Reveille and Hyperbole: Monster, the leading global online careers and recruitment
resource and flagship brand of Monster Worldwide, Inc. (MNST), and PayPal, announced PayPal will be available as a payment method on Monster's eCommerce
site. Monster becomes the first of leading online recruitment sites to offer
PayPal, a leading global online payment method that enables customers to pay for
items using their bank accounts, credit cards, stored PayPal balance or PayPal
Buyer Credit - without sharing their financial information with recipients.
Talent Zoo,
the leading online job board has long been known for its specialization and
"finger on the pulse" of the advertising and marketing industry, has been
collecting data on interactive salaries over the past few months and is ready to
release it to the masses. "Talent Zoo has seen an unprecedented amount of
confusion over what to pay this skill set, as well as an extremely high demand
for them. These two factors combined with the fact that the demand completely
outweighs the supply, we are seeing salaries skyrocket," says Amy Hoover,
Executive VP of Talent Zoo.
The Rainbow/PUSH
Wall Street Project, an initiative of the Citizenship Education Fund and The
New York Times Job Market, announced that they will collaborate to produce the
Wall Street Project/New York Times Job Market Career Opportunity and Development
Expo, to be held Jan. 8 at the Sheraton New York Hotel & Towers. Now in its
tenth year, the Expo, held in conjunction with the annual Wall Street Project
Conference, is an opportunity to bring talented minority men and women together
with corporations who share the belief that inclusion in the workforce leads to
economic growth.
Media General, Inc. announced that it has entered into a
strategic alliance with Yahoo! Inc. , joining
the recently announced national consortium of newspaper companies to deliver
search, graphical, and classified advertising to consumers in the communities
where they live and work. The national alliance now has more than 200
newspapers. Marshall N. Morton, president and chief executive officer, said, "We
are delighted to deepen our relationship with Yahoo!, with whom we have
collaborated on HotJobs in Tampa for over a year now. This new opportunity will
broaden our total online audience and provide us with enhanced technology to
meet the growing needs of recruitment advertisers and job seekers."
Deck Chairs: StepStone (OSE:STP),
a leading provider of e-recruitment software and services, today announced the
appointment of Dave Mutton as Marketing Director ofStepStone's Online business.
With over ten years experience in the technology and new media industries,
Mutton will assume responsibility for the marketing of StepStone's European
network of job boards in Austria, Belgium, Denmark, Finland, France, Germany,
Italy, Luxemburg, the Netherlands, Norway, Portugal, Sweden and
Switzerland....HotGigs® Inc.,an innovator in
web-based staffing solutions,has named Kevin Moldestad as senior
solutions sales consultant. Moldestad will lead outside enterprise-level sales
of HotGigs ContractCentral® (www.contract-central.com),
build a channel development strategy, and develop a national sales team....Kathryn
Kohler, Katonah, has joined WJM Associates, Manhattan,
as client partner-strategist. In this role, she will advise corporations on how
to connect their human resource and talent management goals with their overall
strategic business goals.
You Should Know:
Canada:
Economist answers your
questions on retirement Tuesday marks the end of mandatory retirement in
Ontario, and other provincial governments have already changed their rules in
anticipation of a looming labour shortage. Already, many people plan to work
past the traditional retirement age of 65, either because they can't afford a
life of leisure or because they enjoy working. "This new 'transition into
retirement' phase, where you consider yourself retired from your primary
occupation, yet you continue working, is a very interesting trend developing
with Canadian baby boomers," Peter Drake, Fidelity Investment's vice-president
of economic and retirement research, told theglobeandmail.com on Monday. A
new Fidelity survey found that 43 per cent of people plan on retiring before
they reach 65, and 19 per cent do not plan on ever retiring. (Globe
and Mail)
Hard at work, even in retirement
Retirement may conjure images of exotic travel and lingering lunches, but many
Canadians plan to keep working in their golden years, several surveys showed
Monday. The studies come a day before the Ontario government joins other
provinces in abolishing mandatory retirement, meaning employers can no longer
force someone into retirement on the basis of age. Governments are easing the
rules amid a looming skilled labour shortage in the country. Almost half of
Canadian baby boomers are planning to retire early, but an equal amount plan on
continuing to work in their retirement, a survey from Fidelity Investments
found. (Globe
and Mail)
Global:
Research projects vertical
search engine revenue will hit $1 billion by 2009
Revenue from b-to-b vertical search engines will reach $1 billion by 2009,
according to white paper by Slack Barshinger and SearchChannel. The document,
titled "The Emerging Opportunity in Vertical Search," analyzes 38 b-to-b
vertical search engines serving two dozen industries, including agriculture and
technology. Among the search engines studied were Business.com, SearchFinance,
ThomasNet and Zibb. According to the report, the number of b-to-b vertical
search engines grew by 26% in the past six months. (B2B)
Traditional Media's Murky Ad Forecast
What's this? The gelding Radio Advertising is running backwards as the horses
head for the 2007 turn and the 2008 stretch? Is it any wonder that it's about to
be caught by the sleek young filly, Internet Advertising? Perhaps you'd best not
think of this as a traditional horse race, however. It isn't. At least that's
the opinion of eMarketer, a New York research firm that recently added $500
million to its online advertising estimate for 2006. The figure projected by the
firm now stands at $16.4 billion, or about 5.8% of the $281 billion total for
all media in 2006. But even the revised figure -- along with a higher $17.4
billion level forecast by Forrester Research (Nasdaq: FORR) -- will still fall
short of the 6.9% of the total that probably will go to radio, at least
according to Interpublic Group's (NYSE: IPG) Universal McCann, which tracks
radio. (Motley Fool)
US: Pension
offerings continue to dissolve, but new laws reward employers whose workers pump
up their 401(k)s
More from Small Business The traditional pension plan has been getting weaker
for decades. Defined benefit pensions, in which you collect retirement checks
from a company plan based on how long you worked there and what you earned,
covered 41 percent of private-sector workers in 1978. Today, the figure is 21
percent–and falling fast. The Pension Protection Act of 2006, despite its white
knight of a name, probably sounds the death knell of the traditional plans
altogether. Soon enough, only government employees and a smattering of union
workers will have any hopes of the organization taking care of them in old age.
On that count, this year's pension reform law does help. In the defined
contribution retirement plans that are increasingly the norm, contribution means
you have to put money into the kitty. But nearly one-third of the employees with
access to a 401(k) plan don't contribute; those who do usually fail to put in
enough to reach their retirement goals. So, the new law encourages employers to
automatically enroll workers in a 401(k) plan unless an employee specifically
opts out. The opposite is the case now: You have to opt in. That change alone
will push 401(k) contributions significantly higher. (USNews)
U.S. FAA set to raise retirement age for pilots to 65: report
The U.S. Federal Aviation Administration, moving away from its long-standing
policy that airline pilots must retire at the age of 60, wants to let them work
in the cockpit for as many as five years longer, The Wall Street Journal
reported on Monday. The agency's emerging support for raising the mandatory
retirement age to 65 comes as foreign airlines and regulators are adopting
similar changes, said the report, which quoted industry and government
officials. (People's
Daily)
Stock Option Scandal Will Go on in '07
Toll of Options Timing Scandal Heavy in 2006; More Cases Expected Next Year
Eighteen CEOs swept out. More than a hundred public companies under federal
investigation and over $5 billion in profits erased by restatements. Indictments
so far: five former top executives at two companies, Brocade Communications
Systems Inc. and Comverse Technology Inc. The toll of the stock options timing
affair -- corporate America's scandal of the year -- has been heavy. Federal
officials say more prosecutions will be brought in 2007 over manipulation of the
timing of stock option grants to enrich top company executives. (AP)
Immigrant Labor Goes Online
The shady Internet world of immigrant labor agencies is hard to scrutinize, and
even harder to police
When Hurricane Katrina swept away buildings, homes, and infrastructure on the
Gulf Coast, it also drained a large pool of workers from the area. For months,
Ann Carroll, a recruiter for her son's Carroll Construction outfit in Ocean
Springs, Miss., ran newspaper ads to find laborers, but her phone wasn't
ringing. So earlier this year she decided to take her hunt online. Carroll
entered search terms like "construction laborer" and "Mexican workers" into
search engines, and landed on the Web site for Labormex Foreign Labor Solutions,
which recruits workers from abroad. Within days, she received a quote from the
company on the cost to bring 11 workers from Mexico to work for her company.
Carroll Construction paid Labormex $100 each for 11 workers and $1,340 to the
Homeland Security Dept. to participate in the H2B worker program. Labormex
handled visa processing for the workers, who each pay about $100 for their
visas. The Mexicans started their new jobs in October, 2006. (Business
Week)
Deep Release:
Global Manpower Employment Outlook Survey Reveals
Stronger Hiring Activity Ahead For Most of Europe and Asia Compared to One Year
Ago; Steady Job Outlook to Continue in United States
Employers are optimistic about adding to their workforces in
the first quarter of 2007, with those in 20 countries and territories reporting
more robust hiring plans than one year ago, according to the Manpower Employment
Outlook Survey of global hiring trends released today by Manpower Inc. (NYSE:
MAN). In contrast to the first quarter of 2006, European employers in 11 of 12
countries say they will boost year-over-year hiring activity, with employers in
Germany reporting a second consecutive quarter of positive job prospects. The
Manpower Employment Outlook Survey is the most extensive, forward-looking
employment survey in the world, gathering data from nearly 50,000 employers
across 27 countries and territories each quarter.
"The global labor market looks set for a positive start to 2007 with employers
in most of Europe and Asia planning to increase hiring compared to the first
quarter of 2006, and the U.S. job market continuing to plug along at a steady
pace," said Jeffrey Joerres, Chairman & CEO of Manpower Inc. "The German labor
market appears to be gaining momentum with a second consecutive quarter of
healthier job prospects ahead, while employers in Singapore and India are set to
accelerate hiring considerably from 12 months ago."
The first quarter of the year is historically a slow period for hiring in many
countries, as holiday workers finish their assignments and the colder winter
months inhibit work in the northern hemisphere in industries such as
agriculture, construction and tourism.
The Manpower survey showed the most optimistic hiring expectations for the first
quarter are in Peru, Singapore, India, Argentina, South Africa, Costa Rica,
Japan, Australia and New Zealand. Employers in Belgium, Costa Rica, Peru,
Ireland, Japan, Spain, Switzerland and South Africa are reporting their most
optimistic hiring plans since the survey began in these countries. In addition,
the survey was expanded to Argentina this quarter, where employer hiring
expectations are among the strongest in the survey.
Of the six countries surveyed in the Americas, Peruvian
employers are the most optimistic about adding to their workforces, while
employers in the remaining countries expect continued positive hiring activity.
The hiring pace is expected to be similar from one year ago in Canada, Mexico
and the United States.
"Although the overall hiring outlook remains healthy in the U.S., we are seeing
a little more caution by employers, especially in the Construction,
Manufacturing-Durables and Finance/Insurance/Real Estate sectors, where hiring
is expected to slow from both the fourth quarter and one year ago," said Joerres.
"On the upside, U.S. employers in the Services sector, as well as those in
Mexico and Canada, say they will continue their strong pace of hiring. Notably,
the Mexican labor market continues a strong steady growth trend that began in
third quarter of 2004."
Across the Europe, Middle East and Africa (EMEA) region, job prospects are
strongest in South Africa, Ireland, Spain, the United Kingdom, Sweden and
Belgium, while Italian employers report the weakest regional hiring
expectations. Employers in Norway are the only ones in the region indicating
that they will slow hiring from one year ago. This quarter's result from
Norwegian employers is the weakest in two years.
"Our data from the EMEA region shows notable strength in the Transport &
Communication and Finance/Insurance/Real Estate sectors where there should be
ample opportunities for job seekers throughout the region," said Joerres.
Meanwhile, on the other side of the globe, in Asia Pacific, hiring prospects
remain strong but are slightly weaker than three months ago. Compared to first
quarter of 2006, hiring is expected to improve in seven of eight countries and
territories surveyed. Hiring expectations are strongest in Singapore and India,
and weakest in Taiwan. Regional data was added for the first time this quarter
in China, where employers are the most optimistic about adding staff in Beijing
and least optimistic in Wuhan.
"The Finance/Insurance/Real Estate sector is the driving force in this quarter's
significantly improved employment outlook for Singapore, however, employers
across all industry sectors expect to accelerate hiring from 12 months ago in a
very tight market for talent," said Joerres. "The strong outlook in the Japanese
market is being fueled, in part, by the Wholesale/Retail Trade sector and in
India there is notable improvement reported in the Mining & Construction sector,
where employers expect to more than double the pace of hiring from one year
ago."
About the Survey
The Manpower Employment Outlook Survey is conducted quarterly to measure
employers' intentions to increase or decrease the number of employees in their
workforce during the next quarter. It is the most extensive forward-looking
survey of its kind, unparalleled in its size, scope, longevity and area of
focus. The Survey has been running for more than 40 years and is one of the most
trusted surveys of employment activity in the world. The Manpower Employment
Outlook Survey is based on interviews with nearly 50,000 public and private
employers worldwide and is considered a highly respected economic indicator.
The Manpower Employment Outlook Survey is currently available
for 27 countries and territories: Argentina, Australia, Austria, Belgium,
Canada, China, Costa Rica, France, Germany, Hong Kong, India, Ireland, Italy,
Japan, Mexico, Netherlands, New Zealand, Norway, Peru, Singapore, Spain, South
Africa, Sweden, Switzerland, Taiwan, the United Kingdom and the United States.
The program began in the United States and Canada in 1962, and the United
Kingdom was added in 1966. Mexico and Ireland launched the survey in 2002, and
13 additional countries were added to the program in 2003. New Zealand joined
the program in 2004, China, India, Switzerland and Taiwan were added in 2005,
and Argentina, Peru, Costa Rica and South Africa joined in 2006. For more
information, visit the Manpower Inc. Web site at
www.manpower.com
TopUSAJobs.com: Guide to Top Specialty Boards
TopUSAJobs.com: Guide to Top Specialty
Boards
Where Top Candidates Seek Career Opportunites
Strategic E-HR Conference
Using Technology for Comprehensive Talent & Performance Management
February 28 – March 1, 2007
Coronado Island Marriott
San Diego, CA
$2,195
Agenda
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