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This Week's ERN

Author: Donna Troisi
Editor: Ingmars Lindbergs




interbiznet.com presents the interbiznet Bugler.
January 13, 2000


Career Chaos
John Sumser ponders the glut of "career" companies and wonders if somewhere along the way the meaning of the word has been forgotten.

Gearing Up
Ants.com, marketplace for freelance jobs, announced it has received funding from Bertelsmann Ventures.

AbsoluteFuture.com has secured $1 million in new financing. The company reports it will aggressively market its InternetInterview.com.

As part of a major initiative to improve the quality of Kentucky's workforce, the Kentucky Community and Technical College System today announced the nation's first statewide network of ACT Centers, delivering state-of-the-art computerized testing and training services to individuals, businesses, and organizations.

Internet infrastructure company INFe.com has formed a wholly owned subsidiary, IT*CareerNET.com, Inc. The company plans to use this subsidiary to raise capital to expand IT*CareerNET, its information technology recruiting and career services.

New Combinations
Korn/Ferry International has acquired high-end executive search firm, Hofmann Herbold & Partner, based in Frankfurt, Germany.

Manpower Inc. announced its intention to buy London-based information technology staffing company Elan Group Ltd. for approximately $145 million.

recruitDYNAMICS.com will offer its members skills-assessment tools and certification exams powered by Brainbench.

The Industry Standard has chosen Guru.com as its exclusive provider of contract job sourcing for its recruiting section.

CareerPath.com joins forces with Australian site CareerOne. Just in time for the upcoming Summer Olympics in Sydney and the Winter Games planned for Utah.

CareerEngine will power AdStar.com's online job-posting service. In addition, CareerEngine's network of sites will be available directly to advertisers from Advertise123.com.

Britain's Sage Group reports it is buying Best Software Inc., a company specializing in software for managing assets, human resources and payroll, for 272 million pounds ($446.5 million). Its Best Internet Recruiter software lists jobs online and links them to relevant employment Web sites.

No Support for Teleworking Employees
Although companies recognize that teleworking can significantly improve employee recruitment and retention, a proprietary survey by the American Mangement Association finds that only 7 percent of teleworkers at US-based corporations have been formally trained to work outside their normal office environment.

Boring Job Descriptions
The Electronic Recruiting Exchange reports on ways to make job descriptions more powerful.

Stock Options May Boost Overtime Pay
The Washington Post reports on yet another opinion letter from the U.S. Department of Labor. Companies that grant stock options to workers who are eligible for overtime may have to include the option profits in the workers' wage base and increase their overtime pay, according to the department's Employment Standards Administration Wage and Hour Division's advisory.





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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