Expedition of AI in Talent Recruitment and its implications
When people hear the word Artificial Intelligence they
perceive that something as a challenge to human intelligence and an evolution
of machines to take over the Human race itself. This is the influence of all
those Hollywood Sci-fi movies out there where machines play havoc with human
civilization, starting from Terminator to Transformers. Recent news about Facebook putting an end to
its chatbot project made headlines and also a creepy feeling among some
sections of public about AI. The machines started to speak in their own
language and began to evolve. This created a doubt whether the machines are
self-evolving and trying to overtake humans as feared by some eminent
scientists earlier.
Role of
Artificial Intelligence in Talent acquisition
When we talk about Artificial Intelligence based Robots
taking over Human jobs it’s going to impact every job market including HR.
While the HR itself is a wide area, we don’t need to worry about the whole
process or the operations of HR being taken over by Robots. You don’t need to
worry if Robots are going to recruit people in the future or manage the
resources and get anxious on your jobs. The coin of development always has two
sides and along with the technological advancements comes the risks associated
with that.
Artificial Intelligence helps humans adapt to better and
future ready technologies by helping them to think better and evolve. It helps humans avoid doing repetitive tasks
which machines are capable of, and instead create jobs to help and manage those
machines. The evolution of Artificial
Intelligence in Recruitment and Talent Acquisition thus helps you cut your
recruitment team’s mundane tasks and help them focus on the other areas of
Human Resources.
Typical Role of a
Talent Acquisition team includes
- Seeking and Identifying prospective candidates across various channels
- Screening their resumes for the right qualification and profile match
- Shortlisting the suitable candidates based on compatibility
- Assessing them by conducting tests and interviews.
- Verifying their credentials and references along with background.
- Negotiating and generating job offers.
It’s an accepted fact that humans
are prone to errors and an error in recruitment will definitely prove more
costly to the company. Because if you hire the right candidate for the job, the
productivity is going to increase along with a good relationship with an
employer comes a positive team environment. But if it turned out to be a bad
choice things are going to take a different turn and hurt your employer’s prospects.
How
AI Recruiting Solutions help you to hire right?
- AI based Recruiting solutions helps you save time from manual screening and sorting of hundreds of resumes your team need to filter through.
- It drastically improves the process of recruiting by shortlisting and scheduling interviews for suitable candidates.
- Recruiters are relieved from the repetitive tasks of sending emails and making calls to candidates to find their availability as everything is taken care of by the system itself.
- The recruiting software with its well-built algorithm can scan more in-depth and play along with the recruiters to decide the suitability of the candidate.
- It can even conduct assessment tests to determine the candidates skillsets based on a range of preset criteria.
- AI based recruitment solutions can keep the job profiles updated on your domains based on latest market requirements and help you avoid manual updates repeatedly.
- More advanced Neural network based systems even help determine a candidate’s ability by evaluating the response to real time situations and problem solving
Typical
Characteristics of an efficient AI Recruitment solution –
How do we determine an AI based
Recruiting tool is efficient when there are a few available in today’s market?
With competition getting tighter in
the race for automation, more and more solution providers are entering the
Recruitment solutions market to showcase and attract customers towards their
product. Their targets are mainly large organizations with a bigger employee
base due to their high labour turnover. So it’s pertinent for organizations to
determine which solution will suit best to them according to the scalability
and feasibility needs.
An efficient AI Recruitment
solutions is determined by the following characteristics
- It reduces the workload of the recruiters and hiring managers.
- Cuts down the cost of recruitment multi-fold
- Drastically reduces the time cycle of Recruitment.
- Is un-biased (Gender, age bias etc.)
- With more human touch (Candidates feel like they are interacting with a human)
- Improved Candidate and Recruiter Experience
Implications
of Artificial Recruitment Solutions in Organisational growth
With the advent of AI based
Recruitment solutions the role of HR in an Organisation’s growth has qualified
multi-fold. With better candidates being recruited efficiently as employees
into the organization, the productivity is accelerated resulting in exemplary
growth.
More importantly Intelligent AI
Recruitment solutions help you avoid bad candidates and thereby reducing
attrition rates and saving on the recruitment costs for the company. With more
and more millennials looking to jump opportunities, the AI based systems help
you determine the mindset of the candidates through a set of neural network
algorithm if they are likely to stick with you.
AI is definitely going to be a part
of future recruitment and that doesn’t mean it will render the Human role in
recruitment meaningless. In other terms it will make the human role more
meaningful allowing humans and the machines go hand in hand to give the best
resources to the organization. With almost a zero chance of error and nearly
impossible to make mistakes, AI based recruitment solutions are going to bring
a revolutionary change into the talent acquisition domain. And only the best
candidate would be able to make it to the job.
So is your Organisation ready for an
effortless recruitment that gets you the best talent?
For more details get in touch with us at info@oneplusone.solutions.com or fill up the form below and submit.
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