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Today's
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interbiznet presents the Bugler
| January 10, 2000 |
Media-ization
John Sumser considers the implications of the just-announced AOL/Time Warner merger and the affect this may have on the Online Recruiting industry.
New Combination for the New Year
America Online Inc. will buy Time Warner Inc., the world's largest media company, for approximately $190 billion in stock in what ranks as the largest takeover ever. Time Warner shareholders will receive 1.5 shares of AOL Time Warner for each share of Time Warner stock they own while AOL shareholders will receive one share of AOL Time Warner stock for each share of AOL they own.
Other New Combinations
JobDirect's new partnership with Fast Company Magazine allows JobDirect to provide college and university career centers with free subscriptions to the magazine. The partners also hope to provide other services for these centers.
Recruiting service Headhunter.net, formerly with 24/7 Media, has joined DoubleClick's business network as a select site.
Gearing Up
The U.S. Department of Labor has authorized the State of Pennsylvania to fully implement its 5-year workforce plan effective immediately, allowing the state to continue connecting education, training, and workforce services with employers. Pennsylvania CareerLink services are accessible at
www.pacareerlink.state.pa.us.
IT Staffing, Ltd., an IT and engineering recruitment and consulting services firm, closed a $1.5 million private placement deal arranged by J.P. Turner and Co. The cash raised in the placement will help fund acquisitions the company is currently negotiating, and promote the upcoming launch of its B2B-recruitment technology.
Gets To Brag
Vault.com's reports that its employee message boards at the Electronic WaterCooler™ have reached more than 50,000 postings. The boards are a network of company-specific message boards for employees.
eQuest, providing online recruiting solutions, announced that Raytheon will use eQuest JobLauncher to manage its online recruiting efforts.
Digital Biometrics, a supplier of identification systems services, announced that it was selected by a financial purchasing services group to implement an electronic fingerprint and database reporting system to speed fingerprint-based background checks on job applicants.
Internet Misuse At Work Leads To Firings
Nearly two out of three companies nationwide have disciplined employees and nearly one out of three have terminated employees for misuse of the Internet in the workplace, according to a new survey from Websense, Inc. and The Saratoga Institute. The survey also indicates that while more than two-thirds of companies provide Internet access for their employees, almost half have little or no concern about employees surfing the Internet.
A Case Study in PR Puffery
Silicon Alley reports on companies that inflate their numbers and misrepresent site traffic thereby skewing the actual value of dot-coms.
Investing In Futures
Fifteen of Bank of America's newest associates will soon transition from welfare to work, thanks to a new bank-training program. A spokesperson from Bank of America states that the turnover rate of former welfare recipients is much lower than that of other workers. They added that this pool of workers typically make loyal, stable employees.
Databases
If you are looking for the address and telephone of a company, try Facts Online's database.
Powerize.com also offers searches on business and financial topics.
SIX WAYS NOT TO BUILD YOUR CAREER SITE
If a talented candidate dropped by your office, would you make her wait forever in the lobby, staring aimlessly at your company logo?
Would you demand her name, e-mail address, date of birth, current job and zip code before offering even the most basic information about your company? Would you force her to fill out complex applications just to find out if you're even hiring?
Of course not. You'd never do these things. No HR pro would--in real life.
But online, where nearly all potential hires begin their experience with your firm, many of us do all this and more. Maybe that's why 50 percent of all online job seekers describe the experience as unpleasant or frustrating.
Read the full article at:
http://www.hodes.com/branding
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