For years, employers have relied on gut instinct, behavioral interviewing and plain old résumés to determine a candidates fit for a particular job. And while those tactics are still very much in use, a new brand of analytics -- dubbed 'talent science' or 'workforce science' -- aims to bring more discipline to the recruiting process.
As a component of talent management -- the process of creating a success profile for a role within an organization, making sure the profile is well-communicated to everybody within the organization and outside of it, and hiring and promoting to that success profile -- workforce science shows promise in helping reduce turnover and recruiting costs, with some employers reporting that those candidates who are hired using talent science stay at the job up to 20% longer than those who are not.
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