Equifax survey: HR leaders face challenges with tech innovation in hiring, onboarding.

Equifax survey reveals that 50% of HR professionals face challenges in using technology to automate workflows. 76% use AI to improve efficiency in hiring and onboarding. HR leaders aim to free up time to focus on human-first aspects of their jobs, despite challenges with fabricated resume information and speed-to-hire and onboarding processes.

A recent survey by Equifax reveals that 50% of HR professionals are facing significant challenges in leveraging technology to automate workflows. The survey, conducted at the SHRM25 Conference, polled over 250 HR executives and professionals, highlighting the need for more efficient hiring and onboarding processes [1].

The survey also found that 76% of HR professionals are using AI to improve efficiency in hiring and onboarding. However, the adoption of AI is not without its challenges. HR leaders are struggling with fabricated or misleading candidate information, with 71% of HR professionals having encountered such issues in the hiring process. Only 20% of HR professionals are very confident in their ability to detect fabricated information, underscoring the need for more robust verification processes [1].

Additionally, speed-to-hire and onboarding processes present further challenges. Less than 12% of HR professionals report consistently hiring candidates quickly, while 83% see room for improvement in their organization's onboarding process. These inefficiencies can lead to missed opportunities for top talent and negatively impact business performance and team morale [1].

Despite these challenges, many HR professionals are taking proactive steps to incorporate AI and automation into their workflows. Dell Technologies and NVIDIA, in collaboration with IDC, have released a report that emphasizes the importance of strategic AI implementation and the role of technology partners in driving AI success. The report highlights the need for businesses to address talent shortages, integration complexities, and aligning AI strategies with business objectives [2].

The survey by Equifax underscores the importance of technology in transforming HR processes. As AI and automation continue to evolve, HR professionals must adapt and leverage these tools to improve efficiency and effectiveness. By doing so, they can focus more on the human aspects of their jobs, leading to better employee engagement and retention [1].

References:

[1] https://www.prnewswire.com/news-releases/technology-automation-is-a-top-challenge-for-half-of-hr-professionals-equifax-survey-finds-302532189.html
[2] https://smestreet.in/global/dell-technologies-nvidia-idc-release-report-on-ai-adoption-in-apac-9671921