Rec Tech: the Recruiting Technology Podcast

According to Abode an early career onboarding platform. Early-career reneges and turnover don't just affect your bottom line; they also take a toll on morale and productivity, making them incredibly costly for your organization. Joining me to discuss is Ben Siegel the Co-founder & CEO Learn more at abodehr.com Learn more about your ad choices. Visit megaphone.fm/adchoices

One Model, a people analytics software company, announced the successful completion of its growth funding round, securing a $41 million investment led by Riverwood Capital, a leading global investor in high-growth technology companies. https://hrtechfeed.com/people-analytics-software-raises-41-million/ SeekOut, the Talent Intelligence Platform, announced two new innovations to help recruiters achieve better results. First, the company made SeekOut Assist, GPT-powered recruiting, publicly available to customers following a brief early access period. SeekOut Assist is a new generative AI technology that enables recruiters to go from a job description to initial contact with qualified candidates in a matter of moments. https://hrtechfeed.com/seekout-announces-general-availability-of-gpt-powered-assist/ Ziprecruiter and indeed both reported earnings, lets start with Zip Ziprecruiter... Quarterly revenue $170.4 million, down 29% y/y Net income of $14.4 million, or net income margin of 8% Adjusted EBITDA of $43.3 million, or Adjusted EBITDA margin of 25% https://hrtechfeed.com/ziprecruiter-revenue-down-29-yoy/ Recruit Holdings Co., Ltd. today reported the first quarter financial results for FY2023. This includes the HR Tech Segment comprised of Indeed and Glassdoor. Revenue for Q1 FY2023 decreased 9.1%. On a US dollar basis, revenue decreased 14.2%. The supply and demand mismatch between job seekers and employers continued to ease, with global labor markets normalizing, particularly in the US. https://hrtechfeed.com/q1-fy2023-financial-results-newsroom-recruit-holdings/   Learn more about your ad choices. Visit megaphone.fm/adchoices

RecruitBot recently raised $8.2 million in additional seed funding to fuel growth of its AI-powered hiring software. RecruitBot is a sourcing tool that lets you find, contact, and hire talent – all in one top-of-funnel solution. They claim a database of more than 600 million candidates. Joining me today is their CEO & Founder Jeremy Schiff Congrats on the funding round, what is the origin story behind RecruitBot Explain the user experience of the tool for the avg recruiter. There are lot of sourcing tools out there…What would you say differentiates RecruitBot from your competition  What impact is artificial intelligence having on recruiting / hiring? Please share some examples of how employers are using the technology  What are some of the pitfalls and challenges employers should be aware of in using AI in their recruiting program?   How can employers incorporate AI while not losing the high-touch approaches new employees seek?  What tips, strategies, and/or best practices can you share with employers for using AI in the recruiting / hiring? Will you guys be exhibiting at any conferences this fall? To learn more about recruitbot go where?   Learn more about your ad choices. Visit megaphone.fm/adchoices

Rippling the payroll and benefits software has announced the launch of Rippling Recruiting, a new applicant tracking system. With Rippling Recruiting, clients can approve new headcount, post requisitions to over 25,000 job boards, schedule interviews, and go straight from offer letter to onboarding in 90 seconds, all in a single system. https://hrtechfeed.com/rippling-launches-ats/ Perceptyx, the leading employee listening and manager effectiveness platform, has acquired Humu, a technology company that uses science-based ‘nudges’ to influence positive behavior change and improve business performance. https://hrtechfeed.com/perceptyx-acquires-humu/  Yello, the largest end-to-end DEI and Early Talent Recruitment platform provider, and Abode, the leading early-career engagement and retention platform, today announce an innovative partnership bringing together two best-in-class technology solutions that have been proven to drive better results in early talent hiring. This strategic alliance delivers unparalleled capabilities for campus recruiting teams, introducing one solution that does everything they need, from sourcing to onboarding and everything in between. https://hrtechfeed.com/yello-and-abodehr-com-join-forces-to-launch-the-first-end-to-end-solution-for-early-career-teams/ Shares of Upwork Inc. UPWK, +32.40% rallied nearly 20% in the aftermarket Wednesday after the platform for freelancers narrowed its quarterly loss, swinging to an adjusted profit, and reported revenue above Wall Street expectations.  https://hrtechfeed.com/upwork-reports-second-quarter-2023-financial-results/ Learn more about your ad choices. Visit megaphone.fm/adchoices

Data in the middle but you got much bot. 🎶 Yep, we're going there. It's time to talk about all things #AI, #machinelearning, and #dataanalytics. Grace E. Niwa from Vertex Pharmaceuticals is joining us to discuss: 👩‍💻 How to combine new school and old school data to solve in-the-moment problems with practical solutions 🤖 How to slice your hiring data from different angles to reveal insights that may have been overlooked before in your processes 👀 How to see opportunities for step-up improvement and how to get started Learn more about your ad choices. Visit megaphone.fm/adchoices

Freelancer.com, the world’s largest freelancing marketplace, recently released new figures revealing a surge in freelance creative writing jobs, growth in business marketing activities, and an increase in on-site photography and videography gigs. Creative Writing – up 58% (from 1,868 to 2,961 jobs) User Interface Design – up 52% (from 2,017 to 3,075 jobs) Twitter Marketing – up 41% from (1,650 to 2,334 jobs) Photography – up 40% from (2,101 to 2,945 jobs) Writing (Microsoft Word) – up 38% (from 3,175 to 4,401 jobs) https://recruitingheadlines.com/fastest-growing-freelance-jobs/ NEW YORK—-Skillit, the data-driven recruiting platform for skilled, full-time construction labor, today announced $8.5M in additional funding co-led by MetaProp and Bow Capital with participation from existing investor Building Ventures. Skillit taxonomizes and assesses everything from skills and experience to professional goals and preferences in order to generate data-rich worker profiles that make it easy to identify, hire and retain the best talent. https://hrtechfeed.com/skillit-secures-8-5m-in-additional-funding-to-solve-todays-skilled-labor-shortage/ SAN FRANCISCO – Findem, the AI talent acquisition solution is giving talent teams a competitive edge with new generative AI capabilities integrated throughout its platform. Built on a foundation of three-dimensional people and company data that is time ordered, Findem’s Talent Data Cloud is uniquely positioned to provide ChatGPT-enabled insights to talent teams across the entire talent lifecycle that cannot be found any other way. https://hrtechfeed.com/findem-integrates-generative-ai-into-its-talent-data-cloud/ Recruitics, a leading provider of data-driven recruitment marketing solutions, is proud to introduce Vision analytics, the first AI-powered recruitment data analytics platform. Vision offers unrivaled accuracy and speed while delivering the most comprehensive recruitment analytics solution in the industry. https://hrtechfeed.com/new-hr-tech-from-recruitics-imocha/ Prompt Your Job https://promptyourjob.com/ Learn more about your ad choices. Visit megaphone.fm/adchoices

In the 2nd part of my interview on Shawn Days Hire Lead Chill podcast we talk about all things Google for Jobs. Learn more about your ad choices. Visit megaphone.fm/adchoices

San Francisco, CA  — RecruitBot, the powerful hiring platform that transforms the entire recruiting experience, has raised $8.2 million in additional seed funding to fuel growth of its AI-powered software. The investment was led by Slow Ventures with participation from other investors https://hrtechfeed.com/recruitbot-lands-additional-8-2-million-investment/ Appcast, the global leader in programmatic recruitment advertising technology and services,  announced today its acquisition of recruitment marketing pioneer, Bayard Advertising. This strategic acquisition combines Appcast’s award-winning programmatic technology with  Bayard’s full-service recruitment marketing capabilities, significantly expanding Appcast’s  offerings to optimize companies’ entire recruitment marketing processes.  https://hrtechfeed.com/appcast-acquires-bayard-advertising-2/ Twitter’s new job listings are slowly being rolled out to Verified Organizations in the app, with some businesses now able to post job openings direct to their Twitter profile. This is according to an article from Social media today.com https://www.socialmediatoday.com/news/twitters-new-job-listings-option-looks-close-to-launch/686108/ Learn more about your ad choices. Visit megaphone.fm/adchoices

I was a gust on Shawn Day's Facebook live show for his group called Hire Lead & Chill where we talked about a variety of topics in online recruiting. Part 2 will be out next week talking more about Google for Jobs. Learn more about your ad choices. Visit megaphone.fm/adchoices

Daniel Chait CEO of hiring software Greenhouse.io joins the show to talk about the state of HR Tech, AI, remote work and more. Learn more about your ad choices. Visit megaphone.fm/adchoices