Enterprise Insights | April 2019
Welcome to Enterprise Insights! This monthly digest contains the latest industry news, useful information from our marketplace partners, and ideas and insights from Bullhorn and RIX. Keep reading or click below to scroll down to a topic that catches your eye!
Industry News: Must-Read Articles about the Workforce Ecosystem
- Got a Criminal Record? Will Hire: Businesses Pledge to Give Formerly Incarcerated a Chance
- Pay Gap Still Exists, but Narrowing Slightly in U.S.: Glassdoor
- Stop Eliminating Perfectly Good Candidates by Asking Them the Wrong Questions
Marketplace Milestones: Updates from the Bullhorn Marketplace
- The Advantages of Advanced Shift Confirmation
- Looking to Kick-Off a Content Marketing Strategy? Start Here.
- AllyO Advisory Board Adds Key Industry Influencers
Around the Horn: Ideas and Insights from Bullhorn and RIX
- How Keeping Compliant Helps Recruiting Leaders Avoid the Staffing Scaries
- The Experts: Steven Levenkron on Embracing the Evolution of Recruitment
- Reskilling: A Game-Changing Opportunity for Recruitment Agencies
Industry News:
Must-Read Articles about the Workforce Ecosystem
Got a Criminal Record? Will Hire: Businesses Pledge to Give Formerly Incarcerated a Chance
Not only will this help decrease the more than 7.8 million jobs needed to be filled by 2020, this will also help prevent offenders from returning to criminal activity in order to provide for their families. “Twenty-three states and Washington, D.C., have banned private or public employers from asking prospective employees if they have a criminal history until after they’ve passed an initial screening, had an interview or been given a conditional job offer, according to the National Conference of State Legislatures. Some local jurisdictions, like New York City, also ban most workplaces from asking about criminal history until they’re offered employment.” READ MORE
Pay Gap Still Exists, but Narrowing Slightly in U.S.: Glassdoor
While there’s still a significant pay gap between men and women, it’s tapered a bit since 2016 in the U.S., U.K., France, and Australia, according to new research from Glassdoor. “One of the most significant factors contributing to the pay gap are the industries and jobs that men and women sort themselves into, also known as ‘occupational sorting.’ This factor explains about 56.5% of the overall US pay gap. In the US, the adjusted gender pay gap is the largest for pilots at 26.6%, followed by chefs at 24.6% and C-suite professionals at 24.0%. Occupations with the largest reverse pay gap, where women earn more than men, include merchandiser and research assistant.” READ MORE
Stop Eliminating Perfectly Good Candidates by Asking Them the Wrong Questions
It’s important to ask questions related to capabilities, not just experiences, and uncover the things that candidates love to work on. “Candidates are too often screened out because they don’t fit a particular pattern – one survey found as many as 75% of resumes don’t make it past Applicant Tracking Systems…Unfortunately, right now, an estimated 77% of all jobs (60% in the U.S. and 80% worldwide) require little to no creativity, decision-making, or independent judgment. But if you are working on innovation, you need someone who can think with you. And by focusing on capability over experience, you increase the chances you find that person.” READ MORE
Marketplace Milestones:
Updates from the Bullhorn Marketplace
The Advantages of Advanced Shift Confirmation
Our partner, Sirenum, discusses the power of advanced shift confirmation. “Advanced shift confirmation allows workers to confirm they are ready for their shift in advance via mobile app. This way, the agency has the certainty that everything is going well, being able to focus only on those workers that, for some reason, haven’t confirmed. Let’s see the advantages staffing businesses experience when switching to a modern workforce management solution with advanced shift confirmation.” READ MORE
Looking to Kick-Off a Content Marketing Strategy? Start Here.
Our partner, Herefish, explains the importance of content marketing for staffing and recruiting firms. “Content marketing sees branded content – be it a blog, a video, a newsletter or a social media post – being created and shared with the public; for free. This content doesn’t explicitly promote your business or product, but is instead intended to offer value to the audience, be that in the form of education, entertainment or a mix of the two. Rather than shout to the masses and hope that someone hears, content marketing pulls an intended person aside, gives them something valuable, and hopefully stimulates interest in the brand, product or service at the same time.” READ MORE
AllyO Advisory Board Adds Key Industry Influencers
Our partner, AllyO, established a new advisory board to help guide the company in serving the staffing and recruiting industry, and solving its biggest challenges. “‘Following a successful 2018, we’re excited to continue our momentum in 2019. With support from our trusted Advisory Board, which brings together some of today’s leading thinkers from across HR tech and talent acquisition, we’re well on our way to making recruiting delightful and efficient for everyone. I want to thank each of our new members for partnering with us,’ said AllyO co-founder Sahil Sahni.” READ MORE
Around the Horn:
Ideas and Insights from Bullhorn and RIX
How Keeping Compliant Helps Recruiting Leaders Avoid the Staffing Scaries
“The threat of non-compliance in staffing can pack a brutal punch that many businesses may not be able to rebound from. And the threat’s not isolated to small businesses. Midsize and enterprise firms can feel the pain, too. From a financial hit your firm can’t afford to face to a total knockout that could completely put your firm out of business, smart staffing leaders know they need to treat the issue of compliance extremely seriously if they want to protect their businesses.” READ MORE
The Experts: Steven Levenkron on Embracing the Evolution of Recruitment
In this clip, Steven Levenkron, Chief Information Officer at Addison Group, discusses how the recruitment industry is evolving and how firms must evolve with it. “The more technology they’re introducing, it seems they’re now realizing technology won’t fix everything and they’re really focusing back again on the people at the right time, it’s a candidate-driven market. I think there was a time, especially in the 2000s, the early 2000s, where we automated everything with technology and thought we could replace the people.” WATCH THE VIDEO
Reskilling: A Game-Changing Opportunity for Recruitment Agencies
“While these confluent factors certainly create difficulties for agencies in an increasingly candidate-driven market, they also present a historic opportunity. The shortage has created a demand for recruitment agencies, and with it, an opening for these agencies to provide an unprecedented level of value. Recruitment agencies can do more than place talent; they can create talent by reskilling candidate pools.” READ MORE
We hope you enjoyed the April edition of Enterprise Insights. Stay tuned for more exciting content next month! In the meantime, please let us know if there are any particular topics you’d like us to cover: enterpriseinsights@bullhorn.com.
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