Ideal and SmartRecruiters Partner to Bring AI-Powered Recruitment Automation to Hiring and Drive Cost Per Hire Down 71%
TORONTO, ON (May 17, 2017) – Ideal, an artificial intelligence for recruiting company, announced today that it has partnered with SmartRecruiters, the Hiring Success Company, as an innovative analytics partner to transform recruiting and optimize customers’ entire talent acquisition process. Ideal’s AI-powered recruiting software is now available to all SmartRecruiters clients via the SmartRecruiters Marketplace.
SmartRecruiters’ Talent Acquisition Suite is used by high-performance organizations for making the best hires. It has full functionality for recruitment marketing and collaborative hiring built on a modern cloud platform, with an open marketplace for third-party recruitment services. Continue reading
According to LinkedIn’s 2017 Global Recruiting Trends, 38% of talent acquisition leaders would invest in candidate experience if money wasn’t an issue.
Candidate experience is a candidate’s overall evaluation of the hiring process from sourcing, screening, interviewing, hiring, and onboarding.
As an area of recruiting that’s historically had a pretty terrible reputation, the good news is that there’s a lot of room for improvement.
Here are 5 ways technology can help improve your candidate experience. Why candidate experience matters
A survey of job seekers found that nearly 60% of them have had a poor candidate experience. A bad candidate experience can seriously damage your recruiting efforts. Continue reading
The “hiring is broken” reputation is a hard one for recruiters to shake and the hiring process is only predicted to become even harder this year. To help you maintain your recruiting sanity, I’ve compiled a list of 6 fixes to improve your hiring process summarized in an infographic below. 1. Attract more candidates by promoting your employer brand
A LinkedIn survey found the #1 obstacle for job seekers changing jobs is “not knowing what it’s really like to work at the company.” This uncertainty is a big reason why recruitment marketing has become so popular. As a central part of recruitment marketing, your employer brand is a reflection of your company’s culture, values, and mission. Continue reading
What does recruiting look like in the year 2017, and how can your business cut through the noise to find the best candidates possible this year? Recruitment trends are constantly changing, reflecting a shifting economy, the job market, new legislation, popular professional fields, and much more. Here are the trends that seem to be defining recruitment this year and what they mean for your company. The Trend: Top talent is becoming harder to find.
What it means:
Since the start of the economic recession in 2008, there have been more job seekers than there have been desirable jobs for them to fill. Continue reading
A major feature of AI for recruiting is its ability to stop unconscious bias. A recent lawsuit reminds us why we need to avoid bias during hiring: Palantir, a software startup, is paying $1.7 million to settle a racial discrimination lawsuit with the Department of Labor’s Office of Federal Contract Compliance Programs (OFCCP).
Similar to EEOC guidelines, as a federal government contractor, Palantir cannot discriminate based on race, color, religion, sex, sexual orientation, gender identity, national origin, disability or against military veterans.
The Department of Labor accused Palantir of disproportionately eliminating qualified Asian applicants for engineering positions. The lawsuit alleges Asian applicants were routinely eliminated in the resume screening and telephone interview phases despite being as qualified as white applicants. Continue reading
With hiring volume up this year, recruiters are investigating new AI recruiting innovations to efficiently and creatively manage their increased workflow.
The eagerness for bigger and better tools has led to this rise in AI in recruiting: the application of artificial intelligence such as machine learning, natural language processing, and sentiment analysis to the recruitment function.
The interest towards adopting AI in recruiting is similar to why it’s becoming popular everywhere else – to automate or streamline parts of the workflow, especially time-consuming, repetitive tasks that were previously difficult or impossible to do.
Recruiting software that uses AI technology is presenting new opportunities for doing things differently. Continue reading
With hundreds of recruiting tech companies out there, how do you determine which ones are the top recruiting software tools worth investing in?
According to Bersin, the HR tech market is estimated to be worth $14 billion. A big chunk of this market is made up of recruiting software. The applicant tracking system (ATS) market is estimated to be worth $3 billion on its own.
To narrow down the list, I’ve created this guide to the 28 top recruiting software tools of 2017 summarized in the infographic below.
Job Boards & Job Aggregators
Job boards and job aggregators are a crucial part of the recruiting software ecosystem because applicants make up the biggest source of hires at 50%. Continue reading
Ideal Improves the Candidate Experience and Optimizes Talent Acquisition Opportunities
TORONTO, ON–(April 3, 2017) – Ideal, an Artificial Intelligence (AI) for Recruiting company, is pleased to announce the successful implementation of their AI technology with the “cultural department store for booklovers,” Indigo Books & Music Inc. A first-mover in recruitment automation, Ideal enables employers such as Indigo to leverage artificial intelligence technology to automate commoditized recruiting tasks such as resume screening and shortlisting. By eliminating these more routine functions, talent acquisition professionals can focus on high-value responsibilities such as interviewing and building relationships with candidates.
Ideal’s recruitment automation technology has helped Indigo succeed with two compelling initiatives: improving the candidate experience and optimizing talent acquisition opportunities. Continue reading
Recruiters aren’t just people experts these days, they’re software and tech experts too. This is because success depends a lot on having the right recruitment software system in place.
But with thousands of recruiting software tools out there, it can be hard to narrow down what you really need to make your job easier.
To help figure it out, here are 5 features that you need for a great recruitment software system.
1. Automating time-consuming tasks
An Aberdeen Group report found 59% of recruiters said that they don’t have the manpower or time to review all of the applications they receive for a job posting. Continue reading
Often used to measure recruiting efficiency, time to hire is the number of days between first contact with a candidate to the day the candidate accepts the offer.
Workable’s data finds the average time to hire in the US is 24 days (compared to 41 days for time to fill), ranging from 17 days for healthcare roles to 32 days for product management roles.
Although some experts argue reducing time to hire isn’t always beneficial, a recent survey found 52% of recruiters believe a lengthy hiring process is the biggest obstacle to adding headcount.
In today’s competitive talent market, hiring success will depend on intelligently automating and streamlining the recruiting process. Continue reading