AI is revolutionizing hiring and retention amid labor shortages. Generative AI reduces new hire demand by enhancing productivity in areas like customer service and project management. Predictive analytics help manage workforce, with Xerox reducing staff attrition by 20% using AI. AI tools streamline recruitment, automating job descriptions and candidate acquisition. AI also improves employee retention by predicting turnover and personalizing work experiences. As AI reshapes talent acquisition and management, ethical considerations must be balanced with efficiency and innovation.
