Setting The Stage for Innovation: Leveraging Technology for Recruitment and Talent Acquisition in Financial Sector

Abstract

For the financial industry to survive, both talent acquisition and retention are essential. The fact that more people concur that financial sectors should use the newest technologies to hire talent is evidence of this realization. Managing talent after recruiting has an impact on the role in talent management in addition to talent acquisition. The study was conducted in Prayagraj district, Uttar Pradesh. Financial firms of Prayagraj district were undertaken for the study. Public banks: Bank of Baroda, State Bank of India and United Bank of India were undertaken for the study. Most respondents from both groups stated that financial sectors use cutting-edge technologies in financial industry administration and recruitment. The study's findings showed that senior officials and human resource experts had the same opinions on the potential for innovation in hiring and managing talent in the financial sectors.