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Best Practices in Talent Management: Factors in ATS Selection, a complimentary whitepaper from nowHIRE, describes key considerations for companies in evaluating an ATS that helps them both acquire and retain the best talent within a highly competitive employment market.

The Conference Board Consumer Confidence Index, which had declined in January, fell sharply in February. The Index now stands at 75.0 (1985=100), down from 87.3 in January. The Expectations Index declined to 57.9 from 69.3. The Present Situation Index decreased to 100.6 from 114.3 in January.

eQuest, a supplier of domestic and international job-posting delivery services announced it has more than doubled its transactional delivery volumes from 100 million in 2006 to just over 200 million in 2007. eQuest also reported that it now manages job posting distributions for over 20,000 companies worldwide; an increase of 100% over the previous year.

Kenexa, provider of recruitment and retention solutions, announces Kenexa CareerTracker® 4.8, its powerful automated Web-based system that supports the performance appraisal process, while encouraging individual and organizational development. Delivered on-demand using software-as-a-service, Kenexa reports that CareerTracker is ideal for multi-national organizations seeking to support enterprise talent management initiatives through better workforce performance management.

Print advertising and Web recruitment sites are declining as efficient advertising tools, so human resources executives and recruiters are turning to new ways - even online "virtual worlds" - to find quality job candidates, a new report shows. The report by Classified Intelligence LLC, was based on a fall 2007 survey of 177 recruiters conducted in conjunction with ERE Media Inc., an online recruitment community. Recruiters said they would spend more on business networking sites, social networking sites and employee referral programs in 2008 than in 2007, but less in print. Online job sites are still considered valuable tools, second only to employee referrals, the research showed. But dissatisfaction with general online recruitment sites is growing due to the waning quality of candidates, recruiters reported. A free preview of the report is available.

Executive search and leadership consulting firm Heidrick & Struggles International, Inc. report that for Fourth Quarter 2007, consolidated net revenue of $153.6 million increased 16.1 percent from $132.2 million in the 2006 fourth quarter. The positive impact of changes in foreign currency exchange rates represented approximately five percentage points of the growth. Net revenue grew 8.6 percent in the Americas, 18.9 percent in Europe (approximately 9 percent on a constant currency basis), and 49.1 percent in the Asia Pacific region (approximately 38% on a constant currency basis).

Organizations believe workplace diversity is important -- but only 30 percent have an official definition of it. And, there is no common language to guide companies in managing their diversity efforts. Those findings are detailed in a research report released today by the Society for Human Resource Management (SHRM). It partnered with the American Institute for Managing Diversity Inc. in conducting a year-long study on the status of diversity in the workplace.

Electronic Recruiting News
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