RChilli Tips-How to Choose the Best Taxonomy?

Welcome back to our sixth and final episode of the RChilli-tips series.

 Are you ready to dive into more expert advice on how to hire the right talent through skills? If yes, then let's get started!

Great employees are vital to an organization's success, driving excellent results and growth. Building a top team is crucial but not easy. It takes careful planning to match roles with the right talent. 

If you're looking for ways to locate quality employees and improve your organization's hiring process, your search ends here. Taxonomy is the answer to all your hiring hurdles. 

What is Taxonomy? 

Taxonomy refers to the systematic classification and categorization of job-related data, such as job titles, skills, qualifications, and other attributes associated with organizational positions. It involves organizing and structuring this data into a hierarchical framework, typically using predefined categories and subcategories.

4  Key points to consider before purchasing a taxonomy:

1. Precision in Talent Matching: Opt for a taxonomy that captures detailed information about skills and job profiles tailored to your organization's needs. This precision allows for more accurate job-candidate matching, significantly increasing the relevancy of candidates by up to 40% and accelerating the onboarding process by up to 80%.

2. Streamlined Resume Organization: Ensure your taxonomy uses an ontology-based framework for classifying skills and job profiles. This not only streamlines the process of organizing resumes but also reduces recruiters' manual time expenditure by up to 80%, allowing them to focus on more strategic tasks.

3. Integration with Government Data: Select a taxonomy that integrates with local government databases and efficiently maps information on Skills and Job Profiles from open sources such as ONet, NOC*, ANZSCO*, and ESCO. This integration expands access to a skilled candidate pool, enhancing your recruitment drive's reach and efficacy. 

4. Enhanced Keyword Search: A robust taxonomy should offer a keyword recommendation system that includes synonyms, alternative spellings, and variations of keywords. This feature enhances your resume searching capabilities, making it up to 60% more efficient.

Taxonomy provides a structured framework for comprehending skill sets and recruiting top talent. This AI technology systematically enhances hiring precision, ultimately leading to high-performing teams poised for success. 

We believe these tips are the sparks that ignite your journey to greatness. Keep shining brightly, and may each lesson lead you closer to your dreams. Here's to a future filled with endless possibilities. Stay inspired, stay empowered, and keep conquering your world!