Human Resource

Big Data Renders College Diplomas Worthless; Billionaires Nonplussed

It used to be accepted without question that a college degree was necessary to get a good job, and over the course of a lifetime, you would make more money with a college degree than without one. But not so fast. Despite the propaganda put out by colleges who hope to profit off your matriculation, it turns out that the latest thing in hiring practices is to disregard the college degree altogether.

Companies like Xerox are hiring not based on your resume, which includes your degrees and work experience, but on a test they’ve devised which they claim is a better predictor of job performance. Xerox runs 175 call centers around the world. In all, the centers employ more than 50,000 customer service agents who deal with questions about everything from cellphone bills to health insurance.

Xerox was having a problem hiring the right people for the jobs and reducing turnover. So they hired a company to help them do a better job of finding the right people. This company studied the characteristics of those people already at Xerox who were successful at their jobs and came up with a test whose aim was to find new applicants with exactly those same characteristics.

The company, whose name is Evolv, tested prospective employees based on the data collected from employees already on the job and doing well. With these new techniques, Xerox says it has been able to improve its hiring and significantly reduce turnover at its call centers.

Read More

7 Comments
  1. gamefly 7 months ago
    Reply

    I am sure this post has touched all the internet users, its really
    really fastidious post on building up new website.

  2. minecraft download 7 months ago
    Reply

    There’s certainly a great deal to know about this subject.
    I really like all of the points you’ve made.

  3. ps4 games 2014-15 6 months ago
    Reply

    Hi to all, since I am genuinely eager of reading this website’s post to be updated on a regular basis.
    It consists of good stuff.

  4. Way cool! Some very valid points! I appreciate you penning
    this article and also the rest of the website is also really good.

  5. natalielise 4 months ago
    Reply

    Hi there, after reading this awesome paragraph i am as well cheerful to share my experience here with friends.
    pof natalielise

  6. quest bars cheap 2 months ago
    Reply

    Hi my family member! I wish to say that this post is amazing, nice written and come with approximately all
    important infos. I’d like to look extra posts like this .

  7. coconut oil our 1 week ago
    Reply

    I am sure this piece of writing has touched all the internet viewers, its really really nice post on building up new website.

Leave a Comment

Your email address will not be published.

You may also like

Pin It on Pinterest