Whether you are aware of it or not, artificial intelligence is revolutionizing life on Earth as we know it, and this includes life in HR. But fear not, it does not necessarily mean that HR departments are being phased out and taken over by AI. It simply means that AI is creating higher levels of productivity, development and growth for Human Resources companies and internal departments. AI is making the job of HR managers easier.
In this article, we will explore a few ways that Artificial Intelligence enhances Human Resources.
- AI Helps HR Managers to do their jobs better
Better hiring decisions
AI helps recruiters make better hiring decisions. More specifically, AI has made resume screening a lot less cumbersome because it helps to screen out candidates and include only those that meet predefined criteria that the employer is searching for. This makes the recruitment process more efficient. You can say that AI finetunes and streamline hiring decisions. AI improves the hiring process by a lot and leaves HR managers with a lot of extra time to attend to other tasks.
AI’s speed in analyzing pools of candidates based on prompts that the recruiter inputs into the algorithms, is unsurpassed. Not only can recruiters create a short list of candidates based on these predefined prompts, but other features of AI such as chatbots can help recruiters deal with queries from candidates, and otherwise engage with candidates in an efficient and expedient way. AI also allows HR professionals to use virtual assistants to reduce their workload and improve their efficiency.
Saves time
AI also saves recruiters a lot of time that could be otherwise spent on other important tasks. Why is this? Because machines work faster than people. Human Resource managers can spend less time on recruitment and more time on strategizing, forecasting and planning when they use Artificial Intelligence in a smart way.
Because of AI’s ability to analyze and predict so rapidly through its algorithms, it helps recruiters to more quickly gauge which candidates are more likely to fit which corporate environments and which candidates are less likely to be successful in which corporate environments. This saves time, money and headaches for everyone concerned.
- AI helps to enhance an efficient onboarding process
Rather than having to onboard employees personally, Human Resource managers can now leave that task to AI – namely, virtual assistants. Virtual assistants can handle all the onboarding details, paperwork, company policies and other minutiae of the onboarding process, leaving HR managers free to take care of other things.
- AI Improves Employee Engagement
AI and Machine learning are especially effective in helping HR managers to gauge employee engagement—which is so important for employee retention and maintaining a healthy workplace environment and corporate culture. AI’s speed in analyzing data that includes surveys and other forms of feedback is a real plus for HR managers whose time can be better spent on other tasks.
- AI Improves Training Options
Because AI uses algorithms that rely on reliable employee data, HR professionals can more easily assist employees with their training, continuing education and overall progress in the workplace. Not only that but AI can also make tailored recommendations for each employee based on the data input, including information about their relevant skills, experience and training. This is invaluable for HR managers because it allows managers to advise their companies on how to create a workforce that is properly trained and that is competitive in their respective industry.
- AI Enhances Better Performance Management
Employee performance is an important metric for HR managers who must make decisions about hirings, firings, and promotions based on the performance of each employee. AI helps Human Resource managers to identify which employees are experiencing performance issues, and which employees are high-performing employees. AI also allows HR managers to create and implement strategies to increase performance companywide.
- AI facilitates better data-management and decision-making
With AI’s algorithms, HR managers can analyze and manage data more efficiently. HR managers can help their company to forecast, plan, strategize, and predict future trends. It allows companies to manage their workforce more efficiently and increase productivity, as well as make better decisions that have a positive impact on their company.
The takeaway
AI and machine learning are transforming companies and workplaces. Most of that transformation will be for the better, and when well-implemented this transformation can help companies to streamline their human resources departments, hire and retain the right talent, make the decisions and remain competitive in their respective industries.