pymetrics: using science + technology to improve recruiting for all

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use science to match candidates + companies

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Using proven neuroscience and big data, pymetrics matches candidates to jobs and companies where they'll perform at the highest levels. We assess career aptitude in candidates with proprietary neuroscience games, the latest scientific innovation in cognitive and personality assessment. We create data-driven profiles from top employees’ performance on the games to find top-suited job candidates. Companies using pymetrics see massive efficiency gains in recruiting and overall performance management, and employees have fun in the process too!

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Page 1: pymetrics: using science + technology to improve recruiting for all

use science to match candidates + companies

Page 2: pymetrics: using science + technology to improve recruiting for all

information overload 250 resumes : 1 job time spent per resume: 6 s

poor information “all resumes look the same” “do GPA/test scores matter? ”

>60% applicants cut at resume stage

high cost of turnover <200% of employee’s annual salary lost

high turnover rate 30-50% of candidates fail within 1st year

current recruiting process

Page 3: pymetrics: using science + technology to improve recruiting for all

perils of the job search

“Does anyone even look at my resume?”

“How do I know which job is right for me?”

“I think my resume just goes into a black hole.”

Page 4: pymetrics: using science + technology to improve recruiting for all

the pain is felt by companies too “all resumes look the same!”

“are we missing top candidates?”

“will this person be a cultural fit?”

“we want more diverse candidates!”

“do test scores and GPAs really predict job performance?”

Page 5: pymetrics: using science + technology to improve recruiting for all

everything in our lives is now personalized

personalizes your movie choices

personalizes your date selection

personalizes your shopping

Page 6: pymetrics: using science + technology to improve recruiting for all

but not the job search

experience

Page 7: pymetrics: using science + technology to improve recruiting for all

Careers Dating

Listings

Search

Matching

web 3.0: LinkedIn + OkCupid

Page 8: pymetrics: using science + technology to improve recruiting for all

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fun

pymetrics makes recruiting

simple

personalized

efficient

Page 9: pymetrics: using science + technology to improve recruiting for all

assessment through

neuroscience

by improving it with

matching through data science

+

Page 10: pymetrics: using science + technology to improve recruiting for all

neuroscience games to assess candidates

data science algorithms to predict company + career fit

the science behind platform

Page 11: pymetrics: using science + technology to improve recruiting for all

candidates assessed using games that cannot be faked

no self-report questionnaires!

Page 12: pymetrics: using science + technology to improve recruiting for all

cognitive emotional

processing speed pattern recognition risk profile trust

continuous attention

ability to avoid distraction reward sensitivity altruism

impulsivity cognitive control perseverance tolerance for ambiguity

working memory planning emotional sensitivity

ability to delay gratification

memory span sequencing emotional identification

learning from feedback

cognitive flexibility learning creativity learning from

mistakes

assessment factors

50 key cognitive + emotional traits

Page 13: pymetrics: using science + technology to improve recruiting for all

we build

data-driven profiles from successful employees to recommend similar candidates

Page 14: pymetrics: using science + technology to improve recruiting for all

company candidates

neuroscience games for assessment

employees take tests

candidates take tests

data science for profiling

job /company profiles built

candidate profile

generated

marketplace for matching match made

1

2

3

profiles built + matches made

Page 15: pymetrics: using science + technology to improve recruiting for all

supercharge your resume screenings

using pymetrics instead of resume review found students who were

to end up getting an offer than the average student

3x more likely

cost savings:

~$50K

Page 16: pymetrics: using science + technology to improve recruiting for all

adding pymetrics to resume review increased the yield of interview

to offer by 2x

select better candidates to interview

cost savings:

~$440K

Page 17: pymetrics: using science + technology to improve recruiting for all

don’t miss top talent

35% of candidates rejected at screening went to work for competitors

pymetrics cut the rate

to 10%

Page 18: pymetrics: using science + technology to improve recruiting for all

0%

20%

40%

60%

80%

100%

firm's actual rate using pymetrics consulting profile

~$1.6M in savings for intern program costs and

recruitment of replacements

find interns more likely to convert

% conversion of summer associates to full-time hires

firm’s actual rate

pymetrics top fit rate

Page 19: pymetrics: using science + technology to improve recruiting for all

measure cultural fit

0%

20%

40%

60%

80%

100%

pymetrics identifies which candidates will be a better cultural fit

rd 1 rejects hired by competitors

offers declined

offers accepted

Page 20: pymetrics: using science + technology to improve recruiting for all

increase diversity

•  students at schools you don’t currently recruit

•  students who may not apply through standard channels

•  students whose resumes

are non-traditional

•  organizations fostering diversity in the workplace

we test our models

to ensure no gender

or ethnic biases

Page 21: pymetrics: using science + technology to improve recruiting for all

a personalized marketplace where

students discover new companies +

careers companies source new candidates

Page 22: pymetrics: using science + technology to improve recruiting for all

22

students come for career assessment

Page 23: pymetrics: using science + technology to improve recruiting for all

companies discover students companies source fit students who might not otherwise apply

who are at schools a company might not normally access

students discover careers

companies source top-fit candidates

pymetrics marketplace

we market to students

who get

general career suggestions

who are

matched with companies that have pymetrics

profiles

Page 24: pymetrics: using science + technology to improve recruiting for all

who we are

Julie Yoo, PhD Co-Founder, CSO

Frida Polli, PhD, MBA Co-Founder, CEO

team

Matthew Malter Cohen, PhD Head of Data Product

Jessica Barrett, MBA Head of BD/Marketing

John Salvatore, Lead Developer Fedor Garin Lead Developer

investors

Bob Pittman

clients + partners

press

Naveed Jooma Lead Developer

Page 25: pymetrics: using science + technology to improve recruiting for all

25

25k

25

15

schools

users

industry profiles

company profiles

Northwestern U of Chicago UMich @ Ann Arbor

Brandeis Brown Dartmouth Harvard MIT

UVA Duke Emory

University of Texas @ Austin

Stanford UC Berkeley UCLA

Columbia Cornell NYU, UPenn Princeton Yale

Carnegie Mellon Indiana U @ Bloomington

roll out to 20 additional schools in fall 2014

progress to date