A weekly summary of trending news & commentary for busy talent acquisition technology execs and professionals.
“A New Year brings new recruitment and employment surveys, and the first one of the year brings information that you probably won’t be all that surprised by.
According to CareerBuilder’s annual forecast, 44 percent of employers say they plan to hire permanent full-time employees this year. In addition, 51 percent of [employers] are planning to hire temp workers in 2018.
But here’s the catch — 45 percent of HR managers say they have jobs open that they can’t fill because, as the CareerBuilder survey notes, “they can’t find qualified talent.” And, 58 percent of these HR leaders say they have jobs that stay open for 12 weeks or more.”
John Hollon, Recruiting Daily, January 9, 2018
Job Boards & Social Media Sites
AVJunction, a global web platform that simplifies and systemizes the hiring and management of independent contractors while also helping freelancers with new employment opportunities, has launched in the audiovisual industry. The site is now available for commercial and residential systems integrators, along with rental, exhibit and production houses, audiovisual manufacturers, and live event and starting professionals in any company that accepts Stripe. This includes over 25 countries currently.
Job.com, a long established job site, has a new owner and just unveiled a refresh. The site was acquired by UK-based MyJobMatcher back in October of last year, I recently learned. I did a number of searches, and it seems like it is heavily backfilled through ZipRecruiter and other providers. It’s a great brand, though, [so] should be interesting to see what the new owners have in store for it. Source: JobBoardSecrets.com
Talentify has launched in Brazil, describing itself as “the first RAAS company (Results-As-A-Service) in the recruitment and talent industry.” The company’s product uses artificial intelligence to gather information about candidates and then qualify, classify, and prepare them for interviews. Its goal is to expand employers’ talent acquisition yield by a factor of 10.
Sourcing, Matching, Assessing, Communicating (SMAC) Technology
iCIMS Inc., a provider of cloud-based talent acquisition solutions, announced the acquisition of TextRecruit Inc., a candidate engagement platform that uses text message, live chat, and artificial intelligence (AI) to help organizations hire better people, faster. TextRecruit has built a rapidly growing business by recognizing today’s candidates prefer to communicate via text message and mobile apps, rather than email. The company introduced its first product in 2015, and used iCIMS’ UNIFi platform to create a seamless integration between TextRecruit messaging applications and iCIMS’ talent acquisition suite. Since then, TextRecruit has expanded its portfolio and partner network to become the leading real-time messaging application for recruiters.
AI & Machine Learning
Entelo, the recruiting automation platform modernizing hiring, announced the public launch of its new sourcing software, Envoy, to allow any company to dramatically accelerate the identification and hiring of the right people. Entelo Envoy builds upon the company’s existing platform, using artificial intelligence (AI) and machine learning to automatically identify, qualify, and engage ideal candidates, saving recruiting teams time and money. Previously available only to existing Entelo customers, Envoy is now generally available and being used by more than 75 companies that are already seeing positive results.
Harver, an Amsterdam, The Netherlands-based provider of pre-hiring and talent matching technology, raised an additional $4.2m in Series A funding. The round, which brings Series A total funding to $12.3M and total funding to $15.6m, was led by Insight Venture Partners. The company intends to use the funds to expand the team and bring its AI matching technology to companies of all sizes, specifically within the United States.
Standards & Best Practices
TAtech announced that Bogomil Balkansky, Google’s VP of Cloud Recruiting Solutions, would be one of the speakers at TAtechEurope. Bogomil oversees all go to market aspects of Google Cloud’s recruiting initiative including Google’s AI work in the talent acquisition area. He’ll be speaking twice at the event. His first session will be on some of Google Cloud’s AI developments during the pre-con AI Summit on March 13th. Then, he’ll be speaking again during the Summit, itself, where he’ll discuss all of Google’s talent acquisition initiatives, the role he sees them playing in the industry both today and down the road, and his vision for the larger TA technology field.
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.