February 19, 2016
Earlier this month Arlington, VA-based Snagajob announced a $100 million round of funding so that they can make strategist hires and fuel growth. This week the company announced a new partnership with LinkedIn, the largest professional social media site, which will be a collaborative effort focused on market research and job seeker resources.
Between LinkedIn’s copious amounts of hiring data, and Snagajob’s data on the hourly workforce, the two plan to provide insight into the hourly market. In their official announcement, Snagjob unveiled the importance of the partnership, emphasizing the effects of lower unemployment rates and voluntary turnover.
“With unemployment at a new low, voluntary employee turnover increasing and the rise of the ‘gig economy,’ it is clear that the current employment market is entering a period of profound change” said Snagajob CEO Peter Harrison. “More research and analysis on these trends helps us identify the appropriate resources and tools the hourly job seeker needs to increase their growth potential and maximize their income. LinkedIn is the perfect collaborator for us on this project as they share our mission of helping people find work and live more fulfilling lives. The opportunities for this partnership are endless.”
On top of the partnership, Snagajob’s 65 million members will gain access to Lynda.com, an education platform that LinkedIn acquired in 2015 for $1.5 billion. The platform will give Snagajob’s community of hourly job seekers access to thousands of courses tied to management and professional skills. Later in the year the two plan to integrate products and produce joint research projects.
“There's a strong alignment between LinkedIn and Snagajob’s respective missions,” said LinkedIn Vice President of Business Development Scott Roberts. “Thus, we're excited to be working with Snagajob to help our members and job seekers become more productive and successful.”
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