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Indeed’s Combing Its Data for New Tools and Tweaks

by May 21, 2015, 3:45 pm ET

Screen Shot 2015-05-20 at 7.52.51 PM‘Tis the season for user conferences; last week it was Cornerstone Convergence (where it launched a “platform as a service“), this week it’s Indeed Interactive in Austin, and some folks will head to HireVue soon.

Indeed, owned by a Japanese outfit, has done a small user event for a couple of years, but expanded it about 10 times the size this year, with attendance in the neighborhood of 500 attendees, many of these recruiters doing the plurality of their hiring with the job aggregator.

Indeed hasn’t blown out its product in the way some competitors have, like Monster and its 6Sense tools, like LinkedIn and its Bright purchase, and so on. It’s mainly been focused on job searches and job posts, not creating some sort of end-to-end system.

But the company is working on a variety of new tools and tweaks to improve its job board. keep reading…

I’m Dreaming of Another Recruiting Technology System

by May 19, 2015, 7:36 pm ET

Screen Shot 2015-05-19 at 4.23.58 PMWhile I was looking at Jobbatical and Drafted, another startup sprung up.

Launching today, it bills itself as a “next generation recruiting platform,” which among other features will handle video cover letters to screen before you start interviewing.
keep reading…

BMW, Amazon Are Tops in Reputation

by May 19, 2015, 12:08 am ET

Reputation top 10 2015The “Ultimate Driving Machine” company has powered its way to the top of the list of the world’s most reputable companies.

The Reputation Institute says BMW Group recaptured the top spot on its annual  global 100 list this year, after being unseated in 2014 by The Walt Disney Company. Disney ranked sixth on this year’s list, scoring 77.11. BMW, which scored a 77.21 in 2014, improved to a 78.98 this year. keep reading…

Digital Interviewing: A Full-circle Approach from Adoption to Addiction

by May 18, 2015, 1:17 pm ET

FREE ERE WEBINAR:  Wednesday, May 20 at 2 pm.

More employers are turning to digital or video interviewing as a way to reduce costs and speed up the time to hire. Employers and potential hires are increasingly able to schedule, record, and review interviews via smartphone apps. The digital interview is here to stay — but to get the best out of this new approach takes some careful thought and planning.

This webinar will take a full-circle approach to the whole process of digital interviewing.  We’ll start with how and why a company might adopt a digital interview platform, and then consider the challenges and benefits from the perspectives of recruiter, hiring manager, and candidate.

Join our free webinar on Wednesday, May 20 for practical insights into the world of digital interviewing

Our expert speakers Angie Wachholz and Lisa Starin will share their experience with digital interviewing platforms at UnitedHealth Group. They’ll  focus on the end-to-end process for adopting a digital interviewing platform and how recruiters and hiring managers can make digital interviewing work for them.

This webinar will fill up fast. Register now for free to reserve your seat for May 20.

Date/time:  Wednesday, May 20 at 2 p.m. EDT

Registration link:  https://cc.readytalk.com/r/88914711jj4r&eom

Sponsored by: Greenhouse

CareerBuilder Customers Subjected to Malware Attacks

by May 14, 2015, 11:20 pm ET

ERE15Spring-Sponsor-CareerBuilderUpdate: CareerBuilder says the issue with infected emails has been resolved and is not an ongoing problem. In an email this morning (5/15), a spokeswoman said, “The attack has been addressed, affected customers were notified right away and no other incidents have occurred.”

If you are a CareerBuilder customer, be careful what resumes you open. It could be malware. Or worse.

For the last few weeks, attackers have been sending CareerBuilder customers malicious attachments disguised as resume documents in response to their online job postings. Because they appear to be trustworthy and come through the job site’s mail platform, unwitting recruiters open the document and even forward the emails to hiring managers and others, unleashing a bit of code that then automatically downloads the malware. Once that happens, the program can steal data or wreak other havoc. keep reading…

Indeed.com’s Owner Wants to Dominate By 2020

by May 14, 2015, 6:34 pm ET

Indeed sales FY2014Global jobs aggregator Indeed came close to doubling its net sales revenue for the 12 months ending March 31, growing from $201.3 million U.S.) to $386.8 million (at the current exchange rate).

Indeed’s revenue puts it in the same league as CareerBuilder, Monster, LinkedIn, and Dice, all of which reported significantly larger revenue, but much smaller growth rates. From 2013 to 2014, LinkedIn posted the biggest increase among the top job sites, growing recruitment revenue 47.5 percent. Indeed’s growth, disclosed as part of the annual financial report of its owner, Japanese conglomerate Recruit Holdings Co., was 92.2 percent (in U.S. dollars).

Recruit attributed Indeed’s growth to the SMB market, noting, “Net sales trended favorably reflecting smooth growth in service use by small and medium-sized clients.” keep reading…

H and M’s Employees Are Stars of New Campaign As it Expands in U.S. and Beyond

by May 14, 2015, 1:43 pm ET

Screen Shot 2015-05-14 at 10.15.44 AMThe big Swedish retailer H&M is running a recruiting campaign in the U.S. called “Place of Possible” that’ll include advertising in stores, online, on billboards, as well as a college tour.

About 50 H&M employees will be featured. keep reading…

ACLU Says Hollywood Discriminating Against Women

by May 13, 2015, 6:49 pm ET

american-civil-liberties-union-of-southern-californiaThe American Civil Liberties Union of Southern California says both TV shows and movies are discriminating against women by not hiring them to be directors.

It wants the government to investigate. keep reading…

Staffing Firms Must Up Pay, Benefits at Facebook

by May 13, 2015, 2:37 pm ET

facebookOne of Silicon Valley’s giants said today it will require its staffing vendors to pay their workers at least $15 an hour and give them paid sick leave and vacation.

Facebook COO Sheryl Sandberg announced the new policy in a blog post today.

“We are implementing a new set of standards on benefits for contractors and vendors who support Facebook in the U.S. and do a substantial amount of work with us. These benefits include a $15 minimum wage, minimum 15 paid days off for holidays, sick time, and vacation, and for those workers who don’t receive paid parental leave, a $4,000 new child benefit for new parents,” she said. keep reading…

Mobile Recruiting by the Numbers

by May 11, 2015, 4:10 pm ET

FREE ERE WEBINAR! Wednesday May 13 at 2 p.m. Eastern

It’s clear that mobile recruiting, and implementing career sites accessible via smart phones and mobile devices, is growing in importance across all industries. But merely having a mobile site isn’t enough. You need to capture and analyze the usage data that will help you understand how your potential candidates are using your mobile tools and continue to refine the strategy.

This webinar takes a practical approach, looking at how McKesson determined, in 2013, that mobile recruitment was right for its overall TA strategy. This webinar covers how McKesson went from a non-mobile friendly recruitment platform to a fully responsive one. We’ll look at how the company went about requirements gathering, reviewing data points to develop the strategy, selecting the technology, and some of the metrics it is using to help drive cost effective hiring outcomes.

Join our free webinar on Wednesday May 13 for practical insights into how McKesson made the journey to a fully responsive mobile recruitment platform.

Our speaker, Cindy McGregor, will discuss her experience with McKesson’s mobile recruitment strategy and tools. She’ll share insights into the process of evaluating the mobile recruitment strategy and putting it into place.

This webinar will fill up fast. Register now for free to reserve your seat for May 13.

Date/Time: Wednesday May 13 at 2 p.m. Eastern

Registration link:  https://cc.readytalk.com/r/mgfekt33f9c0&eom

Sponsored by:  Jibe

Jobs Rebounded in April as Unemployment Drops

by May 8, 2015, 9:52 am ET

Economic Indicators April 2015Hiring rebounded last month as employers added 223,000 new workers to U.S. payrolls, providing relief for worries of a jobs slowdown.

The increase was well within the range economists were expecting in advance of this morning’s release of the Labor Department’s monthly employment report. Economists also correctly predicted the continuing drop in the national unemployment rate to 5.4 percent, the lowest since April 2008.

Investors responded to the positive report by pushing up the price of stocks. The Dow was up more than 200 points this morning on news of the jobs report. keep reading…

Another Recruiting Technology Startup Has Its Eyes on Hourlies

by May 7, 2015, 4:06 pm ET

WorkJamWith the big spring event behind us, I’ve been catching up with a few recruiting suppliers.

Gild continues to move well beyond its history as a screening-only tool, becoming a full-blown tool for sourcing, analytics, scheduling, and optimizing job posts. Bullhorn has hired a former Salesforce VP, Danielle du Toit, as SVP of global services. 

Meanwhile, a new entrant is joining the recruiting/human resources technology market for service-sector businesses, particularly those with a lot of hourly employees. keep reading…

Job Board Revenues, Forecasts Hint at Global Hiring Slowdown

by May 7, 2015, 12:29 pm ET

Recruitment revenue q1 2015Monster this morning reported per share earnings that again beat Wall Street expectations, though its revenue for the first quarter of the year fell short of analysts’ forecasts.

The company earned 8 cents a share, after accounting for stock based compensation and restructuring costs. Without those one-time costs, earnings were 9 cents per share. Revenue came to $183.7 million; Wall Street wanted $187.1 million.

Global currency exchange rates took a toll on Monster’s overseas operations, costing it a 13 percent decline in international revenue. Even adjusting for the difference in exchange rates from Q1 of 2014, Monster’s international revenue was off 1 percent. North America also was down, declining 4 from the same quarter last year. Bookings, though, were up 6 percent in North America. Bookings are signed contracts.

These are the data points. What they suggest for the future is harder to read. The company said it expected to earn between 7 and 11 cents per share in the current quarter. Analysts forecast 8 cents. keep reading…

Early Jobs Report Suggests April Was Another Slow Month

by May 6, 2015, 2:51 pm ET

ADP apil 2015Worried investors sent stocks lower today after ADP said private employers added 167,000 jobs in April, the smallest increase in 16 months and well below the 200,000 economists were forecasting.

Compounding the surprise, the HR services and payroll processing company revised down its initial jobs report for March, lowering the already disappointing 189,000 to 175,000.

The significance of the ADP report is often questioned by economists since the numbers rarely track with the U.S. government’s monthly employment report, which it precedes by a day or two. Surveys of economists’ forecasts show they expect the government report this Friday to put April’s job growth somewhere around 225,000. keep reading…

How the New England Patriots Manage Talent

by May 1, 2015, 5:30 am ET

Screen Shot 2015-04-23 at 12.40.50 PMThe New England Patriots have produced some of the most astonishing statistics in sports history. Outside of 12 AFC East Championships, six AFC championships, six Super Bowl appearances and four victories in the last 15 years, their winning record is staggering.

Learning the secret to the Patriots’ success and practicing their winning talent formula will help you reach the incredible achievements they have experienced.

This type of consistent success doesn’t just happen. It’s made and achieved from a championship formula.

The competitive closeness among the teams of the NFL — or in any professional sports league — is razor thin. The difference between coaches, owners, money, facilities, fans, and players is almost indistinguishable.

It’s the less obvious things that a team does that separate it from the others. keep reading…

LinkedIn Stock Hammered on Lowered Expectations

by Apr 30, 2015, 8:15 pm ET

Recruitment revenue q1 2015LinkedIn got hammered today after it scaled back its financial outlook and reported the slowest quarterly growth since it went public in 2011.

Despite another record setting revenue quarter, investors dumped shares in after-hours trading, sending the stock down by as much as 25 percent or more than $50 a share. LinkedIn closed at $252.13.

It was after the New York markets closed that LinkedIn announced it earned 57 cents a share, a penny more than Wall Street’s  consensus forecast. (Including stock-based compensation and other items typically excluded by analysts, LinkedIn lost 34 cents a share.)

Revenue for the first quarter came in at $637.9 million, also better than expected. keep reading…

Video Interviewing – the new First Round?

by Apr 29, 2015, 3:09 pm ET

The idea behind video interviewing is simple. The candidate records his or her responses to pre-recorded questions and submits the video in place of an in-person or phone meeting. It’s convenient for the company and for the candidate.

 It seems like a win-win, and this webinar covers how video interviewing can take the place of the first round phone screen. We’ll take a look at the different ways to use video interviewing and explore how you can avoid some of the common pitfalls.

Sign up for a free webinar on Wednesday, May 6 to learn how video interviewing can replace first round phone screens and save time and money for talent acquisition teams.

Drawing on her experience at RMS, our expert speaker, Danelle DiLibero will discuss how a small talent acquisition team uses video interviewing to save time and money while increasing its marketing reach. She’ll share some dos and don’ts to get the most out of this approach to first round screening.

This webinar will fill up fast. Register now for free to reserve your seat for May 6.

Date/Time:  Wednesday, May 6 at 2 Eastern Pacific

Registration Link:  https://cc.readytalk.com/r/h7sgh8mnv5s6&eom

Sponsored by:  Jobvite

I Heard It in the Exhibit Hall at the Spring ’15 ERE Conference

by Apr 29, 2015, 12:22 pm ET

ere15s-logo-ere15confA little o’ this, and a little o’ that from the exhibit floor at the spring ERE conference in San Diego. keep reading…

Job Prospects Are Looking Up This Year for the Class of 2015

by Apr 23, 2015, 12:46 am ET

NACE hiring-predictions-2015The job prospects for this year’s college seniors are better than they have been in years, say two different employer surveys.

CareerBuilder’s survey of 2,175 hiring and human resource managers found 65 percent of them planning to hire one or more of the upcoming graduates, an eight-point increase from last year’s survey and the largest percentage since the year before the recession. keep reading…

SEC Sues Company Behind the HR Job Board OpenReq

by Apr 22, 2015, 7:21 pm ET

openreq logoA federal court in Florida has all but closed down the operations of OpenReq and its parent company, eCareer Holdings, after the Securities and Exchange Commission charged the firm and its principals with fraud and securities violations.

The court issued a temporary injunction freezing the company’s assets, and those of its chairman and principal shareholder, Joseph J. Azzata, who is also temporarily prohibited from serving as a company officer or director.

When contacted by the South Florida Business Journal, Azzata’s attorney declined to comment.

The civil suit, filed earlier this month, accuses the firm and Azzata of using a boiler room operation to sell unregistered shares in the company and defrauding investors. The lawsuit says investors, many of them elderly, some between 85 and 98, were told the funds would be used as working capital to build eCareer Holdings’ online job board and staffing business. keep reading…