Big Moves Among Recruiting Vendors
Microsoft's acquisition of LinkedIn may have dominated news coverage of the recruiting industry, but there have been plenty of other deals and announcements, too.
By Andrew R. McIlvaine
Two big players in the hourly worker market are joining forces: Arlington, Va.-based Snagajob, one of the largest jobs marketplaces for hourly employees, is acquiring PeopleMatter, a Charleston, S.C.-based firm that provides applicant tracking and employee onboarding tools to clients in the service industry. The combined companies plan to offer a platform that addresses every aspect of the talent lifecycle for the hourly market, including sourcing, screening, onboarding, scheduling and performance management.
"We're incredibly excited to welcome the PeopleMatter team to Snagajob," says Snagajob CEO Peter Harrison. "As employers struggle with a challenging hiring environment, the joining of our companies couldn't be better timed."
Earlier this year, Snagajob secured $100 million in funding and announced a new strategic partnership with LinkedIn.
New York-based Symphony Technology Group has unveiled Symphony Talent, which will bring together the recruiting vendors it's acquired recently, including Findly, Hodes and QUESocial. Symphony Talent will provide services in the areas of sourcing, engaging, hiring and retaining talent and will assist clients in areas such as employer branding, creative development and media planning.
"Symphony Talent is here to offer the best-of-the-best tools under one roof so employers benefit in ways they've never experienced before," says Symphony Talent President and CEO Roopesh Nair. "Talent is the core of our business and we're committed to staying ahead of trends and challenging the status quo."
Glassdoor and Indeed offer candidates an inside look at companies via employee ratings and reviews; now, they'll be joined by kununu, an overseas firm that's entering the United States market. Boston-based kununu U.S. is a joint ventur with Monster Worldwide and currently offers 200,000 U.S. active reviews coming out of beta (although that's a tiny fraction of the 8 million-plus reviews on Glassdoor).
In conjunction with its announcement, kununu released the findings of its U.S. Workplace Transparency Survey, based on feedback from more than 1,000 employed Americans over the age of 18. Among its findings: Nearly one in four (23 percent) say they've been "intentionally misled" during a job interview. Ironically enough, 25 percent also say they would be tempted to misrepresent themselves while on a job interview.