Apr 5, 2019
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.
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
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.”
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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.