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Dean Da Costa Discusses New LinkedIn Chrome Extension Rules and Other Sourcing Goodies

DEAN-DACOSTA.png

Today’s guest is ...Dean Da Costa...Dean is a Strategic Sourcing and Research Technologist at a Fortune 100 company in the Seattle area. A decorated veteran and recognized sourcing expert with more than 20 years of experience, he currently writes The Search Authority, one of the most influential blogs in the business.

A frequent speaker on the recruiting conference circuit, His insight and knowledge (particularly of technology)  has made Dean one of the top sourcers and full cycle recruiters in the business today.

TOPICS 

  1. Let’s start with the recent Linked User Agreement changes which is causing a lot of uproar among your fellow recruiters and the various Chrome Extensions they use...can you explain what it says and what that means for recruiters/vendors?

  2. SEE ALSO: https://www.eremedia.com/sourcecon/stop-the-madness/

  3. Does it affect every extension on the market that uses LI in some way?

  4. You say InMails are a waste of time...why? What’s your open rate?

  5. What tools are part of your everyday souring toolbox…..Elucify.com, Hunter, Hiretual

  6. What ATS do you currently use? Taleo, Luxo, Smashfly

  7. How much do you spend on these tools each month?

  8. What has been your biggest win so far this year from a sourcing standpoint? (tell a candidate hiring story)

  9. When it comes to vendors pitching you...what are they doing wrong? How should they approach people like you?

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January Rec Tech Insider

The funding of new and established HR tech continues. Here's what's new inside the Rec Tech industry including a new job board for HR tech professionals.

ACQUIRED

  • AuthenticJobs.com a popular niche job board has been acquired by BuySellAds a maker of ad technology. Terms of the deal were not disclosed. Read details.

NEW LAUNCHES

  • CareerCloud launches audio jobcasts for employers. New service embeds short interviews with hiring managers into your job descriptions. Read about it.
  • HR tech Talent is a job online job market for HR tech professionals and vendors. Free to post jobs or resumes. Go there.

NEW FUNDING

  • Reflektive, the real-time performance feedback platform, today announced it has raised $25 million in Series B inside funding led by Lightspeed Venture Partners. Reflektive will use the funds to expedite innovation in its consumer-style performance management and talent development suite designed for the modern workplace. Full press release.
  • EmployeeChannel - Employees Can Be Reached Anytime, Anywhere via Mobile as a new employer feedback tool Raises $5M. Press release.
  • Shiftgig raises 20 million. Shiftgig, a marketplace that connects U.S. employers with workers seeking short-term positions, has raised $20 million in a Series C funding round from DRW Venture Capital, FJ Labs, GGV Capital, and KDWC Ventures. Founded in 2012, Shiftgig is a mobile-first platform that harnesses the burgeoning “gig economy” by letting workers choose the shifts and days they want to work — and the employer(s) they want to work for. It’s not aimed at those seeking a career position, obviously, but those seeking flexible working arrangements will find it useful. Via VentureBeat.
  • Staffjoy Raises $1.2M, Allows Employee Schedules to be Sent via Text. Staffjoy launched in 2015 with the aim of giving small businesses the technology to improve scheduling of hourly workers. Today, the company announced the next phase of its offering and shared that it has raised a $1.2 million seed round led by Caffeinated Capital. Additional participants in the latest funding round include Brainchild Holdings and Haystack Fund. Read more here.
  • Namely, a Zenefits rival, raises Another $50M. HR Software Startup Namely Raises $50 Million: Namely, which aims to make human resources software more user-friendly, today announced funding of $50 million. The New York-based startup targets mid-sized companies, which typically have 100 to 1,000 employees. “A few years ago, I noticed that all mid-sized companies had one thing in common,” founder and CEO Matt Straz told VentureBeat in an interview. “They seem to really struggle with getting the data that they need to run their business.” Read more here.
  • Never Eat Alone: Working inside a massive company can mean being surrounded by thousands of people every day and yet feeling isolated. How do you start to connect with colleagues who might share your interests or make good mentors?This was the feeling Marie Schneegans had a couple of years ago while interning at global bank UBS. And it was what inspired her and cofounder Paul Dupuy to launch Never Eat Alone, a Paris-based startup that helps employees connect with each other over lunch. Via VentureBeat.
  • Accompany, an app that wants to be your virtual chief of staff, has raised a boatload of new cash. The company, whose app publicly debuted in August, said on Monday that it had raised $20 million in new funding. The premise for Accompany is simple: the free app wants to automatically provide you with all the information you need to prepare for meetings. Accompany connects to your Google or Microsoft email account, your mobile calendar, and Facebook and Twitter accounts. From there, the company’s algorithms parse through your personal data—as well as biographies and information listed online—to create miniature dossiers on each of your contacts. Via Fortune.
  • WeFind wants to help people companies recruit their users. For, say, a media company, it could be the people who’ve signed up on the site somewhere to read something. For a clothing company, it could be people who bought something. For a travel company, perhaps people who signed up for an alert when prices dip. For Uber — well, we’re talking of millions of users — aka potential candidates. From ERE.
  • Ripple Recruiting, a startup founded by Yale students to help employers recruit, target and hire top students, has raised $700,000 in a funding round. Read about them.
  • MyAlerts, a Product-tracking startup closed on $2 million in funding as it expands into a market close to CEO Doug Berg's entrepreneurial roots: recruiting. Will track corporate job pages and alert users of new jobs. Read about it.

MISC

  • Indeed ends free resume searches for new accounts. Details.
  • Russia blocks Linkedin. Nyet! from NY Times
  • Rumors Are Floating About A Cornerstone OnDemand Sale: Speculation is swirling that Los Angeles-area Cornerstone OnDemand could be up for sale; the company’s stock is up about 5 percent today and rising after hours. Among the potential buyers, are ADP, Microsoft, and Oracle Read more here.
  • Jazz, the leading recruiting solutions provider for small and medium-sized businesses (SMBs), today announced its name change to JazzHR (www.jazzhr.com). The name change comes as part of a brand refresh initiative to better align the company's name with its growth strategy and product roadmap. More details.
  • ADP Building Mobile App For Gig Workers. via WSJ - The payroll processor, which historically sells software and services to corporations, is testing a mobile app for individual temporary workers with unpredictable paychecks. The app, yet unnamed, is an attempt by ADP to reach new customers as shifts in technology, culture and demographics reshape the U.S. workforce. 
  • Microsoft is getting into HCM software via ZDnet

RECRUITMENT GOODIES

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December Rec Tech Insider

November was another busy month in the HRtech/RecTech space. Here is the roundup for what happened. Lots of new fundings, product launches and other news. See ya' next year!

NEW FUNDING

  • WorkRamp an employee training platform has raised a $1.8M seed round from Susa, Haystack, others; software for customizable training at scale for any industry and position; offers performance data analytics and insights [ Link ]
  • Ripple Recruiting Raises $700,000 In Funding Round Led By MongoDB And Business Insider Founder Kevin Ryan: Ripple Recruiting, a hiring platform connecting top employers with top students, has closed $700,000 in seed funding. The round will allow Ripple to continue its Ivy League expansion and grow its team as it seeks to displace much larger players in the college recruiting market. "Ripple is having exceptional success fixing a major pain-point for both companies and students," said Kevin Ryan, who has founded multiple companies including MongoDB, Business Insider, Gilt Groupe, Nomad Health, and Zola. [ Read more here. ]
  • Tenstreet, the leading web-based provider of driver recruiting software and workflow solutions for the trucking and transportation industry, announced today that it has received a significant investment from Spectrum Equity, a leading growth equity firm. The investment will accelerate development of Tenstreet's product portfolio and further position the company to execute on its growth strategy. [ Link ]
  • JobToday a europoean recruitment startup that matches candidates within 24 hours has raised $20 million plans to enter US market. [ Link ]
  • Glint is a real-time employee engagement platform that uses machine learning and artificial intelligence to help companies get the most out of their employees, and now it has added another $10 million to its Series C round. The funding came from from Bessemer Venture Partners. [ Link ]
  • Wurk gets $1 million to help cannabis companies manage their people with its HR software. [ Link ]
  • Axonify Raises $27M to Gamify Employee Training Without Wasting Your Time: Think back to the last time you had to do a corporate training. More likely than not it was a frustrating experience that you simply tried to survive rather than learn from. (If you feel otherwise, I’m genuinely worried about you). With $27 million in fresh funding led by JMI Equity and BDC Capital, Axonify, wants to hack your brain to help everyone get away with doing less while taking away more. How little you ask? Three minutes of optional training per day, packaged up to resemble a game. [ Read more here ]

PRODUCT  LAUNCHES

  • SAP announced the launch and general availability of career site builder, which brings simple, consumer-style website design, creation and management to human resource (HR) and recruiting professionals. As part of the SAP® SuccessFactors® Recruiting solution, career site builder enables the rapid deployment and easy maintenance of responsive career sites. [ Read More ]
  • Google creating jobs api to help with searching for jobs. Careerbuilder, Dice are among the beta testers. This is a very 'under the hood" kind of technology that goes to the hear of a keyword search. Other job boards should take note. [ Read more ]
  • Facebook about to launch jobs tab for business pages...apply by Facebook! We may soon be hearing recruiters say "apply on our Facebook page". [ Read more ]
  • Placement Feed Offers New Innovative Candidate Matching Services for Staffing Firms. [ Read PR ]
  • LinkedIn Launches Salary to Chart product: LinkedIn Salary, a new portal and tracker to collect and analyze salaries globally, will let users find how much a particular job earns (salary, bonus, and equity data), with the ability to drill down using parameters like years of experience, location, and education level. [ Read more here ]

MISC

  • HiringSolved says they have added 82 million profiles and that we refreshed our entire database. Here’s a quick post with all of the details. [ Learn more ]
  • Linkedin to offer sponsored InMails - it will be a paid feature that will let marketers query LinkedIn’s database of 476 million users and send relevant groups within it unsolicited messages in LinkedIn’s InMail messaging system. [ Learn more ]
  • Triplebyte says its skills-based recruiting platform is working after screen 12,000 engineers. [ Link ]
  • Randstad Locks Down the Monster Deal: Randstad Successfully Completes Tender Offer To Acquire Monster Worldwide: Randstad North America, Inc., a wholly-owned subsidiary of Randstad Holding nv (AMS: RAND), announced today that its wholly-owned subsidiary, Merlin Global Acquisition, Inc., has successfully completed its tender offer to acquire any and all outstanding shares of common stock of Monster Worldwide, Inc. (NYSE: MWW) ("Monster"), at a price of $3.40 per share in cash, without interest thereon and less any applicable withholding taxes (the "Offer"). As a result of the completed Offer and pending completion of the merger, which is expected to occur on November 1, 2016, Monster's common stock is expected to cease trading prior to market open on the closing date and will no longer be listed on the New York Stock Exchange. [ Read more here ]
  • DHI the owner of Dice.com says site is for Sale. [ Read about it ]

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November RecTech Insider

It's November 1st which means it's time for another edition of the RecTech Insider. Here's a look at what made news in the past month.

NEW LAUNCHES

WhoIsHiring is a clever site that aggregates startup jobs around the world. The unique angle — a map that shows you exactly how many jobs are in a particular area. Full article.

SHRM Launches Diversity Jobs Sites for veterans, diversity and disability.  Three new specialty websites have launched within its online career center focused on creating an inclusive workforce launched with the help of Direct Employers. Full Article.

Glassdoor Releases "Know Your Worth" Beta salary tool. Do you know what you're worth in today's job market? Know Your Worth calculates your estimated value in today’s job market with the entry of a few personal characteristics - current job title, employer, current salary, location and years of relevant experience.  See it here.

GigBigWig: (startup) individuals will get the opportunity to become verified in the industry in which they plan to work. Companies will pay a fee for referrals, and job-seekers, after being screened, will be able to create a public profile to increase their digital visibility. Full article.

LocalX (startup): The majority of applicants on LaborX do not have college degrees, but are skilled in IT. LaborX features video resumes of these candidates. Based in Massachusetts. Full article.

Stack Overflow, the community site best known for providing answers for all of your random coding questions, also has a thriving jobs board and provides services to employers looking to hire developers. Today, the team is expanding the jobs side of its business with the launch of Developer Story, a new kind of resume that aims to free developers from the shackles of the traditional resume. Full article.

Facebook at Work is now Workplace, launches for all companies starting at $3 per user each month. Its the new intranet for employers. Full article.

LinkedIn debuts Open Candidate to help recruiters understand which candidates are ready to make a move. Full article.

Top HR Products of 2016 Announced at 19th Annual HR Technology Conference & Exposition - Human Resource Executive Announces Winners of Top HR Products of 2016 Awards: Human Resource Executive® magazine, the premier publication focused on strategic issues in HR, recently announced the 10 winners of its Top HR Products of 2016 Awards, an annual award competition to uncover the best new HR products.  Read more here.

Gig is Another Tool for Free Lancers to Find a Job and Get Paid Quickly. The startup wants to Make It Easier for Millennials to Pick up Casual Work in Catering and Hospitality: Have we reached peak gig economy yet? Probably not, but when a startup calling itself Gig launches, we are definitely making headway. The London-based company offers a platform targeting millennials who want to pick up shift work in the hospitality and retail sectors. As well as enabling you to find and book work through the app, Gig’s headline feature is that once a shift is completed, workers automatically get paid within 24 hours. Read more here.

ACQUISITIONS

RecruitMilitary a job board and job fair provider has been acquired by staffing firm. Press Release.

Jobhuk, a recruitment marketplace based in NY has been acquired by Compunnel Software Group. Press release.

NEW FUNDING

Industry a hospitality based job board raises 2 million in new funding. Full article.

HigherMe a new hiring startup, is announcing that it has raised $1.5 million in seed funding. It’s also brought on some big names as customers, including Dunkin Donuts, Panera Bread — and most recently, fast food chain White Castle. Co-founder and CEO Rob Hunter (a past owner of multiple Marble Slab Creamery locations) has said that when employers hire hourly workers, location, availability and personality are often more important than past experience — but those things aren’t really reflected in a traditional résumé. Full article.

AnyPerk, a startup that helps companies like Salesforce and Virgin America offer their employees discounts on things like movie tickets or fitness classes, has received $11.5 million of new investment capital. Full article.

Restless Bandit, a new company from Goodman and his co-founders, is looking to give companies a way to easily find the best candidates that have already applied, rather than companies having to sift through those existing resumé piles with keywords and the like. Taking a similar approach to how LinkedIn scoured the Internet (and LinkedIn, of course) for new candidates, Restless Bandit finds the highest-potential candidates for roles with statistical modeling. The company said it has raised $8 million in a financing round from GGV Capital and Toba Capital, and it previously raised $2 million in a seed funding round. Full article.

Source{d}, a Spanish startup using AI to match developers to jobs, raises $6M. Full article.

Atipica raises 2 million to take the bias out of hiring. Article on USA Today.

RECRUITMENT GOODIES

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»Recruitment Marketing Tactics

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RecTech Insider - New Tools, New Funding and Acquistion Roundup

Looking for HR technology news? Each month we scour the headlines to bring you the latest launches, new rounds of funding, acquisition and other interesting news for the recruiting technology industry. Subscribe here for early access.

New Funding

  • Yello raises $4. million more for its talent acquisition software. They claim 70+ Fortune 500 companies as clients. Company had already raised $5 million a few years ago. [LINK]
  • Glint, an employee engagement platform has raised $27M Series C led by Meritech and Bessemer; regularly surveys employees and provides real-time data; offers dashboard, analytics and action plans; raised $43M. [LINK]
  • Genesys Talent raises 2.1 million for its talent community technology. [LINK]
  • EmployUs is a new mobile referral tool: EmployUs rewards well-connected professionals by connecting employers and job seekers through trusted referrals. Anyone can connect people they trust to awesome jobs and get rewarded up to $10,000 when their referral gets hired. Company is based in North Carolina. [LINK]
  • Vettery raises 9 million for its hiring marketplace which pairs potential job-seekers with a “talent executive” who helps them through the process of creating a profile and looking over interview requests from employers. If they accept a job, Vettery will give them a $1,000 signing bonus. [LINK]
  • Brandyourself just raised $2 million to help people manage their online reputation. Company also hiring in Pennsylvania. [LINK]
  • Homebase is a new startup that has raised $6 million to make hourly work much easier to manage for every small businesses….it helps them set a schedule for employees, automatically remind employees when they have an upcoming shift with a text alert, track whether employees are taking the breaks they’re entitled to throughout their shifts or whether they logged overtime hours. [LINK]
  • Viridis has just raised a new $3.2 million. The site is a skills matching platform for vets and others without four-year college degrees. platform built especially for two-year students to showcase their skills and qualifications to local employers who are hiring. The goal is to match “skilled acquired” by students to “skilled required” by employers. [LINK]

Acquisitions

  • CareerBuilder acquires Workterra to provide post hire support. [LINK]

More on Monster

  • Monster Returns to its Cave. John Sumser wrote a post full of truth. [LINK]
  • Job boards gets boost with sales of Monster. Chris Russell's take on the job board industry . [LINK]
  • Rise and fall of Monster from the team at ERE Media. [LINK]
  • Why Monster had to sell itself to Randstad for $429 million. [LINK]

Interesting Tools in the News

  • Joberate wants to signal your boss if you are looking for a job. [LINK]
  • Apps for the gig economy via Bloomberg. [LINk]
  • Tour Linkedin Profinder for freelancers. Yep, you can now hire freelancers there. [LINK]

New Launches

  • BossFinder.com, a unique new personalized job exploration service that connects candidates directly to company decision makers, today announced its national launch. [LINK]
  • WebClipDrop Introduces Automated Sourcing Feature [LINK]
  • LinkedIn is taking the wraps off a new feature that it hopes will get more of its 433 million users moving — literally and figuratively — when it comes to engaging with the site: today, LinkedIn is taking its first foray into video content, created by users and hosted by LinkedIn itself. [LINK]
  • PurpleSquirrel.io hooks up job seekers with an insider at companies. [LINK]
  • GradsLikeMe launches for Canadian campus recruiting. [LINK]
  • Ramp up for hiring nurses [LINK]

Got interesting news of your own to share? Contact me.

RECRUITMENT GOODIES

»RecTech LIVE

»JobStories - Webinars for Jobs

»Recruitment Marketing Tactics

»Reject Applicants with Rejobify

»HR Podcast Directory

»Get a Hiretual Demo

»Emissary Text Recruiting