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 had the pleasure of speaking with Fiserv’s Dr. Sonal Modi on best practices to implement and champion organization’s upskilling programs in order to thrive in today’s changing work environment. This transcript is a snippet of the conversation and has been edited for clarity. If you’d like to receive the complete recording of the webinar click here.
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.
The whole world is moving towards digital transformation in this time. It comes with several lucrative benefits but also comes with challenges for an IT leader. And surpassing them will mean the difference between success and failure. Here’s a list of challenges any IT leader should be aware of and few important points you need to follow while handling these challenges.
In order to achieve success as an organization, you require to understand your market in addition to your competitors. Besides, understanding is power and being prepared can help you get ahead. Launching a business without understanding what to anticipate is the quickest method to be left, whether today or tomorrow! Competitive market evaluation aids you comprehend how current businesses are working as well as what you can do far better. It provides you much deeper insight into market demand for products or solutions you provide, together with the schedule and prices of products your target customers might be looking for.
Chat-bots have found their place in every industry, niche and field. Talent management, recruitment and HR are definitely no exception. With the increased workload for recruiters, companies can employ recruiter chat-bots to reduce their time spent on screening and testing and allow them more in-depth time with suitable candidates.
