Artificial intelligence is revolutionising the HR world. From automating talent acquisition to removing human bias during the recruitment process, hiring your next employee has never been easier. 

In 2023, a whopping 55% of HR teams are introducing an AI-powered recruitment system to their strategy. 

As remote working trends heat up, business leaders have become inundated with a flurry of online CVs from across the globe. AI-driven recruitment aims to streamline this process by automating every step, from screening to sending automatic replies.

Read on as we jump into a technologically charged future of HR and learn why AI could transform your team’s hiring strategy in 2023.

Candidate Hunting

While traditional recruiting can take weeks, AI can cut candidate hunting in half. Scanning multiple applications in seconds, AI-driven tools can highlight potential leads based on job descriptions, skill sets and experience, instantly generating a shortlist for recruiters to work through.

In fact, most intelligent AI systems can even identify soft candidate skills, such as communication experience, critical thinking skills and time management, personalising its search depending on the role a company is hiring for.  

According to the Society of Human Resource Management (SHRM), the average recruitment drive takes up to 42 days. AI-powered systems cut this process in half, leaving time for HR teams to spend longer periods assessing a shortlist. 

“AI can find patterns. By knowing who got a job within your company, these systems are able to predict who would be a successful candidate going forward,” claims Vice President of Global Marketing at L11uxoft, Przemek Berendet.

Leveraging a candidate screening and tracking system prevents companies from missing out on potential talent while speeding up the process so in-demand candidates stay engaged and excited. 

Assessing Candidate Responses 

AI-powered recruitment systems are also crucial during the next stage of the hiring process. Investing in smart-assessment tools, HR teams can analyse candidate responses after moving potential hires to the next stage of the recruitment process.

Whether a candidate completes a video-based screening or submits answers in the style of an online form, digital recruitment systems can easily scan responses, gather more info and highlight potential keywords or mentions of relevant experience.

Not only does this save a recruiter the effort of assessing each response, but an AI-powered system ensures that candidates also receive their results efficiently, speeding up the process as a whole. 

“Recruitment has become a two-way road where candidates’ expectations are often just as important as that of the recruiters’. Automating the recruitment process not just helps the candidates upload their resumes in a single click, but they can also expect to be called for the next round within a day,” says the CEO of HR Tech company RChilli, Vinay Johar.

“A candidate judges the company the moment they apply for the job. The single-click application functionality in the parser indeed speeds up the process.” 

Did you know that 67% of candidates are more likely to have a positive impression of a company if they receive speedy replies and regular updates on their applications during the hiring process? 

Introducing an AI-powered recruitment chatbot has become a godsend for a number of larger businesses that struggle to reply to each candidate individually. With the ability to analyse data immediately, chatbots are great solutions for a speedy screening process, as candidates can simply submit their answers and receive an instant invitation to the next stage if they are approved.

Embracing a More Inclusive Future

As we step into an era of ethical recruitment and workplace inclusivity, there’s no room in the recruitment process for unconscious bias and discrimination. 

Introducing an AI-powered system not only speeds up the process as a whole but reduces candidate discrimination. Using a data-driven approach, AI does not take factors such as age, race, sexuality or disability into account when making decisions about potential hires.

“The practice sharpens the talent acquisition function by using data-driven analytics and digital, cognitive tools to better source and assess candidates and prevents possible misjudgements caused by bias or false logic,” stated a recent Deloitte report.

As the average recruitment drive becomes a more complex yet inclusive process, it won’t be long before AI-powered tools become essential for HR teams across the globe.