Employee referrals tips, ideas and Zao product updates

Zao is Acquired by PIXID

Zao PIXID

PIXID acquires Amris ATS and ZAO to expand into the UK market to provide a cloud-based temporary workforce management and recruitment solution

The first digital platform to manage the temporary staffing cycle from recruitment, to contract management and compliance

Backed by independent European growth Private Equity[1]firm Keensight Capital, PIXID captured a booming market in 2016 and has built a 25% share of the French market – plans for further international expansion are underway

 

March 9, 2017, London, Paris – PIXID SAS (“the Company”), the French leader for cloud based temporary workforce management and recruitment solutions, has completed the acquisition of The Internet Corporation, owner of the award-winning applicant tracking system and recruitment software Amris. The transaction has been completed for an undisclosed amount.

PIXID’s proprietary technology is currently responsible for filling 1 out of 4 temporary positions in France and having powered the temporary staff market in France it intends to establish itself as a well-known digital platform for the management of temporary workforce in the UK and the rest of Europe. The Company’s platform enables clients of all sizes to efficiently manage its temporary workers via a simple, scalable and cost effective platform. The PIXID offering manages recruiters, suppliers and employment contracts while helping to ensure that its clients are compliant with the latest employment regulations.

The acquisition of The Internet Corporation Limited, whose proprietary platforms include Amris ATS, Zao Social Referrals and Employee-Check Reference Checking, will enable both parties to stay at the forefront of innovation and offer a differentiated platform that helps to streamline every possible aspect of the recruitment process – from job posting and candidate management to skill matching and the maintenance of a candidate talent pool.

The combined business will serve customers from offices in Paris and London and will:

  • have forecasted turnover of €16 million in 2017 – with profitable organic growth of 19%;
  • fill 150,000 new temporary roles on a daily basis through 2,500 client companies and  110,000 Users;
  • handle 50 million digitalized documents;
  • manage 450 suppliers and 7,000 staffing agencies; and
  • process 2,000,000 permanent candidate applications.

Etienne Colella, President of PIXID SAS, commented: “The business world has undergone a digital revolution and we are dealing with a new world of work where the rapid acquisition of talent is business critical, turning e-recruitment into a booming business. The UK has the leading temporary labour market in Europe and the opportunity to combine our platforms was too good to miss.  The transaction is transformational in terms of enabling both parties to stay at the forefront of technology and offer a truly end-to-end recruitment platform. The Internet Corporation was an early innovator in the on-line recruitment space, and I am delighted to say that Mark Kieve and his management team will remain in place at Amris and Zao as we were equally interested in securing their wealth of experience and expertise. We look forward to strengthening our current platforms while also developing an exciting new offer for the European market and beyond.”

Mark Kieve, the CEO of the Internet Corporation, commented: “We’re thrilled to have completed this transaction. The PIXID and Amris combination is formidable and will offer a powerful tool for effective hiring and candidate engagement. Both parties have developed platforms that are highly compatible and based on a similar ethos of offering their customers the opportunity to rationalise and simplify their entire recruitment process. We can’t wait to unite forces, which adds significant resource to enhance our existing offer and ensure that our core products remain best of breed.”

Jean-Michel Beghin, Managing Partner at Keensight Capital, commented: “We are delighted to have supported Etienne Colella and the PIXID team with the acquisition of The Internet Corporation. We believe that this partnership is ideally placed for the new chapter of PIXID’s development strategy and expansion outlook for the UK and European markets. With our strong international network, we see TIC as a very promising partner, enjoying leading positions in Europe as well as in the global marketplace. This win-win partnership will ensure constant development of the product range and delivering innovation for the benefit of clients.”

 

About PIXID

Created in 2004, PIXID is the leading VMS in France to offer a complete SAAS application compliant with the many aspects of French regulation for providing and using temporary staff. More than 100,000 users are daily connected through PIXID to lower their costs and work more efficiently with their suppliers on-line. Today, the company deals with 4,000,000 contracts. Very innovative services, like the electronic signature of HR contracts are available to customers ranging from large accounts to SMB. PIXID is based in Paris and London.

In 2016, more than €13 billion of transactions were conducted through PIXID’s platform through 150,000 daily sessions. Etienne Colella, President of PIXID joined the list of 100 most influential people in the European staffing market.

For more information, visit us at www.pixid.fr and follow @mypixid

 

About The Internet Corporation Limited

The Internet Corporation is one of the true pioneers of internet services with a 30-year heritage in both recruitment and technology.  Amris, removes much of the administrative hassle from recruitment by streamlining every aspect of the process. Amris ATS is an existing supplier to some of the highest profile names in the public, private and third sectors.

Zao is a leading employee social referral platform, with a high quality worldwide customer base. Zao makes employee referrals and social media hiring easy and automated. Employee engagement is increased by making participation fun with gamification, rewarding employees for good effort and not just referral hires.

Employee-Check is a complete online candidate reference platform to save money and remove administrative hassle from the process of gathering references.

 

About Keensight Capital

Keensight Capital, one of the leading European Growth Private Equity firms, is committed to supporting entrepreneurs as they implement their growth strategies. For almost 20 years now, our team of seasoned professionals have leveraged their knowledge in investment and growth industries to invest for the long term in profitable companies with high growth potential and revenues in the range of €15 million to €150 million.

Drawing on our expertise in a variety of sectors including Internet/Media, Information Technology, Healthcare and Services, we identify the best investment opportunities in Europe and work closely with management teams to develop and achieve their strategic vision.

 

www.keensightcapital.com

Press contacts for Keensight Capital

Anne de Bonnefon – abonnefon@keensightcapital.com – +33 (0)1 83 79 87 37

Citigate Dewe Rogerson

Aliénor Miens – alienor.miens@citigate.fr – +33 (0)1 53 32 84 77

Alison Emringer – alison.emringer@citigate.fr – +33 (0)1 53 78 91

2016 Onrec Online Recruitment Awards Finalist

Onrec 2016We are very happy to announce that Zao has yet again been nominated as a finalist for Onrec’s Online Recruitment Awards. Zao was nominated in the following three categories for the 2016 awards:

  1. The Best Online Candidate Experience
  2. Best Use of Mobile
  3. Innovative Use of Social Media in the Recruitment Process

Over the last year, Zao has continued to help organisations manage, automate and gamify their employee referral programs. Zao understands the importance of engaging employees in referrals, which remain the best source of hire in terms of quality and longevity on the job. There have been a number of recent advances at Zao regarding mobile, candidate experience and social media and we are thrilled to have been recongnised for our efforts.

Read More »

Different Reward Types and Ideas for Employee Referrals

Vacation to Thailand I have yet to meet someone who doesn’t like being rewarded for their hard work and constant effort. However when it comes to reward preference, this tends to vary from person to person. Whether employees are driven by financial rewards, the reward of social recognition or acting out of pure benevolence, these motivating factors are what effect your employees’ participation in your organization’s referral program. Read More »

Employee Referral Program Branding Ideas

Employee referral program brandingImplementing a successful employee referral program can be very difficult without a positive brand value. Branding is an imperative method that determines where the program will be in the future. Effective program branding helps an organization to increase its referral hires and reinforces employee participation by reminding them of the benefits of getting involved.

Here are several employee referral program branding ideas:

1. Give It An Identity

One of the best ways to excite employees about referrals is by giving the program a name, a theme, or a slogan. A unique and catchy name or slogan gives your company’s program an exclusive identity that constantly reminds employees of the reasons to refer. It should catch the attention of employees and generate recall whenever displayed.

Boost employee interest by using names such as:

  • “Company Name” Refer-A-Friend Program
  • We’re looking for a Great Talent like You
  • Refer & Relate
  • Bring Your Buddy
  • Build the Team
  • Spread the Love
  • Gift the “Company Name” Life

Read More »

St. Patrick’s Day Employee Referrals

Don’t rely on just luck this St. Patrick’s day to boost your employee referrals! St. Paddy’s Day is here again and today everyone wears greens from head to toe, drinks green beer at the pubs, and eats corned beef sandwiches. But that’s not all that can happen on this this fun holiday.

Here are 3 ways that you can maximize your company’s potential to support referrals and increase employee engagement during this week’s holiday: Read More »

Marketing your Employee Referral Program

Marketing your Employee Referral ProgramIt’s game on for employees throughout the world! In today’s fast paced society, employees are seeking to make quick, easy, and convenient referrals. It is imperative for employee referral programs to effectively market their company’s beneficial qualities in order to be successful. A favorable method that many big businesses use to motivate employees and market their program is to create healthy competition using Gamification.

 

Here are some examples of how companies use Gamification: Read More »

What’s the ROI on your Employee Referral program?

woman calculatorCan you put a dollar amount on love? No, but you can do that for your referral program. It is not surprising that referral programs have been used successfully for decades since they have proven themselves to be highly effective. While it’s most common for employers to only consider cost-per-hire, it is also very important to acknowledge the impact post implementation. While most firms do not measure the economic impact of other factors, those that do can easily prove that ERPs produce very meaningful ROIs. According to ERE’s Dr. Sullivan, candidates sourced via referral are much more likely to meet job requirement expectations, meet minimum standards of productivity faster, perform better long-term on the job, accept offers more often, and, not less importantly, turn-over less often.

Additionally, by asking employees to think of the best people they have worked with or know to be qualified for specific positions, firms can expose themselves to great, qualified people who are not actively looking for a job, and while doing so, strengthen their employer branding!

Want to find out your Referral ROI?
In order to help you find out your Referral ROI, we put together an ROI calculator. In order to use it, research your budget over the past year to come up with the following numbers:

  • Total number of hires (a year)
  • Percentage of hires from agencies, referrals, and job boards or other sources (together make up 100%)
  • Direct cost of a job board hire, referral hire, and agency hire (in $)
Fill out my online form.

Why employee referrals aren’t just about employees

Image courtesy of Rawich / FreeDigitalPhotos.net

Image: Rawich / FreeDigitalPhotos.net

Yes, you need employees for great referrals, but it doesn’t end there! In order to maintain a successful referral program over the long term, there are a few critical tasks that you need to take care of on an ongoing basis.

Check out our list of what you need to do in order to maintain a successful employee referral program:

1. Daily: Follow up. Review your referral applicants daily (they are the highest quality candidates after all). It’s important to make referral applicants a priority, so reviewing them should be high on your to do list. Read More »

Zao Announced as an Onrec 2015 Finalist in Four Categories

Onrec 2015 Finalist

We are very happy to announce that Zao has been nominated as a finalist for Onrec’s 2015 Online Recruitment Awards for the following four categories:

  1. Technical Innovation
  2. Best Use of Mobile
  3. Innovative Use of Social Media in the Recruitment Process
  4. Best Corporate Use of Online Recruitment

Read More »

IHRIM: Employee Referral Program Best Practices for 2015

ihrim logoThere’s a reason why employee referrals are named the # 1 source of hire year after year. By now, you’re probably aware of the benefits provided by employee referral programs, and why they are the best source of hire. Referrals are the highest quality hires and they perform best on the job compared to all other sources. To top it off, referrals have the highest retention rate after 1 year of employment.

Read More »