Hyreo

Adulthood and childhood have more in common than we might think. There’d be no innovations if we weren’t as endlessly curious as children. There’d be fewer successes if we didn’t keep learning from our mistakes, like they do. And life wouldn’t be as full without pushing our limits as fearlessly as children do. Who we are today is built on the dreams, experiments, mistakes, love, and trust we embraced as kids, with that same open, innocent mind. 🤩 When life gets overwhelming, remember to pause and look at things through those same curious, unclouded eyes. You’ll be amazed by the ✨beauty and possibilities that adulthood often 🎭 masks. Be there to support your kids in all their little adventures—and don’t forget to channel your inner kid too! Those moments of unplanned chaos are worth everything! 🎉Happy Children’s Day to every child and child in us all! 🌟 #ChildrensDay #CelebrateYouth #Childhood #Adulthood #Innovation #FutureGeneration #LifelongLearning 

AI leading the way ❌ AI Agents leading the way ✔️    It’s not #AI creating waves anymore—now, it’s all about #AIagents. If you’re still catching up on what these agents bring to the table, here are a few things you should know about agents to understand how they can be leveraged for talent acquisition and recruitment. 💼    What are AI agents? 🤖  IBM defines #AIagent aka #Artificialintelligenceagent as a system or program that autonomously performs tasks on behalf of a user/system by designing its workflow and utilizing available tools. Unlike traditional #AIassistants who need user prompts or instructions, agents are proactive—they can work independently, gathering data and making decisions based on their environment to meet 🎯 specific goals. That’s why they’re sometimes called rational agents or autonomous agents. Often powered by #Largelanguagemodels (hence the term #LLM agents), these AI agents can accomplish complex tasks without human intervention.    A network of Agents 🖧  Imagine an agent tackling a complex task and working in tandem with other agents. They communicate, collaborate, and collectively achieve specific goals—this is known as multi-agent collaboration or Collaborative Multi-Agent Systems (#CMAS). More of virtual teamwork 🤝among agents, isn’t it?    Interestingly, Microsoft has labeled these agents as the “new apps for an AI-powered world.” They’re even planning to release an upgraded #CopilotStudio designed to build autonomous agents. Can be a bit hard to digest as we haven’t fully wrapped our heads around what AI can do–but agents are shaking things up further, unlocking new levels of automation and innovation for businesses. Mindboggling right? Get ready to embrace something more impactful than AI itself. ✨    AI agents for modern talent acquisition  Wondering what AI agents can do for recruitment? It’s easier to ask what they can’t do. These agents streamline recruitment processes, keep candidates engaged, conduct pre-screening, predict candidate fit using analytics, and even help reduce bias by providing objective assessments. 🚀    A constellation of agents working together to orchestrate business processes is the 🔮future that awaits us. What are your thoughts on this? Share them as comments–we’re eager to hear your perspective!    #TalentAcquisition #AIAgents #FutureofRecruitment #HRInnovation #AIpowered #Automation #HiringTrends 

Overcoming Challenges with Enterprise HCM Systems Discover the limitations of HCM systems and ways to overcome challenges. Learn how a recruiting platform can complement your HCM and HR Operations. Read more on our latest blog: https://lnkd.in/gfhsjRRk

Unlocking Innovation through Democratized Gen AI Gen AI is transforming industries by making knowledge universally accessible. Discover how this technology empowers anyone to become an innovator. Check out more on our latest blog: https://lnkd.in/ghUBbg4n

🌍 International Stress Awareness Day  Dear employers and employees,  Stress kills productivity. Period. 🚫  Pushing boundaries to reach your goals is inspiring—but it should never come at the cost of your mental well-being. 🗣 Did you know?  📊 Gallup reports that around 41% of employees globally experience stress daily.  📉 According to HSE, 17 million working days are lost each year due to work-related stress, depression, or anxiety.  But it doesn’t have to be this way. See what you can do to create stress-free workplaces. Tips for Employees to Manage Stress 🧘♂️: 🕰 Set boundaries – Disconnect after work hours. 🌅 Take breaks – Short, frequent breaks can help clear your mind. 🗨 Communicate – Talk openly with your manager about your workload.  📅Stay organized– Prioritize tasks and plan your time accordingly. 💆♀️Practice self-care – Exercise, meditate, and get enough sleep. Tips for Employers to Support Stress Management 🤝:  ⏸Encourage regular breaks – Promote breaks and respect work-life balance. 🤖Leverage AI technologies – Automate repetitive tasks, reduce workload. 🌱Create a supportive environment – Check in with your team regularly. 🎯Set realistic goals – Ensure workloads are manageable and expectations are clear. 🙌Recognize hard work – Acknowledgment boosts morale. Keep that in mind.  #StressAwareness is everyone’s responsibility, and at #Hyreo, we’re dedicated to helping reduce recruiter burnout and enhance productivity. With our AI-powered recruitment platform automating over 70% of manual hiring tasks, we’re freeing up valuable time and energy for recruiters and HR leaders to focus on what truly matters. Do you have any particular stress-reducing strategy at work? Let us know in the comments. #InternationalStressAwarenessDay #StressManagement #MentalHealth #EmployeeWellbeing #WorkplaceWellness #AIinHR  

AI-Generated Interview Simulations: Automating Behavioral and Skills Assessments 🤖 🌟 The days of facing a disembodied #AI interviewer instead of a human one are already here! AI interviews, which effectively manage behavioral and #skillassessments, are gaining traction in recruitment. According to Morgan McKinley, 79% of recruiters believe AI will eventually take over #hiring and firing decisions. Many companies have already embraced AI to streamline their recruitment processes, with giants like Unilever, Amazon, and IBM leading the way. 🚀 So, what exactly are AI-driven interview simulations? These interviews happen between candidates and an #AIinterviewer, all without human intervention. 🤖 AI uses sophisticated algorithms and machine learning to assess candidates and find the perfect fit for each role. With its ability to analyze vast amounts of data and create diverse scenarios for testing both behavioral and technical skills, AI ensures a more comprehensive and effective candidate assessment than traditional methods. Here's how thorough these assessments can be: Verbal/Non-verbal Cue Analysis: AI analyzes the relevance of a candidate's responses, including pitch, tone, facial expressions, and body language. These cues help evaluate job alignment, confidence, engagement, and communication skills. 🎤👁️  Behavioral Insights: AI simulates hypothetical scenarios to assess abilities like decision-making, problem-solving, and critical thinking. 🧠💡  Technical Skill Assessments: AI creates tailored tasks or assessments, such as coding tests or language proficiency exams, to test a candidate's technical expertise. 💻🔍  Emotional/Physiological Analysis: AI picks up on emotional cues and physiological responses during interviews to understand a candidate's temperament and ability to handle pressure in future work situations. 😌💪 #AIInterviews are not only fast, convenient, and scalable, but they also help ensure that hiring is bias-free, cost-effective, and standardized. 🌍✨ According to LinkedIn, 10% of companies are already using AI for interviews, and 17% plan to implement this tool by 2024. What are your thoughts on implementing AI-driven interviews for future hires? 🤔 Are there any key challenges the first-timers should consider before investing in this technology? Let’s discuss! 💬 #AIinhiring #AritificialIntelligence #RecruitmentTechnology #Automation #Innovation #TalentAcquisition 

Spooky season is here, but recruiters will tell you in one voice: ghosting isn’t just a Halloween thing! 😱 We’ve all been there—an amazing candidate, a great interview… and then poof—they disappear without a trace. 🕵️♀️👻 While you can’t control the supernatural, #candidateghosting is something you can definitely manage. Keeping candidates engaged, following up promptly, and setting clear expectations can work wonders. 📞📧 Make this #HalloweenHiring less eerie and way more cheerful with #Hyreo’s Post-offer solutions✨ 🎃 Happy Halloween! And let’s leave the #ghosting for #Halloween night only! 👻 #HalloweenVibes #RecruitmentTips #Ghosting #Halloween2024  

✨ Leave behind the shadows of outdated hiring and step into the glow of smarter, faster solutions!  This Diwali, let AI-led innovation light up your hiring process, making it smooth, efficient, and radiant—ready to attract the talent of tomorrow. 🌟  Wishing you a bright and joyful Diwali! 🪔 

🔍 Analyzing the Dip Faced by SaaS Firms It seems ironic that the very pioneers of SaaS—firms that disrupted on-premises enterprise solutions in the 2000s with their cloud-based approach—are now being challenged by technological disruption from #GenAI.🤖 Salesforce, the world's largest enterprise software firm in 2022, has experienced a stock tumble 📉for the first time since 2004. The Business Times reported that Salesforce missed its Q1 revenue target, bringing in $9.13B instead of the expected $9.15B. And as Forbes mentioned, this miss led to a 21.6% drop in their #stock in just one day after announcing lower-than-expected guidance for Q2 and FY 2025. The decline in #marketshares of consistently high-performing #B2BSaaS firms reflects the dynamic market environment and complex challenges, likely influenced by the AI revolution. According to HFS Research, one of the major reasons #SaaS is losing its luster is the increased focus and spending 💰on Gen AI, which promises to become a leading application for enterprise IT. With Gen AI advancing rapidly, C-suite executives are reallocating significant portions of the budgets toward these initiatives. HFS's 2024 Pulse Survey highlights that most Global 2000 enterprises expect IT spending to increase between 6% and 10%. While companies like Nvidia and Dell, which produce hardware to power Gen AI systems, have seen market demand rise, SaaS firms like Salesforce, Workday, Adobe, and Snowflake—despite their efforts to integrate AI—are struggling to find a clear path into the AI world. As per WSJ FactSet data, eight of the ten largest cloud software providers by annual revenue saw their stocks decline by an average of 9% the day after releasing their earnings. However, according to Grand View Research, the global enterprise software market is still expected to grow 📈 at a CAGR of 11.5% from 2023 to 2030. #SaaS #AIRevolution #EnterpriseIT #TechDisruption #CloudSoftware #GenAI References:   The Business Times  Forbes  HFS Research  HFS's 2024 Pulse Survey  WSJ FactSet data  Grand View Research 

AI Scientists have won the 2024 Nobel Prize in Physics! The relentless dedication to pushing the boundaries of #ArtificialIntelligence and #Neuroscience has finally paid off for two of the brightest minds in the field. The #GodfatherofAI, Geoffrey Hinton, and U.S. scientist John Hopfield have been awarded the 2024 Nobel Prize for their groundbreaking work on #DeepLearning and #NeuralNetworks. Their contributions form the bedrock of modern AI applications that are transforming industries, including recruitment. A proud moment for innovators everywhere, and especially for us at Hyreo as we continue to explore and innovate with #AI.🙌 Hinton's work on the deep connection between physics and AI has been pivotal in transforming today’s #LLMs like #ChatGPT. His development of backpropagation algorithms and advancements in image and speech recognition were already celebrated with the Turing Award in 2018, and now, the Nobel Prize takes it one step further. Hinton’s words, in the light of this latest achievement, were truly inspiring:   “In science, you can say things that seem crazy, but in the long run, they can turn out to be right. We can get really good evidence, and in the end, the community will come around.” Interestingly, he also warns us about the ethical implications of AI alongside its advancement, which calls for strict guidelines in place to ensure responsible practices. John Hopfield, revolutionized associative memory and neural networks—key elements of the #machineLearning advancements we see today. His development of the Hopfield Network sparked renewed large-scale interest during a period of declining research in AI. Over the years, Hopfield has earned numerous prestigious awards for his contributions across various fields in physics, including condensed matter physics, statistical physics, and biophysics. How do you think AI is going to change the way recruitment and HR work in the next few years? Share them in the comments. #NobelPrize #GeoffreyHinton #JohnHopfield #AI #DeepLearning #NeuralNetworks #Innovation