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What’s new in talent acquisition with developments in software for HR?
Posted: Oct 17, 2022
Talent acquisition plays an imperative role in building a strong team for an organization. Software for HR provides a shelter to develop and indulge in various activities.
The transforming landscape of work
Human resource professionals often witnessed in using recruitment and HR software to recruit new employees. Tasks such as screening, interviewing and onboarding have become easier with incorporation of such technologically advanced applications. Statistics have shown that more than 80 percent of the candidates applying for the posted vacancy are not eligible. The feature of filtering applications has made scanning the eligible candidates from thousands of resumes.
The pandemic has made the organizations to shift the module of work from traditional 9 to 5 shift to a flexible regime. The new module of work has a new approach which has made talent acquisition and management easier, collaborative and transparent.
Cognitive technologies in management of data
In the present generation, the third vendors that provide software for HR tend to experiment with technologies such as cloud, and networking sites. More sturdy HR software has the potential to get a hold of larger systems and manage the insights to the vast quantity of data generated. Talent acquisition teams have started to utilize data generated by HR tools. According to a study by linkedin, the approximate percentage of the managers using cognitive tools is 35%.
Artificial intelligence ranks applicants
The technological advancements have features that rank candidates in accordance with a sequence of questions related to the field of vacancy. The scores revealed by AI provides a better insight of the candidates abilities. It allows the modification of the number of applicants decreasing the workload of the talent acquisition. It effectively declines the economy of the workforce.
Predictive analysis
The test sequence pages on sourcing platforms generate data to scale out the potential candidates. At times this can be crucial. As there are potential candidates who might not be able to clear a test. As a result the organization loses a potential hard working employee.
Having said that, predictive analysis has improved the probability of hiring the potential candidate by a significant amount. The HR team is capable of prioritising recruitment related tasks. It determines the adequate amount of workforce required for smooth functioning of the organization.
Simulations and games
According to psychology, games help us determine the capabilities of the brain. It boosts connectivity. The developers have used this as a creative dynamic to rank the applicants as per their capabilities. Talent acquisition teams of various organizations have utilized this feature to recruit freshers. As determining the potential of a fresher is a crucial task. A fresher candidate with required qualifications but to determine the potential of growth. These games help in gaining a better insight into the aptitude of the candidate. This makes hiring of the freshers easier.
AI has made a remarkable change in the world of technology. It has automated various tasks related to the field of recruitment. However, it cannot be denied that automation by AI has its own drawbacks in the world of talent acquisition. For instance, the talent acquisition team caters data from integrated applications or from recruitment platforms such as linkedin,etc. These applications are designed to take tests that can explain the potential of the candidate. Tests related to MS-excel, games, or programming languages, that is, considering the position he/she is interested in. At times these test results can be misleading. It may or may not be the candidate who has their identity on the resume for the position.
At times, even the auto update question might increase the level of difficulties that may tend to lose a potential candidate.
The pros and cons are inevitable, but it depends on the team to make a better decision in choosing the righteous candidate. This can build a better team for the future.
Hrone Cloud is the product of Uneecops Workplace Solutions Private Limited which is a subsidiary of Uneecops Group. a 450 Cr. Conglomerate established in 1996.