A survey made by LinkedIn in 2018 showed that businesses find the use of AI a faster and more effective way of hiring quality candidates.
The trend has grown exponentially over time, where hiring professionals prefer AI-recruiting software and tools to carry forward the selection process of applicants for a vacant job post.
The most general form of such talent acquisition products noticed nowadays is the use of conversational chatbots. These bots offer suggestive information to the interested candidate and bring them on board.
Additionally, the screening process, interview, scheduling meetings, and a lot more can be regulated with specialized recruiting technology.
In this article, we will be discussing how hiring quality talent is made faster and easy with AI. And how it can be implemented in the most productive way.
The application of machine learning and artificial intelligence to automate and streamline the recruitment process of potential job seekers is made seamlessly through AI recruiting software.
HR managers often find it difficult to shortlist suitable profiles among the bulk of job applications they receive. Moreover, the post-screening procedure levels up the task burden.
The specialized software integrated with the ATS enables the employer to perform high-volume cores by reducing repetitive tasks, automating screening, and developing insights for appropriate matches of the role.
According to the 2018 Global Recruiting Trends report,
The above data suggest that the technology-driven hiring approach to recruitment can be a real boon to the process.
Let’s have a look at the solutions AI recruitment software offers in various domains of hiring.
HR professionals go through a lot of struggle while sourcing candidates, even if it is just for a single job role. The confession comes directly from the people of the industry.
The time spent amounts to one-third of their workweek!
To lessen the workload and maximize the pace of recruitment initiation, an AI-based approach is considered by most of the talent acquisition teams.
AI tools with integrated ATS scan relatable profiles having required skillsets and experiences with the help of designated keywords and algorithms.
Smart software solutions provide automated screening procedures. The AI tool screen the resumes of the candidates based on the information and requirements fed by the recruiter into the system.
The user can feed data regarding tenure, education, past job performance, turnover rate, etc to filter out the most suitable applicant from the bulk.
Some extra details of the employees can also be fetched as AI software offer automated scanning of the public data of their previous company and their social media profiles.
“Olivia” by Paradox is one such efficient software for the task.
Establishing communication between the employer and the candidate is crucial to better understanding the requirements of the job and analyzing the skills acquired by the job seeker.
Chatbots ensure real-time interactions with the potential suitor and provide personalized solutions to the queries raised. IBM chatbots are some of the busiest ones that answer 700 questions a day.
These chatbots can be configured and customized according to the job requirements and thus offer a dynamic interactive environment to the hirer as well as the applier.
Interviews have traditionally been a human-based task. Though, with technological advancements such as interview management tools and the introduction of machine learning into real-life situations, interviewing too is experiencing a revolutionizing phase.
Recruiters are shifting to digitized interviews where AI software makes assessments of the candidates by analyzing their responses on various metrics.
In the present scenario, studying the answering patterns, raising counter questions, observing expressions, and judging the relatability of the candidate for the job post can be automated through artificial intelligence.
Hiring a candidate for a vacant role was looked after as a mundane task and time-consuming activity until AI-recruiting software came into the picture. Here’s how!
Deloitte’s Global Human Capital Trends survey made in the year 2019 on the recruiter's take on hiring talents revealed that 61% of them found it challenging to get well-qualified hires.
Contrarily, most professionals (About 80% of them) suggest the use of AI technology as a true help in increasing productivity and performance in the recruitment process.
The quote by Colin gives a picture of how human-led technology can transform the present working scene of the industry.
“Technology and Humans should find ways to work together as we head towards the future.” AI recruiting software is the future of hiring, as believed by many industrial executives.
As justified in the article, it proposes a strategic and organized approach at every recruiting stage and maximizes the performance to provide a faster-paced hiring solution.
Happy Hiring with AI!!
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