NEW
YORK, June 17, 2024 /PRNewswire/ -- Greenhouse,
the leading hiring platform, today announced it has been recognized
as a Core Leader in the 2024 Fosway 9-Grid™ for Talent Acquisition
for the fourth consecutive year. This highlights Greenhouse's
commitment to innovation and its ability to deliver solutions that
address today's talent acquisition challenges.
Fosway identifies Core Leaders as companies with an excellent
track record of enterprise win rates, customer delivery, and
advocacy. Greenhouse has been recognized as a talent acquisition
industry leader for its large enterprise customer base
in EMEA, strong performance in the market and commitment to
product advancements.
Despite tight EMEA labor markets, there are already signs that
headcount reductions in some vendors are reversing and according to
Fosway, AI innovations are accelerating roadmaps and the case for
upgrades and new solutions in corporate buyers. Additionally,
Fosway recognizes that strategic workforce planning is undergoing a
resurgence as the focus of work and talent acquisition shifts
towards skills. This trend emphasizes aligning workforce plans with
in-demand skills rather than specific job titles.
"The talent acquisition market has been facing many
challenges including economic pressures as well as a tight labour
market in many countries, but it has been resilient and is now
showing signs of positive momentum," said David Wilson, CEO, Fosway Group. "The platforms
that will thrive are the ones that enable customers to embrace
innovation. We've seen Greenhouse increase its presence in the EMEA
market especially as it keeps bringing innovative features
– from AI to reporting and more – to market."
"In today's dynamic talent landscape in EMEA, with economic
uncertainties and a growing focus on skills, seamless candidate
experiences and efficient hiring processes are crucial for
attracting top talent," said Jon
Stross, Co-founder and President, Greenhouse.
"Greenhouse's recognition as a Core Leader in the Fosway 9-Grid™
underscores our commitment to providing innovative solutions. Our
hiring platform empowers organizations to leverage skills-based
hiring, improve candidate experience, and build high-performing
teams that are future-proofed for success."
Key trends from the report that companies should consider:
AI Adoption on the Rise: Despite concerns about ethics
and security, large companies are actively investing in AI
solutions. This trend reflects growth in AI capabilities with
advances in the technology making it more powerful and versatile,
opening up new opportunities for businesses. Companies are
developing policies and procedures to address ethical concerns and
ensure the security of AI implementation.
Skills Take Center Stage with the Help of AI: The
way companies hire and manage talent is evolving with the rise of
AI-powered skills analysis. Modern AI solutions can extract skills
from job descriptions and candidate resumes, enabling more targeted
and efficient recruitment. AI can also analyze skills and rank
candidates based on their suitability for specific roles, leading
to better hiring decisions. With AI highlighting the most relevant
skills, companies can tailor their training programs to bridge
skill gaps and upskill their workforce.
Greenhouse has taken a thoughtful approach to AI, developing
features and functionality including Greenhouse Sourcing Automation
content generation, resume anonymization and more that harness the
power of AI responsibly to make the hiring process more efficient
and effective.
The Fosway 9-Grid™ is EMEA's premier five-dimensional model that
compares organizations based on their Performance, Potential,
Market Presence, Total Cost of Ownership and Future Trajectories
across the market. Unlike other analyst models, Fosway 9-Grid™
research is primarily focused on talent acquisition solutions that
are relevant to international enterprise-scale customers whose
primary engagement with providers is throughout European
headquarters. For more information on the Fosway 9-Grid™
methodology visit https://www.fosway.com/9-grid/.
To learn more about Greenhouse hiring software, visit our
website.
About Greenhouse
Greenhouse is the leading hiring platform to help
companies get measurably better at hiring.
With Greenhouse, organizations can ensure every hire is the
right hire, taking candidates from talented prospects to top
performers. Our industry-leading software brings a structured
hiring approach to any company's process, helping to define the
role, requirements and attributes a successful candidate should
have before a job is posted, enabling internal alignment and
confident decision-making. The result is more fair and equitable
hiring practices combined with data-driven decisions.
We've helped over 7,500 companies across diverse industry
verticals and scaling goals turn talent into a strategic advantage,
so they can be ready to hire for what's next. Some of the smartest
and most successful companies like HubSpot, Duolingo, Lucid Motors,
Gong, J.D. Power and Scout24 use Greenhouse for data and guidance
on the behaviors and capabilities they need to improve their
overall hiring performance as they move up the Hiring
Maturity curve.
Greenhouse has won numerous awards including Fortune Best
Workplaces, Inc. Magazine Best Workplace, Glassdoor #1 Best Place
to Work, Forbes Cloud 100, Deloitte
Technology Fast 500, Inc. 5000, Crain's Best Places to Work NYC and
Mogul's Top 100 Workplaces for Diverse Representation.
© 2024, Greenhouse Software, Inc. All rights reserved. "Hire for
what's next," "The/Your all-together hiring platform," "Talent
Makers" and the G Logo are trademarks of Greenhouse Software,
Inc.
Writing about Greenhouse? We've got everything you need. For
access to company logos, images, information and more, contact
press@greenhouse.io.
About the Fosway 9-Grid
Fosway Group is Europe's #1 HR industry analyst. The Fosway
9-Grid™ provides a unique assessment of the principal learning and
talent supply options available to organisations in EMEA. The
analysis is based on extensive independent research and insights
from Fosway's Corporate Research Network of over 250 organisations,
including BP, HSBC, PwC, RBS, Sanofi, Shell, and Vodafone.
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SOURCE Greenhouse Software, Inc.