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What is Searchlight.ai?

Searchlight delivers essential data and actionable insights that facilitate the customization of our sourcing processes, allowing us to efficiently pinpoint the most fitting candidates and refine our onboarding methods. In the past, collecting such information could stretch beyond a year, but with Searchlight, we have managed to reduce this time frame by 80%. Within just one quarter, we have implemented a system that took over a year to create at my previous organization, generating over $3 million in extra revenue as a result. Moreover, Searchlight is elevating our capabilities from simply predictive analytics to also include prescriptive analytics. By leveraging the AI functionalities of Searchlight, we can now tap into a comprehensive range of people analytics, which encompasses descriptive, diagnostic, and predictive analytics. Furthermore, by employing Searchlight's standardized Quality of Hire formula, we gain valuable insights into the caliber of our hires. This allows us to evaluate trends in hiring quality and employee retention through various metrics, including departments, managers, and geographic areas, which ultimately refines our overall recruitment approach. This innovative methodology significantly reshapes our understanding and enhancement of workforce dynamics, paving the way for a more effective hiring strategy. As a result, our organization is better equipped to meet the challenges of talent acquisition in today's competitive landscape.

What is Restless Bandit?

Restless Bandit collects and evaluates millions of resumes and job listings annually to develop its sophisticated Talent Rediscovery models, serving as an essential tool for analyzing the intricacies of the labor market. This dataset mainly encompasses data related to white-collar jobs, with the current study drawing upon 19,258,407 distinct resumes. To effectively classify these resumes into industry categories, the data science team at Restless Bandit utilized a vector space model to assess similarities among companies based on the resumes they received. By analyzing countless documents, observable trends emerge that reveal which firms typically seek out comparable talent. For example, Eli Lilly is known to regularly recruit individuals from a specific group of companies, which includes Merck and Novartis. Organizations that demonstrate similar hiring tendencies are grouped into particular industry segments for further analysis. Although there is a wealth of information available to evaluate diversity metrics for each company within the Global 2000, this report will primarily focus on industry segments to maintain the confidentiality of corporate data. This targeted methodology not only preserves the anonymity of individual companies but also enhances the understanding of broader trends across various industries. Ultimately, this approach seeks to balance the need for insightful analysis with the protection of sensitive information.

Media

Media

Integrations Supported

Greenhouse
ADP HR Assist
Ashby
BambooHR
Coda
Gmail
Google Workspace
Gusto
Jit
Lever
Microsoft Outlook
Namely
Okta
Oracle Taleo
Rippling
Slack
SmartRecruiters
Workday Recruiting
Zenefits

Integrations Supported

Greenhouse
ADP HR Assist
Ashby
BambooHR
Coda
Gmail
Google Workspace
Gusto
Jit
Lever
Microsoft Outlook
Namely
Okta
Oracle Taleo
Rippling
Slack
SmartRecruiters
Workday Recruiting
Zenefits

API Availability

Has API

API Availability

Has API

Pricing Information

Pricing not provided.
Free Trial Offered?
Free Version

Pricing Information

Pricing not provided.
Free Trial Offered?
Free Version

Supported Platforms

SaaS
Android
iPhone
iPad
Windows
Mac
On-Prem
Chromebook
Linux

Supported Platforms

SaaS
Android
iPhone
iPad
Windows
Mac
On-Prem
Chromebook
Linux

Customer Service / Support

Standard Support
24 Hour Support
Web-Based Support

Customer Service / Support

Standard Support
24 Hour Support
Web-Based Support

Training Options

Documentation Hub
Webinars
Online Training
On-Site Training

Training Options

Documentation Hub
Webinars
Online Training
On-Site Training

Company Facts

Organization Name

Searchlight.ai

Company Location

United States

Company Website

www.searchlight.ai/quality-of-hire

Company Facts

Organization Name

Restless Bandit

Date Founded

2014

Company Location

United States

Company Website

www.restlessbandit.com

Categories and Features

Reference Check

Audio References
Bulk Reference Request
Candidate Scoring
Completion Alerts
Email / Online
Mobile Access
Reminders
Reporting/Analytics
Survey Builder
Survey Library
Video References

Categories and Features

Recruiting

Assessments
Background Screening
CRM
Interaction Tracking
Internal HR
Interview Management
Job Board Posting
Job Requisition
Onboarding
Recruiting Firms
Reference Checking
Resume Parsing
Self Service Portal

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