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October 6, 2017

Thinking machines are not anymore a concept in the science fictions now. Indeed, it is a watershed moment in the recruitment industry. The decisive technology is packed with tons of amazing features that are completely revamping the recruitment industry landscape that was inflicted with many traditional hiring and onboarding practices.

AI represents technology that simplifies the way we do and perform our jobs at our fingertips. Recruitment is no more a monotonous and repetitive job with AI as activities like making phone calls to shortlisting candidates and replying the applicants through emails can be seamlessly done with this new-age technology.

Beyond assisting the recruiters in the preliminary rounds, AI is enabling HR leaders to evaluate the right candidate over analytical skills and other professional traits. So, now we can gauge why almost all the industry verticals are in the spree of adopting AI in their business and HR functions to manage their targets. Hence, AI is becoming a game changer in the talent acquisition sector and has started creating ripples in the field of HR functions. Let’s find out how-

Screening, interviewing, engaging and recruiting the talent

Recruiters on an average spend most of their time in screening, scheduling and interviewing the candidates, where automation can play a key role. In the current scenario, most of us have experienced the inefficiency of corporate job boards, where we sometimes have to wait for long after submitting the resume. Automation through AI can figure out the potential right fit and can engage them soon. The future is not far when the technology helps us of the comprehensive recruiting steps.

Intelligent machines and smart HR softwares like HR-One HRMS and other softwares are fostering quality hiring in tech-savvy enterprises.They are addressing the real pain-point of recruiters and delivering custom made messages to the potential candidates. Besides, being neutral to religion, caste, color, gender, and race; AI is empowering the HR managers to pick up the potential candidates through various job portals and bring the best talent in the organization.

Post offer acceptance and on-boarding

There is always an uncertainty in the time between the offer acceptance and the joining date of the candidate. AI can play a substantial role in engaging and following up with the potential employee to reduce the chance of rejection. It can keep the candidate informed and can answer to the general queries and so on.

While most organizations have exhaustive on-boarding programs to make the new joiners familiar with the company’s culture, processes, vision and policies. It is generally seen that 80% employees forget most of the information shared in a few days itself. With the use of AI, the on-boarding experience can be made more interactive and engaging by providing a 360 degree view of company’s culture, processes and policies.

Enabling Personalized Learning Programs

We know that everyone has different learning styles. AI enables personalized learning programs . It culls out employee information smartly with skill set, experience, behaviors and learning patterns. It can further scale, track or analyze career development programs for each individual as well.

Managing Employee Relations

Employees usually carry both set of queries both complex and modest. Sometimes, it could be simple queries on leaves balance, payslips, insurance or other queries which may not require intensive discussions from the HR team. AI can respond to the most common HR queries in real-time.

Taking HR functions in a different dimension

AI can derive meaningful insights through a large amount of data. It can predict employee engagement trends, employee performance patterns, and give a sneak-peak in organizational productivity and efficiency and other probable issues way before it strikes an organization. The advanced technology also helps in predicting attrition, enabling organizations to take actions before time.

The Road to Enterprise AI

The onset of AI in talent acquisition has completely transformed the recruitment process. The new system of recruitment not only saves the time, money and efforts of the organization, but also leverages them to select the best suitable candidate for your business. In this age of digital transformation, the role of humans will evolve into a much broader and strategic role powered by insights and artificial intelligence. If you would like to have a one-on-one conversations with us about AI and next-gen software HRMS, we’re just a call away.

How AI Is Becoming a Game Changer in the Recruitment Industry

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By HR-One Team
May 10, 2017

Artificial intelligence (AI) and robotics are taking lot of attention lately! These technologies are also disrupting talent acquisition and human resources management. There are companies that are in favor of bringing in robots to work place. But, what does AI means to HR? And, how the HR technology can benefit from AI?

Benefit of AI For HR

HR has more complex data management and analytics than any other department in the organization. With AI, these analytics and data processing can be accomplished in seconds. Below are some benefits that can help you understand how you can embrace the AI strategy in your recruitment process.

Turn Piles of Resumes into Short-Listed Candidates

On an average, every corporate job opening attracts around 250 resumes. Out of these only 4-6 candidates are invited for the first-round of interview. It is further refined and then finally one candidate is selected and offered the job. In a scenario where the company wants to fill 5-6 positions in a month, just imagine how many resumes the HR go through to get the right candidate.

Using AI technology, the above-mentioned process can be handled in lesser time. AI just needs feeding of certain keywords that can help it to scrutinize the profiles so far received for the respective job position. It can easily turn piles of resumes into a short-list of qualified candidates.

The AI technology can help the HR department to focus on resumes that need more attention rather than spending time on dealing with the ones who are not qualified for the position. The entire process can be cut-short with more appropriate results and help the HR to focus on other important chores that are crucial for the growth of the organization.

Chatbot – Say Hello to Your New Friend!

To scrutinize piles of resumes is a tiresome task. On the other hand, it is frustrating for job seekers when they send their resumes and never been contacted by the organization. They keep on thinking day-in and day-out, whether someone has received their application or cared. Implementing Chatbots can improve candidate experience.

There are employers who think that getting a negative candidate experience can also affect the company’s goodwill. But, how to overcome this issue? Well, this is where AI in the form of chatbot can be of a big help! Chatbot can help the candidates throughout the application process. It can also help the candidates by sharing the status of their candidature. The chatbot also helps the recruiters in saving time.

Voila! Now this is what the companies are looking for!

Conclusion     

AI can do the mundane task of sifting through thousands of resumes and shortlisting the ones that match your needs. It frees the HR team’s time to focus more on hiring the right candidates, than just going through a pile of resumes. It also helps candidates get a better experience when coupled with chatbots. Lack of response is a very big frustration for candidates, and negative word of mouth doesn’t help your business when you need quality resumes to go through. A chatbot can do what an automated email cannot – it can establish a conversation and give a personal touch to the communication.

Artificial Intelligence: Meet the Game Changer for Recruitment Processes!

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By HR-One Team