Can AI Solve Your Hiring Problems? Posted on : Jun 12 - 2021

In April, the number of job openings hit a record 9.3 million, according to data from the Labor Department. With the pandemic fading away, there has been a scramble to hire new employees and this has become a major challenge for companies.

So then can AI (Artificial Intelligence) help out? Well, it definitely can. The irony is that many companies are using the technology—and don’t even realize it! The reason is that AI is built into the top online job sites.

“For example, when you type in a search for a job title, say with the phrase ‘job manager,’ the LinkedIn engine will not only look for the title itself, but also people with relevant skills like time management, team coordination, risk assessment and so on,” said Sakshi Jain, who is the Engineering Manager on LinkedIn’s Responsible AI team. “This means that a recruiter gets more results than just the people who already have the exact title or role.”

One of the key powers of AI is that it can detect complex patterns in huge data sets.  In a way, this can simulate the capabilities of a recruiter. And this is definitely important when it comes to finding passive job candidates.

“In a study we recently published, 74% of talent leaders told us they’ve increased outreach to passive candidates in the past year,” said Hari Kolam, who is the CEO of Findem. “AI greatly speeds up the passive recruiting process–one where it can take upward of ten hours to fill a single role. It can index and surface information on people from hundreds of sources as passive candidates typically aren’t on job or career sites, and many people tend to only include piecemeal information on their LinkedIn and other profiles.”

AI can also help with personalization. This can be a good way to create a good first impression with candidates.

“Currently, there are many hiring workflows that are incredibly inefficient, including the scheduling of interviews and follow-up emails for candidates,” said Vivek Ravisankar, who is the CEO of HackerRank. “With the use of automated scheduling and email follow-ups, AI can help free up valuable time and solve the major pain point of extensive back-and-forth coordination with candidates and interviewers.” View More