Human Resources (HR) professionals have to wear many hats. From recruitment, to handling employee performance, relations, training and benefits, to planning and maintaining administrative functions, HR management is not just limited to hiring anymore. With the role of HR becoming critical in supporting business, companies are increasingly looking to integrate technology into their HR operations to streamline their tasks. Seeing an opportunity, a slew of HR technology startups are building products using artificial intelligence (AI), machine learning (ML), data analytics and blockchain to help enterprises enhance their business outcomes.
AI OVERHAULING HIRING PROCESS
Nitin Kumar signed up on several job portals in early 2020 while looking to switch jobs. What worked well for him was an AI-based platform Instahyre that threw up relevant listings which matched his credentials. “The platform listed tech roles suited to my skill set and from known companies, which was not the case with other portals,” said the Delhi-based software developer. Instahyre has developed a matchmaking algorithm that analyses millions of data points to find the job best suited for candidates using the platform.
The Delhi-based advanced hiring platform is streamlining recruitment--from discovery, to communication to engagement-of not just job seekers but also companies. Sarbojit Mallick, co-founder and CBO, said “Our platform is solving three key problems in the recruitment industry: high cost of hiring talent that often turns out to be unreliable, long hiring process and difficulty job seekers face in discovering the right job.”
Denne historien er fra May 2021-utgaven av Entrepreneur magazine.
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Denne historien er fra May 2021-utgaven av Entrepreneur magazine.
Start din 7-dagers gratis prøveperiode på Magzter GOLD for å få tilgang til tusenvis av utvalgte premiumhistorier og 9000+ magasiner og aviser.
Allerede abonnent? Logg på
Chords of Success
For Saahil Goel, the deep-rooted passion for playing the guitar dates back to his high school days. Influenced by legends like Pink Floyd, Led Zeppelin, and the Pakistani band Strings, his musical journey mirrors his leadership style-balancing focus, discipline, and a collaborative spirit. Goel feels that playing guitar has enhanced his ability to balance focus and teamwork as a founder of an eCommerce shipping start-up.
IS YOUR RENT TOO DAMN HIGH?
Many small business owners struggle with their rents. Here's what to do.
HOW TO BOUNCE BACK FROM A BAD REVIEW
A one-star review can hurt your ego - and your business. But it's possible to prevent (and remedy!) this scary scenario.
HOW TO HIRE FOR THE FUTURE
Small businesses are struggling to find quality labor. So flip the conversation: Show workers how your business will set them up for opportunity.
You Can Hire Like Netflix
The streaming platform built an incredible team with a strategy called “talent density.” But you don’t need to be a tech giant to do it.
Speedy Growth Killed My Startup
We seemed to be rocking it - lots of press, major partnerships. Then we learned the harsh consequences of overlooking our customers.
Three Pivots to $100 Million
How do you find a working business model? Do it like Rowan-a brand that reinvented itself many times before finally piercing the ear-piercing market.
What Goals Actually Matter?
Some benchmarks are more important than others so what should you really care about? We asked six founders for their hardest-won lessons.
'Only the Strongest Are Going to Survive'
Brian Lee cofounded companies like LegalZoom and ShoeDazzle-and he believes a lot of conventional business wisdom is backward. Sure, it's harder to raise capital. But it's actually cheaper than ever to start a company.
HOW TRUST SAVED KFC
The former CEO of Yum! Brands explains how he turned around a struggling KFC-and the important lesson it offers for anyone in franchising.
