New Video-Based Talent Solution Helps Improve ROI on $200B of Annual Hiring Spend
HOUSTON, Feb. 18, 2021 (GLOBE NEWSWIRE) -- Recruiter.com Group, Inc. (OTCQB: RCRT), an AI-enabled and Video hiring platform with the world's largest network of on-demand recruiters, today announced the launch of its new-to-market product, Scouted by Recruiter.com, a highly specialized candidate curation tool that leverages the power of AI and talent experts to help hiring managers recruit top talent, faster.
To learn more about the new subscription offering, please visit: https://start.recruiter.com/scouted
“Companies spend over $4,000 for each hire they make; Recruiter.com can help both reduce this up-front cost and deliver an increased return on investment,” said Evan Sohn, CEO of Recruiter.com. “Our Scouted product reduces the time-to-hire with video and AI-enabled curation, which saves time and money for hiring managers. Our candidate pool focuses on a specific segment of very high-potential, analytical candidates who significantly raise the talent density of an organization, helping to achieve a better return on human capital investment.”
Through its latest product offering, which equips hiring managers with automation, standardized video profiles, and a wealth of data, Recruiter.com provides clients with the opportunity to more rapidly and more accurately tap into highly curated talent rosters comprised of high-potential early-and-mid-career professionals. Whether you’re hiring for a Chief of Staff, senior analyst, or your first employee, Recruiter.com helps swiftly identify top talent.
Recruiter.com launched its Video platform in Q4 and its on-demand recruiting solution in Q2 of last year. The addition of Scouted by Recruiter.com expands the variety and reach of products available to recruiters and hiring teams looking to amplify their internal efforts through video screening, on-demand hiring, and AI-powered candidate curation.
Scouted by Recruiter.com provides diverse pipelines of high-quality talent on a weekly basis, saving hiring teams tens of hours in the applicant sourcing and screening stage, streamlining processes to ensure a shorter interview-to-hire timeline. The product couples the efficiency of AI-powered tech with human-forward recruiting expertise so that rosters only include applicants who meet a team’s hiring criteria.
Curated rosters are sourced from a database of hundreds of thousands of talented professionals, many of whom identify as first-generation college graduates, BIPOC (Black, Indigenous, and People of Color), and LGBTQ+. These professionals rely on a standardized virtual interview to go beyond their resumes, providing hiring teams with additional upfront data and information on the applicants.
"Companies need a precise quantity and mix of quality talent," said Jacqueline Loeb, SVP, Recruiter.com, “That is what Scouted by Recruiter.com is all about - delivering high quality, curated talent pipelines so that hiring managers can focus their efforts on the highest probability candidates without wasting time reviewing unqualified applicants.”
Recruiter.com Group, Inc.
Recruiter.com is an online hiring platform delivering on-demand recruiting technology and services to both large and small businesses. With AI and video technology, and the world's largest network of recruiters, Recruiter.com delivers on-tap recruiting that flexes with hiring needs. To learn more, visit https://www.recruiter.com.
For investor information, visit https://www.recruiter.com/investors.html.
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Company Contact:
Sarah Schultz
Director of Communications
Recruiter.com Group, Inc.
Phone: (855) 931-1500
sschultz@recruiter.com
Investor Relations:
Dave Gentry
RedChip Companies, Inc.
Phone: (407) 491-4498
dave@redchip.com
Cautionary Note Regarding Forward-Looking Statements:
This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. The words "forecasts," "forecasting," "believe," "may," "estimate," "continue," "anticipate," "intend," "should," "plan," "could," "target," "potential," "is likely," "will," "expect" and similar expressions, as they relate to us, are intended to identify forward-looking statements. We have based these forward-looking statements primarily on our current expectations and projections about future events and financial trends that we believe may affect our financial condition, results of operations, business strategy, and financial needs. Important factors that could cause actual results to differ from those in the forward-looking statements include continued demand for professional hiring, the accuracy of the Recruiter Index® survey, the impact of the COVID-19 pandemic on the job market and the economy as virus levels are again rising in many states, and the Risk Factors contained within our filings with the Securities and Exchange Commission, including our Annual Report on Form 10-K for the year ended December 31, 2019. Any forward-looking statement made by us herein speaks only as of the date on which it is made. Factors or events that could cause our actual results to differ may emerge from time to time, and it is not possible for us to predict all of them. We undertake no obligation to update any forward-looking statements publicly, whether as a result of new information, future developments, or otherwise, except as may be required by law.