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There is a tectonic shift in the way HR functions. “The question is, does the future of work arrived?”
Companies are embracing the new way of hiring. Companies have to quantify HR policies to overcome internal and external outcomes. HR leaders are at the forefront, certifying companies to curate best practices for preserving the well-being of the employees. In a remote working environment, it is mandatory to manage critical and build a high-performing workforce. Also, HR professionals are looking to enhance the pace of ratifying new-age HR technology and find a distinct way for leveraging potential.
According to the study, 60% of the CEOs are concerned about hiring the right talent.
Talent acquisition professionals are utilizing automated hiring solutions the upgrading the quality of hires. It is developing a wave of innovation and accelerating the chances of being recognized as a game-changer for talent. Recently, a corporate giant is leveraging artificial intelligence to initiate a digital recruitment program for screening candidates. This process is helping to assess a large number of candidates across numerous parameters for example attitude, risk appetite, ability to manage uncertainty, and potential. It is also helping companies to view past resumes and reduces unconscious bias in the hiring process. Moreover, this algorithm is saving time and cost while making the talent-captivating process engaging and faster.
Benefits of Artificial Intelligence in Recruitment
Companies are relying on the AI-based online assessment platform for evaluating and assessing the candidates that would stay and perform in their respective roles. By using multiple statistical tools on existing data. Companies can curate predictive talent profiles that would perform better in the context of the organizational culture. Diversity is becoming crucial in various entities, they are also deploying algorithms to determine the right fit candidates from multiple sources of channels and interacting with the multiple candidates to widen the talent pool. AI-based tools are aiding companies to forecast future needs, upgrading candidates’ experience, and evaluating the cost of bad hires. Also, it is helping the company to streamline the hiring process and shows a visible impact on the button line and decreasing attrition rate.
Leveraging advanced tools can offer a holistic solution to broaden the source of the network and strengthen perfection in making hiring decisions.
Think Exam leveraging quality decision making
Think Exam is revolutionizing the world of assessments with advanced digital tools. Also, Think Exam is one of the best online exam software and assessment solution for conducting cheating proof online examination and assessments. It is stimulating corporates to use one suite of online tools. It is prominent for assessing the learning abilities and orientation of a candidate. Think Exam is enabling employers to assess which future-ready soft skills they possess, determining gaps and designing blueprints. It is playing a significant role in modifying the entity’s development strategy. Also, Think Exam is helping companies to upgrade their talent pool and validating Learning and Development solutions.
Talent Assessments are also playing a significant role in assessing leadership and delivering the results. Employers are utilizing assessment for gathering information for finding successful candidates. It is also allowing them to correlate between high scores and high performance.
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