Partnership to Launch New Diversity Supplier
Solution
HOUSTON, TX -- September 01, 2020 -- InvestorsHub NewsWire
-- Recruiter.com Group, Inc. (OTCQB:
RCRT), a leading hiring
platform with the world's largest network of
recruiters, has announced a strategic partnership
with Beeline, a global leader in
software solutions for managing the extended workforce. The
collaboration will bring to market a unique, diversity-focused
network of recruiters to Beeline customers.
Recruiter.com provides a talent-sourcing solution that leverages
its community of over 26,000 recruiters worldwide. The new private
diversity recruiting team will focus on minority-owned, small, and
independent recruiting firms. Beeline customers will access this
private network to further diversify their contingent workforce
spend and support traditionally underrepresented businesses.
"Many companies want to do better when it comes to supporting
diversity initiatives within their contingent labor programs.
Managing with a small and trusted PSL (Preferred Supplier List) is
good business; however, it can limit opportunity to work with other
players," said Doug Leeby, CEO of Beeline. "The one-to-many dynamic
of Recruiter.com means our customers simply add one more supplier,
but get the benefit of thousands. This particular endeavor focuses
on diversity and providing access to under-represented firms and
talent. We have a duty to keep leading our industry, and we are
very proud of this partnership."
"Beeline has demonstrated their long-term commitment to
delivering workforce innovations for hundreds of Fortune 2000
clients,” said Evan Sohn, CEO of Recruiter.com. "Recruiter.com is
proud to partner with Beeline and help drive further innovations in
diversity talent solutions."
Supplier and supply chain diversity have long been critical
parts of advancing equality and inclusion and supporting the
overall economy's growth. The recent national attention to
diversity issues has renewed many corporations' commitment to
strengthening diversity initiatives. However, there are still many
issues surrounding access. The 2019 State of Supplier
Diversity report notes that some of the most
significant challenges for minority- and women-owned business
enterprises include difficulties in being discovered by large
companies, citing that purchasing and decision-makers are often not
attuned to how their supplier diversity programs work.
James H. Lowry, nationally recognized workforce and supplier
diversity expert, told Minority Business News USA, "Everyone must
work together — irrespective of race, religion, gender, or
political parties — to achieve success." Beeline and Recruiter.com
are proud to extend business opportunities to minority recruiting
and staffing professionals through this innovative workforce
solution.
About Beeline
Enabling companies to increase profitability and flexibility by
utilizing an agile mix of employee and non-employee talent, Beeline
is the world's largest independent provider of solutions for
sourcing and managing the complex world of contingent labor. Our
software helps procurement, sourcing, and human resources
professionals optimize costs, reduce risks, and add value to their
services procurement and contingent workforce programs. We have the
deepest, most seasoned team of contingent workforce solution
professionals. From our locations around the world, we deliver
innovative technology, end-to-end global and localized customer
support, and value-added capabilities which help many of the
world's largest enterprises meet their most critical talent needs.
To learn more, visit https://www.beeline.com
Recruiter.com Group, Inc.
Recruiter.com is a hiring platform for the world's largest network
of small and independent recruiters. Recruiter.com empowers
businesses to recruit specialized talent faster with virtual teams
of recruiters 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:
Company Contact:
Recruiter.com Group, Inc.
Phone: (855) 931-1500
Investor Relations:
Dave Gentry
RedChip Companies, Inc.
Phone: (407) 491-4498
dave@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,
including the anticipated results of the partnership, state of the
job market, Beeline's clients' hiring demand, and the future demand
for talent. The words "forecasts" "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 commercial 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 publicly update any forward-looking statements,
whether as a result of new information, future developments, or
otherwise, except as may be required by law.