Currently, multiple fields across society are undergoing the baptism of the wave of big data, and the field of human resource management is no exception. Business Intelligence tools have helped HRM transition from a model based on experience to one that relies on factual data; manpower assessment has shifted from a highly subjective single expert to the construction of mathematical models relying on big data processing technology; and the corporate recruiting process is moving toward an increasing reliance on social networking and big data technology.

1. Big data helps HR-BI

Human Resource Business Intelligence, hereinafter referred to as HR-BI, i.e., Human Resource Business Intelligence, is mainly to solve the problem of monitoring the entire human resource process through data, monitoring and analyzing human resource management.

2. Big Data for Talent Assessment

Through the understanding of the current situation of talent assessment at home and abroad, we know that most of the talent assessment of enterprises are now in a single expert assessment, obviously with a strong subjectivity. For this reason, the use of big data technology in talent assessment of some of the issues such as talent performance appraisal, talent selection and categorization of research to improve the previous algorithms in some of the immature places.

Big data technology can find the information hidden in some large human resource databases and help decision makers to find the potential connection between the data, so as to effectively conduct talent assessment.

3. Big data helps companies recruit

The company provides human resource management solutions and industry macro-analysis reports, and sells them to human resource departments, headhunters, job boards, the media, and the government. They make money by selling recruiting scale reports, online individual solutions, and online corporate solutions. For example, Wanted Analytics and Forensic JobStats are two typical B2B companies. They also help organizations find the right candidates faster by quickly determining where to place job ads, easily filling job openings, and knowing where to find candidates.

4. Big data is the key to success in China's HR and recruitment industry

The application of big data processing technology is growing rapidly around the world, propelling society as a whole into the era of big data. And big data processing technology itself will become the key to victory in China's human resource management and recruitment industry.

Products and solutions supported by big data technology in the HR management and recruitment industry are enjoying rapid growth globally. Companies in the HR industry are reaping direct benefits by selling processed and analyzed business reports, creating new business models with commoditized big data applications.