How to Best Use AI Recruiting Software

Key Points:

1. What are AI and ML: Artificial intelligence (AI) is the ability to apply automated actions to data. AI complements machine learning (ML), which organizes and cleanses data.
2. AI in recruiting is only as useful as its ability to help the humans using it
3. How to use it: The best use of AI recruiting software is to empower humans, providing them with the ability to remove redundant tasks, and have deeper insights for decision-making.
4. What the future holds: AI empowers recruiters with deeper insights to get the job done faster and better. AI will continue to make advancements and improve efficiencies.

In three years, 47% of the services that organizations receive will be delivered via a mix of AI-enabled and non-AI-enabled automation, according to IDC FutureScape 2020.

Despite the inevitable future, artificial intelligence (AI) and machine learning (ML) are both desired and feared in today’s fast-paced hiring landscape.

Colin Day, our founder and chairman, recapped the sentiment expressed at our annual analyst event, iNFLUENCE. Colin heard firsthand from customers and industry pundits the love/hate relationship that talent acquisition has with AI and ML.

Employers are intrigued by the idea of bringing in smart technology to aid in making faster hiring decisions. There isn’t a recruiting team out there that would pass up the opportunity to propel their day-to-day operations as they try to do more with less. However, they also fear the repercussions of relinquishing control and giving AI and ML a bigger stake in the recruiting process.

The uncomfortable stories of AI capabilities cause us to pause when considering how to best build a strategy around the technology. However, properly implementing smart technology that allows us to make better decisions shouldn’t be feared by organizations.

At the core of a successful AI recruiting software use case is a stronger human + technology partnership.

iCIMS ARI communicates, screens, and schedules interviews with candidates.

Human-led decision making with AI recruiting software

Human-led AI is the application of technology to empower users, not replace them. Human-led AI gives recruiters full autonomy, using automation and predictive insights as tools for recruiters to make stronger decisions and drive better outcomes. When your talent acquisition software and talent teams work together, technology provides the guard rails, and recruiters receive the highest level of transparency and control to make hiring decisions.

Industry analysts, customers, partners, and internal tech teams agree that the best use case of smart technologies is to bring forward deeper decision-making rather than replace human jobs.

How you can be more efficient and proficient with AI and ML

AI and ML provide insights by recognizing patterns and processing large amounts of data, then logically applying actions to that data without ever being explicitly programmed to do so. AI, ML, and automation should exist together within your talent acquisition platform.

Here are some examples of how we use it:

• Remove mundane tasks. Recruiters need time to make informed decisions, but we all know they don’t have that luxury. Resume parsing and chatbots remove mundane tasks to give recruiters more time in their day. Recruiters can then use AI-powered predictive analytics to make informed decisions.
• Foster better decision-making. Candidate matching provides recruiters with recommendations on which candidates in your talent pool might be a fit for a specific job opening. This allows recruiters to review quality contacts that you already have in your pipeline, resulting in less time spent and a lower cost to fill.
• Expose more job postings to qualified candidates. Intelligent job discovery on career sites eliminates discrepancies in spelling, acronyms, and works to better understand user intent to surface next-best keywords or job descriptions. Job discovery also highlights recommended job postings based on geographic or commuting-time preferences.

The more you understand how AI works, the more you can put it to work for you

The truth is, an AI model is only as effective as its ability to support the humans using it. That’s right—you’re still the brains of the operation who makes the final call as only a human can. AI-driven recruiting software should offer you new insights that are simple and easy to understand. It does so by offering full context around why each job match and candidate recommendation is made.

In other words, it’s explainable.

The iCIMS Talent Cloud is a talent acquisition platform fully supported by AI. Here’s how the director of technology for human resources at Microsoft, Inc. describes the impact that has on today’s hiring needs, “iCIMS is a platform that impacts business results. It has allowed us to gain better business insights under one view for better decision-making power. The Talent Cloud helps us easily adapt to new recruitment innovations with an intuitive user experience.”

How exactly does AI-based recruiting software translate into more efficient, and effective hiring? Here’s a glimpse:

5 hiring insights that AI provides to support your decision making:

1. How to optimize sourcing

A tried and true approach: Take an existing job description and add in a few new skills for upcoming requisitions, then post it to your top-performing job board.

The outcome: The same candidates you’ve always gotten.

Think about how your current sourcing approach can lead you to talent with diverse views, skill contributions, and experiences. AI gathers various insights to predict how a job listing may perform in a certain location or how its language may build unintentional bias.

Not only will you be more strategic about how you allocate sourcing time and budget, but the skills within your workforce will also expand. No extra work required.

2. The applicants best-qualified for your unique organization

There’s currently no shortage of applicants for U.S. employers. In fact, our data shows that since May of this year applications increased by 24%. As remote work continues, we’re likely to see more of a jump from previously inaccessible global talent. So how do you carefully review a high-volume of applicants and confidently progress the best group to interviews? You define what quality means for your business.

You’re likely fond of automated resume parsing that quickly evaluates the credentials, keywords, and knockout question responses submitted by each applicant. What you may not be seeing is the amount of candidates that won’t progress past the first phase based on that limited data set. AI-driven candidate matching can automatically search 100% of available resumes and return prioritized recommendations and matches. Each resume is evaluated against your defined criteria for a best-fit, along with any previous interactions and search activity.

The result is  recommendations that increase match quality and reduce subjective recruiter assessments that maybe unintentionally biased. At the same time, new job seekers can access highly-relevant roles and personalized recommendations on your career site.

3. The best-fit hires for every role

When you have full confidence that you’re moving the right people through your workflow stages, you’re set up to make the best hires for your company’s long-term success.

An applicant tracking system supported by AI shows your recruiters a prioritized list of candidates in their pipeline. That happens right within the workflow they are already accustomed to simplify the decision on who to progress at any stage.

Your team makes the ultimate hiring decision but now they can do it with data on their side. AI continuously learns from decisions even if they differ from generated recommendations, to build a repeatable process for similar hiring types.

4. How to best allocate your recruiters’ time

AI is here to support you in several day-to-day tasks. Its ability to make sourcing and candidate review more efficient avoids unnecessary drain to your team’s time and resources. That means reduced pressure to make decisions fast when quality matters more than ever.

Adding a conversational AI chatbot to your career site or automated texts to scale engagement are some of the ways you can gain hours back in each day. Just ask Domino’s largest franchisee how it decreased the organization’s time to fill by 80%.

And don’t worry—when it comes to critical interaction points, we know human connection is unmatched. Let the digital assistants answer common questions with pre-configured responses, pre-screen your talent, and schedule interviews then simply transition to a live recruiter.

Here’s 3 of many future-looking activities you could invest in with the time AI-driven automation saves.

5. How to advance and upskill internal talent

When a role opens, do you consider internal candidates? What if you could fill a role without ever posting externally, knowing the hire is productive, engaged, and committed?

This year has shown us the power of internal talent mobility platforms to fill skills gaps, especially as employees build skillsets that may qualify them for roles they weren’t fit for when they joined your organization. It just requires a new way of thinking about hiring.

AI brings internal employee profiles into consideration every time it recommends the best-fit for your roles. That gives you the best insight into where existing employees fall within the ranking of top candidate matches—even if they aren’t actively looking. The ability to explain and interpret recommendations helps you understand the “why” behind each match, to support internal mobility or upskilling conversations with your talent.

If an internal match isn’t quite ready for a role switch now, your HR team will appreciate insight into future mobility discussions to support the business.

Read LeapGen’s take on how a complete talent picture supports talent retention here.

What to look for in the coming year

Continue to look for solution providers that not only make your end user’s day-to-day tasks easier but also provide the level of control and transparency needed for the tech to be truly “human-led.” As Colin noted, “we now need to find ways for people and humans to work better together as we move into the future.”

Learn more about industry reactions to and expectations for AI and ML by reading Colin’s article on iNFLUENCE.