Artificial Intelligence is Changing the Way We Hire In The New Normal

The use of artificial intelligence (AI) in the hiring process is a gamer changer for organizations.

AI in HR helps not only shortlist and recruit the eligible candidates but also enables HR managers to track the quality of their hire.

Covid-19 has forced businesses to rethink every element of their day-to-day HR operations.

Traditional recruitment processes and systems often lead to hiring candidates who are not a perfect match for an organization. Hiring the ideal candidate is always a challenge for recruiters and managers. Another problem that HR professionals often face is managing the existing employees well and improving their performance. As a result, recruiters are now leveraging technology to automate tasks and increase their productivity. Artificial intelligence is a technology that has gained tremendous popularity in the recent years. AI has applications across numerous industries. AI’s global market share is expected to reach US$59 M by 2025. This statistic is a sign that all industries, including recruitment, must embrace AI to stay future-proof. Changing the hiring process by using AI for HR will lead to an overall improved work process.

The Role of Artificial Intelligence in The Hiring Process

Artificial intelligence can be used by industries to improve the way they hire candidates. AI operates on algorithms provided to them. These algorithms make scrutinizing through a plethora of resumes, in search of the perfect candidate, easy, when compared to the traditional hiring pattern. Apart from this, AI can act as chatbots for communicating with a candidate and can schedule a meeting or an interview with them. AI can also assist organizations by predicting how well a candidate will perform and the likelihood for her to absorb the company’s work culture. Biases often mar the entire hiring process. With AI’s intervention in the hiring process, candidates can rest assured that they won’t suffer any prejudices in the process of getting hired. With such innovations in technology, AI for HR is an application that holds the potential to change the way we recruit.

The Role of Artificial Intelligence in the Retention Process

Another common problem faced by recruiters is retaining employees. For this, HR teams need to ensure that every employee in the organization is content. With AI for HR, mapping employee behavior becomes easy for the recruitment team. With the right AI tools, HR executives can set goals for employees and monitor employee performance.

Furthermore, AI assists in determining what can be the best steps for improving an employee’s performance when they are underperforming. AI can suggest whether an individual requires intense training or just the right feedback. Besides, authorities can use AI to determine when an employee’s performance cannot be improved any further and that relieving them would be the best move.

AI is changing and affecting everyday lives in numerous ways. Recruiters can transform their hiring process with the help of this technology. As technology does not discriminate, candidates can expect a bias-free selection environment with the advent of AI.