Uses of AI in Recruitment Industry

AI also known as artificial intelligence will be the buzz word for the recruitment industry in the days to come. Doesn’t it seem little weird as how AI will be reshaping the recruitment industry? Today we are not merely talking about AI as a series of algorithms interpreting data of candidates rather reading the emotional quotient. Several recruitment software today are making use of AI in some form or another. Recruitment industry today is going through rapid changes and it will not be working to say that going forward AI in HR and Recruiting will be the most dominating factor.

 

Technology advancement in HR and Recruitment has just picked up and recruitment industry is calling for innovation. Hence, application of AI will only position a strong funnel for hiring. To support unbiased hiring or to focus on the human aspect, AI today is going to play a critical role in judging the most appropriate fit for any open position.

AI-Business-Benefits

AI - Powered Assistants or Chatbots

If experts are to be believed AI powered assistants also referred as Chatbots will be excess in usage in various functions of HR. They can significantly reduce the time to hire and increase the number of candidates who complete the application process. Automating tedious parts of the recruitment process such as sourcing, screening and scheduling with the usage of Chatbots or Powered Assistants. In other words AI promises to be the answer for many procedural hassles.

AI helps in Building Relationships with Candidates

If you believe in treating candidates like customers and looking for a long term relationship then AI is definitely the answer. Over a period of time one can build a proactive relationship with passive candidates that would reduce the hiring cycle creating a huge repository of hiring data. AI and machine learning elements can help is prioritising and scheduling calls with potential candidates while keeping them engaged. The aim of using AI in recruitment is to create better one on one relationship with candidates and look forward to them when opportunity comes.

Drafting a Perfect Job Post

A perfect job advertisement is actually the face of a company. It is from here a job seeker’s journey starts till he exits from your company. Hence, putting your best foot forward is essential while drafting the best possible ad. A high quality job post attracts more number of qualified and diverse candidates to apply. This helps in pooling a large number of qualified talents. AI plays a crucial role in drafting that particular Job Post which will attract large number of people to apply.  

 

Use AI to Filter Videos

Video interviews are common these days and have become an integral part of recruitment industry. It saves lot of time and cost for both the employee and employer. However, AI in recruitment is now taking things a little further. Today, AI provides intelligent hiring by keeping large repository of dynamic questions suitable to any responder. The responses later can be evaluated systematically using AI. Expert evaluation, recorded interviewing, video conferencing and voice and face recognition, all this can be managed through AI and machine learning.

AI Helps Eliminate Bias

All recruiters must be free from biased opinions. As a recruiter one must choose the best possible candidate without any prejudice. Sometimes our judgment is clouded by our own bias. To attain a bias free recruitment process one must adopt AI. Use data and predictive analytics to make that perfect prediction on a job seeker’s application. The analysis will state applicant’s likelihood to succeed in the role he is applying for. AI based match making maps applicant’s skill sets to that specific job post. It can assist a recruiter understand the psyche of a job seeker, whether he is looking for a long term career, whether he can adapt to company’s cultural requirements, what are his short term goals etc. AI algorithms calculate a matching score for every candidate.

Conclusion:

AI algorithms can look into multiple factors simultaneously and help companies hire the best fit candidate. AI platforms go much beyond than the standard and traditional key word match. It allows each company to see a different set of candidates considering multiple factors like the company’s hiring history and ideal candidates they would like to hire. AI helps in short listing and matching the available candidate pool, basis their public profiles across a range of things right from emotional quotient to online presence. AI helps in communicating in an effective and personalised way. AI platforms are best way to keep candidates engaged that can help send out automatic mass emails to identify their interests. What makes AI special is that it can send much personalised to messages to each candidate. To sum it up AI platforms can save at least 15-20 hours per week for each recruiter.

 

Ready to win? Let's Talk
Get the conversation started about your organization challenges & goals
Copyright © 2018 ACI-GBS. All Rights Reserved.