Technology innovation has brought about AI-powered software, which continues to rapidly transform global operations. Almost all industries trying to keep up with technological advancement trends have seen positive changes with AI-powered tools. For instance, artificial intelligence in the recruitment process has made it easy for employers to streamline recruitment processes and find the best talent in the job market. Furthermore, AI-powered recruiting minimizes discriminatory hiring, giving all applicants equal opportunities regardless of race, religion, age, gender, etc.
So, are you considering including AI-powered software in your company’s recruitment structure? Well, you first need to fully understand what AI-powered software is and what it features. Fortunately, we take you through these and more. As a result, you will be able to understand how AI is transforming the hiring process and hopefully implement it in your business for increased growth.
Artificial intelligence in recruitment means using AI-powered software in talent acquisition. In this procedure, machine learning shortlists the ideal candidates and streamlines the entire recruitment process. This technology in recruitment is meant to automate recruitment workflow, especially high volume, and repetitive tasks. Note that AI in recruitment statistics indicates that over 90% of employers using these tools have successfully placed candidates, whether on-premise or remotely. While we would say that artificial intelligence is the latest trend in recruitment, the system isn’t going anywhere anytime soon.
The impact of AI on talent acquisition goes beyond fast hiring procedures and unbiased hiring. Below, we list other importance of AI in recruitment so that you can easily decide whether it is worth implementing in your business.
A single job post can generate hundreds of resumes, which you need to screen and shortlist the best candidates for interviews. Using artificial intelligence within the recruitment and hiring process simplifies resume screening, and you get to complete the procedure fast. Such tools use algorithms to identify specific keywords in job applicants’ resumes, making it easier for hiring professionals to shortlist eligible candidates for interviews. In addition, since more of the AI-powered tools can be integrated with companies’ ATS, you can identify suitable talent based on their skills.
Candidate engagement in recruitment is crucial as it allows the best candidates to keep up with the procedure and consider your job offers. For instance, you can use chatbots to ask in-depth questions and analyze candidates’ answers. In addition, there are other applications of AI, such as the NLP, that gather data and help you throughout the recruitment process. Most importantly, candidates get engaged through notification regarding any developments.
The impact of AI on recruitment not only streamlines candidate screening but also helps in candidate evaluation. Through pre-screening tests, you can easily avoid biased hiring since the software focuses on personalities and the ability to get jobs done. The best element about using this tool in candidate evaluation is that hiring teams get insights into the best practices during interviews.
AI technology has helped many businesses hire workers remotely without the need for one-on-one interviews. Such tools assist with video conferencing, thus saving time and helping recruiters or hiring professionals to reach a wider audience. Moreover, you get to attract passive candidates through this hiring method, increasing your chances of hiring the best in the market. On top of that, it is easy to detect imposters through body language such as head poses, facial features, etc.
Artificial intelligence applications are also tailored to help recruiters or hiring professionals test candidates’ personalities and skills. It features short questions and games that engage the candidates and learn their approach in various scenarios. You can also learn about their emotional traits, including agreeableness, openness to new experiences, extroversion, etc. With this in place, it’s easier for you to predict how a candidate will perform at work and whether they will fit into your company’s culture.
One of the most straightforward applications of artificial intelligence is to post improved job ads and attract the right audience to apply. In addition, AI analyzes candidates’ browsing history for better decision making. For instance, hiring professionals can track candidates’ googling history and whether they are more interested in your company. Job seekers can also see your job ads when looking for open positions. The best element about AI systems of data management processing is that it allows users to set objectives and consider candidates who meet them.
The use of chatbots in recruitment can add information to resumes and communicate with job applicants. The chatbots answer basic questions and analyze their responses using the Natural Language Processing (NLP) feature. This helps you understand candidates’ skills and decide whether they are suitable for open positions.
It’s a no-brainer that there are inefficiencies in the hiring process, but with artificial intelligence in recruitment process, we can weed out these efficiencies. As a result, you will find the best talent that matches your job description. The AI algorithm in hiring process helps professionals source talent efficiently and fast. However, note that there is plenty of AI-powered software today. The best ones meet your business and hiring needs, meaning that you must conduct extensive research before committing to one. All in all, artificial intelligence is transforming recruitment processes in 2022, and we highly recommend it to any business.