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AI in HR: 2024 Guide to Opportunities and Applications in HR

Analytics in HR

A recent survey by Eightfold AI of more than 250 HR leaders found that 92% plan to increase their use of AI in at least one area of HR. Steadily, AI is finding its way into every part of the HR field, from recruiting and onboarding to performance management and evaluation via employee engagement and workforce planning.

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Top 33 Cutting-Edge AI Tools for HR Teams

Bayzat

From predicting turnover rates to identifying skill gaps, this information can help HR teams make informed decisions about talent management and retention strategies. It also utilizes predictive analytics to identify the best-fit candidates for specific job openings, reducing time-to-hire and improving retention rates.

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The Josh Bersin Company: 3 Ways Talent Intelligence Addresses Skills Shortages

Eightfold

“It’s much harder to stay in your lane — you have to tap all the different talent pools,” said Kathi Enderes , Senior Vice President of The Josh Bersin Company, during an online conversation with Eightfold. “We’ve To make matters worse, turnover in the healthcare industry increased by nearly 10 percent during the pandemic.

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What are the new KPIs for HR in this new AI-driven world?

Workable

According to Eightfold AI’s report “The Future of Work: Intelligent by Design,” a majority of HR leaders across 250 organizations are already leveraging AI for employee records management (78%), payroll processing (77%), and recruitment (73%).

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Transformational HR: Key Metrics Being Tracked By Strategic HR Departments

Eightfold

“Data-driven insights are now uncovering issues, influencing organization decisions and investments, and driving continuous improvement within firms,” writes David Fineman , former leader of Deloitte’s Workforce Transformation People Analytics and Workforce Planning program. Employee Turnover Predictions.

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