Recruiters Network


June 15, 2005  

VOLUME 7 ISSUE 20

  
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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:
How to Interview and Hire Top Sales
Employment and Economy Stats
Special Trials and Discounts
Employment Studies and Trends
Layoffs and Downsizing Report
Upcoming Conferences
Site Of The Week: SalesResources.com
Final Note - On The Lighter Side

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Newsletter Sponsors

1. Resume Grabber
A resume data entry tool to import resumes into ACT, Online ATS, Other Databases.

More Information >>

2. Recruiting Professionals - Join the Microsoft research panel!
Have a direct impact on the design of new productivity tools for HR and
recruiting professionals. Participants are eligible to enter a sweepstakes to win a grand prize of $500 or 5 additional prizes of $100 each!

To see if you qualify for the panel, take our six-minute survey:

Join our elite group and contribute to the development of some of the world's most popular software.

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A Note From The Editor

Keep your pants on during the interview.

A man who tried to conduct a job interview naked has been sentenced to three years' probation and placed on the sex offenders' register.

Complete Story >>

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Breaking News

Jeff Taylor leaving Monster.com

Jeff Taylor, the founder of Monster.com, will leave the company in August to establish a new venture that's still in early development. The company plans to provide some seed capital for Taylor's new venture, which won't be employment-related; the specifics of the undertaking are being kept confidential.
 

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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
How to Interview and Hire Top Sales People Each and Every Time
By Gregory Smith

Ponder for a moment the last person you hired. After you selected them, did they work out as intended? Or did they turn into somebody totally unlike what you thought when you interviewed them?

The most important aspect of any business is recruiting, selecting, and retaining top sales people. Research shows those organizations that spend more time recruiting high-caliber people earn 22% higher return to shareholders than their industry peers.

However, most employers do a miserable job selecting sales people. Many companies rely on outdated and ineffective interviewing and hiring techniques. This critical responsibility sometimes gets the least emphasis.
Hiring and interviewing is both art and science. Refusing to improve this vital process will almost always guarantee you will be spending money and time hiring the wrong people. Here are several reasons why traditional techniques are inadequate:

 

  • The majority of applicants "exaggerate" to get a job

     

  • Most hiring decisions are made by intuition during the first few minutes of the interview

     

  • Two out of three hires prove to be a bad fit within the first year on the job

     

  • Most interviewers are not properly trained nor do they like to interview applicants

     

  • Excellent employees are misplaced and grow frustrated in jobs where they are unable to utilize their strengths

Hire the best and avoid the rest. Cisco CEO John Chambers said, "A world-class engineer with five peers can outproduce 200 regular engineers." Instead of waiting for people to apply for jobs, top organizations spend more time looking for high-caliber people. An effective selection and interviewing process follows these five steps:

Step 1 -- Prepare. Prior to the interview make sure you understand the key elements of the job. Develop a simple outline that covers the job duties. Possibly work with the incumbent or people familiar with the various responsibilities to understand what the job is about. Screen the resumes and applications to gain information for the interview. Standardize and prepare the questions you will ask each applicant.

Complete Article >>

About Author

Greg is the "Captain of the Ship" and CEO of Chart Your Course International, a management development firm that shows organizations how to hire, develop, and retain their talent. He is a motivational and inspirational speaker and organizational development consultant specializing in leadership, talent management, organizational change, employee retention, and teambuilding. Greg is located in Atlanta, Georgia.

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Employment and Economy Stats

Current Stats

Unemployment Rate:
5.1% in May 2005

Payroll Employment:
+78,000(p) in May 2005

Average Hourly Earnings:
+$0.03(p) in May 2005

CPI:
+0.5% Apr 2005

ECI:
+0.7% 1st Qtr of 2005

Productivity:
+2.6% 1st Qtr of 2005

Source: BLS.gov
(p) = projected

Trends

Unemployment Rate
5.1% May 2005
5.2% Apr 2005
5.2% Mar 2005
5.4% Feb 2005
5.2% Jan 2005
5.4% Dec 2004

Employment Cost Index
+0.7% in 1st Qtr of 2005
+0.7% in 4th Qtr of 2004
+0.9% in 3rd Qtr of 2004
+.9% in 2nd Qtr of 2004

Change in Payroll Employment
+78,000(p) in May 2005
+274,000 in Apr 2005
+110,000 in Mar 2005
+262,000 in Feb 2005
+146,000 in Jan 2005
+157,000 in Dec 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. Guidebook to Online Recruiting Free from from Yahoo! HotJobs

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! 

2. 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.

3. 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

4. HotResumes.com - Search 100,000's of resumes for only $199 a year. Click here to test drive the demo search.

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Employment Studies and Trends

Recruiters Confidence Remain Strong

Execunet reported, As executive hiring continues to rebound, ExecuNet's Recruiters Confidence Index remains near its all time high as the summer months approach. In May, the monthly survey of executive recruiters conducted by ExecuNet revealed the search industry is expecting a double-digit increase in new executive-level assignments during the next six months.

According to the survey of 102 executive recruiters, 72% are confident or very confident the executive employment market will improve during the next six months — down from a twenty-two month high of 78% in March. During the next six months, the executive search industry is expecting a 14.8% increase in the number of assignments received from corporate clients.

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Layoffs and Downsizing Report

The layoff and downsizing report can be a great leads source for candidates. More information on how to use this section >>.

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Upcoming Seminars & Conferences

July 19 - NAHCR Annual Conference
July 26-27 - CareerXroads Focus: College Recruiting
Sept 21-22 - The 8th Annual Recruiting & Staffing Summit

Complete calendar for upcoming conferences and seminars.

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Site of the Week

SalesResources.com - looking for sales people. Post jobs where they go to get their info. Jobs4Sales.com is the official job board of SalesResources.com.

Buy 1 job posting get one free - mention discount when registering on Jobs4Sales.com .

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Final Note - On The Lighter Side

I am still laughing that a man stripe down naked to conduct an interview...does it get any funnier than that? View Story (Again) >>

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