Internet : WORK4
MULTIPOSTING, foundedin France in 2008,is now a European leader in e-recruitment services. In 2010, the founders of MULTIPOSTING developed an app, called Work For Us, that would help employers find talent on Facebook. They therefore proceeded to create, in the same year a second company, WORK4 Labs, this time in San Francisco in order to be near Facebook and to develop it in the mature US market for social recruiting. It is believed that 75% of companies now use social networking sites to recruit job candidates.
WORK4 Labs now called WORK4 has kept software engineers and research in Paris though 90% of the workforce is based in San Francisco. The CEO and co-founder of WORK4, Stéphane Le Viet, says that the company is really now a global one. It has had immediate success to become a world leader in Facebook recruitment solutions with 10 000 companies worldwide using its apps, hundreds of thousands of jobs posted, a year only after it was launched. Its clients include Intel, Citibank, Disney, Accenture, GAP, L’Oréal, KPMG, TOTAL, Adecco, Manpower, Roche etc.
Stéphane Le Viet, who studied Electrical Engineering in Paris at the prestigious Ecole Polytechnique and Applied Mathematics at Harvard University, says that the choice of Facebook is hardly surprising as it accounts for 83% of the time spent on social networks.
WORK4 allows companies of all sizes throughout the world to post their jobs directly on their Facebook page and provides a dedicated referrals system and advertisements. Some companies pay their employees a referral bonus to incite the latter to select and sometimes recruit suitable candidates from their social networks.
WORK4 raised $7million in 2014 from venture capital funds Serena Capital from France and Matrix Partners from the US. With this funding it hopes to expand further into markets outside the US and realize its ambition to become, within the next few years, the world leader in e-recruitment.
Sources: usinenouvelle.com, ieeexplore.ieee.org, remixjobs.com
Video source: http://www.youtube.com/watch?v=VbHdiRNJiSI
Online publishing, November 10th, 2014