Artificial intelligence is one of the technologies that’s getting more and more attention every year. Intelligent and self-learning programs are being used for developing software and many other areas of IT. Although AI is still far from human cognitive abilities, many intelligent apps now learn and make difficult and intelligent decisions.
Process automation is possible due to AI’s ability to analyze large volumes of data and quickly evaluate available options. AI technologies are being widely used in IT as well as in marketing and development.
It’s not a surprise that some companies are using (and others are learning to use) artificial intelligence solutions in recruitment. Companies are using AI to automate the recruiting process and to discover new ways of hiring talent.
What is AI for Recruitment?
While AI has been in the talks for a long now, the role of AI in recruitment is still new for many companies. AI is the latest trend in the recruitment industry, and it’s certainly something that you shouldn’t shy away from.
AI allows recruiters to complete unified profiles from large unstructured data sets, matching skill sets required for a specific job with the candidates’ job profiles.
There are many other examples of the use of artificial intelligence in recruitment. To provide you with a picture: AI can help with sourcing, pre-selection, and onboarding parts of your hiring task. Let’s see a few examples of how AI can benefit recruiters.
How Recruiters Can Use AI Technology In Recruitment
1. Select the Suitable Candidates:
While hiring, the HR department is responsible for selecting candidates from a vast pool of applicants. With artificial intelligence, this whole process can be automatically divided into different stages.
This way, recruiters can gather more data on each candidate and evaluate them more effectively. You can find several AI-based solutions available to help assess candidate skills and experience using specific algorithms.
2. Save Time:
Time is a valuable resource in every organization, and the recruiting industry is no exception. Artificial intelligence can provide various ways to estimate candidates’ skills.
An AI-based solution will only take a few seconds to analyze large volumes of data and provide understandable results ready to be considered by decision-makers. Here, AI can save not only precious time but also money and other resources.
3. Unbiased Decisions:
It is safe to say that human intervention can have a particular share of conscious or unconscious bias. And such biased choices can cause problems for any organization. AI recruitment solutions can remove this element and allow recruiters to hire deserving candidates based on skill and experience without any discrimination.
Candidates can also filter their jobs based on aggregated data points like location, salary package, etc.,
Challenges of Applying AI in Recruitment
Although integrating AI can make the recruitment process more straightforward, applying artificial intelligence in recruitment can be difficult. Some of the challenges that you may face if you fail to use the right AI-based solution for job recruitment are:
1. Insufficient Data:
AI requires a lot of data to learn how to use human intelligence correctly. You will need to collect all the data to teach the algorithm to act expectedly. It is possible that if you don’t use the right technology, AI might misinterpret the information it has received, and the outcome may be unwarranted.
2. Fear of Change:
Many companies fear that the adoption and implementation of AI can mess up their existing recruitment process. This can be avoided if the right technology is integrated cautiously following a step-by-step process.
3. Concern of Reliability:
The majority of the AI-based solutions for recruitment are still in their development stage. They are still undergoing a data learning curve and may have several inconsistencies and faults. As we know, sometimes the data available to train algorithms can be insufficient for the technology to recognize patterns and deliver conclusions.
Therefore, it is important for recruiters to choose the right tool for easing the recruitment process. Recruiters must pick a tool that uses reliable data from a myriad of unstructured data sources and trains AI algorithms to build a process flow.
By integrating artificial intelligence into the recruitment process, companies can profit heavily from automation, they can save time and resources, and repurpose their employees to work on more skilled tasks.
So, if you have not integrated artificial intelligence in your organization, this might be an excellent time to consider it. You can start looking at different AI-based tools to optimize your recruitment selection process.