Recruiters Network


November 3, 2004  

VOLUME 6 ISSUE 38

  
SPONSOR

 

Advertising Info

RECRUITING NEWS

To read the newsletter online - visit www.recruitingnews.com.

Recruiting News is a free electronic newsletter published by Recruiters Network. Recruiters Network is the Association for Internet Recruiting. It is a free organization for HR Professionals and Recruiters.

In addition to our newsletter, we offer a free resource center to enhance recruiting success. Visit us at www.recruitersnetwork.com

*-*-*-*-*-*-*-*-*-*-*-*-*-*-*-*-*-*-*-*-*-*-*-*-*-*-*-*-*-*-*

IN THIS ISSUE
Newsletter Sponsors
A Note from the Editor
Breaking News
Today's Recruiting News Headlines
Featured Recruiting Jobs
Weekly Article:
Should Google buy Monster?
Employment and Economy Stats
Special Trials and Discounts
Recruiting Polls and Trends
Layoffs and Downsizing Report
Recruiting Essential Bookmarks
Upcoming Conferences
Site Of The Week: Work Ministry
Final Note - On The Lighter Side

*-*-*-*-*-*-*-*-*-*-*-*-*-*-*-*-*-*-*-*-*-*-*-*-*-*-*-*-*-*-*

Newsletter Sponsors

1. Imagine if finding the best talent was this easy…

► Having a candidate pool of 22 million business people
► Zooming in on and building a short-list of potential candidates with just one search
► Being on the phone with your top picks as soon as you’ve identified them

With Eliyon, it is that easy! It’s the new way of recruiting and over 25% of Fortune 100 companies are already customers. You too can cut your sourcing time by up to 80%!

Contact Eliyon today for an online demonstration and your free trial access. Just call 1-866-4-ELIYON or sign up online.

2. Free Executive Job Market Intelligence Report

Executive Job Market Intelligence 2004 brings you the latest industry information on executive marketplace trends and compensation. This comprehensive report, based on ExecuNet's 12th annual survey of executives and recruiters, details the attitudes, perceptions and practices of executives and the search community.
Download Free >>

*-*-*-*-*-*-*-*-*-*-*-*-*-*-*-*-*-*-*-*-*-*-*-*-*-*-*-*-*-*-*

A Note From The Editor

'Apprentice' 101: Team makeovers highlight importance of temperaments By MAUREEN MORIARTY SPECIAL TO THE POST-INTELLIGENCER The seventh episode of "The Apprentice" began with Donald Trump doing a corporate reorganization of the remaining 12 candidates.

View Story >>

*-*-*-*-*-*-*-*-*-*-*-*-*-*-*-*-*-*-*-*-*-*-*-*-*-*-*-*-*-*-*

Breaking News

Help-Wanted Advertising Index Dips One Point
The Conference Board’s Help-Wanted Advertising Index – a key barometer of America's job market – dipped one point in September.

*-*-*-*-*-*-*-*-*-*-*-*-*-*-*-*-*-*-*-*-*-*-*-*-*-*-*-*-*-*-*

Today's Recruiting News Headlines
View HR/employment news headlines or our Recruiting Newswire.

Please send us with your press releases, news items, personnel changes, etc. Click here for submission instructions.

*-*-*-*-*-*-*-*-*-*-*-*-*-*-*-*-*-*-*-*-*-*-*-*-*-*-*-*-*-*-*

Featured Recruiting Jobs

This section highlights several recruiting related positions recently posted on Recruiting Jobs. To view all jobs or to register for a career agent click here.

Looking to hire recruiting professionals?  Post a 60 day job posting ad on RecruitingJobs.com for $225 and be featured in Recruiting News.
Register to post >>

*-*-*-*-*-*-*-*-*-*-*-*-*-*-*-*-*-*-*-*-*-*-*-*-*-*-*-*-*-*-*

Weekly Article
Should Google buy Monster?
By Emblog

Hmmm.

Old media defending turf? Knight-Ridder, Dow Jones defending employment advertising?

How about a customer buyout? Agencies have been Monster's biggest customers for years. Do Manpower or Adecco have the cash flow and market cap for a merger?

New media consolidating? Yahoo already bought HotJobs. MSN needs an injection of something with energy and a brand with charisma. AOL continues to debate whether to continue outsourcing their career channels (flexibility, best of breed) or to buy/build their own for better integration with the rest of an AOL broadband experience.

And then there's Google.

What might you see out of Monster/Google?

Monster Blogged.

  • Every job seeker gets a weblog.
    • Tell your professional story.
    • Narrate your job search.
    • Keep it while you're employed, independent of your employer, building equity for your next search.
    • Blogroll extras: employers you've visited, blogs of job seekers like you, jobs that might interest you.
    • Your blogging reputation carries over to your job search.
    • Links on a million weblogs to career profiles.
    • Monster suggesting keywords and language from your weblogs.
  • Every employer gets a weblog.
    • Better branding, better user experience, fresh stuff.
    • Job seekers can subscribe to their potential employers' RSS feeds.

Monster powered Orkut.

  • Swarm job search. Forums around specific job searches, occupations, employers, industries. See what jobs your fellow chiropodists are looking at and what they're saying about them.
  • Network candidate discovery. Find the candidate who's a friend of the fully employed candidate. Word of mouth in the social networking age.

Branded Gmail.

  • Every job seeker gets free email. Hidden from your employer. Text job ads informed by your subscriptions and searches.

Monster Toolbar.

Screen real estate is precious. Google's toolbar is about as ubiquitous as Yahoo!'s. Enterprise's using a Google search appliance for their intranets get extra bang from using a Google toolbar that knows to check both the appliance and the global Google server for answers.

Add the Monster button right next to the Blogger button.

  • Let your surfing behavior inform Monster's job recommendations.
  • Visit a site? JobMark™ it as a place of potential career interest. Or as a place to avoid.
  • Build in "tell-a-friend" about a job.
  • Flag specific job listings.

Google Search.

A search on lexicography shows me relevant sites. Featured links might include lexicograper jobs.

"Show free job listings from your field on your web site." Every site gets context appropriate job listings, paid as adverts to Monster/Google, royalties to the niche webmasters. Google has the infrastructure in place, plus hundreds of thousands of sitemasters.

Job (Ad) Enrichment.

Monster can add context to a job posting.

  • Local news, especially anything mentioning the employer or its competitors.
  • Weather.
  • Blog posts.
  • People who've identified themselves as current employees or alumni.
  • Photos and other graphics related to the firm.

Yahoo might be better at this than Google.

Employer Payoffs:

  • Lower cost of candidate aquisition.
  • Better targeting (blogs) of job ads.
  • Higher quality of referral and word of mouth.

Google's Payoff:

  • Cash flow. (not much, but growing)
  • More advertising inventory (a quarter of all job searches flow through Monster).
  • More parts of life served by Google.
  • Relationships with big corporate ad and business buyers. (Google doesn't have strong enterprise products or strong distribution. Yet.)

Google says they want to help you find everything. Believe them.

And Why Not.

The cultures are literally a continent apart, even though search is at the heart of both.

  • Google trusts in pagerank, the almost mystical results of emergent behavior when people link web pages to other pages.
    • Monster believes in metadata, structured profiles, and filling out forms.
  • Google: doing interesting and useful things leads to cash flow.
    • Monster: cash up front.
  • Google builds on common, everyday human behaviors, and makes them effortless. Horizontal applications.
    • Monster aims hard at sucking value from the $60 billion labor market business. Verticalized market making.

Perhaps the clearest gap lies in how they think about people.

Google is humanistic. People are rich with complexity, always changing. They interact with one another and their cyberspaces in ways that serve them and that create meaning.

Contrast this with the HR model. In my experience (formerly global VP for strategy and technology of the world's largest staffing company), 98% of human resource organizations model people as widgets to be processed, inventory to be managed, cluttered incoherent masses to be manipulated. When HR systems work it is because of the systems and despite the humans. Monster strives to be different, but it is thoroughly infected - top to bottom - with the values and views of its paying customers, HR departments.

So Google and Monster should partner-up instead of merge.

Other notes on this subject:

  1. Mail is part of Google's enterprise strategy. http://dijest.com/aka/2004/04/03.html#a2711
  2. Monster enters the community business. Look out Ryze. http://dijest.com/aka/2003/10/20.html#a2659
  3. My Web Services API Wishlist: .gov and Monster. http://dijest.com/aka/2002/07/20.html#a1849


About the Author

Posted at http://www.dijest.com/emblog/2004/08/should-google-buy-monster.html
posted by Phil Wolff

*-*-*-*-*-*-*-*-*-*-*-*-*-*-*-*-*-*-*-*-*-*-*-*-*-*-*-*-*-*-*

Employment and Economy Stats - New

Current Stats

CPI:
+0.2% in Sep 2004

Unemployment Rate:
5.4% in Sept 2004

Payroll Employment:
+96,000(p) in Sept 2004

Average Hourly Earnings:
+$0.03(p) in Sep 2004

PPI:
+0.1%(p) in Sep 2004

ECI:
+0.9% in 3rd Qtr of 2004

Productivity:
+2.9% in 2nd Qtr of 2004

U.S. Import Price Index:
+0.2% in Sep 2004

Source: BLS.gov
(p) = projected

Trends

Unemployment Rate
5.4% Sept 2004
5.4% Aug 2004
5.5% July 2004
5.6% Jun 2004
5.6% May 2004
5.6% Apr 2004
5.7% Mar 2004
5.6% Feb 2004
5.6% Jan 2004

Employment Cost Index
+0.9% in 3rd Qtr of 2004
+.9% 2nd Qtr of 2004
+1.1% 1st Qtr of 2004

+0.7% 4th Qtr/2003

Change in Payroll Employment
+96,000(p) in Sept 2004
+144,000 Aug 2004
+32,000 July 2004

+112,000 June 2004
+235,000 May 2004

+324,000 Apr 2004
+353,000 Mar 2004
+83,000 Feb 2004
+159,000 Jan 2004

Source: BLS.gov

*-*-*-*-*-*-*-*-*-*-*-*-*-*-*-*-*-*-*-*-*-*-*-*-*-*-*-*-*-*-*

Special Trials And Discounts

Below is a partial list of trials and discounts that companies have extended to our readers. Click here for full list. If your company is interested in offering a promotion/discount, please contact us.

1. Free Executive Job Market Intelligence Report

Executive Job Market Intelligence 2004 brings you the latest industry information on executive marketplace trends and compensation. This comprehensive report, based on ExecuNet's 12th annual survey of executives and recruiters, details the attitudes, perceptions and practices of executives and the search community.
Download Free >>

2. Recommended Leading Niche Boards - Get Focused, Go Niche.

NicheBoards.com - Gateway to 3 Million Quality Targeted Candidates

Call Center : CallCenterJobs.com
Finance / Accounting :
jobsinthemoney.com
Health / Science :
Jobscience.com
Hispanic / Bilingual :
LatPro.com
Human Resources :
Jobs4HR.com
IT Professionals :
Computerwork.com
Logistics / Transportation :
JobsInLogistics.com
Military Transitioning :
DestinyGroup.com
Retail Management / Hourly :
AllRetailJobs.com
Telecom / Wireless:
TelecomCareers.net
Insurance: GreatInsuranceJobs.com

3. GoBackgrounds.com - 20% off

No contracts. No activation fees. No monthly fees. No hidden fees. Just fast, affordable and effective background checks on-line reviewed by licensed investigators.

Enter your company information and Promotion Code: local04 to receive 20% off discount pricing. Register for an account >>

*-*-*-*-*-*-*-*-*-*-*-*-*-*-*-*-*-*-*-*-*-*-*-*-*-*-*-*-*-*-*

Recruiting Polls and Trends

Recruiters More Bullish On The Employment Market 

www.execunet.com - Despite high oil prices and election uncertainty, ExecuNet’s Recruiters Confidence Index surged in October.  According to the recent survey of 106 executive recruiters conducted by ExecuNet, the executive job search and recruiting network, the executive employment market is poised for strong growth in the months ahead.

According to the survey, 67% of recruiters are confident or very confident the executive employment market will improve during the next six months - up significantly from 56% in September.  During this period of time, the executive search industry is expecting a 20% increase in the number of assignments it receives from clients.

*-*-*-*-*-*-*-*-*-*-*-*-*-*-*-*-*-*-*-*-*-*-*-*-*-*-*-*-*-*-*

Layoffs and Downsizing Report

Recruiters Network has added a layoff and downsizing report section to its newsletter. This section can be a great leads source for candidates. More information on how to use this section >>.

*-*-*-*-*-*-*-*-*-*-*-*-*-*-*-*-*-*-*-*-*-*-*-*-*-*-*-*-*-*-*

Recruiting Essential Bookmarks

General Careers and Jobs Blogs

*-*-*-*-*-*-*-*-*-*-*-*-*-*-*-*-*-*-*-*-*-*-*-*-*-*-*-*-*-*-*

Upcoming Seminars & Conferences

Nov 17 Recruiting in Cyberspace
Nov 18-19
Recruiting 2004 Conference & Expo
Feb 26-27, 2005 -
Extending Your Brand to Employees Conference
March 15, 2005 ERExpo West

Complete calendar for upcoming conferences and seminars.

*-*-*-*-*-*-*-*-*-*-*-*-*-*-*-*-*-*-*-*-*-*-*-*-*-*-*-*-*-*-*

Site Of The Week

Work Ministry is a career management resource providing support for faith-based organizations serving the unemployed, the underemployed and career changers. We assist Job Support Ministries with resources for spiritual support, career management and technology for members seeking assistance. Our strategy is to develop a national network of Job Support groups using the same platform for connecting candidates and company employers.

Our website, www.workministry.com, is powered by careercast, which manages 150 job boards. We are developing a national database with 40-50%+ confidential resumes of employed candidates to support staffing goals of employers.

Our rates for ads, wrap accounts (transfer of jobs on your company website)
and job postings are on the site. We will offer a 25% discount to
employers or Third Party Recruiters posting jobs on the site. The three month wrap fee of $1500.00 is offered for $1000.00.


*-*-*-*-*-*-*-*-*-*-*-*-*-*-*-*-*-*-*-*-*-*-*-*-*-*-*-*-*-*-*

Final Note - On The Lighter Side

Grumpy British Bosses Need More Sleep -Study

*-*-*-*-*-*-*-*-*-*-*-*-*-*-*-*-*-*-*-*-*-*-*-*-*-*-*-*-*-*-*

All rights reserved. "Recruiting on the Web" is a free electronic newsletter for the HR and Staffing Industry with a circulation of over 36,000. To be featured or sponsor the newsletter please visit our media kit. If you have a Quick Tip you would like to share email us. If you have a press release or news item, click here for submission instructions

If you have a coworker or friend who might be interested in our newsletter, have them register at www.recruitersnetwork.com. If you email address is changing or has changed, please unsubscribe and reregister at www.recruitersnetwork.com.

Copyright © All Rights Reserved
RecruitersNetwork.com