Screening, shortlisting, and selecting a candidate has always been one of the most challenging tasks, especially for employers who are always keen to hire the right candidates for the right position.
Many Recruiters fail to analyze properly the resume of the candidates and end up by losing the opportunity of hiring the real Human Capital needed.
Artificial intelligence (AI) is already revolutionizing the recruitment process by enabling employers to streamline and improve their hiring process.
Now, AI is providing employers with some advantages through techniques and ways to improve their hiring process and to optimize the selection of the right new employee they need.
What are these ways:
Resume Screening:
“AI-powered tools” are now available and can automatically screen resumes and identify the most qualified candidates. This saves time for recruiters and helps them focus on the most suitable candidates.
Candidate Matching:
AI algorithms can analyze a candidate’s skills, experience, and qualifications and match them with the requirements of the job.
This can help recruiters quickly identify the most suitable candidates for the position.
Video Interviews:
“AI-powered video interviewing tools” can analyze the candidate’s facial expressions, tone of voice, and other non-verbal cues to provide insights into their personality and character. This can help recruiters make more informed hiring decisions.
Chatbots:
“AI-powered chatbots” can engage with candidates, answer their questions, and provide feedback on their application status.
This can help improve the candidate experience and reduce the workload of recruiters.
Predictive Analytics:
AI algorithms can analyze data on past hiring decisions and candidate performance to predict which candidates are most likely to succeed in the role. On the short term, this can help employers make more informed hiring decisions, and on the long term, employers can retain the talents and consequently reduce turnover.
Talent retention and reducing turnover are the most important goals in Human Capital Management Strategies, especially for employers who are aiming at building a Wealth of Human Capital to maintain the Sustainable Competitive Advantage and mitigate the risk of transfer of knowledge.
As a result, AI provides a fast and more efficient process that can significantly reduce the time and increase the quality of information, which leads to an optimized decision. This will have a positive impact on both business continuity and improvement and on the moral of the candidate.
Consequently, AI can help employers streamline the hiring process, reduce bias, reduce time, and improve the quality of hires, ultimately leading to a more efficient and effective recruitment process and a mitigated risk of transfer of knowledge.
This Article was developed by Dr. Rebel Hanna, Ph.D. International Business Strategies and in Organizations Management, University Professor, Lecturer, Trainer and International Conferences Speaker, Businessman, Founding Member of Trocadero Forum Institute, Paris, France https://trocaderoforum-institute.org/
Trocadéro Forum Institute (TFI) 