Delhi, New: It’s possible that your job application will be rejected before it is reviewed by a human.
Businesses in a variety of industries are utilizing generative AI and other artificial intelligence tools for candidate sourcing, resume screening, skills evaluation, predictive analytics, and bias reduction during the hiring process. In certain companies, managers conduct interviews with the assistance of GenAI bots, whereas human involvement begins only during the interview stage.
While there are a number of worries, including those about data privacy, the possibility of discrimination, and the inability to see potential in applicants, HR directors claim AI is speeding up and streamlining the hiring process for them.
According to Ritu Bhatia, global hiring leader at Genpact, AI tools have eliminated human intervention in the hiring process up until the interview stage, accounting for 40% of new recruits. According to Bhatia, the use of AI has increased recruiter productivity by 15% and shortened the hiring process from 62 days to 43 days.
Increased Production for Cos: AI tools aid in the analysis of past data, current market trends, and internal talent.
