We talked to Benjy Gillman of myInterview about the hiring process, and he had the following to say:-
First of all, how are you and your family doing in these COVID-19 times?
Benjy Gillman: We are all well, thanks. I just recently got engaged, which is exciting!
Tell us about you, your career, how you founded myInterview.
Benjy Gillman: The original idea for myInterview began in high school, together with my friend and co-founder Guy Abelsohn. It started to come to fruition once we both completed our studies at university and began searching for jobs. While our CVs seemed very similar, we are, in fact, very different, which led us to the realization that it was very difficult to differentiate ourselves and share our unique capabilities. Frustrated by how little our resumes allowed us to express ourselves, we founded myInterview in 2016 to make people, not paper, the heart of the hiring process. Our offices are split between Israel and Australia. Since we founded the company, we have raised two funding rounds to help us grow, a $1.6 million pre-seed round with participation from a former LinkedIn executive, and more recently, a $5 million seed round investment led by Israeli VC Aleph.
How does myInterview innovate?
Benjy Gillman: The recruitment and hiring process as a whole is ripe for innovation. There is a whole slew of new technologies that have the potential to make the process better for both candidates and companies.
Our main priority in the innovation process is to listen to customer feedback. From there, we can constantly reassess how the platform is being used and work to improve its efficacy and experience.
One of the elements that make us unique is that we created the company from the point of view of job candidates – we want to make the platform quick and easy to use while also keeping it effective for the companies that rely on it to help improve and streamline their hiring process.
We have a team of very talented engineers led by our CTO, Michael Lumbroso, alongside our team of behavioral scientists, who are constantly improving and innovating the platform.
How the coronavirus pandemic affects your business, and how are you coping?
Benjy Gillman: While many companies have paused hiring due to the pandemic, many others have continued and even accelerated hiring and are now facing challenges such as large candidate pools, social distancing restrictions, and tighter HR budgets. We help tackle these issues head-on by making the hiring process more efficient and effective by optimizing the screening and selection process and ensuring that the most appropriate applicants are moved to the head of the line. This ultimately reduces time to hire, improves the fit between new hires and company culture, and saves money.
Did you have to make difficult choices, and what are the lessons learned?
Benjy Gillman: This has been a difficult and challenging period for everyone and has only heightened the awareness of the ways technology and innovation can help people and businesses weather the storm. Our video interview platform puts personality ahead of paper, improving both job candidates and employers’ hiring process.
How do you deal with stress and anxiety? How do you project yourself and myInterview in the future?
Benjy Gillman: We cope by ensuring that we never lose sight of our goals. Our main goal is to build a company that will help innovate the recruiting process all over the world. The most crucial part of any organization is its people, with hiring at its core, which is why myInterview has reimagined the archaic recruitment and screening process to make it more efficient, reduce time to hire and help companies choose the right candidates. Seeing and hearing people put life into an application and helps recruiters get a broader and better understanding of who the applicant is – specifically their soft skills, which can otherwise be overlooked or difficult to discern. It’s about putting personality back into the hiring process and streamlining the work of talent acquisition departments.
From day 1, Guy and I knew we needed to surround ourselves with good people. We are encouraged by how much our platform has grown, and we continue to see a huge global market for it.
Who are your competitors? And how do you plan to stay in the game?
Benjy Gillman: There are several competitors operating in our industry, but we view this as a good thing, as the demand for recruitment and interview tools is so large that no one or even two companies can meet it on their own.
myInterview is the industry-leading video interview platform for small and medium businesses that have focused on hiring. Our ease of use, affordability, and accessibility set us apart. We are also investing in the future through our machine learning technology that assists candidates and recruitment managers, ultimately making the hiring process a lot quicker by helping prioritize and un-randomize the stack of resumes while eliminating bias. In the vast majority of recruitment scenarios, a stack of applications is ordered completely randomly, making the whole process inefficient and ineffective. The “myInterview Intelligence™” suite utilizes Machine Learning-powered analytics to generate a candidate-match ranking with particular emphasis on office culture compatibility.
We are aware of the challenges in this industry and have learned from the mistakes of our competitors – building a technological framework from the ground up to make sure our product avoids those problems and maximize the lessons learned within the industry.
Your final thoughts?
Benjy Gillman: We are very proud of the product we have built and have already seen major success around the world. We know that the most crucial part of any organization is its people, with the hiring process at its core, so we are constantly coming up with innovative ways to enhance the recruiting process.