Rec Tech: the Recruiting Technology Podcast In The News: Paycor, PairIn, Paradox and High5
Recruiting Technology headlines
High5, has launched a new recruiter marketplace and talent community platform that aims to disrupt traditional staffing methods and transform how companies get work done.
The High5 platform creates a global, digital talent supply chain by bringing together an open marketplace of talent and global networks of independent recruiters and subject matter experts who vet and submit talent to jobs on High5. A major differentiator for High5 is how trust and high-quality outcomes are delivered to all users. Each candidate, recruiter, talent supplier, customer, and job are vetted and verified before entering the supply chain.
When paired with High5’s talent engagement technology and global payrolling capabilities, these talent supply innovations are capable of delivering any candidate, with any skill, on any form of work, to any employer or managed staffing program, anywhere in the world. This ALL-talent and ALL-work approach is a distinguishing characteristic of High5. From full-time to part-time, contract, contract-to-hire, SOW, on-site or remote, from gig-work to big work — it all gets done with High5.
Traditional staffing services and talent platforms used to find talent globally are fragmented and limited in the breadth of services they provide,” Robert Merritt, High5’s Chief Revenue Officer, explains. “They are limited in the vetting and curation of talent they deliver employers and managed staffing programs. Traditional methods promote speed over quality at the employer’s and candidate’s expense. These methods result in poor talent quality, wasted time and money, long fill times, and a hiring manager and candidate experience that is less than desirable.”
https://hrtechfeed.com/high5-launches-new-recruiter-marketplace/
Paradox, the leading conversational AI platform helping global talent acquisition teams automate recruiting tasks like screening, interview scheduling, and candidate communications, announced today the acquisition of Spetz.io, an Israeli startup helping clients like EY and Sodastream modernize candidate communications.
The acquisition highlights Paradox’s strategic investment in global innovation and world-class client services, said Paradox founder and CEO Aaron Matos. But it wasn’t just about creating another R&D center. Just as important, Matos said the Spetz team’s vision, mission, and values closely aligned with Paradox.
“This acquisition is all about aligning with incredibly smart people who share our passion for building products that recruiting teams love,” Matos said. “We were impressed with the Spetz team’s growth, and even more impressed with their vision for what we can build together.”
Yam Dvir, Spetz’s co-founder and CEO, said the feeling was mutual.
“When we met with the Paradox team we immediately saw a massive opportunity to build something bigger than ourselves,” said Dvir. “Combining our expertise with Paradox’s vision and momentum as a clear category leader is really one of those ‘the whole is greater than the sum of its parts’ opportunities. We can’t wait to get started accelerating Paradox’s vision for a future where recruiting is frictionless, elegant, and people-centric.”
https://hrtechfeed.com/paradox-acquires-israeli-chatbot-spetz-io/
PAIRIN, the workforce journey company, today announced the official close of its Series A investment round, now totaling $4.36M. This round builds upon the $2.1 million raised in June.
The COVID-19 pandemic has pulled back the curtain on the challenges that come with navigating and delivering services like unemployment, career planning and education, provided by states, education institutions and workforce programs. These services are often difficult to use, inflexible, not personalized for users and costly to replace. PAIRIN helps ensure end users can quickly and easily navigate access to services like career assistance and college planning through its innovative My Journey platform.
“Not only are individuals struggling in the workforce because of the pandemic, but many government and workforce agencies are also facing challenges with budget cuts and consolidation,” said Michael Simpson, CEO and founder, PAIRIN. “We are very grateful to our investors for their continued support. These new funds will help ensure that we can bring the most efficient and intuitive technology to workforce and government agencies across the country…
Paycor, a provider of SaaS Payroll and Human Capital Management (HCM) software, today announced that it has received commitments for $270 million in new investment co-led by Neuberger Berman, on behalf of several other investors.
Paycor is partner to more than 40,000 medium and small-sized businesses. Known for delivering modern, intuitive recruiting, HR and payroll solutions, Paycor partners with businesses to optimize the management of their most valuable asset — their people.
Jason Wright, Partner at Apax Partners, said, “Cloud HCM / Payroll is a large, growing market with evolving customer needs. Paycor’s next-generation, integrated suite of solutions is at the forefront of this evolution. In the last three years, Paycor has undergone a substantial transformation, investing in its product, go-to-market strategy, and management team, while continuing to scale the business.
EVENT ALERT
Job board owners and entrepreneurs will gather March 2nd in the first ever “Job Board Con” virtual event.
Hosted bymyself, the half day event will feature 6 sessions covering the job board industry and a virtual happy hour.
Anyone who is currently running an online job site or thinking about starting one is who the event was created for. Topics will include job board software, content creation hacks, sales strategies and more.
Ticket prices are $59 and you can register by going to JobBoardCon.com.
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