Impact of Artificial Intelligence (AI) on Various Aspects of Human Resources Management (HRM) in India

There is a curiosity among every Human Resource (HR) professional about the outcomes of Artificial Intelligence (AI). Nowadays every segment of the industry is slowly getting into the fold of AI applications, primarily the HR domain. This study is to determine the impact of AI on various aspects of Human Resource Management in India. Four HR aspects were identified for this study namely “Strategic Human Resource Management”,”Recruitment and Selection”, “Training and Development” and “Performance Appraisal System”. The information from HR staff was gathered using a structured mailed questionnaire. Regression analysis was performed to identify the impact of AI on HRM aspects. A significant positive impact of AI is found in different aspects of human resource management across India. The regression analysis test revealed that R = .934. and adjusted R2 is .872 which states that Artificial Intelligence and various HRM aspects have a significant relationship. Further, the coefficient table stated p<0.005 however, AI has a significantly positive impact during the process of various HRM aspects such as”Strategic Human Resource Management”, “Recruitment and Selection”,”Training and Development” and “Performance Appraisal System”. It has been discovered that AI has increased productivity of the employees, decreased operating expenses, and decreased the amount of time spent on boring, repetitive jobs. By boosting the employee experience, it has also increased employee retention rates.