The global artificial intelligence industry would reach a revenue of around 1,811,747.3 million dollars by 2030. The release of Google Bard, ChatGPT, and other tools has raised the debate on the potential of AI technology. Most organizations believe that they would run into a roadblock without a good AI talent strategy. They have even implemented global hiring practices to find offshore and nearshore AI talents.
But, what are the best ways to create and retain a first-rate AI workforce? Let us discuss the most effective strategies for AI talent acquisition. You will also learn about the challenges in recruiting AI experts for your company.
Image source- Indeed.com
Importance Of AI Talent In Today’s Competitive Landscape
AI professionals collaborate with other departments of your company to provide the best result. Find how they benefit every department with their AI skills.
- Marketing
Advanced AI technology creates marketing content for websites and social media. Professional marketers can use AI content to connect with new audiences and retain existing customers.
For instance, tech companies run AI talent acquisition programs to create Machine Learning systems, which automate the task of writing content briefs.
- Graphic Design
AI has the potential to design attractive visual elements, including customized layouts. So, AI-driven tools are highly advantageous for graphic design departments.
However, if design experts have AI skills, they can accelerate the workflow during graphic creation. They use innovative technology to ensure a better quality of the existing designs. Efficient AI architects work on data algorithms to detect issues in product prototypes.
- Sales
AI experts have skills in dealing with sales automation tools. They implement advanced technologies to automate your company’s sales process. AI algorithms detect and analyze customer data to find quality leads.
As AI engineers have solid knowledge about these algorithms, they will maintain the functioning of your automation tools, whether outbound sales software, marketing automation platform, pipeline management, or anything in between. They can also use virtual assistants to gather information.
- Customer Service
The latest generative AI tools facilitate customer service by generating text messages to respond to common queries.
So, most companies try to apply the best strategies for attracting AI professionals. They look for AI chatbot developers who create tools to solve customers’ problems. This trend reduces the need to hire more customer service providers.
Challenges in Attracting AI Professionals
Many small companies and startups face challenges while hiring AI experts.
- Talent Shortage– The scarcity of efficient professionals is the biggest issue in the AI field. Only a few candidates have the right skills and experience. It is difficult to find experts with deep learning and natural language processing knowledge.
Moreover, as tech giants (like Microsoft and Google) are looking for the same talents, it has increased the competition.
- Faster Technological Advancements– Rapid evolution of AI technologies leads to new frameworks and algorithms. So, AI professionals need to learn continuously to know the latest advancements. With the growing use of high-performance solutions like cloud GPU servers, staying ahead becomes even more crucial.
Most companies find it challenging to find specialists who have advanced expertise in new AI algorithms.
- Higher Salary Expectations– Experienced AI specialists expect competitive salary packages that value their skills and knowledge. However, it is the major barrier for smaller companies that have limited budgets.
On the contrary, reputed companies offer salaries and different perks to attract the best talents. AI talents also want to work for companies that provide long-term incentives.
- Skill Mismatch– Most AI-related jobs need candidates who have diverse skills. For instance, they need to be experts in data processing, ML algorithms, and coding. It is hard to find candidates who have all these skills.
Besides, some companies focus only on the formal education of AI talents. Although academic qualifications are important, professionals should have real-world experience.
- Retention problems– Most companies plan to create a team of AI experts. But, they experience a higher turnover rate, as their employees move to a different organization for better salaries.
Moreover, AI professionals work on high-pressure projects, leading to a burnout problem. So, companies need to focus on employees’ well-being to increase the retention rate.
- No robust hiring frameworks– A standard assessment process is not effective in measuring a candidate’s AI skills. Recruitment managers also do not have expertise in assessing the candidate’s practical experience and knowledge.
So, you need to build a good hiring framework to engage the best professionals in your company.
Strategies to Attract and Hire AI Talent
Image source- link.springer.com
The AI hiring best practices will help you engage tech experts for your company. These strategies will also allow you to overcome the potential challenges in hiring AI talents.
- Leverage AI-Driven Candidate Sourcing Portals
Well-designed AI-powered talent-sourcing platforms have made it easy to recruit AI experts and other candidates. They are equipped with advanced search filters that let you find candidates with particular skills. You can easily check the qualifications of candidates and shortlist the best ones.
For instance, CloudTask is a versatile platform that enables you to select candidates according to their talents. Several candidates have showcased their academic and professional qualifications. You need to check their profiles and click a button to call for interviews using a business phone number for max professionalism.
So, AI platforms ensure-
- Faster selection of qualified AI candidates
- Better match accuracy
- Reduced time-to-hire
- Create Multi-Channel Talent-Hunting Strategies
You can use multiple channels to make your AI recruitment strategies successful. For instance, you need to create a strong presence on professional networking platforms, such as LinkedIn. Some recruiters also use forums and social media sites to connect with potential candidates. Techniques like LinkedIn and Indeed scraping help recruiters extract job data and gain insights into current hiring trends in the AI space.
These platforms also keep them updated about the latest AI job market trends. Referral programs organized by different companies also facilitate the process of finding suitable candidates to create AI teams.
- Craft an Appropriate Job Description
Your job description should include details of your AI projects. This approach will naturally attract the best AI talents in the job market. Let candidates know if your company is currently working on any AI project. Emphasize the career paths and growth opportunities in your companies.
Ambitious AI professionals always want to improve their careers and gain more knowledge. So, a company that offers career development programs will draw their attention.
- Screen for AI Skills
A Microsoft survey showed that over 70% of companies prioritize AI skills rather than focusing on industry experience. So, most organizations look for candidates who have stronger AI skills.
Traditional job descriptions give importance to industry knowledge and experience. However, today, it is essential to choose candidates who have
- Fundamental AI knowledge
- Skills for writing AI prompts
- Experience with AI tools
- Critical thinking and problem-solving abilities
- High adaptability
- Curiosity to experiment
- Partner With the Best Tech Training Institutes
Your partnership with top-rated tech schools will help you find a pool of AI and ML talents. So, build a long-term relationship with colleges and universities that provide tech training. You may also participate in local career fairs to connect with students.
You will understand students’ interests in internship programs for AI-related jobs. Moreover, some recruiters host coding competitions to source the best tech talents. These few steps are highly important for reaching the right candidates for AI-related jobs.
Conclusion
AI experts play a significant role in bringing progress to your business. You need to choose a multi-faceted approach to searching for AI talents. Innovative platforms, such as CloudTask have made it easy to find the right talents for your AI jobs. So, implement the best tech-talent sourcing techniques to hire AI experts. Adapting a growth mindset is also essential to build a strong AI team. Moreover, you need to provide upskilling opportunities to retain your AI workforce. Your AI talent acquisition and retention strategies will bring success to your company.
Author’s Bio: Ankita Malhotra is an outreach specialist at SaaSifypro.com. With more than four years of experience along with communication skills, she develops and implements effective outreach strategies that deliver goal-oriented results.
