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AI-PoweredHR:

AStrategicImperative

PresentedbyGigiKoh

12September2024

AboutUs

RecruitFast,astheleadingbrandunderREForce.Dedicatedtoprovidingcomprehensiveand

efficientHRoutsourcingservicesforenterprises.

OffshoreMarketEntry&Expansion

BPO(BusinessProcessOutsourcing)

FlexibleStaffing

RPO(RecruitmentProcessOutsourcing)

LaborDispatch

•AsubsidiaryofHRnetGroup,aleadingAsia-

PacificHRservicesprovider

•HRnetGroupwasfoundedin1992

•HeadquarteredinSingapore

•AleadingrecruitmentandHRcompanyinAsia.

•ListedonthemainboardofSGXin2017

17Cities

OurFootprints

"OurgeographicalpresenceinAsiastemsfrom

31yearsoforganizationaldevelopment."

AI□□□□□□□□

Introduction

•AIistransformingtherecruitmentindustry.

•AIisstreamliningprocessesandincreasingefficiency.

•AIisenhancingthecandidateexperience.

•AIisdrivingdata-drivendecision-making.

•AIisshapingthefutureofstaffing,

outsourcing,talentmanagement,andglobalmobility.

TheRecruitment

WorldShapedbyAI

AI-PoweredTalentManagement

andOutsourcingServices

•PredictingtheFuture:

usepastdatatopredictthingslikewho'sgoingtoleavethecompany(employeeturnoverrates,satisfactionsurveyresults,performance)

•TalentPoolingandPipelineBuilding:

createapoolofgreatcandidatesforfuturejobs

•OutsourcingandRemoteWorkManagement:

helpswithcommunication,projectmanagement,andtrackingperformance.

AICandidateSourcing

andScreening

•NaturalLanguageProcessing:Employssemanticsearch

algorithmstocomprehendthecontextandintentbehindjobdescriptionsandcandidateresumes.

•SkillsAssessmentTools:Thesetoolsevaluateacandidate'sabilitiesinspecificdomainssuchasprogramming,writing,orproblem-solving.

•BiasMitigation:Helpsmitigatebiasinthehiringprocessbyanalyzingcandidatedatawithout

relyingonsubjectivefactorslikegender,race,or

age.Thispromotesfairnessanddiversityinhiring.

AI-PoweredGlobalTalent

AcquisitionandDeployment

•BreakingLanguageandCulturalBarrierstoUnlocktheGlobal

TalentPool:AItranslationtechnologybreaksdownlanguagebarriers,attractingglobaltalent.Atthesametime,AIfosterscross-cultural

understandingandcooperation,enablingseamlesscollaborationamongglobalteams.

•EfficientandAccurateVirtualInterviewsandIntelligent

Assessments:Seamlessvideointerviewsreducecosts,standardizedassessmentsensurefairness,andaccuratelyscreenglobaltalent.

•EnsuringComplianceandSmoothCross-BorderOperations:AIsimplifiescomplexregulations,

automatesHRtasks,reduceserrors,andensuressmoothandefficientoperations.

CaseStudy:

LeadingConsumerGoodsCompany

AI-PoweredGamifiedAssessments:UtilizedPymetricstoassesscandidates'skillsandpotential,shortlistingthetop33%forfurtherevaluation.

AI-EnabledVideoInterviews:LeveragedHireVue'sAIplatformtoanalyzecandidates'responses,toneofvoice,andfacialexpressions,providingmoreobjectiveassessments.

Achievement:

oReducedthecandidatepoolfrom45,000to300.

oIncreasedofferacceptancerateby25%.

oSavedover50,000hoursofcandidateinterviewtime.

oSavedover8millionyuaninannualcosts.

oImprovedcandidatediversity.

OvercomingChallengesandRisks

•EthicalConsiderations

1.Establishanethicsreviewmechanism

2.Strengthentransparencyandexplainability

3.Respectprivacyanddataprotection

•DataPrivacyandSecurity

1.Strengthendataencryption

2.Implementstrictaccesscontrols

3.Conductregularsecurityauditsandassessments

•ResistancetoChange

1.Strengthencommunicationandexchange

2.Provideskillstrainingandtransitionsupport

3.Showcasesuccessstoriesandbenefits

TheFutureofHR:AITrendsand

Predictions

•RemoteWorkAdaptability:AItoolswillhelpassesscandidates'suitabilityforremotepositions,encompassingsoftskillsandvirtualenvironmentadaptability.

•IntegrationwithOtherTechnologies:FuturerecruitmentwillmergeAIwithtechnologieslikeVR,enabling

immersiveinter

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