Generative AI (“GenAI”) is reshaping the landscape of talent acquisition and contingent workforce management, unlocking new efficiencies, smarter decision-making, and improved interactions across the hiring ecosystem. As this technology continues to evolve, it promises to fundamentally redefine how businesses source, oversee, assess, and report on both traditional employees and external talent, driving innovation at every stage of workforce strategy.
Ardent Partners and the Future of Work Exchange, in collaboration with global workforce solution provider Magnit, are thrilled to introduce a groundbreaking eBook that explores the transformative role of AI—particularly GenAI —in reshaping talent management and workforce strategies.
This resource dives into how organizations can harness AI-driven insights, automation, and skills-based hiring to optimize talent acquisition, workforce agility, and operational efficiency. From streamlining hiring processes to enhancing decision-making and workforce planning, GenAI is set to revolutionize how businesses attract, manage, and engage top talent in an increasingly dynamic world of work. Click here to download the new study, and, check out an exclusive excerpt below:
Companies are using generative AI to better manage their workforce and respond to changing job market conditions. The technology analyzes large amounts of employee and workforce data to provide insights that help with hiring, retention, and development. Here are key ways organizations are using AI for workforce management:
- Predicting employee turnover. Generative AI can identify which employees are likely to quit before traditional warning signs appear. The system analyzes employee data alongside current market salary information to spot patterns that typically lead to resignations. It then suggests specific actions managers can take to retain valuable employees, such as adjusting compensation or addressing engagement issues. Generative AI, through its application within MSP and VMS solutions, can also leverage its functionality to apply this predictive scope to contingent workers.
- Improving performance reviews. Instead of using outdated annual reviews with fixed criteria, generative AI enables continuous performance monitoring that considers the complexity of each project and current market standards. The technology analyzes both measurable results and communication patterns to provide more complete feedback that helps employees improve while advancing their careers (and also helping to identify skills gaps and opportunities for reskilling/upskilling).
- Creating better interview questions. Generative AI helps hiring teams develop interview questions that thoroughly assess candidates’ abilities. The system creates customized questions for each role that test technical skills, problem-solving abilities, and cultural fit. This leads to more effective interviews that better predict job success.
- Customized training programs. Since organizations cannot always find perfect candidates in the job market, generative AI helps create personalized training plans for existing employees and contingent workers. By analyzing individual performance data, skill gaps, and market trends, the technology designs specific learning paths that help workers develop new abilities while meeting the company’s changing needs.
Download the new research eBook here.