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US companies increased talent acquisition spending to nearly $4,000 in cost per hire

The Staffing Industry Analysts reports that companies are now on average spending $4,000 per hire in 2014. The study completed by consulting company Deloitte states that as labor markets are tightening due to improved economic conditions and increased demand. The report indicates that companies are trying to lower hiring cost buy using professional networking sites Keep Reading ..

6% Growth In Temp Staffing, Trending Towards $121 Billion

The U.S. temporary staffing industry will grow 6% in 2015 and another 5% in 2016 to reach a record industry size of $121.0 billion in 2016, according to the “U.S. Staffing Industry Forecast: April 2015 Update” released by Staffing Industry Analysts. The US place and search industry will expand 9% in 2015 and increase 7% Keep Reading ..

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VC Fund Has $60M To Invest In HR Tech Startups

Techchrunch reports that a strategic corporate venture capital fund set up by  global HR services giant, Randstad, is looking to invest in startups working on matching workers to jobs. With so much digital data online there are more ways than ever for companies to track down potential candidates, which means ample opportunities for startups to think creatively Keep Reading ..

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Hiring is going high tech

Techcrunch takes a look at the growing trend of VC backed HR and recruiting companies disrupting the industry. Recruiting can be a nightmare for companies of all stages and sizes – it’s a time suck for current employees, often a shot in the dark in terms of candidate search and interview logistics, and if done haphazardly Keep Reading ..