Artificial intelligence is rapidly emerging as a critical technology for organizations and is now widely accessible to HR functions, both large and small. HR functions today do not need data scientists to start using AI—many HR technologies already have it embedded as part of their core functionalities.

As HR leaders work to make the case for investments in AI and early adopters look to assess its impact, many want to know what kind of return on investment they can reasonably expect and how it might compare to other HR functions.

To learn more about the ROI of AI in HR, we carried out survey research with 600 HR leaders and qualitative interviews with 20, all of whom are at least piloting AI-driven tools and technology for HR. A quarter of respondents (25%) are in this phase, while 40% said they are implementing AI, 25% are actively operating it and 10% are optimizing its use (the highest level of maturity).

Drawing from our findings, we share key insights about the ROI of AI for HR, provide guidance for how you can maximize ROI and reflect on the importance of storytelling for your ability to make a strong business case for AI in HR.

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Source : https://hrexecutive.com/whats-the-roi-of-ai-in-hr/