HR teams have a pretty tough job to do, from writing job descriptions and sieving through hundreds or thousands of candidates to scheduling interviews and having to consider loads of important factors.
It’s a completely tiring process, and there’s no guarantee they don’t miss crucial information because, well, they’re humans. As a survey by Deloitte revealed, recruitment teams have to deal with loads of challenges, especially finding qualified talents.
However, HR and others in charge of recruitment can have a much-improved experience and get better results by embracing artificial intelligence.
AI technologies can help businesses accommodate more talent, select the most qualified candidates, and handle all the lifting so recruiting teams can focus on other aspects of the job that matter to boost productivity.
Below, you’ll find AI recruitment statistics showing how AI has revolutionized the recruiting process, its many benefits, and everything in between.
As humans, it’s pretty normal to stick to things we’re already familiar with in place of new things we’ve barely had many experiences with. Hence, it’s understandable that many are less receptive to new ideas such as artificial intelligence.
That is why you may want to ask, why AI? Why not stick with the traditional recruitment methods that have always worked? The first response I’d give is that conventional methods haven’t always worked and for my second response, let’s look at the stats below.
As mentioned in the introduction above, recruitment teams find little of what they do easily and need help to do better.
- The survey from Deloitte states that recruitment teams encounter different challenges, such as finding qualified hires (61%), identifying full-time talent with the right skills (37%), and finding qualified entry-level hires (34%).
- Recruiters spend 13 hours a week sourcing candidates for a single role.
- 80% of recruiters say employing to fill roles in their businesses is more challenging due to the skills gap.
- The average number of applications received per job position rose between 2012 and 2022 by 39%. Meanwhile, the quality of 72% of employment applications is considered low to average.
Employers recognize the many challenges in recruiting and, therefore, the need for intelligent tools and AI to help ease the processes.
- 71% of recruitment teams say they need intelligent tools to manage data.
- 92% of HR professionals think it will be great to use AI for talent acquisition.
The current state of AI in recruitment
The current state of artificial intelligence shows great promise for what’s to come in the field. It shows how successful the efforts that have been put into are and tells you the future will be massive as far as the efforts are upheld.
The following statistics explain what the current state is.
- 30% of organizations use AI for their recruitment campaigns.
- 65% of recruiters already use AI for recruitment.
- Close to 60% of participants in a survey say their organizations are already using AI to manage talent.
These survey respondents confirm their organizations use artificial intelligence for experience personalization, candidate-to-role matching, upskilling and reskilling, customer service, and mapping career paths.
- Currently, there are over 100 startups working to create more AI tech solutions for human resources managers.
- 35% of talent professionals and hiring managers say their hiring processes are affected most by AI.
As expected, AI has been immensely beneficial for organizations and their recruitment teams, and the stats below will cast more light on this fact.
- Around 85% of recruiters say AI is useful and will be in charge of some aspects of hiring.
- Around 67% of HR executives believe AI is advantageous for different parts of recruitment processes.
- 58% of recruiters reveal that AI has been the most useful for sourcing candidates. 56% also say AI is most beneficial for screening candidates, while 55% say it is most helpful for nurturing candidates.
- The Job Seeker Nation Survey of 2020 revealed that AI delivers a positive experience for candidates.
- Around 89% of respondents believe AI could be beneficial for candidates during the application process.
These statistics reveal that artificial intelligence isn’t just great for recruitment, but it can offer solutions for several aspects as far as recruiting is concerned.
- 42% of recruiters think that AI will be useful to help them become more strategic.
- Around 79% of recruiters and 43% of candidates think AI will continue to advance and be effective in hiring and firing.
- 67% of recruitment managers in a LinkedIn survey say AI helps them save time.
- 94% of recruiters say AI has improved their hiring process.
- 36% of recruiters say AI improves their jobs.
- 66% of executives believe AI can enhance HR values.
- 44% of respondents say AI will help recruiters save time.
- 80% of executives say AI helps them boost performance and productivity.
- 38% of organizations are focusing their AI efforts on talent acquisition.
- 45% of respondents believe that using AI in HR processes helps the company with scalability and driving business impact.
- Companies that use AI for recruitment are able to cut their cost-per-screen expenses down to 75% and reduce turnover by 35%.
This is possible because companies and their recruitment teams can leverage AI to automate processes.
- 68% of recruiters believe AI in recruitment will help eliminate unintentional bias.
As stated earlier, the development of AI for recruitment is on an excellent trajectory. The future may see the introduction of better AI solutions for recruitment departments. At least, that’s what these stats are pointing at.
- Predictions say that AI for the recruitment industry is expected to grow to USD 890.51 million. For context, it was USD 610.3 million in 2021, and the CAGR is around 6.5% for the period in focus.
- Human resources departments are expected to introduce more AI tools to their talent management tech stack between 2021 and 2025.
- Around 77% of human resource professionals think recruitment processes will soon be handled completely by AI without human interference.
- 54% of recruiters say integral roles within the HR department will feel the impact of AI.
- 60% of HR executives think AI can promote equity and inclusion among employees.
More people are accepting AI in recruiting, but they want a human in the loop to double-check things just in case.
- If a human is contributing to the decision-making process, 75% of people feel comfortable letting AI decide the fate of their applications.
- Only around 13% of respondents worry that AI may present certain dangers in recruitment.
A fairly small number (13%) believe there are adverse effects that may arise from utilizing AI for recruitment processes. Some of the dangers mentioned include overlooking atypical characteristics, algorithmic bias, and manipulation by candidates.
However, the belief that AI poses a danger to recruitment is more prevalent among older respondents over 40 years.
As you must have guessed already, AI in recruitment isn’t quite where it should be. The need for improved AI solutions means people still have reservations, as the following stats show.
- 35% of respondents think that AI may cause recruiters to overlook candidates with unique talents, and 26% believe it is harmful to the HR industry.
- Only 31% of respondents would let AI decide whether they get hired. 25% think it is completely unfair to let AI make the decision, but many (75%) will be receptive to the idea if a human is involved.
- Only 56% of job applicants believe AI is less biased than humans.
- 90% of people believe job applicants can manipulate AI.
Many people still think that job applicants can find ways to manipulate AI to certain degrees. There has always been the question of what happens when people find ways around AI, and according to this survey, only 9% think AI is immune to manipulation.
46% think job applicants can manipulate AI easily, 36% think they will take advantage of AI to some extent, and 44% are convinced AI will certainly be influenced.
- Around 7% of job applicants would not like to be onboarded by artificial intelligence.
While the number is a relatively small one, it shows the reluctance that people still have towards embracing artificial intelligence as far as the recruitment process is concerned.
Artificial intelligence plays a significant role in recruitment processes, as shown by these statistics. While switching from traditional recruitment methods to AI technology can take a while, data shows it has more benefits in the long run.
As it is with adopting different technological changes, it will be helpful to ease it in to assist your staff members with getting used to it. Don’t worry. You can always refer back to this list of statistics as motivation to put in the work and expect the good things to come after.