Over 68% of India Inc believes in the potential of Artificial Intelligence in overall job accuracy, says a report by Genius Consultants Ltd

As per a recent Digipoll survey on “Significance of Artificial Intelligence in HR Domain” conducted by Genius Consultants Ltd., an overwhelming 68% of India Inc believes the potential of Artificial Intelligence (AI) in overall job accuracy.

The nationwide survey, which covered over 825 participants, reports that 72% of respondents agree that using Artificial Intelligence in the HR process boosts HR Productivity and saves time as they believe that AI can automate many HR-related procedures and boost the effectiveness of the HR system through chatbots.

Over 44% of participants indicated that Artificial Intelligence -based chatbots are currently the preferred tool for initial interactions during the hiring process, which later also helps new hires settle into their responsibilities and understand the company’s many aspects, while 48% are skeptical about using chatbots as most people are yet to adapt with the developing technology.

In similar terms, the study revealed that 68% of participants did not think AI technology would be preferable for orientation and the HR process, as the implementation incurs huge costs and raises a concern about privacy.

In contradiction, over 63% of participants considered that AI technology was a big helping hand for employee onboarding and training as the technology could yield more impactful results at work.56% of participants voted that Artificial Intelligence would take over humans in the coming years. Most organizations are already implementing AI and other technological advancements in many areas, starting from identifying candidates with the right skillsets to payroll to manufacturing to customer management.

According to 75% of respondents, new hires should undergo automated and artificial intelligence (AI) training as it helps them to better understand corporate knowledge & rules and demonstrates that if the AI training process is well-organized and educational, the rate of attrition will decline too.
Commenting on the survey, “With the current scenario, Artificial Intelligence is the way forward for all the industries, including the HR sector. While it is considered to be a cost-center for the companies, it should be viewed as an investment for grooming resources.”

R P Yadav, CMD, Genius Consultants Ltd

He further added, “We conducted this survey with an objective to understand how AI is being adopted at workplaces. The result gave us a deep insight into the future implementation of AI technology & how India Inc is ready for the transition era. We firmly believe such surveys should be conducted from time to time to gather important industry views on pertinent issues.”

Artificial Intelligence is a force to reckon with within the corporate world & has already automated most of the processes in business activities. With the advent & eventual application of AI, the role of human resources is set to become more effective and crucial in the workplace of the future.

About Genius Consultants Limited:
Genius Consultants Limited is an established key player in the HR Solutions industry in India, having commenced its operations in 1993 as a provider of Permanent Staffing Solutions.
The organization provides various services to the corporate world starting from A to Z like Permanent and Flexi Staffing Solutions, Payroll Processing and Management, Training and Development Services, IT Recruitment and Staffing, Statutory Compliance Management, Background Checks, and Verification Services, Cloud HR Management Services, Integrated Facility Management and Security Services.
Over the last few years, with the skill and expertise of more than 530 employees, Genius Consultants Limited has recruited 400,000+ esteemed professionals across different verticals, and over 60,000 outsourced associates were placed through Flexi staffing solutions.

Genius Consultants Limited believes in giving back to society by implementing promising CSR initiatives under the banner of “Genius Foundation,” playing major roles in projects like the Muktodhara initiative, Shiksharpan, and multiple programs supporting youth skill development. The company is also a member of organizations like ISF, TIE, and NASSCOM, participating in various social events across India.With over two decades of acclaimed experience in the HR services industry, our Founder, Mr. Rajendra Prasad Yadav, laid the first brick of Genius’s presence nationwide, now across 15 states attaining more than INR 1250 Cr. turnover in the last financial year. The expansion consists of 14 branch and area offices inclusive of our Registered and Corporate Office at Kolkata, catering to more than 1500 clients covering over 1100 locations across metro cities that include Kolkata, Delhi, Ahmedabad, Mumbai, Chennai, Bengaluru, and Hyderabad, among others.

Genius has been awarded by “The Economic Times Industry Leaders East 2020” for being the ‘ET – Leading Staffing and Recruitment Services’ firm among various other recognitions and is one the leading providers of human resource solutions in India by market share in the fiscal 2022-23, certified by ISO 27001:2013.

This article was shared with Prittle Prattle News as a Press Release.
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