New Report Finds Strong Commitment to Technology Investment for People Strategies
We often hear from clients who are trying to keep up with innovations that can help their organizations better attract and retain talent. The sheer complexity of today’s marketplace is daunting. So, if you’re confused by all the noise around talent technology, we’re helping to break down this evolving and exciting space.
In a recent survey, Allegis Group found that organizations are making talent technology a priority. Specifically, 95 to 97 percent of HR decision-makers believe their organizations could better achieve business goals by increasing their investment in new technologies associated with talent acquisition; talent evaluation, selection, and onboarding; and employee development and retention. Additionally, at least 85 percent of companies plan to increase their investment in talent technology over the next two years.
The complete survey findings, along with an overview of talent management trends and solutions influencing how companies attract and retain talent are available for free download in the report, “Smart Power: A Glance at Evolving Talent Technologies.”
Embrace Smarter Talent Management Technology
The report highlights organizations’ commitment to and level of interest in adopting technologies influencing all facets of the employee lifecycle.
Talent Attraction and Engagement: With too many people at the top of the recruiting funnel, today’s employers seek solutions that identify, attract, and engage the right talent – quickly and effectively. Many organizations are finding answers by embracing innovations such as programmatic advertising, social search, conversational AI, and writing analysis tools, to name a few. Among 1,000 HR decision-makers:
- 97 percent agree that increasing their organizations’ investment in technologies related to talent attraction and engagement would drive business success.
- 88 percent plan to increase such investments over the next two years.
- 96 percent agree that increasing their organizations’ investment in technologies related to talent evaluation, selection, and onboarding would help them achieve their business goals.
- 85 percent plan to increase such investments over the next two years.
- 95 percent say increasing their organizations’ investment in such technologies would help them achieve their business goals.
- 85 percent anticipate increased spending on these technology tools in the next two years.
Technology is Here to Empower People
It’s also worth noting that 75 percent of HR decision-makers surveyed believe their need for new technology puts them at a disadvantage in attracting and retaining talent. In other words, employers must embrace innovation to compete for talent. This means now is the time to understand how innovations contribute value and impact, as well as put those innovations to work through a thoughtful implementation process. All the themes in the new report point to a universal message: technology, more than ever, must deliver on its promise to make work more human.
Download the report for insights and perspective on how to put talent technology innovations to work for your business, as well as several sidebar articles by Allegis Group subject matter experts, reflecting their experiences in putting best practices to work internally and for the clients we serve.