Generative AI can make HR more ‘human,’ not less–Bain & Company | PR Newswire [Video]

Companies can save an average of 15-20% in HR labor time through AI automation and augmentation

, /PRNewswire/ — The transformative impact of generative AI on the HR profession could lead to a more human touch, in addition to lower costs, according to a new study by global consultancy Bain & Company.

The study suggests that selecting the right roles for automation and AI interventions could, on average, save around 15-20% in HR labor time. According to Bain’s Generative AI Workforce Impact Explorer tool, HR business partners could save up to 15% of employee time through AI; talent acquisition teams can save up to 20%; and HR operations teams up to 35%.

“HR is at a critical juncture. The function is under pressure to become both more cost efficient and more strategic. That is a challenging balance to strike,” said John Hazan, a partner at Bain & Company and global head of the firm’s Talent solution. “Generative AI has …