HR professionals are hungry for predictive analytics to help them hire and develop better employees—but only one in three have access.
That’s what we learned from a nationwide survey of more than 175 HR professionals across 30 industries. According to the survey, 95% of HR professionals say access to analytics that predict candidate performance and on-the-job success would be helpful, and 63% say they invest in new technology to improve employee selection and retention. But only 35% currently have access to data and analytics during the hiring process.
So they’re investing in new technology, but it’s not delivering data and analytics—and that’s a problem. Here’s what OutMatch CEO Greg Moran has to say about this alarming gap in HR analytics:
HR executives are speaking loudly and with one voice: there is a better way to hire, and it starts with predictive analytics. 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.”