SAN FRANCISCO, June 1, 2015 /PRNewswire/ -- Gild, the company that powers the way companies find, engage, and hire talent with data and intelligence, today announced the first comprehensive business intelligence (BI) solution for hiring, available through The Gild Platform. Gild's Business Intelligence for Hiring replaces the need for a costly, external BI platform and applies predictive analytics and insight to every stage of the hiring process, delivering 360-degree information and easy, customized reports that help every job role make better decisions.
Traditional hiring analytics solutions require additional BI-specific tools and expertise plus manual input and maintenance for reports that provide limited information and only scant intelligence. In comparison, Gild's Business Intelligence for Hiring automatically gathers data into graphical reports that are easily customized by job role and refreshed on a scheduled basis. Simple-to-use report wizards help turn anyone into an instant BI expert and create a clear map of a company's hiring landscape. Users can even compare results with other companies within specified parameters to benchmark performance against competitors—a critical strategic feature not available through other existing solutions. This approach lets executives, talent acquisition professionals, hiring managers, and recruiters assemble role-specific information into a personalized dashboard to support strategic decision-making about the best ways to structure and improve the hiring process at every level.
"There's a sea change coming to talent acquisition that's similar to the transformation marketing automation tools created in how companies go to market," said Sheeroy Desai, CEO of Gild. "By arming each person involved in the hiring process with the real-time information to become more effective, Business Intelligence for Hiring eliminates the need for a dedicated business analyst or costly, separate BI application. As an integral part of The Gild Platform, our new BI solution lets everyone see the data that matters most as well as data they never had access to before—whether it's understanding which sources produce the best candidates, where recruiting campaigns are most successful, how employees are performing, or where resources are being spent. And because we offer data in a form that's both meaningful and easy to understand, companies can now get a truly accurate overview of their entire business ecosystem."
Business Intelligence for Hiring Makes Anyone a Business Analyst
"We designed our Business Intelligence for Hiring solution to be automated, easy-to-use, and individually relevant for multiple roles," said Luca Bonmassar, CTO of Gild. "We started with a library of drag-and-drop custom reports, but savvy users like developers can also write their own queries and use our IDE for easy integration with things like a third-party onboarding application. By making the solution both personalized and agile, it's easy to tailor it to each customer's specific needs."
Gild's Business Intelligence for Hiring is part of The Gild Platform, and available to all customers. The solution consists of persona-specific dashboards that can be custom-fitted to each hiring role. Here's how different staff and business strategists can optimize the new Business Intelligence for Hiring solution:
- CEOs: With a new single source of truth for the entire company, CEOs can immediately assess the return on investment (ROI) of each hiring expense, benchmark performance against that of similar businesses and make educated decisions about where to focus resources and what strategies to pursue over time.
- CFOs and Finance Professionals: With a graphical comparison of aggregated hiring expenditures and returns from across the company, financial experts can quickly understand the fiscal impact of hiring on budgets and the bottom line, identify pricey missteps, and optimize the hiring process for the most cost-effective return.
- Talent Leaders: With new access to data on everything from the state of the pipeline to recruitment cost per employee, talent leaders can become analytical pros by tracking effectiveness by department, hiring team, and even individual managers to improve the speed and effectiveness of hiring across the board.
- Recruiters: With the ability to track performance against colleagues as well as recruiters at similar companies, recruiters can boost personal productivity, make better hiring decisions based on behavioral metrics, and become more valuable and strategic by mastering BI and its impact on the business.
- Hiring Managers: With new data about how hiring and firing rates impact each team, which factors affect productivity the most and which areas require improvement and optimization, hiring managers can now become instant analytical experts and help grow the entire business.
- BI Analysts: With auto-refreshed data and easily customizable reports, BI analysts can stop fielding time-consuming, expensive ad-hoc report requests from across the company and focus on building unique, sophisticated reports relevant to the business using Gild's IDE.
Availability
Gild's Business Intelligence for Hiring is built into The Gild Platform, and available now to all customers. To learn more about the new solution, please visit http://www.gild.com/solution/analyze-report/. To learn more about The Gild Platform, please visit www.gild.com.
About Gild
Gild is transforming the talent acquisition industry and fundamentally changing how the world hires. Fueled by data science, consumer-friendly technologies, and predictive analytics, Gild's smart hiring platform powers the way companies find, nurture, and hire talent across all industries and functions. Gild is used by growing companies to hire the talent they need to innovate and succeed—smarter and faster. Founded in 2011, Gild is headquartered in San Francisco, with offices in Salt Lake City and Milan.
Media contact
Irene Hodge
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SOURCE Gild
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