The Role of Artificial Intelligence in Streamlining IT Talent Acquisition

Posted by Tilt Recruitment on May 27th, 2024

The Role of Artificial Intelligence in Streamlining IT Talent Acquisition

Posted by Tilt Recruitment on May 27, 2024

In November 2020, Chat GPT launched to the public. For many, it was their first experience of using artificial intelligence (AI). The generative AI provided a glimpse into the power of the technology as it completed tasks in seconds, which would take your average human a good thirty minutes to do.

Since then, the technology has improved considerably, and every industry you can think of is incorporating a form of AI wherever it can. This includes recruitment and talent acquisition (TA). With this in mind, let’s take a deep dive into how TA recruitment processes can be streamlined and improved through using AI and automation.

Why TA Teams Need to Think About Adding Automation and AI to Their Arsenal of Hiring Tools:

When you think about AI and automation, there are several drivers to utilise this in any business.

1.Improved productivity

Artificial intelligence and automation complete repetitive and admin tasks fast! The significance of this can’t be overestimated. So many business tasks that take many hours to complete can be done in a fraction of the time. Imagine the time and cost savings this brings.

2.Accuracy

No matter how diligent you are, there will always come a time when you make a mistake. You’re human after all. AI, however, makes no mistakes even with admin work. When a tailored artificial intelligence tool is configured to work with a specific industry, it is accurate and powerful.

3.Slashes costs

We’ve already looked at how AI can slash costs simply by its work rate, but as it requires no pay other than implementation and maintenance costs like other tech, it becomes clear that staff costs can be reduced.

4.No holiday or sick time

Lost time and productivity due to holidays and illness are greatly reduced once AI and automation are set up in a business.

5.Better TA Recruitment Service

If your recruitment company is finding top talent faster, you’ll have more client satisfaction and forge a better reputation in the industry. This is the name of the game, and if you handle the AI implementation well, it’s a game-changer.

What Talent Acquisition Recruitment Looks Like Once AI is Implemented:

Now we’ve seen good reasons to implement artificial intelligence in recruitment, what does that look like in practice? Let’s find out.

1.Processing CVs and Data

AI can analyse CVs in seconds, determining whether a candidate is a good fit for a role. When finding talent, this can save hours where a recruiter has to pore over a CV to see if skills and experience match what their client is looking for. AI systems configured for talent acquisition recruitment often have a feature where you can specify exactly what a candidate needs for the role. Some systems refer to this as ‘cream of the crop’. All you do now is feed the AI CVs, and it will sift through them, finding the top talent and best fit.

2.Chatbot Screening

With AI’s capability to speak meaningful English, it is often deployed in chatbots that ask potential talent questions and gauge their responses. The idea here is that the AI can determine from the conversations their enthusiasm for the role together with other factors such as experience.

3.Online Profile Screening

One aspect of talent acquisition that is particularly time-heavy is going through job profiles to find relevant skills and experience. This is particularly demanding where passive talent is concerned. AI, however, has demonstrated it can sift through thousands of profiles both active and passive to determine who is the best fit for a given role. It has also demonstrated that it can determine when a passive candidate may want a new job through analysing their job history and determining a timeframe on when that candidate is likely to start looking for a new challenge.

What it Looks Like Not to Add AI to Your Talent Acquisition Recruitment Systems:

The simple truth is that if you choose not to add AI to your TA recruitment, you run a great risk of simply ceasing to be relevant to the industry. If only one of your competitors implements AI, they’ll be finding top talent much faster and building a reputation for excellence among clients. It won’t take long for word to spread, and when this happens, your clients will migrate.

And let’s face it, they’d be fools not to.

When you look at the advantages of AI recruitment, you simply can’t ignore it.

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