{"id":8159,"date":"2021-10-03T11:05:16","date_gmt":"2021-10-03T16:35:16","guid":{"rendered":"https:\/\/ustechsolutions.com\/?p=8159"},"modified":"2023-02-10T05:13:13","modified_gmt":"2023-02-10T10:43:13","slug":"how-ai-can-mitigate-virtual-recruitment-risk","status":"publish","type":"post","link":"https:\/\/ustechsolutions.com\/how-ai-can-mitigate-virtual-recruitment-risk\/","title":{"rendered":"How AI can mitigate virtual recruitment risk"},"content":{"rendered":"\n[et_pb_section fb_built=”1″ _builder_version=”4.8.1″ _module_preset=”default” custom_padding=”0px|||||”][et_pb_row _builder_version=”4.8.1″ _module_preset=”default”][et_pb_column _builder_version=”4.8.1″ _module_preset=”default” type=”4_4″][et_pb_text _builder_version=”4.8.1″ _module_preset=”default” hover_enabled=”0″ sticky_enabled=”0″ custom_margin=”||-1px|||”]

4-minute read<\/p>\n[\/et_pb_text][et_pb_text _builder_version=”4.8.1″ _module_preset=”default” hover_enabled=”0″ sticky_enabled=”0″]

Artificial Intelligence<\/span><\/a> (i.e. intelligence demonstrated by machines rather than humans) is the most<\/p>\n[\/et_pb_text][\/et_pb_column][\/et_pb_row][et_pb_row _builder_version=”4.8.1″ _module_preset=”default”][et_pb_column _builder_version=”4.8.1″ _module_preset=”default” type=”4_4″][et_pb_text _builder_version=”4.8.1″ _module_preset=”default” hover_enabled=”0″ sticky_enabled=”0″ custom_margin=”||3px|||”]

Not a new story, but a news story<\/o:p><\/h2>\n[\/et_pb_text][et_pb_text _builder_version=”4.8.1″ _module_preset=”default” hover_enabled=”0″ sticky_enabled=”0″]

AI isn\u2019t all that new: it goes way back to the 1950s when Alan Turing invested in tests based on natural language conversation with machines. AI has been getting smarter and more human-like ever since. It wasn\u2019t until May 11, 1997, that an IBM computer called IBM \u00ae Deep Blue \u00ae beat the world chess champion after a six-game match. Surely, the most impressive moments for AI began in the last few years as the technology has become more democratized; making possible projects like Amelia<\/span><\/a> from IPSOFT. With her Conversational AI capabilities, Amelia continuously learns from human interactions to create the most engaging user experiences and generate business value.<\/p>\n[\/et_pb_text][et_pb_text _builder_version=”4.8.1″ _module_preset=”default” hover_enabled=”0″ sticky_enabled=”0″]

While it may not be shiny new, it is in line to be the next big thing, set to transform every aspect of our lives. Practically every business startup invested in by Silicon Vally investors in 2020 had an AI aspect to its business model. In the next decade, AI is set create enormous economic value, just like electricity once did. No surprise then that AI experts are among the most wanted tech specialists on the market!<\/p>\n[\/et_pb_text][\/et_pb_column][\/et_pb_row][et_pb_row _builder_version=”4.8.1″ _module_preset=”default” column_structure=”3_5,2_5″][et_pb_column _builder_version=”4.8.1″ _module_preset=”default” type=”3_5″][et_pb_image src=”https:\/\/ustechsolutions.com\/wp-content\/uploads\/2021\/03\/AdobeStock_208775116.jpg” _builder_version=”4.8.1″ _module_preset=”default” title_text=”AdobeStock_208775116″ hover_enabled=”0″ sticky_enabled=”0″][\/et_pb_image][\/et_pb_column][et_pb_column _builder_version=”4.8.1″ _module_preset=”default” type=”2_5″][\/et_pb_column][\/et_pb_row][et_pb_row _builder_version=”4.8.1″ _module_preset=”default”][et_pb_column _builder_version=”4.8.1″ _module_preset=”default” type=”4_4″][et_pb_text _builder_version=”4.8.1″ _module_preset=”default” hover_enabled=”0″ sticky_enabled=”0″]

Why AI is really useful tech<\/o:p><\/h2>\n[\/et_pb_text][et_pb_text _builder_version=”4.8.1″ _module_preset=”default” hover_enabled=”0″ sticky_enabled=”0″]

Artificial Intelligence technologies come with a few characteristics that make it a hugely useful instrument in business workflows:<\/p>\n[\/et_pb_text][et_pb_text _builder_version=”4.8.1″ _module_preset=”default” hover_enabled=”0″ sticky_enabled=”0″]

#1 Data processing transaction volumes and affordability<\/o:p><\/h3>\n[\/et_pb_text][et_pb_text _builder_version=”4.8.1″ _module_preset=”default” hover_enabled=”0″ sticky_enabled=”0″]

In the past, computer scientists could not offer business ideas solutions that were affordable due to capacity constraints. AI changes that dynamic. Modern AI algorithms can check through millions of rows of data faster than a human, or many hundreds of humans. This brings greater reach to data processing applications previously constrained by \u2018data crunching power.\u2019<\/p>\n[\/et_pb_text][et_pb_text _builder_version=”4.8.1″ _module_preset=”default” hover_enabled=”0″ sticky_enabled=”0″]

#2 24\/7 service operation<\/o:p><\/h3>\n[\/et_pb_text][et_pb_text _builder_version=”4.8.1″ _module_preset=”default” hover_enabled=”0″ sticky_enabled=”0″]

Computers don\u2019t sleep. It\u2019s one of their endearing qualities. For businesses wanting to serve customers and operate 24\/7, and potentially around the globe servicing different timezones, the ability of AI to support data processing around the clock unlocks opportunities for companies to step up their customer service experience.<\/p>\n[\/et_pb_text][et_pb_text _builder_version=”4.8.1″ _module_preset=”default” hover_enabled=”0″ sticky_enabled=”0″]

#3 Attention to detail and interpretive skills<\/o:p><\/h3>\n[\/et_pb_text][et_pb_text _builder_version=”4.8.1″ _module_preset=”default” hover_enabled=”0″ sticky_enabled=”0″]

While humans struggle to dig out data variations in a spreadsheet, AI-driven computers can forensically match data across a myriad of data sets.<\/p>\n[\/et_pb_text][et_pb_text _builder_version=”4.8.1″ _module_preset=”default” hover_enabled=”0″ sticky_enabled=”0″]

#4 To not make processing mistakes<\/o:p><\/h3>\n[\/et_pb_text][et_pb_text _builder_version=”4.8.1″ _module_preset=”default” hover_enabled=”0″ sticky_enabled=”0″]

Computer algorithms are utterly consistent in the way they operate. When presented with a series of conditions and rules, you can guarantee they will run the same algorithm in the same way. That level of reliability, to act on data in precisely the same way every time, makes AI-driven solutions invaluable in performing roles that would present a challenge for humans because they\u2019re so mundane that boredom or exhaustion might result in manual errors creeping in.<\/p>\n[\/et_pb_text][et_pb_text _builder_version=”4.8.1″ _module_preset=”default” hover_enabled=”0″ sticky_enabled=”0″]

#5 Removing bias<\/o:p><\/h3>\n[\/et_pb_text][et_pb_text _builder_version=”4.8.1″ _module_preset=”default” hover_enabled=”0″ sticky_enabled=”0″]

Humans are inherently opinionated. Sometimes, those opinions and perspectives can distort how systems and processes should work. Computers aren\u2019t bias\u2014and the only factor that can install bias into a computer algorithm is another human. Appropriately designed AI systems can overcome problems of bias in processes.<\/p>\n[\/et_pb_text][\/et_pb_column][\/et_pb_row][et_pb_row _builder_version=”4.8.1″ _module_preset=”default” column_structure=”3_5,2_5″][et_pb_column _builder_version=”4.8.1″ _module_preset=”default” type=”3_5″][et_pb_image src=”https:\/\/ustechsolutions.com\/wp-content\/uploads\/2021\/03\/business-DZYPR3F.jpg” _builder_version=”4.8.1″ _module_preset=”default” title_text=”business-DZYPR3F” hover_enabled=”0″ sticky_enabled=”0″][\/et_pb_image][\/et_pb_column][et_pb_column _builder_version=”4.8.1″ _module_preset=”default” type=”2_5″][\/et_pb_column][\/et_pb_row][et_pb_row _builder_version=”4.8.1″ _module_preset=”default”][et_pb_column _builder_version=”4.8.1″ _module_preset=”default” type=”4_4″][et_pb_text _builder_version=”4.8.1″ _module_preset=”default” hover_enabled=”0″ sticky_enabled=”0″]

AI\u2019s role in avoiding hiring risks<\/o:p><\/h2>\n[\/et_pb_text][et_pb_text _builder_version=”4.8.1″ _module_preset=”default” hover_enabled=”0″ sticky_enabled=”0″]

Within the lifecycle of recruitment and workforce management, there are a series of tasks that are better suited to an AI-driven algorithm than a human. These include:<\/p>\n[\/et_pb_text][et_pb_text _builder_version=”4.8.1″ _module_preset=”default” hover_enabled=”0″ sticky_enabled=”0″]

Running background checks<\/o:p><\/h3>\n[\/et_pb_text][et_pb_text _builder_version=”4.8.1″ _module_preset=”default” hover_enabled=”0″ sticky_enabled=”0″]

IC compliance checks are essential to prevent the misclassification of new hires that can result in hefty fines from regulators. The challenge for talent leaders is that running background checks is repetitive, tedious and can place high demands on administrative resources. Fortunately, AI technology can help to take the load from administrators on vetting submitted applicant documents, and compare answers with legislative requirements.<\/p>\n[\/et_pb_text][et_pb_text _builder_version=”4.8.1″ _module_preset=”default” hover_enabled=”0″ sticky_enabled=”0″]

Removing bias from CV screening<\/o:p><\/h3>\n[\/et_pb_text][et_pb_text _builder_version=”4.8.1″ _module_preset=”default” hover_enabled=”0″ sticky_enabled=”0″]

As mentioned earlier, AI is useful sometimes to remove bias and emotions from processes. This is particularly appropriate in the exercise of vetting candidates. Without some level of governance, there is a high probability that the wording of job applications, the evaluation of applications, etc., can be distorted by gender bias or other forms of institutionalized discrimination that reduce opportunities for a minority.<\/p>\n[\/et_pb_text][\/et_pb_column][\/et_pb_row][et_pb_row _builder_version=”4.8.1″ _module_preset=”default” column_structure=”3_5,2_5″][et_pb_column _builder_version=”4.8.1″ _module_preset=”default” type=”3_5″][et_pb_image src=”https:\/\/ustechsolutions.com\/wp-content\/uploads\/2021\/03\/three-businesswomen-talking-and-reviewing-the-late-CGHGXHR.jpg” _builder_version=”4.8.1″ _module_preset=”default” title_text=”three-businesswomen-talking-and-reviewing-the-late-CGHGXHR” hover_enabled=”0″ sticky_enabled=”0″][\/et_pb_image][\/et_pb_column][et_pb_column _builder_version=”4.8.1″ _module_preset=”default” type=”2_5″][\/et_pb_column][\/et_pb_row][et_pb_row _builder_version=”4.8.1″ _module_preset=”default”][et_pb_column _builder_version=”4.8.1″ _module_preset=”default” type=”4_4″][et_pb_text _builder_version=”4.8.1″ _module_preset=”default” hover_enabled=”0″ sticky_enabled=”0″]

Soft-skils candidate vetting <\/o:p><\/h3>\n[\/et_pb_text][et_pb_text _builder_version=”4.8.1″ _module_preset=”default” hover_enabled=”0″ sticky_enabled=”0″]

Getting the best out of people means making sure candidates fit in with the culture of the enterprise they work for, and the soft-skills and other qualities needed to perform in the role they are applying for. AI can help to validate factors such as cultural fit and assess \u2018what makes a candidate tick by leveraging the best known evaluation models and learning from the results of previous recruitments to shape selection recommendations to hiring managers.<\/p>\n[\/et_pb_text][et_pb_text _builder_version=”4.8.1″ _module_preset=”default” hover_enabled=”0″ sticky_enabled=”0″]

Scheduling shifts<\/o:p><\/h3>\n[\/et_pb_text][et_pb_text _builder_version=”4.8.1″ _module_preset=”default” hover_enabled=”0″ sticky_enabled=”0″]

One aspect of workforce management is balancing resourcing needs with talent availability. For some firms, the complexity of shift rotors is made even more complicated by variances in resourcing demands and \u2018external environmental impacts\u2019 such as the recent pandemic. Ultimately, the balance between labor demands and resourcing capacity comes down to crude numbers\u2014and when it does, AI driven solutions are helpful in making recommendations to shift coordinators to achieve the optimal shift arrangements.<\/p>\n[\/et_pb_text][et_pb_text _builder_version=”4.8.1″ _module_preset=”default” hover_enabled=”0″ sticky_enabled=”0″]

Setting the right hiring rate<\/o:p><\/h3>\n[\/et_pb_text][et_pb_text _builder_version=”4.8.1″ _module_preset=”default” hover_enabled=”0″ sticky_enabled=”0″]

Setting the hiring rate for any given role has a huge impact on the ability of an enterprise to find the talent it needs. Set the price too high, and your business can pay over the odds for its workers, but set too low, it\u2019s unlikely you will find the talent you need. Hiring rates for any given job category are influenced by market conditions<\/strong> (i.e., the demand and supply pressures on labor sources), by the level of experience and skill <\/strong>that\u2019s deemed desirable for the role, by geography<\/strong>, and by the parameters<\/strong> of the candidate search (such as the willingness of hiring managers to consider remote workers).<\/p>\n[\/et_pb_text][\/et_pb_column][\/et_pb_row][\/et_pb_section]\n","protected":false},"excerpt":{"rendered":"

4-minute read Artificial Intelligence (i.e. intelligence demonstrated by machines rather than humans) is the most Not a new story, but a news story AI isn\u2019t all that new: it goes way back to the 1950s when Alan Turing invested in tests based on natural language conversation with machines. AI has been getting smarter and more human-like ever since. It wasn\u2019t until May 11, 1997, that an IBM computer called IBM \u00ae Deep Blue \u00ae beat the world chess champion after a six-game match. Surely, the most impressive moments for AI began in the last few years as the technology has become more democratized; making possible projects like Amelia from IPSOFT. With her Conversational AI capabilities, Amelia continuously learns from human interactions to create the most engaging user experiences and generate business value. While it may not be shiny new, it is in line to be the next big thing, set to transform every aspect of our lives. Practically every business startup invested in by Silicon Vally investors in 2020 had an AI aspect to its business model. In the next decade, AI is set create enormous economic value, just like electricity once did. No surprise then that AI experts are […]<\/p>\n","protected":false},"author":9,"featured_media":8160,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_et_pb_use_builder":"on","_et_pb_old_content":"","_et_gb_content_width":"","footnotes":""},"categories":[6],"tags":[],"class_list":["post-8159","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-artificial-intelligence"],"yoast_head":"\nHow AI can mitigate virtual recruitment risk - USTech Solutions<\/title>\n<meta name=\"description\" content=\"Artificial Intelligence (i.e. intelligence demonstrated by machines rather than humans) is the most\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/ustechsolutions.com\/how-ai-can-mitigate-virtual-recruitment-risk\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"How AI can mitigate virtual recruitment risk - 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