AI-based HR applications raise employee productivity. It has the
ability to analyse, predict, diagnose and become a more capable
resource while focusing on employee needs and outcomes.
The influence of AI is expanding to a greater extent in human
resource management.
It starts from the recruitment process to the exit process of an
employee that includes training, engagement, perks, records, and so
forth.
Personalized experience
The influence of AI is more felt in the talent acquisition processes
like screening of prospective candidates, recording and maintaining
the database, automating interview schedules, sending a message,
answering job seekers’ queries, and more. It helps in preliminary
mundane tasks.
The results are significant, measurable, and immediate. It reduces
the hiring time and increases productivity for HR professionals. The
team is left with time for higher-value work like sourcing,
recruitment marketing, employee engagement, and hiring managers.
For instance, The Job Intelligence Maestro (JIM) for DBS Talent
Acquisition Team reduced the screening time from 32 minutes to 8
minutes per candidate.
AI-backed programs introduce the new employee to job profile, new
hire information like reporting authority, team members, task
assignment, administrative tasks, policies, and almost all
first-hand information through an app or laptop on his/her first
day.
Workforce management decisions
Some of the areas (apart from recruitment) where AI is creating an
impact include HR strategy and employee management, analyse company
policies and practices, manage payrolls, automate workforce,
investigate corporate compliance, litigation strategy, analyse
success, and other related programs. The technical-minded HR
personnel can readily apply technology to HR functions, learning,
and development applications.
Smart people analytics
Leveraging big data tracks employee’s performance and sentiment as
well. AI tracks the employees’ activities like browsing, emails,
projects, and other tasks for a brief period. It can single out
employees and report to administration. This helps the organization
to improvise engagement and retention strategies.