A few years back, there was a lot being said about how automation was going to cause a sizable segment of the human workforce to become obsolete. One report estimated that AI would replace 47% of jobs. While AI is changing the employment landscape, we now realize that AI is also responsible for creating positions and enhancing productivity across multiple industries.
One area of business operations that is currently shifting due to advancements in AI technology is recruitment. Nearly half of employers in the United States claim they struggle with finding employees with the skills they need. Hiring managers and recruiters have the difficult challenge of pouring through piles of applicants, in hopes of finding the one that’s everything their business needs.
AI has the potential to streamline, and possibly redefine, how businesses across all industries approach recruitment. Here are just a few of the ways AI is changing the recruiting game today.
One of the biggest challenges for recruiters is pouring through a seemingly endless stream of candidates. Most recruiters have this process down to a science and narrow down the candidate field based on a few generic factors. This eliminates a lot of unqualified candidates, but there’s also a chance of missing out on the perfect candidate because they didn’t fit the mold.
With AI technology, recruiters can narrow candidates based on a wider set of qualifications and traits that align a candidate with available positions. Recruiters are presented with the most qualified candidates, including ones that may have otherwise slipped through the cracks, all without placing further burden upon their workload.
Elimination of Biases
Whether we want to admit it or not, it’s human nature to form biases. While recruiters may try to keep personal biases away from their selection process, they often still manage to find their way into the hiring process. One of the key advantages of AI technology is it looks past the biases that we as humans form and focuses only on the details that really matter.
Prediction of Traits for Success
How much money does your business spend on recruiting and hiring? For most businesses, the onboarding process is a major expense, and one that’s entirely worth it when the new hire turns out to be a shining star on the team.
Unfortunately, new hires don’t always work out the way you hope, no matter how much effort you put into the vetting process. AI technology has a far-reaching scope that can look at details that better predict the potential of job success for each individual candidate.
The Strategic Staffing Resources You Need Today
A strategic approach to recruitment is a necessity for businesses today. With so many new applicants flooding the market, you need an approach that zeroes in on the most qualified candidates and places them at your door. We’re here to provide you with the staffing resources that eliminate the pain points of recruitment. Reach out to us at PMO Partners today to learn more.