ARTIFICIAL INTELLIGENCE IN HR

This Presentation describes how the AI helps in Human Resource

1. ARTIFICIAL INTELLIGENCE IN HR SUBMITTED TO SUBMITTED BY Dr. Gunjan Rachi Pandya MBA-PA II PRESTIGE INSTITUTE OF MANAGEMENT AND RESEARCH , INDORE(M.P.)

2. WHAT is Artificial Intelligence “The science and engineering of making intelligent machines, especially intelligent computer programs". John McCarthy(FATHER OF AI) Algorithms that train themselves to simulate human behavior and to re-imagine workers experience . Goals of AI To Create Expert Systems − The systems which exhibit intelligent behaviour, learn, demonstrate, explain, and advice its users . To Implement Human Intelligence in Machines − Creating systems that understand, think, learn, and behave like humans.

3. WHY Artificial Intelligence AI can help eliminate repetitive tasks, accelerate the search for talent, reduce employee attrition and improve employee engagement.

4. HOW Artificial Intelligence helps Talent Acquisition Talent acquisition software can scan, read, and evaluate applicants to quickly eliminate 75% of them from the recruiting process. Allows the recruiter to spend more time analyzing and evaluating only a smaller group of eligible candidates Increases the quality of hiring decisions Saves money because there’s no extra cost of poor hiring decisions

5. HOW Artificial Intelligence helps Onboarding New employees demand a lot of attention and it is often impossible to dedicate enough time to each one of them. AI determines customized onboarding procedures for every single position. Resulted in higher retention rate for new employees who went through well-planned onboarding programs had much higher retention rates than their peers who didn’t have the same opportunity .

6. HOW Artificial Intelligence helps Training AI can successfully plan, organize, and coordinate training programs for all staff members . Helps determine the best timeframe for new courses and schedules lessons so as to fit the preferences of all employees individually . Employee centric focus

7. HOW Artificial Intelligence helps Employee Performance Evaluation Using AI tools, HR managers are enabled to set concrete objectives and let all teams work in smaller increments. . W ork is easier to follow and assess and it generates better overall results Improves productivity and also detects team members who show lack of engagement continuously

8. HOW Artificial Intelligence helps Retention AI has the ability to analyze and predict the needs of staff members . W ork is easier to follow and assess and it generates better overall results Better understanding who should get a raise or who might be dissatisfied with the life-work balance Helps managers to be proactive and solve the problem even before it occurs

9. CONCLUSION AI is everywhere these days – from simple calculators to flight controls and space operations. It also enables HR executives to improve results and monitor employees more efficiently . The  global artificial intelligence market  size is expected to reach $ 169.4118 billion in 2025, from $4,065.0 million in 2016 growing at a CAGR of 55.6% from 2018 to 2025. Artificial intelligence has been one of the fastest-growing technologies in recent years.

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