Businesses of all shapes and sizes are using AI-powered solutions to gauge market demands, interact with customers, create and test marketing strategies, and facilitate myriad other applications. Artificial Intelligence (AI) has enabled businesses to streamline their workflow, breed efficiency, and enhance productivity by automating mundane, repetitive tasks. In many areas, this has helped businesses reach more reliable and consistent results while keeping costs down.
Recruitment and workforce management are now being seen as areas where AI can be a difference-maker now and in the future. More and more businesses are waking up to the charm of AI-powered solutions to assist with recruitment and retention. Industry leaders and top HR professionals think, for good reason, that AI can be a great help with talent acquisition.
Let us take a look at some of the ways that the hiring process and all its facets are changing with the advent of Artificial Intelligence.
Engagement Before Application
For most people, the quest for the right job begins online. This provides businesses a unique opportunity to engage potential employees even before they apply for a position. Research indicates that a large number of employees build a relationship with the employer before being hired, either as a customer or by following the business on social channels.
This is where employers can leverage AI to ensure that they provide these relationship-building opportunities and help create the right foundation. With AI-powered tools that help with predictive analysis, communication, and automated campaigns, businesses can:
- Share working experiences of current employees on social channels
- Start conversations about their brand through social posting
- Engage directly with potential employees through automated outreach
Building a Strategy for Talent Acquisition
For long-term success, every business needs the right people. A robust, effective strategy for talent acquisition can be a crucial part of future success for most businesses.
Being able to predict the success of particular employees is an asset that businesses can benefit from greatly and this is where AI can come into play. Solutions that leverage artificial intelligence can take a look at important data points about employees that have succeeded in a specific position. These can then be analyzed to create profiles for future candidates for those positions.
Using solutions from companies like SkyMind, employers can automate a process that takes a look at candidate qualifications, educational histories, work experience data, and other important factors to provide targeted suggestions for the HR department before a hiring initiative. Candidates selected this way would have a better chance to go on to become top performers.
This way, employers can build a successful talent acquisition strategy that predicts future performance.
Streamlining the Hiring Process
Commencing communication with potential candidates often marks the start of the hiring process. This communication can involve processing several questions and responses that are repetitive and redundant across multiple candidates.
Using AI solutions to expedite this process can give employers the means to save both time and money while streamlining the hiring process to a great degree. With the help of chatbots that leverage natural language processing, a high volume of candidates can be processed without the need for human interaction. This can increase the speed of the process and keep costs down.
This is why employers can make use of tools such as AllyO or Wade&Wendy to start processing candidates, create a list based on basic criteria, and deliver that list to hiring managers for further processing. Opportunity costs can be reduced and the employer can have speedier access to the requisite human capital.
Proper onboarding can play a key role in successfully integrating a new recruit into a business. This is the stage where the first rudiments of working experience can start to form. Problems during this phase have often led to more serious problems in the future, including employee turnover, attrition, and lack of job satisfaction.
Using artificial intelligence can simplify and streamline this crucial onboarding stage of talent acquisition. Onboarding tools that leverage AI, like the ones developed by Talla, can provide new employees with a valuable resource they can use for every need.
A large part of making a new employee feel welcome and comfortable is to anticipate the kind of information they might require and find a way to provide that information while minimizing confusion and red tape. An automated system negates the need to contact the HR department for such matters and instead leverages AI to provide quick, ready answers.
The HR department can operate with renewed efficiency when employers leverage AI in their hiring process. The hours that can be freed up through the use of these tools can then be used for more important endeavors that require human emotion, compassion, and creativity. This can also establish a transparent, unbiased approach to finding and hiring the best candidates that most modern employers strive to implement in their businesses.
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