Ripper announcement today and also a solid write up in the Oz -- she's going to keep going IMO -- well done holders
Cloud-based recruiter LiveHire signs Telstra Health deal
LiveHire has landed its first big client after listing, signing up Telstra Health to serve it with “reserve armies of talent”.
The cloud-based productivity and talent management tool, which listed on the ASX in June and counts Morgan & Banks and Talent 2 co-founder Geoff Morgan as its chairman, will be the single destination for Telstra Health to manage its talent across its various entities.
Founder and growth director Mike Haywood said the digital health space was becoming incredibly competitive for talent with companies aggresively hiring, something his company was well-placed to enable.
“Innovators like Telstra Health have to be agile and fluid in how they grow, and given that they’re always creating new things, and talent is the source of creation, talent needs to come in a business like liquid,” Mr Haywood told The Australian.
“The average time to hire previously was 68 days. You just can’t be an innovator in a world when it takes 68 days to hire someone.”
LiveHire creates a “proactive recruitment” community for its clients, organised into different talent pools, and the company can then use the pool to hire people.
“The average cost for hire is $6000, and $300 of that is posting the job ad,” Mr Haywood said. “$5700 is in the productivity piece of processing people and data, and getting people through to the hire. That’s where we’re carving out the inefficiencies for companies.”
Telstra Health is a business division of Telstra and is understood to be Australia’s largest e-health business. In May it was awarded a $220 million, five-year contract to build a national cancer screening register.
LiveHire co-founder and managing director Antonluigi Gozzi said the Telstra Health deal would be a significant validation point for the company.
“It is a proof point our technology can satisfy the most stringent data security requirements of Telstra and that our technology and team can support Australia’s biggest companies who are leading the world on innovation and technology,” he said.
The firm also recently signed up General Pants, an agreement that has LiveHire as the retailer’s single source of talent across its 50 stores. Mr Haywood said there are more than 5000 people already from General Pants using the LiveHire platform.
Mr Gozzi said listing publicly had given the company extra visibility and transparency, and was therefore a much easier sell to prospective clients.
“The strength of your business is there for everyone to see and companies can do due diligence on us much more easily,” he said. “Companies are asking of start-ups ‘are you still going to be there in two years’, and we can say yes. It gives us strength.”
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