7 Ways AI Is Helping With Companies’ Employees Recruitment

The recruitment industry has set its eye on AI (artificial intelligence) as companies are now using AI-based solutions to speed up the process.

AI is being applied in many industries. It’s no surprise that recruitment is on the list. The development of AI is constantly evolving and updating. People might wonder whether it will take the place of human recruiters.

While AI can sort out candidates based on given criteria from available data and potential employer, it is almost impossible for AI to completely replace the human factor.

Human recruiters will always take a critical part of the recruiting process. It is easier to think of AI as an assistant rather than a replacement.

Here are 7 instances where AI takes part in revolutionizing the recruitment process.

1. Improving online applications

Online application management is one field that AI is assisting companies with. Applicant tracking using recruiter database requires a lot of word flows, keywords as well as other data points. AI can help with this by sorting, searching and analyzing.

With AI being digital recruitment consultants, recruiters can speed up the candidate selection process by prioritizing thousands of resumes.

In the future, it is possible that AI will be used to help job hunters in creating a more effective application using predictive analytics.

2. Finding the best-suited candidates

AI can help companies find the best-suited candidates for a position. For example, the online presence of a candidate can be analyzed by AI, generating a result that this person is interested in social causes. On the other hand, a candidate would also make use of AI to find the best job by creating a profile with their goals, values, and career aspirations.

3. Speeding up the shortlisting process

AI can help recruiters save time through candidate preselecting process. Rather than humans having to look through pages and pages of resumes, this job can now be done by AI.

4. Offering a level playing field

AI can also help candidates get a fair chance for an interview. However, candidates will need to network more to make their profile stand out and get an invitation for an interview.

5. Assessing characters

Since remote working is getting more popular, to make sure that candidates are trustable, AI can help assessing them. In fact, there are already some available AI tools for this purpose. Candidates’ honesty and ethics will be screened to see if they could be the best fit for the organization.

6. Assisting recruiters in interviews

Recruiters start using AI such as Paradox’s Olivia to help with interviews. The AI will deal with some basic questions.

7. Providing recruitment automation as well as advanced data analytics

Instead of taking a scientific approach, traditional recruitment tends to go with luck and intuition, which can be time-consuming and scattershot.

But with the treasure trove of data today and the deployment of AI, the data-based recruitment process is being carried out, which will help to improve the hiring quality.

Moreover, recruiters can get a better funds allocation like targeting candidates who use social media platforms.

AI can help set up “hiring funnels” by analyzing why some conversion rates are more or less effective.