"Interesting - I agree with your premise that job boards aren't going away (self-serving, I know) but for different reasons. Everyone's saying how Twitter and LinkedIn are the death of the job board...and they're saying this bc those…"
"I chalk it up to yet another indication of that vast disproportion between job seekers and hiring employers...and how job seekers really need to differentiate themselves in this market. For employers, these products don't really add a lot of…"
"Chris - to answer your question, forward year EBITDA multiple means one would value the company at a certain multiple of the company's EBITDA for the subsequent calendar year...so if the deal was happening today, the year used would probably be…"
"Three things: First, never sell in a down market, you'll get a horrible valuation which is bad for your business and for the rest of us. Second, if you're profitable and growing, there's really no reason not to wait the down market…"
Recruitment advertising agencies remain a valued partner of many corporate recruiting teams and continue to play a significant role in the development and implementation of their sourcing and recruiting strategy. Cindy Songne, Senior Director Agency Relations at Simply Hired, has served as the liaison between job boards and these agencies for many years. Her biweekly column will explain the role, practices and business model of agencies and the best approaches to developing a sound business relationship with them.
While metrics and analytics have always played a role in recruitment, it wasn’t until the advent of Big Data that recruiters and employment sites began to consider how best to acquire and exploit the huge volume of data now available. David Bernstein, Vice President of the Data Analytics Division at eQuest, has been at the forefront in thinking through these issues. His biweekly column will examine emerging opportunities and best practices for leveraging Big Data to make decisions and take actions that are better informed.