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November RecTech Insider

It's November 1st which means it's time for another edition of the RecTech Insider. Here's a look at what made news in the past month.

NEW LAUNCHES

WhoIsHiring is a clever site that aggregates startup jobs around the world. The unique angle — a map that shows you exactly how many jobs are in a particular area. Full article.

SHRM Launches Diversity Jobs Sites for veterans, diversity and disability.  Three new specialty websites have launched within its online career center focused on creating an inclusive workforce launched with the help of Direct Employers. Full Article.

Glassdoor Releases "Know Your Worth" Beta salary tool. Do you know what you're worth in today's job market? Know Your Worth calculates your estimated value in today’s job market with the entry of a few personal characteristics - current job title, employer, current salary, location and years of relevant experience.  See it here.

GigBigWig: (startup) individuals will get the opportunity to become verified in the industry in which they plan to work. Companies will pay a fee for referrals, and job-seekers, after being screened, will be able to create a public profile to increase their digital visibility. Full article.

LocalX (startup): The majority of applicants on LaborX do not have college degrees, but are skilled in IT. LaborX features video resumes of these candidates. Based in Massachusetts. Full article.

Stack Overflow, the community site best known for providing answers for all of your random coding questions, also has a thriving jobs board and provides services to employers looking to hire developers. Today, the team is expanding the jobs side of its business with the launch of Developer Story, a new kind of resume that aims to free developers from the shackles of the traditional resume. Full article.

Facebook at Work is now Workplace, launches for all companies starting at $3 per user each month. Its the new intranet for employers. Full article.

LinkedIn debuts Open Candidate to help recruiters understand which candidates are ready to make a move. Full article.

Top HR Products of 2016 Announced at 19th Annual HR Technology Conference & Exposition - Human Resource Executive Announces Winners of Top HR Products of 2016 Awards: Human Resource Executive® magazine, the premier publication focused on strategic issues in HR, recently announced the 10 winners of its Top HR Products of 2016 Awards, an annual award competition to uncover the best new HR products.  Read more here.

Gig is Another Tool for Free Lancers to Find a Job and Get Paid Quickly. The startup wants to Make It Easier for Millennials to Pick up Casual Work in Catering and Hospitality: Have we reached peak gig economy yet? Probably not, but when a startup calling itself Gig launches, we are definitely making headway. The London-based company offers a platform targeting millennials who want to pick up shift work in the hospitality and retail sectors. As well as enabling you to find and book work through the app, Gig’s headline feature is that once a shift is completed, workers automatically get paid within 24 hours. Read more here.

ACQUISITIONS

RecruitMilitary a job board and job fair provider has been acquired by staffing firm. Press Release.

Jobhuk, a recruitment marketplace based in NY has been acquired by Compunnel Software Group. Press release.

NEW FUNDING

Industry a hospitality based job board raises 2 million in new funding. Full article.

HigherMe a new hiring startup, is announcing that it has raised $1.5 million in seed funding. It’s also brought on some big names as customers, including Dunkin Donuts, Panera Bread — and most recently, fast food chain White Castle. Co-founder and CEO Rob Hunter (a past owner of multiple Marble Slab Creamery locations) has said that when employers hire hourly workers, location, availability and personality are often more important than past experience — but those things aren’t really reflected in a traditional résumé. Full article.

AnyPerk, a startup that helps companies like Salesforce and Virgin America offer their employees discounts on things like movie tickets or fitness classes, has received $11.5 million of new investment capital. Full article.

Restless Bandit, a new company from Goodman and his co-founders, is looking to give companies a way to easily find the best candidates that have already applied, rather than companies having to sift through those existing resumé piles with keywords and the like. Taking a similar approach to how LinkedIn scoured the Internet (and LinkedIn, of course) for new candidates, Restless Bandit finds the highest-potential candidates for roles with statistical modeling. The company said it has raised $8 million in a financing round from GGV Capital and Toba Capital, and it previously raised $2 million in a seed funding round. Full article.

Source{d}, a Spanish startup using AI to match developers to jobs, raises $6M. Full article.

Atipica raises 2 million to take the bias out of hiring. Article on USA Today.



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