The hiring industry has evolved to a great extent and artificial intelligence (AI) has only made things better for the HRs. 76% of HR leaders already believe that adopting technologies like generative AI is essential for staying ahead. Automation and AI in talent hiring can help transform the traditional hiring process by streamlining the screening process. Now, the question is – are you aware of the initial phases of hiring? How do you manage them? Let’s learn how our team at Hyqoo makes the hiring process easier with AI.

Streamlining Initial Phases of Hiring with Hyqoo

Integrating AI into talent screening helps hiring managers enhance hiring efficiency and accuracy. It usually begins with a deep dive into existing AI technologies through a talent cloud platform and preparing your organization for efficient adoption.

At Hyqoo, we use advanced algorithms to analyze your project requirements and skill needs to curate a list of high-quality talent for your teams. Here is how we streamline the initial phases of hiring to ensure an efficient AI screening process:

1. Identify Suitable Talents

HR Managers spend over 13 hours weekly on talent searches. At Hyqoo, our AI-powered platform has data from pre-vetted professionals with expertise across different technology domains. The tool assesses talents’ skills and experiences and matches them with relevant jobs, making talent hiring more targeted and efficient. Our talent cloud solutions also enable you to create personalized Employee Value Propositions for each talent to customize your outreach to their individual needs. 

2. Screen CVs and Applications

Numerous companies worldwide get 250 job applications per opening. Handling such a huge volume can be time-consuming and challenging. You can leverage our talent cloud platform to streamline this process by scanning and extracting key information efficiently using AI. This information is usually extracted from resumes, including education, experience, skills, and qualifications. The automation process also eliminates unqualified talents to speed up hiring. This enables human resource professionals to concentrate on evaluating talents who meet essential requirements.

3. Conduct Background Checks

AI in talent hiring enables you to conduct thorough background checks once the professionals are selected for a particular role. In short, AI algorithms automate the process instead of any manual checks or hiring external agencies. 

We have automated tools that analyze diverse data sources, including criminal records, employment, and other relevant references. This process ensures informed decision-making by highlighting all kinds of potential concerns regarding a particular talent. It also safeguards the hiring process’s integrity by protecting the organization from risks.

4. Real-time Updates

67% of talents have a record of visiting companies frequently that send regular updates during the application process. Many of these companies use AI chatbots to update talents on their application status, interviews, and onboarding processes. 

At Hyqoo, we provide this real-time feature as part of our talent cloud solutions. It reduces miscommunication, improves the talent experience, and reduces HR managers’ administrative workload.

5. Digitize Interview Processes

We have AI-powered video interview platforms that simplify interviews by facilitating virtual interactions. You can record their responses to assess their communication skills, body language, and job fit. A video interview analysis will provide detailed insights to help you make informed decisions. This automated process saves time and resources, promoting a fair and inclusive hiring experience.

6. Generate Job Offers

AI can create job offers by considering numerous predefined criteria, talent qualifications, and preferences. These tools automate the onboarding process, providing talents with relevant and timely information. These talent cloud solutions streamline hiring and consistency in the offer creation process and also speed up the final stages of hiring.

7. Streamline talent Onboarding

The talent cloud platform streamlines the onboarding process by automating paperwork, compliance, and training for a smoother transition into the organization. This process enhances efficiency, promotes a positive onboarding experience, and also boosts employee retention.

Benefits of Using AI in Hiring

AI in talent hiring brings numerous advantages that enable you to enhance the efficiency, fairness, and effectiveness of hiring processes. Let us explore the crucial benefits below:

• Elimination of Human Bias

AI-driven screening reduces all kinds of human bias in hiring by using only objective data and predetermined criteria. Algorithms decide based on skills, qualifications, and experience, which promotes a fair and unbiased hiring environment for equal opportunities and a more inclusive hiring process. That is why over 61% of HR professionals credit hiring automation for eliminating all kinds of unconscious bias in their hiring process.

• Augmented Talent Diversity

Conventional hiring methods may miss out on numerous qualified talents. This is usually because of geographical constraints or limited reach. In contrast, an AI-driven talent cloud platform can enhance diversity in talent pools. 

The best part is that the talent search happens regardless of location, which emphasizes objectives and unbiased evaluations. Hence, AI enables the creation of an ecosystem with augmented talent diversity, where talent is chosen solely based on merit, skills, and qualifications.

• Cost Savings

Working with a talent cloud platform and using AI-based screening can save organizations money. Did you know that early adopters of AI hiring were able to cut screening costs by 75%?  

Yes, these organizations were also able to boost revenue per employee by 4% and lower turnover by 35%. Numerous automated processes for resume screening and talent assessments contributed to this positive outcome. 

Talent cloud solutions powered by artificial intelligence also enhance the quality of hiring, resulting in reduced turnover and long-term cost savings. 

Hyqoo: The Most Efficient Talent Cloud Platform

If you want to stop limiting your search for talent to only local pools, then Hyqoo is the best place for you. We offer an efficient talent cloud solution that enables you to hire skilled talent without wasting any of your time or resources. Our team works consistently to provide you with services that streamline your hiring process and make it easier over time. 

All you need to do is share the requirements of your ideal talent with us, and our experts will leverage the advanced algorithms to analyze your project requirements and skills needs. This enables us to create a list of suitable talent from our global network, which accounts for almost 14 million talents. So, it’s time you switch to Hyqoo if you want to streamline the initial phases of hiring with efficient, AI-based screening processes. 

FAQs

• Can AI replace HR managers in the workplace?

No! While AI can help automate some steps in the hiring process, it cannot entirely replace HR managers. Human interaction, judgment, and decision-making are crucial in the hiring process, which AI cannot cover.

• Does AI reduce bias in hiring?

Yes! AI helps reduce bias during the initial screening process. It ignores judgment and focuses on important criteria like potential, experience, and skills of the talent. It also helps increase diversity and inclusion in the workplace.

• What are the risks associated with AI-based hiring?

Potential algorithmic bias and data privacy are two major risks associated with AI-driven hiring. Heavy reliance solely on technology and neglecting the human element involved in the hiring process can affect the overall quality of talents employed.