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To appreciate the transformative potential of the intersectionof agentic AI and talent strategy, look no further than a recent gathering of customers and employees of the talent intelligence platform Eightfold AI. HR has to lead this transformation from the front, said Chano Fernandez, Eightfold’s co-CEO.
Skills intelligence software has emerged as an indispensable tool, enabling companies to assess, track, and develop employee competencies effectively. These platforms not only help in identifying skill gaps but also facilitate targeted training and strategic workforceplanning. What is Skills Intelligence Software?
Eightfold AI Overview: Eightfold AI is a deep-learning talent intelligence platform that revolutionizes hiring, reskilling, and workforceplanning. It automatically maps workforce capabilities and helps optimize talent allocation. It analyzes billions of data points to make unbiased, data-driven HR decisions.
As AI advanced, it moved from handling simple tasks to supporting strategic decisions like workforceplanning. AI is now used across HR in hiring, onboarding and offboarding , workforceplanning, chatbots and virtual assistants, learning and development (L&D), analytics, talent management , AI coaching, and HR business partnering.
They assess job history, education, skills, and even inferred traits like career progression and stability. Eightfold is another AI recruiter that digs into profiles to map the most valuable candidates not based on keywords, but by fully understanding their potential based on their experience and skills.
The Wall Street Journal reported that chip makers face a labor shortage citing research from Eightfold Talent Insights. Succession planning: How to identify potential and nurture future leaders. The future of work: Eightfold AI’s 2022 Talent Survey. Talent Insights: The semiconductor industry.
Ed note: Here’s what recent Eightfold AI research reveals about hiring and upskilling in the oil and gas industry.). Ed note: Research from The Josh Bersin Company, powered by Eightfold, highlights this role redesign.). Likewise, employee learning, hiring, and arranging contractors should all incorporate skills-driven workforceplans.
High-interest rates, a cooling housing market, and an ongoing hiring freeze at big tech companies are leading people to stay in place longer, both in their homes and at their jobs, said Shannon Gaydos , Customer Success Executive at Eightfold AI. Fitch Ratings expects the U.S. consumer finances will help cushion its impact.” .
Designed for large and mid-sized organizations, Workdays AI features enhance decision-making across talent acquisition, performance management, and workforceplanning. They offer scalable plans that are affordable and easy to implement, without requiring a large IT team. Can AI in HR help reduce employee turnover? Absolutely.
According to Eightfold AI’s report “The Future of Work: Intelligent by Design,” a majority of HR leaders across 250 organizations are already leveraging AI for employee records management (78%), payroll processing (77%), and recruitment (73%).
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