San Francisco, CA – (BUSINESS WIRE) – May 31, 2000 –
Recruitsoft, the leading Application Service Provider (ASP) for end-to-end, Web-based hiring management systems, announced today that United Airlines (NYSE:UAL), the world's largest airline and largest employee-owned company, has joined its growing roster of Global 500 clients.
"More than ever, it's important for the world's leading companies to streamline and at the same time increase the efficiency and efficacy of their hiring processes," said Louis Tetu, Recruitsoft CEO. "United, like many commercial airlines, is challenged by the shrinking pool of available pilots and the historic low levels of unemployment. With Recruitsoft, United Airlines can target qualified passive job seekers as well as manage their hiring process, from automated pre-screening of job applicants to our 'Ace Alert' for the best job candidates and complete reporting."
"We were impressed with Recruitsoft's skill-based screening technology, 24/7 customer service and pay-per-hire structure, which we believe is the best business model for true ASPs. From our perspective, that presents an accurate gauge of the system's overall performance and usefulness to the company," said Steve Rugg, manager, people technology, United Airlines. "Also important to us were Recruitsoft's scalability and flexibility -- we will define the optimal skill set for each of our positions and Recruitsoft will use that information to automate parts of our hiring practice, leaving our corporate recruiters free to dedicate more of their time talking personally with highly qualified candidates."
Best practice for Web recruiting systems leads to higher retention rates
Recruitsoft introduced the pay-per-hire fee structure to the Web-based recruiting industry and is considered to be the model ASP for recruitment solutions. Corporate recruiters pay for results rather than usage, resulting in better quality hires, greater efficiency and lower costs. The Recruitsoft automated Web-based application service offers an alternative for resumes by utilizing the company's proprietary skill-based screening technology.
As the leading corporate recruiting solution, Recruitsoft provides a variety of services to human resource professionals, including seamless integration with the careers section of corporate Web sites and world-class consulting and technical support. System features include recruiter-defined skills assessment programming; candidate profiling platform; enterprise-wide system; a centralized candidate pool; on-going communication with the candidates who possess desirable sets of skills and talents; and applicant tracking.
By targeting the right candidates, pre-screening them, and managing the entire process to allow the corporate recruiter to spend more time conducting in-depth candidate interviews and assessment, Recruitsoft helps to increase retention rates and reduce time to contribution for new employees.
Recruitsoft serves major companies across many industries, including:
About Recruitsoft
Recruitsoft is a San Francisco-based Application Service Provider (ASP) delivering the most complete online recruiting solutions for corporations. Recruitsoft streamlines the corporate recruiting process, identifying superior candidates faster, more efficiently and at substantially lower cost. Recruitsoft's "Recruiter WebTop™ " application powers the career Web pages of large corporations and also provides a complete business application over the Internet that supports every aspect of the corporate recruiting process including requisition management, sourcing management, global collaboration management, recruiting workflow management, candidate relationship management and Web access to a range of recruitment enhancement services. Recruitsoft is also the parent company of iLogos Research, which studies and monitors trends in the Internet recruiting industry. iLogos periodically publishes reports and indices and is dedicated to understanding the needs of corporations seeking qualified talent. The company 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.
Editors Note:
iLogos Research has recently published a report on the Global 500's use of Web-based recruiting. The report and charts are available for download at www.ilogosresearch.com.