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The App That’s Fixing Hiring
Hiring is broken …

              ✘  No improvement in
                         employee retention/
                         turnover in 30 years.1 

              ✘  Hiring mistakes are an
                         accepted norm.   

              ✘  50% of hires are
                         mistakes, each costing
                         ~2.5x salary. 2 

              ✘  Costing North American
                         companies $19M/minute. 


1Employee    Benefit Research Institute, 2006 ; HR.com, All-Time Low Employee Tenure Draining Knowledge.
2Charles   A. Handler, Ph.D. (2009) Using Technology to Support Informed Decision Making Within the Hiring Process; Peter Drucker.
Why?
                                                                                                

                       Validity in predicting job performance:
                                                             


                                        ✘  The success rate for
                                                       traditional hiring is
                                                                 only 14%.*




*Charles A. Handler, Ph.D. (2009) Using Technology to Support Informed Decision Making Within the Hiring Process; Peter Drucker.
What’s the fix?
                                                                                 

                         Validity in predicting job performance:
                                                               


             ü  The success rate
                         for job fit is 5x
                              better than
                      traditional hiring.* 




*Figures derived from research by US Dept. of Labor, McKinsey Consulting, Michigan State University's school of Business; Professor Mike Smith, University of Manchester, Au 1993; John E. Hunter and Ronda F.
Hunter , "Validity and Utility of Alternate Predictors of Job Performance", Psychological Bulletin, Vol. 96, N.1, 1984, p.90; Robert P. Tett, Douglas N. Jackson and Michell Rothstein, "Personality Measures as
Predictors of Job Performance; A Meta-Analytical Review", Personal Psychology, Winter 1991, p.703. Also US Department of Labor; Hewitt Associates; Gallup Management Journal; Dr. B Smart, Top Grading.
Charles A. Handler, Ph.D. (2009) Using Technology to Support Informed Decision Making Within the Hiring Process; Peter Drucker.
Our market: small business
                                       
        ✘  6.5M SMBs (with payroll) in NA,
                 employing ~70% of all people,
                 spending $60B/yr on hiring.

        ✘  75% of SMBs say finding/
                 retaining talent = #1 challenge.* 

        ✘  Solutions used by Fortune 500
                 employers are too bulky and
                 expensive … no job fit solution
                 exists for SMBs … they post
                 jobs, sort resumes manually,
                 and guess who fits … 



*Deloitte and the International Society of Certified Employee Benefit Specialists (ISCEBS) 2008, Authoria (a human
capital and performance management firm) 2009, and Achilles 2009 Group.
Having the Cure Isn’t Enough …
 … it’s about how consumable you make it.




    Traditional solution
            ClearFit
    ü  2-3 months set up
   ü  5 minute set up
    ü  $20,000-$100,000
    ü  Try it for free
We fix hiring
                      




The only solution that makes it easy for
anyone to find and hire the best person. 
                        
   "    Unique patented job fit engine that’s 

        proven to improve hiring success.

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Hiring is broken

  • 1. The App That’s Fixing Hiring
  • 2. Hiring is broken … ✘  No improvement in employee retention/ turnover in 30 years.1 ✘  Hiring mistakes are an accepted norm.   ✘  50% of hires are mistakes, each costing ~2.5x salary. 2 ✘  Costing North American companies $19M/minute. 1Employee Benefit Research Institute, 2006 ; HR.com, All-Time Low Employee Tenure Draining Knowledge. 2Charles A. Handler, Ph.D. (2009) Using Technology to Support Informed Decision Making Within the Hiring Process; Peter Drucker.
  • 3. Why? Validity in predicting job performance: ✘  The success rate for traditional hiring is only 14%.* *Charles A. Handler, Ph.D. (2009) Using Technology to Support Informed Decision Making Within the Hiring Process; Peter Drucker.
  • 4. What’s the fix? Validity in predicting job performance: ü  The success rate for job fit is 5x better than traditional hiring.* *Figures derived from research by US Dept. of Labor, McKinsey Consulting, Michigan State University's school of Business; Professor Mike Smith, University of Manchester, Au 1993; John E. Hunter and Ronda F. Hunter , "Validity and Utility of Alternate Predictors of Job Performance", Psychological Bulletin, Vol. 96, N.1, 1984, p.90; Robert P. Tett, Douglas N. Jackson and Michell Rothstein, "Personality Measures as Predictors of Job Performance; A Meta-Analytical Review", Personal Psychology, Winter 1991, p.703. Also US Department of Labor; Hewitt Associates; Gallup Management Journal; Dr. B Smart, Top Grading. Charles A. Handler, Ph.D. (2009) Using Technology to Support Informed Decision Making Within the Hiring Process; Peter Drucker.
  • 5. Our market: small business ✘  6.5M SMBs (with payroll) in NA, employing ~70% of all people, spending $60B/yr on hiring. ✘  75% of SMBs say finding/ retaining talent = #1 challenge.* ✘  Solutions used by Fortune 500 employers are too bulky and expensive … no job fit solution exists for SMBs … they post jobs, sort resumes manually, and guess who fits … *Deloitte and the International Society of Certified Employee Benefit Specialists (ISCEBS) 2008, Authoria (a human capital and performance management firm) 2009, and Achilles 2009 Group.
  • 6. Having the Cure Isn’t Enough … … it’s about how consumable you make it. Traditional solution ClearFit ü  2-3 months set up ü  5 minute set up ü  $20,000-$100,000 ü  Try it for free
  • 7. We fix hiring The only solution that makes it easy for anyone to find and hire the best person. "  Unique patented job fit engine that’s 
 proven to improve hiring success.