The use of AI at work has grown tremendously. According to Deloitte’s 2018 Global Human Capital Trends survey, 42 percent companies believe that AI will be widely deployed in their organizations within three to five years.
In the world of HR technology, AI is reshaping employee experience, enabling the selection of the right candidates, enhancing employee productivity, easing and simplifying tedious HR processes.
For decades, the talent acquisition function struggled to maintain internal and external data to achieve optimum results. While most technology is available to make life easy, their development have been slower when compared to other technology products, says Joyeeta Chatterjee of Punj Lloyd
The introduction of machine learning technologies is transforming the HR function – right from recruitment, onboarding, learning and development and even employee turnover.
First, the good news: The employability of Indian graduates is at an all-time high. But here’s the devil in the detail: That number stands at 45.6 percent, which means that over half of fresh graduates are not fit to be hired.
According to the India Skills Report 2018, conducted by talent assessment firm Wheebox and HR technology solutions company PeopleStrong, overall employability has increased to 45.6 percent from 34 percent over five years.
The new year for HR Technology- “Events & Leadership” discussions in India began on a phenomenal note at the annual HR Tech conclave organised by SHRM. The venue for this year’s mega event was Novotel, Hyderabad (India’s emerging Hi Tech hub, home to biggest R&D centers operated by the likes of Google, Microsoft, Facebook & many more MNCs).