Australian tech startup takes on North America, acquires Job Advisor
SYDNEY (July 7, 2015) – Australian tech startup and online recruitment marketplace, The Search Party, expanded its international footprint today by launching into Canada. It has also announced the acquisition of employer review platform, JobAdvisor.
“We’ve seen huge growth in Australia and in the UK with the uptake of employers and recruiters embracing smarter ways of hiring,” Ben Hutt, CEO of The Search Party said.
“We’re very excited to take our Surry Hills-based startup to Canada, and see this as proof of strength in the emerging Australian tech scene to solve global problems and expand rapidly outside of Australia. We now have candidates and customers in more than 50 countries, and are well on the way to addressing a problem all businesses face – hiring great people quickly and easily.
“PWC reports that the Australian tech startup sector has the potential to contribute $109 billion to the Australian economy and 540,000 jobs by 2033. It’s crucial that our success, together with that of predecessors like Atlassian and OzForex make an impact and paves the way for others to follow in our footsteps.”
The Search Party’s marketplace of over 15 million agency-represented professional candidates is empowering businesses to hire candidates in an average of 10 days instead of the industry average of 60 days, ultimately saving employers time and money.
“Depending on the role it used to take between 30 and 60 days to fill a position,” said Margaret Semrani, Talent Manager at Brand Influence Group, who has filled three positions through The Search Party in the first six weeks as a customer. “It is quicker and saving me time. I can now concentrate on sourcing the best talent and at a smaller cost to the business. I’ve gained more time in my day which is imperative, allowing me to spend more time thinking strategically about how to grow the business and attract the best talent.”
The Search Party’s acquisition of JobAdvisor demonstrates a commitment to transparency in hiring. Job Advisor gives employers a way to communicate what it’s really like to work in their company, strengthening employer branding to make it easier to attract better candidates. The acquisition also further strengthens TSP’s offering for job seekers, by enabling them to make more informed decisions about prospective jobs. JobAdvisor is an employer review site (like Tripadvisor but for businesses), which currently represents more than 15,000 companies in Australia.
“Our mission is to make recruitment easier, faster, and more reliable for all those involved. Based on our research, 60% of hires fail to live up to expectations and that’s unacceptable. We are addressing this problem through our unique blend of data science and agency expertise in our online recruitment marketplace,” Hutt explained. “Our acquisition of JobAdvisor further supports that mission. It means employers can make themselves more attractive to prospective candidates, helps recruiters ensure candidates are placed into businesses that have the right cultural fit and gives candidates more insight into businesses where they may work.”
About Search Party
The Search Party is an online recruitment marketplace that helps businesses find talent faster, easier, and at a lower cost. With an online pool of over 15 million agency-represented and validated candidate profiles, The Search Party has reduced the time to hire from an average of 60 days to 10 days. Current clients include Epson, Genworth, ING and Staples. The company was founded in Sydney with offices in London and Toronto. For more information, visit thesearchparty.com.