GoRecruit: Artificial Intelligence and the blockchain technology in recruiting
Artificial intelligence is changing the way we live at home and in our work places. In the workplace, artificial intelligence is evolving into an intelligent assistant to help us work smarter.
Artificial intelligence is not the future of the workplace, it is the present and happening at the moment.
A number of organizations are targeting intelligent assistants, also referred to as chatbots, or computer algorithms designed to stimulate a human conversation, to recruit employees, answer HR questions, or personalize learning experiences. A survey of almost 400 chief human resource officers conducted by the IBM Institute for Business Value found that half of the survey sample recognize the power of cognitive computing to transform key dimensions of HR, such as HR operations, Talent Acquisition, and Talent Development.
Just as marketers have discovered the power of chatbots to personalize a shopping experience, HR leaders are starting to pilot chatbots to transform the employee experience.
Talent acquisition and new hire on-boarding are ripe areas where intelligent assistants can tap multiple data sources to develop candidate profiles, schedule interviews, and make decisions about prospective job candidates.
Problems in the Recruitment process
In the recruitment process, there are a number of sticking issues confronting an employer, ranging from assessing a candidate, specifically the method to be adopted in evaluating someone who is not known. The situation is made very complex by small and medium-sized businesses that do not, in many instances have a clear understanding of what should constitute requirements for candidates. Large organizations have their peculiar challenges in the area of very costly HR services amidst the deterioration in the quality of selection because of delegation of authority.
The normal situation has been to tackle personnel problems in organizations in the manual way, by checking a candidate’s CV by an HR employee accompanied by a one on one interview. This method is not the best because it is expensive and time consuming.
The GoRecruit solution
The GoRecruit platform is designed to solve these problems because it is able to assess a candidate’s suitability for a particular position. It achieves this by making use of the candidate’s data from social media and public sources, and comes up with a comprehensive report about the compliance of a candidate.
Additionally, a user is given the chance to compare ratings of candidates in order to select the most qualified person.
The product that is being offered here helps employers to conclude on which candidate to hire in three simple steps: invite, evaluate and make comparison.
A candidate’s data of employment history is safeguarded by a decentralized data register, which safely keeps the data with the use of blockchain technology, thereby guaranteeing reliability.
Unique features of GoRecruit
It improves the efficiency of team work because it hires people who are inclined to specific professions.
It ensures that the rules of employment are the same for the branches of a company.
Costs of HR services are reduced drastically.
The hiring process is hastened because decisions are not delayed after it is agreed that new employees be hired.
A reduction in staff turnover because informed decisions are made.
By creating a universal database, it enhances a company’s manageability.