From self-driving cars to digital voice assistants, and transportation to medicine, artificial intelligence is disrupting industries faster than we imagine.
Human resources are not an exception. AI is poised to transform HR tech in a manner where recruitment will be streamlined easing the role of a recruiter.
Several companies use software than goes through thousands of resumes searching for relevant keywords. Further on, potential candidates often get rejected even before recruiters can go through their resume. This has led on to candidates stuffing keywords in their resumes, which does not always yield to a positive outcome for the recruiter as well as the candidate.
A recent LinkedIn survey stated: –
- 58% of hiring managers said artificial intelligence will improve recruitment status
- 56% – technology will cater to the need for screening
- 55% – artificial intelligence will help assist in nurturing candidates for future purpose
With HR tech trends as support, the upcoming future in human resources will improve the performance level and employee turnover.
The changed scenario of AI in recruitment
The popularity of AI grows to an extent where the AI software system can easily get integrated with the existing Applicant Tracking System (ATS). This helps leverage resume data allowing recruiters to conduct an intelligent search.
Now, this intelligent search goes beyond identifying keyword cramming, this also helps scan candidate’s resume data with information that is extracted from the candidate’s public digital footprint.
This is possible with the help of natural language processing (NLP). The resume enricher then scraps information from the candidate’s social media profile or their online working portfolio. This identifies candidates who are doing well in their current job role.
Despite the risks, HR technology will be able to offer significant advantages soon. This especially is crucial for companies that are looking to expand internationally – in pretext to developing strategies for long-term purposes.
Some great development in the HR tech includes:
- Automated recruitment and hiring processes
- Gamification apps
- Enhanced recruitment apps
- Mobile workforce integration apps
- Talent analytics
AI: Buzzword and a Tool
Just like any other business, human resources have considerably explored the adoption of artificial intelligence. One of the forays used in HR technology was the introduction of Application Tracking System (ATS).
AI-based recruitment platform often use natural language processing (NLP), machine learning, and deep learning to parse complex data sets. Despite the sources of candidates’ acquisition, referrals, social media activity, internal database storages or job boards – AI is capable of screening through complex data within a short duration of time arriving with the best suitable candidate.
Thinking AI to be a solution that will help automate recruitment process is perhaps a good idea.
The next-generation HR tech will play a significant role in pivoting the role in the future of HR professionals – talent acquisition and retention.
AI for recruiters will not only save recruiters’ time by automating high-volume tasks but will also improve the quality of hire through standardized skills matching – relevant keyword. By streamlining certain aspects of the recruitment workflow, experts predicted saying recruitment automation might change – recruitment automation for resume screening, recruitment automation for interviews, and recruitment automation for pre-qualification.
Truly artificial intelligence is going to transform the face of human resources.