How AI Is Changing The Rules In The Talent Acquisition Market

Hiring top tech talent can appear a little bit of a struggle. Considering the niche industry, there are a particular set of skills and attributes that are required in order to fill your skill set gap. However, the truth is many companies appear to be looking in the wrong places when it comes to finding talent to fill their highly skilled jobs. It’s so difficult in fact, that employers claim that it’s affecting productivity and employee satisfaction negatively.

The underlying factors include people who can fulfil the skills are currently not looking, job descriptions being unrealistic and companies being unfamiliar with the talent pool in their region. This is a problem considering the most highly tech trained jobs including machine learning engineers, data scientists and developers are offered 2 or 3 positions on a regular basis. Companies need to be flexible in the methods they use to attract top talent. This is where the introduction of AI (artificial intelligence) has revolutionised gaining top talent.

AI In The Recruitment Industry

AI has been used in a range of industries to help with search and gather crucial data to influence performance. The same goes the recruitment industry too, which aims to utilise the technology to improve search. Considering the shortage of talent pools and unemployment levels being low, it’s fair to say that AI is emerging as a tool to help gain top talent in relevant industries.

Companies that use this technology are likely to see better performance in their business compared to those who don’t. It can also be beneficial when it comes to sourcing candidates, preventing bias becoming a factor.

LinkedIn Is No Longer Considered Effective

Despite the legacy that LinkedIn has created from their traditional recruiting methods, the 15 year existence of LinkedIn hasn’t seen a major change within the recruitment industry. Most companies prefer to find candidates that are already in job roles and can be poached, rather than those who actively go on recruiting websites to seek job opportunities.

AI recruitment can rectify this problem. The search bots that it uses allows them to crawl through thousands of websites to find a good match. It also looks into avenues that recruiters normally wouldn’t look into like personal websites and meet up groups. It considers whether the candidate is a good fit for the role and the likelihood they’ll switch.

Job Descriptions Appear Poor

Companies tend to provide an exhaustive lists when it comes to job requirements for roles, which can easily put off potential suitors. This is why job descriptions should be looked into thoroughly, ensuring tweaks are made so that the right fit is possible.

AI algorithms can ensure job descriptions can be tweaked and scenarios can be created to see how these changes affect search results. With input from employers, the algorithms can learn to search for candidates that fit the job description the best.

What This Means For The Future

 The majority of industries have found an innovation within technology to disrupt it’s traditional methods to reach out to their audience. The use of AI technology can potentially do the same within the recruitment industry. Companies need to review their current stock and understand ways that AI can help to improve. In this day and age, companies shouldn’t be missing out in recruiting top talent. A candidate moving from the US to UK might not been something companies would initially think about, but AI could raise this opportunity and find that they are in fact the perfect candidate.