Ideal blog

AI for Recruiting: News, Tips, and Trends

Machine Learning In HR: Why More Than 63% Of Companies Are Already Using It

Is machine learning adoption in HR starting to feel more like a necessity than an experiment?

The rate of AI and machine learning adoption is drastic

A recent article from Deloitte outlines several key insights that are extremely valuable for people interested in learning more about AI. The fact of the matter? Adoption is increasing drastically, and the level of support for AI is only going to increase. In HR tech, cognitive technologies are using to improve quality of hire, and to reduce time to fill. With 62% of companies adopting AI by the end of the year, what’s stopping you from being on the leading edge of a technological revolution? Continue reading

How AI Changes Hiring For CPGs

Is hiring for CPGs – consumer packaged goods – roles any different than hiring and sourcing in general?

So is it different?

Somewhat, yes.

First, by way of quick definition: CPG typically refers to merchandise that customers use up and replace on a frequent basis; examples include packaged foods and household items like Oreos and Tide. The CPG industry is one of the largest in America, with an annual value exceeding $2 trillion.

At the 35,000-foot level, hiring and sourcing for CPGs is similar to other industries and verticals. But CPGs also have a need for very specific skill sets, which we’ll address first. Continue reading

Guest Blog: How Is Tech Making Recruitment A 24/7 Service?

Is recruiting now longer your typical 9-5 job?

It’s no longer a 9-5

To say that technology has changed the traditional 9-to-5 is overly simplistic. Each new invention or improvement on existing internet technologies brings a new wave of innovation across all industries, and recruitment is no different.

Business is already undergoing rapid change, and is no longer relegated to the Monday to Friday “grind.” Case in point: a recent Gallup survey found that 35% of current employees would quit their job for the chance to move into a role that offered full-time remote or flexible work.

As these younger generations – known as Millennials and Generation Z – begin to enter the workforce, non-traditional working cultures are already starting to become the new normal. Continue reading

How To Get Off That Open Req Hamster Wheel

Are you struggling to have control over all of your open requisitions?

The problem and why it exists

True story: at a trade show in 2018, we met one recruiter from an organization in Florida who was outpacing all her colleagues in terms of billing by a factor of fifteen to one. Yes, it was third-party and not in-house, but her revenues were amazing. And none of her colleagues could figure it out. She never seemed to fill open reqs. How was she billing so much?

Short answer: she had the clients. But she was so good at building proactive pipelines that clients were coming to her before an open req and she was finding them the ideal person. Continue reading

HR Policy Association Awards a Badge of Excellence to Ideal

HR Policy Recruiting Software Initiative Review Board Identifies Innovators in the Field of Human Resources Automation and Software Solutions

Washington, D.C. – The HR Policy Association, the leading organization representing over 380 Chief Human Resources Officers at the largest corporations in the United States, is pleased to announce that its Recruiting Software Initiative (RSI) has awarded Ideal with a Badge of Excellence for Justification. Talent acquisition leaders from nearly 20 HR Policy member companies assembled at the beginning of 2018 to create the RSI Review Board to identify innovators whose products and services deserve consideration by Chief Human Resource Officers of large corporations. Continue reading

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

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

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

How Automated Candidate Screening Solves The “Ignore” Problem

The ability to automate candidate screening, a crucial step in the recruiting process, promises to solve one of the biggest problems in recruiting: the resume “ignore” problem. LinkedIn reports 69% of talent acquisition leaders state their hiring volume has increased this year, but only 26% of their recruiting teams have increased.

Finding tools to intelligently automate some part of the recruiting workflow will be a top priority in 2017.

Automated candidate screening has the potential to solve the resume “ignore” problem that continues to plague recruiters.

The resume “ignore” problem

Over the years, large companies will amass thousands – even millions – of resumes sitting in their ATS. Continue reading