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Rec Tech: the Recruiting Technology Podcast

Bringing you technology inspired conversations with practitioners and vendors in the recruiting technology arena.

Oct 23, 2020

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Recruiting Technology headlines

Acorns, the top saving and investing app helping more than 8.2 million Americans save and invest for the future, announced the launch of Acorns Job Finder. Acorns is connecting customers with new career opportunities, helping them earn more money, so that they can save and invest more, all from one app.

Within a few taps, Acorns customers at every tier can find millions of full-time, part-time, and remote job opportunities, set job alerts, and explore custom career development content to support their financial wellness at no additional cost. By introducing Job Finder to its financial wellness system, Acorns is looking after the financial best interests of the up-and-coming and removing a main barrier to its customers achieving their money goals.

Job Finder’s listings are powered by ZipRecruiter, the leading online employment marketplace, that connects 2.3 million businesses with job seekers. On average, ZipRecruiter features over 9 million active job postings. All of these opportunities will be accessible through Acorns Job Finder, from seasonal opportunities and side gigs to full-time employment.

Handshake, the number one site for early talent to find a job and get hired, announced an $80 million financing round led by GGV Capital with participation from EQT Ventures, Kleiner Perkins, Lightspeed Venture Partners, Spark Capital and True Ventures, along with other investors. The infusion of capital will enable Handshake to serve an expanded universe of students across geographies and educational institutions, as well as building more solutions that revolutionize how employers attract and hire early talent to build a truly diverse and inclusive workforce.

“Since its founding, Handshake has been laser focused on delivering on its vision to democratize job opportunity by connecting employers with job seeking students at institutions of higher education, and has built a network of 17 million job seekers, 1,000 institutions of higher learning and nearly 500,000 employers,” said Jeff Richards, Managing Partner of GGV. “We’re delighted to join forces with the Handshake team to help the company further expand its impact by delivering innovative, industry-leading recruitment solutions and expanding into new markets.”

In addition to expanding its offerings in the United States, Handshake also announced that it has launched operations in the United Kingdom where it is working in partnership with higher education institutions such as the University of Cambridge, University of York and University of Liverpool.

EveryoneSocial, the leading SaaS company in the rapidly growing category of employee advocacy, today announced the closing of a $7.6 million Series A round of financing.

The financing was led by Next Frontier Capital with additional participation from Crane Group and Epic Ventures.

EveryoneSocial will be using this new funding to expand its team, further support its rapidly growing base of global clients, ship new product features and enhancements, and advance its lead within the employee advocacy category.

With remote work as the new norm for tens of millions of professionals, keeping employees informed, engaged, and productive is a top challenge for all organizations and the reason why many of the world’s highest-performing companies rely on EveryoneSocial as a critical piece of their marketing, sales, comms, and HR tech stacks.

“EveryoneSocial is the far and away leader in the employee advocacy space. The product is visionary and we couldn’t be more excited about the team and the tremendous value their product will continue to bring to global enterprises,” said Les Craig, Partner at Next Frontier Capital.

Fountain, the enterprise high-volume hiring platform, today announced a new suite of features that attract and engage more applicants to make remote recruiting and hiring more effective. The COVID-19 pandemic has accelerated the digital transformation of talent acquisition and Fountain is at the forefront.

They have launched a new set of features including live and on-demand video interviews, a universal talent view, recruiting chatbot, branded career sites, advanced resume parsing and geolocation.

Fountain’s new Universal Applicant View feature gives CHROs and talent acquisition teams a holistic view of all applicants across all job openings at a glance. Additionally, Fountain’s new advanced resume parsing and geolocation enhancements dramatically reduce time to hire and time to fill by saving recruiters countless hours of reviewing and comparing applications or managing applicants who applied to jobs not in their area.

Another new feature, Career Sites, puts the candidate experience at the center of its architecture by helping companies enhance their application process through rich visuals and content that are an extension of their employer brand. It provides a seamless application experience for the candidate, and automatically posts new jobs as they are added within the Fountain core platform.

To complement their career sites feature, Fountain has also added a recruiting chatbot that sits on a company’s career site or job directory, engaging online visitors and converting them to interested candidates.

Salesforce, the global leader in CRM, today announced a significant expansion of to help companies get back to growth and thrive in the new normal. New products include an employee workspace and helpdesk to boost productivity, and communication apps that inform customers and employees about new policies and procedures to foster safer in-person experiences.

New technology to increase engagement and productivity:

  • Employee Workspace is a central digital hub for employees to access any of the tools and resources they need to work from anywhere, including productivity apps like Google Workspace, learning platforms like myTrailhead, payroll systems, and more. The workspace also provides personalized communications, embedded collaboration apps, and notifications to ensure employees can stay productive from anywhere.
  • Employee Helpdesk allows employees to ask questions and get help quickly from wherever they are, whether they need IT support or have questions about HR policies and benefits. Einstein AI-powered chatbots provide employees access to knowledge articles and escalation paths, across any department.

They also launched New communication apps for customers and employees:

  • Queue Management helps brick-and-mortar businesses minimize physical lines by creating virtual queues to protect customers and manage onsite capacity. Customers can easily reserve their place in line from anywhere through the app and get updated on queue status via SMS to avoid waiting outside for lengthy periods of time.
  • Broadcast Messaging allows businesses to proactively communicate updated hours of operation, changing appointment times, and health and safety reminders to customers and employees through their preferred channels such as text, WhatsApp, or Facebook Messenger. 
  • Digital Trust Cards allow local store employees to quickly update websites and apps with safety protocols specific to that location, like social distancing guidelines and cleaning policies,...