AI in Recruitment: Innovation Meets Opportunity (Infographic)
AI in recruitment will spell a bonding between innovation and opportunity. According to Forbes, about 44% of CEOs and CHROs opined that artificial intelligence can upgrade the talent strategy process and ensure increased talent retention. With AI technology in place, organizations/recruiters will be able to address the eight most common challenges faced by the businesses today. This all can lead to the reduced cost of bad hires, which according to Tony Hsieh – Zappos CEO, is more than $100 million. Organizations with AI technology will be able to transform their recruitment practices in – again – eight effective ways thus ensuring that organizations with AI are much more effective while implementing talent programs.