Recruitment has been a constantly evolving space. Till late 1990’s, young graduates would scan the newspaper for any job updates. However, with the advent of the internet, there was a revolution. The next ten years led to the arrival of job platforms and staffing agencies, changing the way people were getting hired. The Internet has helped in solving two major problems - reaching out to the applicants (the major problem would have the hiring for lateral positions - you couldn't even visit campuses!) and assessment of prospective employees. But at the same time, all the solutions that we see are mostly fragmented – some body helps you get applications while some other company helps in assessment and verification. There hasn't been any holistic solution to these problems but the rise in AI would help in resolving it. For example, on Internshala, we help employers find interns by sorting and providing the most relevant applications with the help of a machine learning-enabled dash board.

To find the best talent and the right fit for the organization, recruitment portals are one of the best channels. Recruiters can reach a wider and much diverse pool of candidates in a short span of a time. Earlier, the only method for reaching out to candidates was through newspaper job postings or word-of-mouth or campus recruiting. SMEs talent pool usually included candidates from the local area as they did not spend on hiring employees through the newspaper postings. The newspaper job postings come with a cost but most of the online portals provide freemium service to the companies. The

SMEs and startups can easily cut hiring costs by using an online platform for reaching out to a diverse pool of candidates. Through online recruitments, HRs can get applications in a short span of time. Recruiters have an option of using different job portals for different roles. Receiving higher number of applications is easier and automated now but all other tasks like screening, shortlisting and assessing the candidates requires the involvement of the HRs.

Technology has revolutionized three aspects of recruitment sector - application process, assessment and verification of candidates

Technology is playing a very crucial role in the expansion of recruitment sector. It has revolutionized three aspects of recruitment sector - application process, assessment and verification of candidates. Employers can hire candidates not just through conventional job platforms but also by use of social media to find the right candidate. Within minutes of an employer’s job post, applications start coming in. The employer can easily track the applications, search for candidates on the basis of their requirement, and proceed further. The entire process of hiring has been simplified. The companies have an additional option to assess the candidate on different skills and conduct background verification using the technology. In short, online recruitment has increased the employment rate for graduates. Today, graduates are able to find internships and jobs with just one click. On one hand, the youth have different opportunities to choose from and on the other hand, the employers have a pool of candidates. It is a win-win situation for both job seekers as well as the employers.

The term 'hiring' has evolved and the recruitment platforms are more robust and swift today than ever. Through the conventional method, hiring candidates consume more time and are expensive. The problems which these organizations face are resolved by technology. It is not just about interviewing candidates and getting the position closed but it's more about getting the right match and fit for the company for a long time engagement. Companies need to be more efficient in hiring in terms of skills and interests. The best way to make this happen is through online recruitment as technology can help recruiters save efforts, money and time. With fast-evolving technology, the recruitment platforms are poised to under go massive changes. Artificial Intelligence will change the way people are applying to internships and jobs and the way they get hired. On Internshala, in next couple of years, I see employers finding interns for their team within moments of posting an internship.