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Talent Acquisition Technology

Demystifying Talent Intelligence

Talent Intelligence is one of the fastest-growing categories in HR technology. A blend of experience, personalization, skills, and AI, it offers companies unparalleled insights into talent acquisition and management.

However, confusion continues to surround its definition and function. This report dives into the results of our recent research on how HR leaders perceive Talent Intelligence and their interest in applying it to their practices. We decode Talent Intelligence and its potential impact on businesses and individuals, explain why Talent Intelligence is crucial, and share real use cases and strategies.



Categories
Recruitment Marketing Retention

Recruitment & Retention: Two Sides of the Same Coin

In today’s ever-evolving landscape of HR Tech, there is one constant that remains unchanged – the challenges of recruiting and retaining top talent.

Most companies continue to treat recruitment and retention as separate initiatives with distinct outcomes. Recruitment often falls under the purview of talent acquisition, while retention becomes the sole responsibility of HR or leadership teams. Our research revealed that only 41% of talent and HR professionals consider retention during the recruitment process and just 25% have a clear definition of the quality of hire. 

As a result, many companies fill positions without considering their long-term impact on critical business outcomes such as retention, performance, and productivity. This report explores the relationship between recruitment and retention and highlights the pivotal role of technology in reshaping how companies prepare for their future talent needs.



Categories
Talent Acquisition Strategies Talent Acquisition Technology Uncategorized

Mid-Year HR Technology Trends

The world of HR is evolving rapidly, and technology is playing an increasingly pivotal role in shaping HR practices. According to Aptitude Research, 54% of companies increased their investment in HR technology in the first half of 2023. As we reach the mid-year mark, it becomes essential for HR professionals, executives, and decision-makers to gain insights into the latest HR technology trends reshaping workforce management.

In this report, we will explore key HR technology trends driving change and transformation across the HR spectrum, including skills, internal mobility, AI, and more. We will examine how these trends are redefining talent attraction and retention strategies, and how organizations are addressing new challenges that have emerged in the wake of global events, shifting workforce expectations, and technology innovations.

Categories
Aptitude Index Report Uncategorized

The New Era of Internal Mobility

The New Era of Internal Mobility: Driving Value Through Skills, Metrics, and a Talent-First Approach

In times of uncertainty, companies tend to prioritize internal mobility and career progression. This is because internal mobility can help bridge the gap between recruitment and retention by providing opportunities for growth and reducing turnover.

However, despite the increased focus on internal mobility, only a quarter of companies are confident in their strategies, and 77% have lost talent due to a lack of career development opportunities. Some organizations promote jobs through internal career sites without offering actual development opportunities, while others face barriers in implementing programs and technology.

This report explores a new era of internal mobility that focuses on individual skill development rather than solely benefiting the organization. By examining processes and culture for promoting and advancing employees, companies can take a more strategic approach to internal mobility.



Categories
Talent Acquisition Strategies Talent Acquisition Technology

The State
of Sourcing

Sourcing talent is a critical yet often misunderstood aspect of talent acquisition. Despite significant investments in sourcing teams and technologies, many companies still struggle with ineffective strategies and challenges in tracking their sources of hire. With the changing economy and evolving nature of work, sourcing remains a weak link in talent acquisition functions for many organizations. However, innovations in technology and artificial intelligence (AI) are driving changes in the way companies approach sourcing, with a focus on achieving both speed and quality in talent acquisition.

This report delves into the modern sourcing function, including its challenges, strategies, and technology enablers, to help companies understand the following:

  • The changing investments in sourcing
  • The obstacles faced by companies
  • The necessary capabilities and skills for effective sourcing
  • The role of technology and AI in sourcing
  • The metrics that should be tracked in talent sourcing
Categories
Talent Acquisition Strategies

Unlocking the Power of Strategic Workforce Planning

While workforce planning has been around for decades, it’s often viewed as a tool to support layoffs rather than a way to strategically support the business. But economic uncertainty and shifts in the labor market have made strategic workforce planning more important than ever before.

According to Aptitude Research, 85% of companies are continuing to invest in or increase their investment in strategic workforce planning in 2023, and nearly half of HR leaders are feeling pressure from senior leaders to address the future of work.

Workforce planning is no longer optional. Companies that want to thrive must consistently provide insights and data to address current and future talent needs. HR leaders have a unique opportunity to embrace strategic workforce planning to strengthen their relationships with business leaders and provide data-driven insights into the future of their workforces. 

This report explores what a modern approach to strategic workforce planning should include and the technologies and processes companies should consider to get there.



Moving From A Legacy ATS: When You Need A Modern Talent Acquisition System

Talent acquisition success is measured by its ability to adjust to change. And talent acquisition leaders face continual pressure to quickly adopt the latest technologies. 

One in four enterprises are looking to replace their ATS this year – perhaps because 58% are dissatisfied with their existing provider. But, the decision to replace and modernize a TA system is not always easy. The process is more complex than ever and companies must choose between staying the course, investing in an HCM provider, or going with a best-of-breed solution.

This report looks at the current state of the TA tech market, provides guidance in replacing a TA system, and offers a roadmap for the future. It can be used as a strategic guide to help enterprises better understand the tech landscape and make strategic decisions at any stage of the talent acquisition buying process.



2023 Talent Acquisition Technology Buyer’s Guide

In its fourth edition, this report is the definitive guide for companies looking to navigate the talent acquisition (TA) technology landscape and improve the way they evaluate providers. It serves as a resource for anyone interested in learning more about the trends impacting technology and the requirements critical to making decisions. It is designed to help companies look at the big picture of technology and plan for the next 12 to 18 months.

Organizations need to evaluate providers based on a new set of criteria that encourages partnership and collaboration between the business and the solutions. Today, company culture, customer support, and partnership are a critical part of the buyer’s journey and a key differentiator when evaluating solutions. 

The Aptitude Research Talent Acquisition Buyer’s Guide from 2019 focused on the SMB market and The Talent Acquisition Buyer’s Guide from 2021 focused on the Enterprise market. This year’s edition is designed for companies of all sizes and provides a more complete view of the talent acquisition technology landscape. 

High-Volume Recruiting: New Technology for a New World

The pandemic, remote work, and the labor shortage have heightened the need to focus on the hourly workforce segment, and talent acquisition strategies have shifted accordingly. According to Aptitude Research, 79% of high-volume companies are hiring more hourly workers this year than last, and are reducing time to fill, increasing wages, and providing a better, frictionless candidate experience to compete with a shrinking talent pool. 

Technology has played a critical role in helping companies re-adjust their strategies to include hourly workers. Simple solutions that are mobile-first, consumer-grade, and personalized will help companies connect with this talent in a more meaningful way. 

This report is an update of our The State of High-Volume Recruitment report. Based on data collected in 2022, it looks at the current state of the hourly worker and provides guidance for companies looking to invest in better technology options. Specifically, it examines the following:

  • The challenges facing hiring hourly workers today
  • The expectations of hourly candidates
  • The technology landscape for hourly recruitment
  • Key drivers for and ROI of investing in these solutions

The New Wave of HR Transformation

We’ve officially entered the Early Majority stage in adoption of Automation in HR with 60% of companies increasing investment in these technologies in the past year. In this new wave of HR transformation, a new model of automation is emerging, one that presents substantial opportunity for HR leaders to fully realize the impact opportunity that they set out to achieve in the last great transformation, and one that enables greater operating capacity, more efficient and consistent processes, and stronger stakeholder experiences.

This Report Explores:

  • The HR challenges that are complicating new transformation initiatives.
  • How HR leaders can get started on a more intricate automation journey.
  • The role of IT in supporting the new wave of digital disruption in HR.
  • Emerging, next-gen talent orchestration models to watch out for.
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