Irish founded Employee Lifecycle Platform KonnectAgain has announced it is creating 15 new jobs, a rebrand and name change to Talivest across their bases in Dublin, New York and Lisbon
The company has ambitious growth plans as demand has increased from multinational companies looking to engage and retain their millennial workforces with the War on Talent escalating. The 15 new jobs will bring the company to 25 employees globally, while the rebrand reflects the companys focus on new products, which provides valuable data during the onboarding and exiting of employees.
Talivest also revealed a number of new angel investors who have backed the firm recently including billionaire investor and philanthropist Nicolas Berggruen, former head of Microsoft Corporate Strategy Charlie Songhurst whose previous investments include Classpass and Anne Heraty founder of recruitment firm CPL. They join existing investors such as PCH founder Liam Casey, Euristixs Jim Mountjoy who sold Fore Systems for 70million, and Bryan Meehan who sold Blue Bottle Coffee to Nestlé for $400million last year.
Talivest, which has raised $1.5m since it was founded in 2013 by an all-female team in Jayne Ronayne and Helen Flynn, has consistently been recognised as one of the standout startups in the Irish tech scene.
CEO and cofounder, Jayne Ronayne, said of the rebrand that while KonnectAgain was about reconnecting, Talivest is about helping companies maximise the investment in their employees,
Companies invest so much time and money attracting, training and developing their people, Ronayne explains. But studies show that staff are job-hopping faster than ever. Morgan McKinleys recent study on millennials shows that almost three-quarters intend to leave their company within five years. The good news is that 49% say theyd be open to being rehired.
Employees hold a huge amount of power when it comes to a companys reputation, Ronayne says. Theyre leaving reviews on Glassdoor and telling their friends what their former company was really like. Organisations are now seeing the value of capturing feedback earlier, and making changes to their company culture.
Thats one of the things we allow them to do in our platform. One of our customers who switched from an in-house exit survey to our platform saw their completion rate increase from 25% to over 60% within just a week.
The job for life is dead, Ronayne says. The gig economy is growing, especially with entrepreneurial Generation Z candidates entering the workforce. Its a challenge to attracting great talent, but its also an opportunity to form a lasting brand connection that starts when a new hire walks through the door, and continues long after the employee has left. Our rebrand reflects this reality.
The roles we are hiring for are to keep up with the demand we are seeing from companies and HR Directors grappling with ways of dealing with that new reality and culture.
Talivests new products are aimed at Human Resources and Talent Acquisition leaders, and can be used for recruitment, onboarding, retention and offboarding. Voxpro, Jameson, Sprout&Co and multinational technology companies are just some of the customers Talivest works with, while demand has increased massively in the last year since Talivest moved its Sales division to the US and with the growing emphasis on a positive employee culture among tech companies.
Sinead DArcy, who heads up the Jameson International Graduate Programme, says the company is using Talivests alumni community platform to keep their talent pool open.We have over 350 programme alumni, Sinead says. So the platform was the perfect way to reconnect, and stay connected, with this network.