• Skip to primary navigation
  • Skip to main content
  • Skip to primary sidebar
  • Skip to footer

Cornerstone International Group

Executive Search Firm

About Cornerstone

About Cornerstone

The Cornerstone Edge

AESC

Leadership Team

Diversity, Equity, & Inclusion

Become a Partner

Play Video

Get to know Cornerstone

Retained Executive Search

Discover

Retained Executive Search

Assessments

Specializations

Consumer / FMCG

Industrial

Non-Profit

Finance & Private Equity

Life Science & Health

More...

Find an Office

North America

Latin America

Europe / Middle East

Asia

 Find an Office

 Find a Search Consultant

Coaching / Leadership Dev

Discover

Executive Coaching Services

Leadership Development

Board & CEO Advisory Services

Assessments

Find a Coach

News / Blog

News & Blog Posts

National Outlooks

Videos

Surveys

Press Releases

Popular Blog Topics

COVID-19

diversity

leadership development

Healthcare

executive search

executive coaching

women in business

Life Science

neuroscience

vitality quotient

Latest Blog Post

Asia’s Fast-Growing EV Market Will Disrupt Automotive Industry Recruitment

June 2, 2022
Contact
Blog The Recruiting Industry Embraces Big Data
Sep 09

The Recruiting Industry Embraces Big Data

Cornerstone International Group

The term “gut feel” already has a quaint air about it.  It may be not be around much longer.

Striking advances in Big Data and algorithms are rapidly pushing aside the traditional process of candidate search and evaluation with its reliance on intuition and human assessment.

The final interview round conducted by one or more skilled and experienced interviewers is still the ultimate approval but the whole process of getting to that point is changing — has changed.

This year, for example, we can expect to see data able to classify profiles and workforces based on cultural fit, competencies, quality and other dimensions.  In other words, the ability to convert available candidates into a pool of qualified, available talkent.

Consider that in two years, PepsiCo and other Big Data users will be able to fine-tune how salary will influence the expected number of applicants.

Know the Best Channel

Consider that in five years, corporate recruiters will be able to assess and compare the cost per hire and expected time to hire; recruitment feasibility; appeal of the vacancy post text; the best recruitment channel and media; competitiveness of salary and benefits; number of available candidates in the talent pool.

Consider that soon after that you may be able to scan a candidate name and know immediately if he/she is available and interested.

This is the future of Big Data in the recruiting business,  the way Geert-Jan Waasdorp of Rotterdam sees it. He heads up the Intelligence Group,  a research agency specialized in recruitment marketing data and insights that has been analyzing the global labour market since 2003.

Waasdorp has just published  IG’s latest findings in a white paper titled Big Data & Recruitment.

As he points out, the options he discusses in the document already exist as single-source or stand-alone options within a system.  The next big advance will be to integrate these into a predictive tool that will permit a recruiter to, say, increase the salary offer 10% and see the expected reaction.

You can download the White Paper here or from the link above.

Let’s hear your comments on the impact of Big Data on recruiting and whether it can enhance the quality of the workforce and not just make it easier to pull together.

26
SHARES
LinkedinFacebookTweetShareEmailPrint

Filed Under: Blog

Reader Interactions

Leave a Reply Cancel reply

Primary Sidebar

  • News
    • Blog
    • National Outlooks
    • Press Releases
    • Newsletters
    • Surveys
    • Articles of Interest
    • Whitepapers
    • Videos

Get Latest Posts and Stay Informed

Our thought leaders share their industry knowledge and expertise.
  • This field is for validation purposes and should be left unchanged.

Recent News

  • PRESS RELEASE: Cornerstone International Group Recognized as a Global Leader in Executive Talent Search June 21, 2022
  • The Cornerstone Eagle – June 2022 – Impactful Leadership June 17, 2022
  • Asia’s Fast-Growing EV Market Will Disrupt Automotive Industry Recruitment June 2, 2022

News / Blog Archives

Footer

Areas of Specialization

  • by Industry
    • Life Science & Health
    • Financial Services PE & Family Office
    • Industrial
    • Consumer
    • Technology
    • Private Equity
    • Infrastructure & EPC
  • by Function
    • Board Directors & CEO
    • Human Resources
    • Finance and Legal
    • Agile Talent
    • Sales & Marketing
    • Operations & Supply Chain

Quick Browse

  • Find an Office
  • Find a Consultant
  • Find a Coach

Services

  • Retained Executive Search
  • Board & CEO Advisory
  • Executive Coaching

About Us

  • About Cornerstone
  • The Cornerstone Edge
  • Join Cornerstone

Switch Language

Connect with Cornerstone

Copyright © 2022 · Cornerstone International Group · Sitemap

Website Development by LimeCuda

Member-Only Portal