Artificial Intelligence (AI) has continued to gain more attention. It has impacted almost every industry. Recruitment is no exception. Human resources department now considers AI a powerful tool for the hiring process.
It is the most flexible solution for most business areas. AI gives more opportunities for process automation. This is especially for processes that don’t require much creativity and can be performed by machines.
The automation is possible because of the ability of AI to estimate available options quickly and analyse big data. This is also a way of discovering better strategies for hiring talents. Today, human resource managers recognize AI as the most useful solution in recruitment technology.
Artificial Intelligence in recruitment is designed to restructure or automate some recruitment functions such as high-volume and repetitive tasks.
- Benefits of AI in Recruitment
- Role of Artificial Intelligence (AI) in Recruitment
Benefits of AI in Recruitment
Using AI during the recruitment process has several benefits. These include
1) Saving recruitment time
Manual resume screening consumes a lot of time. This is especially worse when 80% of the received resumes are unqualified for a job position. Research estimates that resume screening and shortlisting takes about 23 hours for one hire.
2) Improved quality of hiring
AI has the ability to use data to standardize matching job requirements with a candidate’s skills, knowledge, and experience. This improves hiring quality.
3) Reduced biases
The technology prevents favouritism. AI to be specific screens candidates based on their qualifications, experience, and skills. This prevents any scope of bias.
4) Improved candidate assessment
Through AI, predictive analytics, you can identify future changing behaviours of a candidate. This information helps in assessing the fitting candidate. It also promotes the acquisition of the right talent.
Other AI benefits in Recruitment include:
- Reduced disruption in workflow
- Improved performance
- Reduced screening cost
- Faster recruitment process
- Reduced rate of turnover
- Can Reduce workload for hiring managers
Role of Artificial Intelligence (AI) in Recruitment
1) Posting Jobs
How a recruiter describes required qualifications determines the level of attracted talents. AI enables the software to create job listings that are compelling to attract talents.
It enables recruitment software to analyse the content of effective job postings. Then AI solutions enable recruiters to use the identified terminology and structure to feel vacant positions with talents.
2) Candidate Sourcing
Today, human resource managers are finding it challenging to attract qualified candidates. AI helps in solving this problem. It automates the sourcing process.
AI scraps resume databases to identify the right candidate for an open position. AI also improves the candidate experience. This is by providing real-time feedback as the recruitment process progresses. Through AI, recruiters are able to provide instant updates on the progress of the recruitment.
3) Resume Screening
AI through intelligent resume screening in the database. Artificial intelligent software’s allows learning of the best skills, experience, and other qualities from successful employees. It then applies this knowledge in screening candidates. This ensures that only the strongest candidates are ranked, graded, and shortlisted.
The software can also collect more data about a candidate from public data sources and public social media platforms.
4) Candidate Screening
Through automated resume screening, AI predicts candidates that would be best suitable for a certain role. This presents an opportunity for an unbiased assessment of candidates.
This has been a key issue in traditional recruitment. Recruiters have been accused of unconscious bias during the process. With AI, human bias is weeded out through data-driven and objective insights.
5) Reducing Hiring Time
Many recruiters believe that the manual hiring process is quite long. The bigger the business, the longer the process. More time is consumed in the screening of resumes, shortlisting candidates, and even interviewing them.
But with AI, these tasks are automated and done more efficiently. For instance, only a few minutes are spent during the screening process. AI helps in reducing repetitive tasks. As a result, recruiters are able to make quicker decisions reducing hiring time.
6) Candidate Rediscovery
Due to many profiles in the database, potential candidates are buried. This is bad especially in today’s market where companies are struggling in finding talents.
AI technology helps in screening the existing pool of candidates. This helps in identifying potential candidates who are fit for a given role. This can include candidates who were forgotten for years. Some companies have found talents in their own database through AI technologies.
7) Hiring Remote Employees
Today, hiring remote workers is inevitable. The problem is when the entire process takes place remotely. Thanks to AI, recruiters can successfully undertake the process.
For instance, a pre-employment assessment tool is used for assessing the skills and personality of a candidate and whether they fit an organization. During interviews, videos are considered effective alternatives. This makes the process of hiring remotely easier.
8) Diverse Hiring
Having a diverse workforce is beneficial for companies. Some of the benefits are; improved creativity and innovation. Improved retention, productivity, and happiness. Enhanced experiences and skills for the workforce.
Therefore, diverse hiring is important. AI-driven solutions help in recruiting a diverse workforce. This includes blind hiring, inclusive job adverts, and pre-employment assessments.
9) Internal Referrals
Today, companies have to strive to get top talents. A good way of doing this is through existing employees. Referrals are usually more engaged, committed, and productive. AI is helping companies to proactively identify passive talents in the workforce. It then helps in the automatic engagement of the right employee to refer.
10) Candidate Interviews
AI automates the scheduling of interviews and engagement of candidates. This enables candidates to participate in video interviews. This can be done through computers or smartphones.
The interviews are conducted with pre-set questions. AI solutions analyses voice and facial expressions to assess personality traits. Several companies are already using this strategy. Through AI technologies, recruiters can assess skills, confidence, experience, and focus of a candidate.
Use of artificial intelligence is increasingly being witnessed across industries. The HR department is also taking advantage of this technology. In fact, research suggests most human resource jobs. This means that more time will be freed for other beneficial tasks.
AI makes recruitment quicker and easier. It enhances the process by taking over repetitive tasks. Through the listed roles, AI makes HR’s role in the hiring process very easy. A lot of time is saved. Also, the quality of the hiring process is also raised.
Some people are afraid of this technology. But AI applications continues to receive more attention. If you are yet to consider this technology, this might be a good time. After all, AI is here to stay.