Talentful shares company’s success with its staff

Recruiters are going the extra mile to help their employees in harsh economic times.

Talent acquisition organisation Talentful is issuing up to 20% of the company in stock options to most existing and future employees.

“The company-wide initiative demonstrates the ongoing commitment of Talentful and its leadership team to involve employees, across all its territories, in the future development and success of the company,” said a company statement.

Self-funded Talentful invests all revenue back into the company to support business expansion, product development, learning and development, and enhancing employee experience.

Talentful was founded seven years ago. Between December 2020 and December 2021, the company’s revenue growth increased by 157% and headcount rose by 155%. Today, Talentful has a total of five offices, and employs 300 people in the UK, Germany and the US.

Commenting on the stock option announcement, Chris Abbass (above, centre), CEO and co-founder at Talentful, said: “We are making this decision because we believe everyone, as a team and individually, has the ability to make a significant difference to Talentful’s growth and success. Every interaction our people have with each other and clients, how the team collaborates, how individuals represent our brand and the value they bring to our customers really moves the needle.

“As we are entering our next phase on our journey in Europe and the US, we inevitably wanted to share our company's success with the wider team by giving stock options to the majority of current and future employees at Talentful. At the end of the day, it's a collective effort – and we want to unite every individual team member to continue on our mission of inventing the future of recruiting, and to reach future goals and milestones together.

“When Talentful wins, we all win.” Talentful’s range of services include hiring to process reviews, events strategy and diversity workshops. Tech company clients scale include Alphabet, Microsoft, Deliveroo, Atlassian, Monzo, Einride, Expedia, Instacart, Miro and Waymo.

With 300 talent professionals operating across San Francisco, New York and Austin as well as London and Berlin, the consultancy operates extensively across the US and Europe, and has plans to expand into APAC.

Microsoft teams up with SThree to improve operations

SThree, the leading STEM-specialist staffing group, has announced a collaboration with Microsoft that is intended to power its industry-leading Technology Improvement Programme.

Contracts 26 March 2024

NEW TO THE MARKET: 25-30 MARCH 2024

This week’s new launches include: ID Crypt Global, Indeed, N2S.Global, Quesam, Talmix

New to Market 26 March 2024

Businesses must use AI in ‘all its formats’ says Martin-Fagg

UK businesses need to use technology such as AI to increase productivity, emphasise a ‘customer first’ attitude and grow by increasing market share.

22 March 2024

HeadFirst and Impellam groups join forces

HeadFirst Group and Impellam Group have joined forces to become one of the world’s leading STEM talent and managed service providers.

Contracts 22 March 2024
Top