nextSource’s Salary and Compensation Tool To Be Offered On CareerBuilder.com
NEW YORK, Aug. 22, 2004 — nextSource Inc., a leading provider of human capital and services spend management solutions, has entered into a partnership with CareerBuilder.com, the largest online job network with more than 17 million unique visitors and over 500,000 jobs. The partnership is designed to deliver real time salary and compensation information to job seekers and employers visiting CareerBuilder.com.
Under this partnership, job seekers will now be able to quickly determine their current market value and employers will be able to access salary and compensation data to determine the current market value of the skills that they are seeking in candidates. For the first time, job seekers and employers will be able to access both full-time salary related data as well as hourly data for temporary or consulting assignments. The technology that will enable these searches is The PeopleTicker™ , nextSource's patent-pending salary and compensation tool.
"CareerBuilder.com is the clear industry leader in online recruitment services and we are proud to partner with them, bringing their job posters and applicants a real time wage and salary tool," said Joseph Musacchio, president and CEO of nextSource. "The PeopleTicker™ has proven to be a valuable tool for our existing customers, and through this partnership with CareerBuilder.com, even more users will be able to take advantage of this very unique methodology which targets current market compensation information."
"CareerBuilder.com offers a variety of smart online tools to make the most of the user experience," said Kevin Neville, vice president of advertising sales for CareerBuilder.com. "Partnering with nextSource helps us deliver additional value to the millions who rely on our services to effectively manage the job search and recruitment process."
About CareerBuilder.com
CareerBuilder.com is a leading online source for maximizing recruitment dollars and optimizing job searches with superior products, customer service and technology. With a unique combination of national, local and niche audiences, CareerBuilder.com makes it easy for recruiters to reach the most qualified candidates with industry-leading market research data and support. Job seekers can search for the right job from more than 500,000 continuously updated postings, representing more than 30,000 of the top employers in virtually every industry, field and location. Together with Gannett Co., Inc. (NYSE:GCI), Tribune Company (NYSE:TRB), and Knight Ridder, Inc. (NYSE:KRI), CareerBuilder.com includes the Web's top newspaper sites - the most trusted employment sources in recruiting. For more information about CareerBuilder.com products and services, call 888-670-TEAM or visit http://www.careerbuilder.com.
About nextSource
nextSource, Inc. is a leader in the development and implementation of workforce management solutions that address the enterprise-wide challenges associated with the sourcing and management of contingent labor, direct employee hires and deliverable-based project work. nextSource's solutions combine the latest technologies and the industry's best practices, allowing clients to streamline processes, identify and manage their spend, and mitigate risk. The PeopleTicker™, nextSource's most recent innovation, is the industry's only real-time hourly rate and salary benchmarking tool which enables users to monitor market fluctuations for their full-time and contingent workforces to determine current market rates and salary data specific to industry, geographic region, skill-set, and experience level. John Sculley, former CEO of Apple Computer and PepsiCo, Inc., is the chairman of the nextSource Advisory Board. For more information, visit http://www.nextsource.com.