AI Revolutionizing Hiring Process in 40% of Companies by 2024

The search for a job can be a challenging and often frustrating journey. Applying to countless positions online only to be met with silence can be disheartening. This is often due to employers utilizing screening programs that eliminate potential candidates before a human can even review their application. A recent study predicts that by 2024, 40% of companies will be incorporating artificial intelligence (AI) into their hiring processes.

Alessandra Panella, a seasoned professional with over 25 years in the banking industry, is currently navigating this new landscape. Despite applying to over 30 jobs and receiving no responses, Panella remains determined. She recently participated in a training workshop at CareerSource Southwest Florida where she learned about the role AI is playing in modern hiring practices.

Chrisann Ruehle, Ph.D., a provost faculty fellow for artificial intelligence at Florida Gulf Coast University, explained the way businesses use AI to screen applicants. Employers can upload a candidate’s resume and job description into an AI text generator like ChatGPT. The AI then evaluates how closely the candidate’s resume matches the job description.

Ruehle emphasized the importance of using specific language from the job description in one’s resume to increase the chances of being flagged as a potential candidate by the AI. However, the use of AI extends beyond just resume reviews. Some programs adopted by Fortune 500 companies even include facial recognition technology. These tools analyze not only the words and language used by candidates but also their facial expressions and micro-expressions.

Stacie Haller, chief career advisor for ResumeBuilder.com, highlighted the potential drawbacks of these AI tools. While they can speed up hiring processes, they may also overlook great candidates who don’t fit the traditional mold. Furthermore, these technologies make it easier for companies to gather information not included in your resume. A recent survey by ResumeBuilder.com found that 74% of companies use digital information to screen candidates, with 68% obtaining answers to questions they are legally prohibited from asking.

Lee Health, the largest employer in Southwest Florida, is one such company that has embraced the use of AI in their hiring process. Kristy Rigot, the system director for human resources, explained how their virtual recruiting assistant, “Olivia,” has transformed their recruitment process. By automating tasks that were previously done manually, they’ve been able to reduce the time it takes to screen candidates and schedule interviews from days to mere minutes.

Despite the increasing reliance on AI in hiring processes, Rigot stressed the importance of maintaining a human connection. Interviews are still conducted by people, not AI, as candidates want to learn more about the company’s culture and values.

In light of these latest AI news, job seekers like Panella are adapting their strategies. She is now tailoring her resume to match job descriptions and practicing interview questions online. She’s also using AI tools like AI images generator and AI video generator for mock interviews on platforms like Zoom and LinkedIn.

In conclusion, the rise of AI in hiring processes is inevitable. As such, job seekers need to stay informed and adapt their strategies accordingly. Whether it’s tailoring your resume to match job descriptions or practicing online interviews using AI tools, these strategies can help you stand out in this new digital era of recruitment.