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February 5, 2010

In The News

TrueBlue, Inc., a leading provider of blue-collar staffing, reported net income of $2.1 million or $0.05 per diluted share for the fourth quarter of 2009, compared to a net loss of $46.0 million or $1.08 per diluted share for the fourth quarter of 2008. Revenue for the quarter was $262 million, a decrease of 13 percent compared to the fourth quarter of 2008.

PeopleMatter, Human Resources software company, received $2.3 million in investment capital from Harbert Venture Partners, a Virginia-based firm. (read more)

SharedHR, a human resources consulting and technology firm, launched an updated version of its web site. The new site, featuring updated content and navigation, allows visitors to more easily connect to important information on HR, payroll and benefits.

BAJobs.com, a San Francisco Bay Area based job board, has developed an innovative way for employers to adapt to the ever-changing job search environment. (read more)

After acquiring RecruitingTrends, an industry brand with a 40-year history, from Kennedy Information this past December, Tarsus has revamped and relaunched the website

Monster Worldwide, Inc. (NYSE:MWW) has entered into a definitive agreement to acquire the assets of Yahoo! HotJobs, a leading online recruitment website, from Yahoo! (NASDAQ:YHOO) for $225 million in cash. Monster and Yahoo! have also entered into a three year commercial traffic agreement, to take effect upon the closing of the acquisition, in which Monster will become Yahoo!'s provider of career and job content on the Yahoo! homepage in the United States and Canada (read more)

The third annual Forrester Groundswell Awards announced that UPS & TMP Worldwide Advertising & Communications, LLC won the prestigious Social Media award for the campaign, competing against over 140 entries globally

Jigsaw is pleased to announce CEO and co-founder Jim Fowler's new blog, The Fowler Feed: DaaS and the Data Revolution

StepStone Solutions, a leading global provider of talent management solutions, announced the availability of a free online assessment tool that can assist businesses to quickly evaluate the effectiveness of their Performance Management processes. The new tool is available at: http://www.stepstonesolutions.com/impact-tools/.


Events

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Mark your calendar and plan to be in Chicago on September 14-16, 2010 at the Donald E. Stephens Convention Center for what will be the largest, most-comprehensive gathering of corporate global recruiting leaders of the year!

Go to http://www.onrec.com/conferenceusa/ for more information.

On The Move

David Eun will join AOL Inc. (NYSE: AOL) as President of AOL Media and Studios. Eun will report to AOL Chairman and CEO Tim Armstrong and will be based in New York. He succeeds Bill Wilson, President, AOL Media, who will transition out of the role after nine years with AOL.

Carney R. Shegerian, founder of Shegerian & Associates, a Santa Monica-based law firm specializing in employee rights, has been named by California Super Lawyers magazine as one of the top attorneys in California for 2010.

Study States

Integrated Talent Management: Improving Business Results through Visibility and Alignment

The key to organic organizational growth in 2010 will be the proper alignment of the workforce with a company's near- and longer-term goals. As a result, 2010 will be a year in which nearly three-quarters of organizations will increase emphasis on talent management.

At least, that's according to surveys conducted by Aberdeen Group of 349 human resources and line of business executives during the months of November and December 2009. To achieve this desired alignment, organizations are integrating formerly disparate talent management processes, systems, and data.

While our research shows the vast majority of organizations have only achieved integration across two or more elements of talent management, those that have are reporting superior performance gains. (read more)

In Depth

Monster Employment Index Edges Down in January

January 2010 Index Highlights:
Index slips one point lower in January, reflecting continued moderation in U.S. online recruitment activity to start the year Year-on-year, the Index is now down 3 percent, the most marginal rate of decline since the beginning of the recession in 2008 Offerings in education; arts, entertainment and recreation rise, while construction and wholesale trade contract from last month

Online job demand falls by varying degrees in all of the 28 major metro markets monitored by the Index

The Monster Employment Index edged down one point in January, while the annual rate of decline moderated to an almost-flat 3 percent, as the Index appears close to emerging from a period of negative annual growth that spans back to January 2008.

"The Monster Employment Index was nearly on par with its year-ago level in January, as last year's declining trends began to shift towards stabilization in a number of industries"

The Monster Employment Index is a monthly gauge of U.S. online job demand based on a real-time review of millions of employer job opportunities culled from a large representative selection of corporate career Web sites and job boards, including Monster.comŽ.

During January, online job availability rose in 8 of the Index's 20 industry sectors and in 7 of the 23 occupational categories monitored. (read more)

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