Will a Hire Based on AI Last Longer Than a Human-Selected Hire?

In many cases, employees hired based on artificial intelligence (AI) last longer than employees hired on human-made decisions. Implementing AI in the hiring process can increase efficiency and lead to higher performing employees. However, there are issues with AI that need to be resolved before it becomes more heavily relied upon in the recruiting process.

Resume Sorting

Employers feed a system teaching sets and information, including resumes, performance reviews, work product and career paths, for top candidates competing for an open position. AI sifts through the information to match specific criteria, such as location and previous job title, ranks the information based on other desired traits and background information, and presents the information to a recruiter. Because poorly matched candidates are quickly eliminated, an employer can more efficiently meet with highly ranked candidates and decrease the time needed to hire.

Answering Candidate Questions

Chatbots can provide job seekers unadvertised information they need to know to determine whether they may be a good fit for both the company and a role. Chatbots can let candidates know whether their resume is still being considered, rather than the candidate not being responded to at all. Chatbots can reduce bias and unconscious discrimination in the interview process by objectively ranking information rather than making decisions based on an interviewer’s intuition.

Leveraging Video Technology

AI can be leveraged into video technology to evaluate a screening interview. An employer can analyze whether a candidate was comfortable during the interview, honest in what they said and gave quality answers to interview questions. The evaluation should be used with other methods to increase efficiency in the hiring process.

Customizing Algorithms

Each business needs to input specific skills, traits and expertise necessary to excel in a role. Unfortunately, most companies use the wrong algorithms, which contributes to a lack of diversity and inclusion and puts the company at a disadvantage. For example, because many companies include Ivy League degrees, employment with globally recognized companies and specific demographics and traits in their algorithms, a substantial number of highly qualified candidates are automatically eliminated from the hiring process. Also, because a significant number of employers want candidates with those characteristics, employers have a harder time hiring them, end up paying more to bring the on, and may not receive the results they want.

Secure Your Next Position Through Casey Accounting and Finance

Secure your next position through Casey Accounting and Finance Resources, a leader in Chicago area financial staffing!

chicago-accounting-staffing

 

Your New Job Is Boring. What Changed? What Can You Do?

After a few weeks at your new job, you may find yourself disinterested in your tasks. Because you need to be engaged in your work to feel job satisfaction, you may decide to look for something else. However, you may end up in the same situation elsewhere. Therefore, you need to uncover what changed in your job and what you can do to improve it.

Alter Your Surroundings

It may be another office, a coffee shop or other location where you can complete your work. A change in scenery may help you focus. You may even decide to go for a quick walk to clear your head and see things in new ways.

Look at Your Tasks From a New Angle

Objectively look at your tasks as though you were an outsider. See how you can make things interesting. For example, work on a different task first. Make your calls in the morning. Take your break at different times. Wait three hours to check your email.

Meet Colleagues

Walk in the break room at various times and introduce yourself to employees in other departments. Talk with different co-workers at company functions. Make plans to participate in activities outside the office. You’ll be more engaged in your work knowing you have friends nearby.

Actively Learn

Attend seminars and conferences to find out more about your industry. Take a class related to your field. Ask if you can cross-train in another department and fill in when needed. Go for a promotion so you have additional responsibilities that keep you busy and engaged.

Talk With Your Boss

Let your boss know what the issue is and how you may improve it. Perhaps you need additional tasks, a new project or a more challenging workload. Focus on what the company needs and how you may contribute. You may be able to find a solution to a recurring problem or help colleagues complete a project. Mention your performance with your current workload, what you have learned and accomplished, and why you are the best employee for taking on additional assignments.

Partner With a Staffing Agency

You will be tested on various skills to determine where your interests and expertise are. You will add to your experience level and discover what your true passion is. By working in a temporary position, you can determine how well you fit with company culture and whether you would be happy being offered a permanent role. If you are dissatisfied with a position, you can easily move to a new one.

Reach Out to an Accounting and Finance Staffing Leader

Are you looking for a new accounting and finance position? Reach out to Casey Accounting and Finance Resources to find your next role by partnering with a top accounting recruiter in Chicago!

chicago-accounting-recruiter