AI for Recruiting: Everything you Need to Know
- by 7wData
Artificial Intelligence is aimed at simplifying and automating an array of business processes. Recently, AI made its entrance in the field of recruiting and instantly got close attention.
The thing is the use of AI for recruiting resulted in significant benefits for both the companies and the candidates. But, as with any other technology, there are certain hidden rocks to keep in mind when implementing AI in your processes.
So what exactly does it do and what kind of benefits it may bring? Let’s have a look.
As we said, the Artificial Intelligence technology is capable of automating and simplifying certain tasks that do not require much in-depth analysis.
Now, take resume screening. Just how many resumes does one recruiter have to screen per day in order to find a perfect match? Will it be dozens or hundreds?
With AI, this process can be cut down to mere minutes – and the result will be even more efficient due to the elimination of human error possibilities and highly accurate analysis.
And that’s just one example. As AI developers say, almost any process can be automated – and that’s a perfect chance to bring more accuracy and relevance in the recruitment processes.
Process automation sounds good – but definite benefits sound better. Here are the most obvious ones.
Because AI can automate a number of mundane processes, it can significantly save the recruiters’ time and instead, allow them to focus on other tasks.
By automating your workflow, you will streamline the process, thus, making it more efficient. And resume screening is not the only example. Another one can be AI-powered chatbots that provide support for the candidates throughout all hiring process.
Though seemingly minor, such little things can have a really big impact on the person’s perception of your company.
Due to increased hiring process accuracy, the match between the candidate’s experience and proposed position will improve, leading to mutual satisfaction for both sides.
As well, because of better matching, there will be a lower risk of the candidate’s turnover, which is another important benefit.
Faster resume processing and timely updates on interview status will lead to increased candidates’ satisfaction and a better attitude towards the company.
There is no need to say how important the candidates’ perception of the company is. Candidates that are positive towards a company are more likely to recommend a friend or simply keep in touch with the recruiters, which is a big plus.
It’s complex, demands a high level of expertise from developers, and has to be implemented by a knowledgeable specialist.
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