Press Coverage

HiringBranch secures $2.5M to modernize legacy hiring processes.

October marked a significant juncture as fourteen promising HrTech startups, including HiringBranch, secured a remarkable $331 million in funding. This financial influx has opened up new horizons for these startups, allowing them to expand their operations and explore fresh development avenues.

Employers want to find the best candidates for the roles they’re hiring for in the least amount of time without increasing the risk and costs associated with bad hires. Screening and interviewing are both tools in the hiring toolbox that allow employers to identify suitable candidates. These mechanisms aren’t without their own limitations. That is, they can have unintended consequences and actually cost employers more time and money and/or increase their risk as an organization with bad hires. Let’s take a look at the following five pitfalls where employers can go wrong when it comes to screening and interviewing, in this article from HiringBranch CEO, Stephane Rivard.

HR.com releases an annual report featuring state-of-the-industry insights that are published in their High-Volume and Hourly Hiring Report. The insights are also presented in a virtual webcast event, and summarized in one convenient infographic. As proud sponsors of this important research-based event, we hope high-volume recruiters can gather some steam from these industry insights and supercharge their hiring strategies for the year to come.

Companies like Walmart, IBM, and even the state of Maryland have removed degree requirements in favor of skills-based hiring. This trend is the most pronounced in the U.S., UK, and Australia. What’s driving all the hype? Proof that it works. New data suggests that skills-based hiring can be especially effective for high-volume recruiters. Find out how well by looking at data from over 5,000 candidates hired using a skills assessment.

If hard skills are the technical competencies, degrees, certifications, and experience that a person has, soft skills are everything else that can make a candidate successful on the job. Too often, hard skills get all the glory - in our education, on CVs, and in the minds of hiring teams - yet soft skills account for 85% of job success. Read why hiring teams should be measuring soft skills, especially to attract hidden talent in this article from HiringBranch CEO Stephane Rivard.

Stephane talks about the “No Interview” model and how skills-based hiring assessments are taking over.

HiringBranch is extremely proud to be a finalist in the Best Workplace or Talent Assessment Project category at the 2024 e-assessment awards, for our entry, titled Skill Assessment Implementation Leads to 400% Reduction in Bad Hire Rate. For the award submission, HiringBranch zoomed in on bad hire rates within one global organisation that employs more than 100,000 people. Our research team looked at a sample of nearly 1000 employees who were hired by this company and who also took the HiringBranch assessment during the evaluation phase of their candidacy.

Organizations that have a way to assess and even hire based on the presence of key customer service skills will have better on-the-job performance from employees. Here’s why skills-based hiring makes a ton of sense for contact centers that are hiring customer service agents.

Awards and Recognition

HiringBranch has been officially recognized as the winner of the Lighthouse Advisory HR Tech awards in the Talent Acquisition Technology: Best Advance in Practical AI. Ben Eubanks, the Chief Research Officer at Lighthouse Research & Advisory, explains first-hand why HiringBranch was selected: “What if your company could predict which candidates would be high quality before they ever got through the front door? This is the hope of most employers, but many haven't figured out how to make it happen. HiringBranch doesn't just claim this--they offer a guaranteed improvement on employee KPIs, which proves that their AI is about results, not hype. Companies with high volume needs should definitely take a look."

HiringBranch has been named as one of six finalists in the skills assessment category for the 2024 In-house Recruiter Awards! Following careful consideration and review by an expert panel of 12 judges, they were selected as a supplier whose "dedication and innovative approaches stood out from the rest."

HiringBranch is extremely proud to be a finalist in the Best Workplace or Talent Assessment Project category at the 2024 e-assessment awards, for our entry, titled Skill Assessment Implementation Leads to 400% Reduction in Bad Hire Rate. For the award submission, HiringBranch zoomed in on bad hire rates within one global organisation that employs more than 100,000 people. Our research team looked at a sample of nearly 1000 employees who were hired by this company and who also took the HiringBranch assessment during the evaluation phase of their candidacy.

Press Releases

CIBC Innovation Banking Provides $2.5M of Growth Capital to HiringBranch

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HiringBranch Joins AWS Partner Network Bringing Skills-Based Hiring AI to AWS Telecommunications, FinTech, and Contact Center Customers

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HiringBranch Language Model Shows 32-50% More Accurate Soft Skill Measurement Than LLMs

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HiringBranch Secures $5M to Scale the World's First Soft Skills AI

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HiringBranch Wins Best Innovative or Emerging Tech Solution Among Top 1% of HR Technology

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Unbiased Hiring Decisions with the HiringBranch Soft Skills AI™ Assessment

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