About one-third of organizations say they have a formal talent acquisition technology strategy and roadmap, with technology deployed for most talent acquisition processes in a consistent and integrated fashion according to Brandon Hall Groups Talent Acquisition Technology Study, with 295 responses from 39 countries and 31 industries.
Of those organizations, about three-quarters realized increases in productivity and quality hires since implementing their talent acquisition technology, the study showed, compared to just 35- 45% of organizations with no technology strategy or a loosely defined one.
"This research reveals data about current talent acquisition technology requirements and the emerging technologies that organizations plan to purchase in the near future," Brandon Hall Group CEO Mike Cooke said. "Over the next couple of years, organizations will be more focused on artificial intelligence tools that will predict time-to-fill, candidate-to-job matching and employees most likely to leave their jobs. As they make this leap forward, organizations seek providers to help them more than ever before. The research reveals the most valued competencies of a talent acquisition solution provider."
The biggest barrier to satisfaction with talent acquisition solutions — by close to a 2-to-1 margin — is the cost of the technology.
Other highlights of the research results include:
- Right now, the most critical technologies to organizations overall are applicant-tracking systems, onboarding solutions and analytics reporting.
- When considering replacing current talent acquisition technology, organizations favor an HCM solution that includes talent acquisition over a best-of-breed, point solution by a margin of 65% to 35%.
- The five most valued competencies of a talent acquisition solution provider are: Reporting/dashboards (79% of organizations), integration capabilities (77%), customer support services (72%), intuitive, user-centric interface (72%) and user training (71%).
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About Brandon Hall Group Inc.
Brandon Hall Group is a HCM research and advisory services firm that provides insights around key performance areas, including Learning and Development, Talent Management, Leadership Development, Talent Acquisition and HR/Workforce Management.
With more than 10,000 clients globally and 25 years of delivering world-class research and advisory services, Brandon Hall Group is focused on developing research that drives performance in emerging and large organizations, and provides strategic insights for executives and practitioners responsible for growth and business results.
At the core of our offerings is a Membership Program that combines research, benchmarking and unlimited access to data and analysts. The Membership Program offers insights and best practices to enable executives and practitioners to make the right decisions about people, processes, and systems, coalesced with analyst advisory services which aim to put the research into action in a way that is practical and efficient.
For additional information about our organization please contact Mike Cooke via mike.cooke(at)brandonhall(dot)com or via phone at (561) 306-3576.
