Tempo filters candidates via artificial intelligence. Hiring companies are able to see videos of candidates to complement digital CVs, along with references and pay expectations. Companies post jobs with key information like culture, dress code and location made visible upfront, making it easier for candidates to assess interest with minimal time investment.
Remember when we used to have to call to hail a cab? Ever since Uber gained mass adoption, the timeframe to hail a cab has massively decreased due to disintermediation. Similar effects can potentially be expected with Tempo in hiring or finding a job.
When a rapidly scaling tech company was hiring for a personal assistant, they used a traditional agency for three weeks to no avail. In a twist of fate, they posted the job on Tempo and were instantly matched with five candidates. The profiles that matched provided sufficient information for them to make an offer, which was subsequently accepted in 15 minutes without an interview. The candidate started the next day, worked as a temp with them for three months and has since been promoted and taken on permanently.
Chatfield claims that although CVs can be a great indicator of a person's technical skills, soft skills are what really make the difference once in the job and these are impossible to assess on paper. By incorporating video into the application process, there is an increased likelihood of a cultural fit by the time the candidate gets to the interview stage.
Chatfield believes that the recruitment industry is due a facelift, and with companies like Monzo, Boston Consulting Group and Hello Fresh already hiring on the platform, it seems he is not alone. If all goes to plan, hiring great people will soon be as easy as ordering an Uber.