Yet IT leaders identify HR as their lowest investment priority, according to new research from iCIMS
HOLMDEL, N.J. [January 30, 2019] – iCIMS, Inc., the market leader for cloud-based talent acquisition software solutions, today released the results of an independent survey of 500 IT and HR Operations leaders’ perceptions, priorities and challenges supporting HR and Talent Acquisition.
“In the same way new technology and data revolutionized marketing, it is now transforming HR, and organisations are accelerating their investment in new recruiting solutions to gain an advantage in the war for talent,” said Adam Feigenbaum, chief customer officer at iCIMS. “However, many HR digital transformation projects fall short of their goals, in part because IT and HR Operations shoulder too much of the responsibility to realise the value from the investment. Our study helps HR and Talent Acquisition leaders better understand and align with their partners in HR Ops and IT to modernise recruiting.”
- IT and HR Ops leaders universally (96%) agree that hiring is “critical to their organisation’s success.” As a result, 70% “plan to increase investment in recruitment technology in 2020."
- However, the challenge for Talent Acquisition and HR leaders is that 79% of organisations struggle to keep up with the growing array of new technology solutions in recruiting. Moreover, HR technology is IT leaders’ lowest priority.
- 60% of IT leaders prefer to “rely on a best-of-breed solution for recruiting than a human capital management (HCM) system.” In a similar vein, the biggest capability gap for multinational companies is to “standardise recruitment on one system across their global operations."
- 59% and 54% of respondents agree that candidate experience and candidate sourcing, respectively, will most benefit from the application of artificial intelligence solutions within their recruitment process.
Click here to view the full iCIMS iNSIGHTS report, The New HR Roadmap to Transforming Talent Acquisition, which details how TA and HR leaders can more effectively partner with IT and HR Ops, including: identifying their organisation’s recruiting data and metrics, articulating a long-term digital strategy, and selecting and driving adoption of a best-of-breed talent acquisition solution.
About the iCIMS iNSIGHTS report: The New HR Roadmap to Transforming Talent Acquisition
The iCIMS Survey was conducted by Wakefield Research (www.wakefieldresearch.com) among 500 US HR Operations and IT executives who have influence over talent acquisition and/or HR software solutions at their companies, between August 7 and August 16, 2019, using an email invitation and an online survey. The margin of error was +/- 4.4 percentage points for the total sample. +/- 6.2 percentage points for each sample individually.
iCIMS is the leading cloud platform for recruiting. iCIMS enables companies to manage and scale their recruiting programmes through an award-winning end-to-end talent acquisition platform and an ecosystem of nearly 300 integrated partners. Established in 2000, iCIMS supports more than 4,000 customers, including nearly 20% of Fortune 100 companies, hiring 4 million people each year. For more information, visit www.icims.com.