How Artificial Intelligence Can Improve Your Candidate Search

Artificial Intelligence (AI) and Machine Learning (ML), you must be hearing these two terms a lot as they are changing business practices and workplaces. When it comes to the hiring process, most recruitment agencies struggle with finding and maintaining the database of right candidates. However, AI and ML can help reduce these inefficiencies to a great extent.

Before proceeding further, let’s understand what is Artificial Intelligence and Machine Learning because the more you know about these two terms, the better you can use them.

What is Artificial Intelligence?

Artificial Intelligence (AI) is a branch of computer science concerned with building smart machines or computer-controlled robots capable of performing tasks that require human intelligence. Reactive Machines, Limited Memory, Theory of Mind, and Self-Awareness are the four types of Artificial Intelligence.

Here are a few examples of AI…

• Self-driving cars
• Siri, Alexa, and other smart assistants
• Conversational bots
• Robot advisors
• Email spam filters, etc

There are many examples of AI that everyone is using via their smartphone or smart device. Moreover, technology is already having a significant impact on the way companies are managing their operations. At times when time is money, companies look for speed and efficiency that nobody could match.

What is Machine Learning?

Machine Learning (ML) is the study of computer algorithms and is an application of artificial intelligence. The algorithms build a model based on sample data or training data to make predictions without being explicitly programmed to do so. In simple words, it is like transforming machines into thinking devices.

Here are a few examples of machine learning…

• Data security
• Automate trading and provide financial advisory
• Analyze massive healthcare data
• Fraud detection
• Develop AI recommendation engines

Though machine learning as a concept has been around for a while, it gained immense popularity for the last few years. It can solve problems at a speed and scale that cannot be matched by humans. Data is key in machine learning and provides the foundation for AI systems that automate processes.

How Artificial Intelligence (AI) Can Help in Candidate Search…

Artificial Intelligence has been a buzzword for a few years and it is also all set to change the way most organizations work.

• Streamlines the Recruiting Process: AI can help recruiters automate the entire selection process while streamlining everything. It automates interview confirmation emails, and screen and rank candidates faster.

• Removes Unconscious Bias: Since AI-based screening is algorithm-driven, there is no scope for any unconscious bias. It helps remove bias caused by names, university names, locations, photos, and other discriminating factors.

• Pulls Better Resumes or Applications: AI can do the heavy lifting of selecting the best resumes, making the process easier for the recruiter. This can help the recruiter call quality candidates for higher positions.

• Improves the Response Rate: AI can improve the response rate between the recruiter and the job seeker as the entire process is automated. With the right AI tools, both recruiters and job applicants can find genuine candidates or job seekers.

• Tracks and Prevents Fraud: Frauds in the hiring process have become extremely common but with the use of AI tools, they can be identified and prevented. It can identify potentially fraudulent recruiters or job seekers.

• Makes Applicant Screening Efficient: In screening, data may be varied and requires time to find the right applications. A machine learning program can learn rules or patterns such as skill models, specific industries, education, location, etc.

• Adds Intelligence to Online Interviewing: In online video interviews, it can be difficult to catch fine points such as facial expressions, gestures, etc but this is not the case with AI. AI tools can analyze all details that would otherwise be overlooked by humans.

• Provides Foundation to HR Bots: The increasing use of chatbots makes it important to use AI as the foundation. In HR, bots are used to handle repetitive questions and make use of other talent acquisition tools.

• Saves Money Over Traditional Methods: The speed and efficiency of AI-enabled applications help recruiters save money. The talent acquisition software reduces the cost per candidate and brings real cost savings to an organization.

• Helps Identify the Best Candidates: AI can help find great talent from the massive database by enhancing the job description. It works by using the most appropriate keywords across job boards and using the exact title for describing a job.

• Automates Search, Selection, and Interview: From search to selection and interview, AI-based tools can automate everything and therefore, saves both time and money. An AI program analyses the candidate’s skills, confidence, level of focus, and experience.

A lot of recruitment agencies use AI for recruitment to streamline the hiring process, from search to employment. An AI-powered solution not only supports job search but all you have to do is post job descriptions and it will start identifying the best talent. It will promote job descriptions on various job portals, communicate with candidates, and schedule the interviews. Isn’t it great?

There are AI tools that offer a comprehensive recruitment program and cover a wide range of products. These tools and applications are changing the way companies hire as they can also seamlessly integrate with existing HR systems. Such tools also provide individual assessments of applicants and proactively review new job openings.

The Final Words

Despite the many benefits of Artificial Intelligence, not all companies make the proper use of an automated recruiting process. AI for recruiting technology allows recruiters to hire more efficiently and screen resumes with more fairness. Moreover, AI-powered tools add a layer of talent intelligence to the whole process.

Recruiting and applying for a job are complex tasks for employers and employees. However, technology has made everything easier by providing the right tools that help find what’s right for them. With Artificial Intelligence, you can also streamline the entire recruitment process and find the right talent.

If you want to automate the recruitment process, you can check various AI tools based on your requirements and job descriptions.