Day: August 28, 2019

  • The sphere of Human Resources is being remolded by a plethora of cutting-edge technologies that have mushroomed in the past few years. This has changed the way HR practitioners operate and also how we perceive HR as a function. As per a report by The HR Federation – 2019 HCM Trends, the worldwide HR tech venture capital has made it to 3.1 Billion US Dollars which is almost three times the amount that was invested two years ago. There is a wide array of technologies pervading the HR space, but Artificial Intelligence tops the list for sure. Machine Learning and AI are shaking hands with the human capital realm to produce unprecedented results. More than 50 percent of the managers in the HR industry feel that Artificial Intelligence will soon become a conventional part of the human resources world in five 5 years, according to Irina Novoselsky, the CEO of CareerBuilder. She also reveals how AI has enabled her firm to design job descriptions as well as resumes in minutes. It also provides them insight into the candidates who are apt for the job. Top 3 HR Technologies altering the HR Domain AI Is instilling Smartness into Recruitment It is a costly and time-consuming process to look for suitable hires for a firm. But, the good news is that AI has made it simpler for employers to spot the right talent that would turn out to be a great resource to their organization. The market is now filled with resume screeners and robot interviewers who are there to act as significant support to the HR staff. As a matter of fact, Artificial Intelligence has begun to outrun humans when it comes to assessing the hard skills of job applicants, as disclosed by Harj Taggar, CEO of Triplebyte. Analytics Drive a...