Welcome back to another ConveyIQ Weekly Roundup. Here’s the latest news and updates that made headlines in the HR community this week.
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HR Dive
Glassdoor to be acquired in $1.2B deal
Major company review site and job board Glassdoor agreed this week to be acquired for $1.2 billion. Recruit Holdings Co. will be acquiring the company and adding Glassdoor to its portfolio of other job sites, like Indeed and Simply Hired. The deal is expected to close this summer. Read more about the acquisition and why this is happening so frequently in the recruiting technology industry.
MarketWatch
Why American teenagers are less likely to find a summer job
Unemployment is at an all-time low in recent years, but that doesn't mean landing a job is coming easily - especially for teens whose common jobs are being taken over by older workers. Summer employment for people ages 16 through 19 last year was nearly 4% lower than in 2016. Food service, customer service, and retail jobs, which used to be popular for teen workers, are now occupied by older workers year-round. These positions are important to teens who need to learn customer-facing skills for future employment. Read more about this study and the evolving summer employment atmosphere.
Fast Company
The Potential Hidden Bias In Automated Hiring Systems
As more and more organizations are moving to artificial intelligence (AI), an equal number of teams are still skeptical, and for good reason. Sure, technology and predictive assessment tools can perform better than a hiring manager's gut decision, but these tools can also perpetrate bias behaviors. Of course, AI isn't bias on its own. But, algorithms based on historical biases do not promote fairness in hiring. What do you think? Are HR and hiring ready for AI?
TLNT
How to Avoid the 5 Biggest Mistakes Companies Make Hiring Interns
The season is approaching for many summer interns to start their positions and jumpstart their careers. When hiring summer interns, many companies rush through the interview process or even overlook the importance of these roles. This article outlines the big mistakes you should avoid with your summer interns and what impact these mistakes can have on your organization.
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