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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.
Over the past few years, I’ve noticed something funny—every time I’m speaking to a recruiting audience and a slide pops up with a tech logo on it, the phones come out. All you want is for me to tell you what the 2025 Top Recruiting Technologies are! All you want is for me to tell you what the 2025 Top Recruiting Technologies are!
AI can help with data-driven decisions, reduce headcount and hiring costs, and improve employee experience. Basic AI chatbots soon followed, managing candidate queries and scheduling interviews without human input. As AI advanced, it moved from handling simple tasks to supporting strategic decisions like workforceplanning.
Today, we know that transforming your workforce is bigger than optimizing some new technology or process. It requires a radical shift in the way we think and approach talent planning for the digital age. The concept of talent-centered design should be embedded in every workforce-planning decision.
Today, we know that transforming your workforce is bigger than optimizing some new technology or process. It requires a radical shift in the way we think and approach talent planning for the digital age. The concept of talent-centered design should be embedded in every workforce-planning decision.
” Despite these concerns, key trends are driving the urgency for HR digital transformation, with AI at the heart of the matter, according to Anna Carlsson, founder of Stockholm-based analyst firm HR Digi who will discuss the “HR 2030 Journey” next month at HR Tech Europe in Amsterdam.
The people leader at Morgan Stanley says his firm’s time to hire is down 40%. By analyzing internal and external data sources, these solutions provide insights for hiring, workforceplanning, skills gap analysis, internal mobility and talent retention.
Despite these shifts, the labor market showed notable resilience, reinforcing the importance of agility and adaptability in workforce strategies as we move deeper into 2025. Additionally, the rise of Gen Z professionalswho increasingly favor flexible work arrangementshas further propelled organizations to rethink traditional hiring models.
A recent survey by Eightfold AI of more than 250 HR leaders found that 92% plan to increase their use of AI in at least one area of HR. Steadily, AI is finding its way into every part of the HR field, from recruiting and onboarding to performance management and evaluation via employee engagement and workforceplanning.
Today, we know that transforming your workforce is bigger than optimizing some new technology or process. It requires a radical shift in the way we think and approach talent planning for the digital age. The concept of talent-centered design should be embedded in every workforce-planning decision.
To answer HR’s burning questions about the recent tech layoffs, we asked Sania Khan, Chief Economist at Eightfold AI, to share her insights on the topic based on her research from the labor market and proprietary Eightfold data. . Eightfold: Did anything surprise you from the tech layoffs report? If so, what?
Today, we know that transforming your workforce is bigger than optimizing some new technology or process. It requires a radical shift in the way we think and approach talent planning for the digital age. The concept of talent-centered design should be embedded in every workforce-planning decision.
Those include how patient numbers are increasing, how required worker skill sets are changing , how digital processes are reshaping operational requirements, and how boosting wages to attract the best employees isn’t a sustainable option for many healthcare businesses, particularly hospitals. . The Healthcare Labor Force Is Changing.
From hiring freezes and layoffs to significant tech advancements, talent professionals across every industry have been thrown into the driver’s seat as they navigate a constantly shifting landscape and its staffing implications. As a result, hiring for potential has never been more important.
Twitter’s fast-paced, of-the-moment approach makes it a great way to keep up with the news in influencers in the recruitment and hiring fields. By following recruitment professionals on Twitter, hiring managers and recruiters can build connections and stay current on news and tips in recruitment. Al Adamsen.
In today’s dynamic world of work, incorporating a best-in-class LXP like Degreed as well as a talent marketplace into your talent management strategy can help align learning to workforceplanning—with speed, at scale, and for impact—so L&D can drive change that prepares employees for anything. So, where should you start?
Job descriptions are now considered strategic tools in influencing hiring decisions and outcomes, enhancing employer branding, and improving candidate experience. This whitepaper explores the latest trends in job descriptions, including the rise of skills-based hiring and the impact of AI and employer branding in refining job descriptions.
Ericsson isn’t the only European telecommunications company taking an innovative approach to fulfilling its hiring and reskilling needs. The British telecom is adding 7,000 software engineers to its European workforce by 2025, “transitioning from a traditional telco provider into a genuine technology company.” Vodafone’s another.
Now, the perfect storm of a tight job market, high quit rates, and rapidly changing business models has complicated workforceplanning. Watch the replay for insight into these five key takeaways and so much more: Digital transformation is just the tip of the iceberg: Industries are converging. Did you miss the live event?
Organizations that focus on upskilling and reskilling internally, hiring for much-needed skills externally, and bringing on contingent workers to fill skills gaps will be the ones coming out ahead next year and in the years to come. The pandemic spurred digital transformation, forcing organizations to digitize and move services online.
One of the most exciting additions to Eightfold AI has been our Talent Insights initiative , a deep dive into data to extract insights about the fastest-growing—and declining—skills and roles across industries around the world. Zahr has a digital transformation background working for McKinsey, Oracle, and Gartner before joining Eightfold AI.
Hiring freezes and layoffs are contagious — and have a major impact on talent strategies across the board. This is especially true for tech skills, which are essential for helping organizations finally achieve digital transformation. Unfortunately, many organizations focus too much on acquiring digital tools.
HR leaders have been under immense pressure to quickly deliver against a mountain of shifting priorities that include virtual work, record hiring demand, growing resignations, promoting well-being, DEI enablement, and so much more. . Ed note: Research from The Josh Bersin Company, powered by Eightfold, highlights this role redesign.).
They must now also possess business acumen, understand data and analytics, understand organizational design, and possess a high degree of digital literacy, writes Kristin Burnham at Northeastern University. . Here’s how CHROs are recruiting and retaining forward-thinking HR teams. Casting Wider Nets to Source the Best Talent.
As has been the case for IT talent and the insurance industry , the consequences of a drawn-out pandemic are affecting how finance and fintech companies recruit, hire, and manage talent. economy to a near halt in the spring of 2020, which prompted employers across most industries to pause hiring. Take graduate hiring.
AI implementation rate A significant indicator of progress in HR’s digital transformation is the AI implementation rate. AI-assisted hiring success rate AI’s role in revolutionizing talent acquisition and retention is undeniable.
According to Eightfold AI’s 2022 Talent Survey , 92 percent of HR executives plan to increase their use of AI in at least one area of their talent programs. As a result, there’s a renewed focus on tactics like internal mobility, upskilling, and hiring contingent workers to retain top performers and maintain efficiency. .
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