Tech in talent acquisition: The former’s impact on the latter

By Geraldine Grones

The technology landscape for talent recruitment is growing in complexity. Over 60% of companies are increasing their investment in recruitment technology, according to Aptitude Research’s 2019 Talent Acquisition survey. Companies are looking at both traditional providers and startups to help them solve challenges with attracting, recruiting, and hiring talent.

Nowadays, technology does more than keeping organizations compliant and providing a workflow for moving candidates through the process. As a result, the modern landscape is shifting from a transactional model to a more sophisticated suite of solutions. According to CareerXroads 2019 Tech Stack Benchmark study, organizations see the following impact from their talent acquisition tech stack: reduced time to hire (56%), reduced recruitment costs (35%), and improved quality of hire (30%).

Read More – https://www.hcamag.com/us/specialization/hr-technology/tech-in-talent-acquisition-the-formers-impact-on-the-latter/212712