Finding candidates for vacancies and establishing contact with the right specialists is a complex task for companies, especially when dealing with senior management positions such as vice presidents or C-suite roles, as this process can require significant time and financial investment. However, artificial intelligence (AI) is beginning to transform certain aspects of this process and provide support.
An example of this change is actively being discussed on social media: one founder stated that he managed to save about 10 million rupees on hiring by utilizing AI tools. In a post published on the X platform, Aditya Kulkarni shared the experience of a founder who was involved in searching for personnel for senior positions.
According to Kulkarni's message, the founder used tools such as Claude, Apollo, and Instinct to accomplish this task. The first step involved using Claude to analyze public reports from relevant funds over the past five years to identify potential candidates and their professional background.
Subsequently, Apollo was used to gather the candidates' contact information. Then, the process of further interaction and scheduling meetings was carried out using Instinct. Thus, AI tools were engaged at several stages—from candidate sourcing to meeting coordination. According to the post, the founder met with 11 candidates within one week.
Kulkarni explained that the founder was closing three positions, including vice president and C-suite level roles. The post mentioned that traditional recruitment agencies can charge a commission reaching 30 percent of the salary for such positions. According to the statement, the total salary base for these positions exceeded 10 million rupees, which could have led to very high recruitment costs. The founder claimed that AI helped avoid these expenses.
Nevertheless, it should be noted that the figure of 10 million rupees is merely a claim made on social media. Furthermore, the material lacks convincing information regarding the quality of candidates selected using AI and a comparison with candidates found through traditional recruitment agencies.
This case raises the question of whether AI is capable of reducing companies' personnel costs. AI tools can be useful in the initial stages of candidate search, checking public records, gathering contact information, and scheduling meetings. However, assessing a candidate's actual abilities, experience, leadership qualities, and suitability for the role remains critically important. Simply obtaining contact details or scheduling an interview does not guarantee successful hiring.