68 Percent of Companies to Utilise AI for Hiring by 2025: Report

68 Percent of Companies to Utilise AI for Hiring by 2025: Report
Seven in ten companies will use artificial intelligence (AI) in hiring by 2025. Over half (51 percent) of companies are currently leveraging AI technology in their hiring processes, and this number is set to rise. It is projected to reach 68 percent by the end of 2025, particularly among larger companies, according to a recent survey by ResumeBuilder.

  • Make Telecom Talk My Trusted Source
  • Source of Google
  • Source of Google

Also Read: Chipotle Rolls Out AI-Powered Hiring Platform With Paradox to Cut Recruitment Time

Current AI Utilisation in Hiring

The survey highlights that 82 percent of companies use AI to review resumes, while 40 percent employ chatbots to communicate with candidates. Additionally, 23 percent use AI to conduct interviews, 64 percent apply AI to review candidate assessments, 28 percent use it for onboarding new hires, and 42 percent scan social media or personal websites as part of the hiring process. Notably, only 0.2 percent of respondents report no AI usage in their hiring practices.

Future Plans for AI Integration

Looking ahead, according to the report, companies plan to enhance AI’s role in various stages of hiring by 2025. Most companies plan to use AI for reviewing resumes (83 percent) and conducting candidate assessments (69 percent). AI will also play a role in analysing candidates’ digital footprints, with nearly half (47 percent) of companies planning to scan social media profiles or personal websites as part of the evaluation process. Furthermore, 39 percent will implement AI-powered chatbots to communicate with candidates throughout the hiring journey.

“As organisations face an overwhelming influx of resumes, especially with the expansion of remote and hybrid work models, more companies are leveraging AI in the hiring process,” says Resume Builder’s Chief Career Advisor Stacie Haller.

“Given the competition for top talent, companies understand that the longer the hiring process takes, the higher the risk of losing the best candidates. AI helps by automating tasks, allowing organisations to speed up their decision-making and reduce the manual workload of hiring managers.