The Rise of AI in HR: Leveraging Technology for Smarter Recruitment and HR Operations
Technology, a boon or curse is the most interesting topic in today’s world. Those who use the technology in their day-to-day life to do the efficient work like in schools, colleges, offices consider technology as boon but on the other hand the ones that are getting spoiled by the technological advancements they make the story for other part of the debate, the part where technology is seen as a curse. In our blog we will see whether the advancement of technology, mainly Artificial Intelligence or commonly known as AI is for the greater good or it is still a curse. Many of you know the meaning of AI but let me introduce it in simple terms for everyone. Artificial Intelligence or AI is a method in which we make machines intelligent with human experiences and behaviour. We try to make machines think and act like humans. Many of us can ask that what is the benefit of making machines smart if already a human is able to do the job. Making machines work like human has a whole lot of benefits be it doing work in less time, observing all the options and trying out the best solutions. Machines can do lot more in just few seconds. One such technological advancement can be seen in the rise of AI in human resources. AI can do wonders if used properly in the companies. It can transform the way companies recruit, manage and develop their workforce. According to Oracle study, 50% of workers are currently using some form of AI at work, compared to 32% last year, with workers in some countries adopting AI over 2X more than others. Another article on LinkedIn talks about the boosting performance because of AI. It says AI-driven solutions in HR can boost employee performance by 17%.
Let’s discuss some ways in which we can use the efficiency of AI in HR:
1) Efficient Recruitment
Auto Scanning can quickly scan and evaluate the resume of employees according to the requirements of job position. AI algorithms can match job requirements with candidate profiles, helping HR teams identify suitable candidates more effectively.
2) Employee Onboarding
AI-driven onboarding process can help with immediate access to information, it can answer questions and guide them through the starting processes.
3) Performance Management
AI can be used to track and keep the record of employees and their work. It can recommend personalized development plans to help employees grow in their roles.
AI can assist in the continuous assessment of employee performance by analysing data from various sources, such as project outcomes and peer feedback.
4) HR Analytics and Reporting
AI can process vast amounts of HR data to provide insights into trends, employee satisfaction, and productivity. Predictive analytics can help HR departments plan for future talent needs and make data-driven decisions.
5) Data Security and Privacy
AI can assist in identifying and mitigating data security risks by monitoring for suspicious activities and ensuring that sensitive HR data is adequately protected.
So after looking at the work the AI can do in an organisation we can come to a conclusion that yes technology is a boon even if it has its negatives and limitations but every coin has two faces, isn’t it?