Hilton is asking jobseekers to apply through TikTok.
Instead of submitting a CV and cover letter for roles, the international hotel chain allows applicants to send in a one-minute video "showing how you would make this day for our Hilton guests".
On its TikTok account, @hiremehiltonau, Hilton Australia shared a 34-second video labelled "recruitment process at Hilton", with a caption adding: "Looking for a job with #hilton? #tiktokresume #hospitalitylife #hiremehilton."
Interested parties are then asked to post the video application on their account, tag Hilton and add the hashtag #hiremehilton.
It is part of a six-week recruitment drive, dreamt up by a PR agency, looking to fill roles including bar attendant and front desk staff across 17 Australian properties.
It's not all bad news for those not on TikTok, though, as the company's website says it won't discard the old-fashioned CV. "Your dream career might be just around the corner and don't worry if creating videos isn't your style – we're equally happy to accept traditional written CVs," the statement reads.
The move is an attempt to attract Gen Z employees and also stems from concerns about artificial intelligence tools such as ChatGPT undermining traditional CVs.
“When you need somebody who’s going to have really good interpersonal skills, to be able to handle guest relationships or any of that side of things, you’ve got no idea [if they can do that] from the paper side," Mary Hogg, Hilton Australasia's regional HR director, told the Australian Financial Review.
Video interviews are not new. A recent OfficeTeam poll found 63 per cent of HR managers use or have recently utilised them in the employment process. In 2020, recruitment agency Walters People reported that candidates who submit a video with their CV are 40 per cent more likely to be shortlisted for an interview.
On the back of the trend, TikTok launched a pilot programme called TikTok Resumes in 2021, teaming up with employers such as Target and Shopify. It asked applicants to demonstrate their skills and use the hashtag #TikTokResumes.
It followed a subculture called CareerTok that rose during pandemic lockdowns, where career-themed videos were posted with job-hunting advice and employment opportunities.
In 2017, McDonald's rolled out a campaign for "Snaplications" via Snapchat, which reportedly had an estimated reach of 304 million people in three days.
This latest call for a social media-driven CV is not a welcome move by everyone, however. Michael Kalenderian, an executive producer at Guardian Australia, branded Hilton's move "an insult I wouldn't wish on my worst enemy" in an opinion column.
"Employment applications are already the height of awkward self-promotion," he added.
In 2021, following TikTok Resumes, which ended after only one month, US career guidance service Tallo conducted a survey that found 36 per cent of respondents were "somewhat comfortable" with making a video CV, while 48 per cent said they're either "somewhat uncomfortable" or "very uncomfortable". Only 12 per cent said they were OK with it.
There were two main reasons for this response, according to the study: introversion and increased bias from employers.
Tom Earls, a lawyer in Adelaide specialising in employment, workplace and industrial relations, also told The Guardian that while the Hilton's new hiring strategy is lawful, it poses a moral dilemma.
"Although the legal restrictions are relatively limited, requiring job applications to be made in a very public manner poses obvious ethical issues, as well as practical considerations that may also limit the available pool of applicants, especially in a tight labour market," he said.
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How to watch Ireland v Pakistan in UAE
When: The one-off Test starts on Friday, May 11
What time: Each day’s play is scheduled to start at 2pm UAE time.
TV: The match will be broadcast on OSN Sports Cricket HD. Subscribers to the channel can also stream the action live on OSN Play.
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Mercer, the investment consulting arm of US services company Marsh & McLennan, expects its wealth division to at least double its assets under management (AUM) in the Middle East as wealth in the region continues to grow despite economic headwinds, a company official said.
Mercer Wealth, which globally has $160 billion in AUM, plans to boost its AUM in the region to $2-$3bn in the next 2-3 years from the present $1bn, said Yasir AbuShaban, a Dubai-based principal with Mercer Wealth.
“Within the next two to three years, we are looking at reaching $2 to $3 billion as a conservative estimate and we do see an opportunity to do so,” said Mr AbuShaban.
Mercer does not directly make investments, but allocates clients’ money they have discretion to, to professional asset managers. They also provide advice to clients.
“We have buying power. We can negotiate on their (client’s) behalf with asset managers to provide them lower fees than they otherwise would have to get on their own,” he added.
Mercer Wealth’s clients include sovereign wealth funds, family offices, and insurance companies among others.
From its office in Dubai, Mercer also looks after Africa, India and Turkey, where they also see opportunity for growth.
Wealth creation in Middle East and Africa (MEA) grew 8.5 per cent to $8.1 trillion last year from $7.5tn in 2015, higher than last year’s global average of 6 per cent and the second-highest growth in a region after Asia-Pacific which grew 9.9 per cent, according to consultancy Boston Consulting Group (BCG). In the region, where wealth grew just 1.9 per cent in 2015 compared with 2014, a pickup in oil prices has helped in wealth generation.
BCG is forecasting MEA wealth will rise to $12tn by 2021, growing at an annual average of 8 per cent.
Drivers of wealth generation in the region will be split evenly between new wealth creation and growth of performance of existing assets, according to BCG.
Another general trend in the region is clients’ looking for a comprehensive approach to investing, according to Mr AbuShaban.
“Institutional investors or some of the families are seeing a slowdown in the available capital they have to invest and in that sense they are looking at optimizing the way they manage their portfolios and making sure they are not investing haphazardly and different parts of their investment are working together,” said Mr AbuShaban.
Some clients also have a higher appetite for risk, given the low interest-rate environment that does not provide enough yield for some institutional investors. These clients are keen to invest in illiquid assets, such as private equity and infrastructure.
“What we have seen is a desire for higher returns in what has been a low-return environment specifically in various fixed income or bonds,” he said.
“In this environment, we have seen a de facto increase in the risk that clients are taking in things like illiquid investments, private equity investments, infrastructure and private debt, those kind of investments were higher illiquidity results in incrementally higher returns.”
The Abu Dhabi Investment Authority, one of the largest sovereign wealth funds, said in its 2016 report that has gradually increased its exposure in direct private equity and private credit transactions, mainly in Asian markets and especially in China and India. The authority’s private equity department focused on structured equities owing to “their defensive characteristics.”
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Director: Athale
Rating: 4/5
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Leeds United 3 (Harrison 12', Bamford 30', Klich 66')
Man of the match Mohamed Salah (Liverpool)
What can victims do?
Always use only regulated platforms
Stop all transactions and communication on suspicion
Save all evidence (screenshots, chat logs, transaction IDs)
Report to local authorities
Warn others to prevent further harm
Courtesy: Crystal Intelligence