It’s not every day or every job where you get to say you are changing the way the world works.
For 2+ years, the small team of incredibly dedicated data scientists led by the incredibly humble Buddhi Jayatilleke have tested and re-tested and experimented and re-experimented to find a new formula for assessing talent – one that is 100% inclusive and bias-free, but also human, using the combination of AI, machine learning and advances in NLP.
Apart from reading daily the thousands of comments of gratitude we receive from candidates for this new formula, which is globally unique! it is wonderful to see that team receive the industry acknowledgement at a global level.
Last week, at a Virtual CogX, the world’s largest Festival of AI and Emerging Technology, with top CEOs, Scientists, Technologists, Data Scientists in attendance, with over 30,000+ attendees from hundreds of countries, 6500 world leaders and 650 presenters across 17 forums, this team were awarded Top 3 For Best AI in HR technology.
For a team that has been tackling this problem for such a small amount of time, with limited resources but endless tenacity and commitment, we couldn’t be prouder to get to work with them every day.
The PredictiveHire Data Science Team:
Are you interested in using an award-winning solution in your business to recruit faster, better, fairer? Let’s chat
PredictiveHire is also a finalist in the Talent Tech Stars awards for best Candidate Experience Solution of the year
In an earlier blog, we talked about HR’s role in managing business risk. Today we turn our focus on one risk area that occupies CHRO’s, CEOs and Boards- the risk presented by bias and how to maximise fairness by removing bias.
Despite all the attention generated by International Women’s Day year a few months back and year on year, and myriad other initiatives, Boards, CEO’s and CHRO’s know that bias goes beyond gender and fixing it requires more than a training session or two.
Most of us would not even know when are being biased…
‘I just had a feeling he wasn’t going to be any good’
‘he just wasn’t a good culture fit’
‘she just doesn’t have the requisite experience’
‘we had such an awesome interview, we could have chatted forever we had so much in common ‘
It starts with having the data. The data revolution has been happening for decades in every other function but where is the data around recruitment?
More on bias measurement later…
Daniel Kahneman, Psychologist & Nobel Laureate, has this to say about managing bias in human decision-making.
“When making decisions, think of options as if they were candidates. Break them up into dimensions and evaluate each dimension separately. Then – delay forming an intuition too quickly. Instead, focus on the separate points, and when you have the full profile, then you can develop your intuition.”
Regarded as the father of behavioural economics, after 5 decades of research he has concluded that the research is unequivocal: When it comes to decision-making, algorithms are superior to people
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With graduate hiring, trust in your process is even more important. You never know when a poor candidate experience might end up on Glassdoor or Whirlpool or other such sites. Given there is a lot out of our control now, what you can control is how you and your organisation choose to engage with your graduates.
Be 10x more humanistic in your communications than ever before, to soften the stress everyone feels right now. Use technology that humanises the application experience. Use your photo in emails, dial down the formal side of your comms, show care and empathy right up the top. These are unprecedented times that call for a whole new way of connecting.
It is now table stakes that every graduate experience is one that rewards both sides – offering personalised learning for the grad and some good quality data intelligence for you the recruiter. Intelligence that looks like this https://bit.ly/2R6LuIc
This means being mobile-first and using engaging and relatable assessments that everyone can do in their own time and untimed to take away the unnecessary pressure. Tools like FirstInterview https://bit.ly/39KoqFP
The right AI tool can ensure every graduate applicant has an equal and fair opportunity to be considered because:
We have all read the research saying Gen Z will have ten jobs in our lifetime. That means the real skills that matter is grit, drive, accountability, curiosity and even humility to know you won’t always know what you are doing and how to do it!
That means uncovering these traits and values has to be a critical ingredient in your assessment tool. Doing that via human interviews is no longer acceptable given the bias we all bring to those conversations. Still, more than that, few businesses will retain a human assessment process when Ai does it better faster and cheaper. 600x faster and at least 3x cheaper. Here are the 2 metrics that should matter the most to any recruiter.
There are AI tools out there to help you with this including the ability to run a virtual group assessment to deliver the same integrity of assessment days with a lot more efficiency > WATCH VIDEO HERE.
It’s about time to look at AI for your graduate recruitment.
Get in touch here with Barb, Nick or Jess
To read the first article click here
Even with all the hiring freezes around, we are seeing many organisations use this time to get ready for the bounce back and the inevitable volumes coming from the changing employment landscape.
Gone are the days of screening CVs, followed by phone screens to find the best talent. A 5 to 10x increase in the number of people applying for jobs makes this no longer an option. And no-one’s time is served well by screening thousands of CVs.
Given that humans don’t scale, automating your screening and assessment criteria is an important job for the right technology.
And importantly – with fairness. Because an interview via chat is blind. So, everyone gets a fair go.
By embracing new technology you can change candidate experience.
And by changing candidate experience, you can change a life.
“Wow, this was not at all what I expected, a great surprise to get a reply such as this, your appraisal was absolutely correct, and the coaching tip will be utilised in many aspects of both work and private life”
You can’t argue with candidate feedback 🙂
Understand how we can help you deliver on these promises and download the 2020 Candidate Experience Playbook here.