David Berwick Questions Recruitment Value as Software Speeds Candidate Screening
Artificial intelligence is speeding up parts of hiring — and that could force recruitment agencies to rethink how they charge, CNBC reported. Agencies often charge employers a percentage of a successful candidate’s first-year salary.
Bullhorn Survey Reveals One Third of Recruiters See Screening Acceleration
Major recruitment firms are already putting that automation into practice.
Although the agents support the recruitment process, they don’t make hiring decisions, Turner-Harding said. That responsibility remains with a human recruiter, and candidates can always ask to speak to a person. People don’t go into recruitment because they love admin, she told CNBC. They go into it because they like working with people, solving problems and building relationships. So, what we’ll see is recruiters spending less time on process and more time actually recruiting, she stated.
Matt Collingwood and James Wright Forecast Deep Workforce Cuts at Executive Search Firms
Others expect deep job cuts. These businesses could face significant pressure to shrink their workforces, he said. They have this huge hierarchy of analysts, researchers, consultants, and managing partners, he told CNBC. At least 60, 70% of them are going to be out of a job, I think.
Paddy Lambros and Chris Stirling Debate Efficiency and Human Judgment in Hiring
Paddy Lambros, founder and CEO of London-based AI recruitment platform Dex, told CNBC that the industry is long overdue for an overhaul. It’s very expensive, it’s very slow.
Others argue AI will make human judgment more valuable, not less. AI is making the easy part of recruiting faster, he concluded, which is exactly why the fee now has to be earned on the hard part.
