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Recruitment analytics uses real-time data to measure hiring efficiency and optimize talent acquisition strategies through tracking metrics such as time to hire, cost per hire, and quality of hire, leading to better decision-making and higher retention.
Key Takeaways Organizations leveraging recruitment analytics are twice as likely to improve their hiring outcomes as traditional methods. Three foundational metrics, time to hire, cost per hire, and quality of hire, provide actionable insights that optimize every stage of the recruitment funnel. Advanced analytics tools, particularly AI-powered solutions, improve recruitment by automating routine tasks and providing insights for better candidate selection.