🥇 Winning the (hiring) gold

👋 Bonjour, Ami! (That's "Hello, Friend!" in French, btw…) Yes, we’re watching the 2024 Paris Olympics right now, which (fun fact!) will employ over 150,000 people—more than the entire population of Saint Lucia. From security personnel to caterers, it takes a village (or a small country) to run the Games.

Speaking of Olympic jobs, did you hear that four-time Olympian Lily Zhang's parents are pushing her to get a "real job" despite her ping-pong success? It seems even Olympians aren't immune to career anxiety. Who would've thought we all have something in common with the most elite athletes in the world?

— 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👇

🗞️ Don’t call them ‘recruiters’
🌎️ World of Warcraft workers unionized
💰️ Domino’s Pizza gets a new EVP-CHRO
💻 TA roles at Wayfair, Anheuser-Busch
💼 Layoffs at Pfizer, John Deere

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The talent acquisition game is changing, and recruiters are leveling up to "strategic talent advisors." That's the word from iCIMS' latest CHRO Report (July 2024), and it's got us all buzzing.

🖼️ The big picture.
According to the report, the role of talent acquisition professionals is transforming into one of strategic talent advising. This shift is driven by changing market dynamics, technological advancements, and evolving candidate preferences.


❗Why this matters:

• The talent market is facing new challenges, including limited availability of both talent and skills.

• Remote work has complicated hiring processes, adding new dimensions to consider.

• Compliance landscapes are becoming more complex, with issues like pay transparency and AI bias in hiring.

• The "start-stop" nature of the current hiring market requires maintaining warm talent pools.

• Candidate experience has become increasingly crucial in the hiring process.

🧮 By the numbers:

• 91% of HR execs say the TA role is morphing into one of strategic talent advising.

• 47% suggest this transformation has already occurred.

• 44% expect it to happen in the future.

• 65% of CHROs are investing in AI technology for recruiting.

• 37% of CHROs are investing in tech to support internal mobility growth.

🤔 What this means for TAs.
This evolution requires talent professionals to be more strategic in their approach. They need to focus on both external recruiting and intentional upskilling of current talent. The emphasis is shifting from just filling roles to creating long-term value through talent management and development.

🤖 Right tech = right results.
As recruitment teams downsize, talent acquisition professionals are leveraging technology to maximize efficiency. By implementing the right tech stack, TA pros are automating routine tasks and streamlining processes, allowing them to accomplish more with fewer resources. (Need some help here? Our team will do it for ya 😄).

💬 Doing more with less.
"Not only are [HR teams] doing more with less, but they also want to elevate the level of capability and conversation that these recruiters and TA teams are involved in," iCIMS CPO Laura Coccaro told HR Brew in a recent interview. "The only way to do that is by leveraging technology."

📥️ Read more in the iCIMS 2024 CHRO Report.

NUMBERS

Numbers That’ll Make You Think

• 145% — is how much more likely white candidates are to get a job offer compared to comparable minority candidates, according to a 2020 Northwestern University study. Yikes. (Bloomberg)

• 2x — as many HR leaders expect more remote work, not less, in 2024. WFH for the win! (Unleash)

• 2/3 — of Texas cities with 3,000 to 5,000 residents are missing a finance director. Small town, big problem. (WSJ)

• 500 — the number of World of Warcraft workers at Microsoft who just unionized. Game on! (NYTimes)

• 81% — of financial decision-makers plan to increase investment in workforce development this year. Show me the money! (RGP)

• 35% — of people lie on their resumes. Honesty is the best policy, folks. (HR Executive)

INDUSTRY INTEL

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

• IT Security company Mimecast is set to acquire Code42, a cybersecurity software, beefing up its threat management and data loss prevention game. (Unleash)

• On-demand labor marketplace for the hospitality industry Gigpro announced that it recently closed a $16 million Series A funding round. (PR Newswire)

• Frits Goldschmeding, founder of Dutch recruitment company Randstad, has passed away at 90, leaving behind a legacy in the global staffing industry. (Staffing Industry)

• Freelance labor marketplace Fiverr published strong earnings and announced its acquisition of Israeli dropshipping startup AutoDS. (Ctech)

• Domino's Pizza (c’mon, you know ‘em) just named Maureen Pittenger as their new EVP-CHRO. She'll be cooking up some fresh HR strategies, reporting directly to CEO Russel Weiner. (Domino's)

• HR software company UKG tapped Jennifer Morgan, former co-CEO of SAP, as their new CEO. (HR Tech Feed)

• All-in-one talent platform Apploi welcomed Will Plourde as their new CTO, bringing 20+ years of healthcare and HCM experience to the table. (HR Tech Feed)

Are you a company or recruiter looking to hire a fractional or contract HR/TA professional for your team? Let us help! We would love to speak to you and learn how we can build the best solution to help with your fractional and contract hiring. Plus, we’re offering $25 gift cards for spending 30 minutes talking with the team.💰️ 

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OPEN ROLES

Jobs You Might Want (For Yourself!)

• Furniture company Wayfair is hiring a Recruiter based in McDonough, GA

• Crypto-compliance company CoinTracker is hiring a Head of People based remote, with headquarters in San Francisco, CA

• Restaurant chain Los Tacos No. 1 is hiring a Head of Human Resources based in New York, NY

• Fitness studio D1 Training is hiring a Recruiter based in Covington, LA

• Retail giant Macy's is hiring a Senior Recruiter based in New York, NY

• Telecommunications company Spectrum is hiring a Talent Acquisition Manager based in St. Petersburg, FL

• Payments company PayPal is hiring a Talent Sourcer for Executive Recruiting based in New York, NY

• Beverage company Anheuser-Busch is hiring a Senior Manager of People based in Seattle, WA

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

• Indie video game publisher Humble Games laid off all employees after failed sale attempts. (VentureBeat)

• Comms giant Omnicom PR agencies (Porter Novelli, Ketchum, FleishmanHillard) underwent layoffs. (PR Week)

• Pharmaceutical giant Pfizer cut 210 jobs in North Carolina after a gene therapy flop. (Fierce Pharma)

• Famous for their tractors, John Deere laid off more than 2,000 production workers over the last 12 months. (Brownfield Ag News)

• Tech titan Intel plans to layoff thousands in latest round of cutbacks. (CTech)

WEEKLY TRIVIA

Test Your TA Knowledge

👋Thanks for reading!