A weekly summary of trending news & commentary for busy talent acquisition technology execs and professionals.
“As the Bard began, ‘in this winter of our discontent,’ there seems to be no end of organizations with challenged ethical standards. Hardly a day goes by without a new report of yet another broken law or still more dishonorable or contemptable actions. This blizzard of bad behavior not only affects those involved, it also casts a cloud over the good work and reputation of other businesses. And that includes job boards.
Don’t believe it? Consider this: the 2017 Gallup Survey of the public’s confidence in institutions ranks Big Business near the bottom, with just 21 percent of the respondents giving it a thumbs up. Its ranking was only better than that of the U.S. Congress, HMOs and news on the Internet.
So, how can an ethical job board retain the customer confidence it deserves? The first and obvious answer is to continue its behavior. No matter what the outlook is for any financial quarter, no matter what slope sales are on, it must stick to operating at the highest legal and ethical standards
But – and this is the step that’s often overlooked – it must also talk about the walk it’s taken. It must state its commitment to high standards and promote that statement broadly. It must make operating as an ethical business a part of its brand. That can’t be assumed, not in today’s tawdry environment, so the only way it can be believable is to live up to such a claim that it’s had the courage to make publicly.
Peter Weddle, Talking About Walking as an Ethical Business, December 6, 2017
Job Boards & Social Media Sites
Australia’s competition regulator has announced that it would look into whether the tech duopoly – Facebook and Google – has disrupted the news media market to the disadvantage of publishers and consumers. The News Media Alliance has long advocated for intercession on behalf of publishers against Facebook and Google’s market dominance. In July, we called on the U.S. Congress to allow publishers to negotiate collectively. Australia’s investigation addresses the growing concern about the future of journalism. In a statement, Australian Competition and Consumer Commission Chairman Rod Sims said, “We will examine whether platforms are exercising market power in commercial dealings to the detriment of consumers, media content creators and advertisers.” Source: Newsxchange, News Media Alliance, December 6, 2017
ConnectJob, a blockchain-based site for finding services that are paid for in cryptocurrency, is seeking to raise $110 million U.S. – also in cryptocurrency — to launch an app with which it can “go global” next year. (Source: AIM Group) ConnectJob is a new blockchain-based peer-to-peer universal platform that offers multiple interactions for different services dedicated to individuals in an all-in-one application. ConnectJob allows its users to connect directly to a multitude of services based on geolocation through an Uber-like counter. Moreover, using uPort, Civic and Stratis identity management platforms, ConnectJob will allow job seekers to certify their ConnectJob reputation on the Blockchain and to bring this certification to any other services.
Construction Week and Taylor Sterling Associates introduced BuildingMENA, calling it “the first and only job portal dedicated to the construction and engineering sector in the Middle East and North Africa (MENA).” Designed to connect the industry’s biggest talent network with key regional employers, both large and small, the platform went live on December 6, 2017. It enables construction and engineering firms to showcase their latest vacancies in front of top industry talent from across the region and beyond. Job seekers, meanwhile, can use the platform to quickly build CVs and profile pages, which can then be searched by prospective employers.
DHI Group, Inc. (NYSE: DHX), an online career resource and talent acquisition platform for technology professionals and other select professional communities, announced that it has sold its Health eCareers business to Everyday Health Professional, a subsidiary of j2 Global, for approximately $15 million in cash. The transaction closed on December 4, 2017 and DHI will use the proceeds to reduce the balance on its revolving credit facility and support strategic initiatives.
Sourcing, Matching, Assessing, Communicating (SMAC) Technology
Avature, a provider of cloud applications for CRM and Human Capital Management, announced the general availability of its Contingent Workforce solution, designed to allow companies to leverage the gig economy more efficiently. The solution, in combination with Avature’s CRM, ATS and Internal Mobility solutions, allows organizations to fully integrate contingent workforce development with existing talent acquisition and talent management practices. This allows customers to develop a total talent management (TTM) perspective of their organization.
SMAC will be covered from all angles at TAtechEurope on March 13-14, 2018 – that’s during St. Patrick’s Day Festival Week – in Dublin. Yeah, bayyybeee! The Agenda will be announced in January, so stay tuned for that. In addition, all attendees will receive complimentary, advance copies of the Final Reports of the TAtech-RealMatch Global Survey of Recruitment Advertising (the only survey that address both the employer’s and the publisher’s perspective) and the TAtech-reThink Data Global Survey of Applicant Tracking System Companies. Plus, there will be moderated discussions of both surveys’ findings, so you’ll go home with a clear vision of how to put the data to work for your business. That’s just a part of the ROI you’ll get by attending. Join us!
AI & Machine Learning
Woo, the marketplace for matching employers and passive job seekers, has launched Helena, an AI-driven headhunter that automatically scouts, approaches and sources the best candidates on behalf of employers. Helena serves not only as company headhunter; she also serves as the job seeker’s agent, sparing both sides the need to actively search for each other. At heart, she’s a matchmaker that uses AI and machine learning to connect the right candidate for the right opportunity at scale. Woo has also closed its $7 million Series A investment round, which will be used to further enhance Woo’s technology and fuel the company’s U.S. expansion. The round was led by UK investor Lord David Alliance, with participation from existing investors and brings total funding to $11.4 million.
Standards & Best Practices
After a series of blows against its pay practices, a judge finally granted Google some good news. But the ruling also made it clear the tech juggernaut’s legal saga wasn’t over yet. San Francisco Superior Court Judge Mary E. Wiss dismissed the class proposed in a class-action lawsuit against Google, which claimed the company systematically paid male employees more than females. Specifically, Judge Wiss said the class status, which sought to cover “all women employed by Google in California” was too broad. According to Wiss, “This class definition does not purport to distinguish between female employees who may have valid claims against Google based upon its alleged conduct from those who do not.”
HireServe, an Applicant Tracking System provider, announced it has been awarded the ISO 27001 certification – recognized worldwide as the standard for information security management. To gain the ISO 27001 award, Hireserve had to meet the stringent standards set by the International Organization for Standardization (ISO). During the course of a comprehensive audit, Hireserve proved that it could prevent and defend against potential data system vulnerabilities. The business was able to demonstrate that it had a robust set of information security controls, and that it implemented regular checks for security threats and vulnerabilities. Source: OnRec
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.
• 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.
• 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 only conference that brings together the global thought and business leaders of the TA technology industry.