👔 Classrooms, out; Cubicles, in.

👋 Hello, TAs! Did anyone order an iced caramel macchiato? It's for delivery – since even coffee giants are now embracing the remote work revolution…

Starbucks' new CEO, Brian Niccol, just scored the ultimate perk: working from his SoCal home and jetting to Seattle HQ on the company's dime, as needed. Only thing missing is a lifetime supply of House Blend bags and collective mugs. Talk about a (venti) flex work policy.

It's got us wondering: what's your dream work-from-anywhere setup? A villa in Marrakech? A café in Paris? Maybe just your couch with unlimited iced americanos? Let us know with #AnywhereAugust!

Questions? Comments? Reply to this email, we’d love to hear from you!

— Team RecruitmentMarketing.com ✨ 

👉️ P.S. Not sure what your company needs to take your HR tech to the next level? Tell us your HR tech priorities and needs, and we’ll give you personalized recommendations. It only takes a few minutes to get started.

Today’s edition is a 3-minute read. Here’s what to expect👇

🗞️ The colleges churning out job-ready grads
🌎️ AI in the workplace: Employees vs. Employers
💰️ The billion-dollar cost of sick days
💻 TA roles at TikTok, NetJets
💼 Layoffs at GM, Cisco

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Move over, Harvard. According to a recent report by the Wall Street Journal, there's a new star in the college recruitment world, and it's all about getting hands-on experience before graduation.

🖼️ The big picture. 
Schools like Northeastern University, Drexel, and Georgia Tech are seeing a surge in popularity thanks to their co-op programs, which let students alternate between academics and full-time paid work.

💼 A new kind of work-study.
With tuition costs soaring higher than a Silicon Valley startup's valuation, and student debt piling up faster than dirty laundry in a freshman dorm, both families and businesses are questioning if traditional universities are producing the talent companies actually need. The report suggests co-op programs might just be the new answer, providing a win-win situation for students hungry for experience and companies starving for skilled workers.

🤝 Job-readiness …
… is becoming a popular goal for more and more prospective college students. Northeastern University has seen its acceptance rate plummet from 32% to 5.6% in just a decade. And the placement results are impressive: 95% of Northeastern students report being employed or in grad school within 9 months of graduation. Talk about a fast track to success.

💸 Companies reap the benefits.
For businesses, these programs are like a talent buffet where they've already taste-tested the dishes. Drexel University reports that nearly half of its students get job offers from their co-op employers. Companies get a pipeline of talent they've already worked with and vetted, reducing the risk of hiring duds and the cost of training newbies. It's a win-win.

💡 Rethinking recruitment strategies.
For recruiters, it's time to consider these co-op programs as the new hunting grounds for top talent. These schools are essentially creating a pre-vetted talent pool, marinating in real-world experience before they even don their graduation caps. Building stronger partnerships with schools offering these programs could be the secret sauce in your recruitment strategy.

🏫 The future of higher education.
In the end, these programs are turning the old adage "you need experience to get experience" on its head. For recruiters, it might be time to update that campus visit schedule – your next star employee could be halfway through achieving mid-level experience before they even toss their graduation cap.

📥️ Read more in The Wall Street Journal

NUMBERS

Numbers That’ll Make You Think

• 91% — Percentage of workers using generative AI for work, up from 30% six months ago. The robots aren't taking our jobs… we're inviting them in! (Emerging Tech Brew)

• 78% — Share of AI-savvy workers using the tech without their employer's permission. Shhh, don't tell the boss! (Emerging Tech Brew)

• £100 billion — Cost of lost productivity in the UK due to employee sickness in 2023. That's a lot of chicken soup! (HR Brew)

• $8 billion — Amount US companies spent on bias training in 2020.(HR Brew)

• 68% — Percentage of hiring managers reporting an increase in employee productivity compared to last year. We're working smarter, not harder! (Staffing Industry)

• 6.6% — Year-over-year decrease in online job ads. (Staffing Industry)

• 2% — South Dakota's unemployment rate in July, the lowest in the nation. (Staffing Industry)

INDUSTRY INTEL

M&A Deals, Industry Moves, & Other Things To Know

• Job jitters are on the rise: A new Federal Reserve survey shows Americans are increasingly worried about losing their jobs. (NYT)

• Zurich-based HR tech company FLOWIT raised €4.2 million in a seed round to help transform personnel development with its AI coach for frontline employees. (EU Startups)

• Gone are the days of chasing late payments: New York freelancers just got a big win with new protections under the Freelance Isn't Free Act. (Staffing Industry)

• Number crunchers at CNN say unemployment fears hit 4.4%, the highest on record. But don't panic, it's still historically low. (CNN)

• Insights company Gartner predicts a third of AI projects will be ghosted by 2025. Looks like even robots get dumped sometimes! (HR Reporter)

• It's time to bring back casual Fridays: HR software giant BambooHR reports employee happiness is taking a nosedive. (BambooHR)

A MESSAGE FROM RECRUITMENTMARKETING.COM

Only a few days left to register for the upcoming Leadership Labs De-Risking AI in Hiring, featuring experts Heather Leigh Flannery, CEO & Co-Founder of AI MINDSystems Foundation; Timothy S. Klimpl, Of counsel, Tannenbaum Helpern’s Employee Benefits and Executive Compensation Practice; and Austin Anderson, CTO of Recruitics.

This free event will help you understand legal safeguards for AI-driven recruitment; mitigate security, privacy, and legal risks; and build an AI-powered program ethically.

Plus: Attendees receive a free AI Risk Assessment Calculation tool to help you assess bias, data quality, and ethical considerations in your organization.

➡️ Secure your free spot now

OPEN ROLES

Jobs You Might Want (For Yourself!)

• Social media giant TikTok is hiring a Technical Sourcer based in New York, NY.

• Private aviation company NetJets is hiring a Senior Technical Recruiter based in Columbus, OH.

• Entertainment giant Caesars Entertainment is hiring a Director of Human Resources based in Columbus, OH.

• Art institution San Francisco Museum of Modern Art is hiring an Associate Director of HR based in San Francisco, CA.

• Private university Boston University is hiring an Associate Director for Employee Relations, Enrollment, and Student Affairs based in Boston, MA.

• Healthcare organization OneBlood is hiring a Telerecruiter based in St. Petersburg, FL.

For more of these roles delivered to your inbox every Monday, subscribe to the RecruitmentMarketing.com Jobs Weekly newsletter by clicking here. For a full list of open roles, head over to our job board by clicking here.

If you’re publicly seeking a job, get highlighted during our #TalentTuesday by filling out your profile here.

LAYOFFS

Places For You To Source Fresh Talent

• Auto giant General Motors is pumping the brakes by laying off more than 1,000 salaried software and services employees. (CNBC)

• HR Tech Firm iCIMS is cutting 69 workers as it shifts focus to AI. (Asbury Park Press)

• Popular Android app Nova Launcher is facing an uncertain future after dev team layoffs. (9to5Google)

• Network powerhouse Cisco is rewiring its strategy by cutting 7% of its workforce, about 5,900 jobs, as it pivots to AI and cybersecurity. (ABC News)

• Fintech startup Tally, which raised $172M, is shutting down after running out of cash. (TechCrunch)

• Audio cult-favorite Sonos laid off 100 employees amid its ongoing app crisis. (The Verge)

• 3D printing company Formlabs confirms 'small number' of layoffs affecting around 40 people. (TechCrunch)

WEEKLY TRIVIA

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