In a report published in 2019 by IBM, it was reported that the average cost of a single data breach is over USD 3.92 million.
We read every day that we’re in the fourth wave of Industrial Revolution, and businesses are adapting and changing by the minute to thrive in this new dynamic. Technology has become an essential component of every business, including HR.
Just a decade earlier, storing and maintaining data was a nightmare: there weren’t enough processes, inadequate infrastructure, and the lack of technological know-how to create that data into valuable information. However, with rapid technological advancements, we now live in a data rich environment. Around 2.5 quintillion bytes of data is generated and processed every day. Even the AI/ML algorithms have matured slowly to process this data. Therefore, it only seems fitting that data science is a job that has observed a high demand in the market lately.
It is said that workers don’t leave jobs, they leave managers. The best managers have learned not only the “hard” skills that are common in every single workplace (budgeting, analytics, certifications, and licenses), but they also have an often-inherent mastery of “softer” skills. And it’s no secret that the best managers not only develop but keep employees.
Today, we are thrilled to announce our iconic 1-Click integration with leading applicant tracking system, Jobvite. Our customers using both iMocha and Jobvite now no longer have to toggle between the two to send assessment invites or review scores. Everything can be done right from Jobvite’s platform – this means a leaner hiring process, saving time, and eliminating manual processes.
We are witnessing global crises due to the COVID-19 pandemic. We all are pumped up more than before to stay fit, healthy, and productive by functioning remotely or from home.
Today, a growing number of global IT Services Companies use English as their primary language, even in countries where English is not their first language. English as a means of official communication is looked upon as a business enabler, where ideas are exchanged, viewpoints are shared, and the end goal is achieved. And herein, lies the challenge - English understanding with reference to business context, considering changing dialects from region to region.
90% of CEOs believe that digital transformation (DX) will impact their industry, but less than 15% are executing a digital strategy right now. While such slowness and reluctance to adopt would not have had such a huge impact before COVID-19, digital transformation is now no longer a choice, but rather a crucial driver of revenue, efficiency, and growth.
“It is not the strongest of the species that survives, nor the most intelligent that survives. It is the one that is the most adaptable to change” — Charles Darwin (1809-1882)
Recruiting top talent is an uphill task in today’s job market. As a recruiter, you need to always be on the top of your assessment game. Many recruiters complain about losing star candidates to competition just because they were a tad late to revert.
