Welcome to Recruiter Roundup, where we take a monthly look at the most exciting recruiting and HR industry news.
What's New at Recruiter.com
- Recruiter.com acquired OneWire, a leading SaaS-based recruiting and sourcing platform that hosts one of the largest communities of professionals in the financial services industry. The acquisition includes the OneWire SaaS platform as well as the candidate-matching service Matchbook.
- We also announced a new partnership with WeWork. Recruiter.com is bringing on-demand hiring services to the WeWork startup ecosystem through the Recruiter.com Flex membership, which offers curated high-quality talent to growth-stage startups at less than $500 a month and no minimum commitment. Recruiter.com's customers will receive access to WeWork All Access, a subscription-based product that provides access to hundreds of WeWork locations across the world.
- The April 2021 Recruiter Index® showed in-person work outpacing remote roles 2:1. Recruiter.com CEO Evan Sohn appeared on CNBC's The Exchange for the 12th month in a row to discuss the Index's results and what they mean for recruiters and employers moving forward. Watch the video below for more details:
Recruiting Industry Investments / M&A Activity
- Jobvite, JazzHR, and NXTThing RPO combined into a single entity, although the organizations will continue operating under their respective brands. The transaction is backed by K1 Investment Management. (source)
- AI-powered recruiting platform Visage raises $7 million. (source)
- Celential.ai, an AI recruiting technology focused on sourcing software engineers, raises $9.5 million. (source)
- Heidrick & Struggles acquires high-end talent marketplace Business Talent Group. (source)
- Private investment firm Mill Rock Capital takes investment stake in direct-hire recruitment firm Execu|Search Group. (source)
- Recruitment analytics platform Crosschq raises $13 million in Series A funding. (source)
- Finnish recruiting startup Jobilla raises $2.6 million. (source)
- Compensation technology firm Salary.com raises $67 million. (source)
- RPO firm Newton Talent becomes the Talent Strategy & Acquisition practice of management and tech consulting firm Aspirant. (source)
- Interview management platform interviewIA raises $2 million in seed funding. (source)
- Early-career recruitment platform RippleMatch raises $23.5 million. (source)
- Diversity-focused recruitment platform Mathison raises $4.2 million in seed funding. (source)
- Talent marketplace Fuel50 raises $15.5 million in Series B funding. (source)
- European HR tech firm SD Worx acquires Aditro. (source)
Must-Read Reports
- Phenom's 2021 State of the Candidate Experience report finds majority of Fortune 500 companies are not using AI and automation in the hiring process. (source)
- IBM research finds half of all candidates would accept a pay cut in exchange for working for an environmentally and socially responsible company. (source)
- Staffing industry employment remained steady in April, according to the ASA Staffing Index. (source)
- Glassdoor research finds Black and African American employees feel existing workplace D&I efforts are less effective than their white counterparts do. (source)
- Universum reports that close to half of global employers expect recruitment to increase in 2021. (source)
- According to a study from Appcast and Boston Consulting Group, 89 percent of US workers are willing to retrain for new jobs — but most don't want in-person jobs. (source)
- The Beamery Talent Index finds 59 percent of American workers are thinking about quitting their jobs before the end of 2021. (source)
- Tech job postings increased by 28% in Q1 2021, according to Dice. (source)
Company News
- WeWork announces it will be going public via a special purpose acquisition company, or "SPAC." (source)
- TalentQL, a recruiting and outsourcing firm focused on developers in Africa, has been accepted into the Techstars Toronto startup accelerator. (source)
- Randstad US launches technology solutions designed to help employers bring workers back to the office. (source)
- Dice launches enhanced Career Marketplace. (source)
- Mike Sarraille and George Randle, authors of The Talent War: How Special Operations and Great Organizations Win on Talent, announce the appropriately named recruiting and leadership consulting firm Talent War Group. (source)
- Stoke introduces new freelance talent search portal. (source)
- WillHire and Checkr partner for comprehensive platform integrations. (source)
- Lever announces spring features release, including Fast Resume Review and Dynamic Requisition Approver. (source)
- Beqom announces compensation automation solution beqom rapide. (source)
Are you interested in having your company featured in this recruiting industry report? Send an email to our editor, matthew@recruiter.com, with your company's news or announcements. Our regular publication, RecruiterToday, also features thought leadership from recruiting and talent acquisition professionals and accepts content contributions.