Hiring algorithms are not designed to replace recruiters. Rather, they are here to optimise the process of hiring qualified candidates by making recruitment more productive. These By definition, hiring algorithms are a set of artificial intelligence and data-driven operations that ensure organisations hire the best match talent with minimal or zero human bias while optimising the process and getting talents that are broadly considered the best fit.
Artificial Intelligence-driven recruitment has been long talked about by HR business leaders, enthusiasts and HR events like the recently concluded Talking Talent. For certain schools of thought, computers and robots would replace man in the workplace but what we have seen over the years is computers and robots becoming part of a healthy workplace; making people much more productive.
Poorly calculated hiring decisions can be costly for organisations. This has led to a lot of organisation into hiring and firing within a very short time span. According to Brandon-Hall research, 95% of organisations make poor decisions in their hiring process. This is why organisations like Facebook and Google to name a few, include hiring algorithms in their processes.
Another report by Career Builder says 78% of employers are utilizing some form of recruitment technology and confirmed that it makes finding great talent easier than ever. There are several benefits of artificial-intelligence recruitment hiring. Let us take a look.
Benefits of Hiring Algorithms
Improves Your Hiring Process: The right artificial intelligence-assisted recruitment process would lead to boosting your organisation’s hiring quality. Redundant tasks are automated, which accelerates hire-time and ensures the recruitment manager and/or team focuses on efficiency.
Removes Human Bias: Putting back the human in HR is highly important to an organisation’s recruitment process but if human resource management is strictly based on emotions, a lot of bias can crawl into the recruitment process and deny the organisation from hiring the best-fit.
Boost Hiring Quality: Making well-informed hiring decisions based on data increases your organisation’s likelihood of hiring the right candidates rather than relying on chance factors or human bias.
Cost and Time Efficient: The cost efficiency for mass recruitment and quality of candidates hired would ensure you spend less time hiring the right candidate during your process as an artificial intelligence-assisted process would take care of analysing the volume of applicants quicker.
What is the Best Match™ Algorithm?
Best Match™ algorithm is Nigeria’s first artificial intelligence hiring algorithm recently launched by Jobberman to help recruitment managers, HR business leaders, SME entrepreneurs and their organisations hire the best and brightest candidates faster.
Our algorithms are born out of a decade of research work and learnings from building an all-inclusive candidate and employer platform. With access to over 5 million talents and 60,000 employers and disrupting the recruitment sector in Nigeria as well as across Africa, we’ve used these learning to develop a smart human and AI-assisted recruitment solution.
Benefits of Best Match™
Finding the Best Match: By saving you time and effort, we sort and prioritise the volume of candidates you receive; matching you with the best fit at a faster time.
Matching Technology: We use our Best Match™ algorithms to prioritise applicants that best match the requirements of your Job Listing.
HR Experts: Our team of experts will sort through applicants for your Job Listing and recommend those talents, which best fit the Job Description of your listings.
Efficient Turnaround: We will prioritise up to 10 best matches within the first 7 days of your Job Listing going live.
In 2018, the global e-commerce giant, Amazon, discontinued its recruitment algorithm because machine-learning specialists uncovered a big problem – Their new recruiting engine did not like women.
While a lot of critics cite this as a challenge, it is worthy to note that Amazon’s recruitment algorithm was built on its previous recruitment culture, which favoured men than women rather than other culture-fit and skills-driven features.
Such incidents were put into consideration while developing Jobberman’s Best Match™ algorithms to ensure that our artificial intelligence-driven recruitment helps you hire the best and brightest talents while ensuring your organisation is known for offering all candidates equal opportunities.
Lastly, according to PwC’s Global Artificial Intelligence Study, Ai is likely to be adopted as an aid, rather than a full-blown replacement. Recruiters, hiring managers and HR business professionals should ensure they are early adopters because hiring algorithms are here with new gains to ensure your recruitment process is productive.