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Artificial intelligence (AI) is getting a lot of attention in many industries. Companies are looking for new ways to utilize technology to improve, speed up, and make processes more efficient.
One area of recruiting that most companies will agree needs some improvement is hiring time. It simply takes companies way too long to replace someone if they leave the organization. The amount of time it takes to replace someone only increases at the management and executive level.
Taking too much time to hire impacts productivity and places more stress on others to pick up the slack. According to a recent report by LinkedIn Talent Solutions, Artificial Intelligence: Your Secret Workhorse, 76% believe artificial intelligence will be at least somewhat significant for recruiting.
What many people are realizing is AI is not a threat to jobs; it’s a tool they can use to become better at what they do – recruit.
The report outlined four top benefits of using AI solutions as part of the recruiting process. They are:
AI can help improve processes and save time with many of the menial tasks involved in recruiting. The report found AI to be the most effective for these tasks:
Learn more about the potential impact AI and other technologies can have on the recruiting process. Read these posts by our recruiting experts:
IQ PARTNERS is an Executive Search & Recruitment firm supporting clients across the country. We help companies hire better, hire less & retain more. We have specialist teams of recruiters in Technology (IT), Accounting and Finance, Consumer Goods, eCommerce and Retail, Financial Services and Insurance, Startup, Cannabis, Big Data, B2B and Industrial, Operations and HR, Professional Services and Legal, Media, Digital and Marketing, Pharmaceutical and Life Sciences, Emerging Technology and Telecom, and Sales. IQ PARTNERS has its head office in Toronto and operates internationally via Aravati Global Search Network. Click here to view current job openings and to register with us.
Bruce co-founded IQ PARTNERS in 2001 and currently operates as Managing Partner. His personal background includes hands-on management experience in sales, marketing and marketing services. He has built management teams for a wide variety of marketing, communications, media and technology companies. He has also participated in several M&A transactions for service-based companies and is frequently called upon as a resource in the planning and negotiation of such deals.