8 ways to use AI in Recruitment
Written by: Greg Weiss
While ChatGPT made a huge impact in late 2022 and continues to do so, there are other AI tools that help with specific niches, such as recruitment. Here are 8 AI tools you can use right now that will improve parts of your recruitment process.
1. Resume Screening
SEEK, Australia’s largest job search engine, uses an AI-powered screening tool called ‘PowerMatch’ to help recruiters sift through resumes more efficiently. The tool analyzes resumes and matches them with relevant job openings, reducing the time recruiters spend screening candidates by 80%.
2. Candidate Matching
Workible, an Australian job-matching platform, uses AI algorithms to match job seekers to job openings based on their skills, experience, and other criteria. The platform’s AI-powered matching algorithm has been shown to increase the likelihood of a successful job match by 25%.
3. Pre-Employment Assessments
PredictiveHire, an Australian HR tech company, uses AI to conduct pre-employment assessments of job candidates. The company’s AI-powered platform uses natural language processing (NLP) and machine learning algorithms to analyze candidates’ responses to open-ended questions, assess their personality traits, cognitive abilities, and predict their future job performance. The platform has been shown to improve candidate diversity and reduce time-to-hire.
The Commonwealth Bank of Australia (CBA) uses an AI-powered chatbot called ‘Chip’ to help job applicants with their queries. The chatbot is available 24/7 and can handle multiple inquiries at once, reducing the workload for recruiters. Chip uses natural language processing (NLP) to understand the job seekers’ questions and provides relevant answers.
5. Video Interviews
HireVue is an AI-powered video interview platform that is used by companies in Australia and around the world. The platform uses AI algorithms to analyze candidates’ facial expressions, tone of voice, and other non-verbal cues to evaluate their fit for the job. The AI-powered platform can detect patterns in speech and language, including tone of voice, word choice, and grammar, to identify candidates who possess the desired skills and traits for a particular role.
6. Diversity Hiring
Hireup, an Australian disability support platform, uses AI to remove gender bias from its job ads. The company’s AI-powered tool analyzes job descriptions and suggests gender-neutral language that can attract a more diverse pool of applicants. This has resulted in a 15% increase in female applicants for Hireup.
7. Predictive Analytics
Xref, an Australian reference checking platform, uses AI-powered predictive analytics to assess candidates’ future job performance. The platform analyzes past recruitment data and compares it with the candidate’s reference feedback to identify any potential red flags. The tool helps recruiters make more informed hiring decisions and has been shown to reduce the risk of a bad hire.
8. Employee Retention
Culture Amp, an Australian employee engagement platform, uses AI algorithms to analyze employee survey responses and identify areas where organizations can improve their retention efforts. The platform collects feedback from employees and uses natural language processing (NLP) and machine learning algorithms to identify patterns and themes. This helps organizations address issues proactively and improve employee satisfaction and retention.
In summary, the use of AI in recruitment has the potential to improve efficiency, reduce bias, and ultimately lead to better hiring decisions for Australian employers.
Soulidify keeps up with these trends and helps to continually improve its recruitment processes to give our clients and candidates better experience. By partnering with Soulidify, a retained recruitment firm, Australian employers can improve their recruitment processes, attract and retain top talent, and ultimately save recruitment costs. And by being part of the NPAWorldwide, Soulidify can help you with any recruitment need by introducing you to specialist recruiters we know can deliver your need, anywhere around the globe.
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ABOUT THE AUTHOR
Greg authored 3 practical Career Books, and 1 Book helping Visionary leaders scale their businesses. He is one of Australia’s most experienced HR consultants and leading career coaches. He is the founder and owner of Soulidify and Career365. As an entrepreneur/business owner, Greg has experienced first-hand the joys and frustrations of starting and growing one’s own business.