Curated Intel from the Talent Tech Industry
July 31-August 6, 2023:
• Trucking right along: Wright Media intros AI-powered programmatic platform HireMaster.ai;
• Proving a penny-wise a pound-foolish: VC spending on HR tech plunges as talent grows critical;
• Limiting the use of training data: Zoom rewrites policy to preclude tapping user data to train AI;
• Improving candidate engagement: Harver launches conversational AI solution Harver CHAT(tm);
• Putting policies into action: EOC alleges staffing firm failed to recruit applicants based on race.
PLUS
Early Bird Discounts for TAtech Europe & The World Job Board Forum end in just 2 weeks. Don’t miss this opportunity to attend the premier B2B conference for job boards and talent technology companies in the EMEA region AND save big! Coming up in London on December 4-6, it is the only event that’s specifically designed for company CEOs, their direct reports and rising stars and totally focused on advancing the bottom-line growth of their enterprises. So, don’t delay; register today to take advantage of Early Bird Discounts.
Wright Media Revolutionizes Programmatic Job Advertising With Launch of HireMaster.AI, an Industry-Leading Artificial Intelligence Powered Platform
Wright Media, LLC, a pioneer in innovative recruiting solutions, is proud to announce the game-changing launch of HireMaster.AI, an advanced programmatic job advertising software platform that harnesses the potential of Artificial Intelligence (AI) to reshape the recruitment landscape. “HireMaster.AI represents the next evolution of our commitment to innovation. Our mission has always been to make our clients' hiring processes seamless and exceed their expectations. With this latest platform, we are confident of achieving just that and revolutionizing the industry” Recognizing the increasing demand for a more sophisticated and efficient programmatic recruiting platform, Wright Media's visionary team of developers embarked on a mission to create HireMaster.AI. This cutting-edge AI-powered platform is designed to leverage the immense opportunities presented by the next data wave, ensuring clients stay ahead of the curve and exceed their hiring goals. "HireMaster.AI represents the next evolution of our commitment to innovation. Our mission has always been to make our clients' hiring processes seamless and exceed their expectations. With this latest platform, we are confident of achieving just that and revolutionizing the industry," said Kenny Wright, CEO of Wright Media, LLC.
HR Tech Funding Falls To 3-Year Low After Flurry Of VC Interest
Just as the way people work has continued to evolve, the way investors look at tech to manage that workforce has changed in the past year. Venture funding to the plethora of startups providing tools and platforms in the human resources space exploded in 2021 — as it did in most sectors — with innovative startups locking up more than $10.5 billion in over 800 deals globally, per Crunchbase data. Last year, such startups had similar luck, raising more than $8 billion in nearly 700 deals even as the venture market cooled. However, venture funding in HR has been called into the office (so to speak) through the last four quarters, taking in less than $3.3 billion as deal flow also slowed. In fact, the recent second quarter was the slowest in the sector for venture dollars in three years and put HR tech startups on pace to raise about $3.3 billion for the current year.
Zoom rewrites its policies to make clear that your videos aren’t used to train AI tools
Zoom has updated its terms of service and reworded a blog post explaining recent terms of service changes referencing its generative AI tools. The company now explicitly states that “communications-like” customer data isn’t being used to train artificial intelligence models for Zoom or third parties. What is covered by communications-like? Basically, the content of your videoconferencing on Zoom. Zoom has come under scrutiny over terms of service language that people interpreted as giving the company broad control and copyrights of customer data, including potentially anything they showed or discussed during a call, with the intention of using that content to train the AI models that power features like its meeting summaries.
Harver Launches AI-powered Harver CHAT™ Solution to Optimize Candidate Engagement in Hiring
Harver, the industry-leading hiring solution helping organizations optimize their talent decisions, today announced the launch of its new Conversational Hiring AI Tool, Harver CHAT™, designed to automate and streamline the application experience for candidates while boosting employer brand. Amid a generational workforce shortage, economic uncertainty, and tightened HR budgets, competition for best-fit candidates in the job market is as contentious as ever. Paired with increasing candidate expectations within the recruitment process, the need for employers to deliver a streamlined and engaging hiring experience has never been greater. When faced with hiring people quickly or finding the right candidate fit, Harver allows you to have both, making the application process easy and delightful. Built on the latest innovations in conversational AI and natural language processing, CHAT™ automates the application process for employers, appearing as an embedded widget or standalone experience complete with employer branding. Engage candidates with a conversational kick-off to the application process, while allowing candidates to ask questions and gain a better understanding of the job at hand.
EOC alleges staffing firm recruited based on race, seeks class members
The U.S. Equal Employment Opportunity Commission put out a call last week for workers who applied for a job with nationwide staffing firm BaronHR. The federal agency sued the firm last year, alleging the employer for years failed to recruit and refer Black, Asian and White, non-Hispanic workers for low-skill positions and denied workers placement opportunities based on sex. EEOC also alleged BaronHR screened out individuals with disabilities and perceived disabilities. It exclusively hired and referred “physically fit candidates” with no history of injury, the commission alleged.
Early Bird Discounts for TAtech Europe End in 2 Weeks
Early Bird Discounts for TAtech Europe & The World Job Board Forum end in just 2 weeks. Don’t miss this opportunity to attend the premier B2B conference for job boards and talent technology companies in the EMEA region AND save big! Coming up in London on December 4-6, it is the only event that’s specifically designed for company CEOs, their direct reports and rising stars and totally focused on advancing the bottom-line growth of their enterprises. Whether your company is a niche or general job board, aggregator, talent marketplace, online classifieds business, programmatic platform, chatbot, conversational AI solution, ATS, recruitment marketing solution, CRM platform, interviewing or assessment system or talent technology consultancy, this event will supercharge your sales and your profits. So, don’t delay; register today to take advantage of Early Bird Discounts.