SOURCE: WANTED Technologies

WANTED Technologies

October 19, 2015 07:00 ET

WANTED Analytics™ Launches Trend Data Visualization Tools to Help HR Executives Take Advantage of Opportunities in the Talent Market

Now HR Professionals Can Identify Emerging Competition for Talent, Anticipate Flight Risk, Pinpoint Salary Gaps and Proactively Develop Retention Strategies

QUEBEC CITY, QC--(Marketwired - October 19, 2015) - WANTED Technologies (TSX VENTURE: WAN), a leading provider of real-time employment market analytics and insight for talent acquisition professionals, today announced the addition of historical trend data and visualization tools to its popular WANTED Analytics™ product. The new trend charts fill an immediate need for companies looking to become more strategic about their workforce planning and talent acquisition in a rapidly changing labor market.

"It's really useful to see these trends over time," said Gurprit Bhambra, Strategic Talent Acquisition Manager EMEA & APAC, Allegis Global Solutions. "Having this kind of data in an easy-to-understand chart format can be hugely impactful when managing and hiring talent in highly competitive industries. Previously we had to create these charts from scratch. Historical trending data like this lets talent acquisition professionals like myself quickly cut through the noise and identify areas of strategic interest. We're excited to see this launch."

The new trend charts help HR and staffing executives quickly identify changing demand for positions in their industry; competitor hiring patterns; talent and skill availability; time to hire estimates, and salary levels. This feature is particularly effective for those employers operating in emerging technology areas such as unmanned aerial vehicle (UAV) operations, virtual reality, or robotics. Rather than seeing just a snapshot of the landscape, at a glance, an HR executive could quickly discover competitive hiring patterns from companies such as Google, Amazon, Bobcat, John Deere and AEROVIRONMET. The visualizations would then allow talent management to identify and forecast attrition risk in specific locations; determine whether or not to take proactive steps to retain their engineers, software developers and account managers; and ensure their employment offers are competitive enough to lure top candidates away from their competitors. An example of the hiring demand trend chart for Industrial Engineers with robotics skills in the Boston metro area can be viewed here.

WANTED's hiring trend graphs also give staffing firms a competitive edge in customer service and business development by helping recruiters identify which industries, geographies and specialty areas are experiencing the highest hiring demand.

"The fact that we can easily visualize historical trends in industries, positions, skills, and salaries lets us make informed, accurate planning decisions to serve occupations that will grow and thrive in the future," said Jess Lee Niebuhr, Real-Time Talent Project Consultant (a Minnesota education and workforce development private public collaborative). "For grants and planning purposes, this is especially useful as a comparison tool to labor market forecasts and as a means of demonstrating growth at rates different than forecasted, due to the recession."

WANTED Analytics will roll out the new trends charts to customers during October. Human resources and staffing professionals interested in demoing the product will be able to see the trends charts at Human Resources Executive Magazine's HR Technology Conference and Exposition held in Las Vegas from October 18-21, 2015.

About WANTED Technologies

WANTED Technologies helps organizations make intelligent workforce decisions by combining real-time and historical data across hiring demand and talent supply. WANTED Analytics™ is the company's cloud-based talent recruitment tool that transforms corporate HR into a strategic operation by providing detailed competitive information about employment trends, economic conditions, talent supply and demand, likely recruiting difficulty by market, and other pertinent job market statistics. WANTED Analytics™ is also used for similar purposes by professionals in the staffing, RPO, media and government sectors.

WANTED Technologies (TSX VENTURE: WAN) was founded in 1999 with offices in Quebec City, Canada and New York City. The company currently maintains a database of more than one billion unique job listings spanning more than 10 years and 11,000 occupational categories. The TSX Venture Exchange does not accept responsibility for the adequacy or accuracy of this release. Any statement that appears prospective shall not be interpreted as such.

Contact Information

  • Contact:
    Laurie Gibson
    Kickstart for WANTED Technologies

    LGibson@kickstartconsulting.com
    Tel: (650) 815-1438

    Ashley Rowe
    Senior Marketing Manager
    WANTED Technologies

    Tel: (212) 206-6241