Artificial Intelligence And Its Impact On Contingent Workforce Management

One of the most important undertakings an enterprise has to deal with is finding and hiring an amazing candidate. But the fierce competition for talent, lackluster recruiting and sourcing processes and uncoordinated evaluation criteria make it an arduous task. Astoundingly, 74% of employers claim they've hired the wrong person for a position. These hires come at a cost, with organizations losing an average of nearly $15,000 on every bad hire. It's enticing to tap into artificial intelligence to help with hiring, managing and optimizing contingent workers.