The Recruiting Intelligence Blog

Does AI Give Recruiters a Competitive Edge?

Aida Fazylova - Jun 29, 2018 7:23:00 AM

The world of recruitment is changing - and fast! Over just the past few years, systems have become automated and things like candidate matching algorithms have made the struggles of finding top talent a thing of the past.

See how AI is revolutionizing #hiring with this #infographic from @xor_ai:Tweet This!

Check out these key areas where recruiters and companies are seeing benefits from AI and automation:

  • 75% of recruiters feel Automation allowed them to complete routine tasks quickly.
  • 68% of recruiters say Automation freed up their time so they could spend more time on higher value tasks..
  • 50% of recruiters said Automation allowed better client and candidate service.
  • 45% of the tasks currently being performed by humans could be done more efficiently by Automation or robotics, providing about USD $2 trillion in global savings to businesses.

Early adopter companies using AI-powered recruiting software have seen their cost per screen reduced by 75%, their revenue per employee improve by 4% and their turnover decrease by 35%.

XOR-AI-Recruiting-Infographic

 

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Topics: AI- Automation- Recruitment

Aida Fazylova

Aida Fazylova

Aida spent over seven years in talent acquisition before she founded XOR. She also studied artificial intelligence and co-founded OpenDataScience, an online community of over 39,000 data scientists, researchers, and engineers. She is passionate about helping recruiters understand technology and build tomorrow's future of work. When Aida is not working she is exploring new hot pot restaurants around San Francisco.

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