SOURCE: Jobvite

Jobvite

September 23, 2009 08:00 ET

Jobvite Source Powers Social Recruiting for Any Company

Fuels Referral Hiring While Immediately Finding for Any Job Description the Most Relevant Profiles Out of Millions in Social Networks and Across the Web

SAN FRANCISCO, CA--(Marketwire - September 23, 2009) - Jobvite, the recruitment technology innovator, today launched Jobvite Source, the first Web application to help employers find the right candidates in social networks and on the Web. The application helps employees find referral prospects in their social networks and contacts and helps recruiters target prospective candidates on the Web. Any company can use Jobvite Source on its own or along with other recruiting technologies.

The dramatic growth in the availability of online profiles and professional information on the Web has changed the hiring landscape, giving companies a new opportunity to improve the quality of their recruiting and reduce costs. Forty-two percent of adults in the U.S. with Internet access maintain a profile on a social networking site, according to Forrester Research; and eighty percent of companies say they use or plan to use social networks for recruiting. Until now, searching social networks and the Web for candidates has been time consuming and required special skills. Jobvite Source solves that problem.

Jobvite Source opens an immediate social recruiting channel for companies, without requiring additional manpower or budget. It pulls together many free candidate sources into one vertical search experience that matches profiles to job descriptions. Using Jobvite Source, any company can find high-quality passive candidates -- prospects typically not using job boards -- and build its own talent pool using new candidate relationship functionality. Any employee can easily refer contacts from their social networks, including Facebook, LinkedIn and Twitter, for jobs at their company.

Traditional keyword search on the Web is often impractical for busy recruiters due to the overwhelming number of irrelevant results. Instead, Jobvite's proprietary matching technology seeks out people and profiles that meet job requirements. With Jobvite Source, you enter a job description into the vertical search engine and it instantly finds relevant candidate profiles from across the Web.

With Jobvite Source, any employee can send a Jobvite, a personal job invitation; matching technology recommends people in the employee's social and professional networks for the selected job. The viral spread of a Jobvite extends the targeted reach of a company's job invitation to find the right people at no cost. Reporting capabilities enable companies to measure the results of employee referral and social recruiting initiatives by job and campaign.

"Because we value referrals from our employees and their networks, we added Jobvite to our recruiting technologies to open a social recruiting channel," said John Zwieg, Director of Worldwide Staffing at Logitech. "With Jobvite Source, we find high quality candidates in social networks and on the open Web, developing a pipeline of the right talent at very little cost."

"I'm pleased we can make this practical innovation available now to anyone who needs to fill critical jobs within tight budgets and timeframes," said Dan Finnigan, President and Chief Executive Officer of Jobvite. "We've extended our matching technology to make candidate sourcing in social networks and on the Web so easy that any company can immediately implement it and reduce recruiting costs."

Availability:

Jobvite Source is now available and can be purchased on its own or in conjunction with Jobvite Hire.

About Jobvite

Jobvite creates Software-as-a-Service applications that improve recruiting productivity and quality for any company while lowering recruiting costs. Easy to use, social recruiting products from Jobvite get everyone involved to find and hire the right talent. Jobvite's proprietary recruiting technologies make recruiting in social networks and on the open Web effective and easy. For more information, visit www.jobvite.com.

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