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Using Predictive Analytics Data in Hiring

HR professionals agree almost unanimously that predictive analytics would help them hire and develop employees to perform better, but it appears few have access to data during the talent selection and development process.

According to research from predictive analytics firm OutMatch, 95 percent of those surveyed said access to analytics that predict candidate performance and on-the-job success would be helpful, and 91 percent said their company considered HR a critical component of corporate profitability and success. The problem, of course, is only 35 percent said they are currently using data and analytics when hiring employees, and only 44 percent are using that information when building employee development plans.

“HR executives are speaking loudly and with one voice: there is a better way to hire, and it starts with predictive analytics,” said Greg Moran, President and CEO of OutMatch.

“Since hiring and employee development are critical factors in business success, companies that seize the opportunity to inject data into the process will reap the benefits of increased productivity, satisfied customers, and higher revenue.”
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