John Zappe

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Recruitment, HR Stocks Hit Harder Than Market

by
John Zappe
Oct 6, 2008, 5:28 pm ET

Recruitment stocks were no exception to the hammering stocks took today as investors worldwide drove down markets, sending a message to finance leaders that they were unimpressed with Friday’s U.S. bank bailout. A spotcheck of several publicly traded HR vendors showed most of them were off by at least as much as the overall markets, all... [full article »]

New Version Sourcing Tool Designed With Help From the Pros

by
John Zappe
Oct 3, 2008, 5:21 pm ET

Are you perpetually recruiting? Then you should be perpetually sourcing. And, no surprise, there’s a sourcer’s tool for the recruiter who wants to find, build and maintain a relationship with future potential hires. Version two of the popular Perpetual Sourcing web-based sourcing and CRM system was released last month. That might not ordinarily be news, but... [full article »]

Companies Not Hiring, Workers Not Looking As Economy Falters

by
John Zappe
Sep 30, 2008, 1:29 pm ET

The ranks of passive jobseekers are growing as workers decide now is not the time to look for a new job.  Many, in fact, are considering taking classes to improve their job prospects, while 41 percent told pollsters they intend to stay in their present job until they retire. Another 38 percent said they expected... [full article »]

Authoria Sold To Investment Firm

by
John Zappe
Sep 29, 2008, 2:58 pm ET

Talent management vendor Authoria (profile; site) has been acquired by private investment firm Bedford Funding for $63.1 million. The deal leaves intact Authoria’s management team including founder and CEO Tod Loofbourrow, who said that the acquisition “brings us an investor well matched to the size of the market opportunity... [full article »]

Why You Should Care About Talent Management Systems

by
John Zappe
Sep 25, 2008, 6:59 pm ET

Why should a recruiter care about talent management programs? If you don’t have a good answer, consider this: the talent those systems help a company manage is talent you had a hand in bringing on board. With the increasing awareness of CEOs and HR executives that quality of hire is part of the evaluation equation for... [full article »]

Software Vendor Workstream On Verge of Being Delisted by NASDAQ

by
John Zappe
Sep 24, 2008, 1:32 pm ET

There’s more trouble for Workstream (profile; site), the Canadian-headquartered talent software and services vendor. Already wrestling with an almost certain delisting of its stock because of its low price, Workstream is now appealing a second NASDAQ delisting notice it received because the company has not filed an annual report. Workstream issued a press release today saying... [full article »]

Kenexa Stock Taking A Beating After Company Cuts Earnings Estimate

by
John Zappe
Sep 11, 2008, 2:17 pm ET

Kenexa is taking a beating on Wall Street today, losing 27 percent of its value as of 2 p.m. Eastern time, following an announcement Wednesday by the talent management software vendor that economic conditions are slowing corporate HR buying. The company’s stock was off $5.89 as of 2 p.m. EDT, selling for $16.14 as buyers reacted... [full article »]

CareerBuilder Ends Video Resume Experiment

by
John Zappe
Aug 26, 2008, 1:24 pm ET

Little more than a year after introducing video resumes, CareerBuilder has discontinued the service. It was quietly taken offline in June. The company won’t say how many jobseekers posted videos, but it seems the participation rate wasn’t high enough to warrant CareerBuilder’s effort. Job board spokesperson Jennifer Grasz told us, “We’re always testing the market ... [full article »]

Corporate Rating Site Is Part of A Trend You Need To Watch

by
John Zappe
Aug 26, 2008, 6:04 am ET

Rating employers is not a new idea. Vault has (profile; site) been doing it for years and for pay. There’s JobVent, which has an 11 point rating system and the ability to leave comments. Jobster (profile; site) has a feature where employees can talk about what it’s like working for their company. F–ked Company used... [full article »]

3 Minutes to Building A Better Brand

by
John Zappe
Aug 22, 2008, 5:45 am ET

Who wants to be thought of as an “employer of choice?” “Don’t we all,” says Karin Lash, regional director, interactive strategy for TMP Worldwide. But, how do you do that? How do you build an employer brand? We caught up with Lash and Ryan Estis, senior vice president and chief talent strategist for NAS Recruitment, who shared with... [full article »]

Ready For Your Closeup? Here’s A Quick Guide To Job Board Video Production

by
John Zappe
Aug 20, 2008, 5:54 am ET

You’ve done your homework and sold the boss on getting a company video made. In fact, you did such a good job the CEO is hinting around about having a starring role, and since it was your idea, you’re in charge of the project. Now what do you do? [full article »]

New York Complaint Says ‘The Garden’ Discriminated In Background Check

by
John Zappe
Aug 19, 2008, 6:30 am ET

The hiring practices of one of the most famous entertainment venues in the world have been called discriminatory as the result of a background criminal check that turned up a job candidate’s assault conviction. A New York City law firm filed a complaint with the Equal Employment Opportunity Commission claiming Madison Square Garden discriminates against African-American... [full article »]

RecruitMilitary Buys Competitor

by
John Zappe
Aug 18, 2008, 2:28 pm ET

Even the military is not immune from the consolidation of job boards. Today, RecruitMilitary, LLC announced it bought competitor Landmark Destiny Group for an undisclosed amount. A subsidiary of Virginian-Pilot Media Companies, a Norfolk, Virginia newspaper company, Landmark Destiny operates a job board for U.S. military personnel transitioning to the private sector and recently separated... [full article »]

Pick A Color, Find a Career

by
John Zappe
Aug 13, 2008, 4:26 pm ET

If you’re into brown, blue and green you ought to go be a doctor or a forest ranger. See how easy picking a career is when you know your colors? Like white? Then interior decorating is for you. (Too easy. Everyone knows white goes with everything.) How about if your favorite colors happen to be black and... [full article »]

Kenexa Has A Winning Quarter But Dampens Wall Street’s Enthusiasm

by
John Zappe
Aug 4, 2008, 8:23 pm ET

Kenexa (profile; site) earned $9 million or 39 cents a share for the quarter ended June 30, beating Wall Street’s estimate of 35 cents and joining Taleo and Monster in reporting better than expected results. The company’s $56.4 million in revenue was an increase of 25% over the $45.2... [full article »]

Taleo Has Profitable 2nd Quarter

by
John Zappe
Jul 31, 2008, 6:50 pm ET

Taleo (profile; site) reported its second quarter results today, saying revenues climbed to almost $39 million, a 25 percent year-over-year increase. It also picked up 225 new customers and bought Vurv (profile; site). The big news in its financial report is that the company turned a profit and beat analysts’ estimates. The company earned and adjusted... [full article »]

Monster Buys Trovix And Beats The Street

by
John Zappe
Jul 31, 2008, 5:56 pm ET

Big news from Monster (profile; site) today. It bought jobmatcher Trovix (profile; site) for $72.5 million; settled that class action shareholder lawsuit over the stock options backdating for $25 million, and managed to beat Wall Street’s expectations for its 2nd quarter financial performance, earning 40 cents a share excluding one-time expenses. The Street consensus... [full article »]

PayScale Survey Says You Can Major In English And Still Get a Job

by
John Zappe
Jul 31, 2008, 5:40 pm ET

Who knew that: Dartmouth College graduates have the highest median salary in the country with a Total Cash Compensation of $134,000; Colorado School of Mines has the highest median salary of all schools west of the Mississippi, excluding California, with a median Total Cash Compensation of $106,000; The University of California Berkeley is the state school with the... [full article »]

Younger Workers Not All Sold On Casual Attire; But Their Bosses Are

by
John Zappe
Jul 31, 2008, 6:06 am ET

Now here’s a curious tidbit from a totally unscientific poll that has us scratching our head: Half of all entry- and middle-level workers think business casual dress hurts productivity. That alone surprised us, since we have this sense that most lower-level workers are in their 20s and 30s and came of age at a time when... [full article »]

Yahoo! Execs Walk, But Not At HotJobs

by
John Zappe
Jul 30, 2008, 6:13 am ET

With the Carl Icahn proxy fight averted and the Microsoft buyout dead (today, but check back tomorrow), Yahoo! can resume the reorganization it announced last month. It should be easier than most of the previous reorganizations the company went through as this time several top corporate positions are vacant. (Watch out, though, for the fireworks... [full article »]