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04/18/07 Follow Up: US (Low-Wage) Labor Market Research AGILE KNOWLEDGE SERVICES (agile.knowledge@gmail.com) This report is solely for the use of client personnel. No part of it may be circulated, quoted, or reproduced for distribution outside the client organization without prior written approval from Agile Knowledge Services

Advertising comprises about a fifth of the total cost of hiring a low wage worker – which is approx. $1,600/ worker Source: Workforce Management ( www.workforce.com ); I-Match;www.highretention.com The average cost to recruit and train one employee is estimated at 2.5 times an employee’s salary www.highretention.com ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],Data for 2000 (no information was available for subsequent periods) Source: Barbara Davidson, Principal Consultant, Saratoga Institute According to an annual survey done by the Employment Management Association, the hiring of one hourly or production worker costs over $1,600 up significantly over previous years. The survey showed a similar high cost ($3,500) for hiring non exempt office and clerical workers. Job Readiness Research Reports - i-Match

Home Depot’s recruitment advertising volumes Source: Wanted Analytics; * “The Power of Latino” by Myrna Sonora, director of Hispanic business for TheMichaels/Wilder Group Home Depot Inc., the nation’s largest home-improvement chain, is launching a partnership with four national Hispanic organizations to recruit more Spanish-speaking employees. *

SnagAJob.com appears to be an emerging company, focussed on online recruitment solutions for hourly/ part-time workers ,[object Object],[object Object],While the online moves made by Monster and HotJobs grabbed headlines this year, the spread of specialized job sites generated much of the online ad growth. Sites such as SnagAJob, which focuses on hourly jobs, as an example of a fast-growing targeted site used by employers including Home Depot, 7-Eleven and Target. These sites are also creating features such as blogs, podcasting and videocasting to help create a sense of community around careers Source: Media Post Publication; Henericomagazine.com Case Study: SnagAJob.com ,[object Object],[object Object],[object Object],[object Object],Two-thirds of online job revenues are generated by niche boards or regional Web sites focusing on specific categories such as nursing, technology or food services

Small, local sites for online recruitment of Hispanic workers such as the following, seem to be gaining in popularity Source: Company websites ,[object Object],SALUDOS.com ,[object Object],muchosjobs.com ,[object Object],[object Object],Joblatino.com ,[object Object],HireDiversity.com ,[object Object],[object Object],Hispanic-Jobs.com ,[object Object],CVlatino.com ,[object Object],iHispano.com ,[object Object],Latpro.com Description Company

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