GenAI in HRtech can level the playing field for Tier 2,3 college freshers
Written by Rahul Veerwal , CEO & Founder of GetWork
While students of tier 1 cities are offered plump packages, students from tier 2 and 3 colleges find it difficult to land a decent job. The stark disparity in placement opportunities at tier 1 colleges and tier 2,3 colleges has been the root cause of high-scale migration towards Tier 1 cities. Despite the fact that 95% of India’s yearly graduates hail from tier 2 and 3 colleges, these particular areas and their respective populace have been denied their fair share of opportunities and growth.?
Generative AI has the capacity to level the playing field for tier 2 and tier 3 college graduates. It packs the potential to provide them with resources, guidance, and opportunities that were previously limited by geographical or institutional constraints. Acting as a catalyst to speed up the hiring process, GenAI can open new avenues for Tier 2 and 3 college graduates, embodying the role of a comprehensive career guide.?
Further, a recent BCG report estimated that a balanced human and Gen AI strategy could boost HR productivity by 30% in the near future. Global giants like Oracle and PeopleStrong have already started embedding GenAI capabilities in existing HR processes to streamline the same, simultaneously enhancing candidate experience. With expedited HR operations, organisations can expand their hiring portfolio, specifically catering to Tier 2, 3 institutions.???
Some of the ways in which GenAI will bring parity to the Indian hiring landscape include:?
Customised Career Guidance
The advent of Generative AI Chatbots will open new doors to customization, namely in terms of career pathways. By offering personalized guidance about available opportunities, career paths, and skill requirements, GenAI will bridge the information gap for graduates from Tier 2,3 colleges. Essentially, enabling candidates from smaller colleges to navigate the job market more effectively.?
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Interview Support
Simulated interview scenarios provided by AI can be very beneficial for graduates from Tier 2, 3 colleges, as it will allow them to practise and refine their interview skills in a controlled environment, increasing their confidence and readiness for job interviews. HRtech platforms are today exploring backend integration with LLMs to help candidates prepare for a specific role at their dream company. It has the potential to give students tailored suggestions on the questions that are usually asked in their dream company’s interview and also suggest the upskilling courses that they need for this role.??
Data Analytics and Insights?
By analyzing student data, GenAI can identify talent from diverse backgrounds, potentially uncovering hidden talents and skills among tier 2 and tier 3 college graduates. Previously denied candidates from remote areas will have an unparalleled chance to assess their abilities, whilst simultaneously providing HR professionals with insights to diversify their talent pool and tap into previously untapped potential. ?
Resume Parsing and Matching
Further, Generative AI's understanding of language can help them in highlighting the unique skills and experiences of tier 2 and tier 3 graduates, enabling better matching with job requirements. This can ensure that these candidates are fairly considered based on their capabilities rather than solely on the reputation of their alma mater.
From the intricacies of customised career pathways to diligent preparation through mock interviews, intuitive tech adds real value to the recruitment process, helping organisations witness more than just geographical locations and academic institutions. As enterprises are making significant strides to embrace a culture of diversity, GenAI is anticipated to deliver Tier 2,3 college freshers an equal opportunity to land their dream jobs.?