MELBOURNE, AUSTRALIA - Media
OutReach - 12 February 2019 - Australian businesses can now use
artificial intelligence (AI) to accelerate and help reduce bias in recruitment
processes, thanks to a partnership between leading Talent Management
Software-as-a-Service provider PageUp and machine learning startup PredictiveHire.
As part of the partnership, joint clients can
use PredictiveHire's AI technology to conduct the first level of screening for
job applications. The addition of PredictiveHire's AI technology to PageUp's
recruitment solution will allow for faster, more objective hiring decisions
based on data and trends drawn from historically high-performers.
PredictiveHire leverages an organisation's
performance data and staff surveys to determine, with 88% accuracy, the traits
which are inherent in its high performers. This data is turned into a candidate
survey that allows recruitment managers to screen for desired traits early on
in the hiring journey. Since launching in 2013 the platform has helped hire
over 8,000 people across its customer base in the UK and Australia.
The business case for diversity is strong:
gender diverse companies are up to 21% more likely to experience above-average
profitability than those who aren't, while culturally diverse companies are up
to 33% more likely to outperform their less diverse counterparts, according to
research by McKinsey & Company. As leaders
in recruitment, PageUp's partnership with innovative technology providers like
PredictiveHire empowers joint customers to embrace the next generation of
recruiting to drive results in their organisations.
"PredictiveHire is an Artificial Intelligence
innovator and we are thrilled to be partnering with them. We'll be using their
sophisticated and emerging technology to increase the speed and accuracy with
which companies can recruit top candidates," said Karen Cariss, CEO and Founder
of PageUp.
"PredictiveHire joins the PageUp marketplace
of over 100 leading HR tech providers from video interviewing, to background
checking, time and attendance and more. We're thrilled to make another
innovative software available to our customers, and proud to support an
Australian (and Victorian) grown startup."
"Unconscious bias has long been part of the
hiring process, and now we have the means to eliminate it," CEO of
PredictiveHire Barb Hyman said.
"People are an organisation's most valuable
asset. The best way to achieve business transformation is to change your hiring
practices. This tool will empower hiring managers across the country to clearly
pinpoint those soft skills that can determine success in any role."
PageUp will be hosting a webinar with Buddhi
Jayatilleke, Chief Data Scientist at PredictiveHire that focuses on demystifying bias in AI for recruiting
on 13 February AEST.
About
PageUp:
PageUp is passionate about connecting people
to great careers. The powerful platform optimises each step of the talent
management lifecycle -- so everyone can reach their full potential. PageUp Talent Management software enhances
HR processes with technology that HR professionals, people leaders and
employees love to use. From recruitment and onboarding, through learning, into performance, and right up to
best-practice succession planning, all backed up
by platform-wide analytics.
Customers love PageUp for its deep
functionality and ability to be customised for a range of workflows and
industries, all accompanied by outstanding customer service. Used in over 190
countries, PageUp is a truly global solution. PageUp has offices in Hong Kong,
Manila, Melbourne, New York, Singapore and Sydney.
About
PredictiveHire:
PredictiveHire is a team of data scientists,
artificial intelligence experts, IO psychologists and recruitment industry
veterans who've joined together on a mission to change the way candidate
assessment is done, by leveraging the power of smart technology.
PredictiveHire believes all people decisions
should be based on data and analytics -- not gut feeling. By using technology to
level the candidate playing field, PredictiveHire looks to reduce unconscious
biases in the hiring process.
PredictiveHire has offices in the US, UK and
Australia.
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