PANews reported on February 25 that Bitget released a research report on the profound impact of artificial intelligence on the recruitment process. By introducing an AI-driven recruitment system, Bitget has achieved automated resume screening, accurate matching of candidates and positions, and improved decision-making efficiency, significantly optimizing the recruitment process.
Before the introduction of the AI system, Bitget relied on manual screening of candidates and external recruitment agencies, with an average recruitment cycle of 48 days, and some technical positions took more than 50 days. Due to the high reliance on third-party recruitment agencies, nearly 40% of the recruitment costs were occupied by these services, and the internal HR team had to process about 500 resumes per month.
After introducing the AI recruitment system, Bitget's recruitment cycle was shortened by 38%, from 48 days to 30 days. AI-driven resume screening efficiency increased by 76%, allowing the HR team to focus on screening high-potential candidates. The automated process not only reduced recruitment costs by 25%, but also increased employee retention by 15%. More accurate job matching effectively reduced the first-year turnover rate, and AI also helped reduce recruitment deviations by 38%.
