Generative AI has been changing the talent acquisition scenario rapidly. With growing competition and everyone looking for the next new thing, Generative AI has upped the game. No conversations can be had about talent acquisition or HR without discussing how rapidly AI is changing the hiring process and making it easier to hire top talent.
We want to take you through the transformations we already see or expect to see with this change.
Transformations by Generative AI in Talent Acquisition
Automated Technical Screening
Generative AI can sift through dozens and dozens of resumes and organize them in order of the skills and experience you are looking for in your next hire. If you decide to opt for platforms that help you with technical interview outsourcing, it will further make your job easier as that would help streamline the process further.
Curated Job Descriptions
Job Descriptions need to be precise and on point. With Generative AI, companies can curate job descriptions so that it helps the interviewer be clear about the pointers to look out for while conducting an interview.
Jobs are now not just limited by geographical locations. With Generative AI for talent acquisition, we are likely to see an uptick in global outreach for candidates to hire. You can access the global talent pool and pick the talent of your choice. With different platforms incorporating AI where they have the features to auto-schedule and self-schedule online technical interviews, candidates from anywhere in the world can sit for interviews.
Improved Candidate Experience
If you want to hire top talent, it is time to pay attention to your candidate’s experience. Candidates look for a process that is not extremely time-consuming and confusing. They want to have clear instructions which can help them feel comfortable and somewhat in control. With AI chatbots, candidates can be kept engaged and their queries can be answered in case of delays.
Data-Driven Decision Making
With the use of artificial intelligence in talent acquisition, companies are now able to make informed decisions based on the data collected in the interview process. This is particularly useful when companies outsource technical interviews to platforms that help you record all the data in the process. You can access a candidate’s entire history, with their prior consent, and decide based on the entire journey.
Enhanced Feedback Mechanisms
This has to be another major transformation of using Generative AI for talent acquisition. It helps improve the feedback process tremendously by helping with record-keeping. As mentioned before, if you can access a candidate’s entire journey, it is easier for you to provide them with feedback. With AI, you can find out exactly where a candidate needs improvement by using pre-defined criteria for selection.
With the transformations that come from using Generative AI for talent acquisition, we can see in what ways it benefits the hiring process.
Benefits of Generative AI in Talent Acquisition
Increased Efficiency
Gen AI would, without a doubt, increase efficiency in the hiring process. It will cut down on time and streamline the process by eliminating tasks that traditionally need extra time and resources. With AI, resume screening, technical interviews, and all initial stages of the process can be automated so that the companies save resources from grunt work.
Inclusivity and Diversity
It is highly important for companies to meet their DE&I goals during talent acquisition. Gen AI helps with that by eliminating conscious or unconscious biases of interviewers. This assures that companies can hire candidates based on their skills and talents and not because of personal reasons. This helps the companies reach out to all candidates who will fit the requirements, from anywhere in the world and not be limited.
Cost Effective
With AI, companies can cut down on the resources used to perform repetitive tasks. These resources, human or otherwise, can now be utilized for other tasks which would be more fruitful. It also cuts down on scheduling costs and commute expenses required for traditional interviews.
All in all, Generative AI has and will continue to transform talent acquisition in the future. It has optimized the entire hiring process and we have only scratched the surface of its capabilities. It will only keep improving and making our lives easier. With platforms providing interviews as a service, Gen AI will only become a more intrinsic part of recruitment moving ahead.
