the evolution of staffing technology
DESCRIPTION
You’ll learn: - A Brief History of Staffing Technology: From cuneiform tablets to the cloud, from personnel to personal branding, we’ll look at the evolution of staffing technology – because he who forgets the past is doomed to repeat it. And repetition sucks – as anyone whose paperwork still actually involves paper (or payroll involves a roll) can tell you. - Staffing Technology Today: Go beyond the buzzwords to find out what trends like social, mobile and SaaS really mean to staffing professionals and recruiting leaders. We’ll look at the established players, emerging upstarts and the competitive landscape while breaking down what these tools and trends really means for real recruiters - A Buyer’s Guide to Staffing Technology: We’ll give you a checklist to make sure that you’re covered when considering your next staffing software purchase – and make sure that system maximizes your recruitment ROI.TRANSCRIPT
Matt Charney and Karen Redetzki April 10, 2023
The Evolution of Staffing Technology
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Today’s Presenters:
Matt CharneyExecutive Editor, Recruiting Blogs@RecruitingBlogs@mattcharney
Karen RedetzkiDirector of Marketing, TalentWise@TalentWise@kredetzk
Today’s Agenda:
• A Brief History of Staffing Technology: A look at the evolution of staffing technology from the Stone Age to spreadsheets.
• The Current State of Staffing Software: A look at the landscape and trends, served with a side of SaaS.
• The Bottom Line: How to maximize recruiting ROI and measuring staffing software success.
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A Brief History of Staffing Technology
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In the Beginning…
Contingent Workforce Management Master Service Agreements
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Old Testament, Same Challenges
Benefits Planning
Workforce Planning
Worker Mobility
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When In Rome…
Benefits Administration
Performance Incentives
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Still No Second Coming
Referral Fees
Outplacement Services
Antebellum Antics
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Temp-to-Perm
“4 ½ foot tall colored boy needed for office work.”
-Worcester American classified ad, 1794
Cultural Fit
90 Day Guarantee
The War for Talent
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The Industrial Revolution
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Workers Suddenly Have A Say
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1865: Slavery Outlawed by 13th Amendment
1877: First successful strike by organized labor in the U.S. (“Molly Maguires”)
1890: Union wins 8 hour day
1913: Department of Labor Founded
1938: Fair Labor Standards Act Establishes 40 hour week; first
minimum wage
1935: National Labor Relations Act Passed
1959: Labor Disclosure and Reporting Act Enters Effect
Scientific Management
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The Human Relations Movement
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Was That All Really Necessary?
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The Rise of the Machines
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Changing World of Work
1 out of 4 workers in the US is
contingent.
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Wages, Turnover Costs Up
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The Market for Staffing
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Number of US Workers Employed Daily
11 million
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Number of Global Third Party Recruiters
256,000
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Total Lifetime Value Per Placement
$44,000
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3rd Party Growth, 5 Year Projection (BLS)
+32.5%
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Opportunity Knocks
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Does Your Tech Answer?
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The Rise of the Machines
2000 Today
Job Boards
Social & Search
Online recruitment spend, increased from a paltry 4.1 billion in 1991 to an estimated 68 billion only a decade later.
First ATS
Back to the Basics
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Survey says:
$17 billion annual spend on talent management systems
=40,000 companies worldwide
compete in the talent acquisition or recruiting space.
- Bersin by Deloitte
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The Future of Staffing Technology
• Efficiency• Automation• Compliance• Candidate
Experience
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Meet Future of Staffing Technology
TalentWise Hire Benefits Staffing• Fastest turnaround on background and drug
screening• Integrations with Bond and Bullhorn• Fully customizable to meet your clients’ needs• Single platform, single vendor, single invoice• Regulatory compliance built in
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A Single Platform Benefits Staffing
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Case Study: Granite Solutions Group
Specialty consultant and recruitment firm case studyresults:• Cost savings of almost $95,000 annually• Time to hire reduced by 50%• Average time to onboard a new hire reduced from 7
days to 1 day• Virtual elimination of errors and omissions in new
hire paperwork• Lower cost for the entire hiring process, including
screening, than they paid before to screen alone, and with a single invoice
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