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How AI Recruitment is Changing the Hiring Process


23/10/2024

Nowadays, recruitment is rapidly evolving, with AI recruitment playing a pivotal role in transforming how companies hire talent. By leveraging AI technologies, organisations can streamline hiring, improve candidate engagement, and ensure more accurate job-to-candidate matches. Approximately 43 % of Human Resources staff use AI prior to face-to-face interviews. In this article we will explore how AI is revolutionising the hiring process and what the future holds.

how ai recruitment is changing the hiring process

How AI can help during the recruitment process

Traditional recruitment methods often struggle to handle large volumes of applications effectively, leading to delays in the hiring process. Use AI Recruitment tools can swiftly sift through thousands of resumes in a fraction of the time it would take a human recruiter. This not only saves time but also ensures that no potential candidate is overlooked.

Moreover, AI recruitment tools offer unbiased analysis by removing human prejudices from decision-making processes. Let's explore how AI improves each step of the hiring process:

  • Candidate sourcing: AI recruitment tools evaluate amounts of data from online profiles, resumes, and job postings to identify potential candidates in a second. Some of them may focus on maximising marketing efforts and connecting with candidates in real time.
  • Candidate screening: by using natural language processing and machine learning, AI systems can analyse resumes and extract information, such as skills, work experience, and education. So, these insights can then be used by the recruiter in the selection process to narrow down the candidate pool and focus on those with higher potential.
  • Candidate interviews: there are some tools that can make a video analysis during the interview. For example, this includes assessing speech patterns, body language, and facial expressions.

Benefits of AI recruitment for companies

AI is revolutionising the recruitment landscape, offering innovative solutions that streamline the hiring process, enhance candidate engagement, and ensure more accurate matches between job seekers and positions. Thanks to Artificial Intelligence, recruiters are beginning to revolutionise recruitment by increasing their efficiency, accuracy and effectiveness in attracting and retaining talent to their companies. Some of the objectives to include AI in this step are:

  • Be more efficient: the average recruiter spends 30 hours on recruitment-related work. AI enables this group of workers to find the best talent in a matter of seconds. As a result, the team spends more time on strategic tasks to get better results.
  • Avoid bias during interviews: half of human resources managers admit to being affected by it. With AI recruitment, these technological tools eliminate subjectivity during recruitment. In addition, it allows all candidates to be assessed on the basis of their qualifications and experience.
  • Better quality in recruitment: the US Department of Labor recognises that a mistake in recruitment can cost a company 30% of an employee's salary. AI evaluates candidates based on their data and provides information that helps managers make decisions.
  • Better candidate experience: an efficient screening process is vital for prospective employees to want to work for the company. 60% of candidates who rejected an offer had a bad experience during the recruitment process. AI makes the experience engaging in part by personalising the interview.

The ability of AI to predict hiring outcomes through predictive analytics is another driver of change. In this sense, AI can predict which candidates are most likely to succeed in specific jobs. This helps recruiters make more informed decisions and identify potential problems in the hiring process. Continuous improvement becomes possible as AI highlights patterns and trends, leading to more effective talent acquisition strategies.

Common AI Tools in recruitment

At Eucalypto Group, as experts in IT Recruitment, we are aware that more and more companies are using Artificial Intelligence tools to take advantage of the benefits and time savings. Amazon pioneered the use of AI in its internal processes, including recruitment. As such, it has developed tools to help candidates, from identifying the perfect match for their characteristics to offering flexibility in online assessments.

In this sense, other companies that are using AI Recruitment tools are the household appliances brand Siemens, the food chain Domino's Pizza or the hotel company Hilton, among many others. Some of the tools used and their main function are the following:

  • Paradox: chatbot developed by AI
  • Teamtailor: AI assistant co-pilot that aims to attract and convert talent
  • Zoho Value: recruitment for limited budgets
  • Manatal: for small and fast-growing companies
  • HireVue: for online recruitment processes

future of ai recruitment

The Future of AI Recruitment

In the next few years, AI recruitment will likely become even more integral to the hiring process. In 2025, it will enhance the personalisation of the candidate experience. They are going to receive relevant job opportunities, reducing time spent on fruitless applications.

Moreover, AI's potential to reduce unconscious bias could help create more diverse and inclusive workforces. Also, recruiters won’t be screening resumes in the next few years. Businesses that integrate AI recruiting into their talent acquisition strategies will have a better chance of finding top performers who fit their culture and contribute to long-term success.

In conclusion, AI recruitment is transforming how companies approach hiring. From sourcing candidates to predictive analytics, AI offers innovative solutions that enhance efficiency, improve candidate experience, and ensure better hiring outcomes. As technology advances, its role in recruitment will only grow, making it an essential tool for companies looking to stay competitive in the talent acquisition space.