February 19, 2024
Skills-Based Hiring at Goldman Sachs
Recently, Goldman Sachs has transitioned to a recruitment strategy they refer to as "skillset recruiting." In this new method, the company utilizes an online platform where applicants don't apply for specific job roles; instead, they apply based on particular skill areas. After this, candidates undergo skill assessments and are then.
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February 19, 2024
BCG on Skills-Based Hiring
"In the ensuing tug-of-war for skilled individuals, organizations must rethink their approach to recruitment. They must widen their recruitment lens to capture the diverse skills and experiences of a changing workforce. They need to shift from “degree and pedigree” to “will and skill.” By embracing skills-based hiring, they will tear.
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February 19, 2024
YOUR COST OF BAD HIRE
#costofbadhire #informedecisions Link to cost of bad hire calculator:
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February 13, 2024
INTERVIEW HORROR STORY
"I had an interview at an (fast food chain) scheduled on Christmas day, I figured it would be closed so I emailed the manger to confirm. No reply, I showed up and it was closed. The interview was scheduled on their official website via chat bot. I tried to reschedule.
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February 13, 2024
Providing actionable feedback to interviewers- Informed Decisions take
Thank you to everyone who participated in our survey: 'Should companies provide interviewers with actionable feedback on their strengths and biases during interviews?' At Informed Decision, our resounding answer is a definite 'YES'. Here's why: Interviewers, like professionals in any field, need feedback to improve. Imagine a basketball player not.
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February 13, 2024
KEY KPIS FOR HIRING BIAS MONITORING
1. Number of potential biases monitored (i.e.: gender bias, ethnicity bias, academic institute bias, well-known companies bias) - the more potential biases you monitor the more chances for insights on how to improve your hiring process equity. 2. Bias score: - Create a scale that aggregates the data from all.
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February 13, 2024
HOW TO GET STARTED WITH BIAS MONITORING IN YOUR HIRING PROCESS
Since bias/interview training is quickly forgotten, a better way to reduce human bias in your hiring process is to monitor it. To manage bias (or anything else), you need to measure it first. How to get started: 1- Ensure your interviews are scored Many scorecards today use emojis, star icons,.
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February 13, 2024
Bytes of Bias: Rite Aid's AI Misstep Leads to FTC-Enforced Ban
Rite Aid has been banned from using facial recognition technology for five years following a Federal Trade Commission (FTC) ruling. The decision comes after the FTC found that Rite Aid's AI system, used between 2012 and 2020, incorrectly identified consumers, especially women and people of color, as shoplifters. This led.
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February 13, 2024
INTERVIEW HORROR STORY
"I received an offer from a company that I interviewed with. I asked for some more in the compensation which was somewhat reasonable. After a day or two, HR said someone else (let’s call him John) wants to interview me again (I have spoken to John before.) I did that.
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February 13, 2024
INTERVIEW HORROR STORY
"In mid-August, I was approached by a small higher education program to apply for the position of dean. It would be a good fit for me, pay reasonably well, and be the logical next step in my career. I applied. In early September I was invited for a zoom interview..
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