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Monster’s Financials Better Than Expected; Year Ahead Brightens
Were it not for one-time expenses in the not-yet-completed HotJobs purchase, Monster broke even in the 2nd quarter. But even considering the $5.2 million expense, the recruitment advertising company still managed to do better than the consensus of Wall Street analysts. Analysts expected a loss between 3 cents and 5 cents a share on revenue of $216 million. Monster, which reported its financial this afternoon, came in at break-even on earnings per share and $214.9 million on revenue. Counting the...
Thu, 07/29/2010 - 19:05
.Jobs Expansion Is On Internet Board’s August Agenda
The Internet’s naming authority will take up the controversial plan to expand the .jobs addresses at its Aug. 5th telephone conference. The agenda of the board of directors of the Internet Corporation for Assigned Names and Numbers was released a short while ago and includes consideration of the proposal. Also on the agenda for the three-hour meeting is the even more controversial proposal to approve a .XXX extension for porn sites. For obvious reasons, that request has garnered wider public...
Thu, 07/29/2010 - 15:36
Even Antarctica Has a Job Board, as Job Search Engines Expand Globally
Looking for a job as a chef in the Antarctic? Try looking here. Or if you’re a recruiter looking for an experienced vuvuzela sales person, then this South African job site is one place to start. Talk about global recruiting. In the last couple days, both Indeed and SiumplyHired have announced country-specific (or, in the case of Antarctica, continent-specific) job search sites. SimplyHired added South Africa and Argentina to its roster. Indeed added 24 countries. In five years the two job...
Wed, 07/28/2010 - 16:38
Dice Bests 2nd Quarter Estimates
Job board owner Dice Holdings reported this morning that it earned 6 cents a share on 2nd quarter revenue of $29.9 million, coming in better than Wall Street’s expectations. Analysts estimated revenue would be right around $28.7 million with an average earnings estimate of 5 cents a share. Investors bid up the price of Dice Holdings share by better than 5 percent. In afternoon trading in New York, DHX shares were selling at $8.29. Growth was driven by ClearanceJobs.com, a job board for workers...
Tue, 07/27/2010 - 16:34
Network Launch is Dice Transition to Relationship Building
It’s a big day for Dice today. The IT specialty site officially opens its Dice Talent Network, while its parent company, Dice Holdings, reports its second quarter financial performance. Analysts, reported by Yahoo Finance, expect the job board company to report earnings per share in the range of 5 to 7 cents a share, with the consensus at a nickle. Besides its flagship IT site, Dice also owns a few other boards, among them eFinancialCareers and ClearanceJobs and a company that produces job...
Tue, 07/27/2010 - 07:46
Privacy, Transparency Being Addressed By New Facebook Sourcing Tool
I had an informative, and reassuring conversation this morning with the founder and head of BranchOut, a Facebook app that I wrote about yesterday, which has a potentially valuable future as a sourcing tool. Rick Marini, an entrepreneur with an impressive pedigree, was concerned enough about the transparency issues I raised in the post, that he pinged me to clarify a few things. What he said was encouraging. “We are very aware of the privacy issues,” he said at the outset of our conversation...
Fri, 07/23/2010 - 16:56
Hundreds of Comments Flood in as .Jobs Comments Close
If the sheer number of comments decided the matter, the proposal to expand the use of .jobs addresses would be DOA. In the week since opponents of the plan launched a campaign against it, more than 200 comments were posted to the public forum run by the group that will decide the matter. Not all the comments opposed the expansion; however, most did. The majority appear to stem from an email campaign launched by the International Association of Employment Web Sites, the trade group for the world’s...
Mon, 07/19/2010 - 19:13
Will Careersnotlateraltransfers.com Soon Replace All Job Boards?
Something is fundamentally wrong with the hiring process used by most companies in the U.S. We tend to hire too many people who are willing to take a job until something better comes along. Companies don’t implement this “holding pattern” concept intentionally, but at the core level the hiring process most companies use involves matching people who have the requisite skills and are looking, with jobs they’ve done before. While they might get lucky and find someone who sees the job as a...
Thu, 07/15/2010 - 15:44
Open Letter to ICANN: Reject the .jobs Amendment!
For months, John Zappe has been covering the .jobs saga here on ERE.net, so regular ERE readers will be familiar with much of the background. If you are new to the story, you can catch up here and here. Today is the final day of ICANN’s open comment period before they consider Employ Media’s .jobs charter amendment. It’s our last chance to be heard. I’ve emailed ICANN the following letter urging that they reject the proposed amendment, and it is posted alongside hundreds...
Thu, 07/15/2010 - 11:46
.Jobs Comments Flooding In As Comment Deadline Nears
With only one day left in the public comment period, the blitz promised by opponents of the .jobs expansion plan is all but overwhelming the proponents. Since the metaphorical shooting began Monday, 43 comments as of this writing have been posted to the forum run by the Internet Corporation for Assigned Names and Numbers. That’s the organization that will decide whether to open up the .jobs addresses to non-company names. Rules now limit the awarding of a .jobs address only to employers...
Wed, 07/14/2010 - 12:03
Opponents Launch Campaign to Stop .Jobs Expansion
As the clock counts down on the public comment period regarding the expansion of the .jobs Internet address, opponents this morning launched their campaign to stop it. Since this is being written on Friday, I can only tell you what’s supposed to be happening today: posts discussing the proposed .jobs changes should be appearing on blogs; tweets are going out to followers of some job board leaders; others are sending messages to their LinkedIn groups, updating their status on Facebook, while...
Mon, 07/12/2010 - 06:12
6Sense Matching Launched for Applicant Ranking
Monster unveiled an applicant matching feature today at SHRM that leverages the 6Sense Semantic Search it introduced last fall. The new feature matches applicants to jobs, producing a ranked order list that includes a side-by-side comparison of the top matches. Last fall, the company introduced 6Sense for resume searching in a product it branded Power Resume Search. Not long after, it launched Job Search, enabling job seekers to search for jobs using 6Sense. Don’t confuse a 6Sense match...
Mon, 06/28/2010 - 16:33
The Ladders Begins Offering Sourcing Service
With the latest Business Roundtable survey of CEOs saying 39 percent of America’s biggest companies plan to hire in the next six months, recruiters can be forgiven for thinking of it as a mixed blessing. On the one hand, recruiters get to have fun again, doing what they do best: recruiting workers. On the other hand, it means downsized staffs will have to cope with increased workloads. Today, The Ladders, the job board for $100k minimum jobs, begins offering its contract customers a sourcing...
Mon, 06/28/2010 - 00:20
Monster Offers Broader Features for Its Career Ad Network
Tens of millions of searches are conducted on the job boards every month. These are the active job seekers, drawn to one or another or, as is usually the case, more than one job board because, as Willie Sutton never said, that’s where the jobs are. But for every active seeker, there are many more who, if they learned of the right opportunity, might just be convinced to kick the tires. Reaching those millions of others in order to find just that one, perfect candidate, is a recruiting goal...
Tue, 06/22/2010 - 23:03
SHRM Minutes Show Concern With Secrecy
From the beginning, SHRM’s .jobs advisory council agreed to veil its meetings in secrecy, withholding its minutes and cloaking the names of speakers with numbers. The minutes, released Wednesday, also show the council wrestled with the reasons why Employ Media, the registrar of the .jobs domain, was looking to expand its use and what value that expansion might offer the HR community. However, if the council at any time actually enumerated the specific benefits of allowing non-company names...
Thu, 06/17/2010 - 20:07
.Jobs Expansion Program Includes RFP, Auction Sale of Names
The expansion of the .jobs Internet address has been given the go-ahead by the Society for Human Resource Management, paving the way for the launch of what could be hundreds of thousands of new job boards. SHRM made the announcement this morning. While the 7-1 vote by the SHRM advisory group and the subsequent ratification by SHRM’s executive committee are crucial milestones, the ultimate decision is up to the Internet Corporation for Assigned Names and Numbers. ICANN, as it is known, is...
Thu, 06/10/2010 - 19:44
CareerBuilder Lets Job Seekers Know How They Compare
A few weeks ago, after President Obama announced new hiring rules for the federal government, ERE members worked him over pretty hard for insisting that job seekers be treated with courtesy. After 45 comments, the community settled down into camps: Group one is on the side of communicating with job seekers to at least acknowledge receipt of their application and to tell them when they are no longer being considered; group two seems to believe it would be a nice thing, but it’s too much trouble. No...
Tue, 06/08/2010 - 13:17
Twitter Recruiting, Complex Boolean, and Growth Indeed
Hope your Memorial Day was a good one. We’re still waiting for the official start to summer here in Portland but that doesn’t mean we can’t give you some of the great things posted recently. Here’s what’s going on in the ERE community this week: Top Three Concerns of Recruiters Using Twitter (Resolved) Don’t Forget Complex “Boolean strings” Just Yet Indeed.com — Finally Playing with the Big Boys On The Beach and Out of Home Stop Looking for...
Wed, 06/02/2010 - 13:55
The Recession’s Lasting Legacy for Recruiting
As the nation and the world emerge from the depths of the recession, labor economists tell us that this recovery will be slower and bumpier than most Americans living today can remember. Like the Great Depression of the 1930s, this one will leave its scars on the economy and the national psyche. Employers will feel its consequences rippling through their workforce and their recruiting efforts, with effects lasting for years, if not an entire generation. What are the consequences for employers?...
Wed, 05/26/2010 - 05:34
SHRM Mag Ad Promotes Posting Jobs to .Jobs Sites SHRM Group Is to Decide
The comment period to collect opinions on the future of the .jobs domain closes Friday. But a two-page ad in the recent Staffing Management magazine from SHRM seems to say the decision has already been made. The ad promotes the use of the planned series of job boards by the DirectEmployers Association. Against a snowy mountain backdrop, the ad lists a sampling of 18 of the planned “thousands” of job sites, among them Tokyo.jobs and Governmentconsulting.jobs. “Coming soon!,”...
Mon, 05/24/2010 - 18:33



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