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AI evolves the hiring process

HR Digest

The adoption of artificial intelligence (AI) by businesses has increased by 270 percent in the last four years and is expected to reach $266.92 billion by 2027. In particular, it is the talent acquisition division that is seeing a greater trend towards AI. Onboarding process made easy with AI. Advantages of AI.

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The outlook of AI on businesses and hiring

Adzuna Blog

AI, once a bold vision of the future, is now becoming a prominent reality in the business world. Surveying 803 companies across 27 industry clusters and 45 economies, the World Economic Forum’s latest biannual The Future of Jobs Report explores how jobs will evolve in the next five years and how trends may shape the workplace of the future.

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Top Modern Methods of Recruitment

Peoplebox

Even after using all the usual hiring methods, you’re still struggling with unfilled jobs and fewer qualified candidates. As an HR leader, you know hiring has changed a lot—candidates expect more, technology is moving fast, and business needs keep shifting. According to a recent study, the average cost-per-hire is about $4,700.

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Employment laws are changing. How tech can create a ‘culture of compliance’

HRExecutive

Aspect 43’s State of HR Tech 2024 report revealed that 55% of surveyed companies use HR tech for compliance and security—double the percentage reported in 2023—making it a top-three organizational priority. Expanded paid leave laws Connecticut is expanding its paid leave laws to require compliance from all employers by 2027.

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2024 Mid-Year Legal Updates: Understanding the New Federal Overtime Rule 

MP Wired For HR

These exemptions include: Executive: Manages a department or subdivision, supervises two or more employees, and has authority to hire, fire, or promote. Additionally, the rule includes provisions for automatic salary level adjustments every three years starting July 1, 2027. What Are Your Next Steps to Legally Protect Your Business?

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The Upcoming Evolution of Recruiting and Talent Development

Rallyware for Human Resources

Nowadays, the recruiting process is very different from what it was ten years ago. Data powered by AI gives richer insights into a candidate’s skills, knowledge and experience. A survey shows that 92% of recruiters use social media when looking for the perfect job candidate. The digital world calls the shots.

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HR in the Age of AI

MapHR

Once a fantasy of the future, AI is quickly becoming a daily part of work. Companies like Microsoft, Facebook, Alphabet’s Google, Amazon and Elon Musk’s OpenAI are recruiting the most talented AI researchers while pouring tens of millions of dollars into research and development. Last year, Microsoft acquired LinkedIn for $26.2