Why AI-Powered Candidate Rediscovery is the Next Big Thing
October 31, 2024
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3 min read
LinkedIn just launched their AI recruiting assistant. While this powerful tool revolutionizes how recruiters find candidates on LinkedIn, modern hiring requires a multi-channel approach. That's where AI-powered recruitment gets even more interesting.
Think about it - your next great hire might be someone you've already interviewed.
The Hidden Cost of Starting Fresh
Startups interview about 600 candidates yearly but hire only 40-50 of them. Those other 550+ candidates? Many weren't rejected - they just weren't ready yet. A candidate who was too junior three months ago might be perfect today. Or someone who couldn't relocate then might be able to now.
But most companies forget these candidates and start fresh every time they hire. It's like throwing away warm leads to start cold calling again.
Two Ways AI is Changing Recruiting
Recruiters are using AI in two ways:
- Looking Forward: Tools like LinkedIn's AI assistant help find new candidates
- Looking Back: Smart systems help you rediscover candidates you already know
The second approach is particularly powerful because:
- You've already built trust with these candidates
- They know your company
- They can start interviewing sooner
- They're more likely to accept offers
Real Success: How AI.Fashion Did It
Here's a real example: AI.Fashion, a YC startup, tried this approach. They used AI to look through past candidates and found three senior engineers they'd interviewed before. All three said yes within a week.
Why? Simple - they weren't strangers. The company knew their skills and personalities, and the timing was finally right.
Smarter Than Your Average Search
This isn't just searching old resumes.
- Remembers what impressed you in past interviews
- Spots how careers have grown
- Learns from your hiring patterns
- Matches past candidates to new roles as they gain experience
Why Now is the Perfect Time
Everything is lined up for candidate rediscovery to take off:
- Your candidate database gets bigger every year
- AI is smart enough to make sense of it all
- Companies need to hire faster than ever
- Recruiting budgets are tight
You've spent years building relationships with candidates. That's valuable. Why not use it?
Don't Let Good Candidates Get Away
Your ATS is full of promising candidates who might be perfect for your open roles now. Every day you wait is another day a great hire might slip away.
The technology is here. Your data is ready. It's time to turn your past candidate connections into your next great hires.
Ready to see who's hiding in your ATS? Book a Call and find out how AI can speed up your hiring.