The importance or scope of Artificial Intelligence or AI is growing day after day. Artificial intelligence is expanding its way across all industries or sectors including human resources. The role of artificial intelligence in HR can be more far reaching than expected and it is indeed helping companies in increasing efficiency, accuracy, revenue generation and in saving time.
AI’s role in human resources is to bring in further changes and improvements and to change the functioning of human resources in an organization. Artificial Intelligence in human resources is all about combining people, processes and technology in a way that they work together to bring maximum value at the minimum cost.
How Artificial Intelligence is changing the way of Human Resource Management-
Human Resources is all about connecting companies with current and prospective employees on a personal level. AI in the human resources is tipped for success because it has the capabilities that allow HR managers to work on their focus areas that is to hire, engage, and develop humans.
AI is helping in building intelligent machines that are capable of keeping organizations and HR managers focused on various needs of both candidates and employers. Companies are using AI to help candidates or job seekers to transfer information from their resumes onto smart digital forms to complete their applications with efficiency. AI is capable of recognizing relevant information of the concerned candidate’s resume, store it and automatically input it into future forms.
AI apart from making the HR activities simplified is also capable of making a difference in various aspects of Human Resource Management or HRM such as talent management, recruiting, onboarding, scheduling the activities in addition to analyzing the data of employees from the database.
Companies are seeing a greater impact after adopting artificial intelligence in the entire process of human resources. For instance, after merging bots with the HRMS system, employers/firms are experiencing a centralized system of carrying the process of work and is helping in keeping the relation among the employees aligned.
Benefits of using artificial intelligence in Human Resource Management System
Artificial intelligence is reinventing the HRMS by providing the following benefits or advantages such as-
- Improvement in the process of recruitment
Integrating Artificial Intelligence in the HRM working system is enabling organizations in talent acquisition, which was used to be the most tedious and time consuming task for HR professionals. With an integrated and automated applicant tracking system, human resource managers can now easily predict the behavior of the candidate using artificial intelligence thereby helping them in screening the right candidate for the profile. It is also helping in improving the overall efficiency of the recruitment process.
- Bringing efficiency in the training system
Artificial intelligence in the HRMS system is helping organizations in personalizing the training system by retrieving the data of the employees from the database such as their behavior while carrying out the assigned tasks. It is also helping in finding out skill gaps in employees so that organizations can prepare training programs that can help in filling those gaps.
- Employee retention and exit
Artificial Intelligence is also very advantageous in alleviating the retention issues of the company. Employees with access to a support system that can redirect them to their managers or development opportunity at the touch of a button are far more likely to be content with their job placements. With AI systems in place, HR managers can predict when an employee is planning to quit or exit based on their communication and behavior. This can help HR in preparing for the future or trying to retain the employees who are planning to leave.
Finally, it can be concluded that organizations need to collaborate with their HR departments to personalize the approach in implementing AI at work to meet the changing expectations of the employees that help in improving employee productivity in addition to analyzing and predicting the employee needs.