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Today's
Electronic
Recruiting
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Author: Donna Troisi

interbiznet presents the Bugler
June 16, 2005
Driving Traffic 5
Read Electronic Recruiting News by John Sumser for industry insight and analysis.

Reveille
T
he Austin American-Statesman has selected AdStar's Web-based ad transaction technology to power its recruitment classified advertisement sales.

The Monster Employment Index Europe report for May is available online. Visitors can subscribe to receive future European Index reports, as well as any or all of the five country-specific and four native language Index reports, via email.

Catenate  has just acquired and released new 2005 – 2010 demographic estimates and projections. The new reports and maps, available online, can be obtained on an "as-needed" basis starting at US $50.

For the third consecutive year, Manpower was named the most admired company in the temporary help industry in Fortune Magazine's list of America's Most Admired Companies.

Flashvue Video Recruiting launches Video Recruiting Service. Using a national network of recording kiosks, Flashvue integrates various technologies to create and serve video profiles and/or interviews that capture the job candidate's people skills, unique persona, and organizational fit.

GJobs offers free skills testing which allows candidates to privately assess their own personal skills and optionally release these test results for viewing by recruiters and employers.

Coming Soon
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Stanford Innovation Summit, Stanford University
July 19th-21st, Frances C. Arrillaga Alumni Center
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Webinar: HRXML
Stepping Up To WS Security
June 29, 11:00 am Pacific/2:00 pm Eastern,   Free
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Survey Sez
The looming shortfall of skilled labor in the U.S. will cost manufacturers an average $50 million from their bottom lines.

In the survey of  senior manufacturing executives, with titles of CEO, CIO, Vice President and Plant Manager, ATS asked: Forecasts indicate that during the next five years, approximately 40 percent of your skilled labor force will retire. What do you anticipate the retirement of 40 percent of your skilled labor force will cost your company in these five years?

A majority of those surveyed - approximately two-thirds - say the crisis will cost them, on average, $50 million. Yet 46 percent of the respondents with more than $1 billion in revenue predict their costs will be much deeper - more than $100 million in the next five years. The survey also found that among discrete manufacturers, automotive manufacturers will be impacted the most, followed by ball and roller bearing makers, metal valve manufacturers and engine and transmission manufacturers. (ATS)

DiamondCluster International's annual study of information technology outsourcing found that the number of buyers satisfied with their "offshoring" providers has fallen from 79 percent to 62 percent. In addition, the number of buyers prematurely terminating an outsourcing relationship has doubled to 51 percent.

You Should Know
Australia:
The Federal Government does not understand the reality of skills shortages facing the oil and gas industry. (ABC News Online)

Bulgaria:
The jobless rate in Bulgaria's villages is about 35%. (Sofia News Agency)

California:
The state's share of information technology jobs posted on major Internet job boards rose to 26.1 percent in May, up from 23.6 percent in April. (Nimblecat)

India: India can't find enough qualified candidates to fill all the jobs Western companies want to send there. (Mercury News)...the country expects to add one million new jobs by 2009, but that one quarter of these jobs will go unstaffed (Line56)

Global
: Traffic Generation (SelfSEO)

UAE: Workforce participation of women in the UAE  has increased  5.4 per cent in 1995 to 16 per cent in 2004, but it has also brought along bad tidings —  the fertility rate has dropped sharply. (Khaleej Times)

UK:
There is a ten-fold ability gap between the best developers and the worst, and poor developers create additional risk with un-maintainable bug-ridden software. Yet when it comes to measuring the abilities of contractors, companies are underperforming while still being careful to tick the process boxes required by their in-house quality systems. (Contractor UK)

UK: Outsourcing has become an "accepted and entrenched" practice among UK companies, according to research by recruitment specialist Manpower. (Scotsman)

UK: According to a recent report by SHL, British companies are wasting more than £12b a year on recruitment mistakes. This figure, the equivalent of 1.6% of UK GDP, was arrived at by calculating the amount of time managers and supervisors  addressing issues caused by the poor performance of employees that are ill-suited to the job. (Creative Match).

US: The movement of the American labor force toward Third World occupations in domestic services has dire implications both for US living standards and for America's status as a superpower. (Baltimore Chronicle)

US: Greg Welch,  a partner in the Chicago office of Spencer, Stuart  has placed more than 100 CMO's -- chief marketing officers -- in their posts at Fortune 500 companies. (Chicago Sun Times)

Wisconsin: A good top level look a the state's labor supply and issues. (WisBusiness) Drop A Note
your company news, personnel changes, placements, and other tidbits of interest. News you'd like to see covered that we haven't? Let us know.




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