Human Resources (HR) have been experiencing significant changes thanks to the evolution of information technologies in the last two decades. Today, Artificial Intelligence (AI) is reshaping the way that companies manage their workforce and make HR plans, which increases productivity and employee engagement in general.
Bearing in mind that employee engagement programs boost company revenue by 26%, it is clear that you should accept AI solutions to strengthen your team and gain some long-term benefits. In this article, we will present you 5 ways to use AI in human resources management.
How to Improve Human Resources Using AI
AI has the power to take your HR experience to the higher level. Just like Donald Southern, an HR specialist at Resumes Planet, explained: “AI can help you to handle recruiting, productivity, and retention more efficiently than traditional HR methods. At the same time, it also allows you to do it faster than ever before.” Let’s see here exactly how AI is doing that.
- Talent Acquisition
Using AI, you can remove tons of stressful and monotonous work from your HR managers. Namely, talent acquisition software can scan, read, and evaluate applicants and quickly eliminate 75% of them from the recruiting process.
This is a huge benefit as it allows the recruiter to spend more time analyzing and evaluating only a smaller group of eligible candidates. In such circumstances, HR units are drastically increasing the quality of hiring decisions. Additionally, companies save a lot of money this way because they don’t have to pay the cost of poor hiring decisions.
Hiring the most promising talents is not the only concern of HR departments. Adaptation is the second step in the process as many prospects can’t fit in the new environment due to lack of onboarding procedures. Namely, new employees demand a lot of attention and it is often impossible to dedicate enough time to each one of them.
That’s where AI steps in – it determines customized onboarding procedures for every single position. This proved to be extremely productive in practice since new workers who went through well-planned onboarding programs had much higher retention rates than their peers who didn’t have the same opportunity.
With so many technological changes happening almost on a monthly basis, it is crucial for all employees to keep learning and improving professional skills. AI can successfully plan, organize, and coordinate training programs for all staff members.
Online courses and digital classrooms are the most common solutions in that regard. But this is not the only job of AI because it also determines the best timeframe for new courses and schedules lessons so as to fit the preferences of all employees individually.
- Performance analysis
Engagement and productivity are essential qualities of successful professionals. However, most companies are struggling to find individuals who have those traits. That’s why it is easier to monitor their behavior and analyze key performance indicators.
Using AI tools, HR managers are enabled to set concrete objectives and let all units work in smaller increments. This type of work is easier to follow and assess and it generates better overall results. Of course, it doesn’t only serve to improve productivity but also to detect team members who show lack of engagement continuously.
As much as it is difficult to hire talented employees, it is as difficult to keep them in your team. This is why almost 60% of organizations consider employee retention their biggest problem. However, AI has the ability to analyze and predict the needs of staff members.
It can determine individual affinities and reveal who should get a raise or who might be dissatisfied with the life-work balance. Such analysis gives room to HR professionals to be proactive and solve the problem even before it actually occurs.
AI is everywhere these days – from simple calculators to flight controls and space operations. It also enables HR executives to improve results and monitor employees more efficiently. In this article, we explained you 5 ways to use AI in human resources. Make sure to use these suggestions in everyday business and share your thoughts about it in comments.