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    Rec Tech: the Recruiting Technology Podcast

    Greenhouse CEO Daniel Chait

    Sun Jul 02 2023
    GreenhouseRecruiting IndustryAI ToolsHiring

    Description

    The episode covers the success and growth of Greenhouse as a popular hiring software, trends and challenges in the recruiting industry, AI tools and features offered by Greenhouse, and the company's plans for expanding its impact in hiring.

    Insights

    AI Tools and Bias

    Greenhouse is cautious about using AI tools for making decisions about people due to the potential for bias amplification.

    Goals Feature

    The favorite feature of the greenhouse platform is called 'goals', which allows individuals and teams to document what good looks like for a given job.

    Expanding Impact

    Greenhouse aims to continue serving larger, more complex, global customers while expanding into new locations.

    Chapters

    1. Greenhouse: A Popular and Respected Hiring Software
    2. Trends and Challenges in the Recruiting Industry
    3. AI Tools and Features of Greenhouse
    4. Expanding Greenhouse's Impact in Hiring
    Summary
    Transcript

    Greenhouse: A Popular and Respected Hiring Software

    00:01 - 06:43

    • Greenhouse, a popular hiring software, has become one of the most respected platforms in the recruiting space.
    • The original pitch for Greenhouse focused on solving the important problem of hiring for companies.
    • The vision and mission of Greenhouse have remained consistent throughout its growth.
    • The HR Tech industry has seen layoffs and a more cautious buying environment, impacting vendors in the recruiting space.

    Trends and Challenges in the Recruiting Industry

    06:14 - 13:05

    • There has been a slowing of growth in the recruiting industry, but double-digit growth is still expected this year.
    • Talent issues are top of mind for leaders in various industries.
    • AI and HR tech have potential for increased productivity, but there are risks of bias and adverse impact against underrepresented groups.
    • Predictive analytics and automation are areas where AI tools can have short-term impact.
    • Summarization tools can be problematic as they may miss important details or be inaccurate.

    AI Tools and Features of Greenhouse

    12:37 - 19:47

    • Greenhouse is cautious about using AI tools for making decisions about people due to the potential for bias amplification.
    • Greenhouse is working on AI features that aim to make work more efficient and help draw correlations and find patterns in customer's work.
    • The favorite feature of the greenhouse platform is called 'goals', which allows individuals and teams to document what good looks like for a given job.

    Expanding Greenhouse's Impact in Hiring

    19:23 - 26:08

    • Greenhouse aims to continue serving larger, more complex, global customers while expanding into new locations.
    • The company plans to solve more interesting hiring problems for its customers by unlocking value in areas such as staffing firms and campus hiring.
    • Greenhouse also aims to help customers make better, faster, and fairer decisions when it comes to hiring.
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