How AI is making Recruitment easy and Effective
The modern-day hiring Industry relies heavily on AI for both lateral as well as Entry Level Recruitment. From streamlining the processes to automating the important tasks, AI does a lot and beyond.
The Importance of AI
The biggest turnaround AI has managed to bring is the ease of process into hiring. As more and more Hiring managers are leveraging AI for talent assessment, they are saving a lot of time and resources in hiring.
So where is AI deployed in hiring?
Let's see some important areas where AI is making that "difference":
Candidate screening is amongst the initial stages of hiring and is the foundation for hiring potential employees. Instead of manual screening, using screening software can make life easy for the Recruiters and they can use that time for other productive purposes.
There may be cases when a candidate is selected but doesn't show up on the joining date. It is usually referred to as a "Turnover". But being a Recruiter, you will have a hectic schedule. So you can't afford to do the screening process time and again. That's where AI-based Recruitment solutions come into play.
AI's matching tools provide you with similar recommendations for candidate applications which make life easier for you as a Recruiter.
Updating the Resume
With AI, you can make use of old/passive resumes and still get focused candidates for your openings!
Now let’s get to the benefits AI has to offer:
The main advantages of using AI in recruitment include:
No Hiring bias
It's important to screen the candidates based on their skills, capability and the potential to carry out the tasks assigned to them. Hiring candidates based on biases hurts the Company's growth in the long run as well.
AI Accelerates the Recruitment process
When important processes like candidate sourcing, screening, and matching are automated with various AI software, a lot of time is saved. Recruiters can use that time to interview the candidates
Save Hiring Cost
AI makes sure only focused candidates make it further into the hiring process, which later translates into employees. It helps to avoid turnovers and help you save cost and resources which go into hiring a candidate.
Better quality candidates
With various AI-based pre-employment tests available in the market, it is ensured that a candidate is evaluated precisely as per their skills. There is no scope for manual errors and the In-depth reports provide reliable data. All these factors improve the quality of the candidate.
Time saved is Time earned
For AI, it is a matter of seconds to analyze large chunks of data with utmost precision. The same task will require dozens of hours if manpower is involved.
The Recruitment Industry involves a lot of work, and errors can creep in if the tasks are carried out manually. That is why AI and automation are required.