AI for Talent Management

2023. Workday unveils new HR-focused generative AI features



Workday, the enterprise management platform vendor, has unveiled a set of new generative AI features designed to enhance productivity and simplify business operations. Among the upcoming capabilities is the ability for Workday users to automatically compare signed contracts with those in the system, identifying inconsistencies. Additionally, the platform will enable the creation of personalized knowledge management articles and generate statements of work for service procurement. While most of these additions appear beneficial or at least benign, one feature raises concerns for this reporter: the AI-generated employee work plans. This tool will empower managers to swiftly compile summaries of employees' strengths and areas for improvement, drawing from various stored data sources such as performance reviews, employee feedback, contribution goals, skills, and employee sentiment, among others.


2023. Erudit raises $10M to monitor workplaces for ‘misalignment’



Erudit, a platform utilizing artificial intelligence to monitor workforce metrics such as turnover risk and burnout rate, has successfully secured $10 million in a Series A funding round. Similar to other workplace-surveillance tools, Erudit seamlessly integrates with existing company applications like Slack, Microsoft Teams, and Zoom to gauge the overall pulse of the organization. Employing AI algorithms, Erudit analyzes the gathered data and generates scores across key metrics like "alignment," "autonomy," "engagement," and "satisfaction." The platform asserts its use of AI models "trained by psychologists" to discern and categorize the sentiment of employee chat messages. A demonstration on the company's website showcases the model's ability to identify specific trigger phrases such as "I’m so stressed," "I can’t handle it anymore," and "I’m looking at other jobs."

2021. Turing books $87M to help source, hire and manage engineers remotely



Turing, a company that leverages AI to remotely source, assess, recruit, onboard, and manage engineers, including HR and compliance aspects, through its comprehensive "Talent Cloud" platform, has successfully raised $87 million in Series D funding. Turing's future plans involve expanding into related domains such as project management, laying the foundation for a forthcoming product that enables companies to engage complete teams on the Turing platform, rather than managing individual team members separately.


2021. Gloat raises $57M to reinvent the internal job board



Gloat, a company that has developed an AI-powered platform for internal job boards within organizations, has secured $57 million in funding. The funding will be utilized to support business development efforts and enhance Gloat's platform with additional features. One of the key areas of focus will be expanding the platform's capabilities to encompass contractor positions and facilitate opportunities for secondments at other businesses. Gloat also aims to extend its reach to include front-line positions, in addition to the current optimization for knowledge worker roles. The overarching goal is to enhance career agility for individuals embedded within organizations, enabling them to explore internal opportunities alongside external options and fostering a sense of value within the organization.


2019. Polarity raises $8.1M for its AI software that constantly analyzes employee screens



Polarity, a service dedicated to continuous analysis of everything displayed on your PC screen, has recently concluded an $8.1 million funding round. This startup offers computer vision software that utilizes character recognition to examine the content on a user's screen. Its functionality proves beneficial for enterprise teams who can import resources such as a company Rolodex, ensuring that bios are always just a click away. However, the true value lies in the ability for teams to collectively flag items of interest, such as suspicious IP addresses. This enables entire teams to stay informed about new threats and issues simultaneously, eliminating the need for constant communication among coworkers. Notably, Polarity's current product primarily caters to analysts and security teams, emphasizing their specific needs and requirements.