AI Recruitment Services That Transforms Hiring

As much as 87% of the companies (across various industries) are now reliant on artificial intelligence (AI) for simplifying their recruitment process. In fact, by 2030, the market cap of AI recruitment company and processes is believed to touch $1.12 billion, which is massive.

If you want technology-led recruitment outsourcing services at the forefront of your business operations, it is time to let AI take over the process. This detailed Channeplay guide will explore the hows and whys related to it.

The role of AI in the current world doesn’t needs introduction. It is governing multiple aspects of our lives, streamlining a lot of complexities.

1. High time-to-hire
2. Low-quality hires
3. High employee attrition
4. Lack of recruitment scalability

This is exactly where outsourcing comes into the picture and how AI helps in recruitment.

Why AI is No Longer Optional in Recruitment?

The answer is pretty simple – Beyond the efficiency, your competitors are now reliant on AI to streamline their hiring process. Will you stay behind and not be on par with the technology that your peers and competitors are using?

While these individual steps are no doubt important, they do consume a significant portion of a recruiter’s time, leaving less capacity for strategic initiatives like building relationships with potential candidates, enhancing the candidate experience, and focusing on diversity and inclusion.

1. Analyse vast amounts of data
2. Identify patterns
3. Automate repetitive tasks
4. Provide data-driven insights

How AI + Recruitment Outsourcing Works Together?

1. Smart Candidate Sourcing

1. Job portals
2. Social media
3. Internal databases
4. Passive candidate networks

Let’s assume that your company has five openings and given that they are lucrative roles with competitive pay, the job applications are pouring in – Each role having over a 1000 applications.

AI tools can parse through the resume in seconds, categorising and organising them based on the pre-requisites that you have assigned for the specific job role.

1. AI tools shortlist the most relevant profiles.
2. AI tools flag potential red flags like inconsistent job history.
3. AI tools flag out skill mismatches too.

3. Faster Hiring with Reduced Bias

AI algorithms, when properly trained and optimised, standarise the decision-making without any bias, ensuring that only the best eligible candidates are shortlisted for the next step of the interview.

1. Automating the interview scheduling
2. Sending reminders
3. Coordinating the process across multiple stakeholders

Benefits of AI Recruitment Company

1. AI-enabled hiring process saves one of the most important resources for a company – Time. By automating mundane and repetitive hiring tasks and improving candidate matching, it ensures faster hiring without compromising quality.
2. Hiring the wrong candidate can cost a company 30% of the employee’s first-year salary. Outsourced recruitment reduces such risks while cutting down internal recruitment overheads.
3. Outsourced recruitment partners like Channelplay can quickly scale hiring up or down depending on your project requirements, seasonal spikes, or geographic expansions.
4. Whether you're building a nationwide sales team or hiring regional retail staff, outsourced recruiters with AI tools can tap into diverse talent pools more efficiently than internal teams.

Will AI Replace Recruitment Teams?

With further development of AI, recruitment will become even more intelligent and personalised, focusing on factors like:

Instead of worrying whether AI will completely take over recruitment, the more intriguing question is, “How will AI change recruitment?” The concept of plug-and-play recruitment engine for businesses of varying sizes will no longer be a farfetched dream.

AI-powered recruitment, when combined with expert outsourcing, can truly transform the way companies hire. It is the future of recruitment, bringing structure, speed and intelligence to a process that’s often bagged down by inefficiencies.

With a deep understanding of sales functions and access to cutting-edge recruitment technology, Channelplay is your ideal partner in scaling with confidence.