Rectech: The Recruiting Technology Podcast

This episode is sponsored by Dalia.co and FastTalent.com Lumina, the leading supplier of Visual Job Postings to the recruitment industry,announced a strategic partnership with Indeed. https://hrtechfeed.com/lumina-video-tool-partners-with-indeed/ Don’t miss Skills Day on December 11 at 10am ET as industry experts from leading organizations including Deloitte, EPAM, Truist, and PwC Germany share real-world examples and guidance for using skills data to enhance hiring and retention. Save your seat Viser announced a powerful new agent-based workforce AI platform that allows HRIT leaders and peopletech product teams to create powerful and secure agentic AI solutions.  Designed to give organizations a Workforce AI Edge, this first-of-its-kind agent-based AI platform provides technical teams the foundation to launch their own team of AI-based agents that brings together all the critical enterprise data across people and work.  https://hrtechfeed.com/visier-launches-analytic-ai-agent-platform/ And finally

Jesse Tinsley is the CEO of Recriter.com, an OnDemand recruiting platform. But he also now leads BountyJobs, Before You Apply and the newly acquired Employer.com which he acquired for a whopping $450K. 

ZipRecruiter® and conversational recruiting company Paradox have teamed up to help enterprise companies simplify hiring. Recruiting teams using the Paradox Conversational Applicant Tracking System (ATS) can now use a new integration to access ZipRecruiter’s millions of job seekers and easy application experience for their open roles. https://hrtechfeed.com/ziprecruiter-partners-with-paradox/ Adzuna, the global job search engine, today announced the acquisition of Seiza, a market leader in social media recruitment advertising. https://hrtechfeed.com/adzuna-acquires-leading-social-recruitment-platform-seiza/ Recruiter.com, a leading holding company in the HR Technology and human capital sectors, today announced its acquisition of BountyJobs. https://hrtechfeed.com/recruiter-com-acquires-bountyjobs/ JobGet, the leading app-first job platform for hourly workers, today announced the acquisition of Snagajob. This acquisition brings JobGet’s reach to over 100 million hourly workers — covering nearly the entir

UKG made two big announcements this week in conjunction with their customer event UKG Aspire. First they announced the launch of the UKG Pro® Talent Marketplace solution, an AI-powered talent management application designed to fill critical labor gaps for the business while opening doors to new career opportunities for frontline employees and knowledge workers alike. https://hrtechfeed.com/ukg-launches-ai-powered-talent-marketplace/ UKG also announced several enhancements to make the all-in-one UKG Ready® HR suite more intelligent and even simpler to use.  Recruit Co., parent company of Indeed and Glassdoor has released results for the Quarter ending Sept 30th. Revenue for Q2 FY2024 increased 10.0% and on a US dollar basis, revenue increased 6.3%. https://hrtechfeed.com/indeeds-latest-earnings-report/ SocialCrowd which automatically tracks employee progress towards goals, reminds them of the work they have left, and rewards them instantly – has raised $2.5M in new funding. https://hrtechfeed.com/work

Veritone recently  released its analysis of Q3 aggregated U.S. Jobs Report,... the research is in conjunction with Aspen Tech Labs…one of the findings was a continued increase in AI jobs….here to talk about that is the GM of Veritone Hire Alex Fourlis. TOPICS 1. New research has come out indicating a growing demand for AI-related jobs. Can you share some of the findings? In Q3, there were 31,610 vacancies in artificial intelligence jobs, a 6.6% increase from Q2 2024 and a 37.5% increase over the past 12 months.  2. Salaries for AI Jobs? In Q3 2024, the median annual salary for AI-related roles was $31,803, 25% higher than for non-AI IT positions. For example, AI-focused software developers were offered an average salary of $166,358, compared to $140,400 for their non-AI counterparts, reflecting a premium of nearly 19% for AI expertise. Among the top 10 U.S. states with the highest number of AI roles, California, New York and Virginia stood out with the largest average salary gaps between AI and non-AI IT

This episode is sponsored in part by Dalia.co and FastTalent.com Alright rec techies …..here’s whats happening this week.Lets start with earnings… Ziprecruiter Quarterly revenue of $117.1 million Quarterly net loss of ($2.6) million, or net loss margin of (2)% https://hrtechfeed.com/ziprecruiter-posts-quarterly-revenue-of-117-1-million/ At Upwork Revenue grew 10% year-over-year to $193.8 million in the third quarter of 2024 Active clients grew 2% year-over-year to 855,000 https://hrtechfeed.com/upwork-reports-third-quarter-2024-financial-results/ At Fiverr Revenue for Q3ʼ24 was $99.6 million, up 8% y/y, accelerating from 6% y/y growth in Q2ʼ24. We saw the demand trends stabilize to some extent from the volatility we experienced last quarter, but it is important to note that overall SMB sentiment and hiring environment continues to be challenging. https://hrtechfeed.com/fiverr-reports-strong-q3/ Lever  announced that Apply Connect, an ATS integration available between LinkedIn

We are excited to share our Q3 U.S. Jobs Report, offering key insights about the U.S. labor market in the third quarter of 2024. The data in this report comes from Aspen Technology Lab’s JobsIndex, which aggregates daily vacancy information from more than 200,000 company career sites, ensuring you receive the most accurate and up-to-date information. Overall, this quarter, vacancies continued their upward trend from Q2. Total job listings ticked up 0.5 percent QoQ, or by roughly 30,000, but are still down 4.5 percent YoY. Q3’s numbers show positive momentum, with full-time salaries and salary transparency on the rise. DOWNLOAD 

This week in Rec Tech is sponsored by Dalia.co and FastTalent.com -------------------------------------------------------------------------- Workforce intelligence platform REEJIG ,unveiled its advanced Workforce Intelligence Suite capabilities powered by its proprietary Work Ontology™ and independently audited Ethical AI. https://hrtechfeed.com/reejig-symphony-talent-launch-new-features/ isolved®, the SMB focused  (HCM) platform, announced several talent-focused product releases and roadmap innovations during its Virtual  Connect conference this week. https://hrtechfeed.com/isolved-announces-enhancements-that-improve-candidate-experience-increase-talent-pipeline/ TalentNeuron, a Leeds Equity portfolio company, today announced the acquisition of HRForecast, a Munich-based provider of strategic workforce planning and skills management software. The acquisition extends TalentNeuron’s strategic workforce planning capabilities beyond any solution in the market today. https://hrtechfeed.com/talentneuron-

In this replay of a Dalia webinar the Director of TA for Shake Shack will describe ther hiring strategies. Moderated by Dalia'a Mikeala Fitzwilliam. https://www.dalia.co/

Sponsored by Dalia.co and FastTalent.com Upwork Stock (NASDAQ:UPWK) jumped after the freelance marketplace announced a workforce reduction to reduce costs and preliminary Q3 results that exceed the top end of guidance. https://seekingalpha.com/news/4195098-upwork-surges-after-workforce-reduction-preliminary-q3-results-announcement Sapia.ai, the world’s only Smart Interviewer™ platform powered by AI, today introduced Phai™, an AI-driven career coach that fits in your pocket. Phai™ combines cutting-edge conversational AI with Sapia’s proprietary dataset to empower job seekers and employees. https://hrtechfeed.com/sapia-ai-unveils-ai-career-coach-for-job-seekers-and-employees/ Employ announced the release of the Employ Recruiter Nation Report 2024. The annual report, this year titled “Empowering People-First Recruiting,” leverages findings from a survey of more than 1,200 talent acquisition decision makers and recruiters in North America and proprietary recruiting data from 22,000+ Employ customers.  h

FastTalent maximizes talent acquisition efficiency with automated job distribution and targeted ads, leveraging real-time market intelligence and transparent ROI tracking. https://www.fasttalent.com/

This episode is sponsored in part by Dalia.co and FastTalent.com Bullhorn Ventures has invested in Staffing Referrals, the leading automated referral management (ARM) platform. This partnership will help staffing agencies source higher-quality talent by digitizing and scaling their existing referral programs. https://hrtechfeed.com/bullhorn-ventures-invests-in-staffing-referrals-to-automate-and-scale-agencies-referral-programs/ Bullhorn, the global leader in software for the staffing and recruitment industry, today announced it now offers enterprise-level staffing firms a fully configurable, end-to-end solution designed to increase operational efficiency and decrease overhead.  The solution combines Bullhorn for Salesforce Application Tracking System (ATS) with Bullhorn Middle Office, which supports staffing firms and recruitment agencies with innovative tools from talent sourcing to client billing and beyond. https://hrtechfeed.com/bullhorn-partners-with-eliassen-group-to-deliver-an-advanced-front-to-b

Join the JobSync team as Gary Noke, President and CEO at Ninjio illuminates the path to building a thriving, talent-focused organization through his expertise and visionary leadership..

Glassdoor announced it is introducing “Worklife Pros“, in the form of relevant rich content into its community experience, providing more opportunities for users to engage in real-time conversations with access to both career experts and other like-minded professionals. https://hrtechfeed.com/glassdoor-doubles-down-on-content-experts/ Rival introduced Rival Workflow, a automated platform that empowers businesses to manage the employee experience – from onboarding to offboarding – in one seamless, integrated experience. https://hrtechfeed.com/new-hr-tech-from-rival-successfinder/ SAN FRANCISCO —- Zeal, the modern payroll platform announced the successful close of a $15 million Series B funding round. This latest investment, led by Portage with continued support from existing investors Spark Capital and Commerce Ventures, marks a significant milestone in Zeal’s mission to redefine payroll for innovative staffing companies, gig-work platforms, and HR service providers, including industry leaders like Wono

Novo Constare is the current Chief Executive and Co-Founder of Indeed Flex. Novo is also the General Manager & Vice President of Staffing Solutions at the organization. Novo co-founded Syft in 2015 in London. Four years later, in the summer of 2019, Syft was acquired by Indeed and rebranded as Indeed Flex.  TOPICS For those that dont know…. Explain what Indeed Flex is? Explain the user experience for the employer? How do they go about finding temporary work on the platform? Why should an employer use this over just posting on Indeed? Whats the typical cost to the employer? Is there a difference between temp staffing in the UK vs the U.S. You started as Syft back in 2015 take me back to those days why did you start it ? What was the biggest challenge you faced in the early days of Syft and how did you overcome that challenge? Same day hiring? What was it like when Indeed came calling and said we want to buy your business? Building a marketplace advice? Whats the futu

ZipRecruiter®, launched the next generation of its Resume Database, a proactive sourcing tool for employers to find qualified candidates in minutes. The new Resume Database gives employers, instant access to candidate contact info, and fresh workflow management tools. https://hrtechfeed.com/ziprecruiter-improves-its-resume-database/ Harver, the hiring solution helping organizations optimize their talent decisions, today announced the availability of Job Fit Finder. Designed to help talent leaders identify and hire the best candidates efficiently, Job Fit Finder utilizes Harver’s behavioral assessment technology to match candidates within their talent pool to other open roles, based on fit. Workstream, the modern payroll, HR, and hiring platform designed for the hourly business, launched a series of new payroll, time clock, and shift scheduling products today to further expand the capabilities of its integrated all-in-one platform. These products provide much-needed functionality to QSR franchisees, rest

In today's podcast I am joined by the founder of CVwallet and his new firm C Squared, Richard Collins. C Squared’s technology infrastructure is enabling the next evolution of recruitment advertising, moving it closer to the hire and making it fit for the age of AI. Our groundbreaking Exchange Traded Feeds (ETFs) enable Ad Agencies, Programmatics and Publishers to deliver more qualified applicants to their clients whilst maximizing their revenue. https://www.csquaredtechnology.com/

Mercor is an AI hiring platform that enables top tech companies and leading AI labs to hire experts at tech companies across software engineering, law, chemistry, finance, and many other professions. VC’s just gave them $30 million to grow the business. https://hrtechfeed.com/ai-job-marketplace-lands-30-million/ DailyPay a United States-based worktech company and provider of earned wage access (EWA), is expanding globally. Beginning this fall, DailyPay, an award-winning provider of EWA services, will have an EWA offering available in the United Kingdom, marking the company’s first foray outside the U.S. https://hrtechfeed.com/dailypay-announces-international-expansion-into-the-united-kingdom/ San Francisco, California – Kula’s latest launch is an all-in-one hiring platform that leverages generative AI to assist recruiters in sourcing, screening, scheduling, and capturing interview feedback with prospective hires, complete with an AI-powered analytics dashboard. This marks Kula’s evolution from a point-so

I travelled to Nashville for RecFest USA and hit up some industry folks while walking the grounds. In this episode you'll hear from; Mark Anderson form Advantage.ai Dan Sapir from JobGet Jake Morse from Pillar.hr Stephen McGrath from Poetry Gina Aliot from Shaker Steve Levy from DHI Group Krista Tan from Talent Collective Enjoy the audio!

Employ Inc., parent company of JazzHR, Lever, Jobvite and NXTThing RPO, today announced the opening of a new office space in Denver, Colo. this “Center of Excellence” will serve as a vital hub for strategic initiatives and operations in Denver, enabling Employ with a more collaborative environment to foster innovation and growth. https://hrtechfeed.com/employ-inc-opens-colorado-office/ SAN FRANCISCO — Censia, a leader in AI-driven talent intelligence solutions, announces a strategic investment from Workday Ventures. This investment underscores Censia’s innovative capabilities and positions it as a leading player in revolutionizing talent management through responsible artificial intelligence. https://hrtechfeed.com/censia-announces-investment-from-workday-ventures/ CareerBUilder & monster the completion of all customary regulatory approvals,for their recent merger. As previously announced, the combination of CareerBuilder and Monster brings together two complementary brands to create a job board with g