AI Applications in Talent Acquisition and Retention

Abstract

The use of AI based resume screening in making the talent acquisition processes more efficient and fairer. Through the capabilities of the HireVue platform that combines NLP and ML, resumes are picked apart systematically and examined to match candidate qualifications towards the requirements of chosen job. It reduces greatly manual screening time and provides means to identify high potential by looking into skills, experience and (potential) fit with the culture. Through reducing presence of human bias and automating repetitive process, HireVue improves recruiter productivity while also enhancing the candidate experience. This paper describes how AI-driven screening has been deployed by a mid-sized technology firm and provides an evaluation of its impact against the key KPOs of time to hire, quality of candidates and diversity outcome. This shows the advantages of have AI based resume screening to not only serve as an efficient hiring, but also go with data based decisions in secondary especially in view of the scalability and adpatability in various industries in search of implementing efficient process of talent getting.