Artificial intelligence is amongst the most disruptive technologies that have impacted our modern world. From your Netflix and Spotify recommendations to a personal assistant that now comes with almost every smartphone, AI is everywhere.
In fact, with the advent of the pandemic, AI has made indisputable developments and research and development. It has enabled people to reevaluate how they assimilate information, analyse data, and use the resulting insights to improve decision-making.
And just like all sectors from finance to governance, AI is also changing the face of recruiting. AI is allowing recruiters worldwide to engage with candidates at newer levels of personalisation and speed that accommodates the hiring demands of today.
Key AI-enabled Innovators in Recruiting
Let’s look at the critical innovations in Artificial Intelligence that has impacted recruiting:
1. Automated hiring
Automated hiring involves integrating AI and machine learning (ML) to simplify resume review, outreach, vetting, pursuing, hiring, and onboarding candidates.
Multiple companies are now using AI tools to make their hiring process quick and accurate. Machine Learning, a branch of AI, uses copious amounts of data to identify patterns and predict outcomes, allowing our computers to learn to act and make decisions in ways a human might work or decide.
AI data allows the algorithm to infer the rules and continuously learn from available information. Along with streamlining workflow, an organisation that automates its hiring experiences cuts down on bad hires’ costs, letting go of discriminatory hiring practices and lack of diversity whilst allowing Automation to improve accuracy and productivity.
2. Data-driven recruiting
Data-driven recruiting uses facts and statistics to inform hiring decisions, from selecting candidates to creating hiring plans, whilst improving all future hiring decisions.
This AI promise to improve the quality of hiring lies in its ability to use data and standardise the match between a candidates’ experience and skills with the requirements of the job and the profile.
Recruiting teams will find a more potent ally in data and be more efficient, reduce costs and improve their hiring.
How to Master Recruiting with AI
1. Get on with tech and save time
Recruiters are busy people. Now consider an AI-driven recruiter chatbot that could save valuable time. A recruitment chatbot is a conversational interface that helps carry out essential processes using artificial intelligence and machine learning.
Some common uses for chatbots include collecting basic candidate information, like education or experience, asking screening questions or ranking candidates based on standard metrics.
They are also beneficial for answering common frequently asked questions that the candidates typically have.
The idea is, the AI takes care of the mundane tasks off recruiters’ plates, including scheduling interviews, answering common questions, and parsing résumés to prescreen candidates with the required qualifications.
2. Eliminate your bias
There also exist exciting AI applications in recruitment that can help reduce bias. For example, AI-powered software uses predictive analytics to determine a candidate’s probability of succeeding in a role, allowing recruiters to make data-driven hiring decisions.
Artificial intelligence is changing the recruitment industry with incredible, AI-driven applications. It provides recruiters with the opportunity (and time) to listen, tune in and truly empathise with candidates in ways impossible before.
3. Search the right fit
AI-powered software can scrutinise people’s online presence, such as their social media profiles and public data. For example, how likely people are to accept a job and what roles they might be interested in.
The software can identify candidates with similar skills and personalities by combining available information. It can also interpret which candidates might be interested in particular roles and directly target applicable job adverts at them.
As a recruiter, this will help know when candidates are ready for a new job and reach out to them with a more proactive approach.
With the algorithms screening résumés, even the candidate selection is likely to occur via automated video interviews conducted by bots. This improvement in job matching is predicted to lead to happier and productive employees.
The Takeaway
There seems to appear a power shift from the company to the candidate. Candidates are more prone to experimentation and keen on aligning their career choices with their passion.
While sourcing a deserving candidate with the right skill-set and values aligned with the organisation has become a challenge for all recruiters.
Some fear that technology will cause the recruiter profession obsolete; that isn’t quite the case. More competent tech will only allow recruiters to focus on the human elements of hiring:
- Assessing soft skills.
- Convincing candidates to accept the job offer.
- Conveying the company culture.
- Negotiating compensation.
- Making the ultimate hiring decisions.
Emotional intelligence and creativity are the core human aspects of recruiting that machines can never replace. And while recruiters collaborate with tomorrow’s tech, they could acquire the privilege to be all the more human.
Gear up for a new wave in technology and look out for AI and all it offers to hunt for the best tech talent in town. Meanwhile, check out CodeQuotient and keep yourself updated with the recruitment world.
Looking to hire the best techies? Contact us – info@codequotient.com
Also read: Must-Have Tools for Every Tech Recruiter
