What are the advantages of using AI in recruitment?
In this blog post, you will find out about the uses of AI in recruitment. The professor of Global MBA in Digital Business Lilia Stoyanov explains how Artificial Intelligence can help recruiters in finding their ideal candidates quicker.
Nowadays, recruitment is never a simple Job Ad posting. With the technology reaching its massive heights and the recruiters’ jobs getting tougher day by day, a more prolific approach is sought. The mundane job of resume screening all day and identifying suitable manpower based on more emotions and less logic is curtailed.
With the advent of Artificial Intelligence for recruiting, the process of recruitment is more standardized. Also, the results are promising. Moreover, the approach taken over by the recruiters is changing too.
Recruitment has become more of a relationship-building affair than a candidate filling task. The effectiveness of recruitment is what is expected of a recruitment team. The main HR function is identifying top talent that will thrive in the years to come as ‘’bad hires’’ can be extremely costly both in terms of low productivity and team demotivation. Of course, multiple rounds of interviews shall certainly help you identify promising candidates.
But did you imagine the time taken to accomplish the same? The effect of AI in the recruitment process has surely taken organizations to more powerful levels in terms of business accomplishments and low employee turnover. But, what is it in AI that is helping the firms grow massively?
What is Artificial Intelligence?
The process of identifying the correlations of a huge amount of data by leveraging ML (machine learning) algorithms and predicting the possible outcome to empower the decision-making process is at the heart of AI.
Have you come across the email box smartly discarding the spam emails to the spam folders? You don’t even need to classify these emails as spam each time. It is the user experience the algorithm learns from to do the job automatically.
In a way, it saves you the time of pushing it to the trash box too. Indeed, AI is a smart human-designed approach to ease out your mundane as well as critical tasks. Needless to say, Artificial Intelligence for recruiting saves a lot of time and energy in finding the right resource for your company.
