• Add your business news
  • Privacy Statement
  • Cookie Policy
Recruitmenttech.com
  • Home
  • Latest
  • Demo_Day 2021 – REPLAY
    • Register to watch replayFREE
    • Program
    • Partners
    • Speakers
    • Frequently Asked Question (F.A.Q.)
  • Events calendar
    • Add an event
  • Subscribe to the email update
No Result
View All Result
  • Home
  • Latest
  • Demo_Day 2021 – REPLAY
    • Register to watch replayFREE
    • Program
    • Partners
    • Speakers
    • Frequently Asked Question (F.A.Q.)
  • Events calendar
    • Add an event
  • Subscribe to the email update
No Result
View All Result
Recruitmenttech.com
No Result
View All Result
Home Insights

Hiring algorithms have a positive impact on candidate diversity

January 7, 2021
in Insights, News
Reading Time: 2min read
38
Share on LinkedInShare on FacebookShare on TwitterShare on WhatsappShare via email

Researchers have developed a new way for using algorithms, which can help recruiters draw talent from a more diverse pool of applicants.

Algorithms are popular

Algorithms are a popular way to improve the hiring decisions of firms, but they don’t always work that well. Although it’s said that they save firms time because they can process hundreds of applications much faster than a recruiter could, it also has a downside. Hiring algorithms use the information on workers they have previously hired in order to predict which job applicants they should now select. In many cases, relying on algorithms that predict future success based on past success will lead firms to favor applicants from groups that have traditionally been successful. If firms used their historical employment data to decide whom to hire, they would have very few examples of successful female scientists and engineers, for example.

New approach

Researchers Danielle Li, Lindsey R. Raymond and Peter Bergman built three resume screening algorithms for first-round interviews for high-paying jobs in industries often criticized for a lack of diversity. The approach yields more than three times as many Black and Hispanic candidates as companies may have considered using traditional resume screening algorithms.

Hiring as exploration

The third algorithm implemented a model that included ‘exploration bonuses’, which identifies candidates whose quality the firm knows the least about according to the firm’s existing data. It accounts for details such as having an unusual college major, different geographies, or unique work histories. This is referred to as ‘Hiring as Exploration‘, as the paper is called because you will never know if you don’t try. Using this third algorithm, researchers more than doubled the number of candidates who were Black or Hispanic. The first two algorithms, which used a so-called ‘standardized learning approach’, decreased the number of Black and Hispanic candidates.

Importance

The results highlight the importance of incorporating exploration in developing decision-making algorithms that are potentially both more efficient and equitable. When you incorporate exploration into the algorithm, you improve the quality of talent and hire more diverse candidates. Danielle Li, Lindsey R. Raymond and Peter Bergman warn that firms that continue to use static approaches in their algorithms risk missing out on quality applicants from different backgrounds.

You can find the paper here.

Tags: AlgorithmsbiasrecruitingRecruitmentrecruitment Algorithmsrecruitment bias

Receive a push message with a new article on Recruitmenttech.com.
You can unsubscribe at any time.

Unsubscribe
Previous Post

HR solutions company Emply joins Paychex/Lessor Group

Next Post

Find the right balance between human touch and technology

Erwin Hokken

Erwin Hokken

Related Posts

Recruitment technology and implementations: what makes a good implementation?
Insights

Recruitment technology and implementations: what makes a good implementation?

by Jasper Spanjaart
March 28, 2023
Markellos Diorinos (Bryq): ‘If companies don't make the best use of the people they already have, they’ll end up losing’
News

Markellos Diorinos (Bryq): ‘If companies don’t make the best use of the people they already have, they’ll end up losing’

by 1st Editor
March 20, 2023
Discover the latest recruitment software on 20 April in Mechelen (Belgium)
News

Discover the latest recruitment software on 20 April in Mechelen (Belgium)

by Recruitment Tech
March 15, 2023
Candidate engagement software Joboti acquired by Textkernel
News

Candidate engagement software Joboti acquired by Textkernel

by Recruitment Tech
March 15, 2023
zvoove Group acquires Austrian SaaS provider ProSolution: ‘Next step in continuous growth plan’
News

zvoove Group acquires Austrian SaaS provider ProSolution: ‘Next step in continuous growth plan’

by 1st Editor
March 13, 2023
Next Post
Find the right balance between human touch and technology

Find the right balance between human touch and technology

Minggo launches the very first prebuilt apps for recruitment

Minggo launches the very first prebuilt apps for recruitment

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Follow us on social

  • 73 Fans

Events calendar

  • Cities’ Identity Through Architecture and Arts (CITAA) – 7th Edition
    • 26/09/2023
  • Demo_Day 2023 Belgium
    • 20/04/2023
    • Mechelen
  • Geographic Perspectives on Climate Change Mitigation in Urban and Rural Environments
    • 29/01/2024
    • Lecce
  • all events
    • Contact
    • Privacy Statement
    • Cookie Policy

    © 2020-2021 Recruitment Tech Network | Europalaan 500 3526 KS UTRECHT, the Netherlands

    No Result
    View All Result
    • Home
    • Latest
    • Demo_Day 2021 – REPLAY
      • Register to watch replay
      • Program
      • Partners
      • Speakers
      • Frequently Asked Question (F.A.Q.)
    • Events calendar
      • Add an event
    • Subscribe to the email update

    © 2020-2021 Recruitment Tech Network | Europalaan 500 3526 KS UTRECHT, the Netherlands

    Welcome Back!

    Login to your account below

    Forgotten Password?

    Create New Account!

    Fill the forms below to register

    All fields are required. Log In

    Retrieve your password

    Please enter your username or email address to reset your password.

    Log In
    We use cookies on this site. Cookies are used, for example, to personalise content, offer video and social media tools and to analyse our website traffic (anonymously).
    Cookie settingsAccept all cookies
    Privacy & Cookies Policy

    Privacy Overview

    This website uses cookies to improve your experience while you navigate through the website. Out of these cookies, the cookies that are categorized as necessary are stored on your browser as they are essential for the working of basic functionalities of the website. We also use third-party cookies that help us analyze and understand how you use this website. These cookies will be stored in your browser only with your consent. You also have the option to opt-out of these cookies. But opting out of some of these cookies may have an effect on your browsing experience.
    Necessary
    Always Enabled

    Necessary cookies are absolutely essential for the website to function properly. This category only includes cookies that ensures basic functionalities and security features of the website. These cookies do not store any personal information.

    Non Necessary

    Any cookies that may not be particularly necessary for the website to function and is used specifically to collect user personal data via analytics, ads, other embedded contents are termed as non-necessary cookies. It is mandatory to procure user consent prior to running these cookies on your website.

    Analytics

    Analytical cookies are used to understand how visitors interact with the website. These cookies help provide information on metrics the number of visitors, bounce rate, traffic source, etc.

    Advertisement

    Advertisement cookies are used to provide visitors with relevant ads and marketing campaigns. These cookies track visitors across websites and collect information to provide customized ads.

    Save & Accept