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Companies increasingly adopting artificial intelligence to improve recruitment process

Around 68.5 percent respondents said they won't hire a candidate whose reference check was not up to the expectation.


PTI Last Updated at 05-08-2018 10:09:24 IST India
Companies increasingly adopting artificial intelligence to improve recruitment process

In the digital age, companies are increasingly adopting artificial intelligence to improve the recruitment process, but a significant percentage of HR managers still support the age-old practice of reference checks while hiring mid and senior-level professionals, says a survey.

According to a survey by multi-national recruitment firm Antal International, that covered 200 HR Managers and senior line managers, 93 percent respondents strongly support the practice of reference checks.

Most respondents believe speaking to previous employers and colleagues give insights into the candidate's work ethics, personality, and social skills.

"Reference checks are a vital part of the hiring process that helps in making the right decision while hiring. The average costs of a bad hire may equal 30 percent of the first year's potential earnings and reference check can help avoid companies avoid this hiring blunder," the survey said.

The survey noted that 78.2 percent of companies conduct reference checks as part of their hiring program, to ensure that they hire the right candidate, while 58 percent respondents said they would not roll out the offer without completing the reference check of a candidate.

Around 68.5 percent respondents said they won't hire a candidate whose reference check was not up to the expectation.

For the 31.5 per cent respondents who would still go ahead and offer the job to the candidate, it could be at a lower compensation, or at a lower title than previously discussed, or may offer lesser scope of work than previously discussed and it could also mean a decline in fix compensation and an increase in the variable component, it added.

"These insights give hiring managers the best opportunity to gauge what that person will be like in a work environment. Inspite of technology taking over hiring processes, hiring managers still rely on this traditional method while making hiring decisions for their businesses," the survey said.

(This story has not been edited by Devdiscourse staff and is auto-generated from a syndicated feed.)


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