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Recruiter.com Group, Inc. (RCRT)

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3.7500+0.0700 (+1.90%)
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Previous Close3.6800
Open3.6500
BidN/A x N/A
AskN/A x N/A
Day's Range3.6500 - 3.8000
52 Week Range1.0000 - 4.2000
Volume34,054
Avg. Volume19,010
Market Cap19.243M
Beta (5Y Monthly)N/A
PE Ratio (TTM)N/A
EPS (TTM)-4.2370
Earnings DateNov 12, 2020
Forward Dividend & YieldN/A (N/A)
Ex-Dividend DateN/A
1y Target EstN/A
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  • Recruiter.com Launches Recruit Me Campaign to Progress Digital Hiring Transformation
    GlobeNewswire

    Recruiter.com Launches Recruit Me Campaign to Progress Digital Hiring Transformation

    Movement aims to spotlight human-first approach for job seekers and cost-effective opportunity for U.S. businessesHOUSTON, Feb. 25, 2021 (GLOBE NEWSWIRE) -- Recruiter.com Group, Inc. (OTCQB: RCRT), an on-demand hiring platform powered by over 28,000 recruiters and AI and video hiring technology, today announced the launch of Recruit Me, a campaign dedicated to highlighting a video-first approach to hiring. The campaign comes as the Great Rehiring of America begins following a year of record job loss-- and as traditionally, billions of unnecessary dollars are spent on hiring. Recruit Me is creating a much-needed shift in the hiring process for both employers and candidates by dramatically reducing hiring costs, improving the overall experience, and aligning candidate and company culture. The future of work is changing every day, and with that, so does the way organizations spend on recruiting. As the job market began to gain speed in December 2020, businesses were spending on average $4,000 per candidate to hire. With nearly 5.5M U.S. workers hired in December alone, this translates into almost $23B and an annualized cost of $276B for U.S. companies. In addition to added costs and with the emergence of an increasingly remote workforce, the necessity for more humanized practices across video platforms is at the core of this next evolution in hiring. Recruiter.com's Recruit Me campaign is mirroring this change by introducing a simple video-solution to job seekers and employers to provide greater access and storytelling to hiring, applying video earlier in the vetting process, and disrupting the traditional resume to give a voice to the words on paper. "Of all of the lessons that were learned last year, a lasting one is that we should lean on the need to connect virtually to rebuild the job market in a way that's better than before," said Evan Sohn, CEO of Recruiter.com. "Our mission with Recruit Me is to be the change we want to see in our new remote world. We are in the midst of an epochal technological revolution, and there's no reason why hiring should not be at that forefront given its direct, positive impact on our economy and companies' bottom lines." The Recruit Me campaign is committed to building a talent ecosystem that unlocks human potential through a candidate-first digital interaction. To recognize the importance of this paradigm shift, Recruiter.com is opening its talent pool to sponsor 100,000 Recruit Me videos for job seekers. Candidates interested in showcasing their passions and expertise and who want to show more than their resume can submit their Recruit Me video directly on the website: https://start.recruiter.com/recruit-me. The company encourages candidates of all backgrounds and skillsets to participate. Now at the precipice of the digital transformation of the hiring industry, Recruiter.com is calling on employers to lean on video as they rehire in 2021 and beyond and prioritize non-traditional indicators of candidate success. Companies who commit to the Recruit Me campaign will have access to the following incentives and benefits: Up to a 33 percent reduction in time spent assessing candidates, lowering hiring costs overallRecruiter.com's pool of video resume candidates and option to add additional videos to their talent pool by sponsoring supplementary video resumes at a feeStreamlined candidate search; identifying a culture add more quickly in the hiring process and making it a greater priorityAbility to go past AI keyword scrubs and learn more about the candidate and what they have to offer beyond their GPA and EducationGlobal impact and reach as remote work has expanded the talent pool globally, "meet" talent globally prior to beginning interviews Sohn continued, "People are ready to get back to work, and we are uniquely positioned to help employers kickstart that process. Not only can $1,000+ in savings per hire have a profound impact on the US economy, but what we're learning is that this deeply human, yet profoundly technology-first approach to hiring is positioning itself as the way forward amid this great rehire." For more information about Recruit Me and to get involved, please visit https://start.recruiter.com/recruit-me. About Recruiter.com Group, Inc.Recruiter.com is disrupting the $120 billion recruiting and staffing industry by combining an AI and Video hiring platform with the world's largest network of over 27,500 small and independent recruiters. Businesses of all sizes recruit talent faster using the Recruiter.com platform, which is powered by virtual teams of Recruiters On Demand and Video and AI job-matching technology. Visit https://www.recruiter.com. For investor information, visit https://www.recruiter.com/investors.html. Please follow social media channels for additional updates:LinkedIn Recruiter Network Group: https://www.linkedin.com/groups/42370/LinkedIn Company Page: https://www.linkedin.com/company/1240434Twitter Company Page: https://twitter.com/recruiterdotcomFacebook Company Page: https://www.facebook.com/RecruiterDotCom Company Contact:Evan SohnRecruiter.com Group, Inc.Phone: (855) 931-1500 Media Contact:North 6th Agencyrecruiter@n6a.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.

  • Recruiter.com Launches Subscription Service for Curated Talent
    GlobeNewswire

    Recruiter.com Launches Subscription Service for Curated Talent

    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. Please follow social media channels for additional updates:LinkedIn Recruiter Network Group: https://www.linkedin.com/groups/42370/LinkedIn Company Page: https://www.linkedin.com/company/1240434Twitter Company Page: https://twitter.com/recruiterdotcomFacebook Company Page: https://www.facebook.com/RecruiterDotCom Company Contact: Sarah SchultzDirector of CommunicationsRecruiter.com Group, Inc.Phone: (855) 931-1500sschultz@recruiter.com Investor Relations: Dave GentryRedChip Companies, Inc.Phone: (407) 491-4498dave@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.

  • Recruiter.com Partners with Fundomate, Brings Automated Capital Funding to its Community
    GlobeNewswire

    Recruiter.com Partners with Fundomate, Brings Automated Capital Funding to its Community

    Provides Network of Recruiting Businesses Access to Working CapitalHOUSTON, Feb. 17, 2021 (GLOBE NEWSWIRE) -- Recruiter.com Group, Inc. (OTCQB: RCRT), an AI-enabled hiring platform with the world's largest network of recruiters, is today announcing its newest marketplace partnership with Fundomate, a leading provider for turnkey business funding solutions, to bring automated business funding to its US-based partner companies. "Accessing capital, especially for small and independent recruiters and staffing firms, has never been easy and given their structure, the new Payroll Protection Program is not able to assist their cashflow needs," said Evan Sohn, CEO, Recruiter.com. "Fundomate is the ideal capital partner for Recruiter.com's community of over 800,000 recruiting and HR professionals." The Recruiter.com Marketplace will provide its community of independent recruiters and partner companies with value-add services, such as low-cost healthcare for independent business owners, tech-forward marketing tools, background check services, coworking space, and more. By utilizing Fundomate's technology and expertise in the alternative lending space, Recruiter.com will provide its recruiting business community of over 27,500 small and independent recruiters with pre-approved, affordable working capital offers based on their business history. Fundomate is an innovative fintech company that operates in the alternative lending space and provides white-labeled turnkey solutions enabling companies to offer alternative funding products to their customers as a value-added proposition. "Small businesses need a lifeline to cover expenses such as inventory, operating expenses, or marketing costs. Through the Recruiter.com marketplace partnership, recruiting and staffing firms will have an easy way of accessing affordable working capital and repay at their own pace with a percentage of their daily sales," says Sam Schapiro, CEO, and Founder of Fundomate. 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. Please follow social media channels for additional updates:LinkedIn Recruiter Network Group: https://www.linkedin.com/groups/42370/LinkedIn Company Page: https://www.linkedin.com/company/1240434Twitter Company Page: https://twitter.com/recruiterdotcomFacebook Company Page: https://www.facebook.com/RecruiterDotCom Company Contact: Sarah SchultzDirector of CommunicationsRecruiter.com Group, Inc.Phone: (855) 931-1500sschultz@recruiter.com Investor Relations: Dave GentryRedChip Companies, Inc.Phone: (407) 491-4498dave@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.