The COVID-19 pandemic has transformed how we work and how companies hire talent. Talent acquisition has always been a complex and time-consuming process with many obstacles.
The HR departments of major companies have always struggled to find, hire, and retain top talent. This isn’t new, and the pandemic has worsened these long-standing problems due to remote work, people reconsidering their personal life choices, and the “great resignation” phenomenon.
However, there is good news for HR teams, as AI technology has been increasingly used to improve talent acquisition and other HR processes. You may not be aware, but even before the pandemic hit and took its toll—talent marketplace vendors have been experimenting with AI and developed “smart” deep-learning platforms to support their recruitment processes.
Today, AI is increasingly used for employee sourcing, screening, and hiring. In fact, 43% of human resources professionals leverage AI in their hiring processes.
HR managers are increasingly using AI to locate and evaluate candidates, hold interviews, and assess skills that match the company’s requirements. This has saved time, fewer errors, accurate hires, and better use of resources. AI is also used in employee management activities such as performance monitoring and recognition systems.
In this article, we will examine how AI is changing the recruitment process.
What is AI for recruitment?
AI can help find and evaluate potential candidates, assess their suitability, predict their success in a particular role, and provide insights into whether they fit the company culture. Furthermore, recruiters can use AI to save time and effort, save resources, improve candidate matches, and reduce biases.
How to leverage AI for talent acquisitions
Below is how AI can benefit the recruitment process.
Job descriptions and postings
AI technology can help by reviewing the job description and suggesting alternative language choices assisting recruiters to improve the reach and effectiveness of their job postings.
For example, if a recruiter prepares a job description for accountants, they may unintentionally use language biased towards male applicants. However, with AI, recruiters don’t need to sweat over this issue.
AI can also help recruiters generate five times faster job postings. According to CareerBuilder, the company claims its AI technology evaluates each vacancy post and awards a candidate appeal score, which allows recruiters to comprehend how successful the post will attract potential applicants. The company claimed that by using its AI, companies were able to increase their job applications by 175%.
Al-powered interview platforms enable recruiters to interview candidates before meeting them in person using video calls and text-based communication. These tools can also assess each candidate’s tone, emotional state, demeanor, and even personality by analyzing their voice and facial expressions. The conversations are recorded and analyzed using machine learning algorithms to determine the most suitable candidates for the next round of interviews.
By merging this information with the candidate’s response content, recruiters can better understand the individual’s personality and suitability for the position.
Job offers and onboarding
AI-based tools can aid HR teams in achieving this objective by enabling them to create a personalized onboarding experience for each new employee. Additionally, these tools can introduce new recruits to the organization’s corporate culture and values, which may help the new hires feel more connected to the company.
Reducing bias and promoting inclusivity
Companies utilize AI-based solutions to remove human bias from hiring and objectively evaluate candidates. With AI algorithms, companies can eliminate discrimination related to race, gender, ethnicity, religion, accent, or background. With AI, candidates can be confident that their resume won’t be rejected due to a type.
Likewise, don’t expect your resume to be considered over others because it has a nice layout. All these promote diversity and inclusivity, which is imperative to create an innovative and representative workforce.