Enterprise Insights | February 2019

Welcome to the third edition of 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

 

Marketplace Milestones: Updates from the Bullhorn Marketplace

 

Around the Horn: Ideas and Insights from Bullhorn and RIX

 


Industry News:

Must-Read Articles about the Workforce Ecosystem

 

The government shutdown pushed up U.S. unemployment rate in January.

“U.S. hiring in January topped all forecasts while wage gains cooled and the government shutdown pushed up the unemployment rate, signaling job gains remain robust without major inflation pressures that would worry Federal Reserve officials.” READ MORE

 

A report from Brookings Institution finds that 36 million Americans are vulnerable to having their jobs eliminated by automation.

Another case for why reskilling will be so important. “The report, published Thursday, says roughly 36 million Americans hold jobs with ‘high exposure’ to automation — meaning at least 70 percent of their tasks could soon be performed by machines using current technology. Among those most likely to be affected are cooks, waiters and others in food services; short-haul truck drivers; and clerical office workers.” READ MORE

 

The UK employment rate is at its highest level since 1971, and this is great news for underrepresented talent pools.

Including ethnic minorities and people with disabilities. “Many typically disadvantaged groups have seen a huge jump in their employment levels, which hopefully suggests a positive trend in employer attitudes. Ethnic minorities account for almost half of the increase, with the most prominent subgroup being ethnic minority people who are high-qualified, non-disabled, and not single parents (comprising 21% of overall employment growth). Both of these facts suggest that the labour market is currently very tight – causing firms to look at disadvantaged groups and seeing their potential with fresh eyes.” READ MORE

 

Marketplace Milestones:

Updates from the Bullhorn Marketplace

 

Meet Phenom Bot: A Chatbot Designed to Automate Recruiting

From our partner Phenom People. “That’s why we’re proud to announce the launch of Phenom Bot and Phenom Bot Plus, a conversational bot that helps recruiters save time and money by automating the qualification process, interview scheduling, and candidate FAQ. Powered by conversational AI, Phenom Bot lives on Phenom Career Sites. As candidates visit your career site, Phenom Bot engages them in conversation, delivering an unparalleled experience that is both personal and memorable.” READ MORE 

 

Simplicity Marketing: Staying Operationally Efficient in a Rapidly Changing Marketplace

This is a great case study about how our partner Sense helps Simplicity Marketing stay efficient in their workflows. “Operational efficiency is a major struggle facing the staffing industry. Without it, a firm is unable to stay competitive in an ever changing and competitive landscape. Lisa Hufford, CEO and founder of Simplicity Consulting, has found a way to stay both competitive and efficient over the long term by leveraging the powerful database tools in Bullhorn and tailoring workflows with Sense.” READ MORE

 

Welcome to the Bullhorn Marketplace: idibu and SourceBreaker

idibu and SourceBreaker have recently joined the Bullhorn Marketplace as partners – both of these new partners are great candidate management tools. EXPLORE THE MARKETPLACE

 

Around the Horn:

Ideas and Insights from Bullhorn and RIX

 

Staffing Trends: Global Recruitment Insights and Data (GRID)

GDPR. Reskilling. Inclusion and Diversity. More than 2,000 global staffing and recruiting professionals say these topics, among others, are top of mind in 2019. See what else is a central concern on the Global Recruitment Insights and Data site. EXPLORE THE SITE

 

The Experts: Phillip Ullmann on People Over Profit

Watch this video to hear Phillip Ullmann, Chief Energiser at Cordant Group PLC, explain why his company decided to focus on being a social enterprise. “The recruitment industry is fundamental to relationships. It’s about making people lead meaningful lives via the right job, so the road is critical. If we can move the mission from pure profit for the shareholders to a reasonable reward for shareholders and everybody with caps, we can start building relationships based on covenant.” WATCH VIDEO

 

The Experts: Bev White on Skills Development

Watch this video to hear Bev White, CEO of Gi Group UK, discuss her company’s approach to combat the global candidate skills shortage. “As a business, we can offer not just openings for jobs but we can actually offer training. We can offer careers, advice, and we can keep doing that as people progress from role to role.” WATCH VIDEO

 

We hope you enjoyed the February 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.

 

Missed the previous editions of Enterprise Insights? Check them out here: