Recruitics Dresses Down Indeed, ZipRecruiter Aims for $1 Billion Valuation, RealMatch, SodaStream an


Dollar dollar ZIP ya'll! Money is flowing into the recruitment tech space like a melting glacier into the Atlantic Ocean.

In this week's episode, ZipRecruiter eyes a new round of funding to the tune of $50 million, valuing the company at $1 billion, or the cost of both Monster and CareerBuilder put together.

Plus:

- Recruitics exams Indeed three major changes already rolled out in 2018

- A salesperson at Indeed employee is pissed and goes off on Glassdoor

- Soda Stream drops a killer advert, but the execution blows

- RealMatch launches pandoIQ, and agencies are losing their shit

- A bunch of companies just got funding

- Workday turns on a start-up homing beacon

And much more. While listening, visit our sponsors: America's Job Exchange, Sovren, Ratedly, Catch 22 Consulting and the Campaign to Elect Chad & Cheese to President ... of Monster.

Don't forget to REGISTER for TAtechEurope - Discount Code - TATECHTEN18

PODCAST TRANSCRIPTION

Announcer: Hide your kids, lock the doors! You're listening to HR's most dangerous podcast. Chad Sowash and Joel Cheesman are here to punch the recruiting industry right where it hurts. Complete with breaking news, brash opinion, and loads of snark. Buckle up boys and girls, it's time for The Chad and Cheese Podcast.

Joel: Heidi-ho kiddies, welcome to The Chad and Cheese Show, HR's most dangerous podcast. I'm Joel Cheesman.

Chad: And I'm Chad Sowash.

Joel: Giddy-up. On this week's show Recruitics calls out changes at Indeed in a white paper, no doubt. Recruitment ad agencies are losing their shit over programmatic ad buying, and ZipRecruiter goes looking for a Brink's truck to go hijack. Dollar dollar bill, y'all. Stay tuned.

Announcer: America's Job Exchange is a market leader in diversity recruitment and an OFCCP compliant solution provider. We serve over a thousand customers consisting of federal contractors and subcontractors to SMBs and Fortune 500 organizations. America's Job Exchange specializes in job distribution to over 6,500 state one-stop career centers and community-based organizations, ensures the creation and maintenance of state credentials, obtains veteran preference on job postings, robust outreach management, and supports effective, positive recruitment efforts designed to recruit individuals with disabilities, veterans, women, and minorities. For more information, call us at 866-926-6284, or visit us at www.americasjobexchange.com.

Chad: Yeah, if you're a federal contractor, just so you know, make sure that you're checking to make sure that your jobs are getting actually listed into the state job bank for God's sakes. If you're not checking that stuff and you feel like vendor's doing it for you, but you're not checking it, you're probably getting screwed, dude. So check that out.

Joel: Dude, I love how much you love compliance and all this crap. Because if you didn't care about it, we'd never talk about it.

Chad: It's hundreds of millions of dollars.

Joel: Oh I know, veteran hiring, government, that's your lane, man, and I love that you love it. But yeah, we feel pretty good about this show so I say, let's get to it.

Chad: Let's hit it. Let's hit it.

Joel: All right, shout outs.

Chad: First off, Ed is officially on Team Chad, even though he doesn't even know what that means. I love blind commitment. Ed, I love blind commitments and I think this leads to ... before we get into anything more shout out-ish, we should talk a little bit about that Super Bowl.

Joel: Oh, God. Okay, here's what we're going to talk about. The only reason he's on Team Chad is he's an Eagles fan and you picked the Eagles, so it has nothing to do with your intellect or your charm. It's just the fact that you blindly picked against the Patriots.

Chad: Sometimes Ed and I are very symbiotic in our thoughts and it just happened to be that way with the Eagles, and I bet that he would also believe that my favorite Super Bowl ad was his favorite Super Bowl ad. But before we get there, what was yours?

Joel: Favorite Super Bowl ad?

Chad: Yeah.

Joel: I think Tide ruled it.

Chad: Tide. Tide did well.

Joel: Yeah, Tide crushed it. That's probably the few I only remember from the game.

Chad: Dude, everybody's gonna remember this one. Dirty dancing ... I had the time of my life with Eli Manning, yeah, yeah, and the lift. Dude, that was the funniest. I mean, the Manning brothers do some of the best commercials out there and the NFL knocked it out of the park on this one.

Joel: The Mannings are great pitchmen for sure. Dublin's coming up. We always mention this. Eventually we will get there and not have this as a shout out anymore, but if you're gonna be in Dublin, we'll see you there. If you're not going to Dublin, you need to go. I think we have a coupon code too, which is really long.

Chad: Yes, so get your writing utensil out and get ready to take this down. It is TATECHTEN, which is spelled T-E-N, not the numbers, and then 18, which are the numbers. So TATECH, with the numbers 18, TATECHTEN18.

Joel: Was shamrock or leprechaun too hard of a coupon code to use?

Chad: As you can see, they're fairly consistent with this coupon code, so I think they've actually created this as our coupon code. I could be wrong. But yeah, it should have been Chad and TATECHCHEESE, right?

Joel: Yeah.

Chad: So before we leave talking about the Super Bowl, first off the ad, the Chad and Cheese-

Joel: I tried to get him off this, everybody. I really tried.

Chad: ... the Chad and Cheese ad, though, man. It was funny because we weren't really sure how Monster was going to take this ad, you know? We thought that they might turn their-

Joel: I slept with one eye open. I slept with one eye open that night.

Chad: I don't believe that. We weren't sure how they were going to take it, but to be quite frank it was really cool, and there was kind of like this moment of silence, I think, and then one of their SVPs actually came out and thought it was hilarious. I think they reposted it, so we started to see a lot of trending from Monster. They really embraced us making fun of them, which I thought was cool.

Joel: It's a new Monster. Everyone that was there is gone, pretty much.

Chad: Yeah.

Joel: The new band is pretty fun, so we're going to keep rolling with this I think.

Chad: Yeah, so shout-out to David Zaneski over there. I understand he's a huge fan. He's a huge fan.

Joel: David. We appreciate it, man. David'll be running that place here soon, from what we hear, so way to go David. Christi Moon, our self-proclaimed biggest fan.

Chad: Woo-hoo!

Joel: I was in Salt Lake City this week and Christi is in some city I've never heard of in Utah. It's probably Mormon central or something, but she came up and said hi, which I thought was awesome, because she's such a fan. So Christi, you've earned this shout-out for the two-hour round trip that you made to come say hi and hang out for a little bit.

Chad: Very nice. I had an anonymous comment on LinkedIn about the Super Bowl commercial. Here's what it says, "Saw the video, thought it was very funny, but Monster will never have staffing support again now that it's owned by Randstad. None of us are going to hand over our hard-earned revenue to the competition and trust they will treat our postings fairly or securely." They end up with "Come on, Google for Jobs!"

Joel: He's probably right.

Chad: All rooting for you. I think it's interesting that a lot of these companies use the hell out of Indeed and they don't realize that Recruit Holdings has ... I mean, part of their portfolio, they have staffing. Right? I know it's not a big name like Randstad, but what do you think about that?

Joel: I think it will further prove my point that iCIMS is going to make TextRecruit exclusive to them because none of the competitors of iCIMS want to have their API open to one of their companies, which was sort of confirmed by a certain CEO that we interviewed recently. So we will see about that, but I tend to agree that if it's so blatant as Monster is owned by a staffing company so why would staffing companies get in bed? If Monster became the Monster of old it wouldn't be an issue because everyone would have to use them, but you can sort of not use Monster now and be okay. So, yeah, I kind of agree with his point.

Chad: Okay. Okay. I'm not quite there yet, but I think a lot of it does have to do with optics. There's no question, and I think you're right there. One thing I want to throw out real quick, so, Kelly ... being Robinson Kelly ... he sends us funny shit all the time. Some of it's funny, some of it's not so funny. So, there's a quick segment we're going to call Funny Shit Kelly Sends Us, and this is really a caution to talent acquisitions. Think about this, because vendors are actually doing this and their testing your systems. Here's the story.

Chad: A vendor is getting ready to engage with a client and they're testing their system. In doing that, they apply for a job, which I'm sure you've heard a million times and probably some of you in talent acquisition have done this as well. They apply for a job. The next day, that individual actually received a call from a recruiter. The whole funny part about this whole stupid-ass story is that-

Joel: You did say real quick.

Chad: ... he applied with Big Bird's resume for a dental surgery position. So, this either means that that company needs to do a shit-ton of training from a recruiter's standpoint or maybe we need to step up our game, talent acquisition.

Joel: That's your real quick story?

Chad: That was a very quick story.

Joel: Holy cow. Let's get through shout-outs here real quick. Apparently, there's a Melting Pot owner in Dallas with three or four franchises who listens to this show.

Chad: Really?

Joel: I have no idea how he found out about us, but he listens to learn about recruiting and employment, so whoever you are in Dallas owning Melting Pots, assuming you're listening, big shout out to you.

Chad: Yeah, and Dallas is a huge hotbed for recruiting, TA leadership, that kind of stuff. You can go ahead, and you've got our permission, to play Chad and Cheese Podcasts over the sound system in your restaurants.

Joel: I think their goal is to actually sell food, not clean it up after it's regurgitated.

Chad: Good point.

Joel: Chris Amato from OptiJob is still alive.

Chad: What?

Joel: Shout out to him.

Chad: Dude.

Joel: I didn't even know they were still in business, but yes OptiJob is still around doing the SEO thing, doing the social thing, and he reached out to us. I consider him a friend, I think you do too.