The Influence of Artificial Intelligence on Staffing and Staffing Agencies

The Influence of Artificial Intelligence on Staffing and Staffing Agencies

Whilst Artificial Intelligence (AI) is continuing to be the biggest thing in the technology world, so far, it has made a limited splash in the staffing industry. There is no doubt that AI is going to impact the staffing industry immensely in the years to come. Although it is causing increased fear of job loss due to automation in the minds of employees, the positive side of it is that it will bring a lot of ease for both employers and candidates. Moreover, it is a very positive advancement for the industry.

Today, the staffing agencies are going through the most restless phase in their history; the high rate of employment, growth in job creation, need for tailored candidates and specific skill sets required by the employers, force them to be more strategic about how they invite, source, interview and retain candidates.

AI can make the life of a recruiter easier by automating several repetitive tasks, speeding up the whole process of hiring and ultimately help them concentrate their energies on the strategic and crucial tasks.

Let’s discuss the areas of staffing that AI will impact immensely

Creation of new jobs

The World Economic Forum has reported that the growth of AI will lead to creation of 58 million new jobs in the world by 2022. Most of these new positions will be created in the organisations that leverage deep learnings technology, which makes AI possible. In the staffing industry, AI-based solutions will generate massive amounts of data from diverse sources; and to harness the power of those data, human skills will be required.

Automation of monotonous jobs

Robotic Process Automation (RPA) is bringing revolutionary changes in many industries these days and in the staffing sphere, it can perform all the repetitive and time-consuming tasks more accurately and faster than ever. It can sort through resumes, select the best-fit candidates and even can help build and maintain long term relationships with the candidates. Thus, it will allow recruiters to utilize their skills for the jobs that need reasoning, emotional intelligence and judgment.

Improvement in recruiting process

By leveraging AI’s ‘human’ communication abilities to handle the early stages of the hiring process, recruiters can better compete with their competitors in the market in terms of providing the best talent to clients. It will help them raise the standards of candidate communication and engagement without adding extra burdens. By using AI Smart Visual Assistance such as chatbots, recruiters can better guide candidates in applying for the jobs that are best for their skills.

Analysing big data

One of the most important functions in which AI can help the staffing agencies a lot is analyzing big data. Intelligent analysis of big data including candidates’ past work records will help recruiters to predict future actions like which candidates will turn up for interview, who is most likely to join and their date of joining etc. This ultimately allows recruiters source and retain the best resources without wasting effort, time and money.

Better tracking of applicants

AI can help the hiring firms to do away with complex apps to manage their Applicant Tracking Systems. It can seamlessly manage their applicant tracking systems by effectively analyzing their database and poetizing the thousands of applications they receive online for each posted job.

Conclusion

It is very clear that AI is certain to become more and more the norm within the staffing sector. By improving the recruiting process tremendously and making the things easier for HRs, AI is going to gain a firm foothold in the recruiting landscape in the near future.