seedlink tech x recruiters united · *prelimary rr for 2018 after full seedlink ramp up indicate...

18
Seedlink Tech x Recruiters United

Upload: others

Post on 03-Jul-2020

2 views

Category:

Documents


0 download

TRANSCRIPT

Page 1: Seedlink Tech x Recruiters United · *Prelimary RR for 2018 after full Seedlink ramp up indicate compound performance growth, exceeding 42% outperformance. ** Based on a non-discounted,

Seedlink Tech x Recruiters United

Page 2: Seedlink Tech x Recruiters United · *Prelimary RR for 2018 after full Seedlink ramp up indicate compound performance growth, exceeding 42% outperformance. ** Based on a non-discounted,

Problem: Inefficient methods and selection process noise Recruiting decisions for business are critical because of the high costs of bad people decisions

Inefficient selection methodsSelection process

discrepancies

0,18

0,38 0,37

ResumeScreening

Psychometrics Interviews

Ine

ffic

ien

t 0.50

Correlation to job performance1

High costs

Attrition/turnover2

Replacements costs up to 200% of salary

Inefficiency3

Replacements costs up to 200% of salary

Opportunity cost4

82% of hiring decisions miss the mark

20% of job candidates have CV discrepancies

– Kroll Research

Only 10% of candidates are qualified for key areas at MNC

– PWC Research

1. Schmidt & Hunter, 1998; 2. Cascio, 2000 ; 3. Harvard Business Rev iew; 4. Gallup

Page 3: Seedlink Tech x Recruiters United · *Prelimary RR for 2018 after full Seedlink ramp up indicate compound performance growth, exceeding 42% outperformance. ** Based on a non-discounted,

Solution: Predictive Artificial Intelligence interviewPeople Science driven by computational linguistics to move from feelings to data driven insights

1. In development; 2. Results from client case studies

Use of AI and language to predict company & job fit...

Data input Feature

extraction Model building Prediction

Predictive Artificial Intelligence interview

Computational linguistics

Text

Audio

Video1 NaturalLanguageProcessing

MachineLearning

Big Data

Competence

Creativity Leadership

ResultDriven

Personality

Potential

Faster+70% reduce time to offer

1

Better+33% diversity+83% predict best hires+95% improve experience

2

Cheaper+25% reduce turnover3

Page 4: Seedlink Tech x Recruiters United · *Prelimary RR for 2018 after full Seedlink ramp up indicate compound performance growth, exceeding 42% outperformance. ** Based on a non-discounted,
Page 5: Seedlink Tech x Recruiters United · *Prelimary RR for 2018 after full Seedlink ramp up indicate compound performance growth, exceeding 42% outperformance. ** Based on a non-discounted,

Individual candidate reports People analytics

Automated ranking

Skill Insights into Candidates/Employees

Digital Interview

From feelings to data driven insightsPredictive insights in the right hire, development areas and people analytics

Page 6: Seedlink Tech x Recruiters United · *Prelimary RR for 2018 after full Seedlink ramp up indicate compound performance growth, exceeding 42% outperformance. ** Based on a non-discounted,

10BB+

WORDS

6M +

ANSWERS

100K+

PERSONALITY

LABELS

20K+

JOB PERFORMANCE

COMPETENCY LABELS

9

LANGUAGES

100K+

VIDEO’S

Based on proprietary datasets and tech Millions of answers to open ended questions in 9 languages

Page 7: Seedlink Tech x Recruiters United · *Prelimary RR for 2018 after full Seedlink ramp up indicate compound performance growth, exceeding 42% outperformance. ** Based on a non-discounted,

Predictions are built based on layers of dataExisting employees serve as benchmark to train the custom models

Language + Traits

· Video

· Audio· Text

· Behavior

· Personality· Preferences

of

Store Managers

Beauty Advisors

Young Professionals

Marketing

Trained

Model

Validation

Refining Production

Machine

Learning

Predictive Model

Page 8: Seedlink Tech x Recruiters United · *Prelimary RR for 2018 after full Seedlink ramp up indicate compound performance growth, exceeding 42% outperformance. ** Based on a non-discounted,

BEHAVIORAL LANGUAGEINTELLIGENCE

Computational Linguistics Deep Learning Organizational Culture

• Professor of Artificial Sociality at Wageningen University

• Pioneer in the study of organizational culture computational modelling of adaptive systems.

• Leading researcher at the junction of computer science, psychology and culture with over 200 publications, and over 7,000 citations.

• Professor of computational linguistics at University of Antwerp.

• Pioneered the use of machine learning in natural language processing.

• Head of Research at Computational Linguistics & Psycholinguistics Research Center.

• Over 8,000 citations h-index: 44

Gert Jan HofstedeCultural Research Director

Walter DaelemansAI Research Director

Seedlink uses ML to lead in cutting edge researchCombining multiple fields of science

Page 9: Seedlink Tech x Recruiters United · *Prelimary RR for 2018 after full Seedlink ramp up indicate compound performance growth, exceeding 42% outperformance. ** Based on a non-discounted,

Language, audio and video analysisSeedlink makes it possible to extract information from input from candidates

Text Behavior

Video Personality

Audio Preferences

Page 10: Seedlink Tech x Recruiters United · *Prelimary RR for 2018 after full Seedlink ramp up indicate compound performance growth, exceeding 42% outperformance. ** Based on a non-discounted,

1 Since using Seedlink, Global FMCG has removed artificial barriers such as top university and specific degree requirements, allowing greater inclusivity and expanding the talent pool during pre-screening.

3,000 Hours candidate

processing time

10 HoursCandidate

processing time

42,000 Candidates1

15,000 Candidates

Before Seedlink After Seedlink

180%

80%selection efficiency

number of applicants (new groups)

Results are exponentially more efficientClient case study shows 80% selection efficiency

Client Case #1

Page 11: Seedlink Tech x Recruiters United · *Prelimary RR for 2018 after full Seedlink ramp up indicate compound performance growth, exceeding 42% outperformance. ** Based on a non-discounted,

42%*

More Revenue Generated on avg. Per Month PER HIRE

Ramp-Up + ROIJustifies Client Investment

723%**

*Prelimary RR for 2018 after full Seedlink ramp up indicate compound performance growth, exceeding 42% outperformance. ** Based on a non-discounted, full priced AI model.

And increases revenue of individual contributorsClient case study shows 42% higher productivity

Client Case #2

Page 12: Seedlink Tech x Recruiters United · *Prelimary RR for 2018 after full Seedlink ramp up indicate compound performance growth, exceeding 42% outperformance. ** Based on a non-discounted,

Methods:

The gender of each application was determined using a voice-based gender classifier (GMM of MFCCs). After exclusions (no Seedlinkscore, no audio), there were 8147 people in the dataset. 2240 (27.5%) males and 5907 (72.5%) females. Next, the dataset was slicedinto ten percentile segments of Seedlink score, i.e. from 0th to 10th percentile, from 10th to 20th percentile, …, and from 90th to100th percentile, and the gender distribution in each segment was visualized. Seedlink score percentile curves for Males and Femaleswere computed as well. Implementation on Github (leerix/audio/genderclassification/gender_seedlinkscore.ipynb).

Results:

Conclusion:

Seedlink score appears independent of gender.

Audio analysis proof gender neutral resultsClient case study: no bias in the results

Client Case #3

Page 13: Seedlink Tech x Recruiters United · *Prelimary RR for 2018 after full Seedlink ramp up indicate compound performance growth, exceeding 42% outperformance. ** Based on a non-discounted,

Pitch

Conclusion:

Females with high pitched voices have higher probability to get hired. Males with ‘normal’ pitched voices have higher probability to get hired. Also note the different probability to get hired (or go to AC) between males and females, indicated by red lines and blue lines.

Females Males

Audio intonation is layered on top of contentMore context into how people intend their words

Page 14: Seedlink Tech x Recruiters United · *Prelimary RR for 2018 after full Seedlink ramp up indicate compound performance growth, exceeding 42% outperformance. ** Based on a non-discounted,
Page 15: Seedlink Tech x Recruiters United · *Prelimary RR for 2018 after full Seedlink ramp up indicate compound performance growth, exceeding 42% outperformance. ** Based on a non-discounted,

Seedlink helps global leaders across industriesIn 9 languages and in over 30 countries

Page 16: Seedlink Tech x Recruiters United · *Prelimary RR for 2018 after full Seedlink ramp up indicate compound performance growth, exceeding 42% outperformance. ** Based on a non-discounted,

Or write to: [email protected]

Scan the QR Code for Seedlink’s Methodology Whitepaper

Page 17: Seedlink Tech x Recruiters United · *Prelimary RR for 2018 after full Seedlink ramp up indicate compound performance growth, exceeding 42% outperformance. ** Based on a non-discounted,

Rina Joosten RabouPresident

Seedlink [email protected]

Page 18: Seedlink Tech x Recruiters United · *Prelimary RR for 2018 after full Seedlink ramp up indicate compound performance growth, exceeding 42% outperformance. ** Based on a non-discounted,

Thank you