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AI in Hiring: From Microsoft to Humanly's Recruitment Solutions
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Prem Kumar, CEO and co-founder of Humanly, shares how the company helps hiring teams screen, schedule, and interview candidates efficiently and equitably. Focusing on early hiring stages, Humanly aims to address biases and improve the candidate experience. Kumar shares insights from building the company, highlighting the importance of responsible AI and the right features. He discusses retention, employee engagement, and challenges in high-volume recruiting, offering advice to aspiring entrepreneurs to overcome fears and take action.
Takeaways:
🤖 Candidate Engagement: Candidates appreciate the opportunity to engage with a chatbot rather than being ignored.
⚖️ Fair Screening: Humanly focuses on providing a standardized and efficient screening process, ensuring equity and fairness.
🌐 Ethical AI: The company aims to be a leader in responsible and ethical AI in the recruiting space.
🌈 Inclusivity: Reducing bias in the hiring process can create a more inclusive workforce.
🏅 Team Culture: Mentorship and building a strong team culture are crucial for success.
Resources:
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Humanly
Connect with Prem: LinkedIn, @PremKumarTweets
About Prem:
Prem Kumar is currently the CEO and co-founder of Humanly.io, a venture-backed generative AI platform that empowers hiring teams to have more effective and equitable job candidate conversations. The process should be driven by humans while automating only essential tasks. He has previously led product management and design teams at TINYpulse, an employee engagement company focused on real-time people data for building world-class cultures in organizations. Before his time at TINYpulse, Prem spent 10 years at Microsoft working in various product capacities including HR Technology, New Ventures, Dynamics 365, and Office 365. In recognition of his work, he has received several honors such as Geekwire's "Startup CEO of the year - 2023", being named a PSBJ 40 under 40 honoree, Forbes NEXT 1000 honoree, TAtech Top 100 leader, Top-100 HR Influencer, and was listed on "The Most Inclusive HR Influencer List" in 2021 by Social Micole.
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Who is Joan?
Ranked the #4 in Voice AI Influencer, Dr. Joan Palmiter Bajorek is the CEO of Clarity AI, Founder of Women in Voice, & Host of Your AI Roadmap. With a decade in software & AI, she has worked at Nuance, VERSA Agency, & OneReach.ai in data & analysis, product, & digital transformation. She's an investor & technical advisor to startup & enterprise. A CES & VentureBeat speaker & Harvard Business Review published author, she has a PhD & is based in Seattle.
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Chapters
1. Introduction and Overview (00:00:00)
2. Humanly's Role in High Volume Hiring (00:03:49)
3. Working with Mid-Market Companies (00:04:57)
4. Categorizing Candidates and Providing Outcomes (00:06:37)
5. Improving Candidate Experience and Equity (00:08:33)
6. Building Humanly and Surprises Along the Way (00:11:43)
7. Addressing Inequities in Interviews (00:12:50)
8. Building the Right Features and Product Market Fit (00:14:27)
9. Humanly's Series A Funding and Growth (00:17:59)
10. Using AI Technology for Effective Conversations (00:21:23)
11. Guardrails for Responsible and Ethical AI (00:22:15)
12. Career Path and Early Experiences (00:27:04)
13. Interest in Technology and HR (00:27:30)
14. Informatics Degree, Interdisciplinary Opportunities, Practical Experience (00:31:06)
15. Background and Early Career at Microsoft (00:33:09)
16. "ThinkWeek" and Prem's Transition to HR Tech (00:33:44)
17. The Importance of Retention and Churn, and Reverse Mentorship (00:35:37)
18. Leaving Microsoft and Starting Humanly (00:41:08)
19. Startup Experience at Tiny Pulse (00:42:39)
20. Building the Humanly Team (00:46:18)
21. Standardized Screening for Fair Hiring (00:50:16)
22. Team Culture and Hiring Beyond Technical Skills (00:52:45)
23. Future Goals and Value-Aligned Customers (00:54:52)
24. Prem's Advice for Aspiring Entrepreneurs (00:56:20)
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