As the sophistication of AI grows, many worry about unforeseen challenges, especially as companies and employees adopt AI tools to support their jobs. The AI market is also growing rapidly, with research firms forecasting a CAGR of 21.6% (2023-30) and 6.8% CAGR (2022-29). Over 91% of HR and TA leaders said that they were either using AI for recruiting or were planning to use it. AI recruiting platforms bring a host of benefits from taking over repetitive tasks and screening candidates to mitigating candidate fraud that make recruiters’ lives easier.
With increasing adoption, growing sophistication, and legal concerns, companies must implement AI recruiting policies to mitigate risks.
The AI recruitment space is rapidly evolving, but still in a state of flux . Companies can use the guidelines below as a base on which to establish equitable and unbiased recruiting procedures:
It’s imperative for companies who have adopted or are planning to adopt AI based recruiting tools and systems to implement a comprehensive set of AI recruiting policies to monitor and regulate the use of AI. These policies ensure that AI is used in the recruiting process as a means of aiding recruiters and hiring managers to find and hire the best talent.
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