AI – The New Era in HR

Tom Teluk

13 May 2024

Artificial Intelligence tools (such as AI HR Assistants MindPal ) will revolutionize the work of human resources departments.

According to a study conducted by the IBM Institute for Business Value (IBV), CEOs estimate that as much as 40 percent their employees will have to change their qualifications as a result of the automation of work in companies in the next three years.

What is important, they will not be replaced by artificial intelligence algorithms, but their competences will be expanded, 87% respondents say so.

AI is useful in the following areas:

  • Recruitment
  • Acquiring short-term employees
  • Onboarding
  • Professional improvement and development.

AI mechanisms are especially useful in such processes as recruitment. Recruiters complain that the processes of acquiring new employees are slow and labor-intensive. Meanwhile, AI HR Assistants can automate and significantly speed up this process. This way, HR teams save time and resources. It is also easier to introduce a new employee to new duties in the company.

Enough wasting time! Recruiters’ work is as much as 80 percent repeated. Artificial Intelligence will simplify their work and relieve them of routine duties. This way, recruiters can focus more on strategy and decision-making.

However, what seems crucial is the greater effectiveness of the actions taken. Recruitment processes often involve the risk of making bad decisions. Mismatching is common and wastes time, money and resources.

AI can improve the matching process and better connect talents with their dream jobs. Thus, strengthening HR departments and offering them a competitive advantage over those who are late in implementing AI solutions.