Ideal blog

AI for Recruiting: News, Tips, and Trends

Ideal and iCIMS Announce Partnership, Bringing Artificial Intelligence to Talent Acquisition and Enabling Recruiters to Automate Candidate Sourcing, Screening and Rediscovery

Ideal integrates with iCIMS Talent Acquisition Suite

TORONTO, October 31, 2017 – Ideal, an artificial intelligence (AI) for recruiting company, today announced a partnership with iCIMS, Inc., a leading provider of cloud-based talent acquisition solutions.

Ideal’s AI-powered Intelligent Virtual Assistant now offers a simple integration into the iCIMS Talent Platform, a suite of talent acquisition tools that enables organizations to source, screen, and employ the best talent for their ever-changing business needs. The partnership offers a seamless transfer of screened and shortlisted candidates from Ideal, into the iCIMS Talent Platform, where recruiters can manage the hiring process from start to finish, all within a single platform to power better data analytics. Continue reading

Ideal Raises $3M to Scale AI for Recruiting Platform, Targeting Inefficient High-Volume Hiring Process

Ideal, AI for recruiting software, raises $3M to accelerate the capabilities of their virtual recruiting assistant and streamline high-volume hiring

TORONTO, August 29, 2017 – Today Ideal, an AI for recruiting company, announced the completion of a $3M financing round that will be used to accelerate the capabilities of their AI and onboard new customers faster. The round was led by prominent investors including Mike Durland, Michael Hyatt and Richard Hyatt, alongside the MaRS Investment Accelerator Fund, a fund based at MaRS Discovery District in Toronto.

“We are thrilled to be able to work so closely with our investors and the MaRS Investment Accelerator Fund. Continue reading

HR Compliance Basics For Recruiters: A Q&A With Lawyer Kate Bischoff

HR compliance may not be the most exciting topic around but it’s one that recruiters need to understand to do their jobs ethically and legally.

With laws at the federal, state, and local levels, compliance can be a confusing and complicated issue.  That’s why I spoke with employment lawyer, Kate Bischoff, to share her expertise on the basics of HR compliance that every recruiter should know.

What does being compliant mean in the context of recruiting?

Compliance in recruiting is currently focused on discrimination, specifically disparate treatment and impact.

In the future, issues around the Fair Credit Reporting Act (FCRA) and privacy will become more important. Continue reading

[Survey] Participants Needed! The State Of AI & Talent Acquisition 2017

Along with talent solutions company TalentMinded, we’re collecting data for an upcoming report on the adoption of AI and how talent acquisition professionals feel about this emerging technology.

Are you in Talent Acquisition and want your voice heard?

By completing the survey, you’ll be helping us to gauge where the industry is, where it’s going to go, and how Talent Acquisition leaders are leveraging AI.

You’ll also be among the first to see the results!

Time commitment: < 10 minutes

Thanks for your time! If you have any questions regarding the survey please don’t hesitate to reach out to our Head Data Scientist, Ji-A Min at jia@ideal.com. Continue reading

Ideal Joins SmartRecruiters Marketplace, Now Every Customer Can Enjoy Recruitment Automation Fully Integrated Into Their Hiring Workflow

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

6 Fixes That Immediately Improve Your Hiring Process [Infographic]

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

How AI Can Stop Unconscious Bias In Recruiting

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

The 29 Top Recruiting Software Tools Of 2018

In 2017, 66% of venture capital deals in HR tech went to talent acquisition solutions.

With hundreds of recruiting software companies out there, how do you determine which ones are worth investing in?

To highlight the best in the market, I’ve created this guide to the 29 top recruiting software tools of 2018.

Job Aggregators

Job boards and job aggregators are central to the recruiting ecosystem because direct applicants make up 48% of all hires.

Indeed, with its resume database of 100 million strong, is the biggest source of external hires by far. In 2017, it was credited with an incredible 72% of interviews and 65% of hires in the US. Continue reading

Ideal Applies Artificial Intelligence to Optimize High-Volume Retail Hiring

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

5 Reasons Candidate Rediscovery Is Recruiting’s Next Big Thing

Glen Cathey calls it the #1 mistake in corporate recruiting: the failure to leverage candidate rediscovery.

Candidate rediscovery is the practice of mining your existing resume database to find candidates for open reqs.

Watch our video on how recruiters are using AI to rediscover candidates in their ATS:

 

Although most ATSs have had a rudimentary form of internal search for a while, it’s only recently that advances in software have allowed recruiting teams to find and match previous candidates to an open req easily, quickly, and accurately.

In 2017, there are 5 reasons why this type of talent rediscovery is poised to become the next big thing in recruiting. Continue reading