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HOW ARTIFICIAL
INTELLIGENCE
HELPS HUMANS FIND
THE BEST TALENT
THE
HUMAN
ELEMENT
According to the Talent Board,
75% of employers are using some
sort of pre-hire assessment—and
for good reason.
A research study, performed by Aptitude Research
Partners, revealed that companies investing
in pre-hire assessments:
Experience a 4X
improvement in
new hire quality
Are 3X more
likely to reduce
employee turnover
HOWEVER, TOP TALENT IS OFF THE
MARKET INCREDIBLY QUICKLY—TRADITIONAL
ASSESSMENTS ARE TOO MANUAL AND
TIME-CONSUMING FOR THE MODERN
CANDIDATE. A TRADITIONAL ASSESSMENT
COULD BE HINDERING YOUR ABILITY TO
ATTRACT AND HIRE THE BEST TALENT FOR
YOUR BUSINESS.
ENTER ARTIFICIAL INTELLIGENCE (AI). AI IS
NOT ONLY FAST (SO YOU DON’T MISS OUT
ON YOUR BEST CANDIDATES), IT IS ALSO
OBJECTIVE AND CONSISTENT.
FOR EXAMPLE, YOUR SCREENING AND
HIRING DECISIONS ARE LIKELY IMPACTED
BY THE TIME OF DAY YOU MAKE THEM.
According to a recent
study, there was a
stark difference between
decisions made in the
morning and evening:
Decision-making in the
morning tends to be slower, but
more accurate.
Decisions made closer to night
are made more quickly, but
less accurately.
THE COST
OF A
BAD HIRE
When it comes to
hiring, you need both
speed and accuracy.
When hiring managers
rely on outdated methods to
make their decisions they
increase the likelihood of
ending up with a bad hire.
ACCORDING TO THE US DEPARTMENT
OF LABOR, THE COST OF A BAD HIRE IS AT LEAST
30% OF THEIR FIRST YEAR EARNINGS
For an entry leve role making
$35,000 a year, that’s $10,500
$10,500
THAT DOESN’T INCLUDE THE COST OF THEIR
INEVITABLE TURNOVER, WHICH CAN BE MORE THAN
50% OF THEIR ANNUAL SALARY
For the same entry level
role, that’s at least $17,500.
$17,500
If they leave after their first year on the job, a single bad hire
will conservatively cost your organization $28,000 in lost productivity
and additional recruiter manhours.
$28,000
This is why artificial intelligence
is so useful. Computers are
consistent. They don’t have bad
days. They don’t get tired. They’re
the perfect partner for making
screening decisions.
THE
ARTIFICIAL
INTELLIGENCE
SOLUTION
With AI, you can predict:
30% upsell increase
Performance
50% reduction
in safety violations
Safety Violations
76% increase in tenure
Turnover
“AI WILL ONLY MAKE JOBS BETTER, SO LONG
AS YOU LEARN TO USE THE TOOL.
“- Josh
Bersin
LEARN WHY FOUR INDUSTRY-LEADING COMPANIES
ARE ASSESSING THEIR CANDIDATES WITH AI
www.hirevue.com
Get Your Free eBook

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How Artificial Intelligence Helps Humans Find the Best Talent

  • 2. THE HUMAN ELEMENT According to the Talent Board, 75% of employers are using some sort of pre-hire assessment—and for good reason.
  • 3. A research study, performed by Aptitude Research Partners, revealed that companies investing in pre-hire assessments: Experience a 4X improvement in new hire quality Are 3X more likely to reduce employee turnover
  • 4. HOWEVER, TOP TALENT IS OFF THE MARKET INCREDIBLY QUICKLY—TRADITIONAL ASSESSMENTS ARE TOO MANUAL AND TIME-CONSUMING FOR THE MODERN CANDIDATE. A TRADITIONAL ASSESSMENT COULD BE HINDERING YOUR ABILITY TO ATTRACT AND HIRE THE BEST TALENT FOR YOUR BUSINESS.
  • 5. ENTER ARTIFICIAL INTELLIGENCE (AI). AI IS NOT ONLY FAST (SO YOU DON’T MISS OUT ON YOUR BEST CANDIDATES), IT IS ALSO OBJECTIVE AND CONSISTENT.
  • 6. FOR EXAMPLE, YOUR SCREENING AND HIRING DECISIONS ARE LIKELY IMPACTED BY THE TIME OF DAY YOU MAKE THEM.
  • 7. According to a recent study, there was a stark difference between decisions made in the morning and evening: Decision-making in the morning tends to be slower, but more accurate. Decisions made closer to night are made more quickly, but less accurately.
  • 8. THE COST OF A BAD HIRE When it comes to hiring, you need both speed and accuracy. When hiring managers rely on outdated methods to make their decisions they increase the likelihood of ending up with a bad hire.
  • 9. ACCORDING TO THE US DEPARTMENT OF LABOR, THE COST OF A BAD HIRE IS AT LEAST 30% OF THEIR FIRST YEAR EARNINGS For an entry leve role making $35,000 a year, that’s $10,500 $10,500
  • 10. THAT DOESN’T INCLUDE THE COST OF THEIR INEVITABLE TURNOVER, WHICH CAN BE MORE THAN 50% OF THEIR ANNUAL SALARY For the same entry level role, that’s at least $17,500. $17,500
  • 11. If they leave after their first year on the job, a single bad hire will conservatively cost your organization $28,000 in lost productivity and additional recruiter manhours. $28,000
  • 12. This is why artificial intelligence is so useful. Computers are consistent. They don’t have bad days. They don’t get tired. They’re the perfect partner for making screening decisions. THE ARTIFICIAL INTELLIGENCE SOLUTION
  • 13. With AI, you can predict: 30% upsell increase Performance 50% reduction in safety violations Safety Violations 76% increase in tenure Turnover
  • 14. “AI WILL ONLY MAKE JOBS BETTER, SO LONG AS YOU LEARN TO USE THE TOOL. “- Josh Bersin
  • 15. LEARN WHY FOUR INDUSTRY-LEADING COMPANIES ARE ASSESSING THEIR CANDIDATES WITH AI www.hirevue.com Get Your Free eBook