Chatbots in the enterprise are already working side by side with their human counterparts and employees like Uber drivers spend their entire day reporting to an algorithm. Probably won’t be long before we’re interviewed and managed by robots.
With human resources, AI and machine learning can take away the heavy lifting involved with recruiting. HR personnel with more free time can deal with delicate issues that require personal attention and a human touch. Here’s a quick look at the top ten companies leveraging AI and machine learning in HR management.
HR Tech Companies Using AI To Solve Recruiting Challenges
Entelo searches for candidates based on how well they fit your job description. With access to over 200 million active and passive candidates, this AI-powered platform makes recruiting as easy as “point-and-click”. Entelo also has studies to prove that they can successfully predict when employees are unhappy and likely to quit and also point out the best ways to avoid staff churn.
Instead of helping you recruit, Gigster does all your work instead. Gigster is a full service development shop where all you need is an idea and some cash to back it up. Roger Dickey, CEO and Co-Founder describes the service as an “Uber for Software Engineers,” since the company can ramp up talent quickly to develop, launch and maintain your idea. By managing so many customer code bases, Gigster also optimizes for code modularity, enabling them to rapidly build commonly requested software products.
3. HiQ Labs
HiQ Labs uses AI and machine learning to fine tune HR management. The company’s machine learning, deep learning, and predictive analysis helps executives make future predictions about top talent at risk and mitigating steps to take to retain them.
HireVue uses text, audio and video data to predict a candidate’s character. With character-based recruitment, employers are able to choose the type of employees they want based on a cocktail of machine learning algorithms and industrial organizational psychology. Though some argue that this system doesn’t pay enough attention to candidate’s prior work experience, it’s still a great way to find specific traits in hires.
HiringSolved’s founders call their intelligent assistant “Siri for recruiters”. They’ve dubbed their offering RAI, for Recruiting Artificial Intelligence. RAI provides a conversational interface through which recruiters can conduct their talent hunt. RAI is capable of having human like conversations with both recruiters and candidates while simultaneously producing important insights in real time.
Scout recently announced its AI enabled virtual recruiting assistant that scours the web for potential candidates. The virtual assistant shares the eligible candidates in batches of ten and uses machine learning to analyze the feedback to refine the process. Since the best potential hires are usually already employed elsewhere, Scout’s algorithms focus on sleuthing for passive candidates you might not otherwise find. Scout founder Genevieve Lydstone attributes their high success rates to their human-AI hybrid model: “Our in-house team of professional recruiters (Scouts) curate results, train our systems, and interpret nuance around candidate profiles, client feedback and job descriptions that our algorithms can’t. Without human intuition our product would suffer.”
SpringRole adjust its own behaviour as feedback is received. With big tech names like SpaceX among its clients, they automatically translate your job requirements into sourcing strategies and execute them. What’s unique about SpringRole is that the platform is crowdsourced, powered by referrals, and has access to a large community of passive candidates.
Kieran Snyder and Jensen Harris, co-founders of Textio, believe words matter more than anything else. Textio analyses how well certain words and layouts attract more candidates when used in job postings. The predictive engine is driven by global hiring data and learns to incorporate meaningful language patterns making its augmented writing even better. Textio takes away the hassle of having to be creative and increases the chances of finding your target audience.
Unitive makes sure the most deserving candidate is selected for the job regardless of gender, ethnicity, race, sexual orientation or political views. Founded by cyber security expert Laura Mather, Unitive not only aims to fix the gender gap in the tech industry but to also use AI to eliminate gender or race based bias from all enterprise recruitment. The product is also an an end-to-end hiring solution tackling job requirements, sourcing, interviewing, and hiring rather than just one step of the process.
10. Wade & Wendy
Job hunters deserve AI assistance as much as recruiters do. The software is divided into two personal assistants named “Wade & Wendy” where Wade is your career counsellor and Wendy is your hiring assistant. While Wade guides people through the job hunting process, Wendy is busy helping managers with screening processes for new recruits.
Human beings are always going to be an important part of HR and there’s no fear of us being replaced just yet. Given how well AI powered tools can lighten your workload, enterprises will likely start adopting even more of them.
Learn How To Drive Business Results With AI & Machine Learning
To get a deeper foundational understanding of what AI & machine learning technologies are and how to use them successfully in your business, we recommend you read our bestselling book, Applied Artificial Intelligence: A Handbook For Business Leaders, which is available for digital download below and also via paperback and Kindle versions on Amazon.