By: Pranav Ramesh

5 Ways AI Is Revolutionizing Recruitment

Recent advancements in technology — including artificial intelligence — are impressive. Hiring managers know the importance of finding qualified candidates for open jobs, which sometimes seems like searching for a needle in a haystack. More recruiting teams are working to improve the recruitment process and create procedures that allow them to find the right candidates.

Hiring managers can use machine learning and AI to automate repetitive tasks and improve the quality of the recruitment process. This includes talent management, candidate screening, and the evaluation process. Although it cannot replace human intelligence, AI makes the hiring process easier, quicker, and cheaper.

Let’s dive into some of the ways AI is revolutionizing recruitment and how you can leverage it for your strategy!

1. AI Is Improving Candidate Sourcing

Going through numerous candidate applications can be overwhelming, and you could easily miss out on the perfect candidate. AI tools can quickly scan through large numbers of databases and profiles. By taking into account elements like prior experience and skills, using AI for candidate sourcing can assess your candidate pool more comprehensively.

AI tools can automatically source candidates from both general job boards and niche ones, that you might not even be aware of. Candidate sourcing takes up to a third of hiring managers’ workweek time, according to LinkedIn, so it can be a time-consuming process, if not done properly. AI-powered technology saves recruiters time by identifying specific keywords that help them improve job applicants’ selection.

By narrowing down the number of job applications, you can improve the flow of the recruitment process, as well as speed up the interviews, as it’s easier to select only the most qualified candidates. 

2. AI Is Enhancing Resume Screening

It’s not surprising that the majority of talent management leaders still believe that selecting the best candidates from a large applicant pool is the most difficult aspect of the recruitment process. On average, an open position receives 250 resumes from job applicants, and many of those come from unqualified candidates. Even though recruiters can manually review resumes, this is a difficult task.

That’s why they can rely on AI-based candidate screening tools to find the best fit for open positions. The likelihood of successful hiring increases when recruiters use AI to validate resumes, saving them time. Resumes are examined for the most important characteristics and overall relevance. As a result, recruiting teams receive a list of job applicants who perfectly fit every requirement. 

Candidate screening is now easier thanks to AI technology because it allows you to rank resumes based on applicants’ experience and abilities. 

3. AI Helps Conduct Initial Interviews

Artificial intelligence can speed up the assessment for upcoming jobs. Talent management teams can hold automated interviews as prescreening tests. One of the biggest advantages of AI-driven tools for the process is that there’s no human bias in initial interviews, as it’s all done automatically.

More companies are using automated interviews in the initial phase of the recruitment process because it saves them a lot of time, and it highlights some of the candidates’ personality traits. These tools evaluate a jobseeker’s suitability for the role by scanning their soft skills using natural language processing and analytics.

Furthermore, you can access all the interviews in one place, meaning that it will be easier for you to scan and compare candidates once the interview process is over. 

4. AI Is Assessing Cultural Fit

Remember how we mentioned bias earlier? Well, the truth is that people are biased, and sometimes that can become a challenge, especially when it comes to a cultural fit assessment in the hiring process. Using AI can come in handy when you want to determine whether a candidate fits well in with your company’s culture and values.

AI-powered tools allow you to conduct psychological tests regarding certain previous work situations or potential work scenarios and assess a candidate’s cultural fit based on some pre-defined criteria. To maintain true alignment across various instances and prevent discrepancies, this step can be carried out on a hiring platform, gathering all results and again, shortlisting the best fit for your open position. 

5. AI Is Providing Ongoing Support and Development

Candidate experience also plays an important role in employee retention, so ensuring that the recruitment process goes smoothly is also something hiring teams should think of. AI-powered tools can also ensure that candidates receive the support they need during the process.

Once your AI program finds and contacts candidates, it can quickly and effectively guide them through the hiring process. AI-driven chatbots can instantly respond to candidate inquiries, offer concise feedback, and suggest future actions. Moreover, even after someone is hired, you can still use AI for evaluation, as it’s a good tool that lets you program tests and further assesses your employees’ skills.

And since technology is constantly evolving, look out for new features that might help you find the best candidates out there!

Bottom Line

Even though all hiring processes need human input, relying on technology-powered tools can help you find and keep the right talents, which is becoming increasingly difficult. The job market is constantly evolving and changing, so you need to adapt your strategy to be more efficient, more cost-effective, and provide faster results.

GabiLabs’ AI-powered tools can help better your recruiting process and provide different features for resume screening, talent ranking, communication, and technical assessment. Get in touch with us to learn how the power of AI can transform your hiring process with GabiLabs!