Hiring someone who turns out to be a bad fit can be costly: Unhappy employees cost the U.S. economy between $450 billion and $550 billion in lost productivity each year, according to research firm Gallup. And replacing a full-time worker can cost up to twice the employee's salary. While working on a project at Harvard Law School, Angela Antony found herself immersed in statistics like those. "If you look across the economy, about 46 percent of hires leave within 18 months. That's despite all the time, resources, and billions of dollars spent trying to effectively hire," Antony says. "My research was really trying to understand what that missing data set was that was preventing us from being able to accurately predict people's long-term performance in a role."
Scoutible creates games that measure potential you can't get from a resume or interview. Could it level the playing field for job candidates?
Demetrius Thomas was raised by his grandmother in Killeen, Texas. With the help of financial aid, he made it into college—but not out. He lost his scholarship and got dismissed from the university after going home mid-semester to help his aunts and cousins move from their house when they were evicted in the aftermath of the death of his grandmother. "It was a huge blow," he says. He eventually moved to Austin and took up serving and bartending. He never went looking for trouble, but takes full accountability for getting mixed up in drugs. Now, two years after a mandatory rehab stint, he’s still clean and trying to turn his life around.