Rectech: The Recruiting Technology Podcast

Andrew Flowers is the lead labor economist at Appcast, today he’ll discuss the results from the report, the current labor market and how hiring professionals can use this report to overcome another rough year for recruiting. What are the key takeaways from this year's report? One of the key metrics Appcast analyzes, is apply rates. Apply rate is the number of people who actually complete a job application after having clicked on a job, represented as a percentage. Its inverse is the candidate drop-off rate. Overall, the median apply rate increased to 4.34%, from 4.05% the previous year, which – while welcome news – means that almost 96 % (95.66%) still do not finish their online job applications.  We finally see at least a slight uptick in the number…Im guess due to more candidates in the market? insightful strategies, to stay ahead in the labor market, such as: Catch the eye of more potential candidates with short job titles and concise job descriptions.  It pays to be transparent: job

GoodJob, the #1 pre-hire assessment software available in the marketplace today, announced a partnership with Merge, the Unified API for B2B integrations. As a result of this partnership, GoodJob’s software now supports integrations with over 50 popular Applicant Tracking Systems (ATS), including Workday, SmartRecruiters, Lever and Greenhouse.  Recruiters, HR teams and business leaders can use GoodJob’s software within their current ATS, allowing them to hire confidently and retain high-performing candidates. https://hrtechfeed.com/goodjob-partners-with-merge-to-integrate-with-over-50-applicant-tracking-systems-ats/ DALLAS — HireLogic, an artificial intelligence (AI) enabled hiring interview intelligence solution, today announced a $6M series A funding round led by Joseph P. Landy, former Partner and Co-Chief Executive Officer of Warburg Pincus. Existing investors from HireLogic’s seed round also participated, bringing total funding raised to over $10M. This investment will be used to advance the capabil

Tech hiring platform Laskie recently introduced a way for jobs to come to candidates in what they call "Reverse Apply". Find out how it works in this episode. Learn more: https://blog.laskie.com/blog/reverse-apply-is-here Watch video: https://www.youtube.com/watch?v=_1PHs_rTvv4

Kanarys, a Dallas, TX-based diversity, equity, inclusion, and belonging (DEIB) technology company, raised $5M in Series A funding. https://hrtechfeed.com/dei-platform-gets-5-million/ Upwork (NASDAQ: UPWK), the world’s work marketplace, today announced a major expansion of its offerings, making full-time hiring available to all customers for the first time. A new end-to-end solution enables businesses of all sizes to find, vet, hire, onboard and pay highly skilled professionals for full-time work arrangements, without the complexity commonly associated with global hiring. https://hrtechfeed.com/upwork-expands-to-support-full-time-hiring/ hireEZ, the end-to-end outbound recruiting platform, today announced it will offer generative AI functionality in a product release slated for March 9. The update will leverage the Generative Pre-trained Transformer 3 (GPT-3) model and hireEZ’s machine learning data to help recruiters compose and send email messages to job candidates faster than with traditional tools.

Three years ago I began researching free recruiting software tools. I even did a webinar on it. Since then, that list has drastically changed. Most of the 20+ tools I found at that time are no longer in existence. https://www.rectechmedia.com/blog/free-recruiting-software So lets update the recruiting audience on who’s left. Here’s my top seven free recruiting software tools. Not included are any tools that have a “free trial”.

Workday, Inc. HCM software company announced a $250 million expansion of its Workday Ventures fund. The additional $250 million investment capital from Workday into Workday Ventures, the strategic capital arm of Workday Inc., builds on the company’s solid performance and is the latest step in its journey to shape the future of work. https://hrtechfeed.com/workday-commits-additional-250-million-investment-capital-to-workday-ventures/ Performica, software helping companies transform people risk into their superpower, announced that it has raised $3 million in its seed round of funding. https://hrtechfeed.com/hr-tech-spinout-performica-closes-on-its-seed-round/ ShiftMed, one of the largest W-2 healthcare workforce management marketplaces, has raised $200 million led by healthcare investors, Panoramic Ventures with participation from Blue Heron Capital and Audacious Capital. Funds will be used to expand ShiftMed’s national footprint across all segments of the healthcare market. https://hrtechfeed.com/heal

Sam Fitzroy is the co-founder and CEO of Dalia, a recruitment marketing automation tool. The company ,just announced the completion of a $5 million Series A round led by Lewis & Clark Venture. The capital will be used to expand its product suite, which maximizes career site conversion rates to make recruitment marketing budgets more efficient and invest further in sales and marketing.

Crimcheck a provider of background screening, reference checks, data checks, and drug testing & occupational health solutions announced that it completed the sale of its company to DISA Global Solutions, provider of drug testing & occupational health services. https://hrtechfeed.com/background-screening-tool-crimcheck-acquired/ Dalia, a recruitment marketing automation platform that helps employers get more qualified applicants for less, today announced the completion of a $5 million Series A round.  https://hrtechfeed.com/dalia-raises-5m-in-series-a-funding-to-help-employers-get-more-qualified-applicants-for-less/ SilkRoad Technology, the world-class talent acquisition leader, announced the completion of a two-way integration between its candidate sourcing solution, Search, and its applicant tracking system, Recruiting.  https://hrtechfeed.com/silkroad-technology-announces-first-true-end-to-end-talent-acquisition-solution/ Cleary, the digital employee experience platform for distributed teams, has c

Candidate Experience: 2022 Talent Board Findings and Top CandE Large Employer Winner What are employers doing to solve for the candidate experience, and how are candidates perceptions of these efforts (or lack thereof)? Join Kevin Grossman and David Crawford to discuss the latest benchmark data reports from The Talent Board covering all things candidate experience and what the latest data is telling us. Here is what can you expect to hear about during our open forum discussion: What candidates expect the most Reasons candidates will bail during your hiring process What is candidate resentment and how do you get access to the calculator to measure it We will also be highlighting some of the major takeaways from the report such as:  Recruiting technologies drive communication and engagement - a higher level of positive, perceived fairness - are those video interviews helping or hindering you? Onboarding activities can improve early retention

Welcome to the Jungle, a French startup, has raised $54 million (€50 million) in Series C funding. https://hrtechfeed.com/french-job-platform-raises-54-million/ NEW YORK —- Skillit, the recruiting platform for skilled, full-time construction labor, today announced its $5.1M seed round led by Building Ventures with participation from MetaProp, HOLT Ventures, Great North Ventures, 1Sharpe Ventures and Takeoff Capital. The platform is already in the hands of select ENR contractors including industry leader Messer Construction. https://hrtechfeed.com/construction-recruiting-startup-gets-5-1-million/ Deel, the global HR company, recently announced the launch of Deel HR, US Payroll, and Deel Engage, making it possible, for the first time, to hire, manage, and pay global teams compliantly on one platform. This news comes as Deel hits $295 million annual recurring revenue (ARR) at a $12 billion valuation – up from just $57 million ARR a year ago. https://hrtechfeed.com/new-hr-tech-from-deel-skillcycle/  Clo

Gustavo Serbia is the Vice President of Human Resources for Hair Cuttery….a Retail chain in the beauty space with over 5,000+ employees across 10 states. There he leads the planning and execution for the entire employee life-cycle, including employee engagement, compensation, benefits, learning and development, employee relations, recruiting, and employment branding. BTW You can check out their career brand at… haircutterycareers.com   Are you ready for a new year of recruiting?    What will you be focusing on this year as far as refining your TA strategy? Give us a sense of your hiring needs on a yearly basis, can you break down some of the numbers for the audience? As well as types of positions? Size of your recruiting team? Do you do sourcing in house for certain roles? What is in your recruiting technology stack?  How effective is paradox/chat bot for recruiting?  You have the task of recruiting for commission only roles… describe that challenge? How do you recruit for a commission only rol

Fama Technologies, Inc., the online background screening solution, has successfully achieved SOC 2® Type 1 compliance in accordance with standards established by the American Institute of Certified Public Accountants (AICPA). Achieving this compliance milestone demonstrates how Fama safeguards customer data and maintains controls over the completeness and accuracy of financial transactions and financial statement reporting.  https://hrtechfeed.com/fama-technologies-achieves-soc-2-type-1-compliance/ ShiftKey, a Dallas-based technology company transforming the future of work by empowering licensed professionals to connect directly with healthcare facilities with open workforce needs, announced today that it has closed on a funding round sponsored by majority investor Lorient Capital, valuing the company in excess of $2 billion. https://hrtechfeed.com/healthcare-recruiting-platform-lands-huge-investment/ Video interview platform myInterview has landed a Series A investment round led by the company’s existi

Jaime Engle  started her career in talent acquisition on the agency side doing full desk tech recruiting at two different organizations before going in house to a Chicago startup called Uptake. She helped grow the company to over 850 employees. After that she joined a data science and SaaS consulting firm called Civis Analytics where she was promoted to a senior recruiter then recruiting manager. After contracting at Salesforce, she returned to the tech startup world at Balto, an AI call assist software company based in St. Louis where she helped grow and scale the business as the Director of Talent.   Its not everyday you see recruiters praising their ATS on linkedin but thats what you did and thats why I reached out to you… LET ME READ WHAT YOU WROTE FOR THE LISTENING AUDIENCE Greenhouse is the best ATS. Lever is second to Greenhouse. Workday is the worst. I said it. I stand by it. Fetcher and Gem are game changing sourcing tools, the dashboarding/data viz capabilities Gem has to communicate pipeline

Careerlink Holdings, Inc. [Careerlink.com], a provider of HR recruiting, staffing and retention software and services, announced it intends to allow new public investment in the company under Securities and Exchange Commission (SEC) Regulation A+.  Careerlink.com has been a regional job board for 20 years and is under new ownership who is adding staffing and other employer services to the business model. https://hrtechfeed.com/careerlink-files-with-securities-and-exchange-commission-for-public-offering/ Austin, TX: gigaroo was founded in 2022 by CEO, Adir Oren, and CRO, Yair Almagor and was built to transform the service industry employment market by enabling employers to find and retain staff on an ongoing basis. In addition to giving Gen-Z jobseekers control over their schedules and wages, employers can benefit from loyal employees by changing their mindsets to be more open to flexible hours. https://hrtechfeed.com/service-industry-gig-app-launches-with-funding/ Freelance management platform Workgeni

The time where we look back on all the predictions and trends that were made for 2022, see if they held up, and contemplate what will be coming our way in 2023. This year was the continuation of the Great Resignation, hybrid work and changing office requirements, and a lot of big players in the space making drastic changes with layoffs and maybe a bit of Great Remorse. Brian Fink will be joining us for our annual look back and leap forward. Last year, Brian predicted that a lot of recruiters were going to start to understand what a bad candidate experience really felt like - and wow, was he ever right. And as we look at the rapidly changing landscape, are we in for recession, are there clear skies ahead? How do we have massive layoffs and yet a talent shortage all at the same time - how did we get here and is there a clear path into next year? How do you adjust your strategy to manage the uncertain landscape ahead? Does candidate experience matter anymore? Who are the winners and losers in this cur

A list of all the HR tech funding news from 2022. https://hrtechfeed.com/venture-capital/

BEAMERY, announced it has closed a $50 million Series D funding round, taking the company to a valuation of over $1 billion – representing a 25% valuation uplift over their previous round in a challenging funding environment. https://hrtechfeed.com/beamery-raises-50-million-in-series-d-funding/ UPWORK the freelance marketplace that connects businesses with independent talent, released the results of “Freelance Forward: 2022,” the most comprehensive study of the U.S. independent workforce, which found that 60 million Americans performed freelance work in the past 12 months, representing 39% of the entire U.S. workforce. https://hrtechfeed.com/39-of-the-entire-u-s-workforce-is-freelancing/  

A look back at the acquisitions from the HR tech industry.  https://hrtechfeed.com/acquisitions/

AllWork, the end-to-end platform that helps companies more efficiently and compliantly onboard, manage and pay their freelancer and contingent workforces, today announced the completion of a $4.9 million Series A funding round. AllWork will use the funds to expand its software, payment services and team to meet the increasing need by companies and freelancers for an easier way to work together. https://hrtechfeed.com/allwork-announces-4-9-million-series-a-funding-round/ LumApps, an employee experience platform, has acquired Vizir, an innovative no-code digital assistant technology (“predictive chatbots”) that human resources, and information technology, communications departments can use to automate mundane tasks and improve employee access to knowledge, resources, and third-party applications at lower costs.     https://hrtechfeed.com/lumapps-acquires-vizir/ Hunt Club , a recruiting startup that leverages the power of relationships and technology to help companies find top talent, announces their $40 m

Greetr.io is a new candidate experice software that will be launching in 2023. I caught up with CEO Bill Fanning to learn more.