Eightfold AI is the next step in talent acquisition and management

Hir­ing the right can­di­dates can be dif­fi­cult, but com­pa­nies are increas­ing­ly using tech­nol­o­gy to help in the search for the right per­son to fill a role. Too much tech, how­ev­er, is sim­plis­tic, using basic tools such as key­word fil­ter­ing rather than look­ing holis­ti­cal­ly at the candidate’s skills and explor­ing their poten­tial.

This is where Eight­fold AI comes in. Let’s take an exam­ple. Instead of bulk reject­ing appli­cants for not hav­ing ‘lead­er­ship’ includ­ed in their CV, the AI can dig deep­er to gauge how someone’s career tra­jec­to­ry may embody skills and expe­ri­ences that demon­strate lead­er­ship. The ide­al can­di­date may be the one you nev­er con­sid­ered in the first place.

As a result, employ­ers are less reliant on ques­tions like ‘Where did you go to col­lege?’ and instead can focus on the skills being brought to the table. A can­di­date may very well have gained cer­tain skills at uni­ver­si­ty. Or, they may not have had the mon­ey. They may have built their port­fo­lio through cer­ti­fi­ca­tions, on-the-job learn­ing, the mil­i­tary or oth­er means.

What mat­ters when peo­ple use Eight­fold AI is what they know and what they can do, regard­less of where or how they gained that knowl­edge and skill.

On top of that, the AI takes into account adja­cent skills. Let’s say there is a gen­der imbal­ance in can­di­dates who are pro­fi­cient with a par­tic­u­lar com­put­er lan­guage, such that few­er women list it on their CV. Eight­fold mea­sures their poten­tial to learn that lan­guage, not just whether they know the lan­guage now.

This means a woman who, based on her knowl­edge of one com­put­er lan­guage, has shown the poten­tial to pick up a sec­ond com­put­er lan­guage quick­ly can be con­sid­ered for hire. This opens up access to tech jobs for many women who may oth­er­wise have dealt with sys­temic bar­ri­ers to entry.

It’s impor­tant to point out that per­son­al char­ac­ter­is­tics such as gen­der, age or eth­nic­i­ty are nev­er used in mak­ing a match. The AI is pure­ly focused on skills match­ing through­out the plat­form.

We also offer can­di­date mask­ing to elim­i­nate uncon­scious bias­es that may stem from CV items that could infer gen­der or race. For exam­ple, Jane Doe would become JD and a women’s col­lege edu­ca­tion could be abstract­ed at the screen­ing stage to avoid the infer­ence that the can­di­date is female.

Addi­tion­al­ly, Eight­fold AI cus­tomers use diver­si­ty ana­lyt­ics. These aren’t sim­ply reports say­ing there is a diver­si­ty prob­lem. They show where in the hir­ing process the chal­lenges arise and in what depart­ment or loca­tion or under which man­ag­er.

It could be that peo­ple from cer­tain under­rep­re­sent­ed groups are drop­ping off the career site more often than oth­ers. Or, maybe they are drop­ping off after an ini­tial screen, after an onsite inter­view or after receiv­ing an offer.

If a par­tic­u­lar require­ment is irrel­e­vant to the job post­ing, but fil­ter­ing out one group more than anoth­er, com­pa­nies would be able to see this impact in real time and recal­i­brate the role require­ments to be more inclu­sive. For instance, is requir­ing an MBA degree for an entry-lev­el insur­ance role real­ly nec­es­sary if it’s cut­ting down your female can­di­date pipeline to 30%?

Eight­fold AI tal­ent intel­li­gence plat­form inte­grates insights about employ­ees – their skills, capa­bil­i­ties, expe­ri­ences, career aspi­ra­tions, per­for­mance, demo­graph­ics, learn­ing needs and devel­op­ment oppor­tu­ni­ties – and uses this infor­ma­tion to help peo­ple find the right oppor­tu­ni­ties for them. In essence, it is the back­bone of inte­grat­ed tal­ent man­age­ment, match­ing peo­ple to oppor­tu­ni­ties.

AI tal­ent man­age­ment trans­forms how enter­pris­es and pub­lic sec­tor organ­i­sa­tions hire, retain and grow a diverse glob­al work­force. And an organ­i­sa­tion that hires well sig­nif­i­cant­ly out­per­forms its com­pe­ti­tion.

Eight­fold AI deliv­ers sig­nif­i­cant return on invest­ment with faster hir­ing, greater diver­si­ty and high­er staff reten­tion, empow­er­ing employ­ees and giv­ing them a bet­ter expe­ri­ence.

Good data cre­ates great results and AI is the way to make the most of this oppor­tu­ni­ty. Learn more at Eightfold.ai

Spon­sored by

Eight­fold AI