While the recession and pandemic have wrecked havoc on many industries, forcing them to cut back on hiring, others have seen reverse effects and are expanding robustly.
The impact of Covid-19 on health, economies, and markets is an unfolding story that is complex and fluid in its ever-changing dimensions. One of the biggest visible impacts of the virus has been on the organizations and the nature of workplaces. As the coronavirus spread invisibly across the globe, nation after nation has declared lockdowns, and organizations have scrambled to comply with lockdown restrictions while striving to keep operations going.
Essential retailers, who remain open during the pandemic, like big retail stores, grocers, pharmacies and chains are hiring at large scale to meet demand. In addition to maintaining staffing levels, many are rapidly increasing headcount to allow for more downtime or flexible schedules for staff members. Talent acquisition and HR professionals are up for the task.
As talent acquisition rushes to speed up the recovery process, the temptation to fill these roles immediately will be greater than ever. But if an employer or a recruiter can’t find time to identify the key skills needed to support new business goals, they’re putting themselves at risk of enormous setbacks. An increase in employee turnover will put them back at square one.
On top of that, there will be a high number of applicants for open roles and top talent on the market who are ready to talk. How will recruiters surface the best candidates before their competitors do?
For high volume recruitment, generally all candidates that meet the minimum qualifications move forward to the interview process. For low volume recruitment, generally only the top few candidates that meet both the minimum and preferred qualifications receive an interview.
If you’re a recruiter in a company that suddenly has to hire a lot of people, you’ll need some extra help. Leverage both people and tech power.
Screen at scale with artificial intelligence (AI)
The reality is that technology often evolves faster than the industry itself. Expectations are high, and old habits that rely on time-consuming manual processes and gut-feel aren’t up to speed. HR teams need to rewrite the rules for hiring in the digital age.
AI for resume screening can handle massive volumes of data. In fact, AI requires a lot of data in order to make accurate recommendations about which candidates to move forward to the next stage. This means AI screening software is most valuable for high volume recruitment such as retail sales or customer service roles.
The time you save screening resumes can be used in more valuable ways, whether it’s sourcing, engaging, or interviewing candidates to help determine how well they’ll fit in the job and company culture.
In a very competitive talent-driven market you want to reach quality candidates faster and engage them better. With the volume of the candidate, applications are always going up; you need an approach like using AI for resume screening to quickly identify best candidates from the rest. The large pools of applicants are likely to stay even after Covid-19, and these tools make it easier and cheaper for HR departments to hire.
To help you save time, we are offering a free trial of our AI-based Resume Screening tool. Signup today and take advantage of the offer!