WorkJam, Deel, Instawork in the News

WorkJam, the Digital Workplace for organizations with frontline employees, announced $35 million in growth financing from Silver Lake Waterman. The investment is intended to support the company’s continued growth and strengthen WorkJam’s position across the over 2 billion frontline worker market — a market that has been underserved and underpenetrated with collaborative tools to orchestrate the workforce.

WorkJam’s Frontline Digital Workplace enables operational efficiencies, fosters collaboration, and drives engagement and higher retention by equipping frontline workers and headquarters staff with a state-of-the-art solution to manage scheduling, training, task workflows, and real-time communications — all through a single platform. 

https://hrtechfeed.com/workjam-announces-35-million-in-financing-for-frontline-worker-platform/

Instawork, the digital marketplace that connects  local businesses with skilled hourly professionals across the U.S., has acquired Drafted, a network recruiting platform that helps businesses hire by leveraging referrals. 

Drafted’s solution will enable Instawork to accelerate the growth of the company’s pool of Pros with skilled hourly professionals. As a result of the acquisition and integration, Pros can easily share Instawork job opportunities with their network, further supporting the companies’ shared mission to put Americans back to work and help businesses successfully reopen. Terms of the deal were not disclosed.

https://hrtechfeed.com/instawork-acquires-referral-platform/

Deel, the market leader in the global payroll and compliance space, announced today that it had joined forces with Zeitgold to fuel international growth and enhance the depth and breadth of its product offerings. 

This acquisition marks a significant milestone for Deel as the company continues to scale, adding thousands of customers as working and hiring practices continue to transform rapidly. Deel is adding a full line of products through this acquisition to improve their customer experience further and provide them with the right solutions to scale internationally.

https://hrtechfeed.com/deel-acquires-zeitgold-to-strengthen-payroll-ai-offerings/

Talent acquisition software platform GR8 People announced a new partnership with PandoLogic, the leader in programmatic job advertising, to connect employers more efficiently to job seekers through programmatic sourcing.

• Centralize job advertising spend into a single performance-based tool that optimizes and automates real-time bidding and budget allocations
• Expand reach to talent through an ad exchange of 1000’s of leading job sites, search engines and social networks
• Engage with the right candidates through precision targeting
• Source applicants effortlessly by eliminating manual tasks and inefficiencies with powerful automation

https://hrtechfeed.com/gr8-people-partners-with-pandologic/

Talroo announces the release of Target CPA (Cost per Application), an enhancement to its Talroo Pro pay-for-performance job advertising solution. Target CPA uses job seeker conversion data to bid real-time so that recruitment marketing advertisers reach the right audiences at the right places, at the right time, and at the right price. 

https://hrtechfeed.com/whats-new-in-hr-tech-model-match-talroo/

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