Workday jumps into talent intelligence with new AI career growth tool
Author: Dawn Kawamoto
Workday this week became the latest HR tech company to join the rapidly growing talent intelligence market when it unveiled its generative AI tool Growth Plans, aimed at helping leadership assess employee skills and arm employees with resources on career development. It’s a move that comes as HR leaders seek to strengthen retention amid historically low unemployment rates.
Employer interest in AI-based, skills-based learning experience management (LXM) solutions is also driven by the rise of skills-based hiring. In the past six years, more employers have moved to this model, versus using college degree requirements, in part to expand the pool of diverse job candidates who may not have attended college.
“IDC’s data shows that currently, around 70% of employers are actively exploring skills-based, AI-driven systems, even if they do not yet know where to begin or what they are ready to embrace,” says Zachary Chertok, research manager for employee experience at IDC and an HRE Top 100 HR Tech Influencer.