Applications of Artificial Intelligence: AI for Recruiting

AI for Recruiting

Applications of Artificial Intelligence: AI for Recruiting

Learn how HR professionals use AI for recruiting to reduce time-consuming tasks and focus on connections and relationships.

One of the most trending topics in HR these days is AI recruitment. The term explains an emerging technology that has the goal to reduce time-consuming, repetitive tasks. These tasks might include candidate sourcing, screening resumes, and hiring employees.

In recent years, there has been an increasing demand by companies for volume recruitment, while at the same time, recruiting teams stay the same size or are decreasing. This sparked the need for an effective tool that helps the HR department to automate their recruiting activities.

Recruiters accept the AI recruitment solutions with arms wide open. According to a survey by Jobvite, roughly 50% of recruiters feel positive about the AI trend, while only 7% believe that AI will have negative consequences on the recruiting process.

How is AI Transforming The Recruiting Process?

Although there are misconceptions, AI will not take the human factor out of recruiting, but instead, it will enhance it. With the help of recruiting AI software, recruiters will spend less time on monotonous activities such as interviews and rejections, and more time on building relationships with candidates. The end goal is to use AI as a tool for achieving a more efficient recruiting funnel and hiring a more high-quality pool of talent.

Apart from a more human experience for candidates, AI recruitment will also improve diversity and inclusion across organizations. There are many AI software tools available that can efficiently remove unconscious bias from job ads and detect indications for diversity. There is little doubt that the impact of AI on the recruitment industry will be profound.  

AI for Workplace Diversity

Many companies worldwide have started embracing diversity. Although a longer-term strategy that requires hard work, hiring a diverse workforce comes with multiple benefits. From innovation and creativity to increased employee performance, diversity at the workplace is a game-changer for any company’s global reputation.

AI helps recruiters identify potentially biased language in job ads. With the help of many AI software, now companies can remove bias from their job descriptions, resume screening, and sourcing.

AI-driven tools including recruitment software or chatbots can be programmed to eliminate age, gender, and other elements like race from the recruitment process. This, in turn, can lead to a wider and more diversified talent pool.

So if you’re unsure whether your job ads sound feminine or masculine, you can use AI software to create a gender-neutral job posting and hire the best talent.

AI for Candidate Sourcing

Quality of hire has become recruiters’ top priority. AI helps with candidate sourcing by using data to standardize the matching between candidates’ experience, knowledge, and skills, with the requirements of the job. These AI tools can help recruiters save 23 hours per hire, and reduce their cost per screen by 75%. For the company, this means a 35% decrease in turnover, a 20% increase in performance, and a 4% increase in revenue per employee.

Apart from finding better candidates, recruiters can conduct more focused interviews and make data-driven hiring decisions. AI software comes in handy for designing a winning recruiting process, delivering a stellar experience for candidates, and tracking insightful metrics over time.

AI software like Arya and Ideal can automatically bring the qualified, interested talent directly into your candidate pipeline. They can take care of the timely processes so that recruiters can focus on what candidates need: connection and relationships.

AI for Candidate Screening

Screening resumes is the most time-consuming task according to recruiters. Nearly 52% of recruiters say that the hardest part of recruitment is recognizing the ideal candidate from a large pool of talents.

This is when AI comes to save recruiters from going through piles of resumes and allowing them to focus on other priorities. AI recruitment tools can instantly grade and shortlist qualified candidates. The recruiters can then set up interviews with these selected candidates using an auto-dialer, auto-texter, or auto-emailer.

There are AI recruitment tools in the form of video interview technology that use algorithms to analyze candidates’ emotions, word choices, and personality traits to help recruiters assess whether they’d be a good fit for the job.

In a nutshell, instead of being preoccupied with repetitive tasks, recruiters can engage with candidates, assess their ability to fit into a role, and avoid losing the best talent to faster-moving competitors.

Will AI Replace Recruiters?

Similar to how AI is changing the marketing and sales departments, human resources is being transformed in the same way. The emerging AI technology is getting so much popularity due to its ability to automate monotonous tasks that consume recruiters’ time and attention.

Due to Hollywood’s wildly unrealistic picture of AI, many people believe that AI will replace recruiters, instead of enhancing human capabilities. Although AI is already replacing recruiters with candidate sourcing and screening, it can never be a replacement for people whose jobs require social skills and empathy.

Continually innovating and advancing, the extent to which AI will be able to replace a recruiter’s ability to engage and interview candidates remains to be seen.

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