Newton, an intuitive recruiting and onboarding software
, has announced the availability of Interview Scorecards, an interview rating system that enables HR professionals to assign a quantitative rating to new hire candidates. With this quantitative approach, companies can create interview tool kits that not only make better hiring decisions, but also quickly identify internal employees with the most successful hiring rates.
In December 2015, Paycor
, a cloud-based workforce management software provider, acquired the San Francisco-based Newton Software to strengthen its offering in the talent acquisition arena. Newton claims that Interview Scorecards will empower HR and recruiting professionals to take a more strategic approach to hiring.
“The first generation of applicant tracking systems (ATS) were simply databases that stored information. The second generation has focused on increased productivity through automation. We’re taking Newton users to the next generation where we are designing tools that help people make better hires, lowering turnover and creating more productive work environments,” said Joel Passen, Co-Founder, Newton.
“Building better teams starts with selecting the right people. Our Interview Scorecard functionality is way ahead of the what’s already on the market, and we’ve just gotten started,” Passen added.
The company explains that by setting up interview tool kits for any job at any interview stage, interviewers become accountable for asking questions that assess specific traits of job candidates. The outcome is twofold. First, hiring managers and recruiters get a decisive, aggregate view of interviewer feedback with which to make evidence-based hiring decisions.
Furthermore, Newton now can keep track of individual raters’ average interview scores. By capturing the numeric trend of an interviewer, you get a view of how accurate a hirer is on identifying great hires. Hence, it creates a win rate or “batting average” for a person’s hiring record, showing who is most prone to making the best hiring decisions, in addition to uncovering opportunities for training and development.
Some additional benefits of Interview Scorecards include:
- Improve the subjectivity and fairness of interviews (removing common biases)
- Enhance interview preparation process
- Engage teams to collaborate more effectively
- Accelerate time to fill positions by driving better hiring decisions