Advances in Analytics and Applications by Arnab Kumar Laha

Author:Arnab Kumar Laha
Language: eng
Format: epub, pdf
ISBN: 9789811312083
Publisher: Springer Singapore

2 Analytics for Talent Acquisition

Talent Acquisition (TA) is a fundamentally important function within a company’s HR function, responsible for recruiting high-quality workforce, and important for the successful operations and growth. The recruitment fulfills demand pipeline of futuristic domains and technical skill requirements in shortest possible time frames, at lowest costs, using diverse channels and from multiple locations. Leading IT service providers which have strength of more than 200,000 Full-Time Employees (FTEs) every year hire 40,000–50,000 employees for their growth and talent replenishment. These organizations work in multiple industrial domains requiring combinations of technical and domain skills for executing projects worldwide. The experienced candidates are sourced from recruitment agencies, online job portals, and social collaboration platforms such as LinkedIn™1. The fresh graduates are engaged and groomed through social, community portals run by these organizations who are subsequently screened for hiring as FTEs. Assuming that for each hire at least ten potential profiles are shortlisted by the TA personnel, it requires half a million-candidate profiles collected for scrutiny and proportionate efforts for the complete recruitment process. These shortlisted candidate profiles are further screened by the requestor group who selects, for example, five out of ten profiles for the interviews and onward selection process as depicted in Fig. 1.

Fig. 1A typical recruitment process flow

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