June 18, 2020
At a Glance
Today the labor market is overwhelmed with jobseekers. Companies and workers deserve solutions to improve equitable hiring.
Since the pandemic displaced millions of workers, the dynamics of the labor market have shifted dramatically. Applicants for open positions were once in short supply, but now the market is overwhelmed with jobseekers, including many people who are looking for work in IT. Using assessments at the top of the hiring funnel has never been more important.
Innovations in technologies like artificial intelligence (AI) and immersive learning have significantly reduced costs and increased the efficacy of assessment solutions across the board. Companies are now able to use assessment tools more comprehensively, and much earlier on in the hiring process. This grows business capacity so companies can assess more talent, more effectively, faster, and earlier in the hiring process. With the latest assessment technologies, employers can ensure that recruiting remains unbiased by identifying applicants’ true capabilities and skills and using AI to manage the high volume of applications they receive.
In a story on Medium, JFFLabs identified Vervoe as a standout example of a company that’s revolutionizing recruiting by moving assessments to the top of the hiring funnel. An AI-powered skill testing platform, Vervoe helps companies hire the best candidates by focusing on who can do the job, not who looks good on paper. Vervoe’s machine learning system creates tailored assessments that allow companies to test candidates for any skill, and it automatically evaluates their responses at any scale.
At Horizons, JFF’s flagship event, Vervoe and their partner TriNet, were featured in a video about how the company is using assessments to address bias at the top of the hiring funnel.