How AI transforms the entire hiring process – from candidate sourcing to onboarding

– By Sarbojit Mallick

The present digitally-driven world is moving at an unprecedented pace. Forward-moving organizations are constantly seeking innovative ways to optimize their recruitment strategy. Considering the burgeoning need for a highly efficient and effective recruitment process, the use of Artificial Intelligence (AI) is taking the industry by storm. It brings a tectonic shift in the present market landscape demonstrated by the market size of the AI-powered recruitment software market, projected to reach USD 890.51 million by 2028.

Imagine a scenario in which you are a recruiter and your company has mandated you to hire 20 non-tech professionals across departments in a month. Hiring the right candidate within a short timeline can be cumbersome and time-consuming. That’s where AI integration comes in. Advanced AI tools can seamlessly supplement the recruiter’s job by streamlining certain mundane tasks, facilitating unbiased hiring and providing relevant data for insightful decision-making. 

Also Read RBI announces changes to KYC rules! How it will impact you Global cues for markets at this hour – Here are top 4 factors to watch ahead of market opening Titan boosts efficiency with AI, GenAI in manufacturing, retail Sebi plans to expand scope of UPSI

Also ReadAll Indian firms plan to boost investments in Gen AI: NTT study

AI continues to revolutionize the recruitment space

The integration of AI in the human-oriented sector reshapes the future outlook of recruitment. It blurs the line between human input and AI capabilities, opening more avenues for organizations to acquire highly skilled talent. This revolution is not aimed at replacing recruiters, instead, it augments their efforts by making hiring more optimised, lean, and humane than ever before. The advancements in AI-enabled recruitment tools further revolutionises the way we attract, engage, evaluate, and onboard talent. 

Increased optimization and efficiency

AI tools ease human recruiters’ jobs by streamlining processes such as resume screening, interview scheduling, and initial resume shortlisting. By taking over mundane tasks, they help recruiters focus on more critical and productive tasks. Recent stats suggest that 42% of recruiters forecast AI to play a more strategic role by enabling professionals to engage in relationship-building, proactive hiring strategies, and educating recruiters and talent managers in using AI for better efficiency in hiring. 

 » Read More

Related Articles

HT Media CEO Praveen Someshwar to replace Hina Nagarajan as CEO of Diageo India, effective March 1

United Spirits (Diageo India) has announced that Praveen Someshwar will be appointed as the new chief executive officer-designate starting March 1, replacing Hina Nagarajan. Nagarajan, who has successfully led Diageo India for four years as the managing director and CEO, will be joining Diageo’s global executive committee. This leadership transition marks a significant moment for

HCL Tech gave a 7% hike to employees, but the CEO’s salary grew by 190%

HCL Technologies (HCLTech), one of India’s leading IT firms, reported a modest 7% average salary hike for its employees, while its CEO, C Vijayakumar, received a staggering 190% increase in remuneration for the fiscal year 2023-24. The company also posted robust Q3 FY25 financial results, including a 5.5 per cent rise in net profit to

Activate your UAN for EPFO’s ELI scheme by THIS date – Step-by-step guide here!

The Employees’ Provident Fund Organisation (EPFO) has extended the deadline to January 15, 2025, for activating the Universal Account Number (UAN) and linking it with a bank account and Aadhaar to avail of benefits under the EPFO’s Employment Linked Incentive (ELI) Scheme. Originally, the last date was set for November 30, 2024, but it was

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Stay Connected

0FansLike
0FollowersFollow
0SubscribersSubscribe
- Advertisement -

Latest Articles

HT Media CEO Praveen Someshwar to replace Hina Nagarajan as CEO of Diageo India, effective March 1

United Spirits (Diageo India) has announced that Praveen Someshwar will be appointed as the new chief executive officer-designate starting March 1, replacing Hina Nagarajan. Nagarajan, who has successfully led Diageo India for four years as the managing director and CEO, will be joining Diageo’s global executive committee. This leadership transition marks a significant moment for

HCL Tech gave a 7% hike to employees, but the CEO’s salary grew by 190%

HCL Technologies (HCLTech), one of India’s leading IT firms, reported a modest 7% average salary hike for its employees, while its CEO, C Vijayakumar, received a staggering 190% increase in remuneration for the fiscal year 2023-24. The company also posted robust Q3 FY25 financial results, including a 5.5 per cent rise in net profit to

Activate your UAN for EPFO’s ELI scheme by THIS date – Step-by-step guide here!

The Employees’ Provident Fund Organisation (EPFO) has extended the deadline to January 15, 2025, for activating the Universal Account Number (UAN) and linking it with a bank account and Aadhaar to avail of benefits under the EPFO’s Employment Linked Incentive (ELI) Scheme. Originally, the last date was set for November 30, 2024, but it was

Dividend announcement: HCL Tech declares fourth interim dividend of Rs 18

IT major HCL Tech on Monday announced an interim dividend of Rs 18 per equity share of Rs. 2 each of the company for the Financial Year 2024-25. This, it added, included a dividend of Rs 6 per share to celebrate 25 years of the Company’s public listing. In a regulatory filing, HCL Tech said

This supermart’s shares slide 6% as brokerages cut target price; Read to know why

DMart, operated by Avenue Supermarts, declared its Q3 numbers over the weekend. Avenue Supermarts shares plunged 6% in Monday trade to an intra-day low of Rs 3,469.95. The fall in stock price came after brokerage houses cut the target price on Avenue Supermarts as they see pressure on margins poon high competition from quick commerce