After more than two years of development work, the online services from start-up 360-Talents are now on the market.
What is 360 Talents?
360-Talents is a new and innovative full-service recruiting platform that offers companies soft skills analytics and AI-supported suitability diagnostics for the recruitment of new employees.
The services developed represent a paradigm shift in the field of personnel selection and diagnostics. Soft skills are crucial for professional success - according to Harvard studies, they account for 85% of professional success. Although Swiss companies are aware of their importance, they are still neglected in recruitment processes, as the NZZ reports. Instead, companies mainly focus on formal qualifications and personality traits in the recruitment process, but these only provide limited information about the actual skills and potential of applicants.
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More InformationWhy is this relevant?
The problem companies face when recruiting new staff is finding a reliable answer to the question: Which candidates are the most suitable, which are the best "matches"? The solution for the vast majority of companies is to assign one or more employees to assess the suitability of a candidate. This is not only very time-consuming and therefore expensive for companies, but unfortunately also extremely error-prone.
These key figures reflect the performance of the recruitment processes used today:
- 33% of all employment relationships are terminated within the first year of employment. Half of them during the probationary period. Fluctuation is well above the recommended value in most sectors and regions (sources: BFS_Berufliche-Mobilität, IWD_Bericht)
- 54% of employees are dissatisfied with their current job situation. One in five employees is ready for a change. A meaningful job is just as important as money. (Sources: PwC-Switzerland-Survey-2022, TA-Gallup-2024)
- 48% is the increase in absenteeism due to emotional exhaustion, stress and burnout. Well over half of all incapacity for work due to mental health issues is caused by conflicts at work. (Sources: DAK-Psychrepport_2023, Swica-Study_2022)
- 70% of companies do not consider their cultural transformation to be successful. The soft skills of managers and employees have a significant influence on corporate culture. (Sources: McKinsey_Transformations-Failure, Why-Culture-Matters)
Why 360 Talents?
We want to contribute to a better working world in which the focus is on soft skills rather than personality traits. The characteristics of a personality that are frequently used in everyday life have the unpleasant peculiarity of having an unclear meaning and are hardly measurable objectively. In personnel selection in particular, assessments are guided by subjective influences and unconscious prejudices. You probably know this problem from your own experience.
Today, requirements for personality traits are widely used in company job profiles, such as "ability to work in a team". There are serious objections to this and we have set out to change this. With 360 Talents, companies will no longer use personality traits that are unclear and difficult to measure in their requirement profiles, but soft skills. Soft skills are not personality traits, but concrete actions in practice. Personality traits such as "ability to work in a team" are replaced by the observable requirement of "team-oriented action", which is defined according to scientific criteria. Further information can be found in the appendix.
A pioneering innovation
360-Talents has developed a pioneering innovation to enable the systematic recording of formal qualifications and soft skills in recruitment processes: The application is the first scientifically tested system that analyzes the values and actions of applicants, derives soft skills from them and matches them with the company's requirements through automated value-action matching. The analysis enables companies to select employees whose soft skills are an ideal match for the company's values - an essential basis for overcoming future challenges.
With this approach, 360-Talents is revolutionizing the traditional recruitment process: the system analyses formal qualifications and soft skills even before the first interview. This fundamentally changes the nature of job interviews: instead of checking formal qualifications and soft skills, interviews can focus on future collaboration. In this way, candidates find sustainable work and companies find employees who identify with the company and their tasks and contribute to long-term success.
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