Talent acquisition (TA) technology is a complex landscape that continues to evolve at a rapid pace. According to industry analysts at Aptitude Research, 73% of companies have increased their TA tech investments in 2022, and 70% say they will continue to do so even during a recession.
A desire for efficiency in hiring has driven employers to focus on improving sourcing, onboarding, and assessments over the past several years, but quality of hire is playing a primary role today. The focus on quality pushes companies to better understand who is the best fit at the best cost and where to focus their TA effort. Such demand for intelligence fuels new investment in technology and a hunger for data, even as some organizations remain unsure of the returns on their technology.
