Fleet Management: Smart Hire Solution

Fleet managers face the task of hiring "safe" drivers, but how do you know if you are doing just that?  That’s why Driver's Alert's Enterprise Fleet Safety Management system begins with Smart Hire, the fleet management industry’s most powerfully predictive pre-employment screening solution.  Unlike most services, Smart Hire does not rely on credit and consumer reports which can leave up to 40% of applicants “unscored.” Using a broader pool of available data and applying sophisticated analytic algorithms, Smart Hire scores virtually 100% of applicants on the truthfulness of employment applications. These scores are highly predictive, identifying 63% more losses than corresponding consumer report scores. Consider the side-by-side comparison below:
As you can see in the chart on the left, 35% of losses involve applicants who cannot be scored by a consumer report (no-hits and thin files). The Smart Hire graph on the right, based on 12 million applications, shows that the 12% of candidates in our Very High Risk category account for 39% of losses incurred. Conversely, a poor consumer report score casts doubt on more applicants (15%) yet predicts far less losses (24%). For those of you with a statistical background, Smart Hire’s coefficient of correlation (R Square) is 30 points higher than that of consumer reports — or 57% better predictive power. Bottom line, being able to eliminate 39% or more of incident losses by having precise pre-hire screening data means Smart Hire offers phenomenal return on investment as a stand-alone solution. Add industry-leading GPS tracking, unlimited online training, and other components in our comprehensive solution suite, and you can see why Smart Risk 3.0 is simply unmatched in improving fleet safety and reducing related costs.