Did you know that 79% of employers use automation or AI during the recruitment process? Considering how time-consuming and tedious hiring new talent can be, it’s no wonder.
However, there are more benefits to using AI in recruitment than saving time. It can reduce unconscious bias in the hiring process and help to find the best candidates.
There are many ways to automate the process using AI recruitment technologies. Here’s what you need to know to find top talent for your company.
Ways to Automate Your Hiring Process
You have plenty of options for automating repetitive tasks during the recruitment process. AI makes it easy to build an automated workflow based on your unique hiring process, which saves you time.
Video interviews and chatbots make the experience more pleasant and convenient. As a result, both candidates and employers benefit from a better hiring experience.
Here are some ways AI can help streamline the process.
Applicant Tracking Systems (ATS)
An applicant tracking system (ATS) is software that allows employers and recruiters to follow candidates throughout the hiring and recruiting process.
The complexity and features of an ATS can vary depending on a company’s needs. However, standard features include candidate screening and management, generating offer letters, assigning onboarding materials, etc. These features make efficient workflow automation achievable.
Using ATS helps to pinpoint challenges, such as a company’s lack of brand recognition. This system can create an ideal candidate profile for a position, identifying key skills that would be useful in the role.
Applicant tracking systems automate resume pre-screening as well. That helps you to sort through a wider pool of applications to find the best candidates for the job.
Furthermore, using ATS improves candidate communication. It’s not at all uncommon to lose top talent due to poor engagement or a lack of communication. One of the most significant benefits of this recruitment tool is that it improves visibility and helps keep everyone in the loop
It’s estimated that video interviewing software will reach a value of USD 536.85 worldwide by 2028.
Video interviewing has several advantages, including reducing the time it takes to hire a candidate. In addition, you can minimise phone screenings and eliminate any scheduling conflicts. That also increases efficiency, allowing you to screen more applicants.
The advantage of video interview software is that you pre-record questions for candidates to answer. Watching the video recording also allows you to assess an applicant’s soft skills. You also don’t have to watch the entire interview if you realise someone doesn’t make a good fit early on.
Automated Reference Checking
Automated reference checking software helps to speed up the hiring process. The traditional method of calling references is a time-consuming process. Spending so much time on the phone or trying to reach out slows your hiring efforts.
A significant disadvantage to this approach is that it lengthens the time it takes to hire. Short-listed candidates might lose interest or sign another offer.
An automated system can send out messages or surveys. It quickly gathers information from any listed references. These individuals can then provide candid feedback, giving you a better picture of a candidate’s abilities.
Using automated reference checking reduces the time it takes to collect feedback. A standardised format helps reduce bias and allows references to be more honest.
Chatbots are practical AI recruitment tools that send automated messages to applicants and can help guide interested individuals further along in the hiring process. For instance, a chatbot can answer commonly asked questions or tell someone the next steps they must take.
The benefit of all this is that using AI improves the candidate experience by keeping them informed. Chatbots are available 24/7, which means they can send responses at any time of the day. They can also do this faster than a human.
You can program chatbots to answer any questions about benefits, the application process, or the company. It helps guide candidates in your place, which means less work for you.
Recruitment automation systems use predictive analytics to examine data, extract insights, and find trends that can make the hiring and recruitment process much smoother. In short, this type of AI focuses on what might happen in the future and how it’ll affect your company.
Through predictive analytics, you can find the most promising candidates. It helps you to predict how long someone might stay with your company and whether they’ll make a good fit. As such, you can even calculate future employee turnover and make changes to reduce such instances.
An automated recruitment process also has another benefit. Unlike humans, AI isn’t as hindered by unconscious bias. That means using it has a significant impact on improving inclusion and diversity.
Considerations When Automating Your Hiring Process
So, will recruitment be automated, and does that mean the end of human influence over the hiring process?
Although AI helps automate many aspects of hiring and recruitment, it isn’t a perfect replacement. Relying too much on technology and forgetting about the importance of human interaction can make your company appear cold and distant. There still needs to be a human element involved.
Another challenge is that there is still some potential for bias in algorithms. That’s why it’s essential to monitor for any repeatable errors that might create an unfair outcome. There’s a need for regular maintenance and updates to ensure your system is working as it should.
Make sure to stay updated on all the latest innovations in HR technology. Doing so ensures you’re constantly implementing the best tools for success.
Streamline the Recruitment Process
AI software is the future of the recruitment process. Features such as chatbots and applicant tracking systems improve communication and boost engagement. In addition, predictive analytics give you insights into the future.
Of course, it’s important to remember that you still need to check these systems and keep up-to-date with changes and upgrades. Having a human element in the hiring process will make candidates more comfortable.
Are you ready to learn more about how to automate the recruitment process? Book a demo today to try it out.