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Online Marketplace Hired Opens First Overseas Location Amidst Booming UK Tech Industry

With over £10m in job offers over the last sixteen weeks, London quickly becomes Hired's fastest growing market
Hired.com
2015-03-25 16:00 2405

LONDON, March 25, 2015 /PRNewswire/ -- Hired.com, the leading online marketplace for technical talent, announced today that it has officially opened in London – Hired's first city outside of the US. During a successful four month trial period in the United Kingdom, London's best technology companies have responded strongly to Hired's curated pool of responsive, high-quality candidates. The marketplace has also seen a dramatic flood of applications from skilled technical talent looking to take the next step in their careers. London is quickly becoming one of the company's largest markets alongside San Francisco and New York. 

Since going live in the UK just 16 weeks ago, Hired has found that the UK's technology job market is thriving, with thousands of candidates applying and participating candidates receiving initial offers totalling over £10m.

"London has always had a good ecosystem for startups, but the recent rise in technology companies choosing to locate there indicates an unprecedented demand for qualified tech industry candidates, who are more in control of their careers than ever before," said Matt Mickiewicz, founder and CEO of Hired.  "Candidates on Hired get upfront information about all of their job options – including salary, culture, and job requirements. This information helps people make great choices about their long-term career goals."

The UK is proving to be an ideal market for technology companies looking for an EMEA presence, with government initiatives, including organisations like Tech Nation, UK:TI and London & Partners, laying creating strong support networks for tech companies. Set to become one of Hired's most important markets, the UK shows several key indicators for strong hiring demand across technical roles:

  • 600+ interview requests made
  • Average time to hire - 19 days
  • UK salary ranges - £40k-£85k
  • Initial data on salary ranges for different roles:
    • iOS Developer -  £56k in London vs $130k in New York
    • Ruby Developer - £51k in London vs $119k in New York
    • Javascript Developer-   £54k in London vs $117k in Seattle
    • UX/UI Designers - £61k in London vs $104k in Los Angeles

For UK technology companies like Lyst, Geckoboard, WorldRemit and Qubit, Hired is a welcome alternative to traditional recruitment methods. Like over 2000 of their US counterparts, they've found that working with Hired gives them access to a consistent weekly pipeline of qualified technical talent. In addition, they are able to engage directly with candidates through the platform to arrange interviews, rather than having to coordinate with a recruiter, making the hiring process faster and more efficient. 

How It Works
On Hired, top companies apply to you, and you choose which ones to interview with. Hired helps people discover, and choose between, the career opportunities available to them.

All candidates are reviewed for quality and their interest in finding a new job. Once the top candidates are invited to use Hired, we show their profile to lots of relevant employers over one week. Each interested employer sends them an interview request including upfront information about compensation, culture, and the responsibilities of the job - so that candidates get a good idea of what their options are and can make an informed decision about where to interview.

Each candidate is paired from the start with a dedicated Talent Advocate. That advocate is focused solely on making sure people have an outstanding experience on the Hired platform. The Talent Advocates help candidates think through their goals and motivations before they receive interview requests from employers, and then work with them throughout their Hired experience to answer any questions they might have.

As a result, candidates on Hired respond to over 90% of interview requests, compared with a 10-20% average response rate to InMail requests on LinkedIn. In addition, because candidates are actively looking to discover and explore new opportunities, over 50% of interview requests are accepted.  

Comments from Hired's customers:

  • Layla Kidwai, Head of Talent at WorldRemit: "Hired makes the recruitment process very simple and efficient. My favourite thing is that candidates go live once a week and I get really excited on a Monday morning to see who is in the batch. This consistency and rhythm enables me to take care of reaching out to new candidates at the beginning of the week."
  • Chris Fleck, COO of Concrete: "I see Hired as being transformational in the recruiting space, handing power back to the candidates – whilst it might be early days for them now, at scale I can see Hired eating traditional recruiters lunches."
  • William Shu, CEO of Deliveroo: "Hired offers us a preferable way to source candidates. I appreciate the simplicity of the Hired platform and the ease of being able to share candidate profiles with my team with the click of button. It's much more efficient than dealing with individual recruiters."

Comments from Hired's Candidate:

  • Sandra Greiss, Data Scientist, Lyst: "Hired ticked all the boxes for me. I had a very professional advocate. She helped me find the perfect job very quickly, she cared, listened to me and provided incredible service and advice. She wasn't pushy, but rather patient, and she made a lot of time for me. All this made Florence and Hired very unique. Finally, the transparency of the whole process through Hired was the cherry on top of the cake."

About Hired
Hired is the first two-sided marketplace created specifically for in-demand people who are overwhelmed with job opportunities. Through a transparent and unbiased recruiting process, we help developers, salespeople, and other in-demand professionals take more control over their job opportunities. On Hired, candidates get upfront offers with salary, culture and job information shared before having to decide where to interview. Employers use Hired to get immediate access to a curated pool of responsive, high-quality candidates. Hired is used by over 2000 top tech companies, was recently named one of the top 100 "Most Promising Companies" by Forbes, and has already facilitated over 6 Billion dollars in offers for candidates. For more information visit www.hired.co.uk.

Full customer quotes available from: https://sparkpr.box.com/UKCustomerTestimonials
Full candidate quotes available from: https://sparkpr.box.com/UKCandidateTestimonials

Contact
Sparkpr for Hired
Joe Groves
Jgroves@sparkpr.com

Source: Hired.com
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