Lucas Reider’s Post

Will AI change the recruitment market soon?!⚠ ✔ Recent studies show a significant shift towards AI integration in hiring, with around 65% of recruiters now using AI and a projected global AI recruitment market growth rate of 6.17% through 2030 (Demand Sage 2024). But I see also the key concern here: Will AI replace recruiters in companies and automate staffing and hiring soon?👀 As the Germans say, 'NAJA!😉 ✔ The fact is that, AI's role isn't about replacing but enhancing the capabilities. AI algorithms can expedite the hiring process by automating initial candidate sourcing and screening, boasting up to 90% accuracy in some cases to find the Best Fit! ✔This efficiency not only saves time but also mitigates unconscious Biases, promising up to 40% bias reduction and fostering more diverse teams (ANSR). However, there are gaps too: About 35% of recruiters fear that AI might overlook candidates with unique skills, and 26% worry about its potential impact on the HR industry (Hero Hunt). Interestingly, while AI offers remarkable efficiency and potential for bias reduction, the need for human oversight and strategic input remains crucial.😶 So, AI is to be a transformative force in recruitment, offering efficiency and potential bias reduction, but with a continued need for human oversight and strategic input. Excited to hear your thoughts and experiences in #recruitment and #AI? #Peopleanalytics #Data #HRtech

AI is a terrific tool that can be used across all professions, but it’s one tool in many to use. S3 has no plans of replacing that special human touch that makes the hiring experience personal. https://lnkd.in/g-_9aUx4

Has anyone tried using AI to make hiring less of a headache?   🦄 Hiring top talent feels like chasing unicorns these days. Even seasoned HR pros spend countless hours trying to fill positions. It's critical to enrich every step of the recruitment process to provide the best candidate experience. Last December, I got to work with our awesome Dev Team on a HR AI proof-of-concept. The goal? Get the best hires, reduce time/cost wastage, and deliver superior candidate experience.    Here are my key learnings from this project: 💭 Myth busting AI in HR    - AI won't replace HR pros but will enhance our capabilities.   - AI can actually reduce human bias in hiring.   - The key is fusing AI power with human empathy.    🔑 Unlocking AI's Potential in Talent Acquisition   - Minimize recruitment costs by automating sourcing, screening, scheduling (Per SHRM data, total cost of hire is often 2-3x the salary due to 60% soft costs like time spent). - Enhance efficiency so teams focus on high-impact work.   - Improve candidate satisfaction with tailored outreach and instant responses.   - Reduce bias by evaluating purely on skills/qualifications.    Incorporating AI doesn't mean losing the human touch - it empowers us to enhance conventional hiring practices. I'm excited about the future of HR with AI! #hr #ai #humanresource #hiring 

Everyone says AI will replace human recruiters — but we 100% disagree. Here's why While AI is revolutionizing recruitment, human judgment remains crucial. Recent survey data shows that 56.8% of companies use AI as a supportive tool, relying on human judgment for final hiring decisions. At BarRaiser, we blend AI's analytical capabilities with human intuition to create a balanced and effective hiring process. The power of AI lies in its ability to analyze vast amounts of data quickly and accurately. However, the nuances of human intuition, empathy, and experience are irreplaceable. By combining these strengths, we can enhance the hiring process, making it more efficient, fair, and insightful. AI supports us by handling repetitive tasks, providing data-driven insights, and ensuring consistency. Meanwhile, human recruiters bring the essential qualities of understanding, flexibility, and emotional intelligence to the table. This synergy not only improves decision-making but also ensures that the human touch is preserved in the recruitment process. Let’s harness the power of AI while keeping the human touch. By leveraging both AI and human judgment, we can build stronger, more diverse, and more effective teams. 𝐊𝐧𝐨𝐰 𝐌𝐨𝐫𝐞: https://lnkd.in/edFeiBTM Reference: The 2024 AI in Hiring and Work Survey by Workable #AI #Hiring #Recruitment #HumanTouch #BarRaiser #FutureOfWork

It's amazing to see how technology and AI are not just for those in tech roles, but can also greatly benefit non-technical professionals like HR teams 🙌🏻 Romela Shayomi Fernando's insights were a game changer, showing us how AI can boost what we're already good at and free up our time for the stuff that really matters. Our pilot project showed that AI could fit right into HR, keeping that all important human touch through empathy and building relationships with candidates. AI's here to amp up our team power, not replace the human expertise we value so much, all while being mindful of using AI in an ethical and responsible way. #AIHiring #TalentAcquisition #FutureOfWork #ideabits #hr

The Impact of Artificial Intelligence on Recruiting Artificial Intelligence is transforming the recruitment process. Currently, 24% of companies use AI to hire top talent, and 89% of HR professionals believe it enhances the applicant experience. AI is widely adopted across various industries like marketing, healthcare, education, and retail. Here are 5 key benefits of AI in recruitment: 1. Speeding Up the Hiring Process: AI helps recruiters process large amounts of data quickly, enabling faster and more efficient hiring. 2. Eliminating Candidate Ghosting: AI streamlines communication, reducing the chances of candidates disappearing after accepting job offers. 3. Cost-Cutting: AI automates routine tasks, saving costs on junior HR assistants and allowing for better resource allocation. 4. Enhanced Candidate Experience: AI provides timely and accurate information, improving the overall candidate experience. 5. Reducing Bias: AI can help minimize biases in hiring, though continuous improvements are needed to ensure fair recruitment practices. Many leading companies, including IBM, Unilever, and Hilton, are leveraging AI tools to improve their recruitment processes. HR professionals find AI invaluable in identifying the right talent, saving time, and focusing on more critical aspects of hiring. While AI brings numerous benefits, it's essential to address its limitations to ensure fair and unbiased hiring. Learn more about the impact of AI on recruiting and how it’s shaping the future of talent acquisition. #LakshyaSoftwareTechnologies #AI #Recruitment #HRTech #TalentAcquisition #ArtificialIntelligence #Hiring #FutureOfWork #Innovation #TechInHR

How AI Is Reshaping Talent Acquisition? In today's fast evolving workplace, AI isn't just transforming industries it's revolutionizing the way companies find talent. But are we truly prepared for the shift it's bringing to recruitment? 1. Data Driven Hiring: AI is replacing gut feelings with data. From screening resumes to analyzing candidate responses, algorithms are now driving decisions. This could mean fewer biases in hiring or just the opposite. After all, who’s responsible when an algorithm overlooks a perfectly capable candidate? 2. Speed Over Quality? AI can sort through thousands of applications in minutes, but are we prioritizing speed over human intuition? Sure, efficiency is crucial, but companies run the risk of losing out on candidates who might bring something invaluable unique perspectives and creativity. 3. Are Recruiters Becoming Obsolete? We hear it all the time AI will make certain jobs redundant. But does this apply to recruiters? The reality is, AI can handle administrative tasks, but recruiters bring empathy, emotional intelligence, and human connection. These are irreplaceable traits that tech just can’t replicate. 4. Where's the Accountability? As AI takes over more of the recruitment process, we need to ask who’s responsible for the biases that AI might perpetuate? If a company's AI unfairly filters out candidates, who is held accountable? These ethical questions are becoming central to the future of hiring. Is AI a tool that enhances the hiring process or is it pushing us into a cold, impersonal future? Let’s discuss! #AIRecruitment #TalentAcquisition2024 #FutureOfHiring #AIinHR #HiringInnovation #RecruitmentTrends #AIPoweredHiring #EthicalRecruitment #AIandDiversity #HRTech #AIandTalentAcquisition #SmartRecruitment #HRTransformation #TechInRecruitment #HiringStrategy #AIJobMarket #HRLeadership

AI in HR: Are you cool with being recruited by a robot? Our studies reveal job candidates’ true feelings: AI is significantly impacting human resource management, with 65% of organizations using AI tools for hiring. While AI promises efficiency and reduces bias, evidence shows discrimination towards certain candidates. Job seekers view AI decisions critically, with 25% finding AI use in recruitment unfair. Ethical perceptions of AI in hiring impact trust in organizations significantly. Balancing human input with AI in the hiring process is crucial, requiring integration of AI ethics into organizational governance. - Artificial Intelligence topics! #ai #artificialintelligence #intelligenzaartificiale

Don't let AI steal your diversity. It’s 2024, and businesses have embraced AI in every department, including recruitment. This makes sense: AI can automate repetitive tasks and provide useful insights to recruiters. But how can it damage them and the jobseekers? AI systems, often trained on large datasets of historical data, can perpetuate biases that exist within the data itself (and we all know human data is filled with biases to the brim). As a result, we can potentially take a huge step back and once again include discriminatory practices, disadvantaging certain groups of candidates and hindering diversity in the workplace. We here at SPARK value the importance of having a diverse and global pool of talent, and even though our recruiters are not shying away from implementing AI in the routine, here are some of the rules we choose to follow: 𝐃𝐚𝐭𝐚 𝐒𝐜𝐫𝐮𝐭𝐢𝐧𝐲: We meticulously assess the data used to train our AI recruitment tools, ensuring it accurately reflects the diverse talent pool we strive to attract. 𝐁𝐢𝐚𝐬 𝐏𝐫𝐞𝐯𝐞𝐧𝐭𝐢𝐨𝐧: We employ specialized tools and techniques to detect and eliminate biases ingrained in our AI algorithms, guaranteeing fair treatment for every candidate. 𝐇𝐮𝐦𝐚𝐧 𝐎𝐯𝐞𝐫𝐬𝐢𝐠𝐡𝐭: Throughout the hiring process, our human recruiters maintain vigilance, reviewing AI-generated candidate results to identify and rectify any potential biases that may arise. How do you manage AI in your recruitment process? #AIinRecruitment #DiversityInTheWorkplace #HiringFairness #EthicalAI #InclusiveRecruitment #FairAI Maria Nevedrova Alesya Naberezhnova Ed Snook Danielle Skinner Victoria Davydenko Amanda Prosperi Muscari