|October 3, 2011|
In The News
Wiley-Blackwell, the scientific, technical, medical and scholarly business of global publisher John Wiley & Sons, Inc., has announced the launch of the Wiley Job Network – a new online recruitment tool which enables employers to attract talented applicants from among the high-caliber users of Wiley Online Library's products and services.
HireVue, provider of an amazing new way to interview – on demand – announced that its Digital Interview Platform now helps standardize and manage phone and in person interviews, as well as HireVue's innovative video and On Demand Interviews™. Delivered through a common, simple to use platform, the new phone and in person features help businesses achieve a cheaper, faster, more consistent interview process regardless of interview method, to help identify best-fit candidates sooner. (read more)
SumTotal Systems, Inc., the innovator in strategic Human Capital Management (HCM) solutions, announced the latest release of its strategic Workforce Analytics platform. This advanced business intelligence solution enables organizations to gain deeper insight into their business and operations by providing an integrated and actionable view of workforce information to help further identify and assess where a company stands today, and where they need to be in order to achieve strategic objectives.
Globoforce, the world's leading provider of SaaS-based employee recognition solutions, announced new social and mobile enhancements to help companies better manage and motivate a global workforce. The new capabilities further elevate the organizational reach and impact of Social Recognition, a corporate social network that ignites company culture through employee recognition. With these advancements, HR leaders now have a more effective solution to demonstrate how core values are lived throughout their organization.
Equifax Inc., has reached an agreement to acquire eThority, an innovative provider of workplace and other analytical software that brings powerful, easy-to-use data interaction and reporting to business enterprises of all sizes. Financial terms for the transaction were not disclosed. eThority will become part of TALX, Equifax's workforce solutions business unit. (read more)
HBS APCD Office Chooses MBA Focus Technology
The Alumni Career and Professional Development Office (ACPD) of Harvard Business School (HBS) has launched the next generation job bank, providing easier and better access to job postings, and offering alumni the ability to manage all of their career activities from a centralized dashboard.
Working with MBA Focus, a technology company that connects top MBA talent with hiring companies across the globe, HBS has expanded its use of the
Global Talent System
(GTS) platform. The platform is used by HBS alumni and provides corporations with easier access and communication to the Schools' experienced hire candidates.
The Harvard Business School Alumni Career and Professional Development Office (ACPD) notified alumni of their new initiative. Corporations interested in purchasing the HBS Alumni Resume Book should contact Bruce Lane at 614.625.0684 or blane(at)mbafocus(dot)com.
Meridian Compensation Partners Study on Current Outside Director Pay Reveals Compensation Continues to Increase at Largest Public Companies
Meridian Compensation Partners, a leading executive compensation and corporate governance consulting firm, has found that over the past year total compensation paid to outside directors in the Fortune 250 increased by 7%. Meridian has concluded that board pay structure also continues to evolve across all public organizations with the largest public companies continuing to shift toward a greater emphasis on fixed cash retainers and restricted stock/RSU grants and away from per-meeting-based compensation and stock options.
"In addition to moderate pay level increases, many large public companies made structural changes in an effort to simplify the way they compensate their directors"
Meridian's findings were based on proxy statements filed in 2011. For the study, total outside director compensation included annual retainer (cash and/or equity), average board meeting fees per director, average committee fees per director (includes additional retainers and meeting fees), and non-retainer equity. Meridian found the median total compensation for companies in the Fortune 100 and Fortune 250 to be $248,183 and $231,042 respectively. While median total retainer compensation rose 10% over the past year among the Fortune 250, committee fees decreased by 11%. Non-retainer equity increased 8% from last year's levels. (read more)
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