MONKEY TIE: A New Approach To Finding The Best Talent
MONKEY TIE is a start-up that has developed the first cloud-based affinity matching software for HR professionals, applied to recruitment and internal mobility as well as learning and development programmes. The company will be launching in the UK this September.
- (1888PressRelease) August 21, 2016 - Only one position is on offer yet your inbox is cluttered with hundreds of identical CVs to muddle through to find the right person for the job. How much can a CV really tell us about a candidate and how well they would slot into a company? All too often not enough, believes disruptive start-up Monkey tie. It doesn't really say anything about the person, their preferences, inherent strengths and true potential. Thus came about Monkey tie's affinity recruitment concept. It matches a candidate to an employer or a job based on their mutual affinities, in very much the same way as a dating site.
To establish their affinity 'points', the candidate answers a few questions about their personality and another set on their motivational drivers. Similarly, the employer fills in a questionnaire about the work environment and culture, and notes the type of personality generally suitable for the position in the job description. Based on this information and the traditional CV, Monkey Tie's algorithm calculates a score that reflects the degree to which the job and candidate match.
The Monkey tie website, monkey-tie.com, allows candidates to create their unique online profiles for free. These are composed of information from their CVs, their personality report and a graphical representation of their motivational drivers. Only available on Monkey tie, these profiles offer a full view of the candidate's abilities, character and motivations. The portal also provides coaching content to help jobseekers better understand their skillset, develop their potential and increase their chances of being hired.
Free to use for recruiters and employers alike, the services covered by the site are: job posting and candidate searches from the database. As of May 2016, the platform counts over 130,000 candidates signed-up to the site, over 1,600 recruiter accounts and over 20,000 new jobs posted.
Affinity-Based Solutions for HR Professionals
Having identified strong market demand, Monkey tie saw a gap in the market to license the same affinity-matching solution to companies for two different purposes:
• more criteria for screening new recruits, on personality and motivations
• improved knowledge of a workplace's internal talent pool to better plan internal mobility, inform L&D decisions and new recruitment strategies
Hence came about two principal B2B product lines : Monkey tie © Jarvis and Monkey tie © Career Profiler. Both are geared at increasing employee engagement and satisfaction, thus decreasing staff turnover. This is a gain in both time and productivity for the company.
A visionary yet human approach to HR
Having been met with great success in France, Monkey tie has recently signed a deal with the French Ministry of Labour and is tasked with building a nationwide online portal for career orientation. Known as the "Guide d'Orientation des Métiers", or Career Guidance Toolkit, this portal will make use of various data sources including Monkey tie's own database and matching technology to construct likely career paths and suggest next career moves, such as training programmes to those wishing to boost their career.
Monkey Tie's strength as a team lies in its combined expertise in ergonomics, user experience design, psychometrics, cloud-based software development and data-driven algorithms. Always poised to push the boundaries in HR and social innovation and following on from this its achievements in France, Monkey tie is preparing to grow from 12 employees to 20 by the end of 2016, launching its more human-based approach, website and HR solutions in the UK by September 2016.
Contact:
MONKEY TIE
Saoud Moco, COO
Email: s.moco ( @ ) monkey-tie dot com
Website: www.monkey-tie.com
Company presentation: http://www.slideshare.net/ismoco/monkey-tie-overall-presentation
For more information on this press release, contact:
Business France UK (The French Trade Commission)
Catherine Ryall, Press Officer
Email: catherine.ryall ( @ ) businessfrance dot fr
Tel: + 44(0) 207 024 3613
Website: www.youbuyfrance.com/uk/
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