HireVue, a platform focused on video interviewing and text-enabled recruiting solutions, has acquired Modern Hire, an intelligent hiring platform, to build on its end-to-end hiring automation solutions, according to a May 9 announcement.
In combination, the platforms will aim to enhance pre-hire assessments and interviewing, powered by “ethical AI,” the company said.
“HireVue’s mission is to change lives by connecting talent to opportunities. The acquisition of Modern Hire will enable us to continue to push the boundaries of what is possible in hiring technology, by adding to our own best-in-class science, technology, and industry experience,” Anthony Reynolds, CEO of HireVue, said in the statement.
Modern Hire features Virtual Job Tryout role-based assessments, a rising point of interest as more employers consider ways to hire based on skills.
The acquisition also comes as employers lean hard into automation, in part pushing forward pandemic-era practices. Virtual hiring trends will likely continue, HR Dive has reported, and now hiring platforms are creating solutions for the later, more complex stages of the talent acquisition process. Pre-assessments, on-demand video interviews and job simulations are becoming more popular as hiring managers look for better ways to use data and AI to find the best candidates.
Of course, despite the growing popularity of these tools, employers may want to exercise caution when relying on automation and AI in the hiring process. The White House plans to examine automated tools that track and manage workers. Other federal agencies, including the Equal Employment Opportunity Commission, Consumer Financial Protection Bureau, and Department of Justice, also have said they intend to address the use of AI and automated systems in workplaces. New York City, likewise, has issued regulations restricting AI in hiring; enforcement is expected to start July 5.
