Tag Archive | "recession"

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MrTed Beats Global Recession, Posts Banner Year

Posted on 23 February 2010 by admin

LONDON, February 23, 2010 – MrTed Ltd, the global leader of Talent Acquisition Solutions, exceeded analyst expectations for 2009 by thriving despite the worst global recession in a generation.  While other human capital software and services providers struggled to match their performance from previous years, MrTed rocketed to global distinction behind strong revenue, profitability and growth in international market share.  The company also expanded into significant new lines of business, released a much-anticipated new version of their flagship global talent acquisition solution, MrTedTalentLink and launched a category-killing, free and easy applicant tracking system.

“2009 was a year to remember,” said Jerome Ternynck, Chief Executive Officer and Co-Founder of MrTed, “both for the tremendous challenges posed by the global economic recession and for MrTed’s ability to prosper during the toughest of times.  Every successful company owes a debt of gratitude to its clients.  And so I express my humble and heart-felt appreciation to our customers, old and new, who have brought us to this position of global talent acquisition leadership.”

MrTed’s banner year was punctuated by several notable achievements.  First of all, the company earned a profit for the 6th straight year, despite strong cost pressures and economic headwinds. Growth and profitability were driven by the acquisition of major new clients on every continent, and across multiple industries, including the world’s largest deployment in ever, the Ministry of HR in China.

MrTed also released a much-anticipated new version of their global talent acquisition solution, MrTedTalentLink.  The new release, dubbed “Cloud 9” has earned top marks from industry analysts like Gartner Group (who positioned MrTed in the “Visionaries” quadrant of the 2009 Magic Quadrant for e-Recruitment Software) and Bersin & Associates because of the solution’s advanced cloud architecture, application portability and dynamic user interface. 

Perhaps the most surprising success for MrTed was the launch of their free, feature-rich Applicant Tracking System (ATS) for recruiters in companies with as many as 2,500 employees.  SmartRecruiters catalyzed a revolution in the mid-market, attracting more than 3,000 clients in less than 6-months. Despite the fact that SmartRecruiters is still in beta, the solution is in daily use across thousands of companies, more than 30 industries, and in multiple countries. Leveraging an open SaaS model, solution enhancements and new features are driven entirely by the community of users. Industry experts expect SmartRecruiters to edge out most fee-based applicant tracking systems in the SMB market segment over the next 3 years.

“Based on our performance during the global economic crisis, it will be very interesting to see how we perform as the economy gradually recovers in 2010,” said Mr. Ternynck.  “My prediction is that we will beat expectations once more.” 

MrTed is already off to a brilliant start with major new International clients including the French Social Security, who is working with MrTed to complete the largest implementation of a talent acquisition solution in French government history. 

More information about MrTed is available at www.mrted.com

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New holding company – McGinley Group Limited.

Posted on 25 January 2010 by admin

January 2010 has seen the creation of a new holding company to consolidate the group investments within McGinley Support Services Limited, JSB McGinley Systems Limited and McGinley Infrastructure Services Limited.  These highly established and successful recruitment support services businesses have reorganised and announced the launch of their new holding company, titled ‘McGinley Group Limited’.

The primary purpose of the reorganisation and creation of the new holding company has been to develop a more efficient corporate structure where all existing brands and companies will become acting subsidiaries and to create a vehicle through which future investments in the recruitment industry can be undertaken.

This development has been actioned in order to consolidate our group activities and to ensure the group is in line with the five year group business plan. Seamus McGinley has been appointed as Chairman and Dermot McGinley as Group Managing Director.

The responsibilities in the main operating group companies remain exactly the same with Eugene Meehan as Managing Director of McGinley Support Services Limited and McGinley Infrastructure Services Limited and Chris Mariner as Managing Director of JSB McGinley Systems Limited.

Following the launch of the new investment company, McGinley Group Limited through the operating subsidiary ‘Resourcing Services (UK) Limited, has recently backed the purchase of SSC and IHS to strengthen our presence in the Healthcare and Pharmaceutical markets.

“Over the last few years the recession brought many serious challenges to our business, however, we have been successful in managing our way through these difficult times.  The New Year will bring its own challenges; we envisage the formation of the new group will assist us in consolidating our groups existing business and achieving the growth associated with both our organic and acquisition plans”. 

Seamus McGinley, Chairman (McGinley Group Limited).

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Difficulties finding suitable oil and gas candidates in a down turn

Posted on 07 December 2009 by admin

With the present decline in the gas and oil industry along with the recent trend for pay offs and pay cuts, a vast majority of individuals are looking for better prospects. The down turn has resulted in fewer jobs but more people looking for work. It’s a difficult situation for recruiters, now more than ever they are being inundated with CV’s from potential candidates. Recruiters work loads are increasing at a time when they themselves are trying to cut costs. It is difficult for recruiters to cut costs as there is lots of administration work associated with registering new candidates and from reading through masses of CV’s received for the few vacancies that they have.

The oil and gas market is already showing signs of recovery fueled by the rising oil price and the announcement of new discoveries and prospects, in countries where the doors have traditionally been closed to foreign oil companies. Recruiters don’t want to be turning candidates away when they could have hundreds of vacancies to fill in a few months time.

So how do recruiters cut costs? Traditionally most recruitment companies rely on job boards to find candidates. The current model these sites follow sees a job being posted and candidates asked to send their CV in response. With so many people desperately looking for work these sites make it easy for anyone to send there CV. More often than not most of the CV’s received are irrelevant with the individual not even meeting the basic requirements for the position! It creates lots of unnecessary work for recruiters as each application has to be reviewed manually and logged in their system. The irony is that these recruitment sites charge vast amounts of money for job posts and access to their candidate database. They do very little to assist with the reduction in a recruiters workload and can add to fruitless time wasting and frustration on the recruiters part.

Recruiters now more than ever are turning to their own databases to find candidates. This however presents another problem, keeping an in house database up to date is near impossible! How do recruiters know which candidates are actually looking for work?? Lots of time is spent cold calling potential candidates and sending emails. It’s a lengthy process that not only takes time but costs a great deal of money, employees time has to be budgeted for, plus international calls soon amount to huge phone bills. End case scenario is that you will end up paying to place the position on a job site anyway, as a  result of your own candidate database failing to produce the match required for the vacancy.  This in effect doubles the cost and could see you loosing the position as most companies now use more than one recruitment company. Speed in finding candidates is essential.

So what’s the solution? How about a site where recruiters can post oil and gas jobs for free? A site where suitable candidates can be automatically matched to positions and recruiters can view their matches for free? A site that offers a better solution and solves all of the above problems while offering a better service to candidates…

Enter into the market www.oilandgaspeople.com A site that has been developed by people in the oil and gas industry and has been designed to solve all of the above problems. Offering cost savings of up to 75% over traditional job sites and a process that makes finding suitable candidates painless and instant. All of the traditional admin work is done away with. Recruiters can post positions for free and then have that position instantly matched to suitable candidates. Candidates detailed profiles can be viewed for free and both sides confirm an interest in each other before an individuals contact details are released. No more cold calling candidates, waiting for reply’s to job ads and sorting through hundreds of CV’s. Just instant matches to suitable and available candidates!

www.oilandgaspeople.com offers recruiters the best possible chance of placing a candidate before we charge a recruiter. Our match process allows recruiters to search every part of a candidate’s profile. No longer do they have to rely on key word searches. Our candidates are required to update their availability every 60 days to stay live on the site. We will never boast about how many hundreds of thousands of candidates we have registered! Just how many up to date candidate profiles we have, who are actually available and looking for work. Recruiters will be able to download a matched candidates edited CV absolutely free of charge. This CV can even be sent over to their client for approval before a minimal fee of as little as £25 is charged for a candidates contact details.

Our service means candidates are not constantly browsing for jobs. Positions find them… They don’t get send hundreds of irrelevant job alerts and nor do they receive cold calls about positions that don’t interest them. Our candidate profiles can even be linked to and used as a free online CV. A sample candidates profile can be viewed here http://www.oilandgaspeople.com/profile/index.asp?profile=77267231 All of a candidates employment documents can be attached to their profile thus saving recruiters even more time once a candidate is accepted.

Through personal experience and essential feedback from over 300 agencies during the past year, we can now offer a more efficient and affordable recruitment service. No other Oil Job site allows recruiters to post positions, match candidates, and access candidates profiles for FREE! We charge a very small fee to release a candidates contact details but only after we have given recruiters the best possible chance of placing that candidate. Our match process is instant and means recruiters can have suitable CV’s on a client’s desk within an hour of receiving the job.

Our model aims to fundamentally change the oil and gas recruitment market. More information on why we are better for recruiters and candidates can be found here http://www.oilandgaspeople.com/about.asp

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British and American Bosses Disagree on Recession Timetable

Posted on 26 November 2009 by admin

  • 50% of British bosses we will be out of recession by Christmas 2010
  • Whilst 65% of US executives say it will be at least another two years before their economy shows signs of recovery

London, UK/New York, US:  26th November 2009:  A comparative survey of over 4,000 bosses across the UK and the US by executive careers site, TheLadders (www.theladders.co.uk, www.theladders.com) finds that over half of Britain’s senior management believe we will be out of recession by 2010 whilst two out of three US executives state it will be at least two years before they  see any upturn.

In fact, British management are surprisingly optimistic compared to their US counterparts according to TheLadders’ study. Comparing the opinions of business leaders across the two major financial markets, the study found:

Our economy will be out of recession by US UK 
Quarter One 2010 5.2% 10.1%
Quarter Two 2010 9% 16.1%
Quarter Three 2010 9.7% 14.7%
Quarter Four 2010 10.8% 9.4%
End 2011 22.1% 20.5%
End 2012 13.9% 9.1%
It will be at least three years until we see recovery 29.3% 20.2%

 

Fifty percent of British executives believe the job market will recover in 2010 compared to 35% in the US with 36% of Americans predicting further unemployment and job freezes.

UK businesses are also learning from the recession and adapting faster than US equivalents. According to 32% of UK respondents, the recession has improved efficiency in their company. This is compared to just 13% in the US who claim a sharper business model as a result of the downturn.

TheLadders’ survey also found UK executives more willing to move for the right job with 73% of respondents happy to consider a move across the pond to secure a job whilst this figure was just 59% in the US. However, bosses in the US are more flexible when it comes to salary with 73% willing to accept a pay cut to stay in their job vs 63% in the UK.

Respondents on both sides of the pond tell TheLadders that the recession has forced them to re-evaluate their careers.  30% of UK and 30% of US executives say they are now pursuing work they actively enjoy with 37% of UK and 42% of US hard working management now spending more time with their family whilst 13% of UK and 11% of US bosses have started their own business.

And finally whilst last year’s election of President Obama inspired many US businesses, 73% of bosses here see the forthcoming UK General Election as offering little hope to British business. Twenty percent say that the election may cause a temporary blip, 23% say the downturn is bigger than the UK and 30% believe that the UK economy is “in too big a hole” to spring back that quickly.

Says Derek Pilcher, Managing Director of TheLadders.co.uk: “Whilst the US may be officially out of recession along with several of our near neighbours, it seems that positive opinion is still trailing the UK.  UK business leaders seem to have a much quicker timetable for recovery, and we Brits are a little more optimistic in general about what lies ahead for business. If confidence is a barometer of recovery, we will see the UK climbing out of recession soon,” he continues.

 TheLadders.co.uk and TheLadders.com have grown into the largest specialty employment website in the world, with over 3,700,000 members and over 35,000 recruiters. TheLadders.com is headquartered in New York with European headquarters in London.  To see more, please visit www.theladders.co.uk

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EmployME.COM Provides Recession Recruitment Solution

Posted on 29 September 2009 by admin

Combating the effects of the recession, revolutionary website, employME.com is to re-launch on Thursday October 1, by offering employers the most competitive possible recruitment solution – A FREE SEARCH ENGINE. 

garyemployme

Founded by Managing Director Gary Burnett, the site specialises in filling temporary and part-time posts only, across industries including hospitality and service sectors.

Gary says: “The success of employME.com lies in the fact that it’s now free to anyone who wishes to use it.  Many companies are cutting their marketing and advertising budgets, making them less likely to spend a great deal in finding the right candidate for a job.  For this reason, they’re missing a golden opportunity to get the applicant they really want – a cycle that employME.com is now there to break by allowing employers or recruitment agencies to advertise part-time vacancies free on this website. 

“As unemployment figures steadily rise, more people are seizing the opportunity to try something completely different.  EmployME.com is a necessary solution, as it caters to those looking for something that’s short term, until they find their feet.  It also allows part-time workers to perhaps explore the prospect of getting back to further education to train for a new career.

“Anyone looking to get back into work, cut down their hours, top up their pension or earn extra cash should definitely pay us a visit.  I’m sure they’ll never look back.”

garyemployme2

Within the next six months, employME.com is expected to attract in excess of 10,000 registered active job hunters.  Unique in its design, the site promises instantaneous results.  To get registered, job hunters follow the easy to use guidelines on the home page, and upload all their key details.  From there employers browse the appropriate candidates matching their search criteria.  On finding a potential candidate, the employer simply registers an interest, and employME.com sends them an SMS alert and email to begin the interview process.

Gary adds: “My advice to anyone who is looking for a new job is to be honest.  Present yourself well on any online application, by highlighting any job experience or skills they may have.  And if possible, supplement a good application with a quality photograph of themselves.

“Similarly, I would advise employers to be honest about a position during the recruitment process.  Treat staff how you would expect to be treated with a role reversal approach.”

garyemployme3

So it seems, when faced with one of the most challenging recessions in recent years, the key to successful recruitment solutions lies in having the foresight to provide a bespoke offering, which meets the individual requirements of employer and employee at no cost.

While the new site will be re-launched and is primarily targeting central Scotland, employME.com has plans to catapult its offering UK wide.

To register details on the site, job-hunters and employers should visit www.employME.com and follow the quick and easy guidelines.

employME Logo

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