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If you have to take what appears to be a personality assessment when you fill out a job application for a prospective employer, you are not alone: ”100 million workers worldwide take psychological tests… designed according to A recent New York Times article
. According to Psychology Today reported that 80% of Fortune 500 companies use such tests to evaluate job applicants.
Myers-Briggs personality test is the most widely used and recognized One of the tests, which included prompts for self-evaluation responses such as “You often make new friends” and “Seeing other people crying makes you feel like crying too”, recipients were asked whether they “agree” or ” disagree”, and to what extent.
Talent Select AI, a 16-year-old digital interviewing and psychometric assessment company based in Milwaukee, WI, aims to revolutionize the industry with its Natural Language Processing (NLP) – A powerful candidate screening tool that completely eliminates the need for self-reported exams by job seekers. Talent Select’s tool analyzes only the word choices of potential candidates during an on-site interview with a recruiter for a psychological assessment — using software to determine whether their personality is a good fit for the job opening.
Psychometric AI API
The company currently offers its software as an API to customers, who can integrate it with recruiting platforms and tools. However, the company told VentureBeat that it plans to launch its own user-facing version of the software on its website next month.
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If you have to take what appears to be a personality assessment when you fill out a job application for a prospective employer, you are not alone: ”100 million workers worldwide take psychological tests… designed according to A recent New York Times article
. According to Psychology Today reported that 80% of Fortune 500 companies use such tests to evaluate job applicants.
Myers-Briggs personality test is the most widely used and recognized One of the tests, which included prompts for self-evaluation responses such as “You often make new friends” and “Seeing other people crying makes you feel like crying too”, recipients were asked whether they “agree” or ” disagree”, and to what extent.
Talent Select AI, a 16-year-old digital interviewing and psychometric assessment company based in Milwaukee, WI, aims to revolutionize the industry with its Natural Language Processing (NLP) – A powerful candidate screening tool that completely eliminates the need for self-reported exams by job seekers. Talent Select’s tool analyzes only the word choices of potential candidates during an on-site interview with a recruiter for a psychological assessment — using software to determine whether their personality is a good fit for the job opening.
Psychometric AI API
The company currently offers its software as an API to customers, who can integrate it with recruiting platforms and tools. However, the company told VentureBeat that it plans to launch its own user-facing version of the software on its website next month.
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“We’re just starting to offer this solution,” Will Rose, CTO of Talent Select AI, said in a Zoom interview with VentureBeat. He said the company believes it will benefit both employers and job candidates by eliminating the need for psychometric testing as a separate step in the interview process.
Rose said Talent Select’s AI model matches job candidates’ word choices and conversational context (using only text transcripts, not audio or video) to analyze their psychometrics and personality traits.
As Roth points out, this is because other types of tools that specifically focus on visual information or tone of voice may run the risk of bias against certain racial or ethnic groups. “We see a lot of pitfalls out there because of cultural differences and how other people interpret those differences,” Ross noted. “In our case, we look strictly at the text.”
“We can determine from text alone how well a candidate fits a particular role or company culture,” Ross continues . “These are predictions of job performance and job results.” Promising initial results
Talent Select’s API launches in early 2023, promising “unbiased candidates Human Insights” and has since made initial improvements, reducing time-to-hire by over 50% – hiring candidates from underrepresented groups by 80% and 98% of users reporting more confidence in selection decisions .
Rose declined to tell VentureBeat which clients Talent Select AI has served so far, citing non-disclosure agreements, but said “we are working with existing providers.”
Psychometrics has a long history…but also Criticism and controversy
Psychometrics, the science of psychological measurement, has since been established in one of the National Laboratories of the United States Since its inception, the laboratory has undergone major transformations. University of Cambridge, 1887.
As science developed, psychometrics played a key role in the creation of intelligence tests such as the Stanford Binet Test and the Army Alpha and Beta Test in the early 20th century. educational and military purposes.
Fast forward to today, psychometrics employs advanced computer algorithms and complex mathematical models, such as Item Response Theory (IRT) and Structural Equation Modeling (SEM), to design and evaluate psychological test.
However, the field has been subject to controversy and criticism regarding the validity and reliability of psychometric testing in different populations and contexts, and the ethical and societal implications of these tests for high-stakes decision-making . , and the philosophical and epistemological assumptions underpinning psychometric models and methods. Even the creator of the famous Myers-Briggs test says it shouldn’t be used to make hiring decisions.
Notwithstanding, as stated above, there is still a market for other similar tools and Talent Select AI believes it has developed a new, improved, more streamlined and efficient version.
The company claims to have 30 years of academic research experience and over 15 years of in-house expertise in recruiting and hiring operations. Its leadership team includes President and Chairman Stuart Olsten and Chief Operating Officer Heather Thomas.
The company also has an advisory board of academics and psychometric practitioners, such as Ph.D. Michael and Emily Campion, Dr Sarah Seraj and Assistant Professor John Fields.
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