Artificial intelligence (AI) has seen huge growth recently and significantly reshaped the recruitment world. According to the Deloitte 2023 Global Human Capital Trends survey, more than 90% of business leaders believe that using the technology to improve work outcomes and team performance is critical to an organisation’s success – but only 22% of them are confident about using it. Let’s explore some of the benefits of AI in recruitment:

1. Automated sourcing and CV screening

AI-powered recruitment tools use machine learning algorithms to analyse CVs quickly and accurately and match them with job requirements. This process saves HR professionals time and effort, and improves accuracy, efficiency and quality of hire. Chatbots play a critical role throughout the recruitment process, with automated messaging systems communicating with candidates via message or voice chat.

2. Predictive analytics for employee engagement and retention

Using AI-powered predictive analytics, businesses can tap into employee behaviour and identify patterns and correlations that can help predict which employees are at risk of leaving the company. This means HR professionals can make data-driven decisions to retain key talent and improve employee satisfaction.

74% of organisations agree that analytics improve diversity throughout the hiring process. Hiring professionals can use recruitment analytics to disregard gender, age, socioeconomic background and race when assessing profiles to ensure fair screening of candidates and build a diverse workforce.

3. Onboarding and training

AI isn’t just for new hires. According to a Deloitte report, AI and machine learning will contribute to a 37% increase in workforce productivity by 2025 with tasks like analysing performance data and identifying knowledge gaps; AI-powered systems can recommend personalised training modules and resources to help employees advance their skills.

Despite the pitfalls – including the risk of false information and subsequent harm to an organisation - automation and AI will continue to transform the talent acquisition process by automating routine tasks, such as CV screening, interview scheduling and candidate outreach. But human oversight is clearly critical. At Grace May, we prioritise relationships – but embracing new technology is always part of the process.

Looking for your next candidate? Here at Grace May we have a proven track record in matching the right people with the right jobs. Get in touch to find out how we can help.