Modern recruitment looks radically different from what it was a few years ago. Accelerated by the covid-19 pandemic and the resurgence of the racial justice movement, changes that were expected to take effect subtly are happening almost instantaneously. Virtual recruitment is a new norm, internal mobility and upskilling programs are on the rise, and diversity and inclusion is finally receiving the attention it deserves. Though these trends are being widely adopted, most HR teams are finding it challenging to keep up with them. This piece of writing highlights key 2021 trends and how AI can be used to achieve them.
Redefined candidate experience
Though offering a positive candidate experience is not a new concept, recent studies indicate that it is increasingly becoming an area of focus for leading HR professionals. Astute HR recruiters know that to succeed in today’s tight labor market, they must offer exceptional candidate experience. One of the key areas that influence candidate experience is the level of engagement. A Career Builder and Silk Road survey indicates that 68 percent of employees use engagement experience to determine how a company treats its personnel. Businesses can deploy AI to manage their communication with candidates. For example, chatbots can be used to provide real-time assistance to candidates during the application phase, and automated emails can update candidates on their application status.
The hiring process can be strenuous and time-consuming. Besides, rigorous recruitment can be so costly that it affects the business’ bottom line. To reduce the administrative burden of recruiting, most companies employ technological tools to access talent pools, screen their applications, and onboard them. While some companies use conventional IT systems to accomplish this, experts recommend installing AI systems to perform these functions. AI tools post job adverts to targeted audiences hence higher conversion rates, automatically screen multitudes of applications accurately and autonomously manage the onboarding phase. Unlike humans, AI systems are free from unconscious bias.
Diversity and inclusion
Workplace diversity and inclusion was amongst the most talked about topics in 2020. Most leading organizations in the United States and across the globe have expressed interest in taking workforce diversity to the next level. Diversity is not only good for social inclusion and brand reputation; research shows that diverse companies are also more productive. How can companies achieve diversity? Diversity can only be achieved through effective recruitment practices. Recruitment methods should be able to reach talent pools in diverse communities and should be free of discrimination. AI technologies have the capabilities to reach diverse communities through social platforms such as Facebook and Twitter. Besides, as aforementioned, AI instruments can obliterate unconscious bias from the recruitment process.
HR teams are becoming data analysts
Data is continuously becoming an essential element for HR teams. Today, recruiters have to analyze tons of data to identify skill gaps in their organizations. Furthermore, the modern recruitment process requires processing vast quantities of data generated by applicants. AI tools such as data analytics can be leveraged to retrieve insights and suggest suitable candidates for hire. These tools not only reduce the burden of manually processing data but also save time, which can be invested in other meaningful tasks.
2021 is the year that will define recruitment trends for the next decade. At the core of these trends is the ability for businesses to manipulate emerging technologies such as AI. To maximize benefits of these technologies, companies must use AI systems that can integrate with existing recruitment technologies. ProRank.ai is one of the AI tools that can easily integrate with typical ATS and CRM systems and multiply productivity four times, reduce costs by 25 percent, increase engagement by 7.7 percent, and screen 100 percent of applications with 97 percent accuracy. Make an effort today and schedule a free ProRank.ai demo.
Career Builder (2018), Job Seekers Are Now in the Driver’s Seat and Expect Next-Gen Recruiting and New Hire Experiences, Survey Finds. Retrieved From: http://press.careerbuilder.com/2018-10-30-Job-Seekers-Are-Now-in-the-Drivers-Seat-and-Expect-Next-Gen-Recruiting-and-New-Hire-Experiences-Survey-Finds