63% Companies Utilising AI-Driven Recruiting Tech Experience Candidate Quality Improvement
Within the intricate tapestry of the corporate world, lies a robust network of professionals who actively work together to elevate the standards of their respective business domains. Hiding behind the murky shadows of the recruitment cycle, it’s an understatement to say that hiring suitable employees is the key to unlocking exponential growth and success for any organisation. Although, over time the process of identifying the ideal employee has been penetrated with a layer of uncertainty, characterised by an increasing number of employee frauds.
Instahyre has recently unveiled in its E-book the craft of Smart Hiring powered by automation and technology integration. Simultaneously, a recent survey by HR.com states that 63 per cent of organisations leveraging AI-driven recruiting technology reported an improvement in the quality of candidates, clearly showcasing the efficacy of technology in assisting recruiters in identifying the best-fit candidate, in terms of both soft and hard skills.
Commenting on the changing recruitment landscape, Sarbojit Mallick, Co-founder of Instahyre, said, “Long gone are the days of manual sourcing and screening, in today’s age, recruiters don’t follow a rigid process but are actively learning to master the craft of Smart Hiring. We’re thrilled to become the catalyst for this wave of technology-led hiring with actionable hacks, which is rooted in refining the process of recruitment with time-saving and efficiency enhancement at its forefront.”
Being cognizant of the role played by the right employees in leading the road to success, Instahyre in its E-book has also revealed the potential of channeling AI's power to review applications, especially with the advent of AI-powered automated application review systems. According to a survey by Jobvite, 52 per cent of recruiters stated that the hardest part of their job is identifying the right candidates from a large talent pool, against which such systems filter unqualified candidates, allowing recruiters to focus on the most promising applicants.
Beyond the realm of technical skills, in today’s fiercely competitive corporate world, the role played by soft skills is paramount. Taking center stage in the hiring process, these are intangible attributes that delve deep into assessing collaboration, communication, adaptability, and other abilities. In tandem with this, the Instahyre E-book sheds light on the intricate relationship between soft skills assessment and leading-edge tech. Although 75 per cent of employers still use behavioral questions, a recent survey highlighted that using AI-based tools is one of the best ways to determine soft skills.
Apart from this, organisations capitalise on the power that social media to stay competitive in a digitally driven world. Subsequently, it helps organisations keep a hold in accelerating the search and recruitment of good-quality hires. The failure of traditional recruitment techniques to capture the attention of GenZs and millennials has necessitated the augment of a new smart playbook to pique their interest. By this, Instahyre’s E-book reveals the key significance of having an active presence on diverse social media platforms as a study shared by Aberdeen Group found that 73 per cent of job seekers between the ages of 18 and 34 years found their last job via social media.
Furthermore, the E-book also unveiled research conducted by Deloitte which indicated that enterprises continuously improving their hiring process are 2.5 times more likely to make quality hires.
