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IN THIS ISSUE
Newsletter Sponsors
A Note from the Editor
Breaking News
Today's Recruiting News Headlines
Featured Recruiting Jobs
Weekly
Article:
Should We Do Away With Resumes?
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:
4 International Careers
Final Note - On The Lighter Side
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Newsletter Sponsors
1.
Monster.com - Your perfect employee is searching Monster
today.
Reaching the perfect job candidate in your local market
has never been easier. Monster is the #1 choice of job
seekers in every ranked local market from coast to
coast.
Monster helps businesses of any size. Now you can:
- Create and manage postings anytime, 24/7.
- Pay for postings one at a time.
- Reach qualified candidates immediately.
- Use Monster as needed, on your own terms.
- Save time and money.
Post a job on Monster now >>
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A Note From The Editor
Domains For Sale
The following Career/Employment domains are for
sale.
All domains are $450 with exception of the ones
that are starred
which are $750. Pricing for purchases of multiple URLs available. Email me for
more information
brian@recruitersnetwork.com
1. Biotekcareers.com
2. Brokeragecareers.com **
3. Consultingcareers.com
4. Contractcareers.com
5. Creditstaffing.com
6. Directcareers.com
View all 100 domains >>
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Breaking News
Online Job Sites Overshadow
Newspaper Classifieds
The battle between the
leading online job marketplaces may have a negative
impact on newspaper classifieds revenues, according to a
report released by researcher Corzen.
The report found that the revenue growth rate for
Careerbuilder, Monster, and HotJobs outstripped their
newspaper classified counterparts by 3 to 1 in the third
quarter of 2004. Overall growth for the three averaged
47.4 percent higher in the third quarter than in the
same time period in 2003. That growth compares to the
15.9 percent year-over-year growth measured by newspaper
classifieds in the Newspaper Association of America.
Complete
article >>
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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.
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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 >>
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Weekly Article
Should We Do Away With Resumes?
Resumes can place emphasis on the wrong data for
screening. As such, candidate pools get reduced using
inappropriate, yet conveniently available data. This
makes for an easy query, but not necessarily an
effective approach to finding the best candidates.
Resumes have made life difficult: Two Examples
Company A
This company had historically received 500
unsolicited resumes through the mail each year. After
putting an “e-mail your resume here” button on their web
site, they received about 5,000 unsolicited resumes the
next year. No changes were made in recruitment
advertising. The unintended consequences of this were
resume spam, increased candidate expectations for
communication, data storage and retrieval challenges,
and having to create a labor intensive, manual process
to sift through mass numbers of resumes.
 Company
B
This company’s applicant tracking systems (ATS)
database averages 1,200 resumes per opening/hire.
Through searching and screening, they discovered that in
most cases, only about 15% of the candidates possess the
minimal qualifications. The unintended consequences were
that the remaining 85% of the resumes place a
significant demand on recruiting resources. Time and
dollars are spent dealing with irrelevant data thereby
increasing the cost per hire. In addition, this volume
of poor fit resumes increased the expense for data
storage, placed greater demands on the search engine,
and expanded the scope of maintaining the quality and
usability of the data.
The current industry response to this issue is to
create more complex methods for searching through
resumes, rather than changing or eliminating the resume.
This has led to developing more sophisticated ways of
attempting to discover candidate-job fit, from data that
is of little value for predicting job performance. At a
national conference of employment specialists, a VP of
Recruiting for a large firm expressed delight in the
process called resume cloning. Her example was having
the ‘black box’ find perfect resume matches for a
long-term valued employee who needed to be replaced.
However, what does a resume say about 15 years of
context knowledge, collaborative relationships, applied
learning, and cross-functional teamwork? Not much.
ATS and Candidate Relationship Management System
(CRM) vendors are touting that they can search for and
find the needles in the haystack. A more appropriate
approach is to build a process that only lets needles
into your applicant flow, and then helps you find the
best needle. Resumes are a poor vehicle for this model.
Complete Article >>
About Author
Joseph P. Murphy is a
Principal and Vice President of Shaker Consulting Group,
Inc. Mr. Murphy has over 24 years of experience in human
resources. He has held positions ranging from an
internal HR practitioner in a Fortune 300 company to
co-founding two human resource consulting firms. His
work focuses on helping organization improve the
objectivity of their staffing practices and documenting
performance gains through better use of metrics.
He has spoken on issues of Quality of Hire and
Staffing Metrics to notable gatherings such as: EMA
National Conference, a SHRM Metrics Forum web cast, the
Tri-State Human Resource Conference, the Northern Ohio
Human Resource Conference and numerous SHRM and EMA
chapters.
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Employment and Economy Stats
- New
|
Current Stats
Unemployment Rate:
5.4% in Nov 2004
Payroll Employment:
+112,000(p) in Nov 2004
Average Hourly Earnings:
+$0.01(p) in Nov 2004
CPI:
+0.6% in Oct 2004
PPI:
+0.5%(p) in Nov 2004
ECI:
+0.9% in 3rd Qtr of 2004
Productivity:
+1.9% in 3rd Qtr of 2004
Source:
BLS.gov
(p) = projected |
Trends Unemployment Rate
5.4% Nov 2004
5.5% Oct 2004
5.4% Sept 2004
5.4% Aug 2004
5.5% July 2004
5.6% Jun 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
+112,000(p) in Nov 2004
+337,000 in Oct 2004
+96,000 in Sept 2004
+144,000 Aug 2004
+32,000 July 2004
+112,000 June 2004
Source:
BLS.gov |
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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.
EmploymentGuide.com
For exact hiring at your
fingertips, visit
www.EmploymentGuide.com, offering cost-effective and
unique pre-qualified candidate recruiting solutions in
nearly 40 industries. Find and hire hourly to
mid-management candidates. A division of Trader
Publishing Company, EmploymentGuide.com is partnered
with HealthCareerWeb.com and The Employment Guide,
the nation's largest employment weekly.
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.
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 >>
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Recruiting Polls and Trends
Most Employees Say They Do Not Expect a Year-End Bonus
This Year, According to New TrueCareers Survey
The holiday season has arrived, and with shopping
lists piling up, employees are wondering, "How am I
going to pay for all of this?" For many workers, the
answer will not be a company bonus. In fact, 70 percent
of employees say they do not expect to receive a
year-end bonus this holiday season, according to a new
survey by TrueCareers, the leading online job board for
finding educated, diverse candidates quickly and easily.
Complete Survey >>
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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 >>.
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Recruiting Essential
Bookmarks
Recruiter Directories
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Upcoming Seminars &
Conferences
Feb 26-27 -
Extending Your Brand to Employees Conference
March 17-18 -
Talent Management Strategies Conference
March 21-24 -
Staffing
Industry Executive Forum
March 29-31 -
ERExpo West
March 31-Apr 1 -
AESC Annual US
Conference
Apr 18-19 -
Staff
Digest Rendezvous
Complete calendar for upcoming
conferences and
seminars.
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Site Of The Week
4 International Careers
4 International Careers &
Jobs is a new international employment directory
selecting and reviewing worldwide top job sites.
4icj.com includes more than 1000 reviewed career
resources in 190 countries and is a free starting point
to find overseas jobs and work abroad.
4icj.com helps answer the following questions:
1) What are the world-wide best job sites and career
resources?
2) What information, features or services do they
provide (job alert, privacy policy, internships,
seasonal jobs, volunteering, relocation, message board,
etc.) ?
3) Are the Job/Resume posting and search services free
of charge, fee-based or not available?
If you are searching for jobs overseas or would like to
work abroad, 4icj.com also informs you whether a job
site is happy to receive overseas job applications or
spontaneous resumes / CVs from foreigners.
4 International Careers & Jobs is the definitive gateway
to world-wide quality job sites and career resources.
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Final Note - On The
Lighter Side
Essential additions for the workplace vocabulary
BLAMESTORMING: Sitting
around in a group, discussing why a deadline was missed
or a project failed, and who was responsible.
SEAGULL MANAGER: A manager, who flies in, makes a lot of
noise, craps on everything, and then leaves.
ASSMOSIS: The process by which some people seem to
absorb success and advancement by kissing up to the boss
rather than working hard.
Complete Lists >>
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