Recruitsoft/iLogos Research, which studies and monitors trends in the Internet recruiting industry, announced today that it has identified the 20 Best Practice Career Web site features for effective recruiting. A full report detailing the Fortune 500 Companies’ use of these features, entitled Best Practices for Fortune 500 Career Web Site Recruiting, will be released October 26, 2000. The company will detail the study results in three separate Webcasts beginning on that date.
Yves Lermusiaux, founder of iLogos Research, said "We have been monitoring the Fortune 500 for the past three years, and during that time we have seen tremendous growth in these companies’ use of corporate websites for recruiting. We are focusing on the Best Practice Web site features that are most effective for recruiting qualified candidates in order to shed new light for all companies on effective online recruiting in today’s tight labor market. This report will provide a benchmark for all companies seeking to measure the effectiveness of their online recruiting efforts-and it will show how their recruiting efforts can pay off in time, cost, quality and, ultimately, retention."
Recruitsoft/iLogos Research has identified the following Best Practices for Fortune 500 Career Web Site Recruiting:
The full report will present recruitment activity at two concurrent levels: the communication level and the process level for both the corporate recruiter and the candidate. The report will detail the Best Practices for recruitment at the point when candidate and recruiter meet, and when communication is migrated into a process. In addition to detailing the front-end, or user experience, the report will illuminate the full benefits that Internet recruiting can bring to the corporate recruiting process from advanced, integrated back-end systems. The report presents the Best Practices with a discussion of the benefits, a statistical review of the Fortune 500’s levels of implementation, and a forecast of future trends and practices. Participants may register for the October 26th Webcast presentation of survey results by logging on to www.recruitsoft.com/webcast.
About Recruitsoft
Recruitsoft delivers the most complete online recruiting solutions for leading companies across many industries, including United Airlines (NYSE: UAL), MetLife, Bombardier Aerospace and Transportation (TSE: BBD.B), Cabletron Systems (NYSE: CS), and Sutter Health. The company’s Recruiter WebTop™ application service provides a complete business application over the Internet to power the career Web pages of large corporations, leading to faster time-to-hire, lower cost-per-hire, and ultimately, increased quality of hires. Recruitsoft is considered to be the best-practice ASP for recruitment management solutions, based on its proprietary ACE Recruiting™ process technology, designed in collaboration with large corporations to re-engineer and streamline the corporate recruiting process. Recruitsoft is the first Hiring Management System (HMS) to integrate all areas of candidate sourcing. Accessible via one-click, these sourcing services include: job postings on the corporate Web site, the company Intranet, job boards, advertising in all print media, and contract-assisted candidate sourcing. Recruitsoft is a contributing member of the HRXML consortium.
Recruitsoft is funded in part by Telesystem Software Ventures LP (Telsoft), a venture-capital arm of Telesystem Ltd., a Red Herring Top 100 company; and by Omnicom (NYSE:OMC), the world’s leading provider of marketing communications and advertising services, through its Internet investment arm, Communicade.
About Recruitsoft /iLogos Research
Recruitsoft /iLogos Research studies and monitors trends in the Internet recruiting industry. iLogos periodically publishes reports and indices and is dedicated to understanding the needs of large corporations looking for ways to win in today’s competitive human capital world.
The research-driven consulting practice produces data on industry trends, best practice methodologies and benchmarking to provide fundamental metrics and intelligence-based actions. Specializing in the impact of new technologies on human capital acquisition among large corporations, iLogos Research monitors, analyzes and forecasts innovative technologies, Internet strategies and break-through practices that allow corporations to optimize and adapt their practices.
Founded in 1997 as iLogos Internet Intelligence, iLogos was acquired by Recruitsoft in September 1999 and today remains a leading industry source of intelligence. iLogos Research is recognized as the most rigorous source of data for human capital Internet-related issues. Published reports and studies include Global 500 Web Site Recruiting, 2000 Survey; Lessons from the Global 500, 1999; and Achieving Results with Internet Recruiting, 1998.
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