CATALYST Issue 3 | Page 39

O Catalyst | On Topic Insights from AI can also be used to attract candidates in a different way – to tailor email marketing or adapt communication style, says Jonathan Novich, vice president of product strategy at recruitment software company Bullhorn: “A lot of email recruitment marketing comes across as conversational but candidates see it as junk mail.” Having said that, there is no doubt that AI systems can save a considerable amount of time. At UK-based delivery company Yodel, for example, ‘candidate experience bots’ deal with candidate queries, suggest relevant roles and gather real-time feedback from applicants. This has reduced time to hire by 38%. AI supporters argue that using chatbots can boost candidate engagement and therefore retention; analysis of these interactions can even suggest whether someone will be a good cultural fit, which saves recruitment costs in the long term. Jobs Intelligence Maestro The Development Bank of Singapore (DBS Bank) took a similar approach when it needed to hire 40% more wealth-planning managers for its wealth- management franchise. It’s a high-volume role, with recruiters typically spending around a fifth of their working day collecting information and responding to emails before they meet candidates face to face. In 2018, DBS created ‘Jim’, or Jobs Intelligence Maestro, a virtual recruitment bot powered by AI. “With Jim, we’re able to automate the pre-screening process, which involves posting screening questions, conducting psychometric assessments and tests,” explains Susan Cheong, head of recruitment. “This enables recruiters to spend more time sourcing for candidates and interviewing them. Candidates have told us that Jim is easy to use, and the application process is intuitive and seamless.” While candidate-screening time has reduced drastically (from 32 minutes to eight), a key “Candidates want the process to be as frictionless as possible” advantage has been Jim’s ability to answer 96% of all candidate queries. Cheong has been impressed. “This has helped us to manage workloads better and free up employees’ time, so they can focus on more strategic tasks and higher value work,” she adds. Democratising hiring A clear downside to automation is its potential to add traffic to overloaded recruitment systems – and increase work for hiring teams. However, Novich points out that taking a “programmatic approach” can help candidates de-select themselves, reducing the volume of unsuitable applicants. “Introducing screening questions, perhaps followed by a personality test… it’ll become clear through these stages if someone is not being themselves. You see the people who really want the job, and they’re selected in an unbiased way.” For example, IBM’s Watson AI system has a job-matching capability, where candidates can engage in a discussion with a chatbot and get job recommendations based on their skills. The application ‘learns’ based on user feedback and interactions to make better matches in the future. While high-profile ‘mistakes’ made by AI systems will continue to make headlines as they did for Amazon, there’s no denying that the technology has, to some extent, democratised hiring; people who might have been overlooked in the past are now getting interviews. In addition, AI offers benefits such as easier candidate rediscovery, identifying ‘hidden gems’ among past applicants. Matching capabilities will only get more nuanced and successful, argues Hipps from Oleeo. “In the future, candidates will expect us to tell them where their skills will be most recognised. AI will be able to do the same analysis it does for applications but pinpoint positions in the business that might suit them better and where they have a better chance of success.” In that sense, it might be that AI, like a considerate friend who knows us better than we know ourselves, helps us find a job that suits us, even if it wasn’t the one we applied for in the first place. The worry is, of course, that when it comes to our closest friends, it’s much harder to hide our weaknesses. Issue 3 - 2019 39