As businesses grow, their need for unique talent grows as well. Since the beginning, recruiters have been managing all the responsibilities needed for this grueling process. Pushing out job openings, filtering out applicants, conducting interviews, and keeping in touch with potential candidates.
AI recruiting, as the name implies, utilizes artificial intelligence in the hiring process to automate repetitive and time-consuming tasks. AI can also provide data-driven insights, helping recruiters with strategic decision-making and building solid relationships with their applicants.
Keep reading to discover how to use AI in recruiting, how it works, and the benefits you can gain from using this approach.
How AI Recruiting Works
The process of AI recruiting involves the usage of machine learning algorithms and data analytics to streamline most stages of the hiring process. AI tools can efficiently screen resumes, making sure recruiters only see those that really match what they’re looking for. They can also provide personalized interactions and valuable data insights that can transform how HR professionals interact with applicants.
Contrary to what most people think, the goal of integrating AI in recruitment isn’t to replace recruiters but to help them make their jobs easier. The benefits gained from using AI not only allow them to make more informed decisions, they also allow them to engage with candidates more clearly and effectively.
The Benefits of AI Recruitment
Integrating artificial intelligence into your recruitment efforts provides a lot of benefits that will save you time, money, and effort in the long run.
Efficiency and Time Savings
As mentioned earlier, integrating artificial intelligence into your recruitment process can help you avoid repetitive and time-consuming tasks through automation. The best example of this is how some AI systems can quickly sift through thousands and thousands of resumes, effectively identifying candidates that match the job requirements you’re hiring for. While a human will often take hours to do this, AI tools can do this in mere minutes.
You can leverage recruitment software for SMBs to analyze resumes and identify key skills, qualifications, and experience. You can even set them to search for specific keywords to really narrow down your search.
Better Candidate Experience
The process of AI recruiting, when done correctly, can improve a candidate’s experience. Some AI tools can provide timely and personalized interactions based on the data you’ve gathered and the criteria you’ve set. Chatbots, for instance, can engage with candidates in real time, answering questions they might have, providing updates on their applications, and conducting screening interviews.
Quick responses and personalized conversations can keep candidates engaged and informed throughout their hiring process, even if you’re off the clock.
Data-Driven Decision Making
By analyzing various data points from many different sources, artificial intelligence can provide you with valuable insights to help you make objective and informed decisions on which candidates to contact. These insights can help you know more about the pool of applicants you have, predict hiring outcomes, and pinpoint potential challenges during the process.
Some AI tools can even coordinate with candidates when scheduling subsequent interviews based on both their and your available hours, removing the need for back-and-forth emails. This process makes it smoother not only for the job applicant but also for you.
Reduced Bias When Screening
Thanks to AI’s logical approach to problems, it has the potential to minimize human biases in recruitment. By focusing solely on candidate qualifications and experience, you can rest easy knowing that you’ll get only the best talent for your efforts.
You can even take this a step further by removing identifiable information from candidate resumes including names and photos during the initial screening. This allows you to ensure a fairer evaluation process, ensuring that your organization gains a diverse pool of employees.
Over-Filtering of Candidates
AI recruitment tools, if not implemented properly, may end up filtering out candidates whose resumes don’t match specific keywords but otherwise still have the potential. That’s why it’s important to use it as a support tool, not as the sole decision-maker when choosing applicants.
You can optimize job descriptions and resume parsing as well, including synonyms, related skills, and industry variations. Marketing managers, for example, can be classified as brand managers or digital strategists on their resumes. Don’t forget to also conduct regular audits on your AI’s decisions so you can adjust its selection process if you discover it filtering out strong candidates.
Challenges You Might Encounter With AI Recruiting
That said, there are also challenges you may or may not encounter once you’ve integrated AI into your recruitment process. It’s best to know what they are so you can be better prepared for them:
Maintaining a Touch of Humanity
Artificial intelligence can handle many different tasks, yes, but the human element is highly essential during recruitment. Replacing your team with artificial intelligence is not how you should use AI in recruiting. Rather, it should be used to support your approach to recruitment.
Existence of Flawed Data
AI relies heavily on data to function effectively. This means that quality data will do wonders for your recruitment process. However, this also means that the existence of inaccurate or biased information will lead to flawed outcomes that will jeopardize your hiring operations, which is why it’s important to ensure that the data you use to train AI is accurate and free from flaws.
Ethical Considerations
The implementation of AI can raise plenty of ethical questions, especially in areas of privacy and transparency. In order to comply with regulations, you have to make sure that you are transparent about how you use your AI for your hiring process to avoid any legal troubles in the future.
Find the Right AI Recruitment Tool to Get the Job Done
When it comes to AI-powered recruitment tools, you have plenty of options. From applicant tracking systems to social media recruitment software, your choices are endless. You can also try out our free recruitment software to see if it works for you!
If you’re curious about learning how to use AI in recruiting or checking out the services we offer, get in touch with us at Skillfuel.