A growing number of companies today are turning to AI to help them make decisions about who to hire, give a bonus to, and even let go from a company altogether.
One Russian startup created artificial intelligence software known as Robot Vera, to help them decide who to hire for employment contracts with companies such as Ikea, PepsiCo, and L'Oreal.
In only 9 hours, it's estimated that it can interview at least 1,500 candidates.
With the help of this software, HR staff are able to remain engaged in other important tasks; supporting management team members, providing training, conducting assessments, and more.
Would you want to be interviewed by a robot or a human?
Employers have suggested that they are seeing the same success rate with Vera, from doing cold calls, that they would have seen if humans were the ones conducting the calls. And Vera can make thousands of calls at one time, completing those calls much quicker.
There are now said to be hundreds of companies in Russia that have started using this sort of technology to help them decide who to hire and fire etc. As well, the software has also allegedly been tested in places like Dubai and Singapore.
Whether it's conducting phone interviews, making cold calls, analyzing video interviews, sifting through resumes, the technology is able to save recruitment managers time in a variety of ways.
Also, the Russian startup isn't the only agency that has sought to use artificial intelligence as a part of their recruitment process and it's likely to become much more prevalent in the near future if a growing number of employers find that it provides them with any benefit.
Pics:
Pixabay
pixabay
Office Space via giphy
Sources:
https://www.computerweekly.com/news/252438788/PepsiCo-hires-robots-to-interview-job-candidates
https://www.bloomberg.com/news/articles/2018-03-28/this-ai-software-aims-to-do-90-percent-of-hr-s-recruiting-work
https://economictimes.indiatimes.com/jobs/meet-the-russian-robot-thats-hiring-humans/hiring-for-top-firms/slideshow/63565524.cms
https://www.forbes.com/sites/valleyvoices/2018/01/29/how-ai-is-changing-the-game-for-recruiting/#6f663f021aa2
https://www.forbes.com/sites/groupthink/2018/02/09/traditional-recruiting-isnt-enough-how-ai-is-changing-the-rules-in-the-human-capital-market/#66f68e8f274a
https://www.cipd.asia/news/hr-news/analysis-ai-recruitment
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