HR must learn to leverage AI technology…or face being left behind by those that master it. There is no doubt that AI will become a mainstream HR tool for companies of all sizes and industries, including yours, just like the technological advances that came before it.
Alexander Mann Solutions, one of the world’s leading providers of talent acquisition and management services, and SharedXpertise, publisher of HRO Today, have released the new study Bits Don't Byte: HR Finds Artificial Intelligence a Positive Evolution.
Over the last quarter century, advances in technology have dramatically impacted business—and talent acquisition has not escaped that transformation. Next up: recruiters must learn to leverage AI technology… or face being left behind by those that master it.
In order to establish early satisfaction benchmarks, plans for AI adoption in the HR industry, and ascertain the impact in recruiting, Alexander Mann Solutions has partnered with HRO Today to conduct a survey of 150 talent industry professionals.
Overall, the use of AI-enabled technology is rising among companies of all sizes, with 53.7% of sampled companies planning to implement AI in their organizations in the near future. Our initial findings reveal…
- Just over one-half (57.4%) of respondents have been using AI in HR for a year or less.
- Just over one-half (59.7 percent) of HR professionals indicated that AI has met their expectations. 5.3 percent feel it has not. That’s a difference of over 11 times!
- Larger companies with 10,000 or more employees are three times more likely than companies with less than 500 employees to be using AI and twice as likely to have plans to implement it in the next two years.
While it’s too early to tell if the investment in AI by HR is paying off, the report does reveal some noteworthy indicators, including that most feel positively about their experience so far.
There’s still a large group undecided about AI altogether, as over one-third indicated that AI has neither met nor not met their expectations...why is that?
One of the major concerns about AI is its impact on job elimination, but should HR professionals really be concerned? When study participants were asked what they predict will happen to the size of their organization’s recruitment teams in 24 months as a consequence of AI…the result may surprise you.
There is no doubt that AI will become a mainstream HR tool for companies of all sizes and industries, including yours, just like the technological advances that came before it.