STOCK TITAN

Recruiter.com Partners with Multiplier

Rhea-AI Impact
(Neutral)
Rhea-AI Sentiment
(Very Positive)
Tags
partnership
Rhea-AI Summary

Recruiter.com Group has announced a strategic partnership with Multiplier, a global employment platform, aimed at enhancing international recruitment processes. This collaboration allows Recruiter.com to find talent while Multiplier manages payroll and compliance in over 150 countries. The partnership is set to support companies in hiring top talent worldwide, reflecting a growing trend towards borderless employment. Multiplier will also utilize Recruiter.com’s services to expand its own workforce in the coming year.

Positive
  • New partnership with Multiplier to streamline international hiring and payroll processes.
  • Expansion potential as Multiplier serves over 150 countries, enhancing Recruiter.com's market reach.
  • Multiplier plans to grow its own workforce, indicating confidence in recruitment services.
Negative
  • None.

Multiplier, a global work platform making international employment easy and risk-free, leverages Recruiter.com for on-demand recruiters as Multiplier expands

NEW YORK, NY / ACCESSWIRE / December 12, 2022 / Recruiter.com Group, Inc. (NASDAQ:RCRT)(NASDAQ:RCRTW) ("Recruiter.com"), a recruiting solutions platform, is pleased to announce a partnership and client relationship with Multiplier, a global employment platform designed to make international employment, payroll, compliance, and benefits an easy and risk-free process.

"As the job market continues to evolve, we see more companies hiring without regard to geographical boundaries. Once Recruiter.com finds the talent, Multiplier will serve as an all-encompassing platform for onboarding and paying international employees. We are thrilled to partner with Multiplier and help companies hire top talent from anywhere in the world," said the CEO of Recruiter.com, Evan Sohn.

By embracing borderless and flexible hiring, Multiplier helps companies thrive in global markets. The platform provides an all-in-one solution for onboarding, paying, and managing international employees. With a presence in over 150 countries worldwide, Multiplier simplifies the employment process by managing the complexities of local compliance, labor contracts, payroll, benefits, taxes, and more, all within an easy-to-use SaaS solution.

"We are proud to join in this partnership with Recruiter.com and continue to expand our efforts helping companies access and employ talent globally," said Amritpal Singh, co-founder and Commercial Director at Multiplier. "In addition, as we look to expand our own headcount at Multiplier over the next 12 months, we have also signed up to work with Recruiter.com as a client."

Recruiter.com Group, Inc., Monday, December 12, 2022, Press release picture

About Recruiter.com Group, Inc.

Recruiter.com Group, Inc., Monday, December 12, 2022, Press release picture

Recruiter.com is an on-demand recruiting platform providing flexible talent acquisition solutions that scale from startups to the Fortune 100. With an on-tap network of thousands of recruiting professionals, advanced artificial intelligence sourcing software, and recruitment marketing automation, Recruiter.com helps businesses solve today's complex hiring challenges.

For investor information, visit https://investors.recruiter.com

Please follow social media channels for additional updates:

Recruiter.com Group, Inc., Monday, December 12, 2022, Press release picture

About Multiplier

Having entered the market in 2020, Multiplier has fast become the leading global employment platform that makes it easier for companies to employ teams internationally without the need to register a legal entity. With a presence in over 150 countries worldwide, Multiplier simplifies the employment process by managing the complexities of local compliance, labour contracts, payroll, benefits, taxes and more, all wrapped up in an easy-to-use SaaS solution. For more information about Multiplier, visit www.usemultiplier.com.

Company Contact:

Corporate Communications
investors@recruiter.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 "predict" "forecast" "believe," "may," "estimate," "continue," "anticipates," "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, 2021. 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.

SOURCE: Recruiter.com Group, Inc.



View source version on accesswire.com:
https://www.accesswire.com/731302/Recruitercom-Partners-with-Multiplier

FAQ

What is Recruiter.com's partnership with Multiplier about?

Recruiter.com has partnered with Multiplier to enhance the international hiring process, allowing seamless payroll and compliance management in over 150 countries.

How does the partnership impact Recruiter.com and Multiplier?

The partnership benefits both companies by expanding recruiting capabilities and simplifying employment processes for global companies.

When was the partnership between Recruiter.com and Multiplier announced?

The partnership was announced on December 12, 2022.

What services will Multiplier provide in the partnership with Recruiter.com?

Multiplier will manage payroll, compliance, labor contracts, and benefits for international employees hired through Recruiter.com.

What is the stock symbol for Recruiter.com?

The stock symbol for Recruiter.com is RCRT for common stock and RCRTW for warrants.

Recruiter.com Group, Inc.

NASDAQ:RCRT

RCRT Rankings

RCRT Latest News

RCRT Stock Data

9.07M
2.28M
2.78%
0.41%
1.04%
Staffing & Employment Services
Services-computer Programming Services
Link
United States of America
NEW YORK