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SCG Trendwatch: Recruitment Industry News & Insights – July 2019

TrendwatchWelcome to your monthly round-up for busy HR professionals. Each month, we share the latest news, strategies, tools and trends affecting the recruitment landscape. Check in each month for the latest updates from all over the web.  

Indeed announces acquisition of automated recruitment technology platform ClickIQ.

Indeed, the world’s #1 job site, announced today that it has signed an agreement to acquire ClickIQ, an automated job advertising technology platform, based in the UK.  Read more…

Tech startup Appcast sold for $79 million.

A 5½-year-old Upper Valley digital startup that has become a major player in helping national employers find job candidates has sold a majority stake in the company to a German media giant for $79 million.  Read more…

2019 Study reveals new trends in trucking recruitment.

The trucking and logistics industries are the backbone of the U.S. economy. Naturally, as the economy flourishes, the need for trucks, and drivers, skyrockets. However, the high-volume, high-turnover nature of the industry makes recruiting truck drivers difficult. Research from a 2017 study shows that driver turnover is exceptionally high, reaching as high as 98 percent in 2017 with 70 percent of that turnover occurring in the first year of employment; this rate of turnover places an added layer of difficulty on driver recruitment.  Read more…

iCIMS acquires Jibe to expand engagement, recruitment marketing capabilities.

iCIMS acquired recruiting technology platform Jibe with an eye toward strengthening its offerings in employer branding, candidate engagement and tracking the return on recruiting investments.

Jibe will power iCIMS’ new recruitment marketing solution, Attract, which is available as either part of its core platform or as the front end of other, integrated ATS or HCM solutions.  Read more…

Disability Equality Index shows steady growth of inclusion.

A total of 156 out of the 180 organizations included in the Disability Equality Index received top scores for their inclusion of people with disabilities. The index is a collaboration between the American Association of People with Disabilities (AAPD) and Disability:IN, a nonprofit organization focused on disability inclusion in business.  Read more…

Oregon passes nation’s most generous paid family leave law.

Oregon lawmakers recently enacted the nation’s most generous paid leave program. Gov. Kate Brown signed a law into effect on July 1 that will provide 12 weeks of paid leave to just about every employee in the state (yes, even if you only have one employee), to be funded by a new payroll tax paid by both workers and employers with 25 or more employees. While the law doesn’t kick in until 2023, it’s never too early to learn about what’s around the corner and start to prepare.  Read more…

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SCG Trendwatch: Recruitment Industry News & Insights – June 2019

TrendwatchWelcome to your monthly recruitment advertising round-up for busy HR professionals. Each month, we share the latest news, strategies, tools and trends affecting the recruitment landscape. Check in each month for the latest updates from all over the web.

Tech’s jobless rate dips to 1.3%, lowest since Q1 2000

Although job gains were lackluster across most industries, including normally strong sectors like construction, tech jobs continue to show growth in an uncertain economy, partly because nearly every industry has a need for tech-minded personnel.  Read more…

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Monster turns job ads into videos

Video in the recruiting process isn’t a new concept, but employers and vendors alike are finding new ways to use the tech to improve transparency and stand out to applicants during the job hunt.  Read more…

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With ZipRecruiter’s New Product, Job Seekers “Get Recruited” by Top Companies

Employment marketplace ZipRecruiter announced today a first-of-its-kind solution which lets job seekers opt in to get recruited by employers across every industry and experience level.  Read more… 

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Three new HR roles to expect in the future

The future of work is here, and the future of HR is data-driven. We’ve all heard this before. But what new roles will emerge to handle data-driven HR?  Read more…

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AllyO raises $45 million for its AI-driven platform

AllyO, a Mountain View, California-based company developing AI-powered job recruitment products, today announced that it’s completed a series B financing round with $45 million in venture capital, contributed largely by Sapphire Ventures and Scale Venture Partners, as well as existing investors Gradient Ventures (Google’s AI fund), Randstad Innovation Fund, Bain Capital Ventures, and Cervin Ventures.  Read more…

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Vogue launches Fashion Talent Recruitment platform

Condé Nast International revealed the launch of its Vogue Business Talent platform with selected opportunities in London, New York, Paris, Milan, and Hong Kong. Read more…

SCG Trendwatch: MarCom Industry News – May 2019

Trendwatch Marketing

Welcome to your monthly round-up for the marketing and communications world. Each month, we share the latest news, strategies, tools, and marketing trends affecting the landscape. Check in each month for the latest updates from all over the web.

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Content Marketing Mistakes to Avoid

https://about.blogbeats.me/blogs/content-marketing-mistakes-to-avoid.html

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Digital Marketing in 2019: Here’s Where We’re Headed

https://marketingland.com/digital-marketing-in-2019-heres-where-were-headed-this-year-254597

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A Love Letter To Digital Advertising From a Direct Mail CEO

https://venturebeat.com/2019/04/21/a-love-letter-to-digital-advertising-from-a-direct-mail-ceo/

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Facebook Is Adding Messenger Lead Generation Templates to Ads Manager

https://wersm.com/facebook-is-adding-messenger-lead-generation-templates-to-ads-manager/

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Starbucks Got An Estimated 2.3 Billion In Free Advertising From ‘Game of Thrones’ Gaffe, And It Wasn’t Even Its Coffee Cup

https://www.cnbc.com/2019/05/07/starbucks-got-2point3-billion-in-free-advertising-from-game-of-thrones-gaffe.html

2018 is going to be a battleground for talent

5 Reasons 2018 Is Going To Be A Battleground For Talent

2018 is going to be a battleground for talent

If you’re a recruiter, you can already feel it. The demand to fill a growing number of job openings is already here. Complicating things for your recruiting efforts is the fact that job seekers have more opportunities from which to choose. In short, you’re not the only game in town.  Additionally, the improved job market has employees feeling more comfortable to move from passive to active job seekers.

If you are not yet a believer in the changing job market ahead and its effect on recruiting, here are five statistical trends that should change your mind.

Job Openings Continuing to Rise

The job openings trend across the nation has been steadily increasing since July 2009. From that time through October 2017 the total number of job openings has grown nearly 3 times larger. That means job seekers are looking at 6 million opportunities today when back in 2009 their job search would include just over 2 million jobs. That really puts incredible pressure on recruiters to differentiate their company as an employer.

The Quit Rate is Up

According to the Bureau of Labor Statistics, the number of people feeling comfortable enough to quit their jobs has nearly doubled since 2009. These individuals are quitting to accept a new position or feeling confident enough to quit without a new job on the horizon since there are plenty of job openings (as shown above) out there for them.

A Lower Participation Rate

Part of the equation for creating a sufficient talent pool to meet your recruiting needs is the number of individuals who qualify as a potential candidate but for one reason or another have opted out of the job market. In just the last 6 years, that number has decreased from 63.7% to 62.7%. Sounds like a small movement, but in combination with all of the other statistics discussed here, this has a big impact.

Lower Number of Layoffs and Discharges

There are always a number of individuals who are forced into the job market through layoffs and discharges. As the economy improves, the number of individuals affected is reduced. Hence, less talent is available for hiring in the “active” job seeker category. Unfortunately, these are what you refer to as the lower hanging fruit. This is a group that is much easier to recruit and makes your job all the easier.

Tax Changes Will Spur Pay Increases

Sometimes it just takes more money to entice individuals to stay in their current position rather than jumping somewhere else. With the newly implemented corporate tax structure companies are going to have more money to use at their discretion. Many times, they may have an opportunity to save an employee with a raise thus keeping that individual from entering into the job market.

If you want to see most of the statistics above in greater detail, go to the JOLTS Home Page on the Bureau of Labor Statistics website.

If you want more details on the 2018 job market and how you can conquer its massive challenges, feel free to contact SCG Advertising & Public Relations.