Whenever we talk about evolution, digitalization comes up as the most crucial element or catalyst that has played a pivotal role in facilitating the workflow for people.
Be it personal or professional, digitalization has left no life untouched. It has gained significant reliability and dependency of the people within a very short period.
Digitalization has led to the innovations of various virtual tools and content, which hold the potential to make our daily chores easier. The rapid speed at which digitalization has affected the workflow of professionals may seem unreal as it took little time to become a part of our daily lives.
How has it affected the workplace?
Workplaces have become more efficient as digitalization saves more time and effort to complete a particular task. This evolution has enabled the workplace to get the maximum output with minimum effort. There has also been a paradigm change in workplace collaboration and communication. Digital tools have crossed multiple barriers in the workplace with instant messaging, virtual meetings, project management platforms and digitized interviews. Digital hiring and recruitment increasingly fuel the global economy.
The advantages of digitization in Interviews
Integrating AI in hiring processes includes increasing efficiency in vetting and verifying candidates and developing a richer candidate pool.
Automating repetitive processes: Mechanization frees workers from tedious undertakings, permitting centers around additional intricate, inventive viewpoints.
Interview-as-a-service platforms demonstrate remarkable efficiency, resulting in a substantial 50 per cent time-saving during screening and interviews. Moreover, it achieves a 20 per cent reduction in cost per hire, signifying a transformative enhancement in hiring efficiency and overall financial effectiveness. In essence, this approach ensures the selection of the most qualified candidates while optimizing resource utilization. The cost-effectiveness of the process not only elevates recruitment efficiency but also positively impacts the bottom line.
Another issue that can be addressed is identifying the information in the candidates’ resumes. It has now become a common practice for job seekers to exaggerate their skills and experience on their resumes, creating a disparity of information presented before recruiters. Almost 30-40 per cent of resumes today are inflated, creating a problem for recruiters in finding deserving, skilled candidates. However, this problem can be easily tackled with the emergence of AI interviews. Digitizing the interview process with the help of AI can be a remedy. This can be done with skill-based testing, behavioral analysis, and objective evaluation.
Impact Shorts
More ShortsThe entire process of tirelessly going through resumes and screening candidates accumulates in the human psyche. It makes the process cumbersome and taxing, resulting in added cost and time to the company. But with interview-as-a-process, we can digitize the process to increase the overall efficiency of the recruitment process, directly influencing the result, which contributes to building a better workforce for the company.
The author is CEO and co-founder of InCruiter. Views expressed in the above piece are personal and solely that of the author. They do not necessarily reflect Firstpost’s views.