Here are several ways you can spruce up your most critical function and transform your metrics:
1. AI is your lead talent source and recruiter in this digital age Employers now have access to a larger talent pool because of the internet. As a result, applications are received in vast quantities, easily overloading the HR department. Artificial intelligence adoption by businesses increased by 270 percent in four years and is expected to reach $266.92 billion by 2027.
Interestingly enough, the human resources field is contributing to this growth. With the
future of work trending towards digital and remote work, talent acquisition divisions are overloaded with resumes and applications. Fifty-two percent of talent acquisition leaders say the most challenging part of the recruitment process is identifying the right candidates from a large applicant pool; it’s obvious they could use some help.
AI and machine learning tools can help with that. Talent Acquisition Managers (TAs) can automate a variety of time-consuming tasks thanks to AI in the hiring process. The time it takes to screen, hire, and onboard new candidates can be sped up, as can the completion of menial administrative duties, as well as the development and improvement of
standardized job matching procedures.
Read the full report here