Filtering a large number of CVs is a day-by-day task for HR managers. A few years back HR managers used to filter CVs manually. This takes a lot of labor, time, and effort. With the rise of artificial intelligence, this process is automized too. Now HR managers use ATS (Applicant Tracking Software) to filter CVs. But every manager cannot afford ATS due to high pricing.
So, is there a way to perform this task for free?
Yes, there is.
They should try AI summarizers. Sounds weird? In this blog post, we are going to explain why HR managers should use AI summarizing tools.
5 Reasons HR Managers Should Try AI Summarizing Tools
AI summarizers are tools that extract the key points from a long text and represent it in short form so one does not need to read the whole document. Below we are going to describe five reasons HR managers should try using AI summarizing tools.
1. Streamline the Process
As per the United Nations, the world population has reached around 8 billion people. Along with the population unemployment rate has also increased. So, whenever a new vacancy is announced, a large number of CVs land in the emails of HR managers or job portals.
It is very difficult to assess such a large number of CVs in a short period and with manual assessment there are chances of overlooking the potential candidate. That is where AI summarizing tools can help with. They can help streamline the work by assisting you in filtering the CVs in a better way.
HR managers can simply extract key points from a CV using a summarizing tool, so they will have a better idea about which one to keep and which one to discard. This will help in:
- Boosting the hiring process
- Eliminating irrelevant candidates
- Minimizing human error
- Removing biases
2. Increase Productivity
AI summarizers increase the productivity of HR managers during the CV filtration process, enabling them to make quick decisions. For example, if HR managers have to fill a developer position requiring expertise in a specific programming language, how can they shortlist the candidates?
There are two ways.
One is to manually read CVs. This will decrease the productivity. Second is to generate summaries through an AI summarizer. This will enable them to understand candidate skills without reading CVs thoroughly.
Now take the above CV as an example. You will have to manually go through the CV, or you can simply copy whole text in CV and pass it thorough AI summarizer. As I did:
You can see how quickly online summarizer gave a quick summary of the CV which is easier for an HR to skim rather than going thorough 2 or 3 pages to find relevant details.
Moreover, summarizing tools can help them categorize candidates without wandering through multiple-page CVs. For example, if HR managers have to fill multiple positions summaries can help them in sorting candidates for separate roles such as general roles, operational roles, or technical roles.
3. Reduce Expense
AI summarizing tools are free to use and reduce expenses by automating the CV filtration process for HR managers. Without tools, managers have to hire teams for large-scale hiring. This will definitely impact the budget.
Or else they will use ATS for filtering the appropriate candidates. ATS is paid and has much higher prices while online AI summarizing tools are free to use.
For example, if HR managers must hire a big team for a new business on an urgent basis and has a limited budget. They announced the vacancies across different platforms and received 1000+ CVs in response.
As they are on a budget and can’t afford an assistant, what can they do?
They should consider using an online summarizing tool for filtering the CVs. This will not only save expense and manual effort but also save them from calling the wrong candidate.
4. Save Time
During the recruitment season time efficiency is of utmost importance for HR managers. Filtration of CVs takes almost equal time to the interview process.
But how can summarizing tools help in this aspect?
Summarizing tools can condense lengthy CVs into short summaries helping HR managers to skip reading all the pages, saving time.
For example, if HR managers have to fill multiple vacant posts within a short deadline. Traditionally they will go through each CV thoroughly, which will take almost 7 to 8 minutes per CV.
If there are 1000 CVs to filter it can almost take 160 hours to complete the process By employing summarizing tools they can reduce this time to almost half. Moreover, having concise summaries also enhances the CV evaluation process.
5. Improve Accuracy
AI summarization tools enhance the accuracy of CVs filtration process. Each candidate’s CV is in a different format. A challenge that HR managers often face is to make sure that no necessary information is overlooked.
Summarizing tools are well known for their accuracy in highlighting key points. This will minimize the risk of missing important information about candidates like education, experience, and certifications.
Bottom Line
AI summarizing tools can be beneficial for HR managers during the CV filtration process in many ways. They not only streamline the operations, save time, labor, and expense but also save them from overlooking the important information. We hope that reading this blog post has helped you understand why HR managers should try AI summarizing tools while filtering CVs.
