Businesses across industries are leveraging the power of Artificial intelligence (AI) to enhance productivity, decision-making, and operational efficiency. Recruitment is no exception. With advanced AI tools, recruiters can streamline their hiring processes, identify the most suitable candidates, and hire skilled talents.
According to LinkedIn’s ‘The Future of Recruiting 2024‘ survey, 27% of the talent professionals use Generative AI in the recruitment process, while 6 out of 10 are optimistic about AI’s impact on recruitment.
In this article, we’ll delve into the impact of AI on recruitment and equip you with a list of the top 10 companies providing AI for recruitment solutions in 2024 so you can leverage these technologies to improve your hiring process.
How is AI Revolutionising the Recruitment Process ?
AI tools can quickly analyse vast amounts of data, helping recruiters streamline the hiring process and make data-driven decisions. Here are some ways in which AI is revolutionising the recruitment process:
Enhance Recruitment Efficiency
AI tools help make this process more efficient by using advanced algorithms to quickly scan and filter resumes to identify the most suitable candidates. This can significantly reduce the time spent on initial screenings, allowing recruiters to focus on more strategic areas.
Prevent Recruitment Bias
Sometimes, recruiters may unconsciously be biassed towards certain candidates based on their gender, race, age, or educational background. This can result in hiring unqualified candidates and impact the company’s objective of building a diverse workforce.
AI tools eliminate these biases by standardising the assessment process. Their algorithms are designed to focus specifically on candidate qualifications and skills rather than personal characteristics. For example, AI can anonymise resumes by removing names and photos, ensuring recruiters assess candidates purely on their merits.
Improve Candidate Experience
What is the Future of AI in Recruitment?
AI tools help enhance the candidate experience by streamlining the process and making it more engaging and personalised for candidates. From streamlining interviews to reducing delays, AI improves the recruitment process, ensuring candidates feel valued and respected.
Also read, AI Recruiting in 2024: A Definitive Guide
- AI will increasingly use predictive analytics to identify candidates most likely to excel in specific roles. This will help recruiters make more informed decisions and reduce the risk of a poor hire.
- AI tools will completely automate the screening process to identify top candidates. Additionally, AI-powered video interviews will ensure faster and more accurate hiring.
- Chatbots will evolve to offer more lifelike and personalised interactions with candidates. They will engage in meaningful conversations, answer questions, and provide real-time feedback, enhancing the candidate experience.
- AI will automate the creation of job descriptions and summarise candidate profiles to help recruiters make data-driven hiring decisions.
How is AI Helping in Diverse Hiring?
AI-powered recruitment tools can help in diverse hiring in several ways:
- Eliminating Recruitment Bias: AI helps eliminate recruitment bias by using algorithms that assess candidates based on their skills and experience rather than personal characteristics.
- AI-Powered Virtual Interviews: AI-powered virtual interview platforms can standardise the interview process, ensuring candidates are assessed on uniform criteria.
- AI-Powered Chatbots: AI-powered chatbots can provide candidates with consistent and unbiased information, ensuring transparent communication.
Which are the Top 10 Companies to Provide AI for Recruitment Solutions in 2024?
Here are 10 companies offering cutting-edge AI technologies in recruitment that you can consider in 2024:
1. Evaluate
Evaluate is an AI-powered recruitment platform designed to streamline and enhance the hiring process. It helps recruiters automate processes like:
- Discovering and shortlisting qualified candidates using Scout AI
- Assessing them based on pre-vetted candidates using Hum.Ai.n interviews
- Automated HR workflows for candidate management and follows up using Virtual HR.
With Evaluate, recruiters can reduce hiring costs & time, improve efficiency, and enhance candidate quality by leveraging deep-tech solutions and data-driven decision-making. Evaluate seamlessly integrates with leading platforms like Taleo, SAP, FreshTeam, Bullhorn, and more.
2. Skillate
Skillate is an AI recruitment tool that helps recruiters match job requirements with candidate resumes, automate the screening process through AI chatbots, and extract information from resumes through deep learning.
Some of its key features include:
- Data-backed insights and analytics of the recruitment process
- AI-based job description assistant
- Automated interview scheduling
3. Workable
Workable is a hiring platform that helps recruiters hire, onboard, and manage employees. With Workable, you can explore over 400 million candidate profiles and post job openings on more than 200 sites.
Key features of Workable include:
- Collaboration with hiring teams to evaluate applicants on a single system
- Automated interview scheduling
- Mobile-friendly application forms
4. Recruitee
Recruitee by Tellent is a collaborative hiring software that automates manual tasks in your recruitment process. It also helps you create a compelling career site without any coding skills.
Here are some key features of this platform:
- Customised dashboards and reports to meet your company's needs
- Seamless integration with your existing tech stack
- Digital scheduler to organise your recruitment process
5. Humanly
- AI-generated interview summaries
- Hiring analytics and insights
- Seamless ATS integration
Some of its key features include:
Humanly is an AI-powered end-to-end recruitment platform designed specifically for high-volume hiring. It streamlines hiring to source, attract, screen, schedule, and convert candidates at scale.
6. LinkedIn Recruiter
LinkedIn Recruiter is an AI recruitment platform powered by LinkedIn that helps recruiters sift through over 400 million candidate profiles. With LinkedIn Recruiter, you can access a global pool of candidates for any role, from junior to senior or niche.
Key features of LinkedIn Recruiter include:
- Personalised InMail with customisable templates
- 40+ advanced search filters to find qualified candidates
- Single dashboard to manage candidate profiles and collaborate with team members
7. Manatal
Manatal is an AI recruitment tool tailored for HR teams, recruitment agencies, and headhunters. It helps recruiters customise their recruitment pipelines and track the progress on one single-board view.
Here are some key features of this platform:
- Job postings on 2,500+ free and premium channels
- AI-powered candidate recommendations
- Automated candidate profile enrichment
8. HireEZ
HireEZ is a sourcing and recruitment CRM platform. It leverages AI to help recruiters source candidates, identify applicant matches, and create personalised, multi-channel outreach campaigns.
Some key features of HireEZ include:
- Access to over 1 billion profiles
- Smart workflow automation
- Full funnel reports
9. AmazingHiring
AmazingHiring is a sourcing platform that helps recruiters find candidates from 50+ open sources online. It uses AI to create a pipeline of the most relevant candidates and allows you to send bulk personalised emails, schedule follow-ups, and track engagement metrics.
Some of its key features include:
- Access to 600 million global profiles
- Candidate sourcing across major social networks and professional communities
- Personalised and automated outreach
10. TurboHire
Last on our list of the top companies providing AI for recruitment solutions is TurboHire. It is a hiring AI and automation software streamlining the recruitment process by aggregating resume and job data into a centralised repository.
Key features of TurboHire include:
- Globally compliant for hiring across multiple geographies
- Login-less mobile-friendly experiences
- Strategic insights and analytics
To Sum Up
Using AI for recruitment offers several benefits, including better efficiency, reduced bias, and enhanced candidate experience. With Evaluate, you can further streamline the recruitment process with advanced features like:
- AI-powered candidate screening
- Automated interview scheduling
- Data-driven assessments for identifying skilled candidates
- Seamless hiring for different competency levels and more
Ready to see Evaluate in action? Book a demo today.
FAQs
How is AI Being Used in Recruitment ?
AI can be used in recruitment to automate time-consuming tasks like resume screening, candidate matching, and interview scheduling. It can also analyse large volumes of data to identify the most qualified candidates.
What is an AI Recruitment Tool ?
An AI recruitment tool is software that uses artificial intelligence to optimise the hiring process. These tools use advanced algorithms to automate screening, shortlisting, outreach, etc.
Are Recruiters Going to be Replaced by AI ?
No, AI will not replace recruiters. Instead, it will support their work and handle repetitive tasks, improving the process and helping recruiters make data-driven hiring decisions.
What Kind of Tasks will AI Handle for Recruiters ?
Here are some tasks that AI can handle for recruiters:
- Screening candidate resumes
- Matching candidate profiles to the job description
- Scheduling interviews
- Providing insights based on past data
- Using chatbots to enhance candidate experience
