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This tool has solely been researched by the WilsonHCG Innovation team

Summary

OverviewAbout

Talenytics is the first recruitment and collaboration platform that specializes in quality of hire and helps companies At Talenytics, we come to work every day because we want to solve the biggest problem in recruitment – how to improve Quality of Hire?

We’re seeing many businesses, executives and recruitment leaders struggling to recruit and retain top talent. That’s why we developed Talenytics – a platform that helps companies to hire and keep high-quality candidates. We put The software is unique in that it puts collaboration between Recruiters and Hiring Managers at the heart of the process, improving efficiency and ensuring which makes it efficient and ensures everyone is on the same page throughout.

We know that the recruitment process isn’t over once the candidate signs the contract, which is why Talenytics tracks feedback and the candidate’s progress up to a year after the hire is made. We help you understand what works well and what needs work to drive up your Hiring Quality.

Typical Benefits

• Increase Hiring Manager satisfaction
• Reduce attrition - improve retention
• Improve new hire performance
• Monitor and measure quality of hire
• Compare post hire performance with pre hire expectations
• Understand key selection criteria that really drive increased performance

Website link - www.talenytics.com

Some stats from a client using Talenytics:

27% reduction in reworks (reworks defined as roles needing more candidates after first shortlist)

18% reduction in Time to Hire – 41 working days down to 33.5 (quicker ability to capture all stakeholders feedback)

21% increase in Manager satisfaction with hires (during first 6 months) – linked to performance against expectation and exceeding expectation compared to their old performance management model

Pre-Hire Collaboration

Recruiters and Hiring Managers collaboratively define the ideal candidate and critical hiring requirements using Talenytics’ Q-Chart™. Interviewers score using the Q-Chart™. Candidates are then objectively assessed and compared. The successful candidate is chosen, and both Hiring Manager and Recruiter evaluate the quality of the recruitment process.

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Post-Hire Assessment

The Hiring Manager evaluates the performance of the newly hired employee 1, 3, 6, and 12 months after start. Talenytics tracks and reports on how the candidate is performing in their role against expectation, giving rich data and insight into post-hire performance. Recruiters and Hiring Managers use this insight to support in learning and improving future hiring processes.

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Hiring Quality Insights

Our analytics engine gives talent leaders and management real time insights into the quality of candidates and of the hiring process. New generation recruitment metrics such as Hiring Manager satisfaction and recruitment delivery performance can be reported on and analysed. Full quality data extraction is enabled to populate your HR analytics tools.Finally, we put together all the data we have gathered, crunch the results and out pops the richest and most valuable set of recruitment quality data around – by a country mile.

Feaures

Talenytics combines unique technological capabilities with enhanced hiring functions to provide some of the most cutting-edge talent acquisition and retention software available today. Whatever your title, Talenytics’ Quality of Hire features provide significant benefits across the hiring and talent acquisition spectrum.

Pre-hire collaboration

• Visual tracking tools
• Signpost milestones
• Hiring requirements weighted and scored
• Baseline calibration

Post-hire measurement

• Monitor new-hire performance
• Assess & compare alignment to job brief
• Track hiring manager & recruiter performance

Hiring insights

• Assess hiring quality data
• Analyse QoH trends
• Demonstrate ROI to stakeholders

Enhanced Baselining

Ensure positive collaboration between Hiring Managers & Recruiters by agreeing expectations and maintaining a baseline.

Transparency

The transparent assessment process aligns recruiter and hiring manager goals for each vacancy, decisions are free from bias.

Data analytics

Large volumes of candidate and employee data can be gathered, processed and stored securely in a user – friendly and paper-free way, without spreadsheets.

Bespoke measurement

Track real-time and historic performance data to identify trends and ensure standards remain high while continually improving processes.

Benefits

The entire hiring process can benefit from the application of Talenytics. Hiring managers, recruiters, analysts and talent leaders all experience numerous improvements in their working relationships, processes and results by improving Quality of Hire using this unique platform.

Retention

• Boost morale
• Ensure cultural fit
• Monitor new-hire performance
• Lower recruitment costs

Employee Performance

• Boost sales
• Benchmark against competitors
• Secure financial forecasts
• Enhanced productivity

Reduce Bias

• Rate applicants on skills and fit
• Blind assessment
• Accountability for hiring decisions
• Foster diversity & inclusion

Data Compliance

• Centralise data
• Easily amend, delete & update records
• Comply with data regulation requirements

Improve Partner Relationships

• Rate applicants on skills and fit
• Blind assessment
• Accountability for hiring decisions
• Foster diversity & inclusion

Additional Resources

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