Wanted.co.kr seamlessly integrates with RoundHR — Job Industry News #25
Welcome back to the Job Industry News by Jobsora! Our Newsletter is a brief summary of all the main news in the job market, written by Jobsora’s employees and published once a week on Mondays.
In this week’s edition, we explore HRTech integrations, recent investments, the latest updates on UK job ads and vacancies, and the growing return-to-office trend. Happy reading!
Wanted.co.kr seamlessly integrates with the HRTech service RoundHR into its recruitment marketplace, enabling job posting and applicant status synchronization. This integration comes two years after WantedLab, the parent company of Wanted.co.kr, made an undisclosed investment in WhatTime, the operator of RoundHR.
HRTech Anymaster secures €350K to enter Greece’s service marketplace. Anymaster, a Cypriot service marketplace connecting clients with trusted local professionals, has announced its launch in Athens following a successful €350K funding round. Backed by prominent investors, including Lamda Development and Oxean, the startup is set to make its mark on Greece’s service industry with its innovative platform. Diana Verkhoturova, Founder of Anymaster, expressed her enthusiasm for the expansion: “We are thrilled to bring Anymaster to Athens and expand our footprint in the Greek market. Our platform will deliver significant benefits for both clients and service professionals. With our exceptional team, top-tier investors, and strong local partnerships, we are ready to redefine Greece’s service industry.”
London-based Vente AI secures £500K in pre-seed funding to transform recruitment. London-based startup Vente AI has raised £500K in pre-seed funding just six months after its launch. The round was led by Antler, Europe’s most active early-stage VC, with additional support from prominent recruitment and rectech investors, including Thomas Vose, founder of HireAra, recently acquired by the Access Group. Vente AI leverages artificial intelligence to tackle recruitment’s most time-consuming and expensive challenges, including lead identification, analysis, and prioritisation. “Recruitment agencies dedicate nearly 40% of their time to business development. Our platform reduces this effort by 90%, empowering recruiters to focus on building relationships and placing candidates,” said Cameron Briggs, CEO and co-founder of Vente AI.
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AI-powered recruitment platform Vinter secures €1.4M seed funding. Vinter, an AI-driven recruitment platform designed to create a streamlined and transparent connection between candidates and recruitment specialists, has raised €1.4 million in seed funding from Dutch investment firm ALCORA B.V. By leveraging advanced AI technologies, Vinter enables businesses to achieve recruitment processes that are nine times faster and 80% more cost-effective. “With Vinter, we deliver a more streamlined and transparent process between candidates and recruitment teams,” said Erdem Can, co-founder of Vinter. “Our platform offers a flexible infrastructure for recruiters to design their own workflows, empowering data-driven decision-making at every stage of the recruitment process.”
Wales-based Hoop Recruitment transitions to employee ownership. Hoop Recruitment, a recruitment firm based in Cardiff and Swansea, has transitioned to employee ownership, according to Insider Media. Employing around 40 staff members, Hoop Recruitment specializes in hiring for sectors including nursing, social care, social work, education, HR, and professional services. Founded in 2016, the firm provides recruitment solutions across all levels in Wales and the Southwest. Co-founder Paul Lewis reflected on the journey: “My co-founder, Hywel Roberts, and I launched Hoop with a clear mission to create a recruitment agency that genuinely puts people first, challenging the industry’s often difficult reputation. Over the years, we’ve grown steadily, and this year, we achieved a significant milestone by transitioning to an Employee Ownership Trust (EOT). This move gives our team a tangible stake in Hoop’s future and aligns with our vision of building a business founded on trust, collaboration, and long-term thinking.”
Adzuna: UK job ads drop 16% in October, but salaries climb 6%. UK job vacancies fell to 859,617 in October, marking a 16.2% decline compared to the same period last year, a 0.17% decrease month-on-month, but a slight 0.64% increase over the past six months, according to Adzuna’s latest research. The number of jobseekers per vacancy rose to its highest level this year, with 2.08 jobseekers competing for each role, up from 1.49 a year ago and the highest ratio since June 2021 (2.07). This comes amid a rise in the UK unemployment rate, which increased to 4.3% from 4% in May. Adzuna also noted a tougher job market, with jobs now taking an average of 39.5 days to fill, the highest time-to-fill rate since September 2022 and a significant jump from the 35.8-day average recorded in the two months prior to October. Despite the drop in vacancies, salaries increased by 6% year-on-year, reflecting shifts in the labor market dynamics.
Return-to-office mandates push workers to seek new opportunities. Two-thirds of recruiters globally report an uptick in job seekers coming from companies enforcing five-day in-office mandates, according to a November survey of 500 in-house and agency recruiters conducted by flexible workspace provider International Workspace Group (IWG), as reported by The Guardian. The survey also revealed that hybrid working options are increasingly critical for attracting talent. Three-quarters of recruiters observed candidates rejecting roles that lacked hybrid flexibility, while 72% noted that companies not offering hybrid arrangements are becoming less competitive in the job market.?
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Founder @ Vente AI | Spec CV Automation
3 个月Thanks for the shoutout Jobsora! ??