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Artificial Intelligence: The Secret Enigmatic Elixir that is Transforming the Foundation of Corporate Hiring

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Urban contemporary life leaves no stone unturned to leave us for brainstorming to survive in this corporate world. People are running from pillars to post to get everything done accurately on time, but still cannot match the pace of a machine which is the brainchild of the mankind itself. Urban life is synonymous to automatic life where day to night machines are driving us in all directions. Among all such amazeballs, Artificial Intelligence is storming the whole world like nothing else and becoming a buzzword in the Corporate World. Till date, Artificial intelligence has been proving its wonder in varied industry and in every sector, it came out with flying colors. Recently, innovation and renovation along with upgradation of technology in Artificial intelligence has been taken place and it stepped into the area of Human Resource Development. Since its introduction in this industry, it has been the talk of the town for helping organizations to choose the right person in a right position at the right time.

Before heading to the application of AI, you need to know if you are not well verse about its source and whereabouts.

Artificial intelligence is an astounding amazeball of Data Science that is blazing the trail in the industry. It is nothing but the simulation of human intelligence with the help of few tools of computer science. Artificial intelligence needs several programing languages tools like R, Java, C++ and Julia. They help the system to decode and read the data properly and take needful actions. Using this technique, generative AI techniques are creating realistic text, images and other media which is successfully being used by Human Resource departments.

How it works?

Being an advanced systematic operation of science and technology, Artificial Intelligence works following a certain path using different skills-

1. Learning: Data and information are the backbone of Artificial Intelligence. Firstly, it tries to acquire data and information from the trusted source. Then using the efficiency of algorithm, it transfers the data into a usable state and instruct the computing operating system with few steps and rules to read and understand the data.

2. Reasoning: It is just choosing and updating the system of algorithm to select the right path to get the desired result.

3. Correction & Creativity: AI being the nucleus of the system, always looks after the actions and reactions of algorithm and check whether each of the action is finely tuned with the system so that it turns out accurate. Using neural networks, rules-based systems, statistical methods and other AI techniques it extracts innovation with media, texts, data and operating system.

4. Holy confluence of Artificial Intelligence & Human Resource: Since its inception, AI has become everyone’s favorite in the HR industry. AI is able to perform several tasks like learning, reasoning and problem solving that demand the intelligence of human brain accurately and effectively in a cost-effective manner. Artificial intelligence has truly transformed the way various stratum of working like risk detection, financial management, record keeping and magnified its output to a large extent. Artificial intelligence is helping the HR experts and managers to complete their hiring process smoothly in a hassle-free way using AI tools like ‘Workable’ and Automated screening. It helps the expert professional to spend their valuable time in complex works related to their business.

Successful usage of AI in Human Resource Harnessing the Goodness of Technology:

• Recruitment Process: AI helps the HR managers by scanning and scrutinizing all the profiles of the applied candidates and then it sorts the resumes scanning about the working details and eligibility criteria of the company and after that it sorts out the candidates whose profiles match with the requirements. This is a lengthy process for human which is being done precisely and accurately within a short span of time. This ensures that not a single eligible candidate is left behind due to fatigueness of human brain.

• Eliminate the Biasness of the Employer: Biasness and nepotism is penetrated in the blood of human so deeply that in the corporate scenario, incompetent candidates can creep into a good position against a lucrative salary. Machines are devoid of such anomalies, and works depending on only the logic and reasoning. Artificial intelligence thoroughly scans the data skillfully and works ensuring the quality of the candidate. There are language bias, racial bias or gender bias in the society which has been deep-rooted in human minds. AI successfully stampede such ill effects and perfectly procuring its job.

• Decision-Making: Modern technology like AI helps the HR professionals by providing required real-time data and information to make the decision easier and effective. Processing such a huge amount of data manually is a tiresome task which was made easy and time saving by AI. This in turn increasing the productivity at large. AI algorithms and NLG software can convert data into text and draw insights faster than conventional methods. Various AI driven visualization software are depending on the efficiency of the system to get accurate result in a cost effective and time saving manner.

• Magnifying Employee Experience & Benefits: AI is helping a lot in increasing the level of employee engagement by giving them thorough information about the strength, weakness and potential risk factors in the market before-hand. They can hit upon some innovative ideas to cater such problems and reduce the overhead costs to a great extent. In a corporate survey, it was unveiled that employees with greater level of engagement have 21 percent greater profitability. Numerous recognized organizations are coming up with new technologies of AI voice assistants to meet up the queries of their efficient employees. The efficiency of AI is perfectly used in administration of employee benefits. Most of the time, the employees are not well versed about the benefits and interest of them and when they have valuable queries to know, there is none to assist and answer them. Here in such a case, AI chatbots are coming up as the messiah to save the administration for catering the queries. AI chatbots are great devices to maintain a good level of communication which answers all the doubts and confusions promptly time and again with the same
level of patience and accuracy.

• Allow to Complete Complex Task of HR Department: AI technology can cover various backend processes like calculating and keeping records of the payroll, recruitment and on boarding performances of the HR managers. It can also track the productivity and efficiency of the employees. So, it has become a child’s play to validate the performance of the employees and identify the areas of improvement. This kind of time taking tasks can be accomplished in no time, giving them a golden opportunity to put the efficiency of their grey matter in complex tasks like HR and business strategy, organizational effectiveness, change management, employee relations, SWOT, and VED analysis, negotiate, arbitrate or mediate the disputes between employees or departments.

• Training & Developing Skills: It is a laborious job to train the newly joined employees or fresher to work effectively and efficiently. AI based software application can arrange personalized training programs for the employees and offers a 24*7 support system to cater all their queries about particular tasks or operations. AI enabled systems recommend targeted training courses, webinars, or workshops for certain roles and goals.

• Planning of Workforce: By analyzing current workforce skills, industry trends, and company growth plans, AI driven tools and applications can predict on which time of year, in which department, how many employees are needed and plan accordingly for the following financial years. So that, the enterprise can get right talent, in right role at the right time reducing the cost and enhancing the efficiency.

Therefore, from the above happenings and information it is clear like crystal that Artificial intelligence has already knitted an effective web to win over every horizon of the industry and Human resource is not out of its web.