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Yellojobs

Vanessa80 — Sun, 06 Jul 2008 14:08:11 CDT

Yellojobs.com is an online referral network that consists of employers who post jobs and users who get paid when a friend or colleague they recommend for the job gets hired. The idea is to make every individual a headhunter. Currently in the U.S. there are nine registered employers on Yellojobs, including Canyon Leasing and Exterran. Companies on Yellojobs are offering $13,500 in total rewards for referral bonuses.
Yellojobs.com sites in India, Thailand & USA and Yello classifieds sites in Thailand, India, Singapore, Philippines, Vietnam, Malaysia and Indonesia.

Yellojobs.com India, where the site enjoys an increasingly strong presence, has three Directors, Dr. Andreas Koestler who is the Founder & CEO of Yello, Mr. Wolfgang Viragh as Chairman & CFO of Yello and Ms. Nina Alag Suri, who is also Managing Director APAC for Contact Recruitment Ltd, a premier London/Singapore based recruitment firm. Yellojobs.com in India is headed by Mr. Vikramjit Singh Sahaye who was also instrumental in creating the YelloRewards referral system.

The CEO of Yellojobs.com USA is Jim Newfrock, who has a background in strategy, finance, and operations gained as senior director and practice leader with Booz Allen Hamilton. Their COO and VP of Business Development is Alex Conway.

For insight into the company's marketing strategy and what sets them apart from other referral networks, check out the video above, conducted by Joel Cheesman at this year's SHRM conference in Chicago.

Harvard Business Review vs. The Long Tail

jcheesman — Wed, 02 Jul 2008 09:11:06 CDT

Harvard Business Review on the Long Tail

Anita Elberse of Harvard Business School has completed a new look at consumer data to write a piece entitled Should You Invest in the Long Tail? Her article seems to be written as a corrective to some of the hoopla around Chris Anderson’s book, The Long Tail. Her article is worth reading but mainly for the quality of her research. The analysis, however, struck me as often wrong-headed and fairly first level. When looking at consumer research, what I find interesting are non-intuitive, actionable insights. Elberse’s discovery that, as she modestly states, “may be of intellectual interest to readers,” that there’s money to be made in blockbusters is neither. A record executive that states “if we just had more platinum records, we’d make more money,” would not be applauded for strategic vision. I found the tone of the piece somewhat arch as if Elberse felt it necessary to provide a necessary tonic to the success of Anderson’s book. There’s a hint of straw man building when she suggests “…that it would be imprudent for companies to upend traditional practice and focus on the demand for obscure products.” As if, a Blockbuster executive might put forward the shifting the product off the new release wall and replacing it with the French New Wave. To look at the Rhapsody data and to come away with the insight that the music that is most popular to music consumers is also of most interest to Rhapsody customers is not that interesting. That, as Anderson puts in his rather polite response, Rhapsody gets 68% of its demand from titles that are not available in traditional retail stores, is the type of insight could really upend the entertainment media value chain. Even limited just to the arena of producing more blockbusters, if companies can monetize inventory they had previously written off and find more ways make profits on titles that fail to appeal to a larger audience, they can afford to make more bets and increase their odds of having more blockbusters in their portfolio. The notion that entertainment co’s might be able rethink their portfolio strategy seems much more useful than Elberse’s advice that “When producing niche goods for the tail end of the distribution, keep costs as low as possible.” One of the key tenets of the Long Tail was that new modes of distribution were causing a regression towards zero in inventory carrying and transactional costs. This is why a company like Netflix (NFLX trades at 3x BBI) can have an inventory position vastly superior to a regular video store. Elberse’s advice that retailers need to “Strictly manage the costs of offering products that will rarely sell,” especially given to retailers who traditionally have operating margins close to 3% and are already very cost focused just doesn’t seem that useful. In a final dig, noting the delicious irony that Anderson’s ideas were contained in a bestseller, she again (just as her Rhapsody and Quickflix data seem to reinforce Anderson’s thesis) states the obvious and inadvertently makes Anderson’s point. Publishers were willing to make a surprisingly large bet on a book with a few too many mentions of Power Laws to generally attract a large audience. In making a large bet, Hyperion signaled their awareness that bestsellers can make money and in Anderson’s case, maybe they took to heart that with new potential audiences for niche content, they had a hedge that allowed them to make the “jaw dropping” offer and subsequently win the bidding war and make a decent return. As it pertains to recruitment advertising, our Workhound and SalaryTrack sites benefit from investments in data procurement and processing. A key proposition for is that we provide substantial market coverage and that our data is of sufficient quality and quantity to be useful. Much of our investment is in processing data records that are found in the Tail of the distribution curve and our users find great value in it. Wmhttp://blog.workhound.co.uk

Disrupting Search Marketplace

jcheesman — Fri, 20 Jun 2008 15:52:38 CDT

Disrupting the Search Marketplace

Danny Sullivan of the search engine land site does a nice job of parsing May search data here. His analysis nets out that in several cuts of the data, Google is continuing to dominate the search business. There is much speculation about whether threats to Google’s dominant market position will bubble up or be met head on.
Our inclination is that it will be a combination of shifting internet usage patterns and a shifting in the notion of what constitutes search. And we’ve always maintained that Google’s utility in some of the verticals that generate large cash flows is not great. In travel, classifieds, and services, Google does not offer a great user experience for either the advertiser or information seeker.
Read Write Web, has an interesting piece looking at 11 search trends that may disrupt Google. In general they are arguing that some of the areas that Google is dominant are very expensive areas to compete in and just not meaningful to end users. We at workhound.co.uk agree.

Podcast 60: Who Owns Your Recruitment Network?

stopps — Wed, 18 Jun 2008 14:06:35 CDT

E-recruiting news this week: a UK court suggests your LinkedIn network is not yours, positive signs for job advertising and Taleo makes Gartner's Leader's Quadrant.

All this news, and more, this week on born.

Jobster

jcheesman — Fri, 20 Jun 2008 15:52:14 CDT

Jobster makes extensive use of Web 2.0 technologies to help jobseekers search job postings on Jobster.com as well as job boards from across the web and employer sites; explore user-generated content about companies and their culture and use social networking to connect with current and past employees at the companies the user is interested.

Features include:

Professional profiles. Jobster users create dynamic online profiles containing information about employment and educational history. Jobster profiles are optimized by search engines enabling increased profile visibility.
Superstar Tags. Users tag themselves much like users of Flickr or YouTube tag pictures or video, but with Jobster, users use as tags key attributes that represent their skills and background. Jobster introduced scarcity to tagging by limiting a user’s key tags to five, which can then be stack-ranked by the user to highlight the five most important attributes based upon which they want to be found.
Video Profiles. Users can add video resumes or other related video to their profiles; initially by embedding videos hosted on YouTube.

Jobster provides recruiting tools and subscription contact management services for employer

Free Job Postings. In early 2007, Jobster made posting a job on Jobster free. Each job is tagged with key candidate a

onTargetjobs

jcheesman — Tue, 17 Jun 2008 08:47:29 CDT

OnTargetJobs, based in Fort Worth, Texas, is a specialty online advertising portal focused exclusively on niche job boards. OnTargetJobs is comprised of leading online job boards focused on the healthcare, hospitality, and accounting and finance industries respectively. Warburg Pincus and Allen Paschal, C.E.O. of OnTargetJobs, founded the company in 2005 to capitalize on the migration of advertising spending from traditional print media to the Internet. The company is focused on acquiring online job boards that are category leaders in specific industry verticals, and OnTargetJobs continues to evaluate opportunities to expand its strategy in complementary or adjacent categories.

Climber.com

kristingissaro — Mon, 16 Jun 2008 11:31:10 CDT

Climber.com provides a unique source of Qualified, Available & Interested passive Candidates. All Candidates complete a Work Values assessment and an in-depth profile, which Climber.com uses to match against an organization’s requirements.

Why use Climber.com?
• Post Jobs and/or Search Database
• Network with Qualified, Available and Interested Passive Candidates
• Ideal source for Diverse and Educated Candidates
• Have your network built for you
• Save time and resources by speaking with candidates who want to talk to you
• Build a talent pipeline of a higher caliber candidate

How we’re different:
• Offer a Social Network/Job Board Hybrid
• Over 270,000 Career Candidates in our database
• 10th most visited Career Resource on the Web
• 75% of our Climbers are College Educated
• Bricks and Clicks Methodology
• Consultative Account Management

For more information contact:

Kristin Gissaro
Director, National Sales
904-738-9533
kristing@climber.com

TalentMash

kristingissaro — Mon, 16 Jun 2008 10:53:33 CDT

By Kristin Gissaro

TalentMash is a blog started by Gen Yer, Kristin Gissaro, to provide an outlet for her thoughts on the rapidly changing Recruitment Communications industry.

With six years of experience in the Recruitment Communications Agency world, marketing experience and a journalism degree, TalentMash offers insight into the industry's leading trends mixed in with a little humor, common sense mentality and personal perspectives.

Workhound Named top 10 Site

jcheesman — Mon, 16 Jun 2008 12:03:17 CDT

Workhound Named Top 10 Career Site by the Guardian

We noticed a spike in traffic to our SalaryTrack (salary calculator) tool yesterday. When looking at the source of traffic, we noticed a decent chunk from the Guardian. This indicated a couple of things. One that Guardian readers are certain that they are worth more than they’re currently paid (and who are we to quibble) and that we may have been mentioned in passing in their editorial content. And we were.
They compiled a Top 10 Career Site list and we came in at #4.Top 5 include: Monster, CV Masterclass, Recruiter, Workhound.co.uk, and DirectGov.
We also got a fun mention from and excellent podcast by Broadcasting Online Recruiting News. They tweak us a little for our Twitter Job feed (but they are a great resource for recruitment information, nonetheless;-) ).

How To Prepare for An Interview

jcheesman — Thu, 12 Jun 2008 15:16:02 CDT

How to Prepare for a Job Interview

Often regarded as nerve-wracking, a job interview is your chance to prove to a prospective employer that you are capable of performing in a role. However whilst it’s imperative to make sure that you’ve gathered as much information in terms of research as possible, it’s important to remember that an interview should be a two way process, ie an opportunity for you to be able to “try a new employer” for size. For this reason it’s key to try to be yourself and enjoy the exchange of information and aim to get as much out of the meeting as you can.
We’re happy of course to give advice on pre interview research angles, just let us know, although a few basic points are worth remembering:

• company websites are a must for core business information; it’s also a good idea to use search engines to identify recent press or product launches.

• If you’re required to undertake aptitude and / or psychometric tests, it’s not a bad idea to spend some time on some practice tests – dependent on the type of testing we’d be happy to advise on this.

• If you’re presenting a case study, ensure that you are clear on the task before you undertake it and that you have all the material / information you require. It’s worth double checking what facilities will be available to you on the day – there’s nothing worse than turning up with a just a CD to find that there is no laptop in the room!

• Ask the background of the person interviewing you. It is not only useful from a conversation perspective but can also provide food for thought and discussion when it comes to finding out about the organisation’s progression structure.

• Get a good sleep before your meeting, ensure that you know where you are going and that you leave yourself enough time to arrive comfortably and early!

External Links

Preparing a Resume

Vertex _Resourcing

jcheesman — Thu, 12 Jun 2008 15:15:43 CDT

Specialists in FMCG, Retail and Consultancy recruitment / jobs in the UK.
FMCG Jobs / Recruitment - Vertex Resourcing UK

Glassdoor vs. Salarytrack.co.uk

jcheesman — Thu, 12 Jun 2008 15:15:11 CDT

Looking through Glassdoor Darkly

Businessweek looks at a new startup, Glassdoor.com, here. The company has an impressive pedigree and a nice looking site, but we think these types of “review your teacher/company/cafe” products provide anecdotal but not really actionable data. Fine for selecting a muffin but less useful for negotiating a salary. The use of self-reported survey data is an established protocol for putting together survey reports. But it’s used to make the process of collecting information easier so that more data can be collected. It is well known that self-reported self-selected survey data is much less reliable but if you collect enough of it, it becomes somewhat statistically meaningful. In the case of glassdoor, the salary data is self-reported from a single company and the data sets per job title are small, it’s fun, anecdotal info but hardly actionable. Knowing what 6 project managers at Google earn, tells one just about nothing about what kind of salary they can expect. Having hired many project managers at many different salary levels, there are so many different variables we looked at to determine a fair offer that knowing what 6 anonymous individuals say they earn wouldn’t be convincing. With our salarytrack.co.uk tool, we look at millions of data points so that we can provide granularity and actionable salary data - and we’re still hungry for more data just to improve our results. Our SalaryTrack looks at data for current offers of employment. Unlike survey reports which use historical data, we only display data from current UK job postings.
Data is completely customizable allowing for searches based on any job title, skill, and location. Salary median averages are provided with distribution and percentile charts allowing you to view the salary spread. Additional breakdowns provide an instant view of salaries across the UK regions, and industry sectors. I really enjoy a good gossip site (valleywag), and often use products like tripadvisor to help select a hotel, and so I think glassdoor could very well become successful but it will not replace a more professional approach to providing salary data.
billblog.workhound.co.ukworkhound.co.uk

The 20 billion pound opportunity in UK Online Recruitment Advertisin

wmfischer — Wed, 11 Jun 2008 01:49:05 CDT

Workhound.co.uk thoughts on the UK online recruitment landscape.

The Internet Advertising Bureau (IAB) provides great data for determining emerging opportunities in the online advertising space. The IAB/PWC 2007 data for the UK is fascinating. Some highlights:

38% Year on Year Growth in UK online advertising spend
£2.8 billion spent online - now larger than press classifieds and regional newspapers.
£720 million spent on online recruitment advertising (single largest category - more than 2x automotive)

Enhance Media, another great resource for industry data, suggests that it won’t be until 2009 that the internet will top all competitors (regional, national, and trade press). But they are only looking at the £287 million spent on online recruitment classifieds - less than half the online recruitment spend. Shrewd online advertisers only care about the ROI of their ad purchases. To them, the only distinction between online classified, display, or search advertising is ROI. Hence, it was in early ‘08 that online became king. But, this only tells part of the story. Online publishers have much higher gross margins, operating margins, and trade at much higher P/Es than traditional publishers. Whereas a national newspaper organization might have a 6-8% operating margin and trade at a P/E of 10-15 which can lead to a chart like this: An online publisher is likely to have operating margins in the 30-40% and trade at a P/E of 30-40. This means that when the market looks at the present value of the future cash flows of these two types of entities they strongly favor the latter. Great, but how does one become a billionaire. Whereas for a traditional publisher £100 spent on advertising might turn into £80 worth of market capitalization, for an online publisher £100 spent on advertising can turn into £1600. For the UK, this means that the £720 million spent on online recruitment advertising creates nearly £10 billion in wealth and, by 2012, it will create over £20 billion in market value (or about 30 times the value of Trinity Mirror - Britain’s biggest newspaper group). The only question is how many billionaires (1-20) will it create in the process. At workhound.co.uk and on our blog.workhound.co.uk we are active in helping to change the recruitment advertising landscape in the UK and beyond.

Podcast 59: Jobserve are at the G8

stopps — Mon, 09 Jun 2008 14:04:22 CDT

The latest born online recruitment podcast is out.
In this show: Jobserve launches JobG8, UK job advertising remains steady and WorkHound goes a twitter.
Enjoy!

CKR Interactive, Inc.

SCallanCKR — Mon, 09 Jun 2008 13:02:40 CDT

CKR Interactive: Not just another recruitment advertising agency

Technology keeps evolving—rapidly. It changes how people find jobs. How you recruit talent. And the way you measure, evaluate and demonstrate success.

Responding to these demands, we've developed a broad range of innovative solutions and services that will help you optimize your recruitment and employment branding efforts.

Check us out! www.ckrinteractive.com

Dice.com

Vanessa80 — Mon, 09 Jun 2008 13:10:24 CDT

Leading resource for tech jobs in the U.S.

Dice.com (NYSE:DHX), a is the leading career website in the U.S. for technology and engineering professionals and the companies that seek to employ them.

The website is designed for the specific needs of technology professionals, enabling them to perform highly targeted job searches based on specific criteria, including location, type of employment, skillset and keyword. Dice.com also provides job search tools such as search agents, resume posting and career-related content.

The job postings available in the Dice.com database, from both technology and non technology companies across many industries, include a wide variety of technology positions for software engineers, systems administrators, database specialists and project managers, and a variety of other technology and engineering professionals.

Dice.com's resource center offers sample resumes for the tech industry, along with local market reports, articles, and advice for job seekers. The Dice discussion board covers a variety of topics including market conditions, contractor issues, and interview refresher courses. There is also a popular rant room where tech employees go to let off some steam. Recently the rant room sponsored a contest for best rant, with the winner getting a free laptop.

Simplyhired.com

Vanessa80 — Mon, 09 Jun 2008 14:12:35 CDT

Vertical search engine, job seeker forum, and friend

Simplyhired.com is a meta search engine that pulls millions of jobs from various sources, including major job boards, newspapers, and niche sites. The company was founded in 2004 by Gautam Godhwani and Peter Weck, who envisioned a one-stop-shop for job seekers where one can not only search for jobs but also receive useful advice about career trends and salaries.

Much like Indeed, SimplyHired gathers job postings from a huge set of sites, including Monster, the Wall Street Journal, CareerBuilder, Hotjobs, craigslist and others. The website boasts a database of over 6 million jobs from thousands of different sources. SimplyHired then structures the data in the postings and allows its users to search for specific keywords, titles, companies, locations, etc.

Indeed.com

Vanessa80 — Mon, 09 Jun 2008 12:33:13 CDT

Meta job search engine provides instant access to millions of postings

Indeed.com, a vertical search engine launched in 2004, offers job seekers a variety of career opportunities through simple search methods. This search engine includes career opportunities from all of the major job boards, newspapers, and company career pages. With over 50 million new jobs indexed per year, job seekers can type in keywords relevant to their skillset and location to uncover a multitude of postings from various sources.

To use Indeed, one does not need to be a registered user. The search results provide a link to a posting's place of origin, where job seekers can view the job description and send their resumes. Advantages to becoming a registered user include access to job alerts and the ability to save searches.

CareerBuilder

jcheesman — Fri, 20 Jun 2008 19:17:18 CDT

CareerBuilder Inc.- an online job search engine - is a self-proclaimed "employee driven" and "customer focused" service available to job seekers free of charge.

Yahoo HotJobs

jcheesman — Thu, 26 Jun 2008 15:15:59 CDT

A bold advertising move catapults this job board into notoriety

Yahoo! HotJobs (NASDAQ:YHOO), previously known as hotjobs.com, is an online job search engine. It has been known as Yahoo! HotJobs since 2002 when Yahoo! purchased the company through an unsolicited bid, undercutting efforts by Monster.com to acquire the company. Yahoo! HotJobs provides tools and advice for job seekers, employers, and staffing firms. According to Compete.com, the site averages about 503,000 visitors per month.

Yahoo! HotJobs' services are free to job seeking users and include posting up to ten versions of a resume. Once signed on, job searches can be saved, allowing ongoing results to be emailed to the user. Job seekers have the ability to pull up statistics that feature the number of times an employer/recruiter reviewed their resume and a complete history of cover letters and resumes the job seeker has sent. Various tools within the site allow users to calculate ideal salaries and research employee stock options as well as have a "Job Tip of the Day" emailed to them. The Career Tools tab lists other resources, like resume building, interviewing advice, and an education center. Additionally, using the “HotBlock” unique to Yahoo! HotJobs, applicants can block some or all of HotJobs' companies from viewing their resumes.

Yahoo! HotJobs provides employers access to their resume search engine and the ability to post, edit and