Technology Insights: Harvard Business Review's Report on Automation in Talent Acquisition

In the ever-changing landscape of business, finding and retaining top talent is a major challenge. Organizations understand that staying ahead requires effective talent acquisition strategies. This has been reinforced by a recent analysis from Harvard Business Review.

Rachel Valentino
January 9, 2025

In the ever-changing landscape of business, finding and retaining top talent is a major challenge. Organizations understand that staying ahead requires effective talent acquisition strategies. This has been reinforced by a recent analysis from Harvard Business Review.

In the ever-changing landscape of business, finding and retaining top talent is a major challenge. Organizations understand that staying ahead requires effective talent acquisition strategies. This has been reinforced by a recent analysis from Harvard Business Review.

Report Findings

  • An overwhelming 92% of respondents see the need for more investment in talent acquisition
  • Of the respondents who have already automated parts of their hiring process, 97% report that such automation has been valuable to some extent in improving this process.
  • Only 4% of respondents feel confident in their current talent selection process.
  • The most-desired category of talent acquisition tools is "Applicant Screening/Assessment." 46% of participants are keen to see improvements in this area.

It is clear–there is a need for innovation in the talent acquisition space. Professionals are dissatisfied with the current system, and many are looking to automation and AI as the next step. Specifically, As the challenges of managing numerous applications grow, professionals seek tools that enhance efficiency without compromising the personal experience of the candidate.

Our Solution

This is where HeyMilo comes in. Our AI voice agent is designed to conduct conversational screening interviews. It dives into candidates' skill sets, career journeys, and alignment with organizational values in a natural, 2-way conversation. This approach not only makes the hiring process more efficient but also offers a deeper understanding of candidates beyond traditional metrics. Moreover, our personalized screening interviews do not sacrifice quality for quantity, as over 96% of our candidates report an overall positive experience.

Imagine a situation where top candidates come forward, ready to contribute their unique abilities to your organization. HeyMilo's AI voice agent makes this a reality. The power of AI-driven conversations enables organizations to expedite recruitment, pinpointing exceptional talent with accuracy and efficiency.

Are you ready to step up your recruitment game? Reach out to us at HeyMilo and explore how we can integrate with your current set up and advance your hiring process.

Cover of Harvard Business Review report titled 'Transforming Talent Acquisition Through the Power of Automation and Artificial Intelligence,' featuring a graphical representation of data charts
Read the Harvard Business Review article on how talent acquisition is evolving with AI and automation.

Ready to experience the power of HeyMilo? Visit our website to learn more about our candidate screening software and schedule a meeting with our team. During the meeting, we'll guide you through the onboarding process and show you how HeyMilo can revolutionize your hiring.

Stay tuned for more updates, insights, and success stories as we continue to shape the future of startup recruitment with HeyMilo.

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Can HeyMilo detect cheating?
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Yes, when it comes to interviews, we utilize an active proctoring layer, an AI-classifier, and more to detect cheating. We provide a trust score that indicates the likelihood of cheating.

How do job applicants feel about an AI-agent?
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Candidates are appreciating the ability to go beyond their resume and interview in a more interactive/adaptive manner compared to one way video interview software. We also have an average candidate satisfaction score of 4.6/5 - which highlights HeyMilo's conversational AI.

How are candidates objectively scored?
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Questions can be configured with an objective evaluation criteria - so candidates are evaluated the way your recruiting team currently evaluates candidates.We additionally run 3rd party bias audit checks so with HeyMilo, you're leveraging ethical AI.