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Today’s job market has created a conundrum for growing companies. The landscape is rich with qualified candidates. But issue a want ad, and some statistics note that 200 applications are likely to respond.

How can any employer reasonably cope with that flood of candidates?

Those corporations, healthcare organizations and government departments using an applicant tracking system find they have a powerful, enterprise-wide job acquisition and talent management solution ideal for businesses in hiring mode – or even those that are fully staffed.

Today’s ATS provides web-based applicant tracking and candidate management systems that empower businesses with easy-to-acquire and easy-to-use tools to reduce costs and streamline business operations. They automate candidate application and resume management – and create an invaluable competitive advantage.

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Via CollegeRecruiter.com …

There’s been an interesting discussion in the NACE JobPlace discussion list about the perception by many employers that students who do a more effective job of searching for employment opportunities will have a better chance of being hired.

I agree but caution those who believe that the best candidates are those who try the hardest to be hired.

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From US News & World Report …

A flurry of conditionals has couched their “flickers of hope” and “green shoots,” but government officials may finally have their chance to speak with unobscured optimism.

The Labor Department reported Friday that employers cut 345,000 jobs from their payrolls last month, a bad sign in nearly any economy but this one, where average job losses have been twice that for the past six months. The losses reported are a full third less than economists had expected. Even job losses for the past two months were revised down by a total of 82,000 jobs. The unemployment rate, meanwhile, skipped higher to hit 9.4 percent for the month.

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Human resources research and information site Staffing.org has published an excellent report titled, “Internet Best Practices,” which details how candidates are finding and applying to job opportunities.

It is packed with interesting stats that most recruiters will find useful and informative, for example, “While the Internet is it not yet a universal tool, it approaches that in certain demographic groups. And as it continues to mature, usage patterns are continually changing. Three years ago, major job boards were all the rage. Then niche job boards started gaining ground. Now it’s all about Twitter, Facebook and social media.”

Here is a link to the report: http://staffing.org/library_ViewArticle.asp?ArticleID=450

Via MercuryNews.com …

A recruiter who left Google last year says that the company had maintained a “do not touch” list of companies including Genentech and Yahoo, whose employees were not to be wooed to the Internet search giant.

That revelation could be significant in light of this week’s disclosure that the U.S. Justice Department is investigating whether Google, Yahoo, Apple, Genentech and other tech companies conspired to keep others from stealing their top talent.

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Via NY Times …

IN an environment of rapidly rising unemployment, scores of managers and executives have had doctor-as-patient, “aha” moments, as they find themselves among the millions of American workers looking for new jobs.

Now on the other side of the hiring table, these people are seeing for themselves how job candidates are often treated during the recruiting process. And it’s not a pretty picture.

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Via Knowledge@Wharton …

 

Failing to manage your company’s talent needs, says Wharton management professor Peter Cappelli, “is the equivalent of failing to manage your supply chain.” And yet the majority of employers have abysmal track records when it comes to the age-old problem of finding and retaining talent.
Supply chain managers “ask questions like, ‘Do we have the right parts in stock?’ ‘Do we know where to get these parts when we need them?’ and ‘Does it cost a lot of money to carry inventory?’ These questions are just as relevant to companies that are trying to manage their talent needs,” he says. In other words, the principles of supply chain management, with its emphasis on just-in-time manufacturing, can be applied to talent management.

Failing to manage your company’s talent needs, says Wharton management professor Peter Cappelli, “is the equivalent of failing to manage your supply chain.” And yet the majority of employers have abysmal track records when it comes to the age-old problem of finding and retaining talent.

Supply chain managers “ask questions like, ‘Do we have the right parts in stock?’ ‘Do we know where to get these parts when we need them?’ and ‘Does it cost a lot of money to carry inventory?’ These questions are just as relevant to companies that are trying to manage their talent needs,” he says. In other words, the principles of supply chain management, with its emphasis on just-in-time manufacturing, can be applied to talent management.

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Via Human Resources Leader …

The economic downturn is putting significant pressure on many organisations. In such times, CEOs usually turn to finance and operations to assist them in adapting to the times. However, HR can also make a valuable contribution at the executive table.

HR needs to play a pragmatic role in these times. However, this role may not necessarily fall under the banner of strategy, according to Justyn Sturrock, human capital management service line leader, A/NZ, IBM Global Business Services. “HR must have the skill set to drive operational efficiency and effectiveness. This is about creating an adaptable work force that can rapidly respond to changes in the market,” he says.

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Via WSJ Digits …

While Twitter can be about the mundane details of people’s lives, for the most part, it’s about people connecting with others who have similar interests. Since I tend to follow people who are also interested in marketing and social media, it is a great way to share information on topics relevant to us.

It has also allowed me to make more meaningful connections.

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Via Bloomberg.com …

Companies in the U.S. cut an estimated 491,000 workers from payrolls in April, indicating the worst of the recession’s job losses may have passed, a private report showed today.

The drop in the ADP Employer Services gauge was smaller than economists forecast and the fewest since October. March’s reading was revised to show a reduction of 708,000 workers, down from a previous estimate of 742,000.

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