Data from a recent Harvard Business Review/Paradox survey reveals that automation is driving positive outcomes. In fact, 97% of survey respondents whose organizations have adopted automated technologies in their hiring process said that it has helped hire people more effectively, led to quicker interview scheduling, and reduced candidate drop-off.
The report, Transforming Talent Acquisition Through the Power of Automation and Artificial Intelligence, which surveyed 326 senior business and HR leaders, showed that an overwhelming portion (91%) of key decision-makers believe optimizing hiring processes with automation and AI is necessary for long-term business success.
While the primary focus of the report was on the adoption, use, and impact of automation and AI solutions as part of the hiring process to drive business outcomes, the survey results revealed other key insights into the use of intelligence-driven technology.
- 92% of respondents said their organization needs to invest more into talent acquisition to remain competitive.
- 46% of respondents cited screening and assessments as the capability they most want to improve in the hiring process, followed by applicant communications at 39%.
- Just 4% of respondents said that their organization is currently “very effective” at hiring the talent it needs.