Overlay exhaustive data analysis with scores that help you fix the key areas of improvement by not sacrificing your team’s diversity.FairKarma addresses the need of unbiasing automated decision-making processes where historical data can be significantly biased and machine learning cannot be reliably used to learn patterns from these data sets. We implement an innovative scoring algorithm that is not only linear and explainable but can also allow for machine-supervised controlled parametrization that balances the scoring to make unbiased decisions that might have been biased in the past.
How can you transform your workforce to be more productive and accelerate the DEI strategy at the same time?
Recruitment strategies are built by companies in an effort to bring in the best talent. This, of course, ignores the necessity for being diverse, equitable, and inclusive. Why is that so?
Hiring decisions are usually based optimizing attributes to find the best fit.
Screening procedure often ignores any correlation with possible disparities that might affect the underrepresented pool of applicants.
A hiring decision based on education and professional experience is bound to be intertwined with the socioeconomic, gender and racial disparities. Hence, hiring the best often translated into making a biased hiring decision as the best is less likely to have been affected by these disparities and more likely to be a member of the majority class that dominates that profession.
Instead of making screening process more constrained by adding DEI mandates, FairKarma™️ combines traditional screening criteria and DEI best practices to select candidates who can build a more diverse and productive team.
How FairKarma can transform your organization?
One of the two principles established by Rawls in the book, The Theory of Justice, 1971 is the principle of fair equality of education and employment opportunities enabling all to fairly compete for powers and positions of office; and it secures for all a guaranteed minimum of the all-purpose means (including income and wealth) that individuals need to pursue their interests and to maintain their self-respect as free and equal persons.
KarmaV AI solution helps organizations build an agile workforce and hire ethically. The proprietary algorithms convert complex data into easy-to-understand scores, making decision-making faster and more accurate.
Singapore | United States | India