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Reveille and Hyperbole
Market10 Closes $13 Million Investment Round
Investment supports staged, nationwide availability for HR professionals and qualified job seekers
Market10™, the revolutionary new job marketplace that combines extensive matching technology with The 10 Dimensions of a Good Job Fit(SM), today announced it raised $13 million in its second round of financing. Menlo Ventures led the financing round, which also included a second investment by New
Enterprise Associates (NEA) of Baltimore , MD. This funding enables Market10 to continue establishing the new job marketplace. It comes on the heels of Market10's successful test market in Metro-D.C. and brings the total funds raised to date to $21 million.
Sendouts LLC, provider of Sendouts Pro, Applicant Tracking Software for recruiting and staffing agencies, again leads the way in government compliance. The latest update for Sendouts Pro gives all current users, and future users, the
ability to adhere to the guidelines set forth by the OFCCP in regards to Internet Applicants.
Now in its fourth year of operation, TopUSAJobs.com, the first and largest cost-per-click Job Board, has increased its listings to more than 500,000
career opportunities. These are all performance based job listings and not an aggregate of jobs spidered from the Internet. Along with its network of job boards and affiliate sites, TopUSAJobs.com attracts several million candidates to view and apply for a variety of job categories -- ranging from hourly and
entry-level jobs to $100k+ senior executive opportunities.
The Human Capital Institute (HCI), a global professional association and educator in talent management strategies, and SkillSurvey, a leading provider of online reference checks,
announced today that SkillSurvey will support HCI initiatives as a global underwriter, helping bring the latest human capital education, metrics, and tools to leading corporations.
Playing it safe is perilous to an HR professional's career today, and Axiome Sourcing has released an antidote to transactional paralysis with its
business intelligence solution ARMS(sm). "With labor shortage in the US of 10 million jobs looming by 2012, human resource professionals must reposition themselves from transactional overseers to transformational forward
thinkers in order to solve the new challenges facing their companies today and gain a seat across the table from executives," said Nancy Morales, President and Founder of Axiome Sourcing. "ARMS(sm) frees HR specialists from transactional tasks, like requisition management, to focus on critical employment
strategy while keeping a pulse on all outsourcing or contingent labor activity."
HireDesk™ a division of Talent Technology Corporation (TTC) and an award-winning provider of recruitment and hiring software solutions, today announced the launch of Pulse™, a process designed to monitor and update the industry on issues of interest to recruiters, talent
acquisition professionals, and their management teams. The initiative will be undertaken by the recently established TTC Knowledge Center.
Axsium Group to Host Free Webinar on Enterprise Attendance Management Featuring a Case Study on June 8, 2006 at 2:00 p.m. Eastern Time. In many industries, turnover and absenteeism are significant sources of unproductive labor cost. Most
companies have a desire to reduce turnover and absenteeism but are not equipped to identify the causes or offer tangible solutions. This webinar, hosted by Axsium Group,
will present an approach to dramatically reducing turnover and absenteeism through Enterprise Attendance Management.
Each year, 80% of all employees need to work shortened workdays because their child care or elder care arrangements fall through -- hurting productivity and costing employers billions of dollars per year. Workplace Options,
the largest provider of work-life employee benefits in America, is tackling this issue by adding a new back-up care solution to their comprehensive work-life benefits portfolio.
More than 250,000 veterans are homeless and unemployed after returning from war, and The Destiny Group has teamed with the U.S.VETS organization to end this injustice.
Does your organization have a culture of diversity and inclusion? If not, you may be missing out on attracting and retaining high-potential diverse employees, as well as attracting new customers, said Howard Ross, president of Cook Ross, Inc., one of the country's leading
diversity training and consulting companies. Ross will discuss why diversity training and education benefits the bottom line and how an organization can practice daily
cultural competence in its monthly web seminars in June. "Translating Cultural Competency Into Organizational Effectiveness," will be held Wed., June 7 from Noon to 1:30 p.m. and includes 0.15 CEU. Another seminar, "Making the
Case for Cultural Competency," which is geared to health organizations, will be held Wed., June 7, at 2:00 p.m. Both are free.
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You Should Know:
China:
China's software outsourcing market reached RMB 2.59bln in Q1
The market size of China's software outsourcing services reached RMB 2.592 billion in the first quarter of 2006, increasing by 43.9% over the first quarter of 2005 and 2.1% over the fourth quarter of 2005, said IT research firm Analysys in a report. The report said China's software
outsourcing market concentration is low - the top 10 software outsourcing service providers' market share accounted for only 19.2% of the market total in the first quarter. (China Knowledge)
Global:
Why Infor wants to be third in ERP line
The real winners of the Infor-SSA Global deal could be SAP and Oracle.
When Infor CEO Jim Schaper last week declared that his firm was now the third-largest enterprise software provider in the industry, he could have added "and the third-least well known" and people probably wouldn't have been surprised. How many people can honestly say they actually had heard of Infor until
last week? For those of you who still haven't, last week Infor announced it was buying SSA Global Technologies in a deal worth around US$1.4 billion. The combined company can now indeed lay claim to being number three in the enterprise software market, behind the big guns of SAP and Oracle, albeit a distant
third. (ITP.net)
Data Accuracy, Privacy Key at IHRIM Gathering
The critical role that the privacy, integrity and protection of employee data plays in organizations was the focus of several sessions at the International Association for Human Resource Information Management conference in Washington, D.C., last month. At a time when HR software vendors tout "strategic
applications" such as performance management and workforce analytics, many companies are wrestling with a much more basic challenge: making sure their information is consistent and their figures add up. (Workforce)
India:
In the hiring line
IT big daddies are hiring heavily... but the second-rung companies are not unduly worried about employee crossovers.
That the job market is sizzling is indisputable. Tech companies, the largest private sector recruiters in the country, have announced mega plans to increase their manpower. The Big Five in the Indian IT sector are expected to hire about one lakh software engineers in the coming year. While buoyancy in the
job market is good news all round, would this mean that the second layer of tech employers have to keep a watch over their resource pool? Though campus hires would form a good 70-75 per cent of the new hires, the big boys would still be looking for talent among those with 1-3 years' experience and no better
source than Tier II companies, say industry experts. "Poaching is harsh reality and we have to live with it," says Kris Lakshmikanth, Managing Director of the Bangalore-based Headhunters India. (Hindu Business Line
Sri Lanka:
Beware of bogus recruiters, Sri Lanka's Foreign Employment Bureau says
The Sri Lanka Foreign Employment Bureau says it has granted permission only to three institutions to recruit Sri Lankans for employment in the Korean Republic. These three firms are the Sri Lanka Foreign Employment Bureau, Sri Lanka Foreign Employment (Pvt) Limited, which comes under the Ministry of
Foreign Employment Promotion, and George Stuart (Pvt) Limited. (ColomboPage)
US:
Web sites now drive apartment rentals
As luxury apartment rents climb toward the $1,000 level and higher in Volusia-Flagler's tightening market, many tenants are turning to the Internet for help in landing a good deal. (Daytona Beach
Journal)
Craigslist can show the trends
They are single, gay, straight, biracial, conservative, liberal and tattooed -- and they have as many preferences for a potential roommate as an online dater has for a potential lover. They are bankers, fetishists, self-declared nerds and drug users. They have old wounds and new hopes, and are willing to
barter their cooking and sexual expertise for free or discounted rent. They are all seeking and selling housing on craigs list.org, an electronic listing service with sites in all 50 states and more than 200 worldwide. And because users pay nothing (for now) and are able to go on at length about who they are
and what they want, their postings provide a sociological window into housing trends and desires across the country, from the neon cityscape of the Las Vegas Strip to the wheat fields of Wichita, Kan. (Orlando
Sentinnel)
Finding skilled machinists challenge for medical firms
Steven Dittmer is a machinist and supervisor at Micropulse in Columbia City. Machinists are in demand at several area medical companies.
For skilled machinists such as Jason Wolfe, finding work around Warsaw isn't a problem. The bevy of expanding medical-device manufacturing companies clustered from the Kosciusko County city to Columbia City provides ample opportunities. Although Wolfe, 27, says he is happy in his position at Pierceton-based
Paragon Medical Inc., he admits it wouldn't be difficult for a qualified machinist who felt otherwise to find a job on short notice. (Journal Gazette)
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Deep Release:
Hyrian OnDemand Reveals Five Big Ways Small Businesses Can Compete with Fortune 500 to Recruit Top Talent
Despite Critical Talent Shortage in Current Hiring Season, Recruitment Process Outsourcing Experts at Hyrian Say Small Businesses Can Have Major Advantages over Large Corporations
With a robust economy and the nation experiencing exceptionally low unemployment rates, companies of all sizes face an increasing talent shortage during the current hiring season. But small businesses have several advantages over big corporations when it comes to hiring, according to Daniel Solomons, CEO
and president of Hyrian, a U.S. leader in Recruitment Process Outsourcing (RPO).
"When hiring, smaller businesses should showcase their smallness," said Solomons, "particularly in terms of their flexibility and direct communication lines to management." Adding, "By their very nature, these companies can be more attractive to employees who value personal attention and seek a faster
career path, which more and more job seekers say are the biggest draws. Small companies can think big by accentuating the many positives they have to offer."
When it comes to winning over the best and the brightest in a tight marketplace, Hyrian identifies five ways that small business Davids can outsmart the big corporate Goliaths:
1. Take advantage of your ability to hire faster than the big
companies.
Without hiring committees and hierarchies in the way, small
businesses have the ability to move more nimbly in their personnel
decisions. Corporations generally must deal with multiple rounds of
interviews and approvals. Consequently, large corporations can
leave candidates waiting for longer periods of time before making a
decision. Small and mid-size businesses with less disagreement and
virtually no red tape can act quickly to secure quality hires and
make them feel valued.
2. Demonstrate your company's hands-on, active approach to
recruitment.
A major mistake by large corporations is making their employees
feel like just another number. Small businesses can appear more
personal, and the hiring process is the first way to demonstrate
how involved top decision makers are with their staff. Because
smaller companies have more line-of-sight management, the CEO
usually will work side-by-side with employees at every level. As
such, when it comes to interviewing, the highest level person
available should meet with job candidates and take an active role
in follow-up. And while a corporate CEO likely will not follow up
with a candidate after the interview, decision makers at a small
business can keep the lines of communication open and steady with
leading candidates, making an immediate, positive impression.
3. Emphasize the more immediate professional opportunities at your
small business.
Because of its entrepreneurial environment, a small business
should highlight opportunities for quicker advancement and the
chance to maximize one's career potential. With less bureaucracy
and conflict in a small business environment, employees have a
greater ability to test new ideas or business practices and work
independently. In smaller businesses, employees can actually see
their direct impact upon business practice and performance.
4. Show how the company cares, and play up your unique perks and
personality.
One of the most important factors of a job is the work environment
itself -- how employees feel about the company. Small businesses
can showcase aspects of their unique environments, from casual
dress to company-paid gym privileges, or pizza Fridays, free snacks
and beverages, and employee and family-oriented events that often
are a direct reflection of the personality of the company founders.
Adding up all the little things that small businesses can support
means a lot to potential employees, particularly job switchers wary
of a strict corporate environment. While a small business might not
offer better benefits on a line-by-line basis, these perks can well
differentiate the quality of life between a small business and a
large corporation.
5. Illustrate your small business' stability by being prepared to pay
more.
Just because a company is small does not necessarily mean it is
unstable or offers a less professional work environment. Although
big corporations have deeper pockets and more extensive formal
benefits, often it is the small businesses that can offer the
better quality of life. Many job candidates cite "stability" and
"quality of life" as huge draws, thus making it critical for a
small business to underline their own strengths and unique measures
of success. Know the going salary rates for qualified team members
and be prepared at minimum to match it -- if not offer more money
-- in order to make sure you get the best talent.
"Small businesses are so diverse that there are no universal rules of thumb," concludes Solomons. "There's also a lot of subjectivity that comes into play, but the bottom line is that we know the Davids of the business world can compete with Goliath."
Faced with the talent drain, most employers will require the depth and reach that only can be obtained by RPO. In fact, last year alone, more than 12,000 hires in 48 states were secured through Hyrian. Founded in 1997, Hyrian services the nation from its offices in Los Angeles (headquarters) and Plymouth,
MN, and will open its New York office later this year. The company is growing dramatically and is in the same position as many mid-sized businesses, seeking top talent every day. Hyrian has more than 130 employees, is currently adding 125, and expects to grow to 330 by early 2007. The company's OnDemand
Division launched in February and is specifically designed for small and mid-size companies with 100 to 5,000 employees.
Coming Soon:
NACE National Meeting & Expo
Anaheim Marriott/
Anaheim Convention Center
May 30 - June 2,
2006
More
Info
Register
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3rd
Annual Best Practices in Talent Management, Leadership Development and
Succession Planning Conference
25th - 26th May 2006
Barcelona,
Spain
£2006.57
Register |
Hunt Scanlon Advisors
present
Generating Higher
ROI on Human Capital
June 7,
2006
Chicago |
OnRec
Online Recruitment Conference
Queen Elizabeth II Conference
Centre
June 20
Westminster, London
contact:
Chris@OnRec.com
More Info
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2006
EREC
21-22 June 2006
ExCel
London,
UK
Register
|
SHRM's 2006 Annual
Conference & Exposition
June
25-28
Washington, D.C.
$1,350
Read more
Register
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OnRec Expo 2006
12-13 September 2006
Donald E. Stephens Convention
Center
Chicago
Register
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2006
Strategic HR Conference
October 4-6, 2006
Westin Kierland
Resort
Phoenix, Arizona
|
Human Resource Executive's
9th Annual HR Technology®
Conference
Oct. 4-6, 2006
Navy Pier in Chicago, IL
$!095
Register |
2006
SHRM Workplace Diversity Conference
October 16-18, 2006
Century Plaza Hotel
and Spa
Los Angeles, California
|
Hunt Scanlon Advisors present
"Defining
Leaders"
New
York city
October 18 - 20, 2006
New York Palace
|
HR.com's Employers of Excellence 2006
October 25 - 27,
2006
Red Rock Resort
Las Vegas, Nevada
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