At present, talent leaders have their minds constantly preoccupied with two things: total cost of operations and talent strategies. Recently, not just startups but even established enterprises are cutting down headcount to reduce costs, even if it doesn’t guarantee long-term advantages like branding or anything. The real question is: Is there a way to optimize hiring costs without compromising talent quality or candidate experience? Listen to Julia Arpag’s words of wisdom on this heated subject.
For early-stage, investor-backed startups, recruitment is directly tied to growth mandates. Understand where your revenue comes from, and hire the people who can move that needle. That’s your recruitment ROI in real terms. When asked about a way to reduce hiring costs without compromising quality or brand name, Julia mentioned the movement towards AI, where redundant human work is effortlessly replaced and human recruiters are freed to grow and become their absolute best while the company also grows alongside.
According to Julia, some of the best use cases of AI in recruiting include sourcing—to create Boolean strings, researching companies, pulling competitor info, etc. It can also help you find top search terms to use for different industries and candidates. There are tools like Fireflies and Granola AI for tasks like note-taking, which can be of immense help to recruiters. However, when it comes to tasks like screening, human intervention is still required, because ultimately AI can only enhance—but not replace—humans entirely.
The more data, the better decisions AI can make, and the less human intervention is required. But high-quality tactical data is not leveraged due to the outdated legacy systems that are still used in many organizations. Besides, companies are hesitant to make the switch because it requires time, effort, and other resources to research, select, and implement it correctly, leading companies to become overly selective in the process.
Implementing AI alongside all other back-end operations can have a massive impact on business growth. Shared services bring speed to operations, which is crucial in the recruitment context. A smooth implementation would also invite fewer issues, which are often the biggest pain point when adopting new products or services.
As a closing remark, Julia talked about the heightened importance of adaptability. The skepticism toward AI could turn into appreciation in the coming years. Hence, staying simple, flexible, adaptable, and open to trying new tools or technologies on the market would be the right thing to do. The best ROI comes when your recruitment process includes a personalized touch.
Julia Arpag, the CEO and Founder of Aligned Recruitment, has been in the recruiting arena since 2013. She has five years of experience in tech recruitment, primarily hiring engineers and go-to-market talent for startups. Aligned Recruitment has closed nearly $1,000,000 in revenue in under two years in business. Prior to founding Aligned Recruitment, Julia recruited internationally for roles in tech, product, sales, marketing, finance, legal, etc. Besides being an entrepreneur, she is a mother to four kids.
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