Recruiting Is A Conversation
A new presentation from John Sumser, Recruiting Is A Conversation is available for download.
Reveille and Hyperbole:
New Jersey-based JobBoardReviews.com announced the official launch of its job board review site for jobseekers and employers.
Trend Integration, the foremost provider of telephone-based job candidate screening solutions, today announced the launch of the InterviewDirect Hourly Hire solution.
Ablest Inc. (Amex: AIH)
announced that it has entered into a definitive agreement to be
acquired by Koosharem Corporation, the holding company of Select Remedy,
for $11.00 per share in cash, or approximately $32.5 million.
Select Remedy is the product of the recently completed acquisition of
RemedyTemp, Inc. by Koosharem Corporation. Select Remedy is a professional
staffing organization focused on delivering human capital workforce
solutions in various business sectors.
Deck Chairs: Bernard Hodes Group, a leading provider of integrated talent solutions, announced the expansion of their QTrac practice with the addition of Christen Uber and Jasmine Flowers, both of whom will be based in Atlanta, GA. The QTrac practice develops and implements proactive solutions for Hodes' clients seeking talent management initiatives.
You Should Know: US: Dice Holdings files for $100 mln IPO Dice Holdings Inc., which provides specialized career Web sites for certain professions, said on Wednesday it is seeking an initial public offering of as much as $100 million in common stock.
Credit Suisse, Morgan Stanley, JPMorgan, Lehman Brothers and Jefferies & Company will underwrite the IPO, according to a preliminary offering document filed with the U.S. Securities and Exchange Commission.
It said it will seek a New York Stock Exchange listing but did not propose a stock symbol.
Details such as the number of shares or an estimated price range per share were not disclosed in the IPO prospectus as they are expected in future filings.
Both the New York-based company and certain shareholders will be selling stock in the offering.
The holding company operates Dice.com for technology and engineering jobs, Jobsinthemoney.com for accounting and finance, ClearanceJobs.com for U.S. government security clearances.
It also operates eFinancialCareers.com for capital markets and financial services professionals in the United Kingdom and CybermediaDice.com for technology professionals in India.
The company said its revenues had more than doubled to $87.1 million in 2006 from $35.8 million in 2004.
Its competitors include general Monster.com, Yahoo Inc.'s (YHOO.O: Quote, Profile , Research) Hotjobs.com and CareerBuilder.com as well aggregators of classified advertising such as Craigslist, Google Inc. (GOOG.O: Quote, Profile , Research) and LinkedIn.
Private equity group General Atlantic Partners holds 32.4 percent, according to the SEC filing.
(Reuters)
Deep Release: The Narrowing European Pay Gap
Pay patterns are changing very quickly in Europe, but big differences remain.
The pay gap between Europe's richest and poorest countries has fallen significantly over the last six years. According to the Federation of European Employer's (FedEE) latest Pay in Europe report, the gross median hourly earnings of employees in Denmark were 65 times (65x) higher than in Moldova on February 1st 2007. This compares with a pay gap of 70x in 2006 and 91x in 2001.
Since 2001, all countries in the bottom half of the FedEE league table, except Poland and Portugal, have been able to narrow the gap with Denmark. Higher up in the league table, however, there have been falls in relative earnings in Austria, Belgium, France, Germany, Luxembourg, Spain and the UK. Norway has now taken the number two spot from Luxembourg, with relative earnings climbing from 71% of Denmark's in 2001 to 90% in 2007.
Rewards for Climbing the Job Ladder
The report also reveals differences in pay between those in senior management positions and those in unskilled service sector positions within individual countries. This differential varies from 12.9x in Moldova and 11x in Latvia to just 3.9x in Norway and 4.1x in Malta.
The Pay in Europe 2007 report provides hourly wage and salary data for 32 standard job positions in 48 European countries and territories at February 1st 2007. It is available free of charge to members of the Federation of European Employers (FedEE) and a sample report for journalists may be obtained from the FedEE press office on +44 (0)207 520 9264 or via email.
The Federation of European Employers (FedEE) is the leading organisation for multinational employers operating across Europe. It was founded in 1989 with financial assistance from the European Commission, and operates today on an independent basis with corporate members located throughout the world. The popular FedEE website is at http://www.fedee.com
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