AI For Recruitment — Smart way to hire and get hired
Artificial Intelligence (AI) in recruitment –
In simple words means, implementation of software that will execute tasks like sourcing, screening & scheduling including decision making, visual & vocal recognition & translation. In the recruitment process, the most challenging part is identifying the right candidate from the pool of applicants. AI provides a great way for a recruiter to quickly and efficiently select the right candidate from the pool.
“areas of the recruitment process where fixed output is delivered based on certain inputs like screening, sourcing & assessment — can be automated”
Role of Artificial Intelligence (AI) driven automated recruitment workflow is:
a. AI in recruitment is programmed to streamline or automate a few parts of recruiting, which is repetitive and has high-volume tasks.
b. AI standardizes the hiring process by matching jobs with pre-programmed skill sets to carry out required responsibilities.
c. AI works on a lot of data and potential human way of behaving i.e., empathy but backed by logical analytics and not only emotions.
d. An innovative process in AI-driven recruitment is intelligent screening software that automates resume screening, the chatbot that engages candidates to assess them. While also conducting real-time and digitized interviews
e. AI application generates logical reports and feedback post scheduling and conducting interviews for the hiring managers.
AI-powered step by step hiring process:
1. Job applications screening:
Screening through the pool of applications received for one single position is the most tedious as well as crucial task. One can only imagine the kind of labor it demands when done manually which is approximately 90% of the organization. But with the trend changing and with more companies adopting technology as a solution in HR, AI automation is a huge blessing. Automation of the application process with AI-OCR bot (optical character Recognition) you can easily read out multiple resumes sent in any format i.e. jpg, png, MS-word, pdf, etc.
Similarly, there is one more feature available for the ease of screening through a pool of resumes known as Intelligent Document Processing (IDP). Intelligent data processing is the process of intelligently capturing specific data and streamline document processing activities. Regardless of what kind of document is to be processed, long forms or electronic, structured or unstructured, the goal of IDP is to extract information.
2. Shortlisting and Scheduling:
If you are planning to apply for a job in 2021 or later, chances are that not a human but an AI-driven algorithm will be shortlisting your resume by ranking it against set skills and parameters. The process of sorting resumes and communicating with shortlisted candidates for the further selection rounds is being automated. Post resume shortlisting, the candidate will be receiving a unique link through email, by clicking on the link at a scheduled time his interview shall start which is a recorded session. The hiring manager can go through those recorded interviews anytime later for further decision-making. With automated shortlisting and recorded interviews in the same time slot company can conduct multiple interviews which are not possible for a human. These recorded interviews are conducted by an AI-driven system, where the standardized set of questions are pre-programmed in form of templates. Each template can either have similar questions or unique questions depending upon the job description and skill sets required to performing the job. These templates provide consistency and compliance to the interview process.
3. Report generation:
The result of these AI-automated interviews is converted into scores. These scores are presented to hiring managers and based on their opinion a candidate will either proceed for further rounds of the selection process or will be rejected. The company can program the pattern of interviews conducted i.e in highest score to lowest, vice versa, or eliminating all the shortlisted candidates scored below the certain cut-off marks. Since these reports are very clean and objective decision-making becomes faster and more unbiased.
Pros of AI in recruitment:
a. AI in recruitment saves time –
When a human is screening one resume with the help of keywords AI can screen multiple resumes and shortlist them for the open positions in the organization. Apart from this, all the simple and repetitive but important questions for candidates can be easily processed by an AI-driven Chatbot. AI-driven Chatbot in recruitment assists with the process of q & a by providing a real-time response to the candidate’s inquiries. Since these questions are repetitive and quite predictable, they can be easily programmed and automated. This will allow recruiters a lot of time in hand to do other productive and creative work. In short AI in recruitment saves time by automating repetitive work that previously needed long human hours.
“time saver technology”
b. AI in recruitment eliminates any personal biases –
Getting the right candidate on board for the job in an organization is the most crucial task, which to date from start to end was handled by humans, hence is very natural for it to be open to everyone’s judgment. The good news here is AI in recruitment which is data and logic-driven eliminates the chance of a human’s biased nature. AI-powered screening, shortlisting, and selection is based on analysis where it calculates the suitability of a candidate for the job role & chances of his success at performing the job. This enables the recruiter and hiring — manager, to make data-driven hiring decisions rather than decisions clouded by personal experiences and opinions.
“no more clouded opinions and ignoring potential profiles”
c. AI in recruitment helps find the right candidate –
AI-powered recruitment process screens through candidates’ profiles real fast based on keywords skillsets programmed by employers. Since it can go through many resumes in a very short time, recruiters get more options to select candidates for the job role. Choosing from a bigger talent pool ensures the right candidate selection whose values align with the organization’s core value, hence increasing the overall level of productivity and quality of the organization.
“finding a needle in a hay stack is possible now”
d. Reduces Cost per hire –
In today’s fast-paced world everyone is aware that time is equal to money. The hiring process is not only lengthy but is also costly for the company. Cost includes job ad postings, agency fees, cost of various portals for accessing resumes, the salary of staff involved, and so on. Implementation of AI in recruitment eliminates most of the above expenses due to its ability to keep a track of candidates browsing history. Every time a new job opening comes up, the company need not go for new job postings or fresh access to resumes, AI data pool can be reached out for filling the role. AI saves money by reducing wastage of time and by eliminating hiring agencies or portals by maintaining the data.
“Save money while hiring the right talent to increase your productivity”
Pros of AI to a candidate:
a. Improving the quality and objective of the job hunt -
As a human being one’s decision can be based on personal experience or similarities, rather than logical analysis of data. For eg: Recruiter 1 can prefer certain candidate profiles whom recruiter 2 may not consider at all for a similar role. AI can help recognize where the team lacks in terms of skills and which candidate could fit better in the team. This gives a fair chance to the right candidate for the position.
“no more overlooking of the resumes”
b. Attracting the right job ads and reduction of unsuitable job ads -
Chatbots and matching technology can be used for directing candidates to apply for relevant jobs, and also do the pre-screening on the company’s behalf. Chatbots are capable of tracking candidate’s browsing history hence, they can make logical suggestions based on search history.
“no more exposure to irrelevant ads about shortcuts to get a job”
c. Improve resume writing skillsets –
Building a job-winning resume is easier and cheaper using AI-powered Resume Builder. Get hired faster with features like instant resume feedback, job-resume optimizer, smart resume assistant & more.
“AI-powered resume is going to trend”
d. Better experience for the candidate –
AI-powered chatbot never takes a day off, which ensures candidates get answers to their inquiries, updates on their hiring status in real-time. This eliminates candidates hanging for the response from the HR team. Availability of the right information at right time improves the overall hiring experience of the candidate by not keeping them in dark about their application status.
“enhanced hiring experience, enhances your brand name”
Artificial Intelligent (AI) in recruitment provided and supported by Zyre will change the role of the recruiter in your organization. Through automation, the recruiter will have more time to determine a candidate’s cultural and overall alignment with the company. “Zyre’s innovation in AI for recruitment will ease up screening, shortlisting, and level-1 interview rounds quickly and efficiently.”
