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IN THIS ISSUE
Newsletter Sponsors
A Note from the Editor
Breaking News
Today's Recruiting News Headlines
Featured Recruiting Jobs
Recent Recruiting Blog Headlines
Weekly Article:
Major Flaws in Many Applicant
Tracking Systems
Employment and
Economy Stats
Special Trials and Discounts
Employment Studies and Trends
Upcoming Conferences
Site Of The Week:
EmploymentGuide.com
Final Note - On The Lighter Side
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Newsletter Sponsors
1.
Dice.com
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board for technology, engineering, and security-cleared
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Broadlook's products integrate seamlessly with ATS
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A Note From The Editor
Webhire now offers
recruiters a program to build and place
contextual search ads on Google. The ads are aimed at
reaching
passive job seekers. The non-candidates recruiters most
want
to attract. For $495 per ad Webhire will develop the ad
text and
help choose the right key words. Visit
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Useful
Links
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Breaking News
Twenty-Two U.S. Metro
Areas Show Higher Online Job Demand in September,
Despite Economic Impact of Rising Oil Prices and
Hurricane Katrina
Online job recruitment activity and related employment
opportunities increased in 22 of the top 28 U.S.
metropolitan areas in September, according to the latest
findings of the Monster Local Employment Index. Despite
concern over rising oil prices and the initial economic
impact of Hurricane Katrina, the majority of markets
tracked by the Index registered higher levels of online
job availability across a range of occupational
categories. Online demand for architecture and
engineering; computer and mathematical; and business and
financial occupations surged in a majority of the
markets, suggesting a greater number of readily
available online job opportunities for engineering, IT
and financial professionals across major U.S.
metropolitan areas.
Complete Story >>
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Today's Recruiting News Headlines
View more HR/employment
news
headlines or our Recruiting
Newswire.
Please send us your press releases. 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.
-
MKS - Corporate Recruiter
|
|
|
Looking to hire
recruiting professionals? Post a 60 day job
posting ad on RecruitingJobs.com for $225 and be
featured in The Recruiting News.
Register
to post >>
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Recent Recruiting Blog Headlines
Who Wants to Buy A Vertical Search Engine
One of the vertical search engines that no one really
ever talks about is called Software Job Link. It is run
by a guy named Jay Soshnik and his...
10/19/2005 9:15:39 AM [Recruiting.com]
The Corporate Name Game
Sometimes it seems like corporate American bigwigs just
have too much time on their hands. They have time to
create slogans or catchphrases for...
10/19/2005 9:04:13 AM [The Monster Blog]
All
Recruiting/HR Blog Headlines >>
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Weekly Article
Major Flaws in Many Applicant
Tracking Systems
By Nicheboards.com
Although measuring candidate sources is vital, most
ATS's fail to make the grade.
Many companies are using applicant tracking systems (ATS)
to find top job seekers faster and improve hiring
efficiency. But many of these systems do not accurately
record which job boards are sending quality candidates
to their clients, says the world's largest alliance of
employment Web sites, Nicheboards.com. Companies who
rely on applicant sourcing reports that are often
hopelessly inaccurate may make online recruiting
decisions that end up lowering the number of quality
candidates they actually receive.
 Founded
in 2001, Nicheboards.com markets the services of 11
member job boards, each targeting a specific industry or
profession. Nicheboards.com's expertise and massive
audience, a combined 3 million visitors, makes the group
a leading authority on recruiting trends and practices.
Many Nicheboards.com clients process applicants through
ATS's. These systems are designed to screen candidates
and track their progress through the hiring pipeline.
They also claim to record information about hiring
trends, including where companies locate their best
employees.
The only effective way to track the source of
hires is through "tracking tags". The least
effective way is by giving each candidate a complex tree
of choices to indicate where they heard about the
opportunity. Nicheboards.com experts say that some ATS's
rely on drop-down menus where candidates are asked how
they found a job opening. Some list only a few of the
sites being used by their clients. Other systems force
job seekers through a maze of several Web pages and
menus to determine how they've learned about a job. The
more menus and choices, the more likely the candidate
will either lose patience, not find what they're looking
for, or simply select "corporate site" or "from a
friend".
Here's a simple example of how drop-down menus
result in bad information:
A candidate goes to Google.com, finds a job board,
locates a job, then clicks through to the company's ATS.
When asked, the candidate is likely to indicate that
they found the job through Google - that's where they
started. But the job would not have been found if it
were not posted on the job board.
Here's another example:
A candidate goes to a crossposting network website,
locates a job, clicks through to the job board where the
job is hosted (which is paying to advertise on the
crossposting network to increase reach), then clicks
through to an ATS. When asked, the candidate cannot find
the crossposting partner, so has to choose something
arbitrarily. Even if the crossposting partner is listed,
the actual source of the candidate is the original job
board who used the network, which does not get credit.
A third example:
A candidate goes to an ATS system from a job board. When
asked, the candidate wants to appear loyal to the
company they are apply for (as if it is the only company
they would ever want to work for), so choose "Corporate
Website" or something similar.
A fourth example:
A candidate receives an E-mail from a friend who has
seen an ideal career on a certain job board, telling
them about the opportunity and giving them a link to the
job details on that job board. The candidate visits the
job, then clicks through to the ATS. When asked, the
candidate will say they heard about the job from a
friend.
A fifth example:
A candidate finds a career opportunity on a job board.
To find more information about the company, the
candidate visits the corporate website and then applies
directly on this site. There is no record whatsoever
that informs the company how the candidate originally
saw the job.
What is a "tracking tag"?
A tracking tag is a piece of information embedded into
the URL of the application link (such as source=TelecomCareers).
This is tracked throughout the entire candidate
application session, and allows the ATS to give a fully
accurate picture of candidate sources. Does your ATS use
tracking tags? Call and find out.
How inaccurate can ATS source reports be?
One client of JobsInLogistics.com recently said it had
received about a hundred applications and had five
candidates on interview for various jobs placed on this
board. However, the web site log showed that
JobsInLogistics.com had delivered more than 2,000
candidates. In countless other similar instances, ATS
reports were showing little or no traffic from job
boards even though they had funneled 100's or 1,000's of
quality applicants their way. "If companies don't know
who's providing the best value, they have no way of
picking and supporting the winners," says Eric Shannon,
the creator of Nicheboards.com member LatPro.com, which
serves Spanish-speaking, bi-lingual workers. "Not having
information (or having bad information) locks them into
a cyclical pattern where they're using the same boards
over and over and not getting the results they need. The
way out of the cycle is to track the results of all the
players, niche boards and others. ATSs should provide
accurate information (through tracking tags) and if
they're not, companies have to speak with their ATS
providers about fixing this."
As a result, job boards may not receive credit for
providing promising candidates. Such information is
vital for companies deciding how to allocate their
recruiting budgets. They should be spending more money
on online services that generate the largest volume of
strong candidates per dollar and to cut spending on less
effective job boards. "Organizations need to know where
their richest sources are," says Don Firth, founder of
Nicheboards.com and creator of two of the group's member
sites, JobsInLogistics.com and AllRetailJobs.com, the
nation's leading boards for the logistics and retail
industries. "As they scrutinize their budgets, they seek
the best values. If they don't have the right
information, they can't make the best decisions."
About Author
Nicheboards.com is an alliance of North America's
leading niche job boards, each one serving a specific
industry, profession or companies that seek candidates
with special backgrounds. The group was founded in
January 2001 and has 11 members: CallCenterJobs.com,
Jobsinthemoney.com, JobScience.com, LatPro.com,
GreatInsuranceJobs.com, ComputerWork.com,
JobsInLogistics.com, DestinyGrp.com, AllRetailJobs.com,
TelecomCareers.Net and Jobs4HR.com.
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Employment and Economy Stats
|
Current Stats
Unemployment Rate:
5.1% in Sep 2005
Payroll Employment:
-35,000 in Sep 2005
Average Hourly Earnings:
+$0.03 in Sep 2005
CPI:
+1.2% in Sep 2005
ECI:
+0.7% in 2nd Qtr of 2005
Productivity:
+2.2% in 2nd Qtr of 2005
Source:
BLS.gov
(p) = projected |
Trends Unemployment Rate
5.1% in Sep 2005
4.9% in Aug 2005
5.0% in Jul 2005
5.0% June 2005
5.1% May 2005
5.2% Apr 2005
Employment Cost Index
+0.7% in 2nd Qtr of 2005
+0.7% in 1st Qtr of 2005
+0.7% in 4th Qtr of 2004
+0.9% in 3rd Qtr of 2004
Change in Payroll Employment
-35,000 in Sep 2005
+169,000 in Aug 2005
+207,000 in Jul 2005
+146,000 in June 2005
+78,000 in May 2005
Source:
BLS.gov |
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Special Trials And Discounts
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Recommended Leading
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Call Center :
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Hispanic / Bilingual :
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Human Resources :
Jobs4HR.com
IT Professionals :
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Logistics / Transportation :
JobsInLogistics.com
Military Transitioning :
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AllRetailJobs.com
Telecom / Wireless:
TelecomCareers.net
Insurance:
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Employment Studies
and Trends
Recruiters Confidence
Strong As Search Firms
Weigh The Economic Impact of Recent Hurricanes
www.execunet.com -
Growing concern over higher energy prices in the wake of
hurricanes Rita and Katrina has not significantly
changed recruiters’ positive outlook for the executive
employment market. September’s Recruiters Confidence
Index (RCI), a monthly survey of executive recruiters
conducted by ExecuNet, the executive job search and
recruiting network, reveals the search industry is only
slightly tempering its expectations for employment
market growth in the months ahead.
According to the survey of 185 executive recruiters, 62%
are confident or very confident the executive employment
market will improve during the next six months - down
from 71% in August. During the next six months, the
executive search industry is expecting a 12.5% increase
in the number of assignments received from corporate
clients - down from 15.2% one month ago.
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Upcoming Seminars &
Conferences
Nov 17 -
Recruiting 2005 Conference and Expo
Feb 19 -
The HR Summit 2006
Mar 1 -
Strategic E-HR Conference
Mar 7 -
2005 Staffing Industry Executive Forum Program
Complete calendar for upcoming
conferences and
seminars.
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Site of the Week
EmploymentGuide.com
For exact hiring at your
fingertips, visit
http://www.employmentguide.com/tracking/redirect.cfm?clid=3103,
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.
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Final Note - On The
Lighter Side
We received this press release and it caught us off
guard:
Talent Zoo Gets "Naked" with Sally Hogshead
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