HR departments can see a significant impact by implementing advanced technologies. HR software can help departments streamline various operations, including the process of finding the right candidates.
HR software can help parse thousands of resumes to identify the most suitable candidates.
For example, if a company needs a programmer with a specific skillset, HRs can enter the keyword into the software, which scans hundreds of resumes against desired profiles and pops-out the candidate profile who fits the requirement.
Scanning resumes and ranking using artificial intelligence makes the recruiting process exciting. This ranking will determine how qualified the candidate is and whether they are the right fit for the current role.
HR software embedded with artificial intelligence can understand thousands of profiles and knows how each employee has performed in previous roles, so it is easy to predict how a candidate is likely to perform. The AI is smart enough to evaluate what kind of environment a professional will likely to succeed in.
This technology is helpful because it can judge when an interviewee is not honest in the interview. AI-powered video conferencing software can help HRs to evaluate the truthfulness of the candidates in the interview process. This allows employers to ask questions that are relevant to candidates’ profile.
Gamification can help the HR department understand how well individuals are suited for specific roles. This technology can predict how well someone is likely to perform in a particular role with the highest accuracy. By matching profiles to candidates, HR software reveals whether candidates will excel in a particular role or not.
HR software can help retain employees who add value to the organization. Once a good employee is onboard, keeping them happy and productive is essential. Most employees change jobs every few years, and according to a Glassdoor report, around 66% of millennials expect to change their job every year.
HR departments will be burdened with replacing employees with better-qualified workers. This is where predictive analytics can help HR departments. It helps figure out employees who are considering a job change. Once the candidates are identified, HR departments should find a suitable replacement quickly to avoid resource scarcity.
As the organization’s job functions and technology become more sophisticated, embracing the software to manage complexity will play a vital role in the organization’s success.
Choosing the AI technology
Every HR department has unique needs; there is no one-size-fits-all solution in the market. Think about your department goals, your pain points, and how you are going to fix those. Identifying the right recruitment solution can help.
The following are a few points that will help you get started:
Classification & Targeting
Do you post jobs often, but the wrong crowd is reading your job ads. The best way to start is to choose a recruiting solution that can classify your job ads based on your requirements, so your postings can reach the target audience. Selecting the software programs that feature natural language processing can convert your job postings into a data model that can be targeted to the right candidates, right sites, and at the right time.
Do you spend a lot of time managing ads across different job sites? If this is your case, you have to look for a job advertising platform. Predictive algorithms that automate the job advertising process across various sites to deliver better performance.
Data and reporting
Relying on spreadsheets to get an aggregate view of performance and job costs is a tedious task. Choosing solutions that offer real-time reporting and predictive insights can give you data transparency and allows you to measure ROI across recruitment spend while improving the way you allocate your resources to fill open positions fast.
Do you have a problem with communication between candidates and departments? Considering communication tools that help automate and smoothen communication that eliminates ambiguity and gives everyone 360 view of the data.
Today, HR software powered by artificial intelligence can help streamline the recruitment process while minimizing the recruitment costs and improving the chances to hire the right candidates.