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New Candidate Enhancement on OneWire: Resume Parsing

OneWire Press - Thu, 01/05/2012 - 22:41
Creating a OneWire Profile is now quicker and easier than ever!  Candidates can now import their resumes during the sign up process, and OneWire is able to transfer all the relevant information to their profiles, from your educational background, to your various work experiences, and beyond.  This enhancement not only speeds up the process for candidates; it makes it easier for them to include the information OneWire needs to precisely match them to relevant opportunities.  

Simply go to the Candidate Sign Up page, and click the green Sign Up link on the right.  From there, you can input your basic information, and upload your resume!  You also have the option to import information from your LinkedIn account, or sync your OneWire account with Facebook and Twitter.  Remember, the more information you include in your profile, the greater your chances of being matched to relevant positions!  Make sure you add Roles & Specializations to each of your work experiences, and include all your Skills & Interests.  

Want to know what else you should include in your profile?  Click on the green “What is Matchability?” link, located on the right hand side of your profile.  You will see a list of criteria you still need to include in your profile, ranked in order of importance.  Happy job hunting!

Have more questions?  Feel free to send them to support@onewire.com

Morgan Stanley Announces Predictions for S&P 500 in 2012

The Finance Whisperer - Thu, 01/05/2012 - 19:14
Economists at Morgan Stanley announced this week that they believe the S&P 500 will dip 7% in 2012. Some of the primary factors supporting this prediction are the ongoing European debt crisis, a global deceleration in gross domestic product, and weak earnings estimations for a number of major corporations. Morgan... OneWire

Improve Your Career In 2012

Recruiting Tips - Wed, 01/04/2012 - 22:39

With 2012 upon us, now is the time to make your New Year’s Resolutions.  Some people strive to be healthier, while others make it a goal to become more outgoing.  However, with the current fluctuating state of the economy, a suggestion for the top of the list: make a greater investment in your career.  Below, find the top 4 improvements to get you started.

1.       Connect with Forward-Thinking Businesspeople

Whether it is someone you know from your job, your field, or a prominent business person, it is important to connect with influential individuals.  They will allow you to increase your knowledge, broaden your worldview, and gain advice.  Rather than network with as many people as possible, invest your timely wisely in a perceptive group of peers.

2.       Improve your Public Speaking Abilities

Representing your ideas in a public setting is an extremely important aspect for your career.  Strong public speaking skills allow you to negotiate, instill trust, and convey your opinion; many of the same qualities that are sought in a leader.  Begin to take steps in order to enhance your speaking skills such as taking a class or voicing your opinions among friends.

3.       Increase your Responsibilities at Work

As an employee, you have many tasks that are expected of you.  A good employee completes these tasks, but a great employee takes steps to go beyond what’s expected.  Willingly take on additional responsibilities, contribute your ideas, network with peers, or volunteer for your company.  All of these actions will begin to pave your way for career advancement.

4.       Assess your Development

It is important to be able to critically evaluate your performance.  Each month take steps to assess your successes and failures.  Make attainable goals and determine how you will achieve them.  Putting time aside to make these evaluations will help you to improve yourself as an individual and as a business professional.

There is no better time to begin to improve your career.  Move this to the top of your Resolution list and use these steps as a guide.  Cheers to 2012 and good luck!

The Year of the Intern

OneWire Press - Tue, 01/03/2012 - 22:58
Looking to score a great internship this summer?  You may be in luck!  A number of Silicon Valley tech companies have been ramping up their summer internship programs.  Companies like Google, Dropbox, Twitter, and Facebook seem to have discovered the advantages of hiring more interns.  First of all, these companies have an entire summer to evaluate their interns.  As a result, they have a pretty good idea of whether or not they want to hire these young workers full time.  Secondly, interns are growing increasingly convinced to stay put in the fast-paced startup environment, rather than heading back to college.  

According to the Wall Street Journal, Dropbox has announced plans to hire 30 engineering interns for summer 2012, while Facebook is hiring 625 interns—up from 550 this past year!  In addition, venture capitalists have begun to have a role in the intern recruitment process; they are hiring interns to work at the companies they back.  So if you’re thinking about a career in Silicon Valley, think carefully about your summer internship—it may be the best way to get your foot in the door!

December Graduates and the Job Search

Recruiting Tips - Tue, 01/03/2012 - 20:57

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While May graduates might have a bigger, more official celebration for receiving their diplomas, December graduates are actually the ones who have an advantage in the job market!   According to career experts, there is far less competition for job opportunities in December and January than in May and June—especially for entry-level positions.  In addition, December graduates have the added advantage of significant flexibility in their schedules; they can start immediately, as opposed to traditional graduates who aren’t able to start working until after May.   

Employers are also often more inclined to hire at the beginning of the New Year, when many have renewed budgets—companies may become more frugal with their hiring budgets as the year goes on.  Finally, December grads who don’t land a job immediately can fill their time with internships and volunteer work, putting them in a stronger position to land a job by the time spring hiring comes around.   So if you felt your December graduation was a bit anticlimactic, don’t worry!  You are positioned for a great start to the New Year.

In Demand Job for 2012: Engineering

Recruiting Tips - Thu, 12/22/2011 - 21:27

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Note to college students deciding on a major and experienced professionals looking to make a career change, Engineering is the new hot job for 2012!  This was recently determined after Identified, an online recruiting startup, conducted a study comparing Engineers with non-Engineers. 

The study considered information such as a person’s education, work experience, and social network as well as the frequency in which companies search for, view, and hire candidates with similar profiles.  The result: when comparing people with similar experience, a person with an Engineering degree is significantly more sought after than someone with a degree in Liberal Arts.  According to the Identified score determined by the above information, it is a difference of 1.2.  The demand for Engineers only seems to increase as they gain more experience.   

Google, Microsoft, IBM, Accenture, Oracle, Amazon.com, Facebook, and Cisco are top on the list in their search for qualified engineers.  But, Technical and non-Technical companies alike seek Engineers for their skill in constructing, maintaining, and developing intricate systems, such as software. 

Despite the high demand, the number of people graduating with an Engineering degree in the U.S. is not keeping up.  With the shortage of Engineers in the U.S., many big-name companies look to bring people from abroad to fill the gap. 

As we move into 2012, a job opportunity has arisen.  For those of you who have an interest in technology; choose Engineering, fill the gap, and find success in an up-and-coming field.  Good luck!

Lessons from This Year's Pool of Business School Applicants

OneWire Press - Tue, 12/20/2011 - 23:17
Thinking about applying to business school next year?  Now that the first round of admittance to top business schools is taking place, admissions directors are able to share some of this year’s trends, as well as important tips for future applicants.  Dawna Clarke, director of admissions at Tuck School of Business at Dartmouth, recently shared some of this insight with the Wall Street Journal.  Clarke revealed that the school will accept between 450 and 500 total applicants this year—about 17% to 20% of all applicants.  She conceded that applications decreased by 7% since last year, but 2010 had an exceptionally large pool of candidates.

When asked what makes for the best applicant recommendations, Clarke claimed that they come from people who know the applicant well, such as a direct supervisor.  Recommendations with anecdotes offer some personality and make for memorable applications.  In addition, while many applicants are concerned about the negative connotation associated with job hopping, Clarke insisted that jumping from job to job is okay, so long as the applicant had a good reason for doing so.  Finally, Clarke said that top business schools often provide feedback for rejected applicants; so if you didn’t get lucky this time around, be sure to ask what you could have done better!  You may get a better response if you ask when the admissions season is over.

CFOs Predict Employment Growth in 2012

The Finance Whisperer - Tue, 12/20/2011 - 22:06
The most recent survey by Duke/CFO Magazine Global Outlook reported that chief financial officers are becoming increasingly optimistic about the U.S. unemployment rate for 2012. On average, CFO survey respondents anticipate that national employment will grow by 1.5% over the course of the year—a significant improvement over predictions last quarter,... OneWire

A Holiday Vacation...In Your Office?

OneWire Press - Mon, 12/19/2011 - 22:54
Thinking about taking a vacation in between Christmas and New Year’s?  Working may not be as bad as you think!  According to a recent report, only 64% of U.S. employees are planning on working that week, and an even smaller 56% of the labor force is actually coming into the office.   As a result, working that week can actually be relatively stress-free.  A survey polling over 12,000 employees determined that just 39% of U.S. respondents anticipate doing much work at all.

Many people report that they actually enjoy this week.  It gives them some time to catch up and get organized before the New Year.  Plus, you can save your vacation days for a time of the year when travel amenities are less expensive and popular destinations are less crowded.  Working between Christmas and New Year’s is not for everyone, but it’s certainly worth considering!

Lowest Jobless Claims in over 3 Years

Recruiting Tips - Mon, 12/19/2011 - 19:31

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The job market is finally looking promising!  Last week, jobless claims dropped to the lowest figure since May 2008, suggesting a bright outlook for 2012.   The country has added over 100,000 jobs every month from July to November, making it the first five-month streak in six years.  In addition, one study recently found that more private-sector companies expect to add employees than at any time since 2008!  366,000 people applied for unemployment benefits last week, down from 385,000 the week before.  Before the recession, jobless claims ranged from 280,000 to 350,000.  It is, however, important to note that the recent decline in the national unemployment rate has to do in part with the fact that many people have given up looking for work.  Although layoffs have ceased across the board, we have yet to see a significant boost in hiring.  Here’s hoping to more jobs in 2012!

4 Tips if You're Unemployed

Recruiting Tips - Fri, 12/16/2011 - 22:33

Unemployed and looking to improve your job search?  Here are 4 tips to increase your chances of getting a job:


1.    Stay busy, but on task.  Free time is nice, and there are many things you can do with it to improve your job hunt.  Classes and volunteer work can help you advance your marketable skills.

2.    Engage on social media sites.  You can join online communities to stay abreast of industry news, and you can share your own insight with others in the field.

3.    Step out of your comfort zone.  Consider expanding you job search geographically as well as industry wise.  There are plenty of great opportunities you may not even know about yet!

4.    Go to networking events.  Many universities have these for alumni, and you can often find local professional networking groups as well.


Remember to stay positive, keep busy, and enjoy your time in between jobs!

5 Don’ts for Your Company Holiday Party

Recruiting Tips - Tue, 12/13/2011 - 22:42

Office holiday parties can be a blast. You can make new friends, gain exposure to senior executives, and simply enjoy yourself.  But beware—if you don’t keep your behavior in check, there could be serious consequences!  Here are the top 5 things you shouldn’t do at your company holiday party:

1.    Don’t overshare.  It’s great to bond with your co-workers, but it’s important to know the line.  You never know what could get back to your boss or HR.

2.    Don’t drink in excess.  Drinking too much is a classic mistake for partygoers at company events.  Drinking tends to make people lose their filters, which can get them into serious trouble.

3.    Don’t bring an unruly guest.  You are responsible for your friend’s behavior.

4.    Don’t post online.  No one from your company wants you publicly reporting any embarrassing or unprofessional events from the holiday party.

5.    Don’t guilt anyone into coming.  These parties are typically mandatory, and many people have personal reasons for choosing not to attend.  Make sure you respect their decision!

Most importantly, have a great time at your company party!  Take some time to bond with your co-workers, and maybe even advance your career!

Job Search Resolutions for the New Year

OneWire Press - Fri, 12/09/2011 - 20:52

Planning to hit the ground running with your 2012 job search?  Make some New Year’s resolutions to help you land the job you want!  Here are some suggestions:

1.    Create a new resume from scratch.  Put your usual resume away, and try to come up with some fresh new language to help you frame an original and eye-catching resume.  

2.    Be more proactive about meeting new people.  Have your friends and colleagues introduce you to as many new connections as possible.

3.    Learn a new skill.  If you are unemployed or stunted in your current job, you may want to take it upon yourself to learn a new skill set—particularly one that can make you more marketable for the career you want to pursue.

4.    Try a new job search strategy.  While traditional job search strategies are great, taking on a variety of job search tactics can be very beneficial.

5.    Participate in professional organizations or communities.  You can appear knowledgeable of your industry if you become an active participant, and you also connect with a number of relevant professionals.

 

Men Are Finding More Jobs Than Women

The Finance Whisperer - Wed, 12/07/2011 - 21:44
While men experienced significant job loss during the recession—often referred to as the “mancession”—it seems they have made a better recovery than women. According to a recent report by the Institute for Women’s Policy Research, the gap between employed men and women is widening. Men have regained 32% of the... OneWire

Why You Should Search for Jobs in December

Recruiting Tips - Mon, 12/05/2011 - 23:10

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While many people consider spring and summer the best seasons to get a job, December can actually be a great time to advance your job search.  Companies often begin their new budget years on January 1st, and with that comes approval for hiring.  Hiring freezes can also be lifted as a result of a new fiscal year.  While December may seem a bit early to apply for jobs, it can actually give you a head start over applicants who begin their search in January.  The holidays are a slow time for many industries, and key individuals may actually have time to meet with you if they have less on their plate.  Informational interviews are often a great way to establish relationships at companies you are interested in, without the added pressure of a real interview situation.  If you hit it off, you can check back in in January to see if any opportunities have become available!  Creating a relationship at the company before positions officially open up can be very beneficial.

OneWire Featured on NY Daily News!

OneWire Press - Mon, 12/05/2011 - 22:24

New York City's R train is the Silicon Subway, connecting high-tech startups to their workers

NY Daily News recently featured OneWire as one of New York's best-funded tech companies!  The article discusses OneWire's proximity to other successful New York startups.  OneWire's office is located in midtown (a rather unorthodox location), primarily because the area is becoming increasingly popular for the finanical services industry, and OneWire has a number of prominent clients in financial services.  Click here to read the full article!

 

Unemployment Rate Drops to 8.6%

Recruiting Tips - Fri, 12/02/2011 - 22:06

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As we segue into 2012, there is finally positive news to report on the job front!  The unemployment rate has dropped from 9% to 8.6%, giving hope to the thousands of Americans who are currently without a job.  On December 2nd, the US Labor Department reported that 120,000 jobs were added to the US economy in November 2011.  In October 2011, nonfarm payroll figures saw a rise to 100,000 from 80,000.  Additionally, in September 2011, 210,000 nonfarm payroll figures were gained.

These statistics resulted from a combination of metrics reported during the week of November 28th.  Through payrolls, ADP reported that 206,000 jobs were added to the private sector.  However, a report showing a conflicting stage of the labor market was released later that week.  It reported that new jobless claims had reached 400,000 for the first time in weeks.  This reinforces the belief that US citizens should remain optimistic yet wary.  

Despite the conflicting signals, these facts contribute to the growing hope that the US economy is beginning its uphill climb towards improvement.  This slow trend in the right direction can also be seen in a wide range of industries including auto sales and regional manufacturing.   Although economists remain cautious, if this improvement continues through Quarter 1 of 2012, it would appear that the US economy has avoided the direst consequences of the European economic slowdown.  In short, the US economy could be on its way to moving beyond the threat of recession.

Recent Graduates Are Finding More Jobs

Recruiting Tips - Thu, 12/01/2011 - 23:05

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Are you a recent college graduate looking for work?  Good news!  650,000 job seekers between the ages of 16 and 24 have found jobs since August—which is the largest increase in hiring for the age bracket since the beginning of the recession!  Young workers were the most affected age group by the recession.    In 2010, employment for 16-to-24-year-olds dropped as low as 44.6%.  Meanwhile, workers aged 25 to 54 only fell to 74.7% employment at the recession’s worst point. 

In the past three months, young workers have accounted for almost two-thirds of the increase in hires.  However, many are working part-time or for service-related employers, such as stores and restaurants.  It seems competition for career-advancing positions is still fairly intense.  Hopefully we will hear some more positive news when the November unemployment figures are released tomorrow!

Top 5 States for Jobs

OneWire Press - Wed, 11/30/2011 - 23:06
With the national unemployment rate at 9%, it’s helpful to know where the jobs will be in the in the future.  Here are the top 5 states for landing a job in the next 5 years:

1.    Texas
The current unemployment rate in Texas is 8.5%; however annual job growth is expected to be 2.9% for the next 5 years.  That means in 2015, Texas will have 1.6 million new jobs.

2.    Nevada
Although unemployment is quite high at the moment (13.4% due to the recent housing market collapse), experts forecast 5-year an annual job growth of 2.9% as well.  Nevada has lower business costs compared to California, and economists believe businesses will take advantage of these in the next 5 years.

3.    Arizona
Similar to Nevada, Arizona has a 13.4% unemployment rate, but anticipates 2.8% job growth.  Arizona offers both land and proximity to Mexico.  

4.    New Mexico
New Mexico’s unemployment rate is currently well below average at 6.6%, and jobs are expected to growth by 2.6%!

5.    North Dakota
Finally, North Dakota’s low 3.5% unemployment rate is rather impressive—and it also anticipates 2.6% annual job growth in the next 5 years!

New Lottery Winners: 3 Wealth Managers?

The Finance Whisperer - Wed, 11/30/2011 - 21:57
When the winning numbers were announced for the Connecticut Lottery for the $254.2 million jackpot—the largest sum ever in the state—everyone waited to hear which individual with a heartwarming, underdog story would become an overnight millionaire. No one ever expected three wealth managers from Greenwich, Connecticut to win—including the three... OneWire

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