Launchpad provides video-led technology and HR analytics to help companies make more efficient and effective hiring decisions. Their solution involves candidate video assessments and machine learning algorithms to monitor reviewers and identify bias, maximizing consistent scoring. This improves selection quality while reducing costs from attrition and a longer, more complex hiring process. Launchpad's system has led to measurable benefits for clients like reduced time-to-hire, lower cost-per-hire, and improved employee engagement, diversity, and candidate experience.

1. W E A R E
V I D E O - L E D T E C H N O L O G Y A N D
H R S A A S - B A S E D D ATA A N A LY T I C S

2. 1 www.launchpadrecruits.com
The Business Problem
© 2015 LaunchPad. All rights reserved | Nov 2015 | Confidential – Not for redistribution
How do we achieve better and more
efficient hiring decisions, while
improving candidate engagement?

3. 2 www.launchpadrecruits.com
The Business Problem
© 2015 LaunchPad. All rights reserved | Nov 2015 | Confidential – Not for redistribution
BUDGET +
RESOURCE
HIRING VOLUME
HIRING QUALITY
TIME TO HIRE
COST TO HIRE
DIVERSITY GOALS

4. 3 www.launchpadrecruits.com
THE GOAL OF RECRUITMENT
© 2015 LaunchPad. All rights reserved | Nov 2015 | Confidential – Not for redistribution
REJECT HIRE
GOOD FIT
SHOULD HAVE HIRED
HIDDEN GEMS

Ideally all hiring decisions
are made here
POOR FIT 
Ideally all candidate rejections
are made here
SHOULD NOT HAVE HIRED
MIS-HIRES

5. 4 www.launchpadrecruits.com
MISSING THE HIDDEN GEMS
© 2015 LaunchPad. All rights reserved | Nov 2015 | Confidential – Not for redistribution
INITIAL SCREENING
HR ASSESSMENT
HIRING MANAGER
INTERVIEWS
OFFERS MADE
OFFERS ACCEPTED

6. 5 www.launchpadrecruits.com
COSTS OF A MIS-HIRE
© 2015 LaunchPad. All rights reserved | Nov 2015 | Confidential – Not for redistribution
“A single mis-hire costs UK
PLC
4 to 14 times base salary”
Source: CIPD & Top grading, Brad Smart
SEVERANCE
HIRING
COSTS
OPPORTUNIT
Y LOSS
MAINTENANC
E
DISRUPTION
COSTS
COMPENSATION

7. 6 www.launchpadrecruits.com
40%
14%
22%
14%
12%
11%
43%
49%
37%
34%
30%
23%
17%
37%
41%
53%
58%
66%
0% 20% 40% 60% 80% 100%
Never apply to company again
Not accept job offer
Tell others not to apply to company
Negative Glassdoor review
Not buy company's products
Tell others to not buy company's products
Much more likely Somehwat more likely No effect
CANDIDATE EXPERIENCE
© 2015 LaunchPad. All rights reserved | Nov 2015 | Confidential – Not for redistribution
Poor candidate
experience
increases costs of
attraction and
selection due to
higher candidate
drop out rates at
each stage of the
process
Source: Software Advice 2015

8. 7 www.launchpadrecruits.com
TIME TO HIRE
Your time to hire
Alternative organisation time to hire
Alternative organisation time to hire
Alternative organisation
time to hire
Longer time to hire
increases costs of
attraction and
selection due to
qualified candidates
taking other roles
© 2015 LaunchPad. All rights reserved | Nov 2015 | Confidential – Not for redistribution

9. 8 www.launchpadrecruits.com
THE IMPORTANCE OF SELECTION
© 2015 LaunchPad. All rights reserved | Nov 2015 | Confidential – Not for redistribution
GROWTH + ATTRITION
Better Outcomes
Lower Attrition
SELECTION
Faster Time to Hire
Better Decisions
PROCESS
Faster, Simpler Process
Operational Cost Savings
Greater Candidate Engagement
ATTRACTION
Fewer Candidates Needed
Lower costs of Attraction
FOCUS
HERE >

10. 9 www.launchpadrecruits.com
WHAT WE DO
© 2015 LaunchPad. All rights reserved | Nov 2015 | Confidential – Not for redistribution
We use science and video to move
our customers towards near perfect
recruitment decisions

11. 10 www.launchpadrecruits.com
THE LIGHTBULB MOMENT
A CLEAR PATTERN
RELATED TO THE TIME OF DAY
Average Score, across all reviewers, each hour Negative reviewer vs Positive reviewer – Score distribution
Average Score per review criteria
SOME REVIEWERS ARE CONSISTENTLY
NEGATIVE, OTHERS ARE POSITIVE
SOME CRITERIA DO NOT
DIFFERENTIATE CANDIDATES
Negative correlation – Average answer vs count of videos viewed
REVIEWERS BECOME MORE NEGATIVE
AS THEY REVIEW MORE CANDIDATES
© 2015 LaunchPad. All rights reserved | Nov 2015 | Confidential – Not for redistribution

12. 11 www.launchpadrecruits.com
OUR SOLUTION
OBJECTIVE
+ CONSISTENT
© 2015 LaunchPad. All rights reserved | Nov 2015 | Confidential – Not for redistribution
Launchpad RECRUIT
Video Assessment
Launchpad VERIFY
Consistent Decisions

13. 12 www.launchpadrecruits.com
VERIFY IN ACTION
© 2015 LaunchPad. All rights reserved | Nov 2015 | Confidential – Not for redistribution
MI InsightsLaunchPad Signals
Machine Learning Algorithm
Behaviour
monitoring
Real Time
feedback
REVIEWER
A
REVIEWER
B
REVIEWER
C
Monitor reviewer behaviours
and identify potential bias
Maximise candidate score
confidence with optimised
candidate allocation
Test reviewers against known
‘correct’ scores
Provide real-time feedback
for reviewers
Assessment Design
Feedback to help recruiters
optimise the assessment
design
Reviewer Support
Comparative performance,
provide actionable feedback
and potential training
requirements
Candidate Score Confidence
Quantify confidence in scores
given to individual candidates

14. 13 www.launchpadrecruits.com
VERIFY: INSIGHTS DASHBOARD
© 2015 LaunchPad. All rights reserved | Nov 2015 | Confidential – Not for redistribution

15. 14 www.launchpadrecruits.com
( )
MAKING BETTER DECISIONS WHILE REDUCING COST PER HIRE
Attraction + Process + Selection Costs
© 2015 LaunchPad. All rights reserved | Nov 2015 | Confidential – Not for redistribution
Number of hires
Cost Per Hire =
0
1
COSTPERHIRE
TIME
No change
With Video
assessment
With Verified
assessment

16. 15 www.launchpadrecruits.com
THE VALUE OF SUPERIOR RECRUITMENT
Cost Savings
Operational Costs Reduced
Time to Hire Reduced
Hiring Manager Time Reduced
Attrition Reduced
Value Creation
Employee Engagement Improved
Diversity & Inclusion Improved
Candidate Experience Improved
Quality of Talent Improved
© 2015 LaunchPad. All rights reserved | Nov 2015 | Confidential – Not for redistribution

17. 16 www.launchpadrecruits.com
PROVEN RESULTS
© 2015 LaunchPad. All rights reserved | Nov 2015 | Confidential – Not for redistribution

18. www.launchpadrecruits.com
Feedback?
© 2015 LaunchPad. All rights reserved | Nov 2015 | Confidential – Not for redistribution