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Electronic
Recruiting
News

John Sumser presents the interbiznet Bugler

interbiznet presents The Bugler

July 11, 2006
 
It's Not Paper
Read John Sumser's Electronic Recruiting News.
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New Special Editions:   Talent Management Special Edition (PDF)
Demographic Surprises Report (PDF),  Trends In The Changing Workplace
(PDF)

Reveille and Hyperbole:
noababoa launched a new web-based service (www.noababoa.com) in the San Francisco/Silicon Valley area that addresses a market need: It connects certified, insured handymen, contractors, painters, movers and other service providers to property managers, home owners, realtors and others seeking these services.

Taleo Corporation (TLEO), the leading provider of on demand talent management solutions, today announced the expansion and move of its corporate headquarters to San Francisco's East Bay. Located just outside San Francisco in the heart of the country's famous East Bay technology corridor, Taleo's new headquarters includes nearly 35,000 square feet of office space to accommodate its expanded operations and growing customer base. As a lead tenant in a prestigious technology environment, Taleo has positioned itself for current and future growth in one of the most talent rich and accessible addresses in California.

Montgomery & Co., LLC, a leading investment bank for growth companies in the information technology, communications, healthcare, and media sectors, announced today that Senior Research Analyst John Torrey has initiated coverage of Taleo Corp. (TLEO -- $11.71). Founded in 1998, Taleo develops, markets, and sells on-demand applications for talent management, including contingent labor procurement and onboarding. Based in Dublin, Calif., the company has more than 500 customers, approximately 500 employees, and a total revenue base of nearly $80 million.

Parsons has deployed SumTotal's Enterprise Suite (SUMT), a software platform for managing talent as well as analyzing, storing, and delivering learning. Parsons plans to use the software to provide learning and development programs for its employees and contractors.  "Our capacity to design, build, and operate diverse facilities and infrastructure systems hinges, in part, on our employees' ability to continue to develop their project management skills and expertise," said Stacey Williamson, manager of Online Training for Parsons Corporate Training and Development. "We plan to use Enterprise Suite not only to boost the efficiency of our project management program but also to analyze the results of the high-level instruction."

SkillSurvey, Inc., the leading provider of intelligent web-based reference checking solutions, today publicly announced the launch of a Free Trial program for their newly renamed EZreferences solution, formerly known as eReference.
SkillSurvey received VC funding in December of 2005 after accumulating an impressive client roster of industry leaders like AXA, Emerson, Quest Diagnostics, Citigroup, Monster.com, USI, Honeywell, Cardinal Health, PSEG and many others.

PeopleFilter(R) Technology, developers of the PeopleFilter applicant tracking system, announced the general availability of Sourcing Accelerator (TM), a recruiting tool designed to solicit potential candidates from non-traditional sources by introducing them to an opportunity in a softer, faster and easier method than a traditional want advertisement.


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Deck Chairs:
Cadence Group®, a woman-owned $3.5 million information management firm based in Atlanta, is pleased to announce that Belinda DeLisser, a staffing professional, has been named Staffing Services Manager.....Pinstripe, Inc., a leading recruitment process outsourcing (RPO) and recruitment services firm, today announced the addition of Mitch Wienick to its Board of Directors. Wienick is currently a partner at Kelleher Associates, Inc., the leading Philadelphia-based independent provider of customized career management and executive coaching services for senior executives....Select Staffing Solutions Inc. has announced the appointment of David Rice of Medway as vice president.....

You Should Know:

Cayman Islands:
Rollover adds to HR crisis

Immigration policies are just one issue adversely affecting the management of staff in the Cayman Islands according to a Human Resource specialist. Rollover may be adding to an employee crisis which is further compounded by mismanagement and misunderstanding about what employees want. Fifty per cent of the workforce is "disengaged" and feeling no loyalty to, or are feeling detachment from, their jobs according to experts. (Caymannetnews)

Global:
Staffing stocks mostly lower on weak jobs data

Shares of U.S. staffing stocks were mostly lower on Friday after the government reported weaker-than-expected jobs growth in June. Employers added 121,000 workers to their payrolls in June, the Labor Department reported, well below the 185,000 new jobs expected. Shares of Monster Worldwide Inc. , which runs the largest U.S. job recruiting Web site, were down 1.9 percent. Shares of Robert Half International (and Administaff Inc. each fell about 1 percent, but Manpower Inc. (MAN.N: Quote, Profile, Research) gained 0.3 percent. Rising interest rates and high gasoline prices are behind the slowdown in job creation, while seasonal factors are also in play, staffing company executives said. But they said their business remains strong and a pick-up in jobs creation is likely in the second half of the year.
"Companies that may have anticipated greater hiring needs have pulled (back) on the reins," said Steve Wolfe, executive vice president of specialty staffing company Hudson Highland Group Inc.  (Reuters)

Nine Marketing Keys To Your Best Year Ever
Marketing doesn't have to be expensive, difficult or complex, and it can be done successfully in a highly ethical, respectful manner. Yellow pages ads, television spots or private referral services are not only expensive, they tend to compromise your reputation – and the worst part is that they're not very effective. They may bring inquiries, but the vast majority will be "D" and "E" clients. In contrast, the best new business always comes from personal referrals; clients who come to you because they were referred by someone they trust, who in turn likes and trusts you. And your referrals will increase when you focus on developing stronger personal relationships with a larger group of good referral sources. In short, the most effective marketing is the most ethical, the most cost-effective, and potentially the most enjoyable! (Immigration Daily)

India:
Warning for job-hopping senior executives

Vikram Bhardwaj explains why senior professionals should refrain from changing jobs too frequently.
A Vice-President Operations at a large captive American BPO in Hyderabad quits in 2001 to join a third party set up in Delhi as COO. His family continues to be in Hyderabad. In March 2002, the person quits. Reason cited: business was not growing as envisaged. He is without a job for the next eight months and then finally joins as COO of a large IT company's BPO. The individual quits this company in October 2004 and moves on as Head of Operations in a smaller KPO. Reason cited: KPO is an exciting play. March 2006: Last heard, the person is no longer with the company. (ExpressComputer)

Internal transfers: managing complications
Internal transfers are an effective retention tool, but involve complexities that need to be addressed, writes Sudipta Dev

Why does an individual leave an organisation? The common reasons are very few: A more challenging assignment, problems with the immediate boss or more money. A professional rarely has problems with the company itself, it is the other factors that propel him to seek employment with another organisation. Most companies today realise that an active internal transfer programme is a strong tool to combat attrition to some extent, particularly for those who are looking out for a challenging assignment. Internal transfers are however a complex process. Apart from the investment of time and resources to train an internal transferee in the new line of business, it is not always easy placating a manager or department head to allow one of his best team members to be shifted to another division. (ExpressComputer)

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US:
Was Exec Demoted Because of His Race?

An African-American financial services executive was part of top management at his Oregon credit union­--until a new chief executive officer arrived. The CEO held a series of meetings that excluded the executive, during which a reorganization was planned. The executive finally learned about the reorganization--the day before it was announced. And he was the only officer demoted in the process. He sued for race discrimination. (HR.BLR.COM)

Spherion charts confidence decline
U.S. workers were less confident in the economy and their ability to find a job in June, a new survey shows. Spherion Corp. (NYSE: SFN) said its survey of 2,959 employed adults in the United States, conducted for it by Harris Interactive, shows 19 percent of workers believe the economy is strengthening. That's down 4 percentage points from May. Of those surveyed, 24 percent said they believe more jobs are available, down from 27 percent in May. Fort Lauderdale-based Spherion (NYSE: SFN) noted fewer workers were optimistic about their personal employment situation in June, as well. Of those the staffing firm said Harris surveyed, 56 percent reported confidence in their ability to find a new job. That's a 4-percentage-point drop from May. (South Florida Business Journal)

5 Dampers on IT Worker Confidence
For the fourth month in a row, technology professionals have felt more confident in their jobs than the U.S. workforce at large, according to the Hudson Employment Index for IT Workers released July 5. With a base score of 100, the IT index came in at 108.2, compared with the national index of 102.4. The trend of technology workers surpassing the larger market in security has had only one lapse in eight months. The numbers mesh with findings from Spherion, a Fort Lauderdale, Fla.-based staffing and recruitment company, whose IT Confidence Index was up 4.4 points in January to 56.8, with more workers reporting confidence in the economy and their employment situation. (eweekChannelInsider)

Pitch by police strikes a chord
Crowds at recruiting sessions in Puerto Rico are large and eager as Baltimore police seek Spanish-speaking officers
 In need of Spanish-speaking officers, Baltimore Police Department recruiters set up shop here at the Rio Piedras campus of Interamericana University.  What they found astonished them: applicants by the hundreds, packing classrooms in the stifling Caribbean heat to listen to the pitches from recruiters while wiping brows dripping with sweat. Many worked for the government, including local police forces. Some had left their posts and came wearing their uniforms and holstered sidearms, searching for new work and better wages in Baltimore. (Baltimore Sun)

Deep Release:
Spherion Employee Confidence Index Declines Two Points in June

Macroeconomic Confidence Drops to Lowest Level Since November 2005

-- Nearly Eight in 10 Workers Feel Their Jobs Are Secure

-- Fewer Workers Confident in Their Ability to Find A New Job

Following three months of tepid job creation, U.S. workers were less confident in the economy and their ability to find a job in June. As a result, the Spherion(R) Employee Confidence Index dropped two points to 56.7, a level that is 1.1 points lower than in June 2005. The recent survey of 2,959 employed adults in the U.S., conducted by Harris Interactive(R) on behalf of Spherion Corporation (NYSE:SFN), shows that only 19 percent of workers believe the economy is strengthening (a decrease of four percentage points from May) and 24 percent believe more jobs are available, down from 27 percent in May.

Fewer workers were optimistic about their personal employment situation in June as well. Fifty-six percent of workers reported confidence in their ability to find a new job, a drop of four percentage points from May. The percentage of workers confident in their employers' future was virtually unchanged at 65 percent (a drop of one percentage point from May).

"The latest Employment Report indicates a sizeable decline in worker confidence and it's not surprising given the effect of high energy prices this summer and the tepid job creation over the past few months," said Roy Krause, president and chief executive officer of Spherion. "But the economic picture is not as dreary as some may believe. The upward revision to first quarter GDP and increased job creation in June are signs that the economy has been and continues to be in a growth mode. This growth has resulted in greater corporate spending and a steady demand for skilled workers. Given the current situation, we see further job growth and economic expansion ahead."

The drop in overall confidence did not affect workers' outlook on their job security and had little impact on their plans to change jobs, however. The survey indicates that 78 percent of workers remain confident in their job security, a number that has shown little change in the past 12 months. In addition, 36 percent of workers said they were likely to change jobs in the next year, down two percentage points from May.

"One of the most telling signs from this report is that workers' job security remains very high. A high level of job security can be looked at as a sign of stability in corporate America and the economy in general," he said.

Results from the June Spherion Employment Report:

Employee Confidence Index:

Workers' Confidence Decreases in June The Employee Confidence Index was 56.7 in June, falling two points from May. The Index, which measures workers' confidence in their personal employment situation and the macroeconomic environment, may have decreased primarily because more workers reported doubt in the economy and their ability to find a new job. The Index is 1.1 points lower than the level recorded in June 2005.

Macroeconomic Confidence Index Decreases:
The Macroeconomic Confidence Index decreased to 40.3 in June, a 1.8-point drop from May, as more workers were pessimistic about the number of jobs available and the strength of the economy. The Index level is 2.3 points lower than a year ago. Specific findings from the Macroeconomic Confidence Index include:

  • 24 percent of U.S. adult workers believe that more jobs are available, down three percentage points from May. -- Only 19 percent of U.S. adult workers believe the economy is getting stronger, compared to 23 percent in May. --

Personal Confidence Index Drops:
The Personal Confidence Index was 73.2 in June, falling 2.1 points from May. A drop in the number of workers reporting confidence in their ability to find a job fueled this decline. The Index level is 0.1 points higher than in June 2005. Specific findings from the Personal Confidence Index include:

  • 65 percent of U.S. adult workers feel confident in the future of their employer, compared to 66 percent in May.
  • 56 percent of U.S. adult workers have confidence in their own ability to find a new job, down four percentage points from May.

Job Security Index: Workers' Confidence in Job Security Unchanged
For the second consecutive month, 78 percent of the U.S. workforce report that it is unlikely that they will lose their jobs in the next year. The Job Security Index is three percentage points higher than in June 2005.

Job Transition Index: Fewer Workers Planning to Search for New Job
36 percent of U.S. workers said they are likely to look for a new job in the next 12 months, compared to 38 percent last month. The Index is virtually unchanged from the level reported a year ago.

About the Spherion Employment Report

As part of the Spherion(R) Emerging Workforce(R) Series of employment surveys, the monthly Spherion Employment Report provides a snapshot of the latest workforce trends across the country and is issued in conjunction with state and national labor market releases. Three key indices are measured: the Spherion Job Security Index, which captures how likely respondents think it is that they will lose their job or that their job will be eliminated in the next 12 months; the Spherion Job Transition Index, which captures how likely respondents are to look for a new job in the next 12 months and the Employee Confidence Index that measures employees' overall confidence in the economy, their employer and their ability to find other employment. The Employee Confidence Index is calculated from the results of four components that reflect these aspects of employee confidence. For each component item a 'score' is calculated by taking the difference of the percentage of positive responses and the percentage of negative responses. These four scores are then averaged to indicate an overall level of employee confidence, with each score ranking on a scale from 0 (no confidence) to 100 (complete confidence). A reading above 50 indicates a positive confidence level.

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AESC Researchers & Associates Summit
September 21st, 2006
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email
cdavies@aesc.org  for more info
2006 Healthcare Staffing Summit
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2006 Strategic HR Conference
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Human Resource Executive's
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Nat'l Association of Personnel Services (NAPS)
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2006 SHRM Workplace Diversity Conference
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Hunt Scanlon Advisors present
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October 25 - 27, 2006
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New York City, NY
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Bangalore HR Summit 2006
December 15 & 16, 2006
Leela Palace, Airport Road, Bangalore-1,India
$250
Learn More

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 


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