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How AI-Powered Tech Can Help Recruiters And Hiring Managers Find Candidates Quicker And More Efficiently

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Recruiters spend an inordinate amount of time searching for candidates. It's a laborious task going through hundreds of résumés, trying to find the right match. It takes time and talent to write effective job descriptions to capture the attention of job seekers, while also adhering to new salary disclosure rules and other requirements.

Hiring managers want to hire the most appropriately skilled candidates as quickly as possible. However, one of the biggest complaints made by job seekers is that the hiring process takes too long. By leveraging AI to source the most suitable candidates more quickly, it will improve the process for all parties involved.

LinkedIn, the social media site owned by Microsoft, has leveraged artificial intelligence for years, matching job seekers with opportunities and making it easier to connect candidates with recruiters and talent acquisition professionals. The platform plans to unveil new ways to integrate generative AI to better help recruiters and job seekers succeed. The rollout will start with a limited number of LinkedIn members in the United States, India, the U.K., Canada and Australia on Wednesday—with plans of global implementation.

The software will serve as an assistant to recruiters, taking care of all the rote and repetitive tasks, like writing a job description. The tool will enable recruiters to spend more time preparing their candidates for interviews instead of painfully sifting through hundreds of unbefitting résumés. After all, if you are a contingency recruiter and you don’t succeed in the placement of a candidate, you don’t get paid.

The life of a headhunter is intensely competitive. They must race against time to find the best candidate before all of their competitors, or the company itself. They don’t have the luxury to “waste time” on menial tasks or people who aren’t a fit. The business model forces a recruiter to become intensely hyperfocused only on potential candidates that meet the job description demands. If search professionals don’t prioritize their time, they will lose out to the competition.

How AI Helps

AI-powered tools are changing the recruiting landscape in the following ways:

  • The advanced technology can identify potential candidates who may not have applied to the job, but have the requisite skills and qualifications.
  • It can screen through large volumes of résumés quickly and efficiently, matching job requirements with candidates' qualifications and experience.
  • AI can use predictive analytics to analyze candidate data, including résumés, social media profiles and online behavior, to predict which candidates are most likely to be successful in the role.
  • Chatbots can provide candidates with immediate help and answer their questions about the job or application process. This allows recruiters to engage with candidates more effectively and save time by automating routine tasks.
  • AI-powered video interviewing tools can be used to conduct pre-screening interviews, reducing the time and cost of scheduling and conducting in-person interviews.

Overall, AI can help recruiters streamline the recruitment process, reduce bias and identify the best candidates for the job more efficiently.

How Companies Are Incorporating AI In Recruiting

Amazon

According to an October 2021 confidential internal document viewed by Recode, Amazon has been working on an Automated Applicant Evaluation system that will determine which job applicants possess the most potential for success. The software searches for matches between the applicants’ résumés compared to current Amazon workers currently in the same type of role. Upon identifying these candidates through the AI tool, the online-retailing giant will then fast-track these candidates for interviews within the white-collar headquarters and warehouses.

Hired

Hired, part of the Adecco Group, one of the largest staffing and talent agencies in the world, offers an AI platform that matches tech and sales talent with top companies. The tech job-matching platform has more than 10,000 companies in its global marketplace. With data, curated matches and higher acceptance rates, employers could save hours searching for potential job suitors.

Phenom

Phenom, a unicorn HR tech company based in Ambler, Pennsylvania, uses artificial intelligence to automate tasks and personalize job searches. The technology can predict and guide job seekers to the roles that fit their backgrounds. Phenom also enables employers to match people with the right jobs. This includes finding on-target talent within their organization and promoting them internally. Its software is embedded into an array of job sites with some of the largest companies in the world. The career-tech company has 300 million users and one million jobs posted in 130 countries.

Beamery

Beamery is an AI-powered, talent-management platform that leverage AI by aggregating billions of relevant data points from across the internet, along with an enterprise’s existing technology, to assist organizations in quickly identifying and prioritizing potential candidates that are likely to thrive at their organization. It also helps with diversity, offers career pathways for existing internal employees and understands the skills and capabilities a company needs to build its future workforce.

HireVue

HireVue offers video interviewing and recruiting automation technology. The company has conducted millions of interviews and has the data to predict the best person for the job. HireVue’s proprietary software enables companies to record videos of job seekers answering a standard set of interview questions. The video interview assessments use AI to transcribe and analyze the candidates' recorded responses to quickly determine whether they fit the role.

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