“Considering your average cost per hire is about 2000 dollars, you're saving a fairly substantial amount”
quote is from the automated transcript, cleaned for reading:
filler sounds and stutters are removed, nothing is rephrased. names can be misheard
(the analysis reads context, assessments check outside sources). how →
More from Kieran Snyder
AssertionNot checkable as stated
Job listings with over 50% bullet points significantly reduce female applicants
“If you go above 50% bulleted content in a listing, you quickly reduce the proportion of women who are likely to apply for the job, statistically.”
Kieran SnyderMar 18, 2016▶ 12:09Using AI to Predict the Performance of Text // Kieran Snyder, Textio (Data Driven NYC / FirstMark)
Insight
Diversity of an applicant pool strongly predicts how quickly jobs fill
“It turns out that the percentage of underrepresented groups who apply to a job is a very good predictor of how quickly the role will fill”
Kieran SnyderMar 18, 2016▶ 9:07Using AI to Predict the Performance of Text // Kieran Snyder, Textio (Data Driven NYC / FirstMark)
AssertionSupported
Corporate jargon in job postings disproportionately deters applicants of color
“Like some of that corporate jargon, the words like synergy and stakeholders and ROI. It turns out everybody hates them, but underrepresented groups, especially people of color, hate them even more. So nobody is as likely to apply when you include that language…”
Kieran SnyderMar 18, 2016▶ 17:37Using AI to Predict the Performance of Text // Kieran Snyder, Textio (Data Driven NYC / FirstMark)
Insight
Machine learning models often predict outcomes without explaining why they happen
“The models that you can create can often tell you what might happen, but they can't always tell you why.”
Kieran SnyderMar 18, 2016▶ 1:04Using AI to Predict the Performance of Text // Kieran Snyder, Textio (Data Driven NYC / FirstMark)
Insight
Text is the primary daily volume output of almost every business
“Whatever business you are in, whether you're making software, or you're making hamburgers, or you're making playground equipment, The thing you're actually making the most of every day at work is text, ah, almost certainly.”
Kieran SnyderMar 18, 2016▶ 1:18Using AI to Predict the Performance of Text // Kieran Snyder, Textio (Data Driven NYC / FirstMark)
AssertionNot checkable as stated
Over a third of recruited candidates abandon applications after reading the listing
“Over a third of people that you're reaching out to who are looking for jobs walk away when they see your job listing.”
Kieran SnyderMar 18, 2016▶ 3:16Using AI to Predict the Performance of Text // Kieran Snyder, Textio (Data Driven NYC / FirstMark)
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