In an ever-evolving landscape of work, 2024 emerges as a year of hope with transformative potential. Amidst this backdrop, India stands tall as the latest ManpowerGroup Employment Outlook Survey suggests that 36% of companies are gearing up for recruitment drives between April and June.
Fueling this momentum are technological advancements, as various platforms turn to AI models to streamline the hiring process. The results?
Enter generative AI platforms where innovation meets necessity. The platforms present recruiters and HR professionals with an array of tools to navigate this season of talent acquisition.
We’re well aware that every business is unique, with its distinct recruitment processes. Thus, here are the latest solutions tailored to make the journey of 2024 recruitment seamless for all.
Machine Hack for Entreprises
Machine Hack Gen AI revolutionises recruitment practices through its AI-driven solutions, optimising every stage of the candidate evaluation process. By leveraging advanced algorithms, recruiters can accurately measure candidates’ skills for in-demand roles.
The platform provides tailored evaluations equipped with essential features such as build tools and interactive previews, ensuring comprehensive assessments aligned with industry requirements.
Moreover, Machine Hack Gen AI prioritises candidate success by creating an environment that mirrors real-world coding scenarios. With intuitive interfaces and essential tools like built-in terminals and native whiteboards, candidates can confidently showcase their abilities. This approach not only enhances candidate experience but also enables recruiters to gauge candidates’ adaptability and proficiency in practical settings.
Furthermore, the platform promotes transparency and integrity through AI-enhanced structured interviews, effectively combating fraudulent practices. By incorporating advanced algorithms, recruiters can assess candidates objectively, free from biases.
Oracle Recruiting
In 2018, Oracle Recruiting was launched as a part of the Oracle Cloud HCM suite. Now, it has integrated AI-driven features, allowing recruitment teams to attract top talent and swiftly fill job openings.
These features seamlessly integrate into existing HR workflows with the assistance of Oracle Cloud Infrastructure’s (OCI) generative AI services.
A standout success story is Kotak Mahindra Bank, a user of Oracle’s Fusion HCM. By harnessing OCI alongside Fusion Cloud ERP and Fusion Cloud HCM, the bank achieved a 51% reduction in manual tasks, significantly enhancing overall productivity.
Utilising Oracle Taleo Cloud, the bank efficiently manages its extensive workforce of over 30,000 employees, facilitating a smooth transition to a largely paperless HR system. Furthermore, the annual performance review process has seamlessly transitioned to a digital format.
As part of its cloud-driven evolution, the bank is also mandating the migration of all User Acceptance Testing instances to the public cloud, showcasing its dedication to modern and streamlined practices.
Zoho Recruit
The first version of Zoho Recruit was launched in 2009. Now, the latest version offers AI-based recruitment software for smart hiring. Basically, it assists in identifying top talent and conducting behavioural assessments of candidates. By utilising AI-powered tools, organisations can improve hire quality, reduce bias, and optimise time management for hiring teams.
Features like candidate matching, automated job description generation, and sourcing boosters enable quicker, more accurate candidate selection. Zoho also offers a resume parser mapping feature powered by AI and proprietary algorithms to help you standardise and align the parsed resume structure to the form supported by your organisation.
Furthermore, to enhance candidate communication and experience, Zia, Zoho Recruit’s chatbot, acts as your personal AI assistant, working in sync with Zoho Recruit’s Career Site to keep candidates updated on job availability and help them track their job applications.
HirePro
Based in Bengaluru, HirePro, founded in 2004, specialises in recruitment automation, offering enterprise-grade software to streamline hiring processes. Leveraging AI, they provide solutions for attracting, screening, assessing, interviewing, and onboarding talent.
They also specialise in addressing fraud in remote recruitment. Using Amazon Web Services (AWS), HirePro’s AI algorithms detect fraudulent activities during various stages of recruitment, ensuring secure processes. Employers have reportedly experienced shorter hiring cycles, reduced costs, and an improved quality of hires, enhancing brand equity through an AI-driven recruitment approach.
GetWork
GetWork.ai is a game-changer for recruiters. Particularly when they have to parse through thousands of applications that come in upon posting a job on the platform. To streamline the recruiter’s workload, they’ve developed a feature that showcases a candidate’s percentile match against their resume and the job description.
Once the score determined by the company is met, an AI voice bot swiftly conducts interviews at a staggering rate of 1000 calls per minute. Then, a recruiter can hire potential candidates in just one day.
Since 2019, GetWork has placed over 30,000 freshers from Tier 2 and 3 colleges with a network of 8,000 employers, including industry giants like Byju’s and Reliance.
PeopleStrong
PeopleStrong, a human capital management SaaS platform, recently unveiled a generative AI integration across its entire employee lifecycle.
It has begun to harness AI to simplify tasks throughout the employee’s journey, including generating OKRs, coaching new joiners with nudges, creating comprehensive reports, and offering recommendations drawn from existing enterprise-wide data.
In 2017, PeopleStrong also pioneered India’s first AI-powered chatbot, Jinie, followed by the introduction of the AI-driven Skill Cloud in 2022.
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