This study is designed to help stimulate thinking about how to be more adaptable to what emerging talent candidates are advising they expect and be able to cast a wider net in recruiting as a result, potentially reviewing more candidates without having to read more resumes.
Intelligent approaches to talent acquisition, taking advantage of technological tools such as Oleeo’s award-winning suite of recruiting products, can help tackle talent scarcity and introduce you to candidates you may otherwise overlook at any given stage of your hiring journey.
Harnessing blind recruiting techniques could be one way of doing this – but there are some pitfalls to this as exclusive Oleeo and University College London research reveals. We consider this to be the first large-scale statistical linguistic analysis of male and female resumes across multiple job sectors and reveals that small but statistically significant patterns, such as resume length, readability and use of certain words can easily lead to gender identification.
Gender Identification in Blind Recruiting – Easier Than You Think Finds Academics!
In the most recent 18th Annual Global CEO Survey, 77% of CEOs told PriceWaterhouseCoopers they already have a diversity and inclusion strategy or plan to adopt one in the next 12 months. Additional research by PwC research shows that 86% of female and 74% of male millennials consider employers’ policies on diversity, equality and inclusion when deciding which company to work for.
However, in the eyes of some, current recruiting processes are imperfect, elitist and exclusionary. These concerns make it important that recruiters consider new ways to attract people from all backgrounds. To do this, there is a need to ensure that nothing in the recruitment process puts up barriers that prevent the best talent from joining a firm.
By removing the candidate’s name and other personal information, such as their nationality or the university they attended, an employer can ensure that people will be judged on merit and not on their background, race or gender. Used well, blind recruitment can help ensure demonstrable insights that show differences as a strength – but is this enough?
Oleeo partnered with University College London to conduct the first large-scale statistical linguistic analysis of male and female resumes across multiple job sectors (financial services, information technology, management consulting and retail and buying).
So can this be mitigated? Yes, by using gender de-biasing methodology that can be applied to successfully remove gender redundant encoding and lower disparate impact scores applied during machine based hiring predictions. This makes it suitable for use in automated hiring screening processes where not causing disparate impact is paramount.
Technology works because algorithms can replicate your collective decision making, reducing the influence of bias by individuals or process. It’s not just Oleeo saying this. The Confederation of British Industry has described “name-blind” recruitment was one way to remove “criteria that could unintentionally bias managers, and give under-represented groups con dence that their application will be fairly considered”.
Fair consideration is the first step to true inclusion. How a company then promotes its values to demonstrate this is the next step. Once applications are blind sifted, the recruiter must consider if they can fairly run interviews alone and continue the momentum. Panel interviewing may help avoid doubt and showcase a more transparent commitment to equal opportunities. The power really does lie in the recruiter’s hands to see these values through.
By Flexing Recruitment Models to Be More Engagement Focused and Aligned to Candidate Expectations, Talent Acquisition Teams Can Expect to Yield Dividends Back as a Result.
For example, Morgan Stanley’s efforts highlighted earlier in this report helped deliver substantial award-winning benefits including:
In high-volume environments such as those analyzed by Oleeo, recruiters must become more agile and do more with less without bias creeping in. Historically, recruiters may have been wary to consider such trends but with competition showing no signs of easing, there is a need to utilize machine learning and mine rich sources of talent across Universum’s four dedicated pillars. Here are some key takeaway points and a checklist to help you on your mission to make 2018 a year of transformation in recognizing the need to make student recruitment aligned to the expectations of the next generation so that you can be on the right road to success in hiring superstars before competitors.Are your recruiting efforts diverse and inclusive enough? Download @Oleeo_’s Must-Know Student Recruiting Trends for 2018 and find out!Tweet This!
10 Essential Steps to Engage & Secure Future Superstars
The need for engagement has never been so critical with the war for talent intensifying. Based on input from recruiting leaders, Oleeo has devised a step-by-step approach to help stimulate your talent acquisition approaches in order to hire the best before the rest.
Oleeo is a leading pioneer in the field of innovative talent acquisition technology with over 20 years of experience that is considered ‘best-in-class’ by experts. We have decades of award-winning recruitment software expertise and an obsession with driving real change in organizations. We accelerate and improve the entire process of finding, attracting, engaging, assessing and hiring the best talent. Working with some of the largest brands including Morgan Stanley, Civil Service Resourcing and Marks & Spencer, Oleeo's products provide an end-to-end solution or can be purchased individually.
Oleeo ATS - Manage and track candidates effectively with our multi award-winning Application Tracking System.
Oleeo CRM- Easily amplify your recruitment marketing and deepen your relationship with candidates throughout the candidate journey. Connect with candidates through targeted, personalized content.
Oleeo Event Management - Handle the complexity of planning and managing recruiting events – be they onsite, offsite, private, public, virtual or even group interview sessions.
Oleeo Interview Management - Manage and schedule interviews in the cloud to significantly simplify and accelerate the process.
Oleeo Talent Mobility - Focus on internal mobility and redeployment of staff by automating processes to help employees feel supported.
Oleeo Program Managemebt - Support the management of any work program - from placement monitoring to performance management and beyond.
Our Solutions bundle our products to address specific student recruiting needs: Oleeo for Campus & Early Careers.
Support recruiting for future leaders with this exceptionally engaging end-to-end solution which includes best-in-class technology tailored specifically for the early talent and student recruitment process. Cover the entire journey of a candidate from attraction to engagement and eventual hiring using the one system. Gain competitive advantages by accelerating the hiring process with automation and tools designed to handle the high volume of applicants.
For more information – www.oleeo.com
Universum is the global leader in employer branding. During our 25+ years we have established ourselves in 60 markets throughout the globe and our diverse workforce is physically present in 20 countries. Our services include actionable research, EVP development, strategic planning, data driven communication and social media solutions for talent branding, sourcing and analytics. We are a trusted partner to over 1,700 clients, including many Fortune 500 companies, as well as global media partners that publish our annual rankings and trend reports. We work with over 2000 universities, alumni groups, and professional organizations to gather insights from students and professionals. On an annual basis Universum surveys over 1,500,000 students and professionals worldwide in order to advise employers on how to attract and retain talent that fits their culture and purpose.
Download The Must-Know Student Recruiting Trends for 2018 report and investigate this trend further to see how current recruiting insights can be improved upon by looking to engage and influence the best hires before competitors by devoting more time on focused value add activities.