Meet the HR Tech Startups: 5 Companies Who Want to Change The Way You Do HR

Startups are the lifeblood of technology innovation. In order to be truly innovative, companies need fresh ideas that might not always come from the largest players in the field. That’s why we love getting to know the up-and-coming companies who are blazing new trails in digital strategy.

At the 2017 HR Technology Conference in Las Vegas, we saw a lot of noteworthy tech startups that have potential ramifications for the HR space. These companies have developed new ways to automate and customize specific HR functions for better engagement, greater efficiency, and superior performance.

Here are five of our favorites. 

 

Headstart

Headstart is a recruiting application that matches candidates with companies based on a unique “fingerprint” of attributes. These attributes are not fixed and may be different for every candidate. They may include traditional factors like credentials and college degrees, but also cultural factors like personality, interests, and work style. The application uses machine learning algorithms to develop a set of candidate requirements based on employer hiring habits and industry trends, and then matches candidates with the companies they fit best.

 

Benefits for Employers:

• Higher efficiency—Recruiters can review candidate matches with just a few clicks rather than spending hours sorting through resumes.
• Improved diversity—The data-driven weighted algorithm naturally promotes diversity by emphasizing candidate skills and traits.
• Better candidate quality—Employers receive a list of strong candidate matches, enabling them to spend 80% of their time on the top 20% of candidates.
• Culture Focused—Headstart capitalizes on the shift toward culture-driven hiring by matching candidates with your company culture.

Bottom Line:

Headstart helps companies focus on people rather than paper. They have developed an app that supports candidate-centric hiring and cultural fit by helping employers recruit higher quality candidates more efficiently.

 

Video My Job

VideoMyJob helps you create recruitment videos quickly and easily with your smartphone. We did a demo at the conference, and we were able to create a finished product within about 15 minutes. Videos can include images, clips, text, captions, and logos to put your best foot forward with candidates. Videos can easily be shared on social media and job boards, and you can view analytics from each of the social platforms you post in.

 

 

Benefits for Employers:

• Higher engagement—Videos boost engagement with your target audience and get your message in front of the candidates you most want to hire.
• Lower cost—Videos can be expensive, but VideoMyJob removes that barrier. You can produce your own videos with minimal expense, making it cost effective to create targeted video content for each job posting or candidate persona.
• Faster production—Send the video crew home and grab your smartphone instead. With this app you create fast, high quality videos that look professional, but without the lag time and extra personnel.
• Easy editing—The app includes an editor that lets you trim, add titles, insert captions, add still images, include contact information and add branding elements. You can also use the built-in teleprompter to create and read your script.

Bottom Line:

VideoMyJob has created a great niche product that takes the intimidation factor out of creating videos.

 

MaximusLife

MaximusLife connects employees with opportunities for social impact. Employees can access events, participate in team-based challenges, incorporate giving with wearable devices and fitness challenges, and sign up for volunteer opportunities all from their smartphones. Employers can integrate the app with company matching, grant management, and payroll deductions to save time and administrative effort. Dashboards, leaderboards, and custom challenges keep employees engaged, and mobile notifications help keep participants on track.

 

Benefits for Employers:

• Incentivize wellness—Wellness programs have become integral to employee wellbeing and productivity. MaximusLife gives that positive change new incentive by connecting it with social impact.
• Higher engagement—Corporate community involvement boosts employee engagement and drives down turnover rates over the long term.
• Support charitable causes—The app partners with non-profits and can also align with a cause of your choice.

Bottom Line:

This is a great way to create maximum impact using the wellness programs and events you already promote.

 

Workuments

Workuments is a total HR solution that gives customers the ability to design the technology around their current processes. Their philosophy includes three primary benchmarks: infinite flexibility, superior customer service, and understanding the unique needs of each business. Customers can build add-ons and custom apps with minimal coding knowledge. 

 

Benefits for Employers:

• Innovation—Any Workuments product can be redesigned based on the unique requirements of the customer.
• Flexibility—The platform includes everything from core HR to recruitment to analytics. Companies can customize each module based on their needs.
• Partnership—Workuments endeavors to know the ins and outs of each client’s business model. With that information, they can create custom solutions designed around client processes.

The Bottom Line:

We were intrigued by the flexibility of Workuments. The ability to customize could make this product a contender among other, more established platforms.

 

Teamatics

Teamatics is a subscription-based cloud application that helps companies track current skills gaps, identify strengths and weaknesses in the workforce, and plan what skills they will need for the future. With this information, companies can focus recruitment efforts on the most strategic roles and skillsets. 

 

Benefits for Employers:

• Data-based assessments—Assess and catalog your current skills base and track across specific departments, teams, or the company as a whole.
• Skills planning—Develop a competency framework to determine what skills are currently represented in your team and what gaps you need to fill as you plan for the future.
• Improved hiring efficiency—Invest in strategic hiring to close gaps that undermine the growth and productivity of your workforce.

The Bottom Line:

Teamatics digs deep with workforce data to give companies the knowledge the need to make better hiring decisions.

If there’s one thing we learned from the conference this year, it’s that we are standing on the cusp of true, disruptive digital innovation. These startups and others like them could help usher in a new era for the HR space, and we can’t wait to see what’s next!

Read more about what we loved at HR Tech Conference 2017! 
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