Artificial IntelligenceNews/PR

82% of managers believe AI will have a major impact on hiring at their company

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impact of AI on hiring

Adopting AI in Recruitment

In 2023 we saw companies start to experience the use of AI and this trend will continue to grow in 2024 with the use of AI tools, both by companies and candidates.

In terms of recruitment, AI has a lot to offer, especially when it comes to processes. Not only can it be used to evaluate candidates in the pre-screening and interview process, but it can also be used to write job advertisements. While AI can speed up current hiring processes, it’s important to note that there are still a number of risks surrounding its use, as the accuracy of the tools continues to be questioned.

Understanding and using AI will increasingly be a more in-demand competency and candidates with a better understanding and experience in AI will be more attractive to employers

  • 82% of senior managers believe AI will have a major impact on hiring at their company
  • 96% of employees say generative AI can benefit their work
  • 50% of employees use generative AI in their work

Key Takeaways on AI Adoption in Procurement

  1. Review your current hiring processes, use AI for the most manual and time-consuming tasks to speed up your hiring processes.
  2. Understand the limits of AI: Make sure you have a good understanding of the capabilities and limitations of the AI tool you’re using.
  3. Consider how you’ll implement AI in your company: what teams will use it, and what training you’ll provide.

Alejandro Paz, country manager at Robert Walters Mexico concludes: “It is clear that the adoption of Artificial Intelligence is radically transforming the way we recruit talent. While we recognize the significant benefits that AI can offer in terms of efficiency and effectiveness in hiring processes, we must also proactively address the challenges it poses, especially in terms of fairness and fairness. It’s critical for companies to understand the limits of AI and ensure they strategically and ethically implement it in their hiring operations. This involves a careful review of existing processes, as well as an investment in proper training for the entire team involved. We strongly believe that by understanding and using AI intelligently, we can drive a more inclusive, efficient and equitable future of work for all, but the human touch can never be replaced.”

Read next: Foundry’s State of the CIO Study reveals AI/ML as top priority for 49% of CIOs in 2024

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