Jun 19, 2020
Im chris russell here are the headlines this week in recruiting technology
First up, just want to tell you about two upcoming virtual events here at RecTech media, first on July 1st at 2pm we will talk to the founders of Jobwriter an unique to that helps you write job descriptions. It looks to be a better cheaper version of Textio, I have already it and really like what i saw. Register for that event at rectechlive.com
Then on July 8th at 4pm ET we will do our monthly virtual meetup for the recruiting technology space, so come network, learn about startups making headlines and more. ...to register head over to rectechmedia.com and look for the link on the home page..
On to the news.
Steady, a platform solely focused on advising and advocating for freelancers seeking stable income in the US, announced it has raised an additional $15 million in Series B funding led by Recruit Strategic Partners, a venture capital arm of Recruit Holdings Co., (yes the same company that owns Indeed.com)
Funds from this round will be used to fund accelerated growth to support America’s workforce and grow its U.S. based data, product and technical operations.
The COVID-19 pandemic accelerates Steady’s mission, which is to improve the increasingly challenging lives of American hourly and gig workers. Workers using the Steady platform can track their income, receive personalized income insights, receive guidance on relevant work opportunities, get paid to improve their financial health and receive access to benefits relevant to hourly and gig workers, such as Steady’s new telemedicine support.
Launched in 2018, the Steady app has been downloaded more than 2.7 million times.
and can be downloaded for free from the App Store and Google Play.
SAN FRANCISCO, June 16, 2020 /PRNewswire/ — Brightside, the leading financial care platform for employers, today announced that it raised $35.1 million in Series A funding, led by Andreessen Horowitz (a16z) with participation from existing investors Comcast Ventures and Trinity Ventures, the a16z Cultural Leadership Fund, and others. This funding will be used to bring Brightside to more employers and families at a time when they need it most, and improve its financial health offering.
Employee financial stress costs employers nearly $4,000 per employee per year under normal circumstances, according to recent estimates.1,2 Millions of working Americans facing the loss or reduction of income in at least one family member will exacerbate this impact. Financial stress reduces productivity and retention, drives up healthcare costs, and poses a major challenge to any employer with diversity and inclusion goals. Brightside helps employers improve the financial health of their workforce by providing a single destination for employees to address any personal finance need. Brightside combines a human-approach to financial health via dedicated Financial Assistants, available to all employee families with advanced rules engines and unique products linked to paychecks in a way that provides real solutions to employees’ financial stress. On average, Brightside puts over $1,200 back in the pockets of the families they serve.
For more information, please visit: https://www.gobrightside.com.
CareerBuilder today unveils innovative updates to its comprehensive Talent Acquisition Suite, helping businesses reach and convert qualified candidates faster. With a suite of services that impact the entire recruitment process, the updates provide clients with easier access to data and information, facilitate improved communication with candidates and provide an enhanced candidate and client experience. The streamlined end-to-end technology solution enables clients to make smarter, faster and more impactful decisions while cutting costs up to 50 percent and delivering a significant return on their investment.
“From our enhanced career sites, improved data and reporting tools, mobile app updates and new employee engagement offerings, the latest updates to our TA Suite were built with market data and client feedback in mind,” added Humair Ghauri, Chief Product & Technology Officer, CareerBuilder. “Our team continues to be a leader in the HR Tech industry, driving innovation and offering a comprehensive solution built on AI and machine learning technology. Our team thrives on seeing our products deliver more qualified candidates for our end-users, helping them covert them quickly and providing a seamless experience across our client and job seeker audiences.”
Updates being released include:
DHI Group, Inc. announced today that Dice, its leading career hub for technology professionals, has released Dice Recruiter Profile, bringing transparency to the career management process while enabling recruiters to stand out from the crowd with enriched profiles. Recruiter Profile is the first launch toward realizing Dice’s longer-term vision of a space where recruiters and technologists can connect more directly and transparently.
Dice Recruiter Profile allows employers and recruiters to create an enhanced profile and link it to their posted jobs, building trust and long-term relationships with technologists who are eager to learn more about the employers and individuals contacting them for open positions. Recruiters can showcase their areas of strength and expertise, add a profile photo and highlight their tech focus by promoting their latest news, future hiring needs, and upcoming events.
Dice Recruiter Profile will provide recruiters and hiring managers with:
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