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1、center of excellenceby How AI Technology Transforms Recruiting&Hiring A POWER-USER GUIDE2INTRODUCTION.3THE CHALLENGES TO SOURCING DIVERSE,QUALIFIED CANDIDATES.4HOW AI IMPROVES CANDIDATE SOURCING.9HOW AI BOOSTS CANDIDATE ENGAGEMENT.15HOW AI IMPROVES RETENTION OF DIVERSE EMPLOYEES.18PAYCOR SMART SOURC

2、ING.22ABOUT PAYCOR .23Whats Inside:23THE GOOD NEWS:Talent acquisition leaders are thinking about AI as a viable technology to improve talent sourcing and recruiting.THE BAD NEWS:Most companies lack the data,tools,and knowledge to achieve their goals in a market where AI has become a buzzword,loosely

3、 used by many vendors.However,with the right technologies and training,companies can achieve their hiring goals faster and more efficiently.One of the most exciting features of AI is its ability to tap into a giant pool of passive candidates.Passive job seekers are individuals who are currently empl

4、oyed and not actively looking for a new job,but who may be open to a career opportunity if one came along.70%of the global workforce are“passive”candidates(LinkedIn).Ignoring the potential of this talent pool is a big mistake.“Passive”candidates are 120%more likely to make a strong impact on the com

5、pany that hired them(JobVite).Lets start by outlining the challenges that talent acquisition teams face when they try to hire“passive”job seekers.IntroductionINTRODUCTION4CHALLENGES TO SOURCINGThe Challenges to Sourcing Diverse,Qualified Candidates Limited DataMost companies use tools such as Linked

6、In to source passive talent.However,LinkedIn is only one source for talent data.If youre an engineer,most of your data is likely to be on sites such as GitHub and Stack Overflow.Moreover,with LinkedIn,you are limited to viewing talent within three degrees of separation from you.With a smaller pool o