For any organisation, a strong work force is its back bone. The realisation that human capital — as it is now referred to — is core to an organization’s success, has led to an increased emphasis on effective Recruitment.
One of the greatest challenges in Recruitment though has been in identifying the right candidate among scores of applications. To fill a single position, a recruiter will have to sift through at least 50-60 resumes, which raises the possibility of human error while selecting a candidate.
For this very reason, Artificial Intelligence has been introduced in the field of recruitment to ensure that the right resources meet the right organisation.
Artificial intelligence aims to revolutionize the hiring process by integrating technology with recruitment. As most organizations are often under pressure to hire the right candidate, resumes are merely skimmed through and thorough background verification takes a backseat. By using AI in recruitment, we are now focusing on the longevity of the employee. Recruitment — as a process — is data driven, and by using this data in an effective way, Human Resources (HR) is able to gauge how successful an employee will be in an organisation.
Recruitment data can be tabulated into various parameters, like experience, age, qualification, etc. If this data can be consolidated, not only will it save precious time in screening of resumes, but also aid with quicker and better recruitment. Artificial intelligence also incorporates employee experiences at previous companies as well as extra-curricular skills and other qualities. They use this information to create a rank for candidates on which they are rated. Artificial intelligence also uses a candidate’s public data from social media platforms to create a profile.
Since a large number of resumes are received by Human Resources (HR), there is a huge build-up of valuable data, which can be tabulated and analysed accurately, with the support of technology. Such offerings can go a long way in helping company’s shortlist the desired candidates in a relatively quick manner before initiating contact.
The need for such services has grown exponentially, after it was found that embellished resumes were becoming commonplace.
