Machine learning in human resources

The use of machine learning in human resources promises to definitively transform the way these departments operate. With its use, organizations can improve the relationship they have with their employees.

Human resources management means collecting data from a large number of areas and machine learning allows for its analysis in a fast way.

Data analysis is a fundamental element in any human resources strategy. In fact, it has been used for many years, but the analysis of the information held by these departments was done manually with the help of tools such as ERPs. However, the use of machine learning in human resources is changing the way these departments operate.

Not so long ago, data collection and processing limited the time HR staff spent interpreting the data. But the use of machine learning is bringing about a radical transformation in the areas of HR and talent management.The use of this tool allows a more efficient response to the different scenarios that may arise within an organization, providing accurate and valuable data to accelerate decision making.

Human resources and machine learning are two concepts that are becoming increasingly linked. Organizations are undergoing a real transformation. HR departments are no longer just in charge of payrolls or executing employee registrations or terminations. Manage remote work, implementing flexible remuneration and implementing work-life balance policies are just some of the tasks they are entrusted with. And to carry them out, artificial intelligence and machine learning which, although they are two different concepts, are analogous, make it possible to accelerate the processes. With these technologies, the work of the HR department has expanded so that it has become a value driver that helps the organization meet its key objectives.

Machine learning to manage HR

Human resource management means collecting data from a wide range of areas. A solution such as BesTalent IA by aggity makes use of the artificial intelligence and machine learning, to obtain information on employee attitudes and sentiments.The company’s management team is also responsible for the management of the organization’s talent, verifying training processes, managing compensation or dealing with relevant external developments, as well as retaining and attracting the talent the organization needs. cybersecurity.

Use of machine learning

More and more companies are taking advantage of the benefits that artificial intelligence and machine learning provide to human resources departments. Different reports indicate that around 60% of companies are already applying machine learning in their HR departments. However, its development is still at an early stage, as seven out of 10 companies using it consider that they are not yet getting all the benefits it can offer.

Advantages of using machine learning in HR

It seems clear, therefore, that the future of human resources and talent management lies in the application of machine learning. Fundamentally because its use allows HR professionals to move into more business-critical roles.

The application of machine learning has numerous benefits and in the field of HR it allows, for example, that in a recruitment process it can automatically pre-select a set of resumes based on certain key criteria, thus facilitating the identification of the most suitable candidate.

Machine learning can also predict movements such as an employee’s intention to leave the company. Thanks to the use of machine learning, the HR department can establish parameters to detect possible abandonment scenarios and make decisions so that the employee remains in the company since it can find out what is driving him/her to leave. All of this, will enable forward-looking strategies because, as the algorithm learns to predict employee flight risk more quickly, it can take preventative action long before an employee realizes they are on their way to their next job.

The benefits extend to many more areas. There are numerous applications of machine learning in business environments that benefit from its application: building customer loyalty, increasing productivity or improving the supply chain are just some of them. And, without a doubt, human resources and talent management is one of the departments that derives the most value from its use.