AI: The Future of Recruiting - Live Assets

AI: The Future of Recruiting

August 29, 2021 -

Robotics.

 

Artificial intelligence (AI).

 

 Machine learning.

 

These are all terms that sound straight out of a sci-fi movie. Except they are the future of our reality, and they aren’t as evil as the movies make them out to be. In fact, automation through the use of AI can be beneficial for recruiting.

 

As our world moves at a faster pace, automation is becoming much more prevalent. Automation in the form of AI can be a tool to help recruiters keep up with this fast pace as well as make better hiring decisions.

 

One of the biggest challenges in talent acquisition is identifying the right candidate out of an applicant pool. Sorting through resumes after resumes and finding matches to the position is a lengthy process. AI can perform this task in a fraction of the time, thus filling positions quicker. If a candidate is applying to multiple companies, they are probably more likely to accept an offer from a company with a quicker and smoother hiring process. Lessening the manual work through AI will speed up recruitment, and you will no longer miss out on great talent.

 

Humans aren’t flawless. In the hiring game, there can be bias. While this is an unfortunate truth, a lot of the time, people hire based on feelings with no official criteria. An AI can make hiring suggestions that a human might not have thought of while remaining objective.

 

Part of the recruiting process is answering questions and engaging with potential candidates. And depending on how large your talent pool is, it can get challenging to keep up. As a solution, AI can field those preliminary questions candidates might have. No matter the time of day, a candidate can receive an instant response. AI chatboxes not only can quickly answer questions but even suggest positions that a candidate should apply for before you even meet with them.

 

Many large companies use applicant tracking systems (ATS) to sort through applications to lessen the stack for the hiring manager. The ATS makes decisions based on keywords. If an application or resume doesn’t have these keywords, then it gets canned. So, while this does create more efficiency, the ATS is prone to passing on applications of potentially fantastic candidates. Unlike an ATS, artificial intelligence can make more meaningful and even human-like decisions. Rather than scanning for keywords, an AI can scan a document as a whole and recognize the skills and expertise a candidate has.

 

With machine learning, the longer the AI is put to work, the more effective it becomes. With every task the AI is given, it adapts and gets smarter. This can reduce the margin for error, lessening hiring mistakes, and reduce turnover.

 

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