How AI Powers and Optimizes the Recruitment Process
9min read / 25 Jul 2022
Recruitment has always had its challenges. It is expensive, time-consuming, and it can be hard to find the right candidate with the right skills for open positions. However, your team can get ahead of the curve using the latest AI technology throughout the recruitment process to find, screen, and secure the best talent in your industry.
We’ll share with you how to develop your recruitment process to save time and resources while using advantageous AI methods to discover talent that might otherwise go unnoticed. You’ll learn how AI is transforming and enhancing the recruitment process, so you’re getting the best talent in a systematic way.
Why You Should Enhance Recruitment Efforts with AI
You already know that recruiting is difficult. Rather than repeatedly trying the same thing, it’s time to revolutionize your recruitment process with AI. Every aspect of recruiting improves with updated processes, but these are the most significant benefits you’ll see.
Improve Recruitment Process Efficiency
AI-powered candidate sourcing allows you to integrate your keywords and ideal candidate match points with its search tools.
As the applicant tracking system searches social platforms, job boards, and other integrated sites, it will pull the top candidates for further screening and review. This allows faster sourcing and overall process efficiency improvement.
Improve Job Acceptance Rates
Even when you find the perfect candidate, they don’t always accept the position. Many recent hires state that transparent communication and a straightforward recruitment process helped them decide to come on board.
AI recruiting tools enable you to deliver this experience to all candidates and hire more excellent talent through fast and automated updates.
Increase Team Diversity and Inclusion
Artificial intelligence tracks data from all candidate sourcing and recruitment efforts. You can reduce the effects of human bias in your recruitment process by setting specific hiring metrics and reviewing aggregated data through AI-powered tools.
Additionally, you can utilize automated candidate matching to align internal and talent pool individuals with potential positions to round out teams.
Stand Out in the Job Market
The best candidate for any open position will likely be selective about what job they accept. Modern applicant tracking systems powered by AI recruiting tools ensure you quickly connect with top-qualified candidates to link them with the right jobs.
Finding candidates faster through this process ensures you stand out as an early option and get ahead of other companies.
How AI Helps Through Every Step of the Recruitment Process
Recruitment is a challenging part of business, but it doesn’t have to be. Using AI tools to improve your recruitment process at every point will grant you the benefits discussed above.
Step 1: Preparing to Hire New Talent
As you prepare to hire new talent, you’ll be working to define the perfect candidate, decide how to find that candidate, and determine what metrics you will use to gauge their fit with your position. There are many factors in play between “hard” metrics like experience and “soft” ones like culture fit.
AI-powered predictive analytics will help your team set realistic expectations for your market, positions, and business needs. From assessing the probability of finding a candidate to determining a competitive salary for the job, AI-enabled tools help begin the recruitment process.
Step 2: Sourcing Talent
Sourcing talent is often time-consuming and expensive as recruitment teams want to find as many candidates as possible. This is one of the most intensely improved areas when implementing artificial intelligence in your recruiting process.
AI-powered tools harvest resumes from popular job boards while also searching talent pools internally for ideal candidates. Intelligent matching highlights similar candidates to those already selected, and the smart ranking also ensures no experience options are missed.
Step 3: Screening Candidates
Not every applicant is going to be a good fit for your position. Screening, especially with many applications, is labor- and time-intensive. However, it’s an essential and critical part of recruitment, so it’s hard to imagine how to further streamline this process.
Patience and interviews will be necessary, but AI-enabled screening can jumpstart the process. ATS tools in the Oorwin system rank candidates by your chosen metrics such as skills or experience.
You also have the option to enable AI chatbots that pre-screen potential matches, further eliminating candidates that don’t fit your business needs. With AI-powered matching your team screen and rank candidates more efficiently than ever before.
Step 4: Selecting Qualified Candidates
Interviewing all potential candidates is next, once you’ve narrowed down your list. Resumes only reveal part of the story – your next job is to determine if their skills, experience, and characteristics make them an appropriate hire for the open position.
While interviewers need to be insightful with their questioning and analysis of each candidate, enhanced technology can still assist in this process. Customized applicant tracking workflows enable your team to set up guidelines for your recruitment process so the streamlined experience doesn’t leave anything to fall through the cracks.
Step 5: Hiring Top Talent
Finally, you’ll want to hire the best fit for the position. All the effort put into sourcing, screening, and selecting applicants will not go unused.
AI-enabled recruitment tools monitor these selections and which metrics were most important, allowing the recruitment process to improve each and every time a new hire occurs.
Step 6: Onboarding Your New Hires
Onboarding new hires includes orientation, training, integration with the team, and much more. Every organization should have a detailed onboarding process, which can be included in your customized recruitment workflow.
Recruitment cannot be successful if these hires quickly leave their new positions. The information learned through the recruitment process should be tracked and applied appropriately during onboarding.
AI-powered search tools allow recruitment teams to quickly apply anonymous feedback gathered from applicants and new hires. Don’t miss out on this chance for constant improvement.
Start Saving With AI Today
Recruitment is critical to success. Failing to improve the recruitment process with modern technology creates a money pit filled with labor and lost profits. Improving the hiring process compels candidates to choose your company in a competitive job market. Why let resources go to waste?
Be smart with AI-powered recruitment tools. Request a demo with Oorwin today to see how we can help you customize a complete Applicant Tracking System for your recruitment needs.
5min read / 3-Aug-2022
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