Recruiter.com Group announced a strategic partnership with Talent a career services company that provides a job seeker platform, professional resume writing, and interview coaching."We are excited to deepen our relationship with Talent, Inc., a current long-term partner of Recruiter.com," said Evan Sohn, CEO of Recruiter.com. "This is the first step in a new partnership that helps drive significant value to our company and team. We expect this transaction to meaningfully reduce our development costs while maintaining our ability to leverage the candidate sourcing platform. In addition, our revenue-sharing agreement will help further monetize our career communities and give us preferred terms for the resale of Talent, Inc.’s career services. "Elements of the strategic partnership include: The sale of certain intellectual property of Recruiter.com’s passive candidate sourcing software platform to Talent on undisclosed terms. A revenue-sharing agreement that gives Recruiter.com a revenue share for the promotion and reselling of career services. A planned ongoing services agreement granting continued access to the candidate sourcing platform to Recruiter.com for 18 months.
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