Philadelphia, PA – January 31, 2019 – SharedXpertise, publisher of HRO Today Magazine, and PeopleScout, the world’s largest RPO provider and the No. 1 Managed Service Provider on HRO Today’s MSP Baker’s Dozen Customer Satisfaction Ratings since 2016, have partnered to release the Global Unemployment Report for third quarter 2018.
In the third quarter of 2018, the global unemployment rates remained low once again, with 26 of the 49 countries analyzed in this report showing unemployment levels of 5.0 percent or less, which can be considered by many economists as at or near full employment. These findings are consistent with what was reported in the second quarter of 2018.
While North America and APAC reported solid economic growth in the third quarter, growth in the EMEA region has slowed considerably, but appeared consistent across the board, mostly due to a weakened performance in Germany, the largest economy in Europe. While Latin America’s growth appeared unchanged since the second quarter, Brazil, the region’s largest economy, did relatively well, and unemployment there fell by 0.5 percentage points to 11.9 percent.
Brookfield, WI – January 31, 2019 – Cielo, the world’s leading strategic recruitment process outsourcing (RPO) partner, today reflects on 2018, a year in which the company maintained its RPO-industry-best quality of service and customer experience while driving market success exceeding any year in its history. In addition, Cielo continued to make investments in clients, people and culture, and innovation that strengthen the organization for future success.
“We went into 2018 planning to invest in new technologies and ways of doing business while continuing to deliver the same high standard of service our clients deserve and expect,” said Sue Marks, Cielo’s Founder and CEO. “I’m thrilled that we were able to drive adoption of transformational strategies like Total Talent Acquisition and our High Volume RPO solution, as well as bring new tools to market to address Diversity and Inclusion. To accomplish all this while extending and growing our client partnerships is a testament to the commitment and expertise of our team members around the world.”
In 2018, Cielo further expanded its global capabilities by increasing its hiring across key regions such as Asia Pacific, Latin America and Europe. Cielo also gained 32 new clients and renewed 27. Many of those new clients were for two key products that Cielo believes represent the future of the industry: Total Talent Acquisition, which provides organizations a way to recruit and manage all their talent, whether it’s full-time, part-time, gig worker, or consultant; and High Volume RPO, which reimagines hourly hiring by combining artificial intelligence, mobile technology, and automation that lets candidates apply for a job and schedule an interview with a hiring manager from their smartphones in less than five minutes.
January 30, 2019 – Randstad announces that its Supervisory Board will propose changes in the Executive Board. Linda Galipeau will step down from the Executive Board effective the Annual General Meeting of Shareholders on March 26, 2019 to pursue her career outside Randstad. Rebecca Henderson and Karen Fichuk are nominated for appointment as members of the Executive Board with responsibilities for Global Businesses and Randstad North America respectively.
Linda Galipeau joined Randstad in 1995 as a district manager in the USA. In 1997, she started the Canadian operations and in 2008 she was appointed President of Randstad staffing in the USA. Appointed to the Executive Board in 2012, she is responsible for the US, Canada, Randstad Sourceright, Monster and RiseSmart.
CEO Jacques van den Broek: “We regret that Linda has decided to leave Randstad. She leaves North America in great shape, it is Randstad’s biggest region with above group level average returns. Besides that Linda has played an instrumental role in our innovation journey the last four years leading to our Tech & Touch-strategy. Randstad owes Linda a great debt of gratitude.”
Philadelphia, Pa. – Jan. 24, 2019 – HRO Today, a leading publication in the human resources industry and producer of the HRO Today Forum events, and PeopleScout, a leading global provider of talent solutions, have announced the launch of the first annual HRO Today “Most Admired Employer Brand Awards” in North America. This year’s winners will be announced at the 2019 HRO Today Forum North America, May 6-8, at the MGM National Harbor in National Harbor, Md., (just south of Washington).
The most admired employer brand awards were created to recognize and celebrate extraordinary achievements in employer branding in North America. PeopleScout plans to sponsor similar programs in other regions of the world.
“Worldwide unemployment rates are approaching record lows. Because of this, the importance of building and maintaining an employer brand to attract candidates and retain and engage current employees has never been more critical,” says Larry Basinait, vice president of research at SharedXpertise. “Our program is a way to recognize superior achievement in employer branding initiatives.”
More than 200 data scientists, engineers and specialists focused on machine learning to more intelligently match companies and candidates with incomparable precision, efficiency and success – making CareerBuilder the leader in Talent Acquisition semantic search technology
Chicago, IL – January 23, 2019 – Today, CareerBuilder announced additional investment and significant developments in artificial intelligence (AI) and machine learning (ML) to deliver next generation products and services that employers and staffing agencies need to meet their recruiting and business goals in today’s competitive hiring environment. As part of its investment, CareerBuilder has acquired Textkernel, the global leader in AI, ML and semantic technology for matching people and jobs.
CareerBuilder, the largest global provider of Hello To HireTM solutions in the HR technology space, applies the latest in AI and ML to make all its products and services – in Talent Acquisition, Managed Services, Employment Screening and Software solutions like CareerBuilder Applicant Tracking – smarter and more efficient. Leveraging Textkernel’s Deep Learning Matcher and Learning To Rank algorithms – along with nearly 25 years of candidate and jobs data – CareerBuilder has built the most powerful Talent Acquisition sourcing platform, Talent Discovery, that enables users to find new sources of talent and better matches for jobs by quickly connecting underlying patterns in skills, geography, experience, and job progression.
Deploying a global workforce and ensuring access to the best talent is a crucial component of success for many enterprises. Global labor market data is an invaluable tool for multinational HR departments and can be used to inform critical decisions around the best countries and regions in which to grow. PeopleScout, a global provider of RPO, MSP, and total workforce solutions has partnered with HRO Today magazine to produce quarterly reports that compile current international labor market figures, unemployment rates, and important trends from the world’s leading economies by country and region.
With global unemployment levels remaining low once again, 26 of the 49 countries analyzed, reported showing levels of 5.0 percent or less. Both North America and APAC reported solid economic growth in the third quarter of 2018. EMEA showed considerably slower growth, mostly due to Germany’s weakening performance. Overall, Latin America’s growth went primarily unchanged since the second quarter, and Brazil, the region’s largest economy, did relatively well, with unemployment falling 0.5 percent.
Philadelphia, PA – January 22, 2019 – SharedXpertise, publisher of HRO Today magazine, has released a new flash report, “The Importance of Contingent Workforce & Employer Branding,” sponsored by AgileOne.
This flash report discusses how the use of contingent workers and the importance of employer branding are connected. Contingent workers play a critical role in the workforce considering that approximately 6 million workers are classified as contingent within the United States. Nearly three-quarters (71 percent) of survey respondents agree, saying contingent workers are an important part of their employment mix.
Stacie Habegger, Chief Sales Officer at AgileOne, says, “As the source of how work gets done continues to shift globally, companies would be wise to carefully consider their branding strategy when it comes to contingent workers and professional service organizations.”
Brookfield, WI – December 20, 2018 – Cielo, the world’s leading strategic recruitment process outsourcing (RPO) partner, and Permira, the global private equity firm, today announced a definitive agreement under which a company backed by the Permira funds will acquire a majority equity stake in Cielo from Accel-KKR (AKKR).
Cielo will use this new investment to support its next phase of strategic growth, reinforcing its commitment to providing innovative services, solutions and technology that help organizations around the globe find, attract and hire the best talent. As part of the transaction, the Cielo management team, led by Founder and Chief Executive Officer Sue Marks, will maintain meaningful ownership and will continue to lead Cielo in their current roles. Terms of the transaction were not disclosed.
“Cielo is passionate about changing the way the world views talent, and just as our partnership with AKKR has fostered our growth into the leading global RPO, our new partnership with Permira will enable us to further our vision. Permira is committed to helping us achieve the ambitious goals we’ve set for the next stage in our development,” Sue Marks, Cielo CEO and Founder, said. “With the Permira funds’ support, we’ll continue to expand into new geographies and invest in innovation and technology, while delivering creative, strategic solutions, like Total Talent Acquisition, that meet and anticipate the evolving needs of our clients. The partnership also will support investments in our own people to ensure that the Cielo culture is one that attracts, develops, and inspires the world’s best recruiting talent.”
The Worker Confidence Index (WCI) for the third quarter of 2018 increased by 3.1 points, and is now at its highest level since the first quarter of 2017. All four components of the WCI saw increases this quarter, with Likelihood of a Promotion rising the most, followed by Likelihood of a Raise and Trust in Company Leadership.
Both men and women continue to feel more confident about getting a raise. Workers remain secure about job stability, which may be due in part to near historically low unemployment rates. Women continue to report higher levels of confidence in job security than men, and the percentage of men who felt concerned about job security decreased from last quarter.
What else does the report show that impacts HR? Click here to download the report.
Philadelphia, PA – December 6, 2018 – SharedXpertise, publisher of HRO Today Magazine, and Alexander Mann Solutions, one of the world’s leading providers of talent acquisition and management services, have partnered to release the Human Resources New Technology Quarterly Summary: Q3 2018.
As the rate of advancement in the human capital management (HCM) technology sector increases, these quarterly reports track and summarize trends, funding initiatives and other activities related product innovation in HR. The reports provide critical insights into new technology, its applications and the companies leading the HCM technology industry.
During the third quarter of 2018, 49 major announcements in HR technologies were made, down slightly from the 57 documented in the second quarter. Mobile capabilities, artificial intelligence (AI), and platforms that facilitate communication between employers and employees/candidates continued to have high levels of development. Interest in AI has remained strong all year, which has many companies exploring how to prepare for the inevitable digital transformation.
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