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Today's
Electronic
Recruiting
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Author: D

interbiznet presents the Bugler
August 09, 2005
Bert and Ernie
Introducing BERT, an online companion for ERNIE. Read Electronic Recruiting News by John Sumser for industry insight and analysis.
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Reveille
The Employment Guide announced expansion of its circulation to include Charleston, South Carolina as part of The Employment Guide's extensive circulation area that includes 61 markets nationwide with a distribution of over two million copies per week.

CDI Corp. (NYSE: CDI) reported earnings for the second quarter ended June 30, 2005 and announced a quarterly cash dividend. For the quarter, the company reported net earnings of $4.0 million, or $0.20 per diluted share, on revenues of $286.4 million.

H3.com - a referral-based network recruiting tool.

Simply Hired has raised $3 million in a Series B round of angel financing.

51job, Inc. (Nasdaq: JOBS ), a  provider of integrated human resource services in China, announced  financial results for the second quarter ended June 30, 2005.

Yahoo launched the beta version of its publisher network that should soon be competing with Google's Adsense.  The service is designed to let publishers access Yahoo's ad products and content through a self-serve platform. The company said the beta offering will be available in the U.S. only through invitation. With this move, Yahoo is entering a territory that has been dominated by rival Google, which provides text-only ads to small content sites, including blogs.

Job search vertical Indeed.com has added several "hundred new job sources in the last month including the career pages of most of the Fortune 500."

Deck Chairs
Ajilon Professional Staffing announced Doug Arms has rejoined the company as its new chief talent officer (CTO) to lead its talent acquisition, retention and succession planning strategies and initiatives.

Survey Sez
Every month, in collaboration with the Institute for Workplace Studies (IWS), CAHRS identifies the ‘Top 10' news items from the IWS News Service covering key workplace issues.

  1. Win-Win Workplace Practices: Improved Organizational Results and Improved Quality of Life September 2004, Report to U.S. Department of Labor, Patricia S. Reed, and Shirley M. Clark
    Summary: This paper seeks to provide to the public an understanding of the type of workplace that improves the employer's bottom line and the employee's quality of life.

  2. Calling a Change in the Outsourcing Market; The Realities for the World's Largest Organizations 20 April 2005, Deloitte Consulting Summary:While outsourcing has become a dominant trend, emerging evidence indicates that results have been mixed, and there are few in-depth studies that can help senior executives recognize the inherent complexities and common pitfalls of outsourcing.

  3. Work and Leisure in the U.S. and Europe: Why So Different? Issued in April 2005, (NBER Working Paper No. 11278) Alberto Alesina, Edward L. Glaeser, and Bruce Sacerdote
    Summary: Americans average 25.1 working hours per person in working age per week, but the Germans average 18.6 hours. The average American works 46.2 weeks per year, while the French average 40 weeks per year. Why do western Europeans work so much less than Americans?

  4. Downsizing Looming and Decline in Pharmaceutical Sales Rep Jobs for Class of 2005 12 April 2005, Hay Group study predicts job growth in specialty pharma and biotech sales force
    Summary: Hay Group, a global organizational and human resources consulting firm, predicts a shift in job opportunities for those pursuing careers in pharmaceutical sales. There will be greater demand for experienced sales staff in the biotech and specialty pharma sectors and declining opportunities for recent college graduates.

  5. Missing Variables in Theories of Strategic Human Resource Management: Time, Cause, and Individuals 2005, CAHRS Working Paper 05-03, Patrick M. Wright and John J. Haggerty
    Summary: Much progress has been made with regard to theory building and application in the field of Strategic Human Resource Management (HRM) since Wright and McMahan's (1992) critical review. While researchers have increasingly investigated the impact of HR on economic success within the Resource Based view of the firm, and have developed more middle level theories regarding the processes through which HR impacts firm performance, much work still needs to be done. 

  6. CEO Pay, Company Performance Show Close Alignment for 2004, United States 11 April 2005, New York, Mercer issues annual study of CEO compensation at large U.S. firms
    Summary: Many changes made to CEO compensation programs in recent years were designed to forge a stronger connection between CEO pay and overall company performance. Those efforts appear to be having the desired effect.

  7. A Brief Look at Contemporary Issues in Employment and Workplace Policy March 31, 2005, Employment Policy Foundation, Rising Benefit Costs Crowd Out Wage Growth
    Summary: While growth in employer health insurance costs has dipped into the single-digit range, the 8 percent rise in employer health care expenses in 2004 continues to crowd out growth in wages.  This fact sheet shows the relationship between rising health care cost and declining wages in 2004.

  8. Annual review of working conditions in the EU 2004-2005 (report), European Foundation for the Improvement of Living and Working Conditions (Dublin Foundation), Weiler Anni
    Summary: This second annual review of the European Working Conditions Observatory (EWCO) summarizes the main developments, at EU level, in the area of working conditions and quality of work and employment. 

  9. Achieving Gender Balance Strategies for Competitiveness 11 March 2005, European Monitoring Centre on Change (EMCC); Four company case examples and
    Summary: In a seminar organized for members of its Company Network, the European Foundation for the Improvement of Living and Working Conditions explored corporate practices leading to a better work-life balance for women and men, while also contributing to enhanced competitiveness and human resource management models in European countries.

  10. U.S. Multinationals Dramatically Revising Stock Option Awards For Non-U.S. Executives 28 February 2005, Towers Perrin, survey finds companies do not have to overpay in order to remain competitive
    Summary: U.S. multinationals are no longer granting U.S. levels of stock options to their international executives, but instead are setting option award sizes closer to local market practices in other countries, according to Towers Perrin's Global Long-Term Incentive Policies Survey. The survey, which included 75 multinational respondents with median sales of $16 billion, found that 39% of companies have or will move to an approach of differentiating option grant sizes by geography. This represents a substantial change in practice.

You Should Know

Canada:

  • For working people and people in the labour movement looking for a job market that produces good, well-paying, family-supporting jobs, the good news in this month's labour force statistics is, once again, dampened by two factors: too many are left behind and the quality of newly-created jobs is questionable. The unemployment numbers - Statistics Canada's Labour Force Survey reports that in July 2005, last month, unemployment edged up slightly to 6.8% from a rate of 6.7% in June. (PRDirect)

     

China:

  • Non-competition agreements (NCA) companies use to prevent key personnel from taking positions with competitors will become an increasingly important part of the Chinese IT industry, but are unlikely to hinder overall growth, experts told Interfax. (InterfaxChina)

Global:

  • Stupid HR Tricks: Can your highly trained human-resources professional do this? Or has he already? (FastCompany)

  • Newspaper websites have been vital in building the credibility of online news, says Times Online's editorial director Peter Bale. He tells dot Journalism why it is essential to protect a trusted brand by retaining editorial control over blogs and reader-generated content. (journalism.co.uk)

  • So, how will the specialization trend play itself out in search-engine land? How will Google, Yahoo!, MSN and others respond to the competitive threat posed by vertical search? (Physorg)

  • Newly released court documents reveal that Google anticipated a fight when it hired away a top Microsoft executive to lead a new research and development center in China. (International HeraldTribune)

  • For the small marketer, the price of reaching customers directly has dropped. Large corporations, though, are picking up on these technologies rapidly. To truly gain an edge, the small business person needs to develop a strategy for these channels before the big companies figure them out. (WebPro)

India:

  • Brainbench certification in India surged 300 percent in the past two years as the country leads US in six skill areas, including all three Java programming competencies. According to Brainbench's 2005 Global Skills report, India is second to the US. Drawing on the employment skills certifications of over 300,000 people from 179 countries, the report said that the US, India, and Russian Federation have consistently been the countries with the most Brainbench certifications. (CIOL)

Japan:

South Africa:

  •  Delivering her maiden speech as deputy president on Thursday, Phumzile Mlambo-Ngcuka challenged opposition parties and the private sector to ensure women accounted for 50 percent of their labour force. (iafrica)

 

UK:

  • London's workforce grew by 2,400 people last month, matching exactly the number of new jobs created. (London Free Press)

  • The employment rate is beginning to fall but unemployment is roughly unchanged, according to the latest figures from the Office for National Statistics. (politics.co.uk)
     

USA:

  • Like the rest of the developed world, the U.S. faces some dramatic demographic changes, which may drastically impact the government's budget, the fate of retirement assets, and the performance of financial markets, including the behavior of the investment community. These demographic shifts center on the aging and imminent retirement of the baby boomers -- the 80 million-or-so Americans born between 1946 and 1964. (BusinessWeek)

  • James Kwun, a 35-year-old Californian with wispy black hair and slightly graying sideburns, is the definition of the Craigslist-made man. In just a few months, he has used the Craigslist Web site to unload all his possessions, move across the country to New York, find a job, secure a loft apartment above a fish market, meet friends and maybe find love. (News.com)

  • Microsoft, Google, Amazon and a few others sit at the top of the pyramid and want only the very top performers. There may always be a shortage of the kinds of people they are looking for, and there won't be any more of those overseas than there are here. (SeattleTimes)

  • Looking at most advertising for the U.S. Army these days, one would hardly know the U.S. was fighting a War. Messages play up skills training that will benefit enlistees when they get out, leadership development, college benefits. What is very hard to find in Army recruitment advertising is a message that might say, "Your Country Needs You Now." (BusinessWeek)

  • The unemployment rate for Hispanics dropped to 5.5% in July, according to data released today by the U.S. Department of Labor. The unemployment rate among Hispanics dropped from 5.8 percent in June, further narrowing the gap with the overall U.S. unemployment rate of 5.0 percent which was unchanged from June. Hispanics gained 75,000 new jobs in July, absorbing 17,000 Hispanics who joined the labor force. These new workers came from an increase in the U.S. Hispanic population of 89,000, though that also added 72,000 Hispanics that did not join the labor force. On an annual basis, employment of Hispanics has increased by 596,000 jobs, bringing the Hispanic unemployment rate down from 6.8 percent in July 2004 to the current 5.5 percent.  (HispanicBusiness.com)

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The 8th Annual Recruiting & Staffing Summit
September 19-21, 2005
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Staffing.org's
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September 21 - 23, 2005
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Employers of Excellence Conference 2005
September 25-27
Pointe South Mountain Resort
Phoenix, Ariz.
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Leadership Summit Network of Executive Women
Success Strategies
September 26-27 , 2005
Renaissance Concourse Hotel, Atlanta, GA.
Contact Executive Director Joan Toth at
(312) 373-5682 www.newonline.org
OnRec Online Recruitment Conference
October 6, 2005
Brussels Marriott Brussels, Belgium
£265.00 +VAT (370.00 Euros)
More Info
Register: +44 (1702) 382330, or
email wendy@OnRec.com
Talent Management, Leadership Development & Succession Planning in the 21st Century
October 5-7  2005  
Phoenix Marriott Mesa, Phoenix, AZ, USA
$2418
Learn More
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International Association for Human Resource Information Management (IHRIM) Global Forum
Oct. 6-7, 2005
Boston, MA
$710
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8th Annual
HR Technology Conference & Exposition
October 19 - 21, 2005
Chicago's McCormick Place
Learn More
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HRO World Europe
November14-16, 2005
Conrad Hotel Brussels, Belgium
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