activ8 Cuts Recruitment Risks with Artificial Intelligence

activ8, pioneers of predictive HR analytic technologies, today launches a8i Recruitment, which is set to revolutionise the recruitment process and is the first ever application to apply real predictive technologies to the screening, selection and on-going performance management of candidates. For the first time, the value derived from people can accurately be measured, and more effective decisions actioned to manage human capital assets.

The predictive technology provides organisations with the ability to foresee the likely performance of a candidate to a high degree of accuracy based on their previous experience, personality, academic qualifications, motivation, and the role requirements.

activ8 CEO Laurence Collins, said: ìHR needs to undertake a more powerful approach to measuring and managing people-related risks. The old ways of instinct based decision making around critical employee lifecycle events must be blended with innovative analytic and automated controls to achieve real success.î

A trial with a leading insurance organisation delivered tangible cost savings proving that a8i Recruitment can improve success rates in hiring top performers from 43 per cent to 83 per cent; achieve a 30 per cent reduction in the time taken to make a good hire; contribute to a five per cent increase in customer satisfaction and reduce average absence levels by three days per annum.

Laurence Collins: ìBy using our unique predictive technologies as a catalyst for more intelligent and commercial oriented conversations, HR can finally demand a seat at the Top Table of strategic discussion.î

In addition to cutting recruitment risks significantly, it helps to reduce discrimination from race, sex or appearance during the recruitment process and workplace.

Between 2001 and 2020, ethnic minority people are expected to account for over 70% of the growth in the UK population aged 16-59. The Equal Opportunities Commission warns that cultural intelligence is absolutely crucial if Britain is to avoid paying a high economic and social price by not recruiting individuals from the pool of talent available.

Laurence Collins: ìa8i Recruitment enables organisations to select candidates based on their ability and suitability for the role alone, removing discrimination which may sub consciously take place during an initial interview process.î