Trends In Emerging Hiring Technology

In a study by Oracle Future Workplace, almost 64% of HR managers have reported trusting a robot to assist in HR functionalities. Businesses have invested in cognitive computing and AI to enrich and rework their process flows


Human Resource Management has seen a paradigm shift over the past decade, especially in the COVID-19 affected world. As Work from Home becomes a new norm rather than an exception, companies across the globe have streamlined HR processes to recruit, train, assess performance and retain employees with the help of technology.

Artificial Intelligence integration in HR processes is practical, efficient, and cost-friendly in the long run. Digital transformation has become a necessity today, and HR practices must match employees' and shareholders' expectations.

In a study by Oracle Future Workplace, almost 64% of HR managers have reported trusting a robot to assist in HR functionalities. Businesses have invested in cognitive computing and AI to enrich and rework their process flows.

Remote hiring

While talent and skill are essential in a candidate for hiring, the recruitment team works on onboarding potential talent with the right fitment in the company. The integration of technology is helping HR teams and recruiters to venture through unexplored geographical barriers by hiring top talent remotely from across the world.

Video conferencing tools such as Zoom, Cisco Webex, Microsoft Teams, HireVue, etc., have empowered them to expedite the onboarding process.

Adoption of Analytics

The growing inclusion of analytics and visualization defines how HR department is carrying out its strategies and fulfilling organizational requirements.

With the use of predictive analytics, recruiters are now able to predict future trends by using historical datasets. Analytics helps them understand cost per hire,

diversity, time to fill the form, vacancy cost and other such essential hiring metrics. It lessens the turnaround time and optimizes the evaluation process efficiently and cost-effectively.

Artificial Intelligence

There is a marked improvement in the HR team's performance indexes compared to the pre-COVID times. The frequently changing scenarios brought about by this pandemic have led to boost in creativity and active mentoring activities. As a result, there is an overall increment in employee satisfaction and engagement that will last for the long term.

For any organization, to make sure that its HR processes areat par with industry standards and expectations, the first step is to bring AI, ML, and NLP to create smart forms that can reduce HR workload as the first screening is accomplished by technology. Background checks are another cumbersome aspect of hiring. AI can be of tremendous help in fast-tracking the process.

When technology is used to filter candidates at the first step, the initial screening HR finds it less cumbersome to delve into the psyche of the potential candidate to make suitable matches. NLP and AI have been found highly successful in mapping employee potential.

In Alok Bansal's words, " A good hire is a bottom line for any company. Smart HR processes are the future. They save time, energy, and subsequently money. Candidate experience is addressed successfully, and technology matches the right person to the best-suited role. Human intervention may miss the finer personality traits that smart forms catch as a pattern. Technology is also helping enhance retention and employee satisfaction, leading to higher engagement.

Automated employee referrals for smart hires

Even though recruiters have various platforms to find suitable candidates, employee referrals are the good old-timers that still work. Employee referrals are an integral part of hiring and adds credibility to the recruitment process. AI can play a significant role in analyzing past performances and recognize potentially successful candidates.

Agile and adaptable technology can be the future of canvassing and retaining exceptional talent. Companies can execute employee recommendations for new hires, lateral switches, and promotions based on relevance and synergy.

Efficient AI and data science algorithms not only provide a clearer picture of candidates, but technology in hiring is also the next step to a global village as the world progresses to more flexible work-from-home options. An integrated workforce may incorporate employees from all corners of the world as geographical boundaries become redundant with technology. When implemented in the hiring process, there is no doubt that technology can transform the way companies hire and create synergy and seamlessness in the workplace.

(The given article is attributed to Alok Bansal, MD, and Country Head- Visionet India and solely created for BW People)


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