Artificial Intelligence is the hot topic of the moment, having been rapidly expanded in several fields. One of the sectors that has been benefiting from this innovation is the financial market's recruitment and selection departments.
In this environment, technology is used to optimize the search for qualified professionals, performing the initial screening of resumes. Understand this subject better!
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Use of AI in selection processes
Screening resumes with Artificial Intelligence is being seen as necessary due to the fact that a single vacancy can receive thousands of applications, and most of them do not fit the desired profile and do not have the necessary qualifications to exercise the function.
With this in mind, Artificial Intelligence is a great ally to evaluate and select professionals who are best suited to the culture of companies.
As a result, this initial phase, which could take days, is done in a few moments, making the process more agile, preventing the organization from spending more time than necessary.
Another benefit for the hiring company is that it does not run the risk of passing up the right candidate in a hurry to fill the vacancy.
On the other hand, there are some negative issues involved in this type of selection. The main thing is to ensure that the algorithm is impartial and does not make decisions based on characteristics such as religion, ethnicity or gender, after all, this type of discriminationit's illegal.
In addition, many candidates are often uncomfortable with being evaluated by a “robot”. To prevent this type of problem, it is recommended that the vacancy information entered in the AI considers the diversityin the description of the ideal profile for the vacancy.
Furthermore, AI is just an algorithm, and the final decision must always be taken by trained human beings.
Companies that use this technology
Some selection platforms, such as Gupy, have created their own AI, with the aim of ranking candidates based on CV analysis in relation to the job description.
Others, such as Vagas, take into account candidate behavior, demonstrated interests and views.
Agibank, a bank with a digital and physical presence, makes use of this technology to assess the level compatibility of the candidate with the organizational culture, which is done through a test online.
Another example, Itaú Unibanco, one of the largest private banks in Brazil, uses Artificial Intelligence to rank the resumes with the greatest compatibility with the vacancy.
Apparently, this will be an increasingly growing trend in the field of recruitment and selection.