WANTED Analytics TM mines salary information from more than 70 million online job ads to estimate compensation levels across the US
NEW YORK, NY, Nov. 3, 2011 /CNW Telbec/ - WANTED Technologies (TSXV:
WAN), the leading source of real-time business intelligence for the
talent marketplace, announced the addition of Salary Ranges to the
company's industry-leading Analytics™ platform (www.wantedanalytics.com).
WANTED Analytics™ has taken the actual salary details from over 70
million online job advertisements and matched it with occupation,
skillsets, location, employer and industry. With this information,
employers will be able to quickly assess the salary level of any
position they are trying to fill, in any location, prior to beginning
the recruitment process.
"By adding salary data to WANTED Analytics™, we are providing recruiting
professionals with incredible competitive intelligence," said Bruce
Murray, President and CEO of WANTED Technologies.
Recruiters and hiring managers can now easily establish salary ranges
that align with compensation offered by other employers for similar
positions. They can also determine the best location for a position
based up on salaries in that local market or what salary ranges
potential candidates might expect before trying to relocate candidates.
"We offer tools to recruiters to make them more efficient in attracting
and retaining top talent," said Murray. "One of the most difficult sets
of data to pin down is what other employers are paying for a particular
job in a local market."
"We have solved this problem by storing more than 650 million online job
ads over the past six years," said Murray. "We look at the ads that
contain salary information and organize this data in an easy-to-use
interface for recruiters to access when they are looking for people."
WANTED Analytics™ is the leading business intelligence platform for the talent
marketplace. Salary information is only one of many proprietary metrics
that help Recruiters understand market conditions in 375 local markets
for more than 800 individual occupations.
Clients use WANTED Analytics™ to gain real-time insight into the activity in the recruiting space. The
company serves organizations in the media, staffing, government and
corporate HR sectors.
"We help professionals solve their talent acquisition challenges by
providing them instantly with detailed, reliable information that can
help them reduce time and expenses on recruiting," said Murray.
About WANTED Analytics™
WANTED Analytics™ helps recruiting organizations make better decisions faster with
real-time business intelligence on jobs, employers, and talent. Analytics brings together, for the first time, years of hiring demand and talent
supply data to create a true talent intelligence platform for
Clients in the staffing, HR, RPO, media, and government sectors use
WANTED Analytics™ to find sales leads, analyze employment trends, gather competitive
intelligence, forecast economic conditions, and source hard-to-fill
About WANTED Technologies Corporation
WANTED Technologies (TSX-V:WAN) provides real-time business intelligence
for the talent marketplace. Founded in 1999, the company's headquarters
are in Quebec City, Canada, and it maintains a US-based subsidiary with
primary offices in New York City. WANTED began collecting detailed
Hiring Demand data in June 2005, and currently maintains a database of
more than 600 million unique job listings. For more information or to
sample WANTED's services, visit www.wantedanalytics.com.
WANTED is also the exclusive data provider for The Conference Board's
Help Wanted OnLine Data Series®, the monthly economic indicator of
Hiring Demand in the United States.
The TSX Venture Exchange does not accept responsibility for the adequacy
or accuracy of this release. Any statement that appears prospective
shall not be interpreted as such.
SOURCE WANTED TECHNOLOGIES CORP.
For further information:
| Source: || WANTED Technologies Corp. |
| Contact: || Carolyn Menz, Executive Director of Marketing |
| || Tel: (212) 206-6241 |
| || Mr. Martin Auclair, VP Finance and CFO |
| || Tel: (418) 523-6663, ext. 337 |