Oracle Adds Social Recruiting to Talent Management Cloud

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selectmindsThe frenzy over social recruiting continues! Oracle has announced the acquisition of cloud-based social talent sourcing firm SelectMinds to expand Oracle’s own talent-management cloud capability.

The SelectMinds’ product permits recruiters of the use of social connections to distribute job opportunities, source referrals, and market their corporate brand. The Oracle/SelectMinds combo creates a recruiting, sourcing, and talent management solution for reaching better-quality candidates and referrals through social recruiting. Since acquisition, all SelectMinds products have been fully integrated with Oracle Cloud Recruiting, Performance Management and Human Capital Management solutions.

“Recruiting candidates through employee referrals is widely acknowledged as the most effective method to find talent through trusted contacts. Making recruiting efforts efficient and seamless by leveraging social connections and through mobile applications helps companies find better quality candidates and continue to build the pipeline for future talent,” said Thomas Kurian, Executive Vice President of Oracle Development. “By adding SelectMinds to Oracle’s Talent Management Cloud, Oracle can help customers with a complete talent management solution, enabling streamlined recruiting practices, more quality referrals, faster employee on-boarding, and better performance.”

“Oracle’s proposed acquisition of SelectMinds represents a strong endorsement of SelectMinds intuitive social sourcing technology and the value customers have achieved with our solutions. We’re excited to be a part of Oracle, and look forward to combining our resources to better serve and support customers with more global scale,” said Anne Berkowitch, SelectMinds’ CEO and Founder.

By Joshua Bjerke