The Gartner 2019 AI survey states that 17% of companies use AI-based solutions in their HR functions and another 30% will start doing so by 2022. AI is changing how HR functions take place. AI in HR is not a human vs. machine race. It is a system in which AI helps HR managers do their jobs in a better and efficient way
AI does the sourcing and match-making tasks for the HR team so that the team can focus on issues that require a human touch, like building a genuine connection with the candidates.
What is AI-based match-making?
AI-based match-making refers to identifying candidates that are most relevant for the job by matching their profiles with the job specifications. AI helps the talent acquisition team to find the right candidate for the job more efficiently and within less time.
AI-based match-making increases the rate of relevancy while sourcing talent for the organization. After identifying, AI also boosts the engaging and hiring process to fill the positions as fast as possible.
How is AI-based match-making reinventing recruitment?
- AI recognizes similar skills: Before AI came into HR, humans had to sit down, understand the candidates’ skills and the skills required for a particular job, and then match candidates with the jobs best suited to them. This process was time-consuming. The task of pairing candidates with jobs can now be given to an AI-powered recruitment management software.
- Assessment of candidates: AI not only helps to match candidates with jobs, but also to assess them, engage with them, and hire them. This can be done with AI-based resume filtering software, which does the work of parsing the resumes of the candidates. One more way AI helps in assessing candidates is by taking quizzes and assessment tests. HR tech makes the recruiting process faster and enhanced.
- Talent Management: AI-powered chatbots for HR play a great role in assisting the candidates that are looking for answers and also giving them a personalized experience of the website of the company. Once the candidate is hired, AI helps the HR team to give him a personalized onboarding experience. AI software is also used to manage the existing talent of the company by keeping a check on their performance and rating the employees.
The overall advantage of using AI for recruiting is that it cuts down the manual research and assessment work of the talent acquisition team. This, in turn, reduces the time taken during the recruiting process and also helps the recruiting company to find better candidates.
Humans don’t understand how AI does match-making and which variables it weighs to declare a candidate as a good fit for the job. The best approach in this situation would be to go with software that can be under the control of the HR team. This way, they can keep a check on what algorithms and variables the software is using so that they can change anything that is creating bias.