Artificial Intelligence is a game-changer for almost all industries, and recruiting is not an exception. With the right tools, programs, and software, one can develop an automated process to improve quality of hire. Here are a few of the benefits of AI in recruitment.
1. Improved quality of hire
The quality of candidates depends on how attractive and relevant your initial job posting is.
AI can help you in improving the quality of candidates you are receiving in many ways. Various AI tools are available, which help in framing clearer and descriptive job descriptions. These tools help you to explain what exactly you are looking for in candidates.
When you represent clearly who you are looking to recruit, you will get more relevant candidates who fit into your job profile requirements.
2. Automated tedious manual tasks
Recruiters need to manage many tedious tasks of the recruitment process. It includes posting job profile requirements, sourcing candidates, screening received resumes, scheduling interviews, screening candidates. These tasks consume most of the time of recruiters.
AI tools like resume parser, ATS, chatbots help in automating these tasks. A resume parser helps in screening resumes automatically and extracts resume data to store in your ATS/CRM.
An applicant tracking system helps in automating recruiting tasks from scheduling interviews to the final onboarding process. Chatbots or automated messaging services can be used to automate conversation with candidates. This can be related to job applications, interview questions so that candidate queries can be solved at any time of the day. It helps in improving the candidate experience, which eventually enhances the employer brand.
3. Improving candidate experience
Recruitment is a two-way process in this digital era. If the organization is looking for a perfect match, candidates are also looking for a good organization that meets their needs and values. The job application process on your career portal is the first place where you can impress candidates by providing a great experience. AI tool such as resume parser can be used to autofill application form fields. Once candidate uploads his resume, resume parser will fill all the fields of the application form which are present in the resume. It helps in improving candidate experience, thus employer branding from the beginning. Along with this a clear job description, regular communication with the candidate at every stage of the recruitment process, sharing updates can help to improve candidate experience a lot.
4. Reduced cost and time to hire
When it comes to reducing cost and time to hire, the main challenge is to figure out you won’t sacrifice candidate quality. You can optimize organization career portal, make use of social media, take advantage of referrals through current employees, use digital interviewing to reduce costs and time to hire.