Ideal blog

AI for Recruiting: News, Tips, and Trends

How Recruiters Buy HR Tech: New Workology Research

Workology recently conducted the HR and Recruiting Buyer Survey to capture who the HR and recruiting professionals who purchase HR tech are and their buying process.

Here are the top 5 findings from the Workology HR tech buyers survey.

Company size
    23% fewer than 50 employees  15% 101-250 employees 13% 1,000-5,000 employees 13% 10,000 or more employees

With almost a quarter of surveyed buyers work at small organizations of (less than 50 employees) while a quarter work at enterprises (1000 or more employees), which explains the variation in HR tech products that the market is able to offer. Continue reading

Ideal Will Be At HR Tech 2018

Tens of thousands of HR executives will be in Las Vegas next week. That’s right, it’s that time of the year again – HR Technology Conference & Exposition!

With keynotes from Arianna Huffington and Josh Bersin, more than 450 exhibitors, hundreds of sessions, and plenty of parties, HR Tech is the can’t miss event of the year.

This year’s themes include emerging technologies such as machine learning, natural language processing, and chatbots, the rise of niche products that address specific new needs, and the consolidation of the HR tech market with all the recent acquisitions and partnerships (e.g., UltiPro acquiring People Doc). Continue reading

7 New Insights On Today’s Talent Acquisition

HR.com and IBM Smarter Workforce Institute recently released a comprehensive report on the state of talent acquisition called, “How Organizations Identify and Hire Great Talent.”

The extensive survey included questions about HR leaders’ top hiring challenges, their time to fill, and their desired outcomes for using AI in talent acquisition.

Here are 7 new insights into today’s talent acquisition from the HR.com and IBM report summarized in an infographic:

1. 38% believe the biggest hiring challenge is losing promising candidates during the hiring process

Losing promising candidates during the hiring process was the hardest hiring challenges for 38% of respondents. Continue reading

How To Encourage Executive Buy-In For Quality Of Hire

Most advice on improving quality of hire will mention “getting executive buy-in” on both the importance of quality hiring and what types of people they think the organization needs or where the strategy is going.

As many recruiters know, however, getting executive buy-in for recruiting efforts can be a challenge. 

The biggest ways for a recruiter to improve their quality of hire are to do some of the following:

    Use technology wisely Look at the data: where in the hiring funnel are things dropping off? Revisit the metrics associated with someone defined as a quality hire Build better relationships with hiring managers

Those are the “big four” ways to improve quality of hire. Continue reading

3 Tips For Measuring Quality Of Hire In Financial Services

LinkedIn reports quality of hire is the most important recruiting priority for talent acquisition leaders. Quality of hire is the value a new hire adds to your organization in terms of performance and tenure.

For financial services, quality of hire is a top priority because it directly contributes to their bottom line.

Measuring quality of hire is notoriously difficult, however, because it requires technical know-how, access to data, and a long-term mentality. Organizations that can get it right will create a huge competitive advantage.

Here are 3 tips for measuring quality of hire when recruiting for financial services.

Tip #1: Partner with the business to determine what a quality hire looks like

The first step to measuring quality of hire is going back to the basics.  Continue reading

How To Build A Better Recruiting Team

The process of building out a very strong recruiting team is often one of the biggest challenges managers face.

How can your recruiting team be more effective? Here are a few things to consider.

An intro to effective team-building

Here’s a useful article detailing five strategies for a high impact team.

There’s some good stuff in there including the power of simplicity in business. They also talk about vulnerability and humility, which are very good traits, especially for the team leader.

One interesting thing in the article is an idea that “team-building is not a cocktail party.”

What does that mean? Continue reading

6 Essential Facts About Recruiting For Financial Institutions

As the finance sector continues to be a strong source of economic growth, recruiting for financial institutions faces a new set of challenges.

Among the highest levels of demand for talent for financial institutions are tech- and data-related roles such as data scientists and quantitative analysts. This means institutions such as major banks have new competitors for talent.

Here are the 6 facts recruiters need to know to successfully hire for today’s financial institutions.

Watch our video on 6 tips to help you successfully recruit for today’s financial institutions:

1. Recruiting AI and automation is becoming common

The financial sector is an innovation leader. Continue reading

8 Features Of An Applicant Tracking System To Help Your Recruiting Today

In 2018, employers are looking to hire more than ever before, while many employees are looking for a change.

According to a recent study by CareerBuilder, an astounding 40 percent of employees reported that they plan to change jobs in 2018. With so many candidates applying to jobs, companies are going to have to step up their game to attract the most qualified applicants and organize them once they’ve applied.

That’s where finding the best Applicant Tracking System comes into play.

What is an Applicant Tracking System?

An Applicant Tracking System, also known as an ATS or talent management system, is an easy-to-use computer-based hiring tool that can help recruiters save time and stay organized as they search for the best candidates. Continue reading

Using AI For Recruitment: HR Reporter Video

With AI’s growing adoption, recruiters are enjoying the clear benefits of the increased efficiency provided by intelligent automation.

However, AI continues to capture the attention of recruiting professionals for another major reason: according to LinkedIn’s Recruiting Trends 2018, 43% believe it removes human bias.

In a new interview with Canadian HR Reporter, watch Ideal’s data scientist, Ji-A Min, explain how AI technology like Ideal can be used to reduce unconscious bias and improve workplace diversity.

Continue reading

How To improve Your Candidate Communication

Anyone in talent acquisition understands that applicants want to be communicated with.

The stats on this are everywhere:

CareerBuilder found 84% of applicants expect some type of email response early in the hiring process.

Software Advice found the top requests of job seekers were:

More communication Notification if passed over Timeline of hiring process Human contact after application Timeliness of replies

Unsurprisingly, 4 of the top 5 aspects that candidates want improved involve better communication.

So why don’t we communicate better? Time.

We’re managing too many open requisitions and have too much on our plate and only a certain number of hours in the day. Continue reading