Top 7 Reasons to Start AI Recruitment at your Company
The digital world is becoming more and more fast-paced and AI-powered. Bots are getting involved in almost all fields of work. Today, even a Spectrum mobile phone service comes with some form of built-in AI. It is also being used in recruitment and has become one of the most fashionable practices in the business industry. Several big companies rely on it to redistribute and manage the workload for HR. Here are 7 of the many benefits AI recruitment can guarantee a firm:
Eliminating Bias
One thing that even mass media portrayal of AI has taught us is that robots have no feelings. The all-powerful, artificially intelligent beings manufactured to perfection to execute certain tasks care for no one. This makes them the best possible recruiters out there!
With no inherent bias or vested interests- as humans might have in decision-making matters- AI can easily overtake the human standard of judgment for hiring and firing. An AI-led selection would be one that is unbiased, impartial, and based fully on empirical evidence and merit- I.e., what’s on paper.
This eliminates the threat of many practices that might tamper with recruitment processes, such as VIP culture, nepotism, favoritism, bribery, etc
Background Checking
AI has direct access to all the databases across the internet. This makes it the most ideal means to scavenge pre-existing data about workers on different websites such as LinkedIn, through previously affiliated contacts and recommendations.
When hiring a new team, finding willing and able candidates is the easy bit, gauging their true capability is the harder part. With access to unbiased and quantitative data about a worker’s work history, work ethic, and patterns, AI’s background check running capabilities are unparalleled. AI can rely on predictive and prescriptive analysis to see which candidate is a better fit for the company.
Finding Resources
AI outruns human hands in the race to find more and better resources more effectively because it has unlimited access to worker databases. It can tap into any database, such as LinkedIn, and identify all of the aspiring workers that fit a certain profile. They can then reach out to all of them and even set up meeting dates and required documents.
Reviewing Documents and CVs
The best thing that AI can do for a company, if nothing else, is reviewing and filtering out bogus applications and CVs. This makes up the most tedious part of recruiting new employees.
For many major companies, actively finding resources isn’t even a part of the recruitment process as they have that many organic applications. This is why the most time-consuming bit becomes going through the applications and filtering through them because there are that many.
AI can not only eliminate this burden but also do a far more detailed, reliable, and in-depth analysis of the CVs and make a decision based on it. Because AI can be programmed to specialize in diagnostic and descriptive analysis, it can do it without any room for human error.
AI-Powered On-Site Interviews
Now, bots are even being trained to carry out physical interviews to hire new personnel. They use a combination of interview analytics and natural processing language (NLP) to evaluate candidates’ aptitudes. They make final decisions based on their personality traits, soft skills, and body language.
This can prove beneficial to recruiters because using bots to conduct interviews in a standardized fashion helps maintain consistency and impartiality. This means that all interviewees are subject to the same questions and environment, making the conditions very controlled.
Rerouting Talent
Sometimes, a company or organization might be unable to recruit the most suitable candidate that possesses the skillset that they need on a high-priority basis. Instead, they find someone with a skillset that may be applicable somewhere else. In such a scenario, they reroute these candidates to other departments where their expertise might be required.
Today, the marketplace is a fast-paced and competitive space. Creating and maintaining a talent pool is, therefore, a matter of utmost importance. This is where AI comes in handy; it has a causal relationship, pattern building, and variable matching mechanism second to none. It scouts out talent and maps it into its database.