While AI or Artificial Intelligence was believed to be a concept of science fiction during its advent, most professionals nowadays recognize it as the smart technology adoption to transform workplaces. AI or Artificial Intelligence has applications in almost every profession as well as sector -including HR or Human Resources.
As per a recent study report, it is believed that HR professionals feel AI for HR can help them in learning new skills and acquiring more free time -enabling them to expand the existing positions and becoming more strategic within the organizations. At the same time, some professionals also revealed that it has become difficult to keep up with the overall pace of rapid development at the workplace. Therefore, it is crucial to understand how AI HR aims at transforming the industry.
What is the Current Role of AI in HR?
AI in HR is the all-new software solution that holds the ability to learn effectively from historical data sets while inferring the answers to come up with new, innovative solutions. For instance, the Siri technology of Apple devices leverages the AI technology to understand what you are saying while figuring out what you want. Google does the same every time you make a search. It is Artificial Intelligence that is leveraging your past behavior and the search language to analyze what you currently want and how it should be provided.
AI technology leverages pre-programmed algorithms to ensure real-time decisions. It also makes use of high-end coherent computing approaches. Artificial Intelligence has a major impact on the HR department. Companies usually experience evolved and upgraded condition for the workers and applicants due to panoptic human-related component of HR in combination with the intelligence of the existing technology. In addition to this, AI and HR are also helpful in contributing to the promotion of the overall value of delivering faster and better outcomes.
What are Some of the Trends for 2023?
The department of HR or Human Resources has a complicated role in training and recruitment of employees. To minimize the overall manual burden of individuals working in the HR department, Artificial Intelligence comes with a wide array of the latest industry trends for 2023 and beyond. Here are some of them:
1. Chat GPT
Chat GPT has become the talk of the town across all industry verticals. The revolutionary AI tool is making headlines due to its overall capability of answering questions accurately out of almost every field of profession and education. Based on the latest developments and trends in the field of HR technology, it is likely that Chat GPT will continue getting adopted in recruitment and HR applications in 2023 and even beyond.
Companies can leverage chatbots powered by the Chat GPT technology to answer questions of the candidates while guiding them through the recruitment process and streamlining the overall experience for both recruiters and candidates. Chat GPT can be utilized for providing employees with instant answers and support to HR-specific questions while improving the entire experience and driving employee engagement. Chat GPT also helps in assisting HR teams in conducting performance reviews by offering relevant information and facilitating conversations between employees and managers.
2. AI for Recruitment and Talent Management
Talent acquisition is a crucial task for the entire HR department. It is because bringing in talented individuals under the team will lead to ample growth of the entire organization. The most significant use of AI in Human Resources is with respect to talent acquisition and talent management.
From screening applicants to keeping a record of databases, addressing & resolving contestant queries, and even arranging interviews, AI helps in minimizing the overall effort and time required to execute these processes along with other redundant activities. It significantly helps in reducing the overall hiring time and process -enabling HR teams to focus on more core tasks like personnel management, sourcing, recruitment marketing, and other essential activities.
AI-assisted recruitment will also aid in candidate’s selection to meet the standards of the organization. Due to this, the screening process becomes simpler and faster. The candidates having a higher potential are effectively traced as well as communicated with through AI-powered chatbots. The automatic, AI-enabled chatbots are capable of handling newly recruited employees while assigning them positions and jobs according to the respective job profiles.
3. Automated Employee Surveys
In the moment when revolutionary HR technology is thriving and not disappointing any organization, how do you aim at leveraging all company-centric processes in line? HR digital transformation is indeed here. However, the fact that matters significantly is how your organization aims at introducing the same for improving the operations of HR.
The utilization of AI-powered automated surveys for ensuring relevant employee feedback is one such advanced feature. It is not a new concept to the corporate world. However, it is increasingly becoming famous as it helps in measuring and setting a proper benchmark. It helps in keeping a check on where your business stands from time to time. AI and automation have a major impact on HR and the entire employment process. An annual, AI-enabled automated survey is rapid and helps in collecting important employee-centric data with the help of a single medium while storing it all on a single platform.
How to Implement AI in Our Business?
Just like any other technology, AI is also expected to be handled with ample caution as you deploy the same within your HR structure. For successful AI results, reliable and real-time data is valuable. Therefore, it is important to obtain relevant data beforehand. Then, you can ensure that the output-driven objective is clear.
Possessing the understanding of the insights you need to drive is also critical. Due to this, there should be proper instruction and clarity in recognizing the right patterns to study as well as act upon. Based on the logics and algorithms that are supplied to the system, AI can help in producing accurate and unbiased results. The organization should make sure that the data provided is accurate.