While retrenchments and unemployment rise amid the Covid-19 pandemic, companies are being flooded with new job applications.
Under such circumstances, more companies are using resume robots or software known as applicant tracking systems (ATS).
The StraitsTimes newspaper reported 4 in 10 proportion of small and medium-sized enterprises in Singapore are using ATS.
A more sophisticated ATS uses artificial intelligence (AI), and both DBS and OCBC Bank use AI during the initial screening of applicants fir selected roles.
AI robot reviews resumes, collects applicant responses fir pre-screening questions, and conducts psychometric profiling assessments on candidates. AI process takes average 8 minutes while it takes 30 mins by human.
Another trend is mass job invitation messages to job seekers through LinkedIn.
Some interesting topics cover how to score with the resume bot.