Transforming Talent Acquisition with AI
According to the Harvard Business Review (HBR), up to 44 percent of businesses are incorporating AI in IT functions, while a further 19 percent use it to anticipate their customers’ future purchases and present relevant offers. Increasingly, however, companies are beginning to see the benefits of artificial intelligence in recruitment, with 96 percent of senior HR professionals believing AI has the potential to greatly enhance talent acquisition and retention, according to Ideal.
Hiring the right people and getting them on board is a major part of long-term business success. Employees are the biggest asset of your company, so having a talent acquisition strategy in place will give you the foundation for ongoing success.
AI has the ability to establish what a successful employee in a specific position has done and look for candidates with backgrounds that match up with those workers. It can identify certain qualifications, educational history, work experience, and other factors that suggest a candidate has the background to emulate the top performers at your organization.
Artificial intelligence in recruitment can significantly improve candidate engagement through improved communication between candidates and employers. According to MYA, a product developed to make recruiting simpler for businesses, its system has averaged “a 9.8 out of ten on overall candidate experience”.
This is because it can provide candidates with updates, feedback, and guidance, as well as answer their questions in real-time.
AI systems can offer new employees a resource to turn to whenever they have questions. Whether they have queries regarding how to sign up for health insurance or where the conference room is, they just have to turn to the intelligent automated system to get an immediate answer instead of calling or emailing HR. It provides a central point to access the kind of information every new starter will require, reducing confusion and leaving workers less likely to feel overwhelmed.
The main benefit of AI in recruitment is that it will save your organization’s HR department time. These hours can then be spent working to solve more complicated issues that require a human’s creativity and, often, emotions.
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