Recruiters Network


February 2, 2005  

VOLUME 7 ISSUE 5

  
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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

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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:
On the brink of The Super Bowl….time to post jobs.
Employment and Economy Stats
Special Trials and Discounts
Employment Studies and Trends
Layoffs and Downsizing Report
Recruiting Essential Bookmarks
Upcoming Conferences
Site Of The Week: BrightMove
Final Note - On The Lighter Side

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Newsletter Sponsors

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    -Target qualified candidates

    -Maximize your recruiting dollars

    -Evaluate online vs. newspaper job advertising

    -Write effective online job descriptions

           

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2. HotResumes.com

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A Note From The Editor

Monster Worldwide buys ChinaHR.com stake

Internet job search company Monster Worldwide Inc. said on Wednesday it acquired a 40 percent stake in ChinaHR.com Holdings Ltd. for $50 million.

The Internet jobs search company said it will initially occupy three of seven seats on ChinaHR's board.

Monster also said it will have certain rights and obligations to acquire a 51 percent or more interest in ChinaHR in the event of an initial public offering or 3 years, whichever comes first.

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Breaking News

Monster.com announced that 2.6 million new and updated resumes were added to its database from January 1st to January 22nd (2005) - which Monster signifies as eagerness among job seekers to jumpstart their careers in 2005.

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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.

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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Weekly Article
On the brink of The Super Bowl….time to post jobs.
By Brian Weis

A few years ago, I called a fellow recruiter late on Friday afternoon a few minutes before five o’clock. Our ritual was to share recruiting war stories for that week. My networking friend cut me off abruptly in a panic saying he couldn’t chat and that he was extremely busy. I asked with what? He shared that he was trying to get all of his jobs posted and updated on Monster.com.

I didn’t realize until a few moments after we hung up that he was trying to get his jobs online the Friday before the Super Bowl to take advantage of Monster.com’s Super Bowl advertising.

I followed up with him the following Friday to ask how successful the campaign was. He said he had an overwhelming response and it was worth the extra effort late on a Friday afternoon. The high response rate did not end on that Sunday though, it continued deep into the following week as the various media outlets analyzed the Super Bowl ads and advertisers. The extra buzz continued to help his high response rate to his ads.

Over the following years we both tried to leverage the extra exposure online advertising/job boards received during and around the Super Bowl. Here are a few simple yet effective tips and conclusions:

1) Location, Location, Location – Get your jobs posted on the sites that are advertising during Super Bowl (if you have a subscription or the budget), ok this is a no brainer but worth mentioning. Note: At the writing of this article we were not privy to the final list of Super Bowl advertisers. However, it appears that Careerbuilder.com is advertising this year and HotJobs/Monster, too past Super Bowl advertisers, are taking a pass.

2) The Ripple Effect - If you do not have packages/subscription to those sites advertising during the game, at least get your jobs posted on all the sites you do (this includes your own corporate website). The residual effect of the Super Bowl advertising is huge. First, the awareness of online job hunting will get a lot of coverage and media exposure. In previous years, Monster.com’s traffic spiked huge after the game. Other career sites (non advertisers) also reported traffic spikes. In theory because job seekers looked for additional job hunting resources once they jumped online.

Second, employers also noticed an increase in traffic to their corporate career sections. Largely because many job ads or profiles contain links back to the company’s site. So it is imperative your jobs are updated on your employment section.

3) Timing is Everything – It is common knowledge that search results in a jobs database returns the most current jobs first, so posting late on Friday with everyone else may not be the best day/time to update/enter your jobs. By the time those ads run on Sunday and a job hunter gets to his/her computer your Friday job posting could be pages deep into the results. It maybe more advantageous to spend a few minutes over the weekend and update your jobs that Sunday morning to get prime first page positioning.

4) Better Late Then Never – The days following after the Super Bowl is a media circus analyzing the best ads, worst ads, etc. The extra press for those advertises and exposure to the industry will continue to drive job seekers to the web. Keep your jobs updated, post new jobs and if the site(s) allows refresh the posting date to return your jobs to the top of the search results.

In re-reviewing my own tips the conclusions are not rocket science but the extra attention you give to your job postings this time of year should reap higher candidate traffic.
 

About Author

Brian Weis is the President of Recruiters Network, The Association for Internet Recruiting. He has over 10 years of recruiting, contract recruiting and internet recruiting experience.

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Employment and Economy Stats

Current Stats

Unemployment Rate:
5.4% in Dec 2004

Payroll Employment:
+157,000(p) in Dec 2004

Average Hourly Earnings:
+$0.02(p) in Dec 2004

CPI:
-0.1% in Dec 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% Dec 2004
5.4% Nov 2004
5.5% Oct 2004
5.4% Sept 2004
5.4% Aug 2004
5.5% July 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
+157,000(p) in Dec 2004
+112,000 in Nov 2004
+337,000 in Oct 2004
+96,000 in Sept 2004
+144,000 Aug 2004
+32,000 July 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. elance.com - Post projects and contractor positions free.

Looking for a freelancer or contractor. Post your project free! Everything from business services, web design, programming and more! Click for more info on elance.com.

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. JedaSystems - Free Demo!

Add a powerful, full-functioned recruiting application as the employment or careers section of your corporate website. At $99 per month, WebLoom Recruiter is a cost effective solution for small and mid sized companies!  Click for more info and a free demo!

 

4. Free Guidebook to Online Recruiting from Yahoo! HotJobs and learn how to:

    -Target qualified candidates

    -Maximize your recruiting dollars

    -Evaluate online vs. newspaper job advertising

    -Write effective online job descriptions

           

Click here to get your free Guidebook today! 

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Employment Studies and Trends

Comparing the Retirement Savings of the Baby Boomers and Other Cohorts (01/24/2005)

This study compares the retirement savings behavior of four different age cohorts and finds that Older Baby Boomers (born from 1946 to 1954) are somewhat more likely than the other cohorts to hold a retirement account. It also finds that households in the Swing cohort (1928 to 1945) hold the largest amount of retirement savings, followed by, in order, households in the Older Boomers, Younger Boomers (1955 to 1964), and Generations X and Y (1965 to 1987) cohorts. More.

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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

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Upcoming Seminars & Conferences

Free Webinar:
The Cost of a Mediocre Hire - March 14, 2005
(Co-presented by DDI and iLogos)

Other Events
Feb 9-10 - CareerXroads Colloquium
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

BrightMove is currently offering a 30-day, “no obligation” free trial of this service. Companies can sign up and be using the service in just minutes.

BrightMove ATS is a robust, web-based business service that is targeted for staffing agencies and human resources departments. ATS is a contact management repository, customer relationship management tool and workflow engine all rolled into a user-friendly interface.

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Final Note - On The Lighter Side

Funny Employment Relate Cartoons >>

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