As the world encourages the use of technological aids, the HR market has also taken up the trend. This digital transformation and automation in HR tech today have completely changed the recruiting dynamics.
Well, this transformation is continuous and every day we get to see a new way to leverage tech in HR to make the cumbersome processes more efficient.
Let’s understand how the technological evolution and data-driven recruiting strategies have enabled the innovation and evolution in HR trends.
What we cover here?
Technological advancement in recruitment: An introduction
Traditional methods of completing recruitment tasks such as screening paper resumes, managing a compulsory face-to-face interview turned out to be time consuming and tiring. With all the other responsibility of directing the existing employees, adding the new ones looked impossible in the provided timespan. If not, in-person interviews became impossible during covid times.
When the world was fueling itself with technological advancements, the need for automation and digital transformation was realized for accomplishing HR tasks throughout.
This dramatic change boosted the involvement of technologies like Artificial intelligence, Machine Learning and Deep Learning to make the recruitment process more efficient, data-driven and candidate centric.
Reshaping recruitment duties with new age tech
Transforming recruitment structure through technology such as HR tech innovation in talent sourcing has made the process more efficient and less tedious. But do we wonder how the HR world became so convenient? Yes, we do.
Well, technology has become unstoppable since automation tools and advancements were introduced to the recruitment system.
Let’s see what wonders AI, machine learning and recruitment automation advancements can do:
Artificial intelligence (AI):
- AI empowered features such as ATS:
Artificial Intelligence is switching the roles of HR where they had to screen resumes all day. AI in talent acquisition processes such as AI enabled Applicant Tracking System (ATS) can be used to scan resumes, extract key skills by deploying the keywords and shortlisting candidates based on a pre-defined selection criterion.
- Chatbots can be a helping hand for you:
Imagine someone else being available 24*7 in your place for the candidates who ask queries. Well, a chatbot empowered by AI can be introduced to answer the candidate questions related to the company, application process, job description. It will help you as a recruiter to reduce the burden and to increase candidate experience throughout the recruitment process.
- Review? Who can do it better than an automated tool!
You can fuel your HR software system with Artificial Intelligence for reviewing the recruitment process tasks. Automated assessment checking, generating candidate success reports, gaining candidate experience reviews and analyzing the review without any human interference.
Machine learning (ML):
- Analysis of candidate data by machine learning:
Machine Learning can be a helpful tool for you as the algorithms used in ML can analyze the candidate data through resume and interview insights and with that analysis it can predict the job fit percentage and measure the performance of the candidate. Machine learning in hiring processes helps the machine to understand the pattern and matches it with the data given to it.
- Personalize the candidate journey with past data records:
HR technologies entitled with new age tech like Machine Learning allows its users to gather insights on the candidate throughout their journey. The employees can improve their performance by learning the pattern of their growth traced by ML enabled HR software where their past performance records are saved, and a personalized interface is generated particularly for the employee.
Recruitment automation advancements:
- Automated interview processes:
The interview process can be simplified using automation advancements where you can schedule the interview and send the invitation to different platforms. HR software like HROne empowers its users to harness the feature of scheduling the interview through in-built tools integrated with Google and Microsoft Teams. You can also send invitations for the interview with your personalized touch in the text on any platform of communication.
- Onboarding automation:
You can’t sit all day and write a welcome mail to every new employee you hired, right? What if all of this is done with a single click? Well, welcome mail can be sent through the automated recruitment advancement in your HR software. It allows you to send welcome mails which you can customize the way you want.
Your gut feeling can’t lead you to reliable consequences every time. Luck works once or twice, but not every time.
Your gut feeling can’t lead you to reliable consequences every time. Luck works once or twice, but not every time.
To maintain a manageable position in the competitive talent market, you must build data driven candidate recruitment strategies to make informed decisions based on the real information.
Data analytic metrics such as time-to-hire, cost-per-hire, offer acceptance rate, quality of hire can be utilized for improving candidate insights during the talent acquisition process and using technology for the same can be a relief for you.
For example, if you implement an automated interview scheduling tool in your system, it will allow the candidate to choose a time slot for the interview. Doing so will streamline your process and can reduce your time-to-hire.
Your gut feeling can’t lead you to reliable consequences every time. Luck works once or twice, but not every time.
To maintain a manageable position in the competitive talent market, you must build data driven candidate recruitment strategies to make informed decisions based on the real information.
Data analytic metrics such as time-to-hire, cost-per-hire, offer acceptance rate, quality of hire can be utilized for improving candidate insights during the talent acquisition process and using technology for the same can be a relief for you.
For example, if you implement an automated interview scheduling tool in your system, it will allow the candidate to choose a time slot for the interview. Doing so will streamline your process and can reduce your time-to-hire.
What future does tech hold for HR?
Future of tech in HR? It’s sorted.
Nearly one-quarter of surveyed C-suite executives say they are personally using gen AI tools for work, and more than one-quarter of respondents from companies using AI say gen AI is already on their boards’ agendas. What’s more, 40 percent of respondents say their organizations will increase their investment in AI overall because of advances in gen AI.
Report by McKinsey & Company
A future with tech can never be dull.
Augmented and Virtual Realities in managing and analyzing the immersing candidate assessments, blockchain technologies empowering HR managers to manage the candidate data with high end security and Artificial Intelligence in talent sourcing to avoid repetitive tasks such as resume screenings are taking over the tradition manual efforts given by HR during the process.
Extensive use of tech can be a threatA future with tech can never be dull but it can’t always be bright. Security issues like data breach can lead to a threat situation to the applicants trusting the company and the leaders who are being trusted. But if you choose software that takes great care of security and data privacy you have nothing to worry about!
A future with tech can never be dull but it can’t always be bright. Security issues like data breach can lead to a threat situation to the applicants trusting the company and the leaders who are being trusted. But if you choose software that takes great care of security and data privacy you have nothing to worry about!
Technology is not a one-day show. It’s like an on-going carnival where everything happens every day. To maintain your competitive edge, you must deploy technology with your HR software and be a smart HR leader who has nothing to worry about.