Country for PR: China
Contributor: PR Newswire Asia (China)
Thursday, February 10 2022 - 00:30
AsiaNet
Phai Labs, the R&D arm of PredictiveHire, announces a world-first algorithm to deliver unmatched accuracy and explainability in language based job assessments.
MELBOURNE, Australia, Feb. 9, 2022 /PRNewswire-AsiaNet/ --

PredictiveHire<https://www.predictivehire.com/>, the creator of the world's 
Smartest Interviewer, today announced its world-first innovation - 
InterviewBERT - which uses Google's model for Natural Language Processing (NLP) 
to understand the contextual meaning of words in written job interviews.

The Phai Labs team adapted BERT (Bidirectional Encoder Representations from 
Transformers), the best-in-class  natural language pre-training algorithm in 
the world, to create InterviewBERT  by applying PredictiveHire's proprietary 
data set of over 330 million words gathered from 1.2 million candidates 
applying for jobs across 47 countries.

The result is a best-in-class algorithm for understanding the contextual 
meaning of words in interview responses that cements Phai, the chatbot powered 
by InterviewBERT, as the smartest interviewer on the market. 

Phai is not a simple chat-bot that automates question-answer tasks with keyword 
matching, and is capable of discovering personality traits and communication 
skills all from a candidate's written text. 
PredictiveHire is in a unique position to innovate in this area because of its 
proprietary data set accumulated through Phai conducting a Smart Interview 
every 30 seconds, combined with the deep expertise of the Phai Labs team that 
has meant Phai can assess the suitability for a role in milliseconds.
PredictiveHire CEO Hyman said the innovation meant that the company could claim 
to be the market leader when it came to accurately determining the suitability 
of candidates using text-based interviews.

"The smartest companies know that the fairest and most accurate way to assess 
someone's suitability for a role is through a structured Interview. Text 
increases  accuracy and speed of assessing candidates  while removing biases 
that come through voice or video interviews," Hyman said. 

Dr Buddhi Jayatilleke, who heads up the R&D team at Phai Labs and is the 
company's Chief Data Scientist,  said the team were excited at the finding that 
InterviewBERT had such a profound impact on trait accuracy.

"Written language encodes personality signals predictive of "fit"," Dr 
Jayatilleke said. "The ability to understand people through language has 
limitless applications and we are excited to keep inventing more ways to use 
language data for our customers. "

Dr Jayatilleke said  decades of research had confirmed  that language has long 
been seen as a source of truth for personality. 

"What our R&D team has proven is just how powerful language data is when you 
combine it with enormous data volumes and scientific rigour," he said.
"This capability can be used for assessment and for offering personalised 
career coaching - a game changer for job seekers, universities, and employers."

Phai Labs  will present their findings from their  latest research  paper  on 
"Identifying and Mitigating Gender Bias in Structured Interview Responses" at a 
SIOP (The Society for Industrial and Organizational 
Psychology)<https://www.siop.org/> symposium in April. 

PredictiveHire's customers include global brands like the Qantas Group and 
Afterpay.

About PredictiveHire

PredictiveHire's mission is to help companies unlock and engage talent at 
scale. Using the world's first Smart Interviewer, powered by the world's 
largest source of 1st party proprietary text data and advanced Natural Language 
Processing, we turn simple text conversations into unprecedented talent 
intelligence enabling organisations to interrupt hiring bias at scale, get to 
the right talent fast and give every candidate an experience they love. 

SOURCE  PredictiveHire