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7 Amazing Ways Companies Use AI To Recruit Employees

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There is no doubt that employees are one of the most valuable intangible assets of any organization. They play a significant role in contributing to profit and revenue. Hence, every company looks to hire the best talent in the industry.

The good news is that the Human Resource Department is not lacking in implementing digital transformation. Yes, the recruitment process is getting digitized. With the escalation of technology, we have come across different innovative recruitment software that offers a plethora of benefits.

But much of the credit for streamlining recruitment goes to Artificial Intelligence. According to research, 10% of organizations have already integrated Artificial Intelligence in their HR department, while another 36% are planning to incorporate it within the next couple of years.

 

Role of Artificial Intelligence in Recruitment

It is true that Artificial Intelligence has disrupted a number of industries such as manufacturing, retail, real estate, and others. Now, it has come to HR finding the best candidates to fill positions through machine learning.

For example, you can employ the machine learning technique to automatically scan resumes and conduct sentiment analysis to shortlist them for an interview.

 

Will we see any human recruiters in the future?

One of the key questions that comes to mind is whether AI technology will replace human recruiters in the future. Well, AI has the potential to cold sort the candidates based on job responsibilities, but there are very few chances of AI replacing all human recruiters. Hence, HR managers and executives are always going to be a crucial part of the futuristic recruitment process.

Let's highlight highlight how you can employ Artificial Intelligence for the recruitment process.

 

How You Can Use AI in the Recruitment Process 

 

1. Seamless scanning of online applications

The first and foremost role that Artificial Intelligence plays in the recruitment process is helping companies to automate the scanning of resumes. In a traditional approach, the recruiters had to devote a lot of time to applicant tracking using various keywords, data points, and workflows. All these searches are simplified through AI technology.

Artificial intelligence allows the HR team to become digital recruiting consultants to accelerate the selection process. AI can focus on prioritizing the best resumes to further proceed with the recruitment.

According to the survey mentioned above:

  • 96% of the HR managers believe that AI has great potential to help in the right talent acquisition.
  • 55% of the managers say that AI will become a regular part of the recruitment process within the next five years.
  • Automation in recruitment has allowed the HR department to save 14 hours a week.
  • 65% of HR managers do not see Artificial Intelligence as a threat to their jobs.

 

2. Use of Physical Interview Robot

This can be considered as one of the most innovative techniques in which you can implement a physical interview robot to hire the best candidate. This advanced technology involves a combination of interview analytics and natural language processing (NLP). It helps to analyze the candidate's personality traits and skills. In fact, this advanced robot can conduct the interview without any biases.

But you need to consider that the potential of the robot depends on the data that has been inserted into it. Another point to consider is the experience of the candidate. Here each of the candidates will have to face the same exact interview experience, which can pose different challenges.

 

3. Help to vet the candidate's character

The remote working culture has gained popularity during the last few years, and organizations are always looking to hire reliable candidates for that purpose. Now, this is where Artificial Intelligence tools can help a great deal, especially if you're hiring remote employees.

It's hard to believe, but AI can help in assessing the candidate's honesty and ethics to determine whether they are fit for the job. The organization can vet trustworthy candidates and distribute the workforce accordingly. In fact, this AI functionality has proved to be a boon for on-demand applications such as Uber, Zomato, and so on.

 

4. Background checks powered by AI

Most companies conduct a necessary background check on the candidate to see whether his given credentials are true or false. In the conventional method, background checks were more or less a very tedious job that consumed a lot of time. But with the evolution of Artificial Intelligence, the scenario has changed, and this process has sped up.

An AI-powered background check allows employees to have more privacy and reduced biases. In addition to that, it also simplifies the background checks. The company can verify the information of the candidate more quickly and efficiently in a more scalable manner.

We cite the example of Checkr, which is an Artificial Intelligence-based background checking service provider.

 

5. Artificial Intelligence-powered reference check

Artificial Intelligence is not only an incredible technology that simplifies background checks, but it also conducts reference checks. This is yet another time-consuming process, which has been streamlined.

One of the major issues of traditional reference checks is the reliability of the person providing the reference and the candidate himself. Also, the references do not get automated reminders, and you cannot replicate the task for multiple jobs.

The AI-enabled reference check allows you to avoid these issues. The software will automate the entire procedure where all details can be accessed on a single platform.

 

6. Deciding on pay and other benefits for new recruits

Often, the HR department has to solve a tricky puzzle when it comes to deciding on the right compensation package for a deserving candidate. Traditionally, the HR manager goes for salary negotiation, which is a time-consuming process.

Besides the salary, the HR manager also has to determine other important factors such as overtime pay, compensation, paid leaves, healthcare benefits, joining bonus, and much more.

Of course, the right package for the candidate depends on his soft skills, expertise in the area, and experience. Also, HR has to take into account the industry standards and follow the local rules and regulations related to employee recruitment.

Artificial Intelligence has been a great help for the HR department here. The technology empowers companies to consider geographical data and take specific skills into account. Apart from that, the compensation software powered by the cloud has simplified the process.

 

7. Identifying the team's strengths and weaknesses

The role of the HR manager and his team is not restricted to hiring the best candidates for the required post, but also paving the way for them to build their strengths. All successful organizations emphasize a great deal of individual expertise and skill. It helps HR to evaluate the performance of the candidate and decide whether they are a good fit for the position or not.

Artificial Intelligence provides you with a rich set of pre-employment assessment tools for each of the candidates.

It is also important to note that some organizations have taken their recruitment process to the next level with AI. These companies are collaborating on scientific testing with data analytics to understand the in-depth mindset of the candidates. Plus, they employ machine learning to analyze team performance and setting.

Artificial Intelligence tools allow them to make improved employee decisions, where they can pay attention to their welfare as a whole.

 

On an ending note

The entire process of candidate recruitment and selection has undergone a transformational change with innovative software such as Artificial Intelligence. The organizations can choose the most deserving candidates for a given position based on their knowledge, talent, and experience.

It's time for you to automate your HR activities and process with advanced AI tools.

 

Artificial Intelligence in Talent Acquisition

 

About the Author: Freya Jacob is a content specialist who has worked formally for Brainvire.com, a leading software & mobile app development company offering custom software application development services. She is also an adept content strategist with expertise in curating meaningful content. In addition, she is also an avid reader who loves to binge a variety of books and informative articles.

 

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