The growth and advancement of technology is a never-ending process. Hiring is one of the toughest issues most businesses face today. Finding the right talent can really be chaotic and not having the right employee can be expensive. Technology has always stepped up in solving various problems of humans and so the recruitment was never an exception too. Speaking specifically of the world of hiring, there was once a time when recruiting was manual. Then as technology improved, came in recruiting software like Applicant Tracking Systems which automated the whole recruiting process. And now in 2018 and the probability for the next decade, Artificial Intelligence will most likely take over the world of Recruitment and Human Resources by a storm.
Artificial Intelligence is the next big change that is supposed to happen in the hiring world, a change that can make recruiting more efficient and accurate and above all, easier. Where 2017 was just about blog posts and articles covering AI, as the year passed more and more recruiting software seemed to make use of AI in some form or other. AI has the complete expected potential to make hiring valuable and right candidates an easier and quicker process. With AI assisting recruiters in the hiring process, it gives them more time to focus more on hiring the right person than the tasks necessary to make it happen. In the next few years, Artificial Intelligence is most likely to dominate the space of HR and recruitment.
Let’s take a look at 5 ways in which AI is about to transform the world of hiring-
1. Machines Doing The Matchmaking For The Best Fit:
The greatest challenge in the hiring process, from the very old times, is the task to build the bridge between the best possible candidate and the required position. It’s a misconception that with greater access to relevant data of the candidates, recruiters are in a better position to hire better. The main problem is that too much information is indigestible for humans. That’s where the Paradox of Choice sets in.
Artificial Intelligence can effectively improve the odds of creating a perfect match between candidates and job positions by the implementation of algorithms and predicting the most relevant jobs before showing them to job seekers. AI will be able to fill the gaps between the job opening and the relevant best fits by not only the resume and application but by the accurate judgment of the candidates by their social presence too. In a nutshell, with AI the journey from a job opening to the best fit is going to get minimized.
2. A More Thoughtful And Humanly Hiring:
Doesn’t matter how far technology goes with hiring, the human element is never going to leave recruiting. The whole recruiting process has somehow lost its touch of humanity mainly because of the stress and competition that both the recruiters as well as the job seekers go through. But with more advanced technology and more and more businesses channeling the recruitment responsibilities to AI, the stress and sense of competition may reduce among recruiters and they can have a more human time. Recruiters who would truly master the AI recruitment tools will definitely have a huge advantage over the competition. AI will help recruiters bring humanity back to the recruiting practices. AI will improve a lot of things but above all, it will improve the efficiency, scalability, and consistency of the recruiting practices which will open the doors for recruiters to return to their deepest core of humanity and have a thoughtful hiring.
3. AI For Screening And Assessment:
Screening and assessing resumes are the most crucial and stressful task in the whole recruitment process. Screening most likely relies on resumes and resumes are considered as both, a blurred picture of the candidate’s achievements and capabilities and an indirect report of a candidate’s skills. Many companies are coming up with new techniques of screening by generating situations and engaging tests to assess candidates on various tasks they’re going to have to do on the job.
The new technology effectively inclusive AI would give recruiting and HR professionals an insight into how a potential employee would perform under a given circumstance and certain jobs and tasks. This would completely eliminate the difficulties that recruiters face in screening and streamlining job applications and resumes even with an ATS.
4. No Room Left For Unconscious Hiring Bias:
Companies while recruiting have a huge amount of data that they use for trying to recruit the best fit for each position and as the world of business is growing, this database is getting more and more huge and diverse. Amidst of all this, the recruiting process, however, is still stuck in the past where recruiters judge the candidates on the basis of their CVs and resumes and form their opinions which are most likely and potentially biased and companies suffer a lot due to this biased culture. The machines and AI technology taking over and not only sourcing but also screening the job applications is a great way to overcome the unconscious biasing that takes place during recruitment. AI has the full potential to become a tool and not a threat.
5. Automated Interviews With AI:
The interview is the most hectic and tricky step of the recruiting process. Not only it is a big deal and a lot to handle for the candidates, but for the recruiters too, if not strategized properly, interviews can turn into a really bad nightmare. A bad interview can generate a negative candidate experience which is disastrous for any company. Modern recruiting tools and software like Applicant Tracking Systems were able to effectively schedule interviews and send notifications and messages to the shortlisted candidates automatically. But as AI would step in the arena of hiring, with various advanced technologies like facial recognition software that is able to record and identify facial expressions will not only schedule an interview but actually conduct it. With AI, interviews are expected to be automated totally, making the lives of HRs and recruiting managers way too easy.