To help you better understand the make-up of your Workforce user base you now have access to an interactive, visual representation of some complex work experience analysis.
Depending on where the members of your firm came from this will give you good insight into the make-up of those who currently work for you.
What problem are we solving?
- Resumes contain unstructured data and are therefore hard to analyse
- Candidates use a multitude of terms and words to describe the same job title. Think 'Marketing Manager', 'Content Marketing Specialist', 'Growth Hacker' etc.
- Understanding relationships between job title variants is incredibly complicated
- Meaningfully searching across a list of job title variants is not effective
Thankfully the European Commission has done some of the work for us in the form of its ESCO Classification Scheme.
What is ESCO Classification?
European Skills, Competences, Qualifications and Occupations (ESCO) classification scheme ( https://ec.europa.eu/esco ) maps 2942 occupations into a hierarchical taxonomy which we have augmented to provide an extra level of detail.
How do we use ESCO?
- Trained models in Elevate predict an ESCO classification based on the text candidates use to describe their work experience.
- Elevate therefore understands what roles people do, irrespective of the job title that they used in their resume.
How do we use the model predictions?
By displaying the classifications we have made in the form of an interactive chart, known as a Sunburst diagram.
This ESCO feature provides better visibility and helps you make informed decisions about where to focus resources and recruitment priorities.
What are the benefits?
- Real time insight into your workforce makeup
- Consistent approach to classification of what employees do
- Reduced impact of nuanced job titles and unstructured data
- Easy to use and interpret
This info could be used in many ways. Obviously, knowing what your workforce members do will influence both the types of vacancies you publish to them and should also steer recruitment marketing and sourcing activity to grow the employee base further, in areas where you need more candidates of a certain type.
How to use ESCO Analysis
You can easily access it by going to your account and from the main landing page selecting the Profiles tab
Select ESCO tab from the top menu bar
Simply hover your cursor pointer over the chart to see the composition of your accounts user base. You can go into more detail by moving the mouse over the outer rings
Frm the example above we can see that this account has 121 Managers onboard of which only 6 are ICT Project Managers.