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This is the opportunity to pinpoint the roles within the department, assess your workforce’s current skills, and benchmark against the industry or your competitors. ” Sania Khan is the chief economist at Eightfold AI, the AI-powered platform for all talent, and the author of the upcoming book Think Like an Economist.
Skills Benchmarking: Benchmarks primary, secondary, and soft skills to reveal internal skill gaps. Eightfold AI Eightfold AI is an advanced talent intelligence platform that leverages AI to analyze skills, match employees to opportunities, and support workforce planning.
This topic of combining speed and scale with a personalized approach is what prompted our Community Conversation between Grace Cecilio, Manager of Sourcing & Talent Acquisition at Dexcom , and Jason Cerrato, Senior Director of Product Marketing at Eightfold AI. When engaging candidates, Eightfold goes beyond matching jobs to people.
To explore this question, Eightfold leveraged its Talent Intelligence Platform. To provide a benchmark, we also looked at profiles from renewable energy companies. The post What Our Research Reveals About Hiring in the Oil and Gas Industry appeared first on Eightfold. What’s on the horizon for the oil and gas industry?
Eightfold talked about an alternative, hiring people based on their skills, in a recent webinar. Eightfold’s AI shows that there are 1.4 Benchmark and plan for the future. The post How to Transform Talent Practices With Skills appeared first on Eightfold. An alternative is to hire people based on skills.
To answer HR’s burning questions about the recent tech layoffs, we asked Sania Khan, Chief Economist at Eightfold AI, to share her insights on the topic based on her research from the labor market and proprietary Eightfold data. . Eightfold: Did anything surprise you from the tech layoffs report? If so, what?
Leveraging generative AI (GenAI) trained on three decades of Trust Index™ benchmarks, insights, and best practices from Great Place To Work available only to UKG, the Great Place To Work Hub provides organizations with actionable insights to become a great workplace, connecting culture to business outcomes.
At the conference, UKG also highlighted our partnership with Eightfold AI , a leader in AI-powered talent intelligence, to help companies that strive to be great workplaces transform high-volume hiring by more effectively attracting and engaging high-performing, diverse talent.
Hiring managers would do well to read that guide for Price’s practical advice, but also for benchmarking their own organizations’ abilities to create trans-friendly work environments. The post Employers Are Embracing Inclusion, and It’s Changed Candidate Interviews appeared first on Eightfold. Lesson No.
First, though no federal regulatory framework currently exists for AI business tools, it’s likely on the horizon: Several states, including Illinois and New York, have introduced legislation to that effect, and in 2021, the European Union proposed strict rules for AI use that could be a benchmark for future regulation.
According to the ASPR Physician Recruitment Benchmarking Report , most health organizations report that it takes them more than six months to recruit and hire a physician. The post The 4 Challenges of Healthcare Talent Management appeared first on Eightfold.
Workforce Insights & Analytics: Analyzes industry trends, competitor talent pools, and market benchmarks. AI Candidate Sourcing tool #4: Eightfold AI Eightfold AI is a comprehensive talent intelligence platform. Eightfold AI addresses the entire talent lifecycle. What Is Eightfold AI Used For?
It examines how companies can optimize job descriptions using artificial intelligence, data analytics, SEO, and competitive benchmarking. Measuring Job Descriptions Measuring job descriptions against industry benchmarks can help improve them. Train hiring teams to recognize bias.
The upskilling solution is part of the Eightfold Talent Intelligence Platform. Identifying skill gaps and setting talent goals for each employee, benchmarking against best-in-class organizations. Eightfold Talent Upskilling is available today to customers and their employees. Learn more here. Photo by NEXT Academy on Unsplash.
In a recent podcast interview , Eightfold AI President Kamal Ahluwalia shared the top five questions every CEO should ask to increase talent resiliency with a skills-based approach. Before any organization can move forward with skills-based talent plans, leaders must have a benchmark understanding of their current skills advantage.
Skills are the throughline connecting all aspects of the employee life cycle,” said Jason Cerrato, Senior Director of Product Marketing at Eightfold AI. The team took data from several of its internal systems and loaded it into Eightfold AI, where it interacted with data from the public domain. For us, it was Eightfold,” Cohen said.
According to Eightfold AI’s recent report , 70 percent of surveyed employees ranked promotion opportunities as a top priority. They should incorporate organizational data with market data to understand what’s happening in the industry and within benchmark organizations. .
With Eightfold’s single AI platform, companies can see across their whole talent network of employees, prospects, referrals, past-applicants, and alumni. Talent benchmarking. Companies can’t easily benchmark the current capabilities, let alone the potential, of their workforce. Talent strategies.
Once the candidate has submitted their test, it is automatically evaluated and benchmarked by the Assessments tool. Eightfold AI Imagine having a personal hiring assistant who can match candidates to open roles with uncanny precision, and encourage the candidates to to apply for those roles.
Benchmark against prior time periods, locations, business units, departments, sources of candidates, and more. The Eightfold Diversity Analytics starts with the data in your own applicant tracking system and HR information system. Track the pipeline of diverse candidates through the stages of your hiring workflow.
According to the Society for Human Resources Management Human Capital Benchmarking Report, the median cost per hire for US companies is $2,000. The post Here’s How a Slow Hiring Process Impacts Your Bottom Line appeared first on Eightfold. Instead, a proactive approach to streamlined hiring is a must.
For starters, most human capital management platforms are designed based on a jobs-based model, as is benchmark data, notes Gregory Stoskopf, a managing director with consulting firm Deloitte and a panelist. “We Despite the push for a skills-based model, the jobs-based model is still likely here to stay for the long haul, say the panelists.
Can the metric be treated as a standard for future benchmarking purposes? The post Real Accountability: How to Measure Your Company’s Diversity Hiring Efforts appeared first on Eightfold. Does the metric pass the SMART (specific, measurable, action-oriented, relevant, timely) test?
Through this approach, HR moves away from hyper-focusing on past experience and education as qualifiers or outdated job descriptions as benchmarks of a good candidate. The post 3 Ways HR Can Help Candidates Match Their Skills Sets to Open Positions appeared first on Eightfold. in a McKinsey & Company report. .
AI talent-sourcing platforms like Plum, Eightfold, and Pymetrics can help identify soft skills, which are innate tendencies and behaviors that measure potential and can help employers make unbiased hiring decisions. And in 2021, the European Union proposed strict rules for AI use that could be a benchmark for future regulation.
This webinar, sponsored by Eightfold, will highlight dynamic strategies that will help you view DEI with a broader lens and take steps to create a rich culture of cross your organization. The webinar features Brandon Hall Group SVP and Principal HCM Analyst Claude Werder and thought leaders from Eightfold. Register here. More to come!
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