AI recruitment guide: All HRs need to know about AI in recruiting
AI sourcing tools are now mainstream in the HR and recruitment landscape. And it is not only the big-tech players who rely on AI sourcing today.
Reports by the HR Research Institute indicate that 96% of HR managers already feel that AI has immense future potential in terms of acquiring suitable talent, while 55% of them feel that it will ultimately become a regular component of the process of recruitment within five years . Reports also indicate how companies in almost every business segment are scaling up their investments in HR and recruiting software, with 9 out of 10 worldwide entities already using AI for HR needs in one way or another . At the same time, 63% of professionals engaged in talent acquisition have stated how AI has completely revolutionized their organizational recruitment playbooks .
AI has already transformed the day-to-day duties of a recruitment manager, and with immense competition to recruit the best talent, companies need suitable recruiting software and other recruitment tools in order to stay reasonably competitive in the current scenario.
In this guide, we are going to cover the nuances of AI-based recruiting, how it helps companies, salient features, and its implementation basics. We will also delve into how to choose an AI recruitment tool to help you make an informed decision.
What is AI recruitment?
AI recruitment means deploying artificial intelligence throughout the recruitment process. This includes automatic candidate screening, assessments, and communication management. AI can streamline, automate, and simplify various aspects of the recruitment blueprint, process, and workflow. This helps HR managers to focus on more efficient hiring and relationship-building.
There are huge opportunities and benefits to adopting AI sourcing tools and other recruitment applications, as these recruitment tools help companies hire skilled candidates at speed and scale while eliminating human biases. But before we get explore ways AI can help in recruitment, let’s see how such a platform works.
Now that you know about AI-based solutions, an obvious question would be – how do these platforms really work? There are numerous recruiting software solutions and other AI sourcing platforms that are available today.
How does an AI recruitment platform work?
These platforms typically have the following features to help recruiters off-load tasks:
- Sourcing candidates automatically from diverse online platforms
- Scoring and ranking of candidates against open jobs using AI
- Consolidating talent from all sources into one list
- AI-based and automated interactions and messaging, including chatbot
- Automated scheduling and screening of candidates
- Integration into applicant tracking systems through open APIs
In general, AI recruitment software aims to automate repetitive manual tasks and also help make a faster, more informed decision where a great amount of data is involved. But there’s more to it than only automation and simplification of various tasks.
Let’s now learn more about how AI sourcing tools and similar AI-based recruitment tools are revolutionizing recruitment procedures.
How is AI revolutionizing the recruitment process?
Experts feel that Augmented Intelligence is where AI will ultimately take recruitment into. This is based on the premise that technology cannot completely swap human abilities; rather, technologies will be built to boost human efficiencies and aptitudes.
As already mentioned, AI recruitment tools will automate repetitive tasks and help harness data smartly. Here’s how:
- Recruiters now have more time to focus on hiring strategies, spending time with candidates to understand them, and swiftly closing out workflows.
- AI is revolutionizing the procedure by automating tasks like sourcing candidates through multiple channels.
- Automate the paid matching of jobs and talent
- It is also automating multichannel communication and interactions,
- It is also ensuring that human bias is eliminated along the way while personalizing recruitment (based on company strategies) in a way deemed impossible earlier.
Various ways to implement AI in recruiting
Now that we understand the basics and benefits of AI Recruiting, let’s see how do you implement AI in the recruitment process.
Here are some major ways in which AI recruitment tools can be implemented at various stages of the recruitment process:
Automated candidate sourcing, resume screening, interviews, scheduling, and communication saves the bulk of HR managers’ time, freeing them up to focus on other meaningful jobs. Companies can automate all lengthy and repetitive tasks in the procedure while cutting down the time-to-hire.
Hire quality is now better, with AI making it easier to leverage available data for actionable insights while helping companies match candidates to specific keywords, requirements, and other aspects. AI enables personalized flows, with dynamic communication, job recommendations, similar openings, locations, and more for candidates. It personalizes the entire system of job sourcing, pathways, and referrals for employees, while for recruiters, it builds a personalized candidate pipeline with matching compatibility and abilities for roles.
Data Insights generated by AI recruitment solutions help devise strategies faster, hire better, and find suitable talent quicker. Companies can tap into suggestions, and recommendations, understand candidate personas, get pipeline trends, and rediscover qualified and existing candidates in the pipeline with insights.
AI completely does away with biases in the hiring procedure, which is vital for organizational commitments toward inclusivity and diversity. Scoring candidates based on organizational aspects takes their experience, skills, and other attributes into account without any other bias-oriented factor.
Types of AI recruiting tools
No one size fits all when we talk of AI-based recruitment tools. Below we explore the same:
These are software solutions that completely automate the resume-screening process via AI and deploy it for existing company databases. The software keeps learning about candidate movements, types, and successful and unsuccessful employees based on their tenure, performance, and turnover rates and learn about current employees’ existing skills, experience, and other attributes. These insights are then deployed for finding new applicants, grading, and shortlisting the best ones.
These solutions may also tap into public sources of data about candidates’ earlier employers, social media profiles, and more. Intelligent screening solutions integrate with company ATS (applicant tracking systems) while keeping the workflow intact.
Conversational AI solutions help in personalizing communication with potential candidates to enhance their overall experience. They take care of automated messaging, recommendations, dynamic content, and other personalized conversations via Chatbots. Natural language processing and understanding are used for gauging candidate questions and the intentions behind the same.
Chatbots are steadily becoming indispensable for recruiters, ensuring interactions with candidates in real time and can be personalized as per company requirements. These greatly contribute towards superior candidate experiences, with prompt responses after applications and consistent engagement.
Software solutions are now enabling AI-based video interviews and other assessments. The software analyzes speech patterns, words, and expressions to gauge the candidate’s suitability for the company and work culture.
How does AI help diversity and inclusion?
Diversity, Equity, and Inclusion are now major priorities for companies. The need to build a bias-free workplace with equal representation across communities is growing stronger by the day. With AI-backed scoring and screening systems, companies can eliminate human biases and create a fair and transparent recruitment procedure, based only on the merits, skills, and aptitudes of candidates.
How AI recruiting tools are changing an HR manager’s role?
HR managers can now strategize better with data-based actionable insights and pipeline trends generated by AI. They no longer have to spend time on communication, scheduling, sourcing, and other administrative tasks. Here are three ways in which their roles have transformed-
Proactive and efficient are the keywords for HR managers today, as AI gives them all the insights and suitable time for deploying hiring mechanisms.
HR managers now have more time to focus on building relationships with candidates who are the best fit, determining whether they are suitable for the organization or not. This also enhances the candidate experience by a great deal.
Syncing with hiring managers
Recruiters now use AI-backed KPIs and other visuals, including quality of hire, for syncing with their hiring managers and other personnel with regard to desired outcomes.
What are the challenges of AI recruitment tools?
Every good thing is not without its fair share of challenges. Here’s looking at how AI recruiting software still has a few road bumps on the journey ahead.
Bulk data requirement
AI will always need data in ginormous amounts in order to successfully understand and replicate human intelligence. AI backed by machine learning will require sizable data for learning how to assess, and screen resumes. In addition, the quality of data would also matter as to direct the AI in the right direction.
Eliminating human bias
AI may be able to help lower bias throughout the recruitment mechanism. However, it may end up learning about human biases as well. While algorithms may extract patterns and insights from huge data sets for making predictions on the basis of these analyses, it may also be vulnerable to any earlier biases.
Slow adoption of technology
HR managers and professionals are also slower on the uptake at times, especially with regard to adopting AI tools and solutions. A few still remain on the fence about integrating AI into the recruitment process. This is still a barrier that remains to an extent.
How to choose the best AI recruiting tool
Now that you understand the various aspects of AI recruitment and should be interested in testing one out, how do you choose the best AI recruiting tool for your needs?
You should look for a one-stop solution, i.e. software that not only screens and sources (AI sourcing tool), but also takes care of your insights, video interviews, chatbot-driven communication, and other recruitment tasks. This is because multiple solutions for different tasks may create confusion and inconvenience in usage. You also need something that syncs neatly with your existing systems without creating a major disruption.
HR managers the world over are realizing the importance of using AI-based recruitment tools. Better recruiting is synonymous with AI-based tools which help streamline repetitive and administrative tasks, freeing up managers to focus on relationship-building. AI can help target company DEI goals while eliminating biases in the hiring process. The tools ensure quicker sourcing of candidates with automatic scheduling and appointments. Real-time communication via chatbots also improves candidate engagement. From personalization to cost savings, AI recruiting is the way to go.
Solutions like Arya by Leoforce are revolutionizing the whole dynamics of the space, enabling HRs to take care of sourcing from 50+ channels and automating engagement via personalized chatbots. It also streamlines and simplifies the entire process from live assessments to screening and adhering to diversity, legal and other compliances.