Companies are missing out on great candidates
Rena started Meytier after two decades in technology and technology services companies. She realized that companies were mostly well-intentioned in wanting to hire and retain women, yet there seemed to be no technological solutions to this problem.
She saw that companies miss out on great candidates for multiple reasons:
- They aren’t looking in the right places or in the right ways.
- The real substance of the job is not well defined.
- Overstuffed job descriptions deter women from applying.
- Women are culturally conditioned to understate their case – they don’t claim their accomplishments or skills at the same rate as men.
- They may face unconscious bias during the interview stage.
- There’s not much standardized evaluation of job candidates.
So Rena built an end-to-end technology platform to bring more women into organizations where they are underrepresented. The platform helps companies find qualified female candidates, write a job description that does not deter those candidates, screen candidates in a way that reduces bias, and implement more standardized approaches to hiring. It can even look for “latent potential” – skills that the candidate may not explicitly state on their resume or cover letter.
Using advanced AI technology to make equitable hiring decisions
In her work with job applicants, Rena has found that there are two questions they can ask themselves to better claim their real capabilities and accomplishments:
- How would someone else describe you as an employee?
- What would your boss say about you?
The answers to these questions are often difficult for AI-based software to quantify because they are what we call “unstructured data.” But Meytier has actually found a way to get this data into their platform so they can create more holistic profiles of job candidates.
Friday Coffee Talk from Planet Fair is a YouTube series of video chats and interviews co-hosted by PayAnalytics founder Margrét Bjarnadóttir and Henrike Von Platen, founder and CEO of the FPI Fair Pay Innovation Lab in Berlin.