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Don't Let Top Talent Slip Away: How to Seal the Deal with AI Talent Acquisition

Team Draup
3
min read
January 30, 2023

A prolonged hiring process can be a deal breaker for top talent.

Candidates won’t wait months for an offer, especially with other opportunities available.

23% lose interest without a response within a week of the interview rising to 46% after two weeks.

During that time, 39% find other jobs, while 18% stay but question the company’s decision-making.

Employers must rethink recruitment boost transparency, automate repetitive tasks, and track candidate engagement.

Don’t let delays drive talent away. Streamline your process with AI talent acquisition to attract and retain top candidates.

5 Steps to Streamlining Your AI Talent Acquisition

1. Track and Monitor Candidate Engagement

More than 80% of applicants say a negative experience can influence their decision, even at the last minute.

With AI talent acquisition, you can monitor response times, career site visits, and candidate interactions to quickly address issues that may be causing candidates to lose interest.

Various tools and technologies, such as ATS and analytics software, can help you track and monitor candidate engagement.  

Identifying these issues early can help you improve the candidate experience.

AI talent acquisition tools can also help tailor your hiring process and communications to candidates’ needs and preferences.

2. Communicate Regularly and Transparently

Regular, transparent communication builds trust and positive relationships with candidates. In AI talent acquisition, this is especially critical 84% of candidates want updates at least once a week. Clear communication reduces frustration and uncertainty, keeping candidates engaged.

If delays or changes occur, explain them promptly to maintain interest and trust.

3. Automate Repetitive Tasks

57% of job seekers say the long wait after an interview is the most frustrating part of the job search a challenge AI talent acquisition can help address.

Automating repetitive tasks can help you move candidates through the process more quickly. There are several tools to automate repetitive tasks in the AI talent acquisition process, such as:

  • Applicant Tracking Systems (ATS) to manage resumes, applications, and candidate information in one place.
  • Automated Resume screening tools to quickly identify qualified candidates based on specific criteria.
  • Scheduling Tools to automatically schedule interviews and send reminders to candidates and interviewers.
  • Automated reference and background check systems to streamline the vetting process.
  • Chatbots to answer common questions from candidates and provide information about the company and open positions.

AI talent acquisition automates routine tasks, allowing you to focus on strategic recruitment activities like building candidate relationships and evaluating skills.

4. Act on Candidate Feedback

91% of candidates say they would appreciate feedback from the employer, regardless of whether they got the job.

In AI talent acquisition, actively seeking, responding to, and acting on candidate feedback can improve the candidate experience, increase the quality of hires, and build a strong employer reputation.

Here are some points to keep in mind when responding to candidate feedback:

  • Gather feedback early and proactively from multiple stages of the recruitment process.
  • Respond and act on feedback promptly.
  • Use feedback to improve the recruitment process.
  • Communicate changes made to candidates.
  • Track progress to ensure the desired impact and identify persistent issues.

5. Predict the Best Fit Candidate

Identify the best-fit candidates by analyzing data from resumes, interviews, and other sources to make more informed hiring decisions and reduce the risk of losing valuable candidates.

AI talent acquisition tools like Draup allow you to shortlist desirable profiles and learn more about candidates’ skills, education, and background helping you quickly find and add the right talent to your projects.

Draup for Talent delivers targeted insights into the talent ecosystem to help you identify the ideal candidate for your business requirement.

It gives a 360-degree view of the global talent ecosystem, talent trends, and specific insights, thereby enhancing the candidate experience and streamlining the recruitment process.

Book a demo now!

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