A weekly summary of trending news & commentary for busy talent acquisition technology execs and professionals.
I love it when a long-time workplace practice gets re-defined by some silly new terminology.
Yes, I was excited when I discovered what The New York Times is now calling that time you get off in-between jobs.
Although I have a lot of problems with America’s Newspaper of Record – it’s gotta be exhausting constantly trying to find new ways to write how the sky is falling because of Trump – they published an interesting story this week about how it’s good for people to take time off after leaving a job to recharge the batteries before jumping into the new one.
Wow – who knew?
I’m somewhat of an expert on this because it’s something I have tried to do, and failed at, many times. Maybe it would have helped if I knew to call it what the NYT does – a “Jobbymoon.”
John Hollon, fistful of talent
Movers & Shakers
Caroline Goulding has been named Data Protection Officer Under GDPR for LinkedIn. Goulding will return to her home country of Ireland, where she will help ensure that LinkedIn stays compliant with the General Data Protection Regulation.
Newly published public documents indicate that Eric Ly – LinkedIn’s first chief technology officer and one of its founders – is raising funds for the Hub Token, which is tied to a forthcoming platform called ICOHub. ICOHub was launched in April, as reported at the time by VentureBeat, with the goal of creating a platform for more reputable token sales.
Job Boards, Social Media Sites & Recruitment Advertising
A former marketing director at CareerBuilder has sued the company in federal court, saying it allowed sexual harassment, discrimination and bullying to flourish unchecked. The lawsuit, filed last week, says the digital job listing company “created a male-dominated culture where degrading, discriminatory conduct towards women permeated everyday life,” with conduct ranging “from sophomoric to predatory.” CareerBuilder spokeswoman Jennifer Grasz said in an email that the Loop-based company was “committed to providing a safe, supportive, positive work environment that treats all employees equally. … We are examining the complaint.” The woman filing the case, Lori McInerney, was dismissed last year, three weeks after she complained about the company’s culture, the lawsuit says. Source: Crain’s Chicago Business
San Francisco-based software company Homebase recently launched Homebase Hiring, with $20M in Series B funding. It will give local businesses the right tools to compete for the right people. The growth is bolstered by a $20 million Series B funding round led by Bain Capital Ventures, with participation from existing investors Baseline Ventures, Cowboy Ventures, Khosla Ventures, and others. The new funding will be used to continue rapid customer adoption, forge new partnerships, and further develop products that make hourly work easier. The company describes itself as the “software local business owners rely on to help them organize, schedule shifts, and track time for their hourly teams. Source: Media Release
People say thank you and recognize others frequently on LinkedIn, so the site is now making it easier for its members to give a shout-out to others. LinkedIn Kudos is a new feature through which members can have a fun and easy way to share their appreciation for people in their professional community. LinkedIn Kudos feature is now rolling out now globally in the LinkedIn iOS and Android apps, and it is also coming soon to desktop. Source: LinkedIn
Sourcing, Matching, Assessing, Communicating (SMAC) Technology
HireIQ has announced that its artificial intelligence (AI) driven software-as-a-service (SaaS) recruitment solution is now available on Genesys® AppFoundry, a dedicated customer experience marketplace. Organizations using the Genesys PureEngage™, PureConnect™ or PureCloud® platforms can now also leverage HireIQ to automatically assess candidates using voice characteristics and predictive analytics to identify the right talent for the right job. According to Paul Noone, CEO of HireIQ, “partnering with Genesys enables call centers to truly optimize their workforce by adding selection to the industry’s historical focus on job execution.” Source: Media Release
TrueBlue (NYSE:TBI), a global provider of specialized workforce solutions, has, through its PeopleScout business, acquired TMP Holdings LTD (“TMP”). TMP is a leading provider of Recruitment Process Outsourcing (RPO), resourcing and recruitment marketing services in the United Kingdom. “This acquisition underscores PeopleScout’s growing importance to TrueBlue. It expands our highest margin business in a market that is growing in the mid-teens and where our own growth has recently exceeded 20 percent,” stated CEO Steve Cooper. “TMP establishes a position for us in the UK, which is the second largest RPO market in the world and one of the most common markets included in multi-continent RPO deals. Obtaining a physical presence and referenceable clients in the UK enhances our ability to compete on multi-continent engagements.” Source: Media Release
The UK blockchain-based hiring platform Zinc has recently acquired $2.95 million in a month through a crowdfunding effort. This capital will be put towards technology development in hopes of becoming the new standard in the UK for transparency and reliable proof of work history and vetting in the tech market. Zinc, a company leading the way with a crowd sale framework, is trying to get consumers to trust and believe in cryptocurrency and begin adding to it again. Despite what other crowd sale businesses are doing, Zinc is giving those who contribute peace of mind by splitting their project into three parts. The first 30% of funds will be released after the sale of tokens, 40% after the main network is up and running sometime in 2018, and the final 30% once 10,000 customers are active on that network. Source: JobsPortalWatch
AI & Machine Learning
Workday announced it was buying Rallyteam, a San Francisco startup that helps companies keep talented employees by matching them with more challenging opportunities in-house. The companies did not share the purchase price or the number of Rallyteam employees who would be joining Workday. In this case, Workday appears to be acquiring the talent. It wants to take the Rallyteam team and incorporate it into the company’s engineering unit to beef up its machine learning efforts, while taking advantage of the expertise it has built up over the years connecting employees with interesting internal projects. Source: TechCrunch
Sneak Preview: Circa 2118: What Will Humans Do When Machines Take Over due out in July 2018. Evoking the clarion call of the 21st century – if you see something, say something – Peter Weddle has penned a stunningly provocative portrait of the rise of super-C machines in the American workplace. Animated by ultra-intelligent, ultra-intuitive, ultra-empathetic technology, these byte-collar workers will cause near universal unemployment among Americans within the next one hundred years. Weddle, however, doesn’t agree with Hollywood. He acknowledges that the period between now and circa 2118 will test the nation’s character – in fact he calls it a Second Middle Ages – but he believes America will not be dominated by machines, but instead be liberated by them.
Industry Standards & Best Practices
Led by Co-Chairs, Thad Price and Richard Collins, 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. See you next year!
• June 5-6, 2018 Minneapolis, Minnesota USA: The TAtech Leadership Summit on Programmatic Ad Buying – the only conference for both publishers and advertisers that is totally focused on the technology and applications of programmatic ad buying for talent acquisition. See you next year!
• 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.