How to hire the best talent on the market before your competitors?
Employers are now struggling to recruit, hire, and retain top talent. A 2021 report found that well-qualified candidates are available for less than 10 days. As a result, recruiters and talent teams are now using AI to automate the hiring process to make it faster, qualitative, less expensive, and easier to manage.
According to a 2019 report from software company Sage, 24% of HR leaders are already using AI for recruitment, while 56% plan to deploy it. A more recent survey by Gartner showed that 47% of HR leaders would increase their investments in AI software by 2022.
AI talent sourcing startups are already attracting the attention of investors across the globe. SeekOut, a unicorn in HRtech, has helped recruiting teams hire for difficult-to-fill positions. The startup has raised $188.6 Million from four funding rounds.
Workable promises to show 50 best candidates for your job right after it is posted. Thanks to a proprietary AI-powered tool that searches through 400 million profiles in a blink of an eye. Workable has helped over 20,000 companies hire more than 1.3 million candidates and raised $84.2M in funding over 6 rounds.
The talent management software is booming and the market size is expected to exceed $13 billion by 2028.
What tools do you use to search for the top talent?