The use of AI in recruitment by Indeed
The days of manually searching and scrolling through a list of candidates are over: Indeed intensifies its efforts on Artificial Intelligence (AI) and promises to save recruiters hundreds of hours.
Over 50 days on average to recruit
"It takes over 50 days — you heard me right, over 50 days — on average to hire for a position," said Rajatish Mukherjee, Executive Vice President and Head of the Employer Division at Indeed, to journalists present at the presentation of the new offer byIndeed, a job search giant that needs no introduction. Named "Smart Sourcing", this offer integrates artificial intelligence (AI) to transform the recruitment process.
Smart Sourcing, a new AI-based offer
Rajatish Mukherjee, Executive Vice President at Indeed, highlights the company's new offer named "Smart Sourcing", which uses Artificial Intelligence (AI) to automate variousrecruitment stages, from candidate selection to drafting outreach messages. This technology promises to significantly reduce the time needed to fill a position, which currently averages over 50 days.
Mukherjee himself observed the benefits, saying: "It took me about 45 minutes to an hour to draft a really good message to a potential candidate because I really wanted them to respond."
Sourcingin recruitment should not be overlooked, it is a crucial step in recruitment, if done poorly, the recruitment is unlikely to succeed.Smart Sourcing
The Smart Sourcing system specifically targets active job seekers, highlighting those who have recently updated their profiles or interacted with job postings. It also suggests potential matches for open positions, creates lists of candidate strengths, drafts contact messages, and schedules appointments automatically.
Employers can pay between $1,150 and $3,840 per year to use Smart Sourcing (the lower figure is for occasional recruitment).
During trials, Indeed stated that employers save six hours per week with Smart Sourcing.
AI also for candidates
Indeed also has a solution for job seekers, offering an Artificial Intelligence (AI) tool that will generate a smooth and captivating work history summary for candidates, while enhancing options for one-click applications.
Already, 300 million candidates on Indeed's platform have agreed to be included in the Smart Sourcing Artificial Intelligence (AI) tool that will make them visible to companies, Indeed stated.
Challenges of AI in recruitment
"It takes over 50 days — you heard me right, over 50 days — on average to hire for a position," Rajatish Mukherjee, Head of the Employer Division at Indeed
The article also highlights the challenges associated with adopting AI in recruitment, including the risk of reinforcing existing human biases despite intentions for neutrality and fairness. Indeed addresses these concerns by establishing a dedicated Responsible Artificial Intelligence (AI) team to minimize biases in recruitment algorithms.
Qualified job seekers encounter more difficulties in the current market — it takes longer to be hired or even receive a response since the heyday of
the post-pandemic Great Resignation, while major employers are open to the idea of cutting costs, including among once-protected executives and middle managers.But in a still thriving economy where consumers remain active, companies cannot avoid hiring humans to meet growing demand. And now, Indeed, the largest job search site, is leveraging Artificial Intelligence (AI) to facilitate this task.
The technology couldn't arrive at a better time, as recruiters — those employees tasked with finding and hiring new employees to expand a company's ranks — are themselves being laid off at an alarming rate. Google, for example, laid off hundreds of recruiting employees in several waves of layoffs last year. Amazon dismissed numerous contract recruiters, and the 11,000 job cuts at Meta in 2022 disproportionately affected recruitment and business divisions. Indeed itself laid off 2,200 workers last year, according to CNN.
In conclusion
The introduction of AI in recruitment by Indeed could mark a revolution in how companies hire, accelerating processes and potentially reducing biases, while posing significant challenges regarding fairness and transparency. If Indeed succeeds in overcoming these challenges, Smart Sourcing could become a model for the industry, demonstrating how technology can enhance efficiency without compromising recruitment ethics.
For further reading
Find the original article:
Fortune.comIndeed's AI investigation, or the future of recruitment
- IndeedArtificial Intelligence: what role in recruitment?
- Culture RHAI is disrupting the recruitment world
- LinkedIn Talent Solutions - LinkedIn Talent Solutions
