The recruitment space has been slow to adopt AI, according to research from iHire. The company’s 2023 State of Online Recruiting Report said just 4.9% of employers are using AI to address recruiting tasks such as job descriptions or screening resumes. Only 2.8% of candidates said they had used AI to assist in their job search by, for example, writing their resumes. Nearly two-thirds of employers, 62.6% are struggling with unqualified applicants – their top recruiting challenge.
Talent acquisition leaders say they want to use a skills-based approach to hiring but, in reality, many still rely on resumes as a primary decision point, according to a report from Filtered. The study found 92% of respondents said they’ve already implemented skills-based hiring. However, when asked what the most effective tool is in assessing whether candidates have the necessary skills to do the job, 54% listed either the candidate’s educational background or their professional background.
Gem conducted its second round of layoffs, just a year after promising it would double its employee head count. On LinkedIn, CEO Steve Bartel said the company would reduce headcount by approximately 70 employees because of “challenging macroeconomic conditions.” A slowdown in hiring has weakened the market for recruiting software, he said, but with a new structure, Gem should be able to “weather any storm.”
HireRight announced a new background screening analytics solution, HireRight Insights. With it, the company hopes to help users manage their screening program, optimize performance and diagnose signs of potential trouble.
TechScreen launched TechScreen 5.0, which uses its AI Verify engine to process live interviews and evaluate the accuracy and suitability of candidate answers. The company said AI Verify provides an overall summary and detailed analysis of each answer presented during an interview, which can be shared with hiring managers for their appraisal.
Recruiting solutions provider Wright Media launched an AI-based programmatic job-advertising platform. Called HireMaster.AI, the platform seeks to help customers take advantage of what the company calls “the next data wave.” HireMaster.AI allows for daily optimization of data and revises its capabilities with an eye on making hiring more efficient and dependable.
Recruiters Websites, which provides marketing solutions for the TA industry, launched TalentScribe, an AI assistant to help recruiters create and post blogs on their websites. The product uses AI technology to help create talent- and recruiting-specific blogs. TalentScribe provides prompts that understand the needs and preferences of recruiters and their audience, and applies them to relevant content, the company said.
Recruiters.co launched ExecutiveSearch.co, a service focused on businesses seeking executive-level candidates across sectors.
By Mark Feffer
Mark Feffer is executive editor of RecruitingDaily and the HCM Technology Report. He’s written for TechTarget, HR Magazine, SHRM, Dice Insights, TLNT.com and TalentCulture, as well as Dow Jones, Bloomberg and Staffing Industry Analysts. He likes schnauzers, sailing and Kentucky-distilled beverages.
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