'Artificial intelligence helping to evolve role of recruiters'

Image
Press Trust of India New Delhi
Last Updated : Feb 09 2018 | 2:55 PM IST
Artificial intelligence (AI), instead of making the role of the recruiter impersonal and robotic, is acting as a useful tool that provides information necessary to source and hire higher-quality professionals, says a Korn Ferry survey.
According to the survey by the global talent management solutions provider, 64 per cent of APAC respondents said AI has changed the way recruiting is done in their organisation, with 76 per cent saying using it as a sourcing tool generates higher-quality candidates.
"AI helps us dramatically enhance outcomes by reducing the time spent on sifting through large numbers of candidate CVs to find those best matched for a particular position," said Pip Eastman, Korn Ferry Managing Director APAC Regional Solutions.
Eastman further said, "This is particularly true in emerging markets where there are many potential candidates, but niche skills are in short supply".
Half (51 per cent) of respondents said big data and AI are making their roles easier, with 40 per cent saying the top way it helps is providing valuable insights, and 34 per cent said it has freed up their time.
Of the 14 per cent of respondents who said AI has made their jobs more difficult, the majority say they have too much data and they do not know what to do with it.
"Data for data's sake is not a solution for smart talent acquisition practices," said Franz Gilbert, Korn Ferry Vice President of Product Innovation.
Gilbert further noted "recruiters need to refine their skill sets and work with the right kind of AI tools that will provide them with critical information such as compensation analysis and supply/demand reports on particular job categories in specific regions".
Korn Ferry surveyed 770 talent acquisition professionals from across the globe in November and December 2017.

Disclaimer: No Business Standard Journalist was involved in creation of this content

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Feb 09 2018 | 2:55 PM IST

Next Story