May 20, 2022

highland-laundry

Through Education Matters

Waltham-based ZoomInfo acquires job recruitment website Comparably

Waltham’s ZoomInfo acquired Comparably Monday in an effort to tackle a COVID-period challenge: the labor scarcity.

The business advertising software firm will capitalize on organization and employer facts from Comparably, a site that compiles assessments on pay out, variety, and lifestyle for 60,000 businesses. That could assistance ZoomInfo present “recruiters with access to thousands and thousands of excellent candidates and employer model alternatives,” according to a statement.

Money conditions ended up not disclosed. Comparably, which is dependent in Santa Monica, Calif., now has about 90 workers.

“The seismic change in work accelerated by the COVID-19 pandemic has fueled The Great Resignation. It is never ever been so tough to employ top rated expertise,” explained ZoomInfo founder Henry Schuck in a statement. “ZoomInfo is fully commited to assisting organizations recruit expertise far more successfully.”

Comparably CEO Jason Nazar agreed in a statement. “Partnering with ZoomInfo is an outstanding prospect to continue to assistance millions of employees and thousands of corporations and to aid revolutionize how the contemporary worries of recruiting are solved.”

Nationwide, more than 11 million careers are open, according to the Bureau of Labor Studies. Employers are on the hunt for all people from frontline workers to executives to fill open job positions — a lot of of which turned readily available owing to a wave of resignations and retirements all through the pandemic. It is arrived at a stage where Governor Charlie Baker established apart $50 million in federal funds in March to assistance businesses offer coaching and signing bonuses to lure staff.

ZoomInfo operates its East Coastline headquarters in Waltham but was acquired in 2019 by Vancouver, Clean.,-based DiscoverOrg, who then took the ZoomInfo name.


Diti Kohli can be attained at [email protected] with her on Twitter @ditikohli_.