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This Week's ERN

Author: Donna Troisi
Editor: Ingmars Lindbergs




interbiznet.com presents the interbiznet Bugler.
January 14, 2000


Connections
Previewing a focal area of the upcoming 2000 Electronic Recruiting Index, John Sumser examines the stock performances of Recruiting firms over the last year. His observations in today's ERN.

Bureau of Labor Statistics For December 1999
The Consumer Price Index for All Urban Consumers was unchanged in December, before seasonal adjustment, remaining at a level of 168.3. For the 12-month period ended in December, the CPI-U increased 2.7 percent. The Consumer Price Index for Urban Wage Earners and Clerical Workers (CPI-W) also was unchanged in December, prior to seasonal adjustment, and was 2.7 percent higher than in December 1998.

Real Average Weekly Earnings grew by 0.2 percent from November to December after seasonal adjustment. This growth stemmed from a 0.4-percent increase in average hourly earnings, which was partially offset by a 0.3-percent increase in the Consumer Price Index for Urban Wage Earners and Clerical Workers. Average weekly hours was unchanged.

New Combinations
COMSYS, providers of IT project support and specialized project services, acquires Archway Consultants Inc. of San Francisco.

PhillyJobs.com, a Pennsylvania-, New Jersey-, and Delaware-area employee staffing and recruiting site, has joined forces with IT Solutions, the technical division of The Placers, to offer local staffing and recruiting resources.

Thayer Capital Partners closed a $276 million acquisition and recapitalization of Career Blazers, Inc., a provider of diversified staffing, training, and technology solutions.

CMGI, Inc. reports it has completed its acquisition of AdForce, Inc.

Check Out The Competition
Womens Executive Network, a job placement and career development company focusing on professional women is the new site of Circle.com, which provides customer relationship management solutions.

JobReviews.com specializes in user-generated reviews of the job hunting process, including interviews and salaries.

4anything Network hosts a career resources guide.

Gets To Brag
Workforce Online lists its Optima Award winners for best HR initiatives.

Metropolitan College, UPS's employment initiative, has been named the top workforce training program in the country by Business Facilities Magazine. Metropolitan College allows students to attend college for free while working parttime at UPS in Louisville, Kentucky.

Gearing Up
Hire.com receives $21 million in its mezzanine equity funding by venture capital firms and corporate investors. The investors include Austin Ventures, Kleiner Perkins Caufield & Byers, Crosspoint Ventures, TL Ventures, The Hearst Corporation, Pulitzer, Inc., Essex Investment Management Company, LLC, and Dell Computer Corporation.





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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