If you look into the pool of employment, you must get to see a gap between the vacancies for employees in companies and unemployment at the same time. That means when a large number of job seekers don’t get a response from the hiring managers of the companies, some companies never find suitable talent for improving their productivity. The latest companies are now trying to cover up this gap and invest in the right talent with technical help. Artificial intelligence is everywhere now and this advancement has become also common in case of the hiring process. The role of AI in hiring process can not only help the recruiters to reach the best talents but also make the process fast and improved. You can go through the following points to understand the contribution of AI to recruitment.
AI in hiring process: what is the contribution?
Artificial Intelligence is introduced in the modern market to meet several requirements of different industries. It has also improved the recruitment processes by reducing the individual’s time, effort, and energy. The process can also be organized when AI is implemented in the hiring process. Let us check the definite roles of AI in hiring process in detail.
Definition of AI hiring
The term AI stands for Artificial Intelligence which is able to understand huge data within the shortest time span. The implementation of different AI-based applications and tools for recruitment is increasing day by day in different sectors for completing time-consuming tasks including screening the resumes of the candidates, within the shortest period. In a pandemic situation when remote work has become the only option for the companies from different sectors, the technologies, and applications have started to take part more dedicatedly. These technical processes have improved not only the hiring process but also retaining employees. Let us drive into the detail of the topic.
Good communication skill is a key to welcoming the best talents to an organization. The process of hiring a candidate may genuinely take a long time but the is like a long wait for the candidate who is waiting for a response. The recruiters need to be prompt in response to the talented candidates so that the competitor companies don’t get a scope to hire them.
AI plays a significant role in communicating with candidates and making the process prompt. The implementation of artificial intelligence in the process of hiring can help the candidates get updates on time and understand their status in the selection process because the process progresses through the AI system which is able to respond to the candidates 24/7. The automatic updating features are also helpful to keep the candidates engaged with a particular company.
Shorten the time and saves energy in screening candidates
A company may receive hundreds of resumes for a particular post. It is difficult and time-consuming to find all the applications for a particular post manually. Artificial Intelligence is time-saving for screening the resumes of the candidates with a particular keyword within the shortest period. This resume screening process of the eligible candidates is appreciated in the case of high-volume hiring. A single keyword that matches the candidate’s qualification or skill appears to the recruiters within a few seconds in this process.
Posting advertisements to the different target candidates is essential to widen the reach. Diversification of the advertisements is possible with the AI in an easy and time-saving manner. The advertisements on the social media platform and in other places can maximize the reach and engage the genuinely talented candidates.
Another use of AI in hiring process is to analyze the browsing history of the candidates before making a final decision on hiring. Manual checking and analysis can make errors but in the case of Artificial Intelligence, the risk of error in analyzing data becomes less.
Unbiased hiring is possible with the help of Artificial Intelligence which is based on a particular application. The manual screening of the candidates can be biased because any of the recruitment team may prefer a candidate and emphasize recruiting. But the decision may not be good for the organization. In this case, depending on the technology can always be beneficial and unbiased. The screening test through the system and analyzing the output through the automated process can give a genuine result which helps in finding the real talent for the company.
Improved hiring quality
The use of AI in the hiring process can improve its quality in different ways. AI matches the skills of the candidates with the requirements of the company and brings out the result within the shortest period. The system-generated result has the lowest chance of error. The recruiters can improve from communication to analysis with the help of modern technologies. Moreover, the process becomes energy and time-saving at the same time. Apart from these, the candidates may also get automated push notifications and more.
Less risk of overlooking the right talents
In the way of traditional recruitment, the recruiters need to search for the candidates with the needed skills in some particular database. The recruiters need to put some keywords that suit the job description and required skills among the candidates. The resumes carrying similar keywords appear in the result. But the recruiters may miss the real talents if the keywords don’t match.
AI doesn’t depend on the search result based on the keyword. Rather, it checks the entire details of the candidate along with their experiences. So, the risk of overlooking the resumes becomes less with the help of AI and implementation becomes essential in recruitment.
Gives good experience to the candidates
Implementing AI into the recruitment process is not only beneficial for the employers but also allows the candidates to experience something better now. The candidates get all the information about recruitment through chatbots within the shortest period. Moreover, communication through chatbots ensures the candidates experience a smooth hiring process by providing on-time updates about the interview calls, office location, working hours, and more. The company needs not to engage the manpower to answer the queries of the candidates when AI takes the responsibility. The candidates may ask their queries anytime and get real-time answers from chatbots. The candidates get a guideline throughout the process with the help of the AI which instructs the candidates on the next step in the recruitment process and the status of their applications.
Saves recruitment cost
The recruitment process in a company is costly because you need to post advertisements for the vacancy, attract the right candidates to the job application, screen the portfolios of the applicants, conduct interviews, and train the employee. The cost of the entire process should be invested in the right person.
Investing in the right employee can increase the productivity of the company. When a company takes the help of AI for recruitment, it reduces the risk of wrong investment. The AI-based recruitment process becomes more accurate to hire the best talents for the company and invest in the right individual. Moreover, the system can save the budget of the company by reducing the cost of hiring more recruiters and completing the task with the help of AI within the shortest period.
What are the features of AI in hiring process?
In the modern market of technological improvement, you may get to see various types of software applications for recruitment. These applications help in the recruitment process and help the recruiters to achieve their target within a short period. When a company decides to implement AI in hiring process, should check the details of the features first. It is clear that applications are available with different exciting features to shorten the hiring process. Let us check what are those.
The customization of the application for making the recruitment process more applicable for the company is essential. The tailored applications are able to send alerts to the candidates depending on their browsing history, preferred job description, profile and match, and more. The dynamic contents are sent for suitable job descriptions and make the task of searching for the right candidate easy and time-saving. On the other hand, it keeps the candidates engaged and upgrades the recruiters about the candidates at the same time.
Advanced search process
The recruiters need to connect with the best talent which suits the company’s job profile. AI lowers the risk of irrelevant results because modern applications are able to analyze the meaning and the context of the query with its in-built synonym predictions, spell corrections, predictions, and more. Matching the required skills with the profile of the candidate with the help of AI gives the best result in recruitment.
Conversation through Chatbots
Communication through chatbots ensures providing the best experience to the candidates. The instant reply from AI through chatbots can guide the candidates in the recruitment process and help them to move to the next step. AI needs no rest and can be active throughout the day and night to answer the queries of the candidates.
Chatbots can give the best opportunity to both the employee and employers in recruitment. The candidates can ask whatever they want related to recruitment in the company and get a real-time answer from the chatbot. This can not only keep the candidate updated but also helps the employers to create a good impression in the mind of the candidate and keep them engaged. So, the risk of losing a talented candidate becomes less with chatbots as well.
Hiring a real talent is a challenge for the recruiters in this cut-throat competitive market. But implementation of AI in hiring process can make the process simple and easy to handle. This can make the tiresome process short and steady.