Recruiting

One Interview Question Is More Important Than a Resume?

I recently read an article entitled: “85% Believe an Insightful Interview Question Is More Important Than the Application or Resume.” Sounds reasonable enough on the surface, but the suggested interview questions that followed were so commonplace that any prepared jobseeker would have canned answers at the ready, while others were worded so ineptly that they clearly spelled out the answer…

Monster to Shareholders: Sale Opponent is Reckless, Inaccurate

When Monster’s largest shareholder last week tore into the planned sale of the company calling the price “selling at the bottom,” the response was an official “no comment.” Today, Monster fired back. In an open letter to shareholders, Tim Yates, Monster’s CEO and CFO and a company director, called last week’s detailed challenge…

Monster Calls Opposition to Company Sale “Reckless”

When Monster’s largest shareholder last week tore into the planned sale of the company calling the price “selling at the bottom,” the response was an official “no comment.” Today, Monster fired back. In an open letter to shareholders, Tim Yates, Monster’s CEO and CFO and a company director, called last week’s detailed challenge…

Monster Sale Challenged By Newspaper Owner

One of the nation’s largest newspaper companies and reportedly Monster’s  largest shareholder said it is opposed to the $429 million sale of the recruiting services firm to Randstad, which was announced two weeks ago, and urged other stockholders to do the same. “As Monster’s largest shareholder based on publicly available information, MNG believes…

Monster’s Largest Shareholder Will Fight Company Sale

One of the nation’s largest newspaper companies and reportedly Monster’s  largest shareholder said it is opposed to the $429 million sale of the recruiting services firm to Randstad, which was announced two weeks ago, and urged other stockholders to do the same. “As Monster’s largest shareholder based on publicly available information, MNG believes…

Hiring Wisdom: What Do You Really Know About Your Hiring?

Do you know: Why the applicant accepted or turned down your job offer? How the applicants feel about your hiring system and interview process? How many of the applicants who turned you down took another offer from someone else and why? If you don’t know, how are you ever going to improve your results? To get…

What the Randstad-Monster Deal Tells Us About the Talent Industry

So, a little something happened in the industry recently. Something that, if it had happened, say, nine years ago, would have been yuuuuge, as some might say. Instead, the “what took them so long?” reaction was the most common theme of Randstad’s purchase of Monster. It seemed blasé. People told me their biggest surprise…

The Future of CareerBuilder

All these acquisitions make my head spin. Microsoft acquired LinkedIn, which acquired Connectifier and Rapportive. Randstad acquired Monster, which acquired TalentBin. Recruit acquired Indeed and SimplyHired, which they turned it into an Indeed-sponsored job board. What’s going to happen with CareerBuilder? Matt Ferguson, CEO of CareerBuilder, indicates that it’s alive and well in a…

The Rise and Fall of Monster

Monster Worldwide was acquired by Randstad for $429 million. Monster’s market cap is $310 million, on revenues of about $667 million. Compare that to Microsoft’s acquisition of LinkedIn for $26 billion, about the same as the company’s market cap, with revenues of about $3 billion. LinkedIn is a money-losing business and Monster is…

Randstad is Buying Monster

Yes, each time you’ve turned around this year, there has been more big news in the recruiting field. If you didn’t get whiplash from the news we broke in May that SimplyHired was being acquired, or the surprise announcement about Microsoft and LinkedIn, the latest neck-strainer is that Monster is being acquired by the…

Wages Rise In July As Employers Add 255,000 More Workers

Whatever caused May’s payrolls to grow hardly at all now looks like a bad blip after the Labor Department’s report this morning showing hiring surged in July, adding 255,000 new nonfarm jobs. The Labor Department’s monthly jobs report blew through the consensus forecasts of labor economists which predicted July saw about 180,000 new…

A Recruiter’s Guide to Talent Segmentation

One of the toughest challenges that recruitment organizations face is understanding who is in their talent community, how one candidate is different from another, and then how to best attract and engage with them. The best place to start is by grouping contacts by similar characteristics (e.g. career goals, skills, experience, readiness to change…

Sourcing — Measuring What Works

Unless you’ve been practicing your best Rip Van Winkle impression for the last few years, it’s impossible not to have noticed companies adding talent sourcing to their talent acquisition efforts. There’s a good reason for it: a lot of hiring managers are wondering when their candidates will be showing up. There’s little doubt…