Inside the Briefcase
Lensa Changing Job Searching with AI
February 13, 2023 No Commentsby Gergo Vari
Artificial intelligence (AI) is the latest trend in all aspects of the workforce. AI is constantly evolving and being introduced in new, innovative ways for the purpose of making peoples’ lives more efficient. Job searching is no different. When it comes to job searching, most of it today is being done online through job sites all across the internet.
Instead of going through endless pages of prospective results, AI helps candidates find the most relevant jobs, and recruiters find the best candidates for open positions resulting in a better fit for any position. Thanks to AI, job seekers can get optimized results from job descriptions that match their skills, location, or any specific need in mere seconds.
How AI Works
AI uses multiple technologies that enable machines to sense, comprehend, plan, act, and learn with human-like levels of intelligence. Fundamentally, AI systems perceive environments, recognize objects, contribute to decision-making, solve complex problems, learn from past experiences, and imitate patterns. These abilities are combined to accomplish tasks in varying ranges of difficulty (such as finishing the end of your sentence when you type or driving a plane).
The AI landscape spreads across vast areas of technologies such as machine learning, natural language processing, computer vision, and others. These kinds of cutting-edge technologies allow computer systems to understand human language, learn from examples, and make predictions. Although each technology is evolving independently, when applied in combination with other technologies, data, analytics, and automation, it can revolutionize businesses and help them achieve their goals. This is why so many companies today have added AI technology to their business model.
AI in the Workplace
The majority of employers today have implemented applicant tracking systems (ATS) to simplify the talent search and screening process. In fact, about 90% of large organizations use ATS. These systems help to filter, organize, and streamline applications based on job postings. Advanced ATSs employ AI algorithms to issue rankings to potential hires so that it displays the most qualified applicants at the beginning of a list and the less qualified ones last.
In many places today, AI will actually be the recruiter interviewing hundreds of applicants. The technology is advanced enough to ask candidates clever questions that reveal their abilities, their motivation, their qualifications, background in their psychometric traits, and compare and contrast all of their credentials to see who is best fit for the position. The AI recruiter will then give the human recruiters a short list with the best candidates at the top.
In just a few days, AI can save people weeks of work. Remember, the goal of AI is always efficiency, and by using this method, very few hiring managers will have to scan every resume sent to them. They only need to look at applicants placed high on the list. When it comes to job searching, typically, advanced machine learning and neuro-linguistic programming (NLP)-based models power the search features to assist job seekers in finding the most accurate information in their search.
Some online job sites are more innovative when it comes to using AI technology than others, and this is where the job board Lensa really deserves to be mentioned.
Lensa and AI
Lensa is an interactive job search website where you can find the career right for you. Lensa was launched in August 2016 with the idea to use technological advancements, specifically machine learning and AI, to make it easy for professionals to land the job they are ideal for. As Lensa approaches job search from a job seeker perspective, it optimizes job searches that match the individual as well as revolutionizes recruitment.
Lensa’s Aim
Lensa’s aim is to transform the way recruitment works through the implementation of real-time AI and allocate the right career choices based on an applicant’s desires and abilities. This platform has seen rapid growth and is among the best job search sites on the internet. The website has analyzed over 80 million resumes and has over half a million new job seekers that sign up with the platform every month.
Lensa helps job seekers find a job that fits their specific needs and desires thanks to its state-of-the-art technology. Job descriptions can be long and confusing, and it is often hard to understand which positions are relevant and which candidates may have matching skill sets for the requirements listed. In these cases, job seekers may question if they are a good fit for the job and have all the skills necessary that match the job description.
AI-Powered Search
Here comes Lensa’s algorithm to the rescue, as it provides the opportunity to better understand the alignment between the job hunter’s strengths, improving the odds of the candidate being successful in the job. Lensa’s AI-powered search engine searches millions of job offers, analyzing the experience, skills, and credentials required to then match job seekers with job offers they are more likely to be offered and be successful in.
Furthermore, the AI-powered search engine also analyzes millions of resumes and identifies the academic background and career trajectory of each one. Due to this use of technology, Lensa is able to steer job seekers to career paths they may not have otherwise considered. The insights gained by Lensa’s technologically advanced search engine thus not only help job seekers find jobs immediately but also orientate them more thoughtfully toward their long-term goals.
Lensa offers the opportunity to create a detailed profile that details what professions you are interested in, your education level, previous work experience, and the salary range you are looking for. Once you create your profile, Lensa’s AI technology sorts through its database of job openings and finds listings specific to each job seeker.
Lensa can find the right job for you because it knows what you’re looking for and what your qualifications are, helping to optimize job search for anyone’s needs. After you’ve uploaded your resume and completed your profile, it only takes the algorithm seconds to show you a few job openings that match your desires.
Extensive Statistics and Company Information
Thanks to Lensa’s advanced search feature and thorough data collection on its database of companies, you can filter by departments, look for how many years of experience employees in a particular division have, and have access to lots of statistics and reviews on each company. There are also some interesting statistics on employee data, such as age, gender, diversity, years spent at a company, and so on.
Additionally, once you click on a particular profession, the algorithm compiles a very helpful overview of what it takes to play a particular role in a company and also allows you to analyze a business environment. Lastly, due to the technology Lensa uses, you can find more really useful statistics on how many years people usually stay on a specific career trajectory, how long they last in these positions, how frequently they change companies, or how likely they are to change companies but still stay with the same title.
You tend not to see this form of educational information surrounding job seeking, especially on job sites, but it is really useful. This information can give you an idea of how to plan and structure your career trajectory and give you a well-rounded decision about where you want to work and what work environment you prefer.
Basically, Lensa really gives you the opportunity, in a multitude of ways, to get to know a company before you apply. This lifts some of the burden off of recruiters’ shoulders as you can read through all of the information that is given to you and you can make a very well-informed decision about whether to apply for a position at the company or not.
Conclusion
Whether you’re looking for a new job, or you’re being sought out by a recruiter to fill an open position, odds are AI is highly influencing the decision-making process. AI helps determine what job opportunities you see on job platforms, and it helps recruiting teams streamline business operations, from posting positions, evaluating candidates, matching skills to jobs, and even interviewing, and it does it lightning fast.
What used to take days or weeks for human recruiters can now be performed by AI in a matter of seconds. While most online job boards today use AI technology, Lensa was created specifically with AI in mind. Technological innovation in the job search process is a top priority for Lensa, and this unique platform is constantly being updated to make job searching as efficient, streamlined, and easy for all parties as possible.
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