Hire | Jotup

Equifax to Acquire Efficient Hire

Retrieved on:

Tuesday, February 1, 2022

ATLANTA, Jan. 31, 2022 /PRNewswire/ -- Equifax (NYSE: EFX) announced today that it has signed a definitive agreement to acquire Efficient Hire, a provider of cloud recruiting, onboarding and HR management solutions.

Key Points:

ATLANTA, Jan. 31, 2022 /PRNewswire/ -- Equifax (NYSE: EFX) announced today that it has signed a definitive agreement to acquire Efficient Hire, a provider of cloud recruiting, onboarding and HR management solutions.
"The Efficient Hire acquisition demonstrates our commitment to reinvesting our 2021 outperformance in bolt-on acquisitions that further position Equifax for diversified growth," said Mark W. Begor, CEO of Equifax.
"Efficient Hire will enhance our robust suite of employer services , and bolster our largest and fastest-growing business: Workforce Solutions.
"Over the past 13 years, Efficient Hire has helped hourly employers hire more than 6.6 million new employees, and provided the tools to help them create a consistent and more efficient hiring process," said David Kenney, Founder and CEO of Efficient Hire.

Globalization Partners, the Leading Global Employment Platform, Raises $200 Million to Fund Continued Growth

Retrieved on:

Monday, January 24, 2022

The Company's growth in the industry is fueled by an active customer base including CoinDesk, TaylorMade and Chime and an unrivaled partnership network that includes ADP TotalSource, Kruze Consulting, Global Chamber, London & Partners and others.

Key Points:

The Company's growth in the industry is fueled by an active customer base including CoinDesk, TaylorMade and Chime and an unrivaled partnership network that includes ADP TotalSource, Kruze Consulting, Global Chamber, London & Partners and others.
Globalization Partners' new customer acquisition increased 2.5 times from 2020 to 2021, including growing by 44 percent from Q3 to Q4.
"Globalization Partners is uniquely positioned to capitalize on the massive opportunity we see ahead of us," said Nicole Sahin, Chief Executive Officer and Founder of Globalization Partners.
Use our AI-driven, automated, global employment platform supported by our in-house, worldwide HR experts.

Globalization Partners, the Leading Global Employment Platform, Raises $200 Million to Fund Continued Growth

Retrieved on:

Monday, January 24, 2022

BOSTON, Jan. 24, 2022 /PRNewswire/ -- Globalization Partners, ("G-P" or "the Company") the leading global employment platform that simplifies remote team building by making it fast and easy for companies to hire anyone, anywhere, within minutes, today announced that it has received a $200 million investment from Vista Credit Partners ("VCP"), a subsidiary of Vista Equity Partners ("Vista") and strategic credit and financing partner focused on the enterprise software, data and technology markets. The investment values Globalization Partners at $4.2 billion.

Key Points:

The Company's growth in the industry is fueled by an active customer base including CoinDesk, TaylorMade and Chime and an unrivaled partnership network that includes ADP TotalSource, Kruze Consulting, Global Chamber, London & Partners and others.
Globalization Partners' new customer acquisition increased 2.5 times from 2020 to 2021, including growing by 44 percent from Q3 to Q4.
"Globalization Partners is uniquely positioned to capitalize on the massive opportunity we see ahead of us," said Nicole Sahin, Chief Executive Officer and Founder of Globalization Partners.
Use our AI-driven, automated, global employment platform supported by our in-house, worldwide HR experts.

New Study by Line of Credit Depot Reveals the Number 1 Reason Small Businesses are Applying for Debt Financing

Retrieved on:

Monday, January 10, 2022

Small business, Workforce, Hire, Data, Bank

NEW YORK, Jan. 10, 2022 /PRNewswire/ --An independent survey compiled by fintech company Iron Capital Equities confirms; 'Need to Hire Staff' as the number one reason Small Business Owners are applying for debt financing.

Key Points:

NEW YORK, Jan. 10, 2022 /PRNewswire/ --An independent survey compiled by fintech company Iron Capital Equities confirms; 'Need to Hire Staff' as the number one reason Small Business Owners are applying for debt financing.
The data was aggregated from LineofCreditDepot.com's ( https://www.lineofcreditdepot.com ) standard small business application from November 2021 - December 2021.
When asked in a multiple choice, ''Specific Use of Funds,' small business owners chose a required response from a list of: Equipment Purchase, Refinancing Debt, General Working Capital, Need to Hire Staff.
Applicants believe that the reason why their business needs money is because of the lack of staff."

The Great Legal Talent Margin Squeeze

Retrieved on:

Wednesday, January 5, 2022

This shift is in response to Hire an Esquire's customers' continuing need for access to high quality, diverse talent while legal budgets remain flat and lawyer and paraprofessional compensation skyrockets.

Key Points:

This shift is in response to Hire an Esquire's customers' continuing need for access to high quality, diverse talent while legal budgets remain flat and lawyer and paraprofessional compensation skyrockets.
"Prior to the great resignation large law firms had leaned into contingent talent with 70% using contract attorneys, but many had remained loyal to their traditional staffing agencies.
The company helped the legal industry manage challenges long before "The Great Resignation".
Clients include solo to AMLaw 50 firms, startup to Fortune 500 legal departments, and regional to international legal service companies.

Searchlight Raises $17M Series A Round, Launches Talent Intelligence Platform to Help Companies Improve Quality of Hire With Behavioral Data and Prescriptive Analytics

Retrieved on:

Monday, December 20, 2021

The company also announced the launch of its talent intelligence platform designed to align hiring teams to assess and retain great hires -- finally giving companies the ability to measure and improve quality of hire. Searchlight connects candidates' reference and self-assessment data to post-hire outcomes, creating a powerful hiring and retention engine that provides prescriptive insights. Using the platform, organizations can confidently hire faster, mitigate bias and retain a stronger workforce. Customers who have used the platform in beta to hire 1000s of candidates over the past year saw a 45% improvement in retention and 40% faster time-to-fill.

Key Points:

Searchlight connects candidates' reference and self-assessment data to post-hire outcomes, creating a powerful hiring and retention engine that provides prescriptive insights.
Searchlight's platform connects behavioral data to employee outcomes so organizations have a holistic solution to measure and improve quality of hire.
Searchlight's prescriptive analytics recommends better practices and target candidate profiles to improve recruiting efficiency and quality of hire.
Searchlight is a talent intelligence platform that gives companies the ability to measure and improve quality of hire.

Fountain Launches 'Instant Hire' and 'Instant Interview' to Solve Hourly Labor Challenges

Retrieved on:

Thursday, December 16, 2021

Well, Organization, Solution, Element, Strike, Time-saving bias, Ecosystem, Iron, Interview, SAN, Hire, CEO, Goal, Workflow, ATS, Employment, Taxicab, Employment agency, Public relations, Fountain

Fountain's new solutions enable companies to create a fast and dynamic application journey, which removes barriers to hiring for hourly employees.

Key Points:

Fountain's new solutions enable companies to create a fast and dynamic application journey, which removes barriers to hiring for hourly employees.
A fully automated hiring process, from application to interview to offer, helps large organizations achieve their hiring goals.
Instant Hire helps large organizations do this by allowing hiring managers to quickly and easily configure their own, customized fully automated applicant workflows.
These ideal candidates can even complete their onboarding process with Fountain, and move to scheduling their first day of employment.

Globalization Partners' CEO and Founder Reveals Blueprint for Building Global Teams in New WSJ Bestseller Book

Retrieved on:

Wednesday, December 15, 2021

The book provides a blueprint to avoid missteps, explains to readers what to expect, and follows a proven path to take a company from local to global practically overnight.

Key Points:

The book provides a blueprint to avoid missteps, explains to readers what to expect, and follows a proven path to take a company from local to global practically overnight.
In her book, Sahin shares success stories about companies that have built global remote teams.
Globalization Partners: Succeed Faster
Nicole M. Sahin is CEO and Founder of Globalization Partners and is recognized by Goldman Sachs as one of the100 Most Intriguing Entrepreneurs of 2021.
Her new book is Global Talent Unleashed: An Executive's Guide to Conquering the World (ACompass Printing, Nov. 11, 2021).

Globalization Partners' CEO and Founder Reveals Blueprint for Building Global Teams in New WSJ Bestseller Book

Retrieved on:

Wednesday, December 15, 2021

BOSTON, Dec. 15, 2021 /PRNewswire/ -- Globalization Partners, which simplifies global remote team building by making it fast and easy for companies to hire anyone, anywhere, within minutes, via its global employment platform, today announced that its visionary CEO and Founder Nicole Sahin's newly released first book, Global Talent Unleashed: An Executive's Guide to Conquering the World, has made the WSJ Bestseller Book List. Currently available on Amazon and Barnes and Noble, the book will also be available in paperback from ACompass Printing Press in February.

Key Points:

The book provides a blueprint to avoid missteps, explains to readers what to expect, and follows a proven path to take a company from local to global practically overnight.
In her book, Sahin shares success stories about companies that have built global remote teams.
Globalization Partners: Succeed Faster
Nicole M. Sahin is CEO and Founder of Globalization Partners and is recognized by Goldman Sachs as one of the100 Most Intriguing Entrepreneurs of 2021.
Her new book is Global Talent Unleashed: An Executive's Guide to Conquering the World (ACompass Printing, Nov. 11, 2021).

Modern Hire Releases New Enhancements to Automated Interview Scoring Solution, Reducing Bias and Improving Hiring Outcomes

Retrieved on:

Tuesday, December 14, 2021

Among the most pressing hiring challenges facing enterprises today is selecting candidates quickly and ethically, while ensuring an interview experience that is engaging and confidence building for hiring teams and candidates alike.

Key Points:

Among the most pressing hiring challenges facing enterprises today is selecting candidates quickly and ethically, while ensuring an interview experience that is engaging and confidence building for hiring teams and candidates alike.
With the company's latest release of AIS, clients receive Modern Hire's proprietary Question Sets verified across industries and jobs, plus ranked candidate recommendations features specifically designed to mitigate bias, speed time to hire, and drive best-fit hiring outcomes.
"Modern Hire is the industry leader in enterprise hiring, and the evolution of Automated Interview Scoring is further evidence of this," said Karin Borchert, CEO of Modern Hire.
Modern Hire hosted a Webinar on December 1 focused on how AI can automate enterprise hiring processes ethically using Modern Hire's verified Question Sets and ranked recommendations.