Impact of AI on recruitment in the pharmaceutical industry of Bangladesh

Abstract

This report looks at the use of AI in human resource management for employers within the pharmaceutical industry in Bangladesh particularly for SMC Enterprise Ltd, Square Pharmaceuticals Ltd and Beximco Pharmaceuticals Ltd. AI has impacted the process of screening resumes, short listing candidates and evaluation, and it minimizes discrimination based on race, gender and the likes. But still, there is criticism regarding the bias of the algorithms used in the study. Nonetheless, the larger perspective is that AI can increase the fairness, objectivity or transparency of, and efficiency in, the recruitment process. Betterments in selection methods like Natural Language Processing are anticipated to bring in additional progress in the hiring transparency and process. So, it is therefore necessary that ethical models be developed that can reflect the technological dynamics of introducing Artificial Intelligence in decision-making systems.