The booming economy has produced job hunters in the vast numbers. It has made employers tasks for recruitment tedious and mundane. Most of the recruiters complained to have hired the candidates who are not fit for required designation. It is a critical decision to determine the right person for the job, and the cost of it is a bad hire.
Now the only way to make the recruitment process quicker and easier is by automation.
Artificial intelligence (AI) plays a vital role in this process. AI is a technology equipped with features like image processing, decision making, and translating tools. It enables AI to perform tasks to a high standard. Recruiting agencies flooded with resumes of candidates; AI aids to narrow down the list to potential candidates based on job specifications. Many talent acquisition platforms have already adopted AI for hiring. They have found AI tech as a consequential platform for recruiting qualified candidates.
AI is going to be a new face of recruitment as more data gathered by the companies will train the AI in the best possible way. It will ensure to filter out the best from the rest. There are a plethora of reasons as to why AI is beneficial for hiring. Here are a few engaging facets of AI that you should avail to enhance the efficacy of your recruitment process.
You can identify candidates who are likely to fit in using analytics. It will surface the candidates who have the desired aptitude to fulfill the designation traits and have a better chance to succeed. For example, an organization looking to hire an applicant for a developer position might put the candidate through different coding challenges. AI considers those candidates that have an unusual approach and creativity.
It is hectic to go through N number of CV’s to shortlist the candidates. Instead, AI can analyze the data to apprehend that which applicant stands out. It tracks the performance and current workflow trends ensured by current employees. Based on the information perceived, the candidates with similar skillset and personality selected.
Incorporating Application tracking system with AI gives an edge to the recruitment team. Employers receive thousands of resumes daily. ATS maintains these resumes at one place for processing. It uses keywords and other data points to prioritize the resumes. When an applicant applies for a job, the resume is first analyzed and evaluated by ATS for a better understanding of the candidate and then further conveyed to the employer.
ATS hiring software can provide you, as the hiring manager, a simplified way to hire all the new applicants. If you set it up properly then you can also use it for employee onboarding to simplify the process even further.
Quick and efficient
Sometimes the job hunters don’t get any notification from the employer. It could slow down the hiring process and pester the candidate. AI eliminates this problem by reviewing CV’s, and scheduling the interview, shortening the lengthy procedure eventually.
AI technology plays a very significant role in bias-free recruitment. It focuses on the critical skill set needed and rank them to get better matches. It will aid the talent acquisition platform to select the apt candidate.
Some applicants con their way to the organization. It might be the candidate’s personality that may fascinate the interviewer at the time of recruitment. But such candidates lack the necessary aptitude needed for the position. AI powered recruitment software assists in eliminating the following problem. It takes aptitude tests and brain games that judge the candidate based on their intuitive approach.
Thousands of CV’s directed to the server of the companies. Most of the incoming CV’s are irrelevant and are of no importance in the company’s perspective. The diverted traffic may congest the server, leading to a system crash. To eradicate this problem, AI after analyzing data allows only the desired traffic.
Few companies have oriented themselves with the AI interview process. The benefit of this integration is that AI designs unique tests for the discussion. It enables the applicants to find out-of-the-box solutions to the problem generated. AI overpowers the orthodox interview practice and replaces it with an innovative methodology.
The future beholds in Artificial intelligence. AI will have a noticeable impact on the recruitment sector in the coming future. The robust and intuitive platform offered by AI will bring evolution in recruitment. AI will leverage analytics and will provoke the candidates and employers to focus on relevant matters.
Sharad Bhardwaj is a content analyst at SoftwareSuggest. He has experience in content marketing and has expertise in Recruiting software & service. In leisure time he likes to rejuvenate through playing cricket and listening to music.