Crosschq launched Crosschq Recruit, a recruiting platform built to help companies source talent directly from the professional networks of job applicants. The product allows emplooyers to build talent pools of candidates from individuals who served as a Crosschq 360 reference. Users are invited to opt-in to be considered for new job opportunities across the Crosschq customer base.
Randstad USA partnered with earned wage access company Instant Financial to provide workers with real-time, on-demand access to same-day wages. The company said its PayMyWay service will help increase the number of job applicants and reduce absenteeism while staying in compliance across all 50 states.
Radancy said it will acquire Firstbird, a SaaS-based provider of employee referral programs. Based in Austria, Firstbird offers a software solution to digitize and streamline the employee referral process. The acquisition is expected to close during 2022’s first quarter. The acquisition will combine Firstbird’s referral technology with Radancy’s unified talent acquisition platform.
Fountain acquired Koan, an OKR (objectives and key results) solutions provider. The acquisition builds on Fountain’s current hiring solutions and will enable continued growth and innovation, the company said.
Recruitment automation platform Kula announced $2.7 million in funding from Venture Highway, Together Fund and Global Founders Capital. The company automates candidate outreach and engagement, and provides automated nudges through multiple channels and touchpoints once job seekers have been contacted.
Some 88% of employees would stay at a job longer if there were career development opportunities, according to a survey by Lighthouse Research and Advisory. The survey also found that high performing companies are 30% more likely to emphasize the importance of talent mobility so that everyone takes an active role in career development responsibilities. SHL sponsored the report.
Jabord, a recruiting and branding platform, launched a new company page product that uses digital content to engage and inform prospective candidates as they conduct research on a prospective employer. The product consolidates a firm’s digital library of content across all channels including Facebook, YouTube, LinkedIn and the corporate website to deliver a single access point for all content, job opportunities and social feeds.
The executive search firm MeeDerby selected HiringSolved to help support its diversity hiring initiatives. HiringSolved helps the firm search for qualified candidates and build diverse candidate pipelines.
Mark Feffer is executive editor of RecruitingDaily and the HCM Technology Report. He’s written for TechTarget, HR Magazine, SHRM, Dice Insights, TLNT.com and TalentCulture, as well as Dow Jones, Bloomberg and Staffing Industry Analysts. He likes schnauzers, sailing and Kentucky-distilled beverages.
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