3 Examples of Artificial Intelligence (AI) in HR
Artificial Intelligence is becoming an integral part of HR, helping to streamline workflows, improve decision-making, and enhance employee experiences. Here’s a look at how three top HR software platforms—Workday, Eightfold.ai, and Phenom People—are using AI to redefine HR practices. 1. Workday: Predictive Analytics and Workforce Planning How it Uses AI: Workday’s AI capabilities shine in predictive analytics and workforce planning. With AI-powered people analytics, HR teams can identify skill gaps, forecast employee turnover, and recommend learning paths for career growth. Example in Action: Imagine you want to reduce attrition. Workday’s AI can analyze patterns in engagement data, performance, and even external factors to predict which employees are at risk of leaving. This allows HR teams to proactively address issues before they lead to turnover, ensuring your talent stays engaged and invested. Impact: By leveraging predictive insights, Workday allows HR teams to make data-driven decisions that improve retention and workforce development, keeping teams agile and prepared for future challenges. 2. Eightfold.ai: Talent Matching and Internal Mobility How it Uses AI: Eightfold.ai uses AI to optimize recruiting and internal mobility. Its machine learning algorithms analyze a candidate's skills and experience to predict job fit and identify growth opportunities within the organization. Example in Action: When you’re hiring, Eightfold.ai can screen resumes to match candidates with the right roles based on skills, potential, and cultural fit. Internally, the platform can also identify current employees who are well-suited for new roles or projects, promoting a culture of growth and development. Impact: By focusing on talent matching, Eightfold.ai helps companies optimize their workforce by placing the right people in the right roles, whether they’re new hires or internal candidates. This not only improves hiring efficiency but also increases employee satisfaction and retention through growth opportunities.