Logo

    Recruiting News from Xing, Honeypot, Tac Bell, Glassdoor, Indeed

    enApril 05, 2019
    What was the main topic of the podcast episode?
    Summarise the key points discussed in the episode?
    Were there any notable quotes or insights from the speakers?
    Which popular books were mentioned in this episode?
    Were there any points particularly controversial or thought-provoking discussed in the episode?
    Were any current events or trending topics addressed in the episode?

    About this Episode

    Podcast sponsored by Hiretual - the recruiters best friend.

    Xing, the business networking platform that has been described as Germany’s answer to LinkedIn, has made an acquisition to beef up its recruitment business ahead of a rebrand of the business as “New Work.” The company has acquired Honeypot, a German startup that has built a job-hunting platform for tech people, for up to €57 million ($64 million). Xing tells us that Honeypot  is its biggest acquisition to date.

    The figure includes the acquisition (€22 million) plus a potential earn-out of up to €35 million if certain targets are met in the next three years.

    Xing said that it plans to rebrand as New Work in the second half of 2019, bringing together a number of other assets it has acquired and built over the years.

    “This acquisition is an excellent addition to our New Work portfolio,” Thomas Vollmoeller, CEO at Xing, said in a statement. “Honeypot focuses on candidates by helping them to find a job matching their individual preferences… With subsidiaries and brands such as kununu and HalloFreelancer, Xing is far more than just a single network. New Work is the umbrella spanning all our business activities.” Xing said that all the smaller companies will keep their branding.

    https://techcrunch.com/2019/04/01/german-linkedin-rival-xing-is-rebranding-as-new-work-acquires-recruitment-platform-honeypot-for-up-to-64m/

    Glassdoor, one of the world’s largest job and recruiting sites, today announced it has expanded its product and software engineering operations into Chicago, which will bring dozens of new technology jobs to the company’s office in the desirable and developing Fulton Market District.

     

    “Chicago is an important growth city for Glassdoor,” said Glassdoor President & Chief Operating Officer Christian Sutherland-Wong. “In less than three years, this office has grown into one of Glassdoor’s largest employee centers, in large part due to the city’s incredible talent pool. We look forward to building a stellar product and engineering group here.”

     

    The Chicago-based product and software engineering team will be the first of Glassdoor’s U.S. engineering teams based outside of its San Francisco Bay Area offices. The team will focus on recruiting innovation, including building Glassdoor recruiting products that help employers from large enterprises to small businesses hire and recruit quality talent more effectively.

     

    In addition to hiring for front-end, back-end, machine learning and test engineers, as well as engineering leaders, in the Chicago office, Glassdoor will also hire for other technical roles, including data scientists, product managers, and designers. Currently, the company is hiring for several newly created technical and product jobs with plans to add dozens more in the near future.

    Located at 1330 W Fulton Street, the office is currently home to more than 250 Glassdoor employees

     

    https://recruitingheadlines.com/glassdoor-expands-operations-to-chicago/

     

    Following the success of last year’s event, HR Technology Conference & Exposition® today shared details of its second annual “Pitchfest.” From the producers of the world’s leading global HR technology events, the 2019 Pitchfest will take place during the HR Technology Conference & Exposition® happening October 1 – 4, 2019 at The Venetian Las Vegas.

     

    Of those that apply, 30 HR technology startups will have the opportunity to present their solution at this year’s conference. In the three preliminary rounds, ten companies will have three minutes to pitch the panel, with an additional two minutes to answer the judges’ follow up questions.

    Two companies from each round will advance to the Pitchfest final, where the top six will go head to head. Once selected, the overall winner will participate in the conference’s popular “Discovering the Next Great HR Technology Company” session, in addition to taking home a monetary prize from the Randstad Innovation Fund and exhibit space for the 2020 HR Technology Conference & Exposition®.

     

    Conference Co-chair Steve Boese commented, “The HR technology sector continues to evolve and expand, and with that, we see increased innovation from startups actively rethinking the future of work. Pitchfest gives these companies the platform to share their products and solutions with the world’s largest HR technology audience, including the top industry influencers, analysts, HR leaders, angel investors and VCs. We’re looking forward to seeing what the 2019 Pitchfest participants bring to the table.”

     

    https://recruitingheadlines.com/pitchfest-returning-to-2019-hr-technology-conference/

     

    Indeed announces Featured Employer on search results

    If you’ve ever sponsored a job on Indeed, then you know that this is a way to make your open roles stand out from others by having them appear prominently in the search results (e.g., in key locations at the top and bottom of the results page).

    By Becoming an Indeed Featured Employer you can= take this even further by providing additional benefits to promote your company while also supplying you with access to actionable labor market insights that will help you find and attract quality candidates.

    When it comes to additional promotion, it works like this: job seekers will see your company highlighted on the right side of the page, next to relevant search results.

    We’ll display your company logo and in addition provide a link to your Indeed Company Page, making it easy for job seekers to go straight from the search results to a resource where they can learn more about your company and its culture.

    Job seekers can read a mix of curated content from you and employee reviews that will provide insight into your workplace — and the better informed the candidate is, the greater the chances are of your making a match that’s right for them and your company.

    There are two levels of Featured Employer, Basic and Preferred, which you can qualify for based on your monthly spend on Sponsored Jobs. Spending at either Featured Employer level will earn your company increased visibility for your jobs and company, access to additional labor market insights (with Hiring Insights) and Resume Rewards.

    http://blog.indeed.com/2019/04/04/featured-employer/

    Recent Episodes from Rec Tech: the Recruiting Technology Podcast

    Talent Acquisition Excellence with Bas Van Der Haterd

    Talent Acquisition Excellence with Bas Van Der Haterd

    Bas van de Haterd is a professional speaker, consultant and trainer with a particular focus on using technology to improve recruitment. Based in Soest, The Netherlands, he has more than 20 years' experience and his consulting clients include Dutch Rail, Dutch Post and Twente University.

    His new book, co-authored with Kevin Wheeler is out. Entitled Talent Acquisition Excellence - Using Digital Capabilities and Analytics to Improve Recruitment.

    https://www.koganpage.com/hr-learning-development/talent-acquisition-technologies-9781398614161

    Use code koganpage20 to get 20% off

    Also available on Amazon

     

    Deel Strikes Again

    Deel Strikes Again

    San Francisco, March 6, 2024 – Remofirst, the most affordable HR solution for employing talent worldwide, today announced that it has raised $25 million in a Series A funding, in a round led by Octopus Ventures, with participation by existing investors

    https://hrtechfeed.com/remofirst-raises-25-million-series-a-to-make-it-easy-to-employ-global-remote-teams/

    First Advantage Corporation (NASDAQ: FA), a leading provider of employment background screening, identity, and verification solutions, today announced financial results for the full year and fourth quarter ended December 31, 2023.

    https://hrtechfeed.com/first-advantage-reports-full-year-4th-quarter-results/

    XpertHR will be adding “AI Assist” so HR leaders can get the critical, trusted insights they need more rapidly.

    https://hrtechfeed.com/xperthr-introduces-gen-ai-capabilities/

    On the heels of its acquisition of Zavvy last week, global HR company Deel ($12B valuation; 20k+ customers in 150+ countries) announced that it has acquired payroll giant PaySpace and achieved $500M in annual recurring revenue. 

     

     

    How Headhuntable Helps Tech Pros Get Hired

    How Headhuntable Helps Tech Pros Get Hired

    A new tech job platform offering tech professionals a complete, autonomous solution to finding their next career move has launched. Called Headhuntable, the site leverages virtual assistants to aid job seekers in their search.

    Headhuntable.io provides a lifeline for skilled individuals seeking stable employment. The platform combines three crucial elements: an intimate knowledge of the technical marketplace and its hiring practices, Virtual Assistants (VAs) who serve as agents to market your talent to prospective employers, and Mentors/Coaches to help you develop your professional skills and navigate the hiring process in the best light possible.

    The highly trained VAs are dedicated job search experts who take the burden off job searchers’ shoulders by actively finding and applying to relevant positions, handling communication with recruiters, and providing interview preparation and career development support. The VAs are “tireless advocates, ensuring clients are seen and heard amidst the noise of hundreds of other applicants.”

    Deel Deals, Workday Scores

    Deel Deals, Workday Scores

    ZipRecruiter® (NYSE: ZIP) a leading online employment marketplace, today announced financial results for the quarter and full year ended December 31, 2023. 

    • Full-year revenue of $645.7 million

    • Full-year net income of $49.1 million, or net income margin of 8%

    https://hrtechfeed.com/ziprecruiter-announces-fourth-quarter-and-full-year-2023-results/

    Resume and recruitment platform Hellohive seeks to help eliminate hiring bias by creating a virtual community that includes employers and those looking for a new role.

    https://hrtechfeed.com/recruitment-platform-hellohive-gets-3-4m/

    Workday, Inc.  which trades on the (NASDAQ:WDAY), has entered into a definitive agreement to acquire HiredScore, a leading provider of AI-powered talent orchestration solutions, which enable companies to use data-driven insights to improve recruiting and talent mobility processes.

    https://hrtechfeed.com/workday-intends-to-acquire-hiredscore/

    https://hrtechfeed.com/hiredscore-and-workday-a-lightning-rod-moment-for-talent-technology/

    Global payroll & HR company Deel announced today that it has acquired German-based people enablement platform Zavvy. All of Zavvy’s team members are joining Deel.

    https://hrtechfeed.com/deel-acquires-people-development-platform-zavvy/

    First Advantage Corporation (NASDAQ:FA), a leading provider of employment background screening, identity, and verification solutions, announced today that it has entered into a definitive purchase agreement to acquire Sterling Check Corp. (NASDAQ:STER), a provider of background screening and identity services. First Advantage will issue a combination of cash and stock valuing Sterling at approximately $2.2 billion, including Sterling’s outstanding debt.

    https://hrtechfeed.com/first-advantage-to-acquire-background-check-company-sterling-for-2-2-billion-in-cash-and-stock/

     

    Align Your Hiring Process to the Business Outcomes

    Align Your Hiring Process to the Business Outcomes

    The efficiency and effectiveness of your hiring processes directly correlate to the bottom line of your company - especially when you’re hiring at scale, on a deadline, and for a boat.

    During our first live peer-to-peer roundtable conversation of 2024, Jim D'Amico, Director of Shoreside Talent Acquisition at Holland America Group (a subsidiary of Carnival Corporation) discussed how TA can add demonstrable value to the business.

    Betterleap, UKG, Power to Fly

    Betterleap, UKG, Power to Fly

    Betterleap, an AI-powered outbound recruiting platform, announced new natural language search (NLS) capabilities for recruiters. With Betterleap NLS, recruiters can describe their hiring goals in their own words, such as “I need a software engineer who has at least eight years of experience, knows Python, and works within 40 minutes of the Google HQ campus” and let Betterleap automatically create a search. Recruiters can then expand or narrow down search results using filters to find new candidates that might otherwise be overlooked.

    https://hrtechfeed.com/betterleap-unveils-ai-powered-search-to-help-recruiters-source-talent/

    Spark Hire, a frontrunner in video interviewing solutions for over a decade, and Comeet, its advanced Applicant Tracking System (ATS), have announced an important new feature within the ATS as an advancement of their comprehensive Talent Acquisition Suite. This exciting rollout introduces Spark Hire’s one-way video interviewing feature directly into its ATS platform marking a significant stride toward better hiring for everyone.

    https://hrtechfeed.com/comeet-launches-one-way-video-interviewing-within-ats-workflow/

    ADP Marketplace, boasting the title of the world’s largest digital HR storefront with over 800 partner solutions, is introducing AI-powered integrations, ADP Marketplace empowers clients to confidently discover and implement the most suitable solutions for their specific needs. This commitment extends to responsible AI practices, ensuring all partner solutions adhere to established ethical guidelines.

    https://hrtechfeed.com/adp-adds-ai-enabled-partner-solutions-to-marketplace/

    NEW YORK – PowerToFly, a diversity talent acquisition and engagement platform connecting underrepresented talent to great careers, today announced that the number of candidate profiles in its diversity recruiting software, PowerPro, has expanded to over 17 million. 

    https://hrtechfeed.com/17-million-and-counting-powertofly-unlocks-massive-diverse-talent-pool-with-new-ai-matching/

    AUSTIN, Texas and LOS ANGELES — Podium Education (Podium), the nation’s fastest-growing experiential education company for universities, has acquired Untapped, the all-in-one early career talent platform that connects students with top companies.

    https://hrtechfeed.com/early-career-talent-platform-gets-acquired/

    UKG, a leading provider of HR, payroll, workforce management, and culture solutions for all people, has been named by Forbes as one of America’s Best Large Employers in 2024. 

    https://hrtechfeed.com/ukg-is-one-of-americas-best-large-employers/

     

    Hibob Says Hello to Pento, Upwork Earnings and Screening on TikTok

    Hibob Says Hello to Pento, Upwork Earnings and Screening on TikTok

    BambooHR®, the popular human resource platform where everything works together, announced the first of several planned AI-powered product features: AI Topic Summaries for Employee Satisfaction with eNPS®*, which offers conveniently distilled AI analysis of all employee open response feedback into an impactful report.

    https://hrtechfeed.com/bamboohr-adds-ai-powered-employee-sentiment-analysis/

    According to Market.us, The Online Recruitment Market is projected to witness a compound annual growth rate of 6.4%, thereby reaching a market size of USD 58.0 Billion by 2032, from USD 34.0 million in 2023.

    https://hrtechfeed.com/online-recruitment-market-size/

    Upwork Inc. (Nasdaq: UPWK), the world’s largest work marketplace that connects businesses with independent talent from across the globe, today announced its financial results for the fourth quarter and full year of 2023

    https://hrtechfeed.com/upwork-reports-fourth-quarter-and-full-year-2023-financial-results/

    Los Angeles–Fama Technologies,the candidate screening platform ,announced the upcoming launch of a new feature: TikTok as a Source. This addition will empower organizations to extend their screening capabilities to one of the world’s most popular social media platforms, TikTok.

    https://hrtechfeed.com/fama-technologies-adds-tiktok-screening-feature-to-its-modern-candidate-screening-solution/

    HiBob, a provider of modern HR software for mid-sized companies, has announced its acquisition of Pento, a UK-based platform for automated payroll. This move follows the launch of HiBob’s Payroll Hub in 2021 and signifies the company’s commitment to offering a comprehensive “all-in-one” HR experience for UK businesses, streamlining payroll complexities and boosting efficiency.

    https://hrtechfeed.com/hibob-makes-acquisition/

    CRM's, Stocks and HR Tech in the Super Bowl

    CRM's, Stocks and HR Tech in the Super Bowl

    SmartRecruiters unveiled its revitalized SmartRecruiters Marketplace this week—a “next-generation hub” tailored for employers to build their essential recruitment ecosystem.

    https://hrtechfeed.com/smartrecruiters-relaunches-their-marketplace/

    AUSTIN, TX: The team behind Energy Freelance, the hiring platform streamlining contractor work in the energy sector, has announced the launch of Energy Hire. This revolutionary new platform specifically targets full-time employment and career development within the energy industry, empowering both employers and professionals with a dynamic suite of industry-specific machine learning (AI) tools.

    https://hrtechfeed.com/energy-sector-job-market-launches/

    hireEZ announced today the launch of hireEZ 2, the only candidate relationship management (CRM) platform built for recruiters by recruiters with industry-leading sourcing, analytics, and automation functionality.

    https://hrtechfeed.com/hireez-launches-crm-platform/

    Recruit Holdings, parent company of Indeed and Glassdoor announce earnings for For FY2023 and its Q3…, the Company expects consolidated revenue to decrease 0.9% year over year. 

    For the 3 months ending Dec 31st 2023 revenues at Indeed/GD for the US came in around 167 million, thats down 17% YOY.

    https://hrtechfeed.com/recruit-holdings-announcesconsolidated-financial-guidance-for-fy2023-newsroom-recruit-holdings/

    Workforce payments platform Papaya Global will have a super bowl ad this Sunday.They appear tobe the only company in our space with one, if you remember Workday and Upwork had one last year

    https://hrtechjob.com/blog/papaya-global-s-super-bowl-ad