Artificial Intelligence has been on everyone’s lips, especially after the release of ChatGPT. Businesses have been using AI for creating content, an ISP – Kinetic Windstream uses AI in customer support, and clothing brands use it for virtual trials.
But does AI in the process of HR and recruitment sound a little off the chain?
Well, no, not at all. It has already been high-yielding for the tedious recruitment process.
We talked with multiple recruiters and HR managers. According to them, the process of hiring the right talent neither looks simple nor is. From posting a job opening to multiple platforms, collecting resumes keeping up with the latest CV trends, and assessing candidates’ skills is part of the process.
It takes tons of person-hours to shine brighter than competitors and hire the relevant talent before they do. But… Here’s the thing AI is working like an elite resource in making recruitment processes efficient, cost-effective, and biasless.
How exactly does AI help recruiters? We’ll dive right into it but let’s first understand what artificial intelligence is in recruitment.
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AI in Recruitment: Explained
AI in recruitment is the use of AI-based systems to enhance the overall process of hiring. This application of AI is fantastic as it helps HRs become efficient, and make better decisions based on AI-processed data, eliminates recruitment bias, improves the quality of hires, and more.
How AI Helps in Talent Acquisition?
Through leveraging AI, recruiters can simplify the intricate process of hiring. AI can take the responsibility of the repetitive tasks leaving HR managers to focus on the stuff that matters.
Keep on reading to get the answer to ‘How AI can help in talent acquisition?’:
Eliminate any bias in the recruitment
Humans are emotional beings and can have some sort of subjectivity when it comes to making decisions. It can be good looks or emotional connection from a town the candidate is from, whatever it is, it can lead to reduced quality of hires.
Speaking of which, according to the statistics about half of the HRs accept that they sometimes get biased in their subconscious.
Mediocre hires can hinder the values of an organization and can later lead to the loss of revenue in the long run. Enters AI, which can eliminate any bias from the process of recruitment since it cannot feel emotions.
AI will only shortlist the candidates when they fall under the eligibility criteria you have provided it with. From getting the right candidates to assessing their skills, AI is capable of working this out without subjectivity.
Boost process efficiency
As mentioned earlier, hiring the right talent is an uphill battle for HR managers. There are tons of minor repetitive tasks that take a big chunk of time to be completed manually. Curating content for the job posting, publishing it on LinkedIn, shortlisting candidates, and whatnot. These small but big number of tasks take about 30 person-hours a week to be completed. That’s a big number causing low productivity.
While humans can think critically, AI can be done with these tasks in a matter of minutes.
The intelligent algorithms can crawl through the web to present you with the right set of candidates with matched skills according to your job. When you have the right set of candidates, then again AI can rescue you when it comes to saving time as it can assess candidates through virtual tests while leaving just the perfect for the job.
Through this AI-based recruitment, you can get the highest quality of candidates with a lot of time which you can consume for strategies.
Make the experience elite for the candidates
For an organization, its people are one of the major factors in its success and growth. If your recruitment process is tiring for candidates, they’ll not only decline your offer but, in the future, you might not have enough candidates for the job because of the bad name caused by a terrible recruiting process.
Having said that, 60% of the candidates decline offers because of a poor experience in the process.
As an HR manager, you might not want this for your organization. So, yet again AI can help.
These AI-based HR systems can not only boost the efficiency of the recruitment process but also make the experience best for the candidates. They can get results within a day or two, get themselves evaluated remotely in the comfort of their home, and more. And you can have a big pool of people to choose just the best ones for your company.
Summing Up
Most people think of AI as the job eater in the market but that’s not the case. Not only it can create more jobs but simplifies the job hiring process for humans. From smartly connecting the resumes of the right candidates to automating the job posting process, it can help us.
Rather than being pessimistic about the potential threats of AI, we see it optimistically as a virtual assistant that makes our work easy and more efficient every day.
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