How does Chatbots helps in accelerating hiring process

Date - January 23, 2023

INTRODUCTION TO THE RECRUITMENT CHATBOT

A recruitment chatbot is a software application designed to mimic human conversations during the recruitment processes. The recruitment chatbot uses AI technology such as NLP (Natural Language Processing) to understand a person’s message and respond to it. As per the recent report by Allegis, 58% of candidates were comfortable interacting with AI chatbots during the early stages of the job application process. Chatbots are used in various media formats like

  • Email
  • Website
  • SMS
  • Social Media Apps like Facebook
  • Slack
  • ATS (Applicant Tracking Software)

 

BENEFITS OF USING A CHATBOT IN HIRING

Better Recruiting Outcomes

Chatbots Simplifies the Hiring Process

Chatbots come in handy by collecting various information from candidates using a text conversation rather than asking them to fill out the forms. Employers that use chatbots can save 74% of recruitment efforts, time, and budget. In addition, Chatbots help in resolving instant queries and answering FAQs to speed up the recruiting process.

Spend more time on the best candidates

Chatbots will have the ability to provide candidate scores based on the conversation with them. As a result, it will reduce the efforts of the recruiting team to focus on the best candidates and the candidates who can be the future employee of their firm.

Chatbots Improve Employer Branding

Implementing Chatbots in recruitment can enable the organization to be recognized as a reliable company compared to the other competitors. According to LinkedIn reports, organizations who differentiate themselves with a strong employer brand enjoy a 50% lower cost-per-hire and 1-2x faster time to hire.

Automate the Manual Tasks

Resume pre-screening, scheduling interviews, and the internal coordination among the team are automated with the help of chatbots. AI-powered chatbots access the recruiter’s calendar to check for their availability and schedule a meeting automatically.

HOW TO USE CHATBOTS IN THE RIGHT WAY

Chatbots still require human touch to work effectively, and if a question is not answerable by the chatbot, it has to move on to a human recruiter to follow up. Track the performance of chatbots to ensure everything is right at your end. Consider the following KPIs

 Chat engagement: The number of candidates exchanging messages with a chatbot.

Quality of candidates: The number of qualified candidates recommended by the chatbots

Conversion rate: The percentage of candidates visiting your careers site by the number of candidates converted successfully by logging into the applicant tracking system.

ORGANIZATIONS AND UNIVERSITIES THAT USE CHATBOTS IN THEIR HIRING PROCESS

Sutherland, an IT service provider, built its chatbot where candidates can interact through text message, email, etc. The chatbot used by Sutherland also provides feedback about the candidate’s experience. For example, if a candidate abandons the application process, the chatbot ascertains the reason and sends the information back to the recruiter.

U.S Army has had a used, Webchat – Sergeant Star bot for over a decade, helping them recruit soldiers and can do the work of more than 50 recruiters at a time.

The U.S. General Services Administration uses the Mrs. Landingham bot that helps new employees with the onboarding process.

Georgia State University uses bot Pounce which helps students navigate the application process. Pounce bot works 24 hours a day, carries out the initial parsing of the resumes, and selects the qualified ones for the next stage.

Thus, implementing chatbots in your recruitment process is indispensable for effective and quality hiring.

Enter the details to download the document