Artificial Intelligence (AI) Use Cases in Recruitment
Business advice
The potential uses of AI in recruitment are vast – and increasingly within reach.
Whether it's Al algorithms that scan thousands of CV in minutes, chatbots that offer candidates round the clock support, or Machine Learning (ML) systems that can predict if a candidate is right for a particular job, the buzz around AI and the recruitment industry isn’t going away.
This article from the REC unpacks the use cases for these tools and what they can do for your business will enable your business to effectively leverage these tools for a more dynamic, efficient, and inclusive recruitment process.
Why should your business care about AI?
The potential benefits of AI to your business include:
- Increased efficiency. By using AI to support with admin tasks like CV formatting and interview scheduling you could save your business time and increase efficiency
- Bigger pools. AI can be used to find candidates that a typical search might not identify, leading to better short lists and role conversion.
- Enhanced candidate experience. AI-powered chatbots, for example, can provide quick responses and updates, even out of working hours.
It is also important to remember that even if business leaders aren’t ready to embrace AI, it is already here and may already be being used in your business.
Don’t forget about the risks.
Though there are many benefits on offer to your business when implementing AI, these technologies also come with risk. Make sure your business has covered its bases.
Though there is no single AI regulation in the UK (yet), there are still laws and regulations your business needs to be aware of. Considerations around bias and fairness, data privacy, transparency and the important of the human touch, are all areas your business must consider.
AI is transforming recruitment, making it faster, more efficient, and cost-effective. Businesses need to also remember the potential risks and take steps to address them.
The REC’s new advice hub for using AI in the recruitment sector is your one-stop-shop. It has the essential guidance, best practice and compliance information you need to navigate AI and emerging technologies in your business.
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