Recruiting Brainfood - Recruiting Brainfood - Issue 358
Recruiting Brainfood - Issue 358Economics, Hunger Games and why hiring for semiconductor engineers is hard despite tech lay offs...This week’s Brainfood is supported by our friends Datapeople. Datapeople transforms recruiting teams into strategic partners by giving them the intelligence and control they need to meet their hiring goals, starting with their job posts. Today they’re launching Datapeople Insights, the recruiting analytics suite that instantly makes sense of your recruiting data and gives you the bandwidth to actually refine your hiring process — not just analyze it — so you can achieve your hiring goals faster. Datapeople Insights helps you:
It’s also the only recruiting analytics suite to provide intelligence on your ENTIRE hiring process, not just what’s in your ATS. Your job posts make or break the success of your recruiting efforts – and now you don’t need to guess if they’re inclusive, compliant, or attractive to qualified candidates. Companies like DoorDash, Givaudan, and Dentsu North America use Datapeople, and customers who follow Datapeople's in-app recommendations see 107% more qualified candidates, 79% more qualified female candidates, and 18 fewer days needed to fill open roles. Want to turn your recruiting unknowns into knowns, DEI goals into DEI realities, and TA team into a strategic, data-driven thought partner to the business? Learn how Datapeople can help. SPONSORS Friends, I’ve been busy planning the next month of webinars - both on Brainfood Live and also on midweek collabs with friends of the channel. I have to say, I’m super excited about the conversation topics and will be releasing the schedule next week. Two things I want you to do:
Thanks to Eugène van den Hemel, Neil Carberry, Joey NK Koksal, Matthias Schmeißer, Liz Karsten, Nathalie Ramond, Sarah Johnston, Anna Ott, Louise Triance, Carrie Collier, Holden Lager and Iain Hamilton for your public endorsement of all things brainfood last week - keeping the show on the road with your support! Scores updated on the Brainfood Hall of Fame. Can you help? Share the newsletter on LinkedIn or your in internal Teams / Slack channel and get your recruiter / HR friends to sign up. Thanks! What Do Brainfooders Think?Really great contributions in the comment thread on this contentious topic - it was really a great example of how to have a dialogue in a civilised and thoughtful way - something which is possible to do on the Internet! Thanks for demonstrating this, especially Lizzi, Heather and Christine 🙏 Thanks for everyone else who voted. End of the newsletter for this week’s observations and your opinions… Brainfood Live On Air - Ep220 - The Business Case for Budget (When Times are Tough!), Fri 25th Aug, 2pm BST‘Do more with less’ has been the mantra for Talent Acquisition for the past 18 months, but how exactly are we meant to do that without the support of automation and tooling? We’re going to be discussing how to build a business case for recruiting tech when times are tough - most attend folks. Friday 25th August, 2pm BST, register here. PS: folks who want to broadcast this conversation from your own social channels, do so for free with this link. The Brainfood1. Want to Become a TA Leader? Here’s How 600,000 Others Got ThereSelf referential content is always going to be interesting for us, so I have to kick off the newsletter with this piece from LinkedIn, even though it is rather thin on analysis and also has classification issues which leads to GPT-like hallucinations on prior career pathing. The most salient insight is that external hire is a higher percentage route vs internal promotion for TA leadership. Worth a read, though we could do better ourselves, which reminds me that the What Do Recruiters Want 2023 survey (do it here if you haven’t already). will begin its second leg of data collection now that summer holiday is nearly over… RECRUITMENT OPERATIONS 2. The Atlas of Economic ComplexityStunning interactive resource from Harvard University which pulls in international trade data on goods reported to the UN and IMF and presents them country-by-country, sector-by-sector, product-by-product in a series of data visualisations which are easy for even the layperson to understand. Data is only up to 2021 which is the only downside, as obviously todays world spins faster than it once did, but it is still an essential resource for anyone wanting understand the complexity of global economics. Great for recruiters looking for growth sectors / regions too… ECONOMY 3. State of AI in 2023Report from McKinsey on the where we’re at with generative AI. Standard fare really but some interesting parts specific to recruitment and workforce planning, in particular the assessment of which departments are likely to see increase / decrease in size due to AI. It’s an exercise we all need to go through - how to do an ‘AI exposure’ skills audit - though I suspect not many of us know how to go about it. Will probably do a Brainfood Live on this - let me know if you think that would be useful. AI 4. The Elite's War on Remote Work Has Nothing to Do with ProductivityAn increasingly popular dissident narrative is that calls for a return to office (RTO) have very little to do with workforce productivity, and much more to do with shoring up the value of commercial real estate and the revival of the office and night economies. What do you think - is this overly cynical take or is it really the main driver behind the (obvious) manufacture of consent for RTO? REMOTE WORK 5. UBS Global Wealth ReportSpeaking about elites, UBS Global Wealth Report 2023 came out this week, one of the annuals that is worth keeping an eye on. Main message thusly: household wealth reached a high of 2021 when we were all flush with furlough + enforced saving through lockdowns, before collapsing in 2022 due to cost-of-living crisis, record interest rate hikes and a world undergoing hostile de-globalisation. Also contains some interest demographic segmentations - on gender, ethnicity etc. ECONOMY 6. Are You Rich?This Bloomberg piece is an ideal follow up to the UBS report - an interactive story on cost of living in different US states, with cameo portrait of people who work and live in those. The question is of course rhetorical - it is not whether you are rich, it is whether you feel rich - and that all depends on the neighours. Good one to think about when speaking with candidates, especially when selling a relocate. EMPLOYER BRANDING 7. HR: How Much is Too Much — or Too Little?Q: What is the right size for HR? Fascinating question asked this is article from ADP on the ‘HR staffing ratio’ in your organisation. Whatever the right percentage might, it seems that we are increasing it, with a discernible upward trend of hiring 2.3 HR people per 100 employees in 2018 to 2.6 in 2023. H/T to brainfooder Caroline Hunter for the share RECRUITMENT OPERATIONS 8. Materials Science Matters: The Talent Central to China’s Tech PivotDespite different systems of governance, both the US and China are both trying to do the same thing - reallocate engineering talent from the trivialities of consumer tech toward the strategically critical hardware tech and material sciences. Both are encountering the same problems too - the STEM kids much prefer the former over the latter. Macro Polo remaining one of the best sources for non-hyperbolic takes on China’s economic challenges - have a read here ECONOMY 9. The Tech Layoff TrackerBrainfooder Amit Taylor has been doing an amazing solo job tracking tech lay offs via his superb website, Trueup. Fantastic to see that it is getting the exposure it deserves, featuring in the likes of Business Insider this week. No need to read BI though, when you just get the update from The Tech Layoff Tracker yourself. PS: is the big tech winter over? Deep cuts might be but slow growth / low growth / no growth is going to be persistent pattern in VC backed tech startup for some time yet.. ECONOMY 10. ‘It Brings Out the Worst in Everyone’Has anyone here had to reapply for their own job? A reasonably common practice for companies aiming to rationalise or restructure, but the human cost of going through it seems under researched. This article describes the experience as a ‘Hunger Games’ like competition, where the proles audition for their jobs whilst the elites watch and judge. It was meant to be a non-biased way of selecting those whose jobs would be saved, but perhaps we cannot do de-bias without also being inhumane? Much brainfood. ASSESSMENT The Podcasts11. Navigating Layoffs, Immigration & AIDelighted to be part of the Resourcing Leaders Live, hosted by redoubtable Kirstie Kelly and with the man in Ibiza himself, Jamie Leonard. We’re taking 3 big newspaper articles this week and discussing them. Apologies in advance to readers of the Torygraph… CULTURE 12. 6 Steps to Avoid FailureBrainfooder Christian Payne has been one of the stalwarts of the community, and this video will show you why. Ultra transparency and value add from one of the great guys in the business. I have no doubt that success will once again find this guy. I’m still blown away by this video - I urge everyone to watch it CULTURE 13. Super Hubs: How the Financial Elite and Their Networks Rule Our World: A ReviewThe narrator has an annoying diction but this is a very decent review of a concept which is highly relevant to our work - network power, how it is a force multiplier for kinds of power and why in-person meetings are critical to acquiring more of it. Have a watch / listen to this …and go to events folks - Big List of Recruiting / HR Events to Attend in 2023 (bookmark this) NETWORKING End NoteI have booked my flights / accommodation for Recfest USA next month, arriving on 12th, out on the 16th, so will do a Brainfood Live from Nashville, as well as have some time on Saturday. See you there if you’re going! In the meantime, lets replay the ADP poll on HR staffing ratio’s. Approximately, how many ‘people people’ are in your organisation? Vote below
That’s it Thanks for reading Have a great week everybody Hung You're currently a free subscriber to Recruiting Brainfood. For the full experience, upgrade your subscription. |
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Recruiting Brainfood - Issue 357
Monday, August 14, 2023
Big tech's 'fake work' problem, autonomous transportation as a force multiplier for productivity, LinkedIn recommendations X-ray and the ethics of using LinkedIn as a dating app
Recruiting Brainfood - Issue 356
Sunday, August 6, 2023
AI is hard, WFH vs RTO a productivity measure, ChatGPT Code Interpreter for Sourcing and How to use Racial data without being Racist
Recruiting Brainfood - Issue 355
Sunday, July 30, 2023
ChatGPT for recruitment data analytics, Online job ads and wage growth, compensation for tech leaders & more
Recruiting Brainfood - Issue 354
Sunday, July 23, 2023
Response Rate Benchmark Report, Interview Scheduling, AI productivity gains
Recruiting Brainfood - Issue 353
Sunday, July 16, 2023
LinkedIn Search Comparison update, Sales Salary Comp report, AI in HR from Bersin and more.
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