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March 25, 2009 |
Quote of the Day
"Beautiful Evidence is about the theory and practice of analytical design."
- Edward Tufte
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Cataphora
Data Mining Moves to Human Resources: Using sophisticated mathematics, HR departments are learning new ways to determine the value of each employee. BusinessWeek online reports.
The chart looks like colorful pop-art doughnuts flying through space. The message, though, is anything but playful. Based on a mathematical analysis of work at an undisclosed Internet company, each circle represents an employee. Those who generate or pass along valuable information within the company are portrayed as large and dark-colored. And the others? "On a relative scale, they don't add a hell of a lot," says Elizabeth Charnock, chief executive of Cataphora, the Redwood City (Calif.) company that carried out the study for a client. The upshot for managers faced with a mandate to downsize: Small and pale circles might be a good place to start cutting.
(read more)
From the BLS
Producer Price Index for February 2009. The Producer Price Index for Finished Goods advanced 0.1 percent in February, seasonally adjusted, the Bureau of Labor Statistics of the U.S. Department of Labor reported. This rise followed a 0.8-percent increase in January and a 1.9-percent decline in December. At the earlier stages of processing, prices received by manufacturers of intermediate goods decreased 0.9 percent in February after falling 0.7 percent in the previous month, and the index for crude materials declined 4.5 percent following a 2.9-percent decrease in January.
In The News
Hazlet, NJ-based iCIMS, a leading Software-as-a-Service (SaaS) provider of talent management solutions, and Woodbury, NY-based Valiant, provider of comprehensive workforce management solutions, announced a strategic partnership that will allow clients, through a seamless integration of the two platforms, to take advantage of a complete human capital management solution.
BusinessElite is a new, invitation-only, recruiting community for top leaders and recruiters. The service is designed to match accomplished professionals within its exclusive Talent community to director through C-level positions at leading companies and startups. The BusinessElite service is available by invitation-only to top leaders and recruiters. The service is free to Talent. During the beta period, BusinessElite is offering special introductory pricing for recruiters. Founders are Glenn Fox and Thomas Lokar.
Bond Adapt, the global provider of staffing software solutions, has partnered with CareerStaff Unlimited, providing healthcare staffing solutions, to co-develop and configure a powerful and integrated healthcare staffing tool using the Adapt V11 platform.
S2Verify, LLC a newly launched provider in the employment screening market, opens an office in Atlanta, Georgia.
Many employers are increasing their employee wellness communications and most expect wellness budget cuts will be no greater than other cutbacks, because these programs help employees cope with issues brought about by the economic downturn. These are among the survey findings released today by Buck Consultants, specializing in human resource and benefits consulting. Buck conducted its interactive audience survey with employer delegates attending the 4th Annual Employer Health & Human Capital Congress, held in February 2009.
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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.
Organizations to Support
Kuwesa HIV Widows Project in Kenya (Kuwesa Jackets and details for ordering your jacket.)
The Inspired Art Project Buy tickets for the March Event in San Francisco.
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