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This Week's ERN

Author: Donna Troisi
Editor: Ingmars Lindbergs




interbiznet.com presents the interbiznet Bugler.
April 4, 2000


bonehead (bon' hed') n. Slang
What is your definition of cost per hire? Will it compare at all with how four disparate Online entities describe it? What about John Sumser's classification?

The Net Drives Demand For Top IT Talent
To be successful in cyberspace, an organization needs effective strategies, which depend on how well decisionmakers understand the new technology and whether they have the vision to take their business forward. But these competencies, especially at board level, are rare say the experts. In fact, demand for these skills is currently far outstripping the supply.

Metropolitan Area Unemployment
In February, 210 metropolitan areas recorded unemployment rates below the U.S. average (4.4 percent, not seasonally adjusted), while 114 areas registered higher rates, the Bureau of Labor Statistics reported. Eleven metropolitan areas had rates below 2.0 percent, with five of these located in the Midwest and four in the South. Of the 11 areas with jobless rates over 10.0 percent, 7 were in California, and 3 were along the Mexican border in other States.

Reveille
CareerCity has selected Boxwood Technology to provide the core job-posting and search functionality for its site.

Techies.com began offering up more than 20 experts, such as labor attorneys and career counselors, to answer questions online from IT professionals who access the site.

Virtual Village, a global provider of browser-based recruiting software, announced V-Staff, its next-generation system designed exclusively for staffing agencies.

VirtualEmploy.com has closed $6.35 million in a first round of funding from the venture capital firms Venrock Associates and RRE Ventures.

eWork Exchange reports it has reached $1 billion in projects offered on the eWork Exchange.

The Georgia Institute of Technology announced that Christopher Klaus, the 26-year old founder and CTO of Internet Security Systems, has donated $15 million for construction on an advanced computing and information technology complex.

Kelly Services has launched Kelly Career Network 2.0, designed to include the latest job pushing and search technologies and automated systems for interfacing with other job-posting sites.

Vault.com releases its first set of online recruitment videos designed to provide professionals with a comprehensive look inside top corporations and equip employers with the newest tools to strengthen their online recruiting efforts.

State Updates
Legislation (SB 2021) was introduced to give tax credits to qualified employers and employees of Santa Clara County, California, who use alternative work schedules to reduce near-standstill traffic during rush hours.

The California Supreme Court unanimously ruled that workers required to ride employer-owned vehicles to and from their jobs must be paid for that travel time. The decision paves the way for thousands of farm workers and others to seek back pay. More broadly, however, the decision could affect many other groups of hourly workers.

Pennsylvania has received a $500,000 Federal grant to develop individual training accounts for Pennsylvania job seekers that give workers more opportunity to choose specific training to fit their career needs.

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