HR executives and organisational leaders believe that combining HR analytics functions such as administration and onboarding with artificial intelligence can improve the employee experience multi-folds. Some business owners and CEOs are investing in the integration of cognitive computing with various HR functions and automating them. We have already seen the fruits of automation.
According to a recent poll conducted by Information of Business Management, 50% of recruiters, HR representatives, and CEOs have already identified and predicted the future of HR analytics. They believe that AI in HR analytics will revolutionise and transform all of the duties of HR. However, not all businesses can use AI in HR analytics. According to a poll done by the Human Resources Professional Association in 2017, 52% of CEOs believe that HR analytics would not have a future in their companies since they do not function on a broad scale.
Let us look at five ways artificial intelligence and its future advancements can help revolutionize HR analytics.
Personalize Employee Experience
Artificial intelligence may be integrated into employee onboarding procedures, according to IBM survey authorities. New employees will want to meet seasoned employees at the company to learn the culture and the practices. During such instances, specially developed systems dedicated to this particular purpose can be used to answer all of their crucial queries. For example, AI in HR analytics and HR operations can set up a system in which new employees are given the names, locations, and contact information of existing employees so that they can quickly communicate with them.
Automated Decision-Making for Operational Tasks
HR executives typically have to deal with time-consuming responsibilities including vacation requests, HR analytics, team training, and hiring processes. Such operational decisions can be automated through cognitive solutions, which have the potential to change the way AI is used in HR analytics in the future. Artificial intelligence can, hence, help the company better tap into HR analytics and big data sources to uncover new business insights.
Automated Recruitment Processes
Recruiters and HR executives want bespoke experiences suited to their specific company objectives and needs, which will not only revolutionise HR analytics but also streamline HR processes. Artificial intelligence recruiters may be used in HR analytics to automate resume screening, and interview scheduling, provide real-time feedback to workers and enhance the management of massive data in HR analytics. HR executives will save not just time but also money as a result.
Removing Biases
Even if employers attempt to remain neutral, unconscious biases cause them to favour applicants who fit their stereotypes or reject candidates who do not. Biases in resume selection and job descriptions are also widespread. Artificial intelligence, on the other hand, may eliminate bias tendencies altogether by designing algorithms that enhance hiring communications.
Enhance Candidate Assessment Efficiency
Artificial intelligence is capable of deciphering subtlety. By covering job letters, resumes, and candidate interviews, AI will revolutionise the future of HR analytics. Artificial intelligence will introduce more sophisticated methods for determining whether an applicant is suitable for the job.
