A weekly summary of trending news & commentary for busy talent acquisition technology execs and professionals.
“CIEL HR, a Bengaluru-based [India] recruitment firm, now has a wonder employee called Tony.
Once a recruitment order comes to the staffing company, Tony, an artificial intelligence-driven bot, goes through a pile of resumes looking for candidates. When the task is done, it pops up on a manager’s screen and sends across the data. Tony can also do a preliminary screening of the candidates by sending them a fixed questionnaire and assessing their responses. By taking over such sundry functions, Tony has reduced some 20% of the workload of human resources managers at the company.”
Quartz India, At some Indian firms, job seekers must impress bots first—not the boss, 11/1/2017
Job Boards & Social Media Sites
All four U.S. regions (Northeast, Midwest, South and West) saw an increase in online job ads in October, according to The Conference Board Help Wanted Online® (HWOL) Data Series. The South saw the greatest gains, while in occupational fields, Management and Business & Financial were out in front. Among the 52 metro areas covered by the survey, 45 saw increased advertising, 4 saw declines and 3 were unchanged. However, the report also noted that there are 2.3 million more unemployed workers than the number of advertised jobs.
Last year, Facebook rolled out its social networking app, Workplace, designed specifically for businesses and other organizations. The app has been running in beta mode this entire time, and finally, Facebook has announced its official launch for use on the PC, Mac, Android and iOS. According to Facebook, there are currently over 30,000 organizations using Workplace, doubling the figure Facebook published in April of this year. In addition, Facebook recently released its desktop version of the app for Workplace Chat. It comes with new features like screen sharing and, in coming months, group video chat, which will let people create virtual rooms of up to 50 people for interactive video conferences.
Glassdoor, a job and recruiting site with a database of company reviews, released new data, revealing greater resources are expected to be devoted towards improving a lack of diversity over the coming year. One in three (35 percent) of the surveyed hiring decision makers expects to increase investment in diversity and inclusion efforts and only three percent expect it to decrease; the remainder are continuing to invest at the same levels. The report, conducted among 750 hiring decision makers (those in recruitment, HR and responsible for hiring) in the U.S. and UK, also finds that job candidate demographics are one of the most important recruiting metrics to hiring decision makers.
LinkedIn / Microsoft introduced Resume Assistant, which enables candidates to update their resume or CV and, through the site’s machine learning and profile data, get suggested skills and examples of relevant work experience as inspiration for how to showcase their best work. The user will then see relevant job listings based on their current title, or, if they’ve included a desired role, they’ll see appropriate active job openings. If they click on an employer’s job listing they will be taken directly to it on LinkedIn where they can learn more and apply.
Whyapply, a Leipzig, Germany-based platform where employers post challenges rather than ads, has launched as a subsidiary of Innovailably GmbH. Rather than simply submitting a resume in response to a job posting, job seekers provide answers to challenge questions in their specific area of occupational expertise (e.g., sales, marketing, finance), and those answers are then evaluated by others on the site with the same background. The goal is to provide candidates with a way to demonstrate their capabilities more accurately than with the data typically found on a resume or CV.
Sourcing, Matching, Assessing, Communicating (SMAC) Technology
Human, a pioneer in Artificial Emotional Intelligence (AEI), has developed new software that has the ability to read candidates subliminal facial expressions live during job interviews and convert these into a range of emotions and specific characteristic traits in real time. Going deeper than simply deciphering human emotion, Human’s patent pending software uses partial facial recognition, robust camera angles and state-of-the-art pixelated raw data to reveal typical personality traits. From employing the right person for the job, to selecting the best ‘cultural fit’ for the team, the highly accurate technology minimizes human bias and provides a level of intelligence previously unattainable.
AI & Machine Learning Solutions
HireSweet, a Paris, France-based Artificial Intelligence driven recruitment platform, raised €1.5m in funding. Backers included Global Founders Capital, Kima Ventures, Bpifrance, TheFamily, and business angels David Bizer, Yannis Yahiaoui and Yves Weisselberger, among others. The company intends to use the funds to expand in Europe and the USA. HireSweet provides an AI-driven platform to engage and hire software engineers. The software enables companies to target passive candidates via a dedicated expert to guide users along the way, getting access to a daily tailored selection of engineers to single out the most relevant candidates, and start an open and direct discussion with them. The company currently has a team of 10. Clients include eFounders, Doctrine, Nokia Health, Deezer, Sqreen and CallDesk, among others.
Standards & Best Practices
TAtech: The Association for Talent Acquisition Solutions announced a special promotion for discounted registration at its 2018 conferences listed below. All of the conferences will explore trending issues and best practices in technology-based talent acquisition. Two options are being offered: Option #1: Register for any TAtech 2018 conference by November 30th, and get 10% off the normal registration rate. Use the discount code TATECHTEN18 when you register. Option #2: Register for TAtechEurope 2018 by the same date, and get 50% off a second TAtech 2018 conference. Contact email@example.com for your discount. Best of all, these discounts are on top of the already low Awesome Early Bird Discount Rate which is currently in effect for all of TAtech’s 2018 conferences.
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.