Dive Brief:
- Google has released the pricing points for its new recruiting platform, Google Hire, ERE Media reports. The global tech firm's pricing is based on organizational size. The annual price for employers is $2,400 for 50 employees, $4,800 for 100 employees and $12,000 for 250 employees. ERE Media says that $12,000 appears to be Hire's ceiling.
- Employers who use Hire must 1) be a G-Suite user; 2) have 1,000 employees or fewer; and 3) be based in the U.S. Employers will have to search Google's site to find the price for their size.
- Hire's pricing appears to be on par with competitors' platforms, including SmartRecruiters and Jobscore, says ERE Media.
Dive Insight:
Google's success as a relative newcomer in the recruiting and hiring arena with Google for Jobs and Hire bears watching. Employers can test these platforms and others to decide which gives them the best return on their investment.
Google's foray into the recruitment space points to the potential growth within it, especially for small to medium-sized businesses. Prior to the HR tech explosion, most HR tools handled employee populations that reached the tens of thousands, but didn't scale for those with considerably fewer people, leaving them to manage potentially overwhelming amounts of HR data with spreadsheets and other forms prone to mistakes or mismanagement.
Nowadays, Silicon Valley-style innovation has bestowed HR with options that streamline procedural needs, giving HR managers the time needed to consider HR strategically.