PREDICTING TALENT SUCCESS, BIAS-FREE · 2018-02-13 · Video interview with AI Assessment centre...

PREDICTING TALENT SUCCESS, BIAS-FREE

Pymetrics © 2017 | Confidential

BIG THEMES IN HR IN 2018

Diversity and inclusion

Employer brand

Budget constraints

Skills gap

Pymetrics © 2018 | Confidential

Pymetrics © 2018 | Confidential

ISE REPORTS PAIN POINTS ARE GENDER AND SOCIAL ECONOMIC DIVERSITY

54% of students are female – only 43% of the grads hired are female

49.5% of students are 1st generation grads – only 31.6% of the grads hired are 1st generation grads

REMOVING BIAS IN SELECTIONHow pymetrics is Bias-Free

Objective Games Bias-Free Algorithms Blind Audition

our neuroscience exercises are globally validated to be free of biases against age, gender, ethnicity, and other demographic groups

we proactively check for and remove bias during the algorithm building process to ensure no adverse impact exists, no matter how subtle

collect truly objective data from neuroscience games –demographic information is undisclosed to eliminate even unconscious biases

DOES IT WORK?

Financial institution went from 80:20 gender split for a finance analyst role to 50:50 for 2 years running

Unilever had a 300% increase in social economic diversity

Pymetrics © 2018 | Confidential

Pymetrics © 2018 | Confidential

BUDGET CONSTRAINTS = EFFICIENCY

93% doing CV screen 54% doing phone screen

82% are using psychometrics…

AND the whole thing is taking 9.5 weeks!!

…but only 58% are checking whether it works!!!

Candidate applies on ATS and does

knockout questions

Video interview with AI Assessment centre (1st

time candidates interact with a human)

Offers made

Unilever process – leveraging AI for efficiency

Plays the 12 pymetrics games

Time to hire from 4 months to 2 weeksHire yield from assessment centre from 1:3 to 2:3

Saved $1m

Pymetrics © 2018 | Confidential

EMPLOYER BRAND -CANDIDATE EXPERIENCE

Process is long and boring

Time to offer is too long

Not enough feedback along the way

Pymetrics © 2018 | Confidential

LET'S PLAY

10

© and confidential

Robust

Thorough:

Great experience:

the assessment

HOW TO CLOSE THE SKILLS GAP?

Imagine if you could digitally map your entire workforce and all the roles in your organization…

Pymetrics © 2018 | Confidential

RIGHT PERSON IN THE RIGHT SEAT

Current EmployeeBranch Manager

Play pymetrics

games

Receive

Detailed

Trait Report

78%match

94%match

83%match

36%match

62%match

59%match

Uncover Internal

Opportunities You Match

Current EmployeeRole Shift Field

Supervisor

•Maximize employee

engagement

•Increase retention

•Improve talent development

•Close skills gap

Find out who has the potential to succeed in new roles

Pymetrics © 2018 | Confidential

NYC

LONDON

SINGAPOREINVESTORS ($17m raised) SELECTED CLIENTS

pymetrics is growing 300% year on year

PRESS COVERAGE

“startup that will boom in 2018”

“resumes are out, algorithms are in”

Thank you.

alex cresswellmanaging director – emeaalex@pymetrics.com