9 months ago

Talent Acquisition

Impact of AI on Talent Acquisition: What you need to know.

May 16, 2023

Author:

Simon Valentine

As AI technology continues to advance, more and more companies are starting to use it throughout the recruitment process. What do you need to know and consider when you look to explore the opportunities of leveraging AI in Talent Acquisition?

Machine learning has been helping recruiters for a long time with resume screening and parsing, but now AI can automatically scan and parse resumes to identify key information such as work experience, education, and skills in a way we have never seen before.

AI-powered chatbots and virtual assistants can help candidates on career sites with common questions, scheduling interviews, and providing updates on their application status. AI can also be used to help new hires navigate the onboarding process and provide training and support.

CRMs are using AI to search through large databases of job candidates to identify potential matches based on skills, experience, and other criteria. The ability AI has to leverage both structured and unstructured data is changing the way we search for candidates.

Some of the more advanced ways AI is being used is where candidate data is being used to identify patterns and predict job performance based on factors such as personality traits, cognitive ability, and behavioural tendencies. Along with video interviews to identify patterns in speech and behaviour, such as nervousness or confidence, to help evaluate candidates.

These more advanced ways that Ai is being used is where organisations need to be careful… just remember what happened in 2018. See the link below for more context.

https://www.reuters.com/article/us-amazon-com-jobs-automation-insight-idUSKCN1MK08G


Based on a Linkedin poll I ran recently showed over 40% of respondents said they are already using AI in recruiting for their organisations

To see the results click here to go to the link of the poll.


The positives of AI

On the pro side, AI can help make the recruitment process more efficient and objective. AI tools can sift through resumes and applications faster than any human recruiter could, and they can do so without any unconscious biases that might affect human judgement. AI can also help identify patterns in the data that humans might overlook, leading to better hiring decisions.

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Impact of AI on Talent Acquisition
  • AI can be more efficient by quickly sifting through resumes and applications.
  • AI can eliminate unconscious biases in the hiring process that can affect human judgement.
  • AI can identify patterns in data that humans might not notice, leading to better hiring decisions.

Some things to consider

However, there are also some cons to using AI in recruitment. For one, AI systems are only as good as the data they’re trained on, and if that data is biased or incomplete, it can lead to biased hiring decisions. Additionally, some applicants may feel uncomfortable with the idea of their personal information being analyzed by a machine and may be sceptical of the fairness of the process.

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Impact of AI on Talent Acquisition
  • AI systems are only as good as the data they are trained on, and if that data is biased or incomplete, it can lead to biased hiring decisions.
  • Some job candidates may feel uncomfortable with the idea of their personal information being analyzed by a machine and may be sceptical of the fairness of the process.
  • AI cannot replace human judgement entirely, and some aspects of the recruitment process, such as assessing soft skills or cultural fit, may still require human input.

Overall, there are pros and cons to using AI in recruitment, and companies should carefully consider these factors before implementing any AI tools in their hiring process. By understanding the potential benefits and drawbacks, employers can make informed decisions that lead to more effective and inclusive hiring practices.

What do you think about AI in talent acquisition? Let me know in the comments below!

Simon Valentine

#talentacquisition #ai

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