The Rise of AI Recruiters & The Startups Leading The Charge

In days gone by, job seekers looking for new roles would have spoken to professional recruiters who would match them with available jobs.

But now, as with many sectors, AI is stepping up to take over. These AIs don’t just find the right roles, they stay involved in the whole process, completely redefining how companies find and hire new talent.

So, what are they? And how are they changing the world of recruitment?

What Are AI Recruiters?

AI recruiters are software platforms that use artificial intelligence to help with (or automate) parts of the hiring process. Rather than using human recruiters, these tools are able to accurately scan hundreds of CVs in one go, removing any form of bias. This can certainly help with the early stages of recruitment, where teams may need to narrow down hundreds of options before proceeding to the interview process.

AI recruiters help with:

• Matching candidates with jobs.
• Screening CVs.
• Scheduling interviews.
• Follow up emails.

and more.

Why Is AI Recruitment Becoming So Popular?

Like with many areas that AI has touched, it has been praised for:

• Being able to churn through hundreds of CVs in minutes, helping speed up the recruitment process.
• Lowering the cost associated with recruitment, which is historically high for companies.
• Matching CVs with open roles quicker than humans can.
• Removing any biases and making the process more objective.

What Are The Downsides Of AI Recruitment?

Whilst AI can certainly make recruitment quicker, many critics raise questions about its ability to effectively place candidates with roles in the same way that human recruiters can.

The ability to decide whether a person will be a good fit for a company is much more complex than just matching their CV to a role. Not only that, but it’s unclear whether AI is as objective as everyone thinks, or whether it may have some algorithmic biases.

Who Are Some Of The Most Well Known AI Recruitment Companies?

Let’s take a look…

HireVue

Used by some of the biggest companies in the world, HireVue is designed to make the recruitment process faster and fairer.

Through their AI-video interview platform, candidates interact with computers throughout the hiring process, which analyse their answers, facial expressions and skills to match them with a role.

This is particularly useful for companies that hire at scale or look to fill hundreds of roles in one go.

hireEZ

hire EZ  is an all in one platform for finding the best talent, from sourcing to analytics and more.

hireEZ’s AI collaborates with human recruiters to help boost productivity and speed up internal and external hiring. Designed to help human recruiters find the best match, the platform presents them with the top candidates, allowing them to focus on finding the best cultural fit for their company.

Eightfold.ai

Eightfold.ai helps companies recruit talent, retain their top workers and upskill their workforce, all in one place.

The platform allows companies to track employees and their work, allowing them to identify any new roles that might suit internal candidates. This means businesses don’t just find new talent, but also cultivate the talent they have – helping them find the right people for the right opportunities.

Manatal

Manatal is an AI recruitment software, designed to source and hire candidates faster. Serving over 10,000 teams across 135+ countries, the platform allows hiring teams to post jobs on platforms, manage their applications and get AI-led recommendations for the best candidates.

This not only allows them to hire faster, but more accurately too.

Workable

Workable is an AI recruiter that is able to find, screen and engage the best candidates for a given job. As their AI is built specifically for recruiting, it is designed to help teams hire better and faster.

Their AI not only suggests the best candidates and highlights top applicants, it also creates compelling job descriptions and guides teams through hiring best practices.

Humanly

Recruitment can be a time-intensive process, especially when managers want to give every candidate a personalised experience.

Through Humanly, HR teams are able to screen applicants, find the best fits and filter out those who are not a match – all whilst communicating with candidates throughout. Humanly AI helps companies keep candidates up to date with their application, without having to take on the admin burden that goes with it.