Currently, one of the biggest challenges that the Human Resource managers face is meeting the needs and demands of the new world economy. The mission of the HR recruitment process is to adopt the latest technological breakthrough with the help of artificial intelligence in the recruitment process.
The challenges that the global economy is facing can be achieved by realizing the open opportunities and addressing the challenges that the HR is facing in regard to recruitment. The breakthrough in these challenges can be achieved through the creation of an AI software that can help to streamline the recruitment process. The AI recruitment software will help the HR managers, employers and recruiters in general from recruitment tasks that are geared more for high scale computerized recruitment.
The AI recruitment software will help the recruiters get more suitable candidates. Besides that, the AI is likely to help millions of job seekers and employers achieve their employment goals in an efficient manner.
The following are the 11 ways through which the AI is changing the recruitment process.
1. Quick and Easy Meeting Schedules
The AI automated appointment will help the HR to easily and quickly schedule an appointment with a prospective candidate. The AI software will help you schedule a meeting by looking at your calendar, ask you questions and depending on your answer give you viable meeting options.
However, according to Przemek Berendt, VP of Global Marketing at Luxoft, “the human element won’t disappear entirely from recruiting. Meeting with candidates to give them a good feel for your company culture will remain vital.” The good thing about AI recruitment is that it will give you more time to focus on more important things about the candidate such as character and experience.
2. Cutting the Hiring Time
Whenever a company announces a job vacancy, the HR receives numerous applications. If the HR was to check the CVs one by one, it will take a lot of time. This is where AI comes in handy. With the help of the CV scanner, the HR can scan all the CVs within a short time and get the right candidate for the job.
With the AI software, the process of recruitment can take a few hours or days maximum. This means that the hiring time is greatly reduced and the right match for the job will be selected.
3. Natural Language Processing
By the way a person talks, you can tell a lot about them. Similarly, the AI has a software that you can use to analyze the candidate’s language mastery.
Przemek Berendt explains that “There is software out there that use natural language processing to check the fluency of the speech, the pronunciation, the vocabulary and even the progression of ideas,”
The software is very helpful when tasting a candidate’s native language ability. The candidate is allowed to talk to the machine which then performs an analysis and informs the HR how trustworthy or the kind of a person the candidate is. This AI software is ideal for companies that require a lot of talking like sales.
4. Avoiding Biasness
According to a study that was conducted on hiring college graduates, biasness is the greatest problem in recruitment. Most HR managers want to hire candidates who remind them of themselves. From this survey, it was found that 37% of HR managers who had graduated from top-ranking colleges said they prefer to hire prospective candidates from high ranking colleges.
AI recruitment can help remove biasness from the recruitment process. The AI chooses only best-suited candidates and not based on the HR’s preference.
5. CV Screening
Today, many big companies are using the CV screening to find the right job candidates and remove those who are not qualified. The screening process is done by comparing the CV of the applicant with current qualified employees. This way, the HR can easily, efficiently and quickly get the right candidate for the job.
6. Better Decision Making
The recruitment process touches all sectors of an organization. When the HR uses the AI in the recruitment process, it eliminates any risk of operations by providing the HR with more information about the candidate hence decision making is easy.
There are different AI applications that can be used differently during the recruitment process. For instance, X.ai for scheduling meetings and ClearFit for filtering candidates. These apps help the HR to gather data about the candidate and make the right decision.
7. Improved Communication Between Candidates And Employers
The use of AI during the recruitment process can improve the communication between the HR and the candidate. According to the 2017 Talent Board North American Candidate Experience Research Report, the AI has 9.8 out of 10 chances of improving communication. This can be achieved through the software providing the candidate with all the updates about the company. At the same time, the AI will provide the candidate with answers to any questions the candidate might ask.
According to this report, when the candidate has a good communication with the HR, the company will benefit by up to 74% because of the good relationship.
8. Leveraging of Data
Every time a company advertises a job vacancy, a lot of applications are received. However, most of the time the personal data of the applicants is not captured. When the company has another job opening, the process repeats itself. Whenever the HR has to start from scratch to fill a vacant post in the company, a lot of time is wasted.
There is where AI comes in handy. There are different AI applications that are available nowadays which help the problem of losing data of the applicants. Wade and Wendy, for instance, help the HR to know the applicant’s first interaction with the company. With AI, it will help leverage the data and know whether the candidate is qualified for the post or not.
9. Easy Onboarding of New Employees
Whenever a company gets new recruits, the AI can help their new work experience easy. The AI will provide new employees with relevant information about the company. The AI contains all the information about the company and so the new employee can get help instead of asking the HR.
According to Talla, an AI developing firm, “an organization needs to provide tools that support new hires throughout the onboarding process”. This lets HR managers free time for “connecting with a new hire in more meaningful ways”.
10. Skills Test
As stated above, the AI can be used to test the language ability of a candidate. However, this is not the only skill that can be tested with AI software. According to Chris Nicholson, co-founder, and CEO of Skymind, an AI firm, “There are companies out there that provide neuroscience games. It can figure out a number of emotional and cognitive traits that the candidate has.”
Some of the skills that can be tested using games are problem-solving skills, risk-taking among others. “How quickly are you processing the information? Are you recognizing patterns? Do you have a good working memory? Can you plan your activities properly?” Chris asks. “By understanding that, we can place the candidate in a better role, or disqualify them from the process.”
11. Video Interview
Interviews take a lot of time. However, this is about to change. With the help of AI, a machine can take a candidate through an interview by asking pre-programmed questions on camera.
The machine will select some of the top candidates who will later meet with the HR for a face to face interview. There are some companies like HireVue, which uses the machine AI to analyze a candidate’s body language, stress level, and voice tone.
In conclusion, therefore, nowadays AI is used in many industries such as transport, education, healthcare, and finance to mention just but a few. Whether we realize it or not, AI is impacting our work lives in one way or the other. For many people, the AI is helping make their jobs more efficient and easier.
In a similar manner, AI has a crucial place in HR recruitment. It will help reduce biases, improve the employee-employer relationship, increase efficiency in candidate assessment, increase adoption of diverse technologies and so much more.
The HR can use the AI technology to add value to the company in different aspects. AI plays a significant role not only in the recruitment process but also in the new employee coaching among other services.
Currently, the two areas where AI is most effective in the recruitment process is talent acquisition and recruitment. More and more AI companies are likely to come up with more application of AI in a different recruitment process. According to Jeanne Meister, an AI blogger, “Currently, these AI-based solutions for HR and Workforce are more like analytical products driven by data and powered by next-generation People Analytics.”