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Today's
Electronic
Recruiting
News
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| Author:
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interbiznet presents the Bugler |
| April 30, 2003 |
What's Happening?
Read John Sumser's article in the Electronic Recruiting News.
From the Bureau
The Employment Cost Index for total compensation rose 1.3 percent from
December 2002 to March 2003, following a 0.7-percent gain from September
to December 2002, seasonally adjusted. Benefit costs increased 2.2
percent and continued to substantially outpace the 1.0-percent gain in
wages and salaries for civilian workers in March.
Employer costs for benefits account for nearly 30 percent of compensation costs and include such items as health and other insurance, retirement plans, paid leave, and legally required benefits like Social
Security. For the year ended March 2003, benefit costs increased 6.1
percent, greater than the 4.9 percent gain for the year ended March 2002.
Much of the increase in benefit costs stemmed from the continuing rise in
the costs for health insurance and the recent upturn in retirement costs,
particularly for defined benefit pension plans.
Reveille
eQuest, job posting distribution services firm, adds Preferred Jobs to its network of job sites. Preferred Jobs specializes in supporting regionally focused job boards in specific U.S. city and State locations.
Employease, a provider of on-demand HR and benefit administration solutions, releases its Leave Management, an application designed to more effectively manage paid time off information for analysis, reporting, and financial planning.
The Cluen Corporation, developer of software solutions for the recruitment industry, adds Searchlight Résumé Firewall technology to its Encore Recruiting Platform, which allows Encore users to review and update their own information and can verify and update recruiting-specific data, such as compensation, competencies, recent experience, and certifications.
Monster Deletions
CNET reports that Monster, in efforts to comply with Federal regulations, had deleted references to certain countries, such as Iran, Syria, Sudan, Myanmar, Cuba, Libya, and North Korea, from job postings and resumes. Monster's move was to be in compliance with a Federal list of sanctioned countries that restricts certain business with U.S. companies.
ZDNet-UK reports that the company has partially backed away from its decision to limit certain nations.
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