The Impact of AI in Talent Acquisition and Management
Recruitment today is broken. Businesses are grappling with challenges like misalignment between hiring and business goals, overburdened recruiters, and poor candidate communication.
These inefficiencies are costly. According to HBR, the wrong hire can cost a company 5-7 times the employee's annual salary when considering hiring, training, and lost productivity. Additionally, a study by Glassdoor found that a single job opening costs companies $4,129 on average, with costs increasing the longer a position remains unfilled.
In the first episode of The Peoplebox AI Talk, Abhinav Chugh, CEO and Co-founder at Peoplebox, sits down with Suzanne Salzberg, a veteran talent leader with over three decades of experience at leading tech companies like Highspot and TextNow.
Suzanne discusses how AI can streamline processes, from creating unbiased job descriptions to improving candidate communication and making data-driven hiring decisions.
About Peoplebox: Peoplebox is your one-stop shop for OKRs, Talent Management, and People Analytics. We help companies set ambitious goals and empower their people to achieve them. Want to learn more?
Schedule a demo here: https://bit.ly/3PfPVOQ
Episode Breakdown:
00:00 Introduction
00:58 Disruption of AI in Talent Space
02:21 What challenges can AI fix in recruitment process?
04:18 Will AI Replace Recruiters?
09:18 Using AI to mitigate Bias in Talent Acquisition
12:11 The role of data in talent decisions
16:05 Aligning Talent Acquisition and Business Goals
21:28 The Future of AI in the Talent Space
Recruitment today is broken. Businesses are grappling with challenges like misalignment between hiring and business goals, overburdened recruiters, and poor candidate communication.
These inefficiencies are costly. According to HBR, the wrong hire can cost a company 5-7 times the employee’s annual salary when considering hiring, training, and lost productivity. Additionally, a study by Glassdoor found that a single job opening costs companies $4,129 on average, with costs increasing the longer a position remains unfilled.
In the first episode of The Peoplebox AI Talk, Abhinav Chugh, CEO and Co-founder at Peoplebox, sits down with Suzanne Salzberg, a veteran talent leader with over three decades of experience at leading tech companies like Highspot and TextNow.
Suzanne discusses how AI can streamline processes, from creating unbiased job descriptions to improving candidate communication and making data-driven hiring decisions.
About Peoplebox: Peoplebox is your one-stop shop for OKRs, Talent Management, and People Analytics. We help companies set ambitious goals and empower their people to achieve them. Want to learn more?
Schedule a demo here: https://bit.ly/3PfPVOQ
Episode Breakdown:
00:00 Introduction
00:58 Disruption of AI in Talent Space
02:21 What challenges can AI fix in recruitment process?
04:18 Will AI Replace Recruiters?
09:18 Using AI to mitigate Bias in Talent Acquisition
12:11 The role of data in talent decisions
16:05 Aligning Talent Acquisition and Business Goals
21:28 The Future of AI in the Talent Space
