Factorial Takes on HR Talent Acquisition Challenges

Factorial Takes on HR Talent Acquisition Challenges, Enhances AI Tool for Skills-Based Hiring

HRTech Edge
1 min readJul 27, 2023

As talent acquisition continues to challenge companies nationwide and the skills-based hiring trend grows, Factorial, a leading provider of human resources software solutions, has enhanced its AI-powered CV Reader in real-time. Factorial AI now includes a deeper level of analysis, filtering resumes based on candidates’ skills, as opposed to traditional recruitment tools that focus solely on qualifications.

Skills-based hiring is a rising trend across a multitude of industries. According to TestGorilla’s “The State of Skills-Based Hiring 2022” report, 76 percent of employers now integrate skills-based hiring strategies into their recruitment process, with nearly 55 percent using role-specific skills tests. Additionally, over the past year LinkedIn has seen a notable 21 percent increase in job postings in the U.S. that emphasize skills instead of qualifications.

“The next-generation solution offered by Factorial AI’s CV Reader redefines talent acquisition, providing a crucial edge to companies in the competitive job market,” says Jordi Romero, Co-Founder and CEO of Factorial. “By focusing on skills rather than traditional qualifications, companies can make more informed hiring decisions, leading to a workforce that excels in…

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Originally published at https://hrtechedge.com.

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HRTech Edge
HRTech Edge

Written by HRTech Edge

HR Tech Edge covers the latest HR Technology news, analysis, and trends across HR automation, dashboards, and employee experience Contact - pr@edgelinking.com

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