A weekly summary of trending news & commentary for busy talent acquisition technology execs and professionals.
Don’t miss The TAtech Spring Congress & Meetup on April 18-19 in Las Vegas, Nevada USA – a unique conference designed to maximize opportunities for B2B networking, trending topic discussions and the exploration of partnerships and business opportunities.
“Just a few years ago, there was a dawning sense that technology would give us a peek around the corner. Thanks to reams of information – sensors and surveillance everywhere, and computing capacity to make sense of it all – it looked as if we were entering a ‘Minority Report’-type world, where much of the future could be foretold in our numbers. Google could predict flu trends, election-stats nerds could predict political outcomes, and predictive policing algorithms were going to give us a handle on crime.
“Yet what happened is rather quite different. Instead of revealing unseen order and predictability in the world, technology has unleashed a cascade of forces that have made the world more volatile – and thus made the future hazier and more open to out-of-the-blue results.”
Farhad Manjoo, State of the Art, The New York Times, January 4, 2018
Job Boards, Social Media Sites & Recruitment Advertising
Franklin Apprenticeships, a U.S. based consulting and capacity building firm dedicated solely to delivering on the promise for U.S. expansion of Apprenticeship Programs, announced the beta launch of Ask Franklin, the first national apprenticeship recruitment portal of its kind in the U.S. that connects employers, aspiring apprentices, and intermediary training providers. With an “earn while you learn model” of education and workforce development, Ask Franklin breaks down barriers, fast-tracks careers, and accommodates paths beyond traditional education, to allow students through an apprenticeship to earn a solid income, without debt. At the same time, the new portal allows employers to garner a higher return over time and secure a pipeline of top talent. Source: Media Release
LinkedIn, a Microsoft B2B social network, announced the official rollout of video for Sponsored Content and Company Pages. The offering, which gives companies the ability to promote a video and target a specific audience, builds on the release of member video, which launched in August 2017. LinkedIn also introduced the ability to load a video to a company’s page, which gets distributed to all followers. Video has been seen as a top-of-the-funnel marketing tactic, but LinkedIn designed the product to build brand awareness, drive traffic to desktop and mobile websites, and collect high-quality leads through the social site’s Lead Gen Forms, Abhishek Shrivastava, director of marketing in product solutions at LinkedIn, told Digital News Daily. Unlike pre- or post-roll video ads, video for Sponsored Content ads lives on the news feed as stand-alone posts. Advertisers can buy the product based on CPC, CPM, and CPV. There is also an option to optimize campaigns for more than impressions and clicks. Source: MediaPost
Shift, a San Francisco-based startup focused on helping military veterans transition into civilian careers, has raised $4 million in seed funding led by Andreessen Horowitz. Offering “fellowships” that place active duty military personnel in positions at companies before they leave their service, the site says “It’s more than an internship: we only work with companies who commit to offering full-time employment opportunities.” Source: Axios & company site
SuperCarers, a London, UK-based online platform that connects people seeking at-home care with experienced, independent carers, raised £3.8m in funding. The round was led by Mobeus Equity Partners, which provided £2.1m, with participation from JamJar Investments and Seneca Partners. The company will use the additional funding to expand its business reach through marketing, develop its technology and recruit people to support growth. Source: Finsmes
Sourcing, Matching, Assessing, Communicating (SMAC) Technology
AngelList has recently introduced a “sourcing” function. To source on AngelList, you need to define your company and post a job. Then, press the menu item “Recruit” to launch the Sourcing function. The free search filters AngelList offers for keywords, role, location, looking for full/part-time, work authorization, years of experience, and skills. Many members have their resumes and social profile URLs attached to their profiles. Source: Recruiting Blogs
Candex, a San Francisco, CA-based fintech startup, raised $3.5m in seed funding. Backers included Edenred Capital Partners, Partech Ventures, Advisors.Fund, Camp One Ventures, NFX, Tekton Ventures, Big Sur Ventures and fintech angel Mark Goines. The company will use the funds to accelerate its business in Fortune 500 customers and beyond. Led by co-founder and CEO Jeremy Lappin, Candex provides a platform that allows enterprise users to engage with freelancers, gig economy participants and other vendors. They use a desktop or mobile app to collaborate, chat and send payments – and a private blockchain ensures compliance and streamlined records. Candex allows creation of private eMarketplaces where employees engage with approved vendors through a chat interface, track activities and performance, and authorize payments below $100,000 with a few clicks. Source: Finsmes
Hireology, the UK’s leading independent job board and talent management platform, has announced a Sourcing Suite to aid auto dealerships in the optimization of applicant pooling and delivery of open positions. The Sourcing Suite in question houses Hireology’s Applicant Engine and Career Site, which have both been made immediately available to all of their 1,600 auto retail customers and other companies looking to integrate the platform. A solid applicant sourcing strategy is essential to the success of any dealership. With the threat of disruptive business models – such Amazon online car sales, Carvana vending machines, self-driving cars, and subscription models – and diminishing profit margins, people are a dealership’s main source of competitive advantage. Source: JobsPortalWatch
London based PhD platform Kolabtree has announced that freelancers registered on it’s platform can now be hired on an hourly basis. This comes as good news for businesses that struggle to tap into high level expertise in order to solve complex issues. Launched in 2015, Kolabtree has over 4,200 freelancers registered from an array of backgrounds including food scientists, medical researchers, biostatisticians, scientific researchers, health economists, data scientists and researchers. Experts include scientists from the likes of NASA, Harvard, Stanford, MIT, and Cambridge. Source: OnRec
Speak With A Geek (SWAG), the technology services and recruiting provider, just announced their partnership with StaffedUp, a web-based staffing platform designed for the service industry. StaffedUp won first place in Columbia’s Startup Weekend 2015 and has been making a name for themselves in the hospitality and restaurant industry ever since, thanks to the ease and functionality of their staffing tool. StaffedUp’s customizable hiring platform is one of the most affordable web-based solutions currently on the market. Used to recruit, manage, and hire the most qualified talent, StaffedUp’s tool is a long-term solution for companies who suffer from high turnover rates or simply want to improve their hiring process. Source: Media Release
AI & Machine Learning
ICYMI: AllyO, a provider of AI recruiting technology, is emerging from stealth and announcing a $14 million round of funding led by Bain Capital Ventures and joined by Cervin Ventures, Gradient Ventures (Google’s AI fund), and Randstad Innovation Fund. Indy Guha, partner at Bain Capital Ventures, is joining AllyO’s board. “Businesses are finding that traditional recruiting means are insufficient to keep today’s candidates engaged,” said Guha. “But key breakthroughs in natural language processing and conversational AI, together with the ubiquity of smartphones, can transform how businesses conduct recruiting. AllyO’s AI-first approach is perfectly positioned to lead the way. AllyO has already demonstrated tremendous market success by helping Fortune 500 companies achieve dramatic improvements in core recruiting metrics.” Source: Media Release
ICYMI: Tempo, a London, UK-based video based recruitment platform using artificial intelligence, raised £1m in seed funding. The round was led by company builder Hambro Perks. The company intends to use the funds to accelerate development of its tech platform and to expand further within London. Launched in May 2017 by Ben Chatfield and Ollie Povey, Tempo leverages video technology and artificial intelligence to allow companies to instantly hire quality candidates for temporary office/admin roles quickly. The company says its fastest placement took 27 minutes. Tempo also partners with Pitman Training, which grants 40,000 yearly graduates to the platform. Source: Finsmes
Read the results of the inaugural TAtech-Fluent Survey of Consumer Perceptions of AI. Every consumer is either a potential or actual job seeker or a recruiter, and this annual survey will provide one-of-a-kind insights on how they view the role and impact of artificial intelligence in the workplace. Though limited to American workers, it offers a fascinating look at emerging perceptions of this powerful technology and how jobs and careers are or will be changing.
Standards & Best Practices
TAtech is launching the next phase of the International Working Group on Traffic Quality. Click here to see the Declaration on Traffic Quality produced by the first phase. If you’d like to be a part of this unique group that is setting definitions and standards for online recruitment advertising, please contact Peter Weddle at email@example.com. The Group is open to all publishers worldwide.
TAprose and TAtech Global News Bulletin are brought to you by TAtech: The Association for Talent Acquisition Solutions.
Mark Your Calendars! TAtech’s 2018 events include:
• February 12-13, 2018 Scottsdale, Arizona USA: The TAtech Leadership Summit on AI/Machine Learning in Talent Acquisition – the only conference totally focused on the capabilities and impact of AI/ML/NLP in recruitment. See you next year!
• March 13-14, 2018 Dublin, Ireland: TAtechEurope 2018 – the premier event for recruitment advertising and technology thought & business leaders in Europe, the Middle East and Africa. See you next year!
• April 18-19, 2018 Las Vegas, Nevada USA: The TAtech Spring Congress & Meetup – a unique conference designed to maximize opportunities for B2B networking, trending topic discussions and the exploration of partnerships and business opportunities.
• June 5-6, 2018 Minneapolis, Minnesota USA: The TAtech Leadership Summit on Programmatic Ad Buying – the only conference totally focused on the technology and applications of programmatic ad buying by both publishers and advertisers.
• September 26-27, 2018 Bourbon Street New Orleans, Louisiana USA: The TAtech Fall Congress & World Job Board Forum – the Global Economic Forum of recruiting, this event brings together thought & business leaders from job boards and all other talent acquisition technology solutions companies around the world.