What is Artificial Intelligence in Recruitment?

Artificial Intelligence in Recruitment (AI) is an emerging field of human resource technology, applied to automate or optimize various aspects of the recruitment process. Specifically, AI is used to solve repetitive, time-consuming tasks in the recruitment process of businesses. Up to 85% of employers believe that AI is a useful technology that helps them replace part of the tasks of the recruitment process (According to TIDIO).

1. Benefits of applying AI-Powered Talent Acquisition

 

To better understand why many businesses today are applying artificial intelligence in recruitment, you can refer to some of the benefits of AI-Powered Talent Acquisition as follows:

1.1 Improve recruitment quality, objectivity

Employers may not make recruitment decisions based on fair factors but instead based on their own emotions. This reduces the objectivity and fairness of the recruitment process.

Meanwhile, potential candidates may be overlooked, or unsuitable candidates may be accepted because the employer may have subjective views and personal limitations. This can cause a lot of damage to businesses and organizations.

However, if using artificial intelligence (AI), the recruitment process can become fairer, more transparent and more objective. Talent Acquisition Analytics has the ability to analyze data objectively and automatically make decisions based on important factors such as work experience, education, skills and abilities.
 

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AI-Powered Talent Acquisition for future

1.2 Find more suitable candidates

  • AI can give you useful tips so that you can attract more candidates through your recruitment posts. For example, it can suggest you prominent keywords and related phrases to help you attract more candidates.
  • You can use chatbots and matching technology to guide potential customers to suitable job posts and conduct pre-screening for you.
  • AI helps filter candidate profiles more effectively compared to the initial requirements in JD, increasing the suitability of candidates. Through the implementation of data analysis algorithms, Talent Acquisition Optimization will find the candidates that best match the job requirements.

In addition, AI can also help you monitor your recruitment process. AI will be able to provide you with information on the number of candidates who have applied, conversion rates, and other indicators to help you evaluate the effectiveness of your recruitment campaign. From there, you can adjust your recruitment strategy to achieve the best results.

 

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AI will help you monitor your recruitment process

2. Challenges of implementing AI in recruitment

Despite its many benefits, there are certain challenges that you need to be aware of when implementing AI-Powered Talent Acquisition. Specifically, as follows:

2.1 Requires a lot of data to implement

To successfully simulate human intelligence and deliver results in recruitment, AI needs a lot of data to implement. This requires the collaboration of many different data sources, from recruitment sites, text files to images, videos and audio.

For example, machine learning-based AI will need to request a large amount of data to learn how to evaluate resumes as accurately as a human recruiter. This can result in hundreds to thousands of resumes for a given position.

2.2 Tend to search in the past

By using Talent Acquisition Technology,, you can minimize the unconscious bias of HR. However, AI is built on learning how to analyze past trends and find important characteristics to make decisions.

However, this leads to a problem: any bias, conscious or unconscious, may already exist in your recruitment process and be reproduced by AI if left unchecked. This can have serious consequences, such as losing potential candidates and hindering the growth of the company.

You should carefully monitor the settings of the AI to ensure that it is not reproducing potential biases, such as only hiring graduates from a certain university. By doing so, you can ensure that your recruitment process is conducted in a more transparent and fair manner, and help increase diversity in your company.

3. Faro Vietnam - Vietnam's leading technology platform applying deep artificial intelligence (AI) and Recruitment Marketing

Faro Vietnam is a leading HR Service applying deep artificial intelligence (AI) and Talent Acquisition Technology in Vietnam. With the aim of helping employers and candidates interact with each other quickly, conveniently and effectively, this platform has been designed and developed with advanced solutions. Businesses can search and recruit talents that match their needs and job criteria. This ensures increased productivity and efficiency in the work of businesses. In addition, candidates can also interact with employers quickly and conveniently through our service.

Above is information and comments on the application of artificial intelligence in recruitment. Hopefully, today's article from Faro Vietnam will help you understand this trend and apply it to your business more effectively in the future.

Don't forget to visit the leading recruitment outsourcing service - Faro Vietnam to experience the deep application of artificial intelligence technology and immediately find talented candidates for your business.

>>>Read more: Top 10 Best Strategic Talent Acquisition

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