5 Ways to Improve Your Recruiting Strategy with AI and HR Software
Business

5 Ways to Improve Your Recruiting Strategy with AI and HR Software

Recruitment is one of the most important tasks for Human Recourses (HR). Getting it right will help the company flourish and grow. In recent years, HR software has become an important part of the recruitment process, boosting how it’s done. Today’s Human Resource Management System uses technologies like Artificial Intelligence (AI) to make the process smooth and effective. So how can AI and the right HR software improve the recruiting strategy of a small business?

Matching the right candidate with the right role

Of course, HR’s main mission is to find the right employees to work in the company. With HR software and especially its utilisation of AI, this is now becoming a lot easier. This is down to the amount of data HR recruiters are able to gather and the ease of analysing it with the help of AI systems.

The modern Human Resource Management System can look for more data points and match them with the right positions. You can create predictive models about the candidate based on their experience and knowledge. This can ensure you match the correct candidates with the right roles. Ultimately, this will lead to happier employees who are more productive and stay in their jobs for longer.

Automating key HR tasks

The second way AI and HR software should be used with recruitment is through task automation. The recruitment process involves a lot of tasks out of which a big part is on time-consuming yet rather mundane tasks. For example, recruitment spends a lot of time manually screening CVs. This can be a huge time-sink because estimates suggest that over 70% of resumes sent to any position are not qualified enough for the role. Recruitment will, therefore, spend a lot of time scouting for pointless resumes and wasting everyone’s time.

But with AI and good Human Resource Management System, these CVs can be scanned and analysed by the machines. That gives the recruiter only the actually good CVs – cutting out a lot of time spent on pointless tasks.

Of course, HR software can boost with other parts of the recruitment as well with automation. It can help generate job postings, send them on different platforms, respond to queries and so on. There is a range of tasks you can automate, leaving the recruiters more time to focus on tasks that benefit more from human focus.

Sourcing candidates from a wider pool

Not only is AI and HR software effective in matching the candidate with the role, it can also improve how your candidates are sourced. A good system can look for candidates from a much larger pool, ensuring you reach out to potential talent from multiple sources. The great thing about technology is that it can constantly be on the lookout for the right employee, even when you don’t actively need one. This means that you are sourcing talent all the time and not just when you are in need of it.

Reducing bias from recruitment

Human Resource Management Systems aimed for recruitment purposed can also be rather effective in reducing bias. These systems can scan candidates without knowing much about them in terms of gender or ethnicity, for example. Whenever a human is reviewing a CV, they might unintentionally have a bias against a certain type of candidate. As mentioned, this doesn’t have to be conscious or malicious but it is still more likely to happen to some extent. With AI, it is possible to reduce this bias. It can still be present to some level but it’s not quite as obvious as with human recruitment. If you want to make sure your hiring process is based on finding the right talent, then introducing AI to the recruitment process can be an important step in doing so.

Complying with local rules

When it comes to recruitment, following the local laws is crucial. For a small business, compliance is an important but time-consuming issue. The good news is that with technology compliance can become much more straightforward. Modern Human Resource Management System is always compliant with the local laws. This means that the repetitive tasks that require compliance are on the shoulders of the AI, leaving the recruiter to focus more on the actual talent. The paperwork and mundane task of reviewing contract wording, for instance, is left solely on the software to do. This can reduce the risk of creating recruitment policies and systems that are non-compliant and save a lot of time for the HR personnel.

The above shows how much companies could benefit from the correct use of HR software and especially AI solutions. It streamlines the recruitment process and saves valuable time – your HR department can be more selective in how they spend their time.