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MENAFN - ProactiveInvestors - Australia - 06/09/2016
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(MENAFN - ProactiveInvestors - Australia)
LiveHire Ltd (ASX:LVH) has signed an agreement with Telstra Health, launching the ‘Live Talent Community"; recruitment solution for one of Australia";s largest eHealth businesses.

LiveHire uses a cloud-based recruitment platform where potential candidates privately connect with companies by becoming part of a virtual talent community.

Under the new agreement, Telstra Health will implement LiveHire to manage the flow of talent into and across its entities.

Telstra Health is a business division of Telstra Corporation Ltd (ASX:TLS) and one of Australia";s largest eHealth businesses.

Telstra Health will use LiveHire and its Talent Community platform as a centralised location to manage talent and carry out proactive recruitment.


LiveHire started trading on the ASX in June after raising 10 million from an IPO at 0.20 per share.

LiveHire";s business model works by charging the company owning the talent community a monthly hosting fee of 0.50 per talent community member.

A capped fee structures could sometimes be used during initial growth phases to support on-boarding new clients.

McKinsey & Co have stated that by 2025, online talent platforms could boost global GDP by 2.7 trillion annually.

Effective recruitment is still an issue in #Australia with the average hire taking 68 days.

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ProactiveInvestors - Australia




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