With hiring practices evolving over the last decade, the use of Artificial Intelligence in recruitment has gained traction like never before. In fact, 96% of senior HR professionals believe AI tools have the potential to significantly enhance talent acquisition and retention.
At SSR, we noticed that our page featuring the best AI recruiting tools was slowly but surely getting a lot of interest too. A closer look at our analytics showed a 73% increase in traffic to the page in 2021 as compared to the previous year. Here's a visual representation of what that looks like.
While the clicks could be influenced by many factors, including the page ranking for specific keywords, Google Search Console also shows significant searches for the keyword 'AI recruiting' across the web.
Over the last six months alone, there has been a 28% increase in the number of people looking for AI recruiting software worldwide. The countries with the most notable increase in interest are:
What's interesting to see is that while the interest in AI recruiting tools grows at a rapid pace in the United States, newer up-and-coming geographies are also embracing the latest HR Tech.
Research and studies conducted by CareerBuilder, Deloitte, and Undercover Recruiter show:
AI has proved to be instrumental in taking large volumes of unfiltered data that a human being couldn't possibly process and turning it into data sets and actionable information that can be worked on. And it can do precisely that in recruitment.
Here are three use cases where AI can lead to a more data-driven approach to hiring:
1. Sourcing: With the acute shortage of global talent and burnout being a very real thing, AI is the perfect solution to source, sort, match, and score candidates. Because the technology can navigate high volumes of applicants at astonishingly high speeds, the time to hire also significantly drops. It's a win on all fronts!
2. Diversity hiring: AI helps eliminate unconscious bias and brings accountability into the recruitment process. If your organization has diversity hiring goals, it will help keep them on track. If not, it will enable HR teams to self-audit, get transparent, and make sure there’s no hiring bias.
Related: Best Diversity Recruiting Software
3. Programmatic Advertising: Using AI, employers can run targeted ads, in turn, ensuring that they reach the right candidate audience. In a time when finding the right employees is no easy feat, this tool can prove to be invaluable.
The increasing use of AI recruiting tools in talent acquisition is evident, especially among companies that focus on workforce diversity, recruiter efficiency, and hiring quality candidates. However, this is just the beginning of the infinite potential of AI in every facet of HR.