LiveHire Ltd. (ASX: LVH), a globally-leading Direct Sourcing platform, today announced a new partnership with myBasePay, a leading employer-of-record (EOR) and agent-of-record (AOR) platform for recruiting, staffing and HR professionals. This partnership aims at improving the overall candidate experience and quality of hires by pairing LiveHire’s cutting-edge AI-powered direct sourcing technology with myBasePay’s best-in-class Employer of Record services.
With more than 11 million open jobs in the US where candidates have the upper hand, growing talent shortages and higher turnover rates, there is more pressure than ever to fill roles quickly while delivering a positive candidate experience.
LiveHire’s partnership with myBasePay will deliver a Direct Sourcing platform to generate private, branded Talent Clouds that attract and engage permanent and contingent workers via LiveHire. MyBasePay will then manage the remainder of the lifecycle as the Employer of Record.
“The LiveHire and myBasePay partnership is a great opportunity to transform the candidate experience.” says Christy Forest, CEO of LiveHire, “The myBasePay platform supports talent professionals through payroll, compliance and more, and coupled with the LiveHire technology, will ultimately provide a world-class experience for the candidate lifecycle.”
Through this partnership, LiveHire and myBasePay offer:
- Optimization of contingent talent curation via LiveHire’s platform
- Timely payroll processing, insurance, and benefits administration
- Fully integrated talent pool technology and talent curation services
- Seamless candidate submittal and onboarding
- Compliance from worker classification to workers comp
- Enhanced candidate experience and quality-of-hire
myBasePay CEO Cesar Jimenez said, “The partnership myBasePay has with LiveHire is a representation of two companies aligned for the future trajectory of workforce management. It is critical for us to partner with organizations whose value proposition improves the overall candidate experience. With myBasePay being at the forefront of the Employer of Record space, we are thrilled to partner with LiveHire who has been a pioneer in the Direct Sourcing movement. Together, our companies can create a complimented candidate lifecycle solution for enterprises everywhere”
“Today, over 40% of the U.S. workforce is made up of contingent workers, but more organizations are moving towards Freelancers and Gig workers to backfill FTE positions to take care of business needs with an expected growth to over 50% throughout the next two years” says Dave Ghosh, Senior Vice President, Global Alliances and Channel Sales of LiveHire. “This makes speed to hire critical. The LiveHire partnership with myBasePay creates a seamless candidate lifecycle solution that meets the needs of the growing contingent workforce.”