Corporate Memory
With the average length of employment heading toward 4 years the loss of corporate memory is a real concern.
The Dark Side of the Retirement Bubble
Is another perfect storm looming on the economic horizon once we sort through the current Wall Street banking crisis -- and will President-elect Barack Obama's administration be prepared to deal with it? (Read more.)
News In Review
The National Football League (NFL) and Monster, global online career and recruitment resource, have entered into a multi-year unique marketing and sponsorship alliance. Monster will become the official career services sponsor of the NFL and will work jointly to create a customized, year-long promotion slated to kick off at Super Bowl XLIII. The relationship will also mark Monster's return to the Super Bowl for the first time since 2004.
MySplake.com is designed to intelligently match job seekers with positions that match their skill set, personality, and experience. Its system utilizes a unique job matching technology that sorts through various key areas of a candidate's profile and compares it to the required areas in the job posting. The intelligent job matching system then weights the match based on accuracy and relevance using a secret matching system.
HR.com and HR & Benefits Essential have entered into an agreement that will allow HR.com premier members free access to HR & Benefits Essentials' award-winning human resources and benefits library.
Brokerhunter.com, employment website for the Financial Services industry, expands its services to include more than 100 countries Worldwide. This would include most countries in North and South America, Europe, Asia, the Pacific, the Middle East and Africa.
Diverse Staffing, an Indianapolis- based recruiting and staffing company, will open a new office at 435 E. Main St. in Greenwood. A grand opening will be December 10.
Human resources company Adecco has completed its public offer for Dutch staffing firm DNC. Adecco now controls 99.8 percent of the company. No further details were disclosed.
TempWorks Software, a Twin-Cities based provider of staffing and recruiting software, unveils major updates to its DocCenter and WebCenter products. DocCenter allows applicants to electronically complete and sign documents at a kiosk, shortening the on-boarding process, eliminating paper, and saving recruiters valuable time. New WebCenter features will allow electronic access to W2's, saving WebCenter users' several dollars per employee on year-end expenses.
Tis (Always) The Season
Even though employees at the Peer Bearing Co. no longer work for the Spungen family that recently sold the Waukegan-based ball bearings maker, they still received a turkey each this Thanksgiving in keeping with tradition.
But even better was the gift that came in mid-September, when the Spungens threw a party to celebrate the company's acquisition by a Swedish company.
They gave away $6.6 million in year-end bonuses to Peer's 230 employees, decided by a formula based on each worker's years of service.
"My grandfather was always charitable," said Danny Spungen, grandson of Peer founder Nathan Spungen. He said Laurence and Florence Spungen and their four children decided on a bonus formula a year before the acquisition closed.
He said the decision was "a gamble that we would come out OK as well."
Family members signed two thank-you cards to each employee, one in Spanish and one in English, expressing gratitude for "the loyalty and hard work of our employees over the years." Read the full story.
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The Bugler publishes recruiting industry news, featuring a Calendar of Events each Friday. Please send your company news to Polly Tasker for inclusion in The Bugler. More indepth news stories can be found in the Electronic Recruiting News.
A Little More Information on Spreading the Wealth
The article, Spreading the Wealth, has promted several inquiries. "How do we get a Kuwesa Jackets produced by the Kuwesa HIV Widows Project in Kenya?" "What can we do to get involved in the Inspired Art Project?"
We have added a page with a few snaps of Jean helping to display Kuwesa Jackets and details for ordering your jacket.
The Inspired Art Project is looking for artists willing to create art that is inspired by the poetry of the America Scores Bay Area kids. What a great way to showcase your talent! Donating to the March 2009 Inspired Art Show Auction is also a great way to contribute. Contact Bridget Sumser for additional information, 415 486 1242, bsumser@americascores.org
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