Reveille & Hyperbole
Recruitment service provider Monster.com would acquire 55% of the stake of Chinahr.com in the middle of 2008, a move that will make it a complete owner of the site. Chinahr.com, launched in 1997, claims "over 15,600,000 registered job seekers and 14,100,000 resumes and more than 2,010,000 valid jobs offered daily."Monster will pay between US$200 million an US$225 million in cash to the shareholders for this remaining stake.
TeamStaff, a national provider of healthcare and administrative staffing services, has sold its Nursing Innovations
Per Diem business unit located in Memphis, Tennessee to Temps Inc., effective January 27, 2008. The transaction is all cash and a sale of substantially all the business unit's assets.
greenlightjobs, pairing top creative and technical talent with jobs in the entertainment, video gaming, digital arts and animation industries, expands its suite of career services to include the development and management of customized career centers and job boards. greenlightjobs will power the interactive career center for newly launched LiveNationCareers.com.
In Avoid the Workforce Train Wreck The Fayetteville Observer looks at a crash course involving the rapid re-training of older and existing workers, especially in the lower and entry-level ranks for a short-term fix.
VisionQwest Resource Group, Inc. forms VisionQwest Staffing Group to compliment its companies growth in medical staffing. With the new formation of the new division the company reports it will now be able to cover the full corporate staffing needs of client firms.
The Occupational Safety and Health Administration reminds employers that they must post a summary of the total number of job-related injuries and illnesses that occurred during 2007. Employers are required to post OSHA Form 300A. The 2007 summary must be posted from Feb. 1 to April 30, 2008.
Survey Says
Recruiting experienced professionals remains a concern for many companies, a nationwide survey shows. One in five (20 percent) chief financial officers (CFOs) polled recently said finding skilled staff will be their greatest challenge in the next 12 months, up three points from a similar poll in 2003. Meeting customer needs was the second biggest concern, cited by 16 percent of respondents. The survey was developed by Robert Half Management Resources,
provider of senior-level accounting and finance professionals on a project and interim basis.
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