HiringBranch Celebrates a Major Achievement in HR Technology
Lighthouse Research & Advisory has recently recognized HiringBranch for its groundbreaking Soft Skills AI™ by awarding it the title of Best Innovative or Emerging Tech Solution at the prestigious HR Tech Awards. This accolade highlights HiringBranch's commitment to integrating AI technology in the hiring process, providing organizations with the tools to effectively assess soft skills.
Groundbreaking Technology and Impact
With this victory following a remarkable $5 million Series A funding round and a staggering 330% growth in customers over the last two years, HiringBranch is positioned as a leader in the HR tech landscape. Their innovative assessments are designed to measure soft skills through real conversations, allowing employers to gain deeper insights into candidates' potential success.
Transformative Client Experiences
According to Ben Eubanks, Chief Research Officer at Lighthouse Research & Advisory, the technology offered by HiringBranch has led to significant breakthroughs for its clients. He points to a major telecom firm that was able to reduce assessment times by 50% and achieve a remarkable 90% cut in 90-day attrition. This illustrates how HiringBranch's Soft Skills AI not only enhances efficiency but also ensures the hiring of quality candidates, particularly in high-volume hiring situations.
The Recognition Significance
The HR Tech Awards honor only the top 1% of companies in the HR technology sector each year, making this recognition particularly special for HiringBranch. CEO Stephane Rivard expressed gratitude for the award, stating that it signifies the company's growing impact in the enterprise market and reinforces the efficacy of their skills-based hiring approach for customer-facing roles. This recognition affirms organizations' confidence in using their innovative technology.
Guiding Employers in Selection
Each year, numerous employers consult the HR Tech Awards to navigate their solution selection process, aiming to choose technology that is both impactful and innovative. The process ensures that organizations are equipped with the best solutions available in the market, reflecting the continuous evolution of HR tech.
About HiringBranch
Hiring assessments have evolved over time, and HiringBranch stands at the forefront with its unique AI-based assessments tailored to measure soft skills. Traditional multiple-choice assessments fail to capture the intricacies of human skills, whereas HiringBranch's open-ended approach provides a more accurate evaluation. Major companies, including various Fortune 1000 firms and contact centers, utilize HiringBranch's tools to reduce interview times by over 80%, achieving incredibly low mis-hire rates.
Founded by industry visionaries Patricia Macleod and Stephane Rivard, HiringBranch is headquartered in Canada, proudly serving high-volume hiring firms like Bell Canada and Infosys. The company remains committed to reshaping the landscape of hiring with innovative solutions that address modern challenges.
Frequently Asked Questions
What is HiringBranch known for?
HiringBranch specializes in AI-driven assessments that measure soft skills through conversational analysis, becoming a leader in HR technology.
What award did HiringBranch recently win?
HiringBranch won the Best Innovative or Emerging Tech Solution at the HR Tech Awards for its Soft Skills AI™ technology.
How has HiringBranch impacted its clients?
Clients have reported significant reductions in assessment time and attrition rates, leading to more efficient and successful hiring processes.
What distinguishes HiringBranch’s assessments?
Their open-ended, scenario-based assessments provide a realistic job preview, effectively evaluating candidates' potential fit for roles.
Who are some of HiringBranch's notable clients?
Among its clients are major companies such as Bell Canada and Infosys, showcasing its reach and effectiveness in high-volume hiring scenarios.
