Employment Application Arrival Model for Talent Acquisition Simulation and Management
Wednesday, April 14, 2-2:40pm EDT
Talent acquisition is a critical element of the talent management cycle. Employment application arrival is a stochastic process that poses limitations and delays on the subsequent vetting, decision making, and negotiation steps necessary to hire and onboard talent. Analytical comprehension of this process may be useful for guiding the content of job postings and the expectations of hiring managers as well as for simulating flows and timing from the issuance of job requisitions to onboarding. This presentation demonstrates that application arrival behavior may be effectively modeled using an ensemble of Gamma-Poisson distributions with mean rate and overdispersion parameter distributions correlated to work site, field of practice, and career stage, using application data from a large research organization collected over several years.