Labor shortage is the reality, which the HR department is currently facing amid the pandemic. While there were organizations that are laying off workers, there were numerous others that needed skilled workers.
To bridge this gap, it was imperative the process of talent acquisition had to be not only smooth but also strengthened. And with numerous technology advancements in the field owing to ever evolving tech developments, especially in the field of artificial intelligence (AI).
But what does it spell for talent management process in an organization. It is a given that there are numerous AI tools that can help smoothen and strengthen the talent acquisition process. Chatbots for screening candidates are the most common example of AI-driven tools.
However, there are more AI-driven tools that have been making waves in the HR industry and smoothing the talent acquisition process at the various stages of the process.
To understand how and where AI tools can help the organization with its talent acquisition process, it is important to understand what is talent acquisition and where all AI-driven tools can help one of the most crucial functions of human resource management
Going back to the basics, let’s explore the definition of talent acquisition. According to the definition — talent acquisition is nothing but a streamlined process of identifying, attracting, selecting, and retaining individuals who are highly qualified and skilled in their respective fields. Implying that talent acquisition forms the major part of the employee journey.
Talent Acquisition is the process of identifying, attracting, selecting, and retaining highly qualified individuals. This means that talent acquisition involves a key part of the employee journey. The talent acquisition consists of nine steps and AI-driven tools can be implemented at every stage of the process. Let’s explore some AI tools for the processes like sourcing, screening, interviewing, and onboarding.
Candidate Sourcing, Job Postings, and AI-Driven Tools
AI Tool and Job Ad Posting
The industry experts predict that with the help of AI tools, organizations can not only reduce language bias from the job descriptions but also increase its appeal by reducing gender-specific bias as well. Textio is one such AI-driven took that can help recruiters improve their job postings’ content.
Candidate Sourcing and AI-Driven Tools
If writing a JD can be a challenge, sourcing a right candidate, at the right time, and at the right time can be another challenge, an HR professional faces in her career. However, there are AI tools that help in candidate sourcing — Entelo, Hiretual, Beamery, Arya, Telemetry, Hiredscope, and Hireabby help in the various process of candidate sourcing.
Candidate Screening and AI Tools
As HR professionals receive a set of resumes for the JD, the process of screening starts. And the next step is to prioritizing resumes — usually done by a parsing tool using Natural Language Processing, machine learning, and deep learning to screen resumes. AI-driven tools that will help streamline the process include — Pomato, Ceipal, CVVIZ, IDEAL, Mosaictrack, and Textkernel. One can use these tools to streamline the screening process and select the best candidate.
Candidate Assessment and AI-Driven Tools
Organizations, in order to select the best candidates, are opting for AI tools that are known as pre-assessment tools. With these tools the Talent Management Professionals are able to compare the key competencies of candidates and thus select the best of the lot that suits the needs. The candidate assessment tools come in various sizes and shapes and range from personality and skill assessments to culture fit, chatbots to social skills tools. Examples include — Mya, Olivia, and Jobpal — the Chatbots, along with other AI tools like HyperRank, Harver, Kandio, Interview Mocha, and McQuaig helps in streamlining the assessment process.
There are numerous other AI-driven tools that can help an HR and a Talent Management professional in streamlining the talent acquisition process at an organization. There are AI tools like Hirevue, Calendly, and Talocity for smoothening the interview process; Enboarder, Talmundo, and Appical for offer and onboarding process at an organization.
While these AI-driven tools are helpful in optimizing the talent acquisition process, it will be good to remember that these are just the tools that can’t replace the human interaction during the entire talent acquisition. In other words, whenever you use these tools use them with a healthy balance of human interaction for better results.