SkyHive’s Job Description Generator pioneers the automation of job description creation to accelerate equitable and skills-based hiring.
PALO ALTO, Calif., August 15, 2022–(BUSINESS WIRE)–SkyHive®, the pioneer of Quantum Labor Analysis® for the rapid reskilling of workers and communities across the globe, today announced that the U.S. Patent and Trademark Office (USPTO) has issued U.S. Patent No. 11,373,146 titled, "Job Description Generation Based on Machine Learning."
The Job Description Generator (JDG), part of SkyHive’s Workforce Architecture solutions, removes the need for writing traditional job descriptions and automates job description creation by using a combination of machine learning and statistical analysis of job-related data. The JDG leverages SkyHive’s uniquely developed Deep Generative Model and the world’s largest Labor Market Knowledge Graph to create job descriptions that are accurate to real-time labor market conditions with a bias-free, skill-centric intelligence contextualized to the user.
"We are pleased that the USPTO has once again recognized SkyHive’s revolutionary technology by issuing this patent," said Mohan Reddy, CTO of SkyHive. "This innovation reflects the positive transformation SkyHive is bringing to recruitment, retention and reskilling practices in organizations and communities around the world. No other entity has applied data science to human capital management at an equivalent robust and granular level."
The invention leverages SkyHive’s renowned global streaming labor market data intelligence, which enables corporations and governments to attract qualified candidates at skill level specificity, incorporate emerging and current skills-gap insights into their recruitment processes and retention strategies, and ensure DEI-appropriate alternatives by removing the inherent bias that exists in traditional job profiles. SkyHive’s technology helps enterprise and government clients reduce their time to source by 90%, time-to-hire by 30%, and increase gender diversity by 10%. Its solutions also increase workforce learning and development efficiency by 70%.
SkyHive’s newly issued U.S. patent No. 11,373,146 further strengthens the Company’s machine learning innovation portfolio. Previously, the USPTO granted U.S. Patent No. 11,164,153 to SkyHive under the title, "Generating Skill Data Through Machine Learning."
About SkyHive
SkyHive is a Certified B Corporation and software provider of global workforce intelligence technology, optimizing labor market efficiencies in real-time for companies, communities, and national economies. Leading enterprises use SkyHive’s cloud-based applications and platforms to power the future of work at its most granular level: skills. SkyHive’s Quantum Labor Analysis™ has been recognized by the World Economic Forum and Forbes for leading efforts in ethical AI and its positive impact on labor economies worldwide. For more information, visit www.skyhive.ai.
SkyHive and Quantum Labor Analysis are registered trademarks of SkyHive. All other marks are the property of their respective owners.
View source version on businesswire.com: https://www.businesswire.com/news/home/20220815005169/en/
Contacts
Media:
Aidan O’Connor
aoconnor@prosek.com
The Internal Revenue Service has proposed rule changes that could significantly impact how beneficiaries will manage inherited retirement accounts. The proposed regulations, which were published last month, caught some in the financial services industry by surprise, as they offer a … Continue reading → The post The IRS May Make Your Roth IRA More Valuable With This RMD Rule Change appeared first on SmartAsset Blog.
The Wall Street CEO used the dated reference in a call with wealthy clients last week.
Knowing how much you need for retirement is multi-factored: It’s not just about how much you saved, it’s also about knowing how much you will spend on a monthly basis. “Typically, people need around 70% to 80% of the pre-retirement income in retirement to maintain a lifestyle,” says certified financial planner Spencer Betts of Bickling Financial Services.
Top trending after-hours tickers on Yahoo Finance.
McDonald’s has kicked off a recruitment drive to hire more over-50s, amid a scramble by businesses across the country to fill jobs with retirees.
America's tech giants are taking a modern-day crash course in India's ancient caste system, with Apple emerging as an early leader in policies to rid Silicon Valley of a rigid hierarchy that's segregated Indians for generations. Apple, the world's biggest listed company, updated its general employee conduct policy about two years ago to explicitly prohibit discrimination on the basis of caste, which it added alongside existing categories such as race, religion, gender, age and ancestry. The inclusion of the new category, which hasn't been previously reported, goes beyond U.S. discrimination laws, which do not explicitly ban casteism.
Some Gen Zers are abandoning financial caution to invest in themselves and experiences instead.
More than a year after its new hybrid work schedule was announced, Apple Inc. will require its employees to return to the office at least three days a week starting Sept. 5, according to reports Monday.
Why are eggs so expensive now? The average price of a dozen large, Grade A eggs was $2.94 in July, up 38% from the same period last year at $1.64, according to the U.S. Bureau of Labor Statistics. The price of eggs has been trending upward since the beginning of 2022, and egg experts said an avian influenza outbreak that has severely limited the supply of eggs was the leading cause of high prices.
(Bloomberg) — Despite some promising economic signs recently, more tech companies are hitting the pause button on their hiring plans. They’re instituting freezes, rescinding jobs offers and even resorting to layoffs (with one CEO showing his remorse by sobbing on social media).Most Read from BloombergSaudi Billionaire Made $500 Million Russia Bet at War OnsetWells Fargo Plans Major Retreat From Mortgage Business It Long DominatedDOJ Opposes Release of Affidavit in Trump Search, Citing Probe‘Nex
A federal judge in California has signed off on Apple Inc.'s $30.5 million settlement in a nearly decade-old lawsuit claiming the company shortchanged 15,000 retail workers by not paying them for time spent in security checks after their shifts. U.S. District Judge William Alsup in San Francisco approved the settlement in the 2013 class action on Saturday. The California Supreme Court in 2020 used the case to rule that state law requires employees to be paid when they go through mandatory security screenings.
Quiet quitting: More employees burned out by COVID-era workloads say they'll do what's required in their jobs but won't go above and beyond.
Since then, Congress announced it is making changes to the $7,500 federal electric vehicle tax credit, meaning that it becomes much harder to get that sweet, sweet tax deduction. The two major changes are that the tax credit will becomes means-tested (i.e., if your household makes more than a certain amount, you don't qualify) and sticker-price limited (cars over $40,000 and SUVs and trucks with a slightly higher limit). Various car manufacturers have scrambled to figure out how to react, but VinFast is taking more extreme steps than most, promising that if you have a preorder with the manufacturer and you are no longer eligible for the tax rebate, they'll give you a $7,500 discount on the car instead.
Yahoo Finance Live host Seana Smith peeks at Warner Bros. Discovery stock following reported job cuts and the production companies' transition into its merger.
The company is not commenting on the expansion timeline but construction documents filed with the state of Texas indicate work could start in February on three more structures. These are welcome signs for those wondering about the status of major office projects in the region in the wake of the Covid-19 pandemic.
Taiwan is home to the world’s biggest chip maker, TSMC, and sits next to one of the busiest shipping lanes.
General Electric (GE) thrives on strong performance of the Aerospace and Healthcare segments, despite supply-chain disruptions and raw material cost inflation weighing on its operations.
(Bloomberg) — BHP Group, the world’s biggest miner, posted its highest ever full-year profit on record commodity prices and will push ahead with growth options on a stronger demand outlook in China.Most Read from BloombergSaudi Billionaire Made $500 Million Russia Bet at War OnsetWells Fargo Plans Major Retreat From Mortgage Business It Long DominatedDOJ Opposes Release of Affidavit in Trump Search, Citing Probe‘Next Generation’ Moderna Coronavirus Booster Jab Approved for Use in AdultsMuch of
(Bloomberg) — Germany’s gas storage facilities have reached a fill level of 75%, two weeks ahead of schedule, the country’s top regulator said, as Europe’s biggest economy tries to shore up supplies cut by Russia. Most Read from BloombergSaudi Billionaire Made $500 Million Russia Bet Near War’s OnsetHow the US Toppled the World’s Most Powerful Gold TraderUkraine Latest: First UN Wheat Cargo Sets Sail for EthiopiaWill Housing Prices Flatten — or Collapse?US Lawmakers Visit Taiwan After Pelosi Tr
Today is shaping up negative for Himax Technologies, Inc. ( NASDAQ:HIMX ) shareholders, with the analysts delivering a…