AI in the HR industry is big business - With an estimated value of US$5.26 billion in 2023, going up to US$10.7 billion by 2028, the global artificial intelligence in the HR market is rising rapidly with a CAGR (compound annual growth rate) of 15.3%.
And Australian HR tech is keen to get a slice of this pie with Swag by Employment Hero and Martian Logic
Ben Thompson - founder of unicorn Employment Hero tells Anastasia Santoreneo of Forbes that
“The fusion of AI and HR not only boosts efficiency but also fosters a culture of innovation, where data-driven decision-making and human intuition intersect, shaping the future of work”
- how do you easily wrote job descriptions
- How to match candidates to ideal jobs
- Predicting a business hiring needs based on past performance and projections
- Getting the right person for the right role sooner
Martian Logic has been building tools for for HR teams to succeed on building teams, retaining employees and supporting managers doing this for years and its tech with the help of AI gets better and better!
“Hearing people say, ‘this has changed my life’, is what I love the most. It’s what kept me going through the harder times and what drives me today” (founder Anwar Khalil)
- how do you easily wrote job descriptions
- How to match candidates to ideal jobs
- Predicting a business hiring needs based on past performance and projections
- Getting the right person for the right role sooner
“Hearing people say, ‘this has changed my life’, is what I love the most. It’s what kept me going through the harder times and what drives me today” (founder Anwar Khalil)
Employment Hero has launched an AI hiring tool called Swag.
The new “superapp” leverages artificial intelligence to streamline the recruitment process. For example, it can use AI to produce first-draft job descriptions, predict a business’ future hiring needs, match eligible candidates with suitable roles and post jobs to job boards.
The Swag Career feature gives job seekers access to a free jobs board called Swag Jobs, where they can create a digital employment passport to view job ads. SMEs get free access to these applicants without posting or advertising costs, directly in competition with one of Employment Hero’s backers,SEEK. Businesses that work with Employment Hero – including those on its freemium tier – get Swag included.
Swag offers employees a loyalty card called instapay enabling employees to access their wages early - (up to $250 per week) to shop at certain stores - that will give them discounts .
Exciting times in the HR Tech and AI space methinks
Martian Logic https://martianlogic.com/
Swag and Employment Hero https://employmenthero.com/products/swag-employment-superapp/
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