Artificial Intelligence (AI) – The Game Changer for Recruitment

AI recruitment is the hottest topic in recruiting these days. What is AI? head scratch to some. AI for recruiting is to automate some part of recruiting workflow. Since the Applicant Tracking System (ATS), recruiters have leveraged technology to make their jobs easier, faster, and better. Today the dominance theme in HR Technology is AI for recruiting. Can AI make recruiter smarter, Are we ready for change. Let’s get in detail.

Recruiting is one of the toughest issues businesses face today. When it comes to sourcing, companies still struggle to get their message through and target the right candidates at the right time. Finding the right talent is critical for business success and hiring the wrong person is expensive. Recruiting is a high-touch activity that involves stakeholders across the organization.

Recruitment Process: with each recruiting process, there is a substantial amount of data created, but it isn’t being captured for future reference. When companies need new talent, they post a job, source candidates, screen them across different interviews and eventually pick one to fill the position. Every single time either companies or candidates go through this process, they have to start from scratch, losing not only time but also valuable information across recruiting events. 

Artificial intelligence and machine learning are well on the way to lending a helping hand when it comes to solving the problems of Human Capital Management. AI start-ups are significantly reducing the operational burden by automating low level tasks and providing better information for decision makers. They are taking on the challenge of helping improve talent acquisition efficiency and effectiveness.

Machines seem to be able to help not only source but also screen applicants. AI can decide who a company should hire when it comes to figuring out who the best person is for the job, you might want to check out how AI is make recruiting smarter. I am furnishing few of them here with some information.

Benefits of using AI for recruiters: It saves recruiters time by automating high volume tasks. It Improves quality of hire through standardized job matching.

Innovation in AI for recruiting: Intelligent screening software, Recruiter chatbots, Digitized interviews.

The recent examples are:

X.ai –This is hardcore technology company with a mission to democratize the personal assistant. They have created Amy and Andrew Ingram, autonomous AI assistants who schedule meetings for their customers by just simply sending an email.

Wadeandwendy.ai – Wade - Your AI personal career guide, Wendy – your AI hiring assistant. Its virtual assistant that is the first point of contact with applicants that goes on to build a trail of each interaction the applicants have with the company.

Filtered.ai – Filters candidates on Syntax, not sentences. It can help assess technical candidates through auto-generated coding challenges

Textio – Helping companies create better job postings that will help differentiate them.

ClearFit (Smooth hiring & Career Spark) – Saving recruiters sourcing time by automatically finding and ranking candidates 

Engage Talent – It allows them to discover passive job seekers and target them with personalized messages at the right time.

Harver – Matching technology for better hiring. It is creating a new type of screening by generating engaging tests that assess candidates on tasks they’ll have to do on the job.

Ansaro – Unifying all the data companies have about their employees to build predictive models that will help them hire in smarter way.

How AI will change the recruiter role: Recruiters will be able to conduct proactive strategic hiring rather than spend most of their time with reactive back-filling. They get more time to spend with candidates in-person to build relationships and help determine culture fits and use AI data to show recruiting KPIs and quality of hires. 

Industry experts believe the future of AI for recruiting is Augmented Intelligence.

Augmented intelligence is the belief that you cannot fully replace human capabilities through technology. Instead, augmented intelligence suggests we should look to create technology to enhance human aptitude and efficiency.

Good Luck,

Thank you for your time

Pavan Kumar