Due to a significant labour shortage and the threat of The Great Resignation, 67% of companies have invested more in recruitment technology in the past year. In 2022, that number is expected to increase to 73%.
Recruitment technology is hot among executives; less so among recruiters
It all stems from a study conducted by research company Aptitude Research. The report, Talent Acquisition Technology and the Modern Recruiter, argues that companies have never been more willing to invest in recruitment tech. The research, however, finds a discrepancy in the extent to which people are satisfied with the technology that is being used.
“These different views on technology will impact how recruiters perform and adopt technology at their organisations”
Research shows that the vast majority (78%) of Talent Acquisition and HR leaders are satisfied with the deployed recruitment technology. However, the report states that only 48% of recruiters are satisfied. “These different views on technology will impact how recruiters perform and adopt technology at their organisations”, said Aptitude Research founder Madeline Laurano. “Companies must consider why recruiters are not using certain solutions and what technology will drive value adoption.”
Recruiters are not afraid of AI
On the other hand, recruiters no longer seem afraid of losing their jobs to artificial intelligence (AI). The survey states that 42% of recruiters believe that AI will allow them to be more strategic in their work. “This study found that recruiters are embracing AI”, Laurano said. “[It helps them] to be more efficient and to provide a better candidate experience.”