Artificial intelligence (AI) could be used by human resources (HR) to reduce unconscious bias and improve the recruitment process. PredictiveHire’s AI technology, for example, can conduct the first level of screening for job applications, allowing for faster, more objective hiring decisions based on data and trends drawn from historically high-performers. Australia-based PageUp, one partner with PredictiveHire, says AI will be used to leverage a company’s performance data and staff surveys to determine, with 88 percent accuracy, the traits that are inherent in its high performers. This data is then transformed into a candidate survey that recruitment managers can use to screen candidates. PageUp’s partnership with PredictiveHire empowers companies to remove bias and enable diversity during recruitment. McKinsey & Company reports that gender-diverse companies are up to 21 percent more likely to experience above-average profitability than those who aren’t, while culturally diverse companies are up to 33 percent more likely to outperform their less diverse counterparts. Barb Hyman, CEO of PredictiveHire, says, “People are an organization’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.”
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