HR ANALYTICS, WORKFORCE MANAGEMENT
PRnewswire | June 02, 2023
Eightfold AI, the leader in AI-powered talent intelligence, today announced their live implementation with Faurecia, a FORVIA Group company. Faurecia leverages Eightfold AI's Talent Acquisition and Talent Management offerings to further modernize its hiring programs leveraging the most advanced technology and employee experience.
Additionally, Faurecia is leveraging Eightfold AI's Talent Intelligence Platform to source more candidates from their existing Applicant Tracking System (ATS). Through Eightfold AI's skills database, Faurecia projects measurable improvements to the effectiveness and efficiency of its entire talent operation. Moreover, Eightfold's bias-reduction capabilities are key to Faurecia's ongoing commitment to make diversity, equity, and inclusion (DE&I) a core component of its workforce.
"We're a great company, and that means recruiting great talent, and enabling them to continue growing once they've joined our organization is our priority." said Jean-Pierre Sounillac, Faurecia Executive Vice President Group Human Resources.
"Faurecia is up-leveling their talent operation by creating a consistent global experience and connecting its talent acquisition with the upskilling of their employees," said Ashutosh Garg, CEO and Co-founder at Eightfold AI. "Their strategy to become a skills-based organization will serve as the model for future-ready organizations going forward."
Eightfold AI offers a single Talent Intelligence Platform that provides a consistent experience for recruiters, hiring managers, and employees. As a result, companies can consolidate the capabilities of their existing HR technology investments into one cohesive offering that can be leveraged globally, furthering a company's digital transformation.
By analyzing anonymized data points, the Eightfold Talent Intelligence Platform improves hiring, engagement, retention, and DE&I processes. Enterprise customers have achieved results for talent acquisition including 35 percent faster time-to-fill across all positions, 50 percent greater recruiter efficiency, 60 percent higher qualified candidate volume, 88 percent increase in employee referrals, and 19 percent increase in hiring of female candidates, among other verified outcomes.
About Eightfold AI
Eightfold AI's market-leading Talent Intelligence Platform™ helps organizations retain top performers, upskill and reskill their workforce, recruit talent efficiently, and reach diversity goals. Eightfold's patented deep learning artificial intelligence platform is available in more than 155 countries and 24 languages, enabling cutting-edge enterprises to transform their talent into a competitive advantage. For more information, visit www.eightfold.ai.
Faurecia, company of the Group FORVIA, is a global automotive technology leader. With 257 industrial sites, 39 R&D centers and 111,000 employees in 33 countries, Faurecia operates through four areas of business: Seating, Interiors, Clarion Electronics and Clean Mobility. In 2021, the Group reported total turnover of €15.6 billion. Faurecia is listed on the Euronext Paris market and is a component of the CAC Next 20 index. www.faurecia.com
FORVIA, the world's seventh largest automotive technology player, comprises the complementary technology and industrial strengths of Faurecia and HELLA. With over 300 industrial sites and 66 R&D centers, 150,000 people, including more than 35,000 engineers across 40+ countries, FORVIA provides a unique and comprehensive approach to the automotive challenges of today and tomorrow. Composed of 6 business groups with 24 product lines, FORVIA is focused on becoming the preferred innovation and integration partner for OEMs worldwide. The Group provides solutions for a safe, sustainable, advanced and customized mobility, FORVIA aims to be a change maker committed to foreseeing and making the mobility transformation happen.
HR ANALYTICS, WORKFORCE MANAGEMENT
PRnewswire | May 05, 2023
Visier, the globally recognized leader in people analytics and workforce solutions for people-powered business, today announced new products designed to offer fast, radically simple, and cost effective solutions to today's most pressing workforce challenges. These products provide entry points to people analytics programs, skills transformations, and understanding and optimizing individual and team productivity and collaboration dynamics. The news was unveiled by Visier's CEO Ryan Wong, at Visier's annual Outsmart conference, which takes place this week in San Diego, California.
"Understanding your employees is essential to running a high performing, efficient and accountable business," said Ryan Wong, CEO of Visier. "At Visier, we believe in making actionable people insights radically simple for our customers, no matter their experience or resourcing. That's what these new products are all about: simple, cost-effective entry points and blazing fast time to value for people analytics programs, skills transformations and improving team dynamics and productivity."
Visier People Essentials: An easy onramp to People Analytics programs
Launched today, Visier People Essentials draws on Visier's 13 years of experience as the people analytics category pioneer and leader, and feedback from over 25,000 customers, to create a simple entry point, and guided paths to a robust and scalable people analytics program.
Visier People Essentials provides everything organizations need to launch, scale, or enhance their people analytics program in one simple, cost-effective package that includes:
Easy integration and harmonization of disparate HR data from any source
Hundreds of out-of-the box insights to solve the HR challenges that matter most
Full access to Visier's built-in benchmark data sourced from over 20 million anonymized employee records
Visier's fastest-ever time to value
Expert professional services to guide organizations every step of the way
Visier's expert People Analytics Consultants will provide customers with everything they need to be successful, including guidance on data configuration, best practices in transforming people data into meaningful insights, training on Visier People Essentials features and functionality, and building team capabilities to confidently reach self-sufficiency.
And when organizations are ready to go beyond Essentials, Visier has an unmatched portfolio of add-on capabilities to grow with customers at their own pace.
"Visier People Essentials helps teams develop a broad understanding of people analytics, and is flexible enough to scale up with the team as they grow in maturity and scale," said Wong. "When organizations begin their people analytics journey, they often don't always know what questions to ask. Essentials guides them to the fastest time to value, and our Visier team works alongside them to mature their people analytics strategy over time."
Visier People Skills Intelligence Engine: A simple starting point for every skills journey
Also launched today, Visier People: Skills Intelligence Engine provides a complete inventory of an organization's skills–both the skills they have and the skills they need–which is generated automatically and nearly instantaneously. This becomes a powerful entry point for any skills transformation by highlighting company wide skills gaps for prioritizing hiring and learning and development initiatives, and targeting retention programs to backstop skills losses associated with employee exits.
Utilizing a powerful jobs and skills ontology, supported by Visier's 20 million employee benchmark records, organizations can normalize job roles and skill sets and translate them into actionable insights through a skills mapping and matching engine. This automated and continuous skills mapping capability provides a running assessment of the current skills of an organization's workforce, without any manual effort.
"We consistently hear from HR leaders that efforts to become skills-based organizations have been complicated, expensive, unwieldy, and have fallen short of expectations," said Paul Rubenstein, Chief People Officer at Visier." We're changing that with a simple solution that gets customers started on their skills journey by identifying the skills they already have within their organization, and the skills they need."
Workplace Dynamics: Collaboration insights to improve productivity and effectiveness
Visier People: Workplace Dynamics helps organizations understand how people work to provide the insights needed to create high-performing teams, reveal organizational risks, and empower employees and leaders to maximize their impact. Workplace Dynamics uses passive listening to understand how and with whom employees collaborate, how they feel, and how they get work done. This is then combined with actively solicited employee feedback, including strengths and weaknesses of team members with whom employees are working closely, to provide the most complete view of employee collaboration, well-being, and productivity.
Initially launched in late 2022, a number of new additions to the Workplace Dynamics product offering have recently been added, including:
Turn sentiment, feedback, team dynamics, and work patterns into real-time, actionable insights that help people work better together and maximize productivity.
Reveal truths that are dangerously hidden in organizations, including burnout, risk of exit, and under utilized talent. When revealed, this results in a more resilient business.
Provide continuous insights to everyone in the organization, enabling colleagues to become better teammates, managers, and partners.
Additional innovations: Work location analysis, alerts, custom solutions, and more
In addition to the major product launches above, Visier released new product enhancements, including:
Location Check-ins: Allowing organizations to load and analyze workplace check-in data, which occurs through a badge swipe or an access card at a physical location or a network login. Using this feature can help you answer questions such as: Are hybrid employees adhering to agreed-upon workplace policies? Are costly office locations used as expected? How do employee performance, productivity, and turnover compare between employees working in-office, remotely, and hybrid?
Exception Alerts: Raises a flag anytime a metric of interest is outside of the historical norm within an organization. This functionality saves hours of sifting through and analyzing data to identify what's significant in it.
Long-term Project Assignments: Allows organizations that deploy employees to long-lived, but time-bound, projects to assess usage and team composition. This can be used to apply diversity to the mix of talent on specific projects and maximize productivity within a staff base.
Visier is the recognized global leader in people analytics, providing on-demand answers to people-powered businesses. Behind every great brand, product, or idea is the Human Truth, and the Visier People Cloud reveals the fundamental questions and actionable truths capable of elevating your employees—and your business—to new heights. Founded in 2010 by the pioneers of business intelligence, Visier has over 25,000 customers in 75 countries around the world, including enterprises like BASF, Bridgestone, Electronic Arts, McKesson, MerckKGaA, and more. Visier is headquartered in Vancouver, BC with offices and team members worldwide.
TALENT ACQUISITION, RECRUITMENT & RETENTION
PRweb | April 03, 2023
Jobma has announced a significant update that will leverage the power of Artificial Intelligence to provide recruiters and Hiring Managers with more meaningful information for making better hiring decisions. This update includes innovative features that streamline the interview and screening process using video interview software.
One of the most exciting new features is AI Transcription, which automatically transcribes video interviews into text format. With AI Transcription, recruiters can quickly review and analyse candidates' responses, saving valuable time and making more informed hiring decisions. These transcriptions can also be shared along with the interview videos with other stakeholders.
Jobma’s AI Interview transcriptions can be an invaluable tool for hiring candidates. Transcribing interviews taken by Jobma’s video recruiting software can help keep accurate interview records. To Jobma’s users, this can be helpful in situations where they need to revisit the interview notes to make informed hiring decisions.
Another critical feature is AI Emotional Analysis, which enables Jobma's users to analyse a candidate's emotions during a video interview using the power of Artificial Intelligence. This gives recruiters valuable insights into the candidate's emotional state, which can help make informed hiring decisions.
Jobma’s AI emotional analysis will help its users improve the interview process by providing additional insights into a candidate's emotional responses and thereby reducing the potential for bias. By leveraging this technology, Jobma hopes organizations can make the interview process more effective, efficient, and fair.
Jobma has also introduced Live Proctoring, an advanced feature that enables recruiters to monitor and control online interviews or exams in real time. This feature helps ensure the hiring process is fair, unbiased, and transparent by detecting and preventing cheating or other forms of misconduct.
Live Proctoring provided by Jobma can be incredibly flexible. Just like its Video interview software suite, it can fit any specific use case - recruitment or non-recruitment- perfectly without changing how Jobma’s users hire or evaluate candidates. It also creates a fairer interview process, leading to better-quality candidates coming through the interview pipeline. And lastly, Live Proctoring can also help users judge a candidate based on their actual performance in a Live environment.
In addition to these new features, Jobma has also improved its existing branding features based on user feedback. Interview branding has been revamped, enabling users to set up interviews with multiple branding options. This is particularly useful for Staffing and Recruitment firms that need to set up interviews for numerous clients.
"It is our pleasure to present Jobma's latest features, including AI Transcription, AI Emotional Analysis, and Live Proctoring, which have been meticulously crafted over several years to provide our clients with ethical AI solutions. We are optimistic that these new features and improvements will completely transform the hiring process for our clients by offering them the valuable advantages of AI technology, helping them to hire more efficiently, effectively, and economically."– said Krishna Kant, Jobma’s Managing Partner.
Jobma is an award-winning Digital Interview Software used by companies of all sizes to hire better candidates in a shorter period. These new features and improvements, Jobma continues to be the leading Video Interview software solution in its category.
These new features are available immediately to all Jobma users. Current users can contact the Jobma support team to upgrade and use these new features and improvements.
Jobma is a Digital Interview Software company specialising in providing software solutions for recruitment and the HR industry. With over a decade of industry experience, Jobma has become a trusted provider of Video recruiting software solutions. Its mission is to help democratise access to cutting-edge recruitment technology.