A talent intelligence platform designed to transform the hiring and management processes across industriesEightfold AI is a talent intelligence platform designed to transform the hiring and management processes across various industries. It offers a suite of AI- and deep learning-enabled tools for talent acquisition, which help identify and attract candidates as well as manage and nurture talent within an organization.
The platform can analyze millions of profiles globally, providing recruiters with match scores for candidates, which further streamlines the selection process.
Eightfold AI goes beyond traditional resume reviews by offering a career site experience that enhances candidate discovery and engagement. This is where the tool’s AI capabilities kick in to match candidates based on their skills and potential rather than solely on their past job experiences.
Furthermore, Eightfold AI’s approach helps in reducing biases during the hiring process by masking personal information, thus promoting a more diverse and inclusive workforce.
When it comes to talent management, Eightfold AI comes with extensive tools to support employee development and retention. To that end, it includes personalized career planning and development programs, allowing employees to access tailored projects, courses, and mentorship opportunities.
And there’s more, but we have to stop somewhere. All in all, Eightfold AI will meet the hiring needs of different organizations. It has been successfully adopted by major enterprises underscoring its strong value proposition in optimizing talent acquisition and management.
What are the key features?
⭐
- Candidate matching: Eightfold uses advanced AI to automatically match candidates to job roles based on their skills, potential, and experience.
- Talent management: Once candidates are hired, Eightfold provides a range of tools to help manage, develop, and retain staff.
- Bias reduction in hiring: To promote diversity and inclusion, Eightfold masks the personal details of candidates to help reduce unconscious bias during the hiring process.
- Career site: The platform enhances the career site experience, making it more interactive and engaging for candidates - making job applications simpler and more intuitive.
- Temporary workers supported: Eightfold offers a feature called Talent Flex that helps manage contingent or temporary workers.
Who is it for?
🤔
Eightfold AI is primarily made for large enterprises and mid-sized companies that have significant hiring needs. The platform is well-suited for industries that demand a robust talent acquisition and management system, such as technology, healthcare, finance, and retail. In addition, Eightfold AI caters to organizations looking to enhance diversity and inclusion within their workforce and those needing to manage a mix of permanent and contingent staff. However, it may not be as cost-effective for very small businesses or those with infrequent hiring requirements.
Examples of what you can use it for
💭
- Automate the matching of candidates to job vacancies by using AI to analyze skills and potential
- Minimize hiring bias by using AI to mask personal information during the candidate evaluation process
- Help employees identify and pursue career development opportunities within the company
- Manage contingent or temporary workforce more effectively with Talent Flex
- Help employees discover internal job opportunities that match their profiles
Pros & Cons
⚖️
- Uses AI to make hiring much easier
- Minimizes hiring bias in the candidate evaluation process
- Could also serve as a tool for retaining the top talent
- Not the best solution for very small businesses
Last update:
November 24, 2024