siliconindia | | December 20198id you know that 70 percent job-seekers lose interest in a role if they don't hear back from the employer in a week? A recruiting team typically spends 55 percent of their time answering basic questions of the job-seekers and resolving their queries. HR teams usually end up directing all their energy in exhausting hiring processes and heaps of paperwork in the hunt for one potential candidate. It is time when technology adds more value in revolutionizing the recruitment industry further and minimizes recruiter's woes. What the industry needs is to reap the benefits of a chatbot, which acts as a solution to upgrade and solve the existing pain areas in the recruitment sector. A chatbot is an Artificial Intelligence (AI) program that converses with humans in a meaningful and contextual way. From recruitment to onboarding to delivering a fantastic employee experience, chatbots offer numerous benefits to the recruitment industry. Their ability to be available around the clock is one of the unique selling propositions which add multiple business advantages. A chatbot not only revolutionizes the recruitment industry but exceptionally lowers the cost of maintaining a full-time customer support system.Benefits of Chatbots in the HR IndustryReal-time Candidate Screening: Chatbots facilitate automated real-time communication, pre-screening, and scheduling interviews with candidates; making the hiring process faster and more transparent. A chatbot goes over the first round of profile vetting and instantly responds to a job-seeker whether they are rejected or shortlisted. The moment a candidate gets shortlisted, the chatbot schedules them for the next round of interview, meanwhile ensuring transparent and efficient candidate communication. These features give a candidate a quick update on the status of their job application and save lots of time and energy.Responds to Almost 95 Percent of the Queries: Generally, job-seekers face radio silence after a job interview, where recruiters fail to notify them with development on the next round. A chatbot helps to fill this phase of silence. It notifies them about job result and also responds to their queries with an open-ended and natural conversation. On average, 60 percent of job-seekers IN MY OPiNIONDBy Vikram Wadhawan, Founder & CEO, VasitumA serial entrepreneur, Vikram boasts of a career experience of over a decade during which he founded Rely on Solutions and Maven Workforce, prior to incepting Vasitum.CHATBOTS TRANSFORMING THE RECRUITMENT INDUSTRY
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