Oleeo Launches Intelligent Recommendation Platform to Foster Diversity and Compliance in High-Volume Recruiting Events
LAS VEGAS, September 11, 2018 (Newswire.com) - Oleeo, the award-winning provider of innovative talent acquisition technology, today announced the integration of built-in prescriptive recommendations to its Event Management, CRM and ATS products. Built on 120 data points derived from candidates’ resumes and profiles to foster diversity and accelerate candidate selection, the intelligent algorithm is optimized to ensure no adverse selection in compliance with established EEOC selection rates. The customized algorithms elegantly handle high-volume automation and deliver at-a-glance qualified, quality candidate recommendations critical to recruiting success in large-scale hiring events.
Oleeo’s Fortune 100 beta customers leveraging the new prescriptive recommendation engine are currently experiencing:
Increasingly, companies want to do the right thing when it comes to fostering diversity from the start of the recruiting process. In terms of compliance, however, we've seen companies don't have standard processes in place to ensure they are meeting set standards. Our newly-released algorithms will help companies shift from being reactive to proactive in balancing the need to accurately and quickly identify high-quality candidates while simultaneously ensuring compliance.
Charles Hipps, founder and CEO, Oleeo
● Speed - 40% time savings when selecting candidates for interviews. Oleeo’s algorithms reduce the average time it takes to review a resume from two minutes to just seconds.
● Diversity - 11% increase fostered by the prescriptive recommendation. Companies can provide an equal opportunity to the entire candidate pool by ensuring no disparate impact and stay in compliance with the established EEOC selection rates. The algorithms are optimized for high-performance matching. In addition, recruiters can monitor anonymized data insights on gaps in diversity pools and focus attraction efforts on obtaining better representation without sacrificing quality.
● Source - 10% increase uncovering strong candidates from new sources, who are typically overlooked by the manual process, with the algorithms looking at all candidates regardless of source.
For more information visit Oleeo booth #1548 at HR Technology Conference and Expo 2018 or www.oleeo.com
About Oleeo
Oleeo, formerly WCN, is an award-winning provider of innovative talent acquisition technology. Built using intelligent automation and machine learning, Oleeo’s platform helps companies discover unlimited sourcing potential to attract, engage and hire amazing, diverse teams that change the world for the better. Our mission is to help recruiters do that faster and more efficiently than ever before - www.oleeo.com - Twitter: @oleeo_ Facebook: https://www.facebook.com/oleeo.tech
###
Press Contacts
[US Queries]Jenny Olson
mPR, Inc. for Oleeo
jenny@mpublicrelations
310.773.2568
[Rest of World Queries] David Brewer
Energy PR for Oleeo
david@energypr.co.uk
+44 (0) 1993 823011
Source: Oleeo