Launch Announcement of PeopleFactors Pre-hire Assessment Solution

Improves retention and eliminates bias in hiring

BOSTON, Oct. 28, 2020 — PeopleFactors today announced the launch of a new HR
pre-hire assessment and screening solution designed with a unique approach to
accurately predict and identify candidates with leadership potential. The new HR
solution uses multi-dimensional assessments and AI-based algorithms to create
recommendations and reports on candidates with objective data, to help
companies hire better leaders while also improving retention and eliminating bias
in the hiring process.

PeopleFactors’ pre-hire assessment solution uses a wide domain of characteristics
to measure leadership potential, helping HR teams improve candidate screening
and selection based on objective data. The assessment software helps companies
screen candidates and then select from among the leading candidates, by
providing an array of tools that provide a roadmap of the candidate’s soft skills
and capabilities. Its multiple assessment reports provide insights on each
candidate, including reports on their personality, cognitive ability, critical
reasoning, management style and motivations, along with interview guides and
development roadmaps.

“Leadership is critical, from the C-Suite to front-line managers. The way most
companies approach hiring today relies on subjective means of assessing cultural
fit and leadership soft skills, with hiring practices that result in high turnover, poor
team performance and low employee engagement,” said Charlie Atkinson, CEO
and Founder of PeopleFactors. “Our solution delivers multi-dimensional pre-hire
assessments to better screen and select candidates that will be successful leaders
at all levels of your organization, including accurately predicting what your
successful hires will look like and helping you find and hire those candidates.”

He added, “Unlike other assessment solutions that focus only on personality,
PeopleFactors provides much broader evaluations that also look at cognitive
ability, styles, motivations and more in an integrated way.”

Eliminates Bias in Hiring

PeopleFactors was founded with a mission to deliver an international hiring
solution that overcomes the unconscious bias and helps organizations to widen
their talent pools and become more diverse organizations. Thirty-five years of
research into global leadership has resulted in assessments that are applicable to
leaders around the world and do not discriminate based on gender, ethnicity or
culture. The PeopleFactors’ assessments have been reviewed by the American
Psychological Association and the British Psychological Society and validated with
thousands of leaders from more than 40 countries, with specific algorithms for
leadership levels from supervisor to executive-level managers.

Delivers Hiring Success for its Customers

PeopleFactors has customers worldwide including Capgemini, Starbucks, Imperial
Brands and Asahi, helping them hire leaders at all levels of their organizations.

“PeopleFactors is central to our leadership hiring process in EMEA,” said Euan
James, Senior Manager Talent Acquisition, Starbucks. “Its objective, science-based
assessments help us hire better leaders across our support centre organization.
No other approach comes close to accurately identifying people that are the right
leadership fit for Starbucks, and providing our HR team with the tools it needs to
be successful.”

PeopleFactors Product Offerings: Screening and Selection

*Screening assessments: Tailored to cover a wide range of different
scenarios, and allows organizations to gain insights exceeding what they
could learn in 10 hours of interviews.

*Selection assessments: Provide a comprehensive evaluation of a
candidate, including Fit for Level, Future Potential, Development Needs,
Interpersonal skill, General Reasoning, etc.

In addition to the screening and assessment modules, PeopleFactors includes
interview guides and post-hire development recommendations. The interview
guides are based on assessment findings, and include specific probes, questions
and means of understanding the interview responses. For post-hire,
PeopleFactors offers development recommendations for the hiring manager to
integrate into the onboarding process.

PeopleFactors assessments are available on a pay-as-you-go basis, or by annual
subscription with unlimited assessment usage. Subscriptions provide access to an
administration and analytics platform as well as a full suite of API’s to support
integration with third party ATS, LMS and other HR systems.

About PeopleFactors

PeopleFactors was founded by recruiting HR consultant Charlie Atkinson, who has
more than 20 years of experience in HR consultancy and building HR systems and
technology to help businesses identify and develop their people talent. The
company, a wholly-owned subsidiary of hfi, has conducted tens of thousands of
assessments across hundreds of clients, and its team has unmatched scientific
and business expertise. Headquartered in Boston, PeopleFactors has customers
worldwide including Capgemini Starbucks, Imperial Brands and Asahi. Learn more
about PeopleFactors at https://www.peoplefactors.com

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For more media information, contact:
Lisa Hendrickson, LCH Communications for PeopleFactors
lisa@lchcommunications.com/516-767-8390