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CareerBuilder

From Wikipedia, the free encyclopedia

CareerBuilder
Type of site
Job search engine
Available inMulti-lingual
HeadquartersChicago, Illinois, United States
OwnerApollo Global Management and Ontario Teachers' Pension Plan
Key peopleSue Arthur (CEO)
RevenueIncrease US$714 million (2016)[1]
Employees3,000 (2012)
URLwww.careerbuilder.com
CommercialYes
RegistrationOptional
Launched1995
Current statusActive

CareerBuilder is an employment website founded in 1995 that operates in the United States, Canada, Europe, and Asia. In 2008, it had the largest market share among online employment websites in the United States, where it was founded.[2] CareerBuilder provides labour market information, talent management software, and other recruitment related services. The company is majority-owned by Apollo Global Management.[3]

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Transcription

Hi, my name is Sanjay and in this video I am going to talk about testing as a career choice. In 1946, Grace Hopper, a computer engineer at Harvard university discovered a moth trapped in one of the computers. The moth was taped on the computer's logbook with the words, "first actual case of a bug being found." It is more than 67 years since that incident but bugs show NO sign of going extinct. In 2011 for example Toyota recalled more than 150,000 of its Prius hybrid cars. The root cause was a software problem - The Prius HAD a bug. Software failures have also resulted in deaths. In a series of accidents in Panama City at least 8 patients died due to overdoses by radiation therapy planning software. Bugs lead to a demand for professionals who are able detect them - the demand for SOFTWARE TESTERS. Overview Software testing is the process of determining if a software product will be acceptable A software defect or bug causes software to produce incorrect or unexpected results. These bugs can arise from mistakes made while designing the computer program or writing it. Some bugs may have minor effects on the output and lie undetected for a long time. Others may cause the program to crash. Others have more extreme outcomes as discussed earlier. Software testing is implemented during different periods in the software development process. Furthermore, though testing is primarily done by testers, it is common for developers to also test code. Pre-requisites A significant task of a tester is to generate and execute test cases. Let us take a simple example. You have written a program that finds the result of dividing 2 numbers. Thus your possible input range will include all numbers. But, how does the program behave if you try dividing 2 alphabets? What happens if you divide a number by zero? Testers thus have an attention for detail. They test code written by programmers based on requirements from business analysts. Good communication skills are a key attribute in such scenarios. Test cases are read by the testing team, analysts, developers and even customers. Thus good written communication skills are a big plus. In general a technical background is not a pre-requisite for becoming a tester. However there is an aspect of testing called Automation testing. The instructions given to such automation tools require some programming exposure. Employers often expect candidates to have at least a bachelor's degree in computer science, engineering or related field. In addition, many employers prefer to hire candidates who have attained certification. Joys of the Craft Now let us look at some of the joys of this role With testing you have a bigger picture of the system. You interact with the business to see how a customer will use the software. You also interact with programmers when you run your test cases and share your results. The training and documentation teams too may get in touch with you to understand different aspects of the software. As a customer, there is a feeling of satisfaction when a product behaves as you expect it should. A tester thus is like a life guard, anticipating and stopping problems before they get to a customer. Many testers find this aspect of their job very satisfying. Challenges of the Craft Now let us look at the other side of the coin. Testing can at times seem repetitive. For example, when a new software version is released, existing functionality may still need to be tested. This aspect is called regression testing. Then you can deal with Developers who are quite possessive about their work. When you spot problems you may have to deal with DEFENSIVE developers. This can be stressful. Lastly, In some companies testing is not given the importance it deserves. This could make you feel undervalued as a tester. Prospects Now let us talk about the prospects of being a tester. One would generally enter the industry as a junior tester. On an average within 5 years you could be promoted to a SENIOR tester. A senior tester works with more complicated test scenarios and also mentors junior testers. On an average within another 2 years you could move into the role of a test lead or test manager. In a nutshell, this role would involve creating test plans and strategies. Some companies choose to hire test consultants so consultancy in this space is an opportunity too. Last but not least, diversification into other roles is another common practice. Moving into other roles such as Business analysis, Project management and business consultancy are pretty common in the industry. So this brings us to the end of this session. The objective was to give you a flavour of this role. Good luck.

International scope

CareerBuilder operates sites in 23 countries outside the U.S., and has a presence in over 60 markets. In 2011, CareerBuilder acquired JobsCentral[4] in Singapore and JobScout24[5] in Germany. In 2014, CareerBuilder acquired the recruiting technology company Broadbean in the U.K.[6]

CareerBuilder operates in various countries including Canada, France, Germany, India, Sweden and the United Kingdom with the same name. The company has a number of subsidiaries such as Kariera.gr in Greece, Cao-emplois.com, Erecrut.com, Ingenieur-emplois.com, LesJeudis.com, PhonEmploi.com and Recrulex.com in France, economicmodeling.com, oilandgasjobsearch.com, Jobmedic.co.uk and Toplanguagejobs.com in the United Kingdom, and Textkernel in the Netherlands. It also operates niche job search sites including Sologig.com, Headhunter.com, CareerRookie.com, MiracleWorkers.com, WorkinRetail.com, and JobsInMotion.com.[7]

Company information

CareerBuilder is majority-owned by Apollo Global Management.[8] Previously, It was jointly owned by Tegna Digital, The McClatchy Company, and Tribune Media.[9][10]

CareerBuilder is headquartered in Chicago, Illinois, with its IT headquarters in Peachtree Corners, Georgia, and its international headquarters in London, England. In 2012, the company had about 3,000-5,000 employees globally.[11]

History

CareerBuilder was founded by Robert J. McGovern[12] in 1995 under the name NetStart Inc.[11] They originally sold software allowing companies to list job openings on their Web sites and to manage the incoming e-mails those listings created.

In 1996, Netstart raised $2 million in investment.[13][14]

In 1998, NetStart Inc. changed its name to CareerBuilder and raised another $7 million in investment.[15][16]

In 1999, the company's IPO raised $8 million more than initially forecasted, but was less successful than other Net offerings of the time. In its first day of trading, the stock opened at $17.50 and rose as high as $20 before closing at $16.[17] Microsoft acquired a minority stake in the company in exchange for using the company's database on their own web portal.[18][19]

In July 2000, the company was purchased in a joint venture by Knight Ridder and Tribune Company[20] for $8 a share.[21] CareerBuilder acquired competitors CareerPath.com and later Headhunter.net which had already acquired CareerMosaic. Even after the acquisitions, CareerBuilder still trailed behind top employment sites likeMonster.com and Hotjobs.com.[22]

In 2001, major newspapers owned by Knight Ridder and the Tribune Company merged their help wanted sections with the online component.[23]

In March 2002, Robert McGovern was replaced as CEO of the company by Robert Montgomery.[24] Gannett purchased a one-third interest in the company for $98.3 million in 2002, adding the CareerBuilder brand to its 90 newspapers nationwide.[25] The company suffered major difficulty because of the dot com crash and nearly went bankrupt.

The McClatchy Company purchased Knight Ridder for $4.5 billion in stock and cash in March 2006.[26]

In December 2008, the company announced layoffs affecting approximately 300 employees.[1]

In September 2012, the company acquired Economic Modeling Specialists Intl. (EMSI), an economic modeling software firm based in Moscow, Idaho.[27] EMSI was sold to Strada Education Network in April 2018.[28]

In 2016, CareerBuilder and Capella University launched the RightSkill program.[29] The company also expanded into background screening with the acquisition of Aurico and post-hire software with the acquisition of WORKTERRA.[30][31]

In June 2017, CareerBuilder was purchased by the private-equity firm Apollo Global Management and the Ontario Teachers’ Pension Plan Board.[32] In September of that year, CareerBuilder laid off 120 employees.[32] Irina Novoselsky was appointed as CEO in October 2017, and in July 2021, was replaced as CEO by Sue Arthur from Optum.[33]

Awards

In April 2006 CareerBuilder.com's site was nominated for a Webby Award in the employment category. In May 2019, CareerBuilder received a Bronze Stevie Award for the AI Resume Builder.[34]

Consumer complaints

According to two consumer complaints received by the office of Illinois Attorney General, Lisa Madigan, and reports from other states, scam artists have been contacting job hunters through CareerBuilder.com regarding a "Donations Handler" position with an international charity. The agreement is a classic pigeon drop. The "handler" accepts checks sent in the mail from Peachtree Corners, Georgia and is required to wire transfer the amount to an international account within 24 hours, but the checks are later discovered to be fraudulent. Victims reported losing between $500 and $2,000 in this scheme.[35]

See also

References

  1. ^ "CareerBuilder Underscores Lead in Traffic and Revenue". CareerBuilder. Retrieved 21 May 2014.
  2. ^ Wilkerson, David B. "CareerBuilder to launch $250 million ad campaign", MarketWatch, January 22, 2008. Accessed February 6, 2008.
  3. ^ "Apollo Global Management-affiliated Funds and Ontario Teachers' Agree to Acquire a Controlling Interest in CareerBuilder". www.businesswire.com. 2017-06-19. Retrieved 2023-06-08.
  4. ^ Wauters, Robin (5 May 2011). "CareerBuilder Expands To Southeast Asia With Purchase Of Singapore's Jobscentral". TechCrunch. Retrieved 1 October 2012.
  5. ^ Rahn, Cornelius (14 September 2011). "Deutsche Telekom Sticks to Internet Plan After JobScout24 Sale". Bloomberg. Retrieved 1 October 2012.
  6. ^ Raphael, Todd (1 April 2014). "CareerBuilder Buying Broadbean". ERE. Retrieved 14 July 2014.
  7. ^ "CareerBuilder.com Acquires Kariera.gr, Continues European Expansion". Press Room | Career Builder. Retrieved 2024-03-13.
  8. ^ "Apollo Global-led investor group to buy CareerBuilder". Reuters. 19 June 2017. Retrieved 2018-01-05.
  9. ^ de la Merced, Michael J. "Times Company Forms Alliance With Job-Listing Web Site", The New York Times, February 15, 2007. Retrieved February 6, 2008. "Three of the largest newspaper chains — the Tribune Company, the Gannett Company and The McClatchy Company — own CareerBuilder, among the largest help-wanted sites."
  10. ^ "CareerBuilder: About Us". Retrieved 20 January 2012.
  11. ^ a b "CareerBuilder Timeline". Retrieved 20 January 2012.
  12. ^ Rajiv Chandrasekaran, "Tapping Into a Web of Aspirations; NetStart Helps Firms With Online Job Hunts", The Washington Post, Dec. 30, 1996, p. F13
  13. ^ "High-Tech Turks Lure Big-Buck Backers; Outside Investment Grows but Trails Other U.S. Centers", The Washington Post
  14. ^ Rajiv Chandrasekaran, "Tapping into a Web of Aspirations; NetStart Helps Firms With Online Job Hunts", The Washington Post, Dec. 30, 1996, p. F13. Retrieved December 11, 2008
  15. ^ "Building a Career Path", The Washington Post, Jan. 19, 1998, p. F05. Retrieved December 12, 2008
  16. ^ Michael Selz, "Financing Small Business: Computerized Employee-Search Firms Attract Investors", The Wall Street Journal, Jan. 13, 1998, p. 1. Retrieved December 12, 2008
  17. ^ Jerry Knight, "TECH INVESTOR; Reston Firm Holds IPO", The Washington Post, May 13, 1999, p. E04. Retrieved December 12, 2008
  18. ^ Job Search. Archived from the original on 21 May 2014. Retrieved 21 May 2014.
  19. ^ John Schwartz, "Microsoft Buys Into Reston Firm; Stake in CareerBuilder Adds Job Database to Web Portal", The Washington Post, May 25, 1999, p. E02
  20. ^ "Business Brief -- CAREER BUILDER INC.: Knight Ridder and Tribune Agree to Buy Firm Jointly", The Wall Street Journal, Jul. 18, 2000, pg. 1. Retrieved December 12, 2008
  21. ^ Amy Joyce, Peter Behr,"CareerBuilder of Reston Sells for $200 Million", The Washington Post, Jul 18, 2000, pg. E01. Retrieved December 12, 2008
  22. ^ James Peter Rubin, "Breakaway (A Special Report) --- Web Workers: More small businesses are filling vacancies from an ever-growing pool of Internet candidates", The Wall Street Journal, Oct. 23, 2000, pg. 8. Retrieved December 12, 2008
  23. ^ Christopher Stern, "CareerBuilder to Buy Competing Web Site", The Washington Post, Aug, 27, 2001, pg. E05. Retrieved December 12, 2008
  24. ^ Cynthia L. Webb, "CareerBuilder Under New Management :[FINAL Edition]", The Washington Post, Mar 5, 2002, pg. E05. Retrieved December 12, 2008
  25. ^ Stuart Elliott, "Gannett Buys Interest In CareerBuilder", The New York Times (Late Edition (east Coast)), Oct. 4, 2002, p. 6. Retrieved December 12, 2008
  26. ^ KATHARINE Q. SEELYE and ANDREW ROSS SORKIN, Jennifer 8. Lee and Carla Baranauckas contributed reporting for this article., "Newspaper Chain Agrees to a Sale for $4.5 Billion." The New York Times (Late Edition (east Coast)), p. A.1, Mar. 13, 2006. Retrieved December 12, 2008
  27. ^ "CareerBuilder Acquires Economic Modeling Firm". Talent Management. 11 September 2012. Retrieved 1 March 2013.
  28. ^ "CareerBuilder Sells Labor Market Analytics Firm Emsi to Strada". 25 April 2018.[permanent dead link]
  29. ^ "About - RightSkill". RightSkill. Retrieved 2017-01-13.
  30. ^ "CareerBuilder expands into background screening and drug-testing with Aurico acquisition". www.aurico.com. 2 March 2016. Retrieved 2017-01-13.
  31. ^ "CareerBuilder expands into employee benefits and talent management with Workterra acquisition". VentureBeat. 6 September 2016. Retrieved 2017-01-20.
  32. ^ a b "CareerBuilder lays off 120 after being acquired". Crain's Chicago Business. 2017-09-27. Retrieved 2019-09-20.
  33. ^ "CareerBuilder names Sue Arthur CEO". Chicago Business Journal. 2021-07-22. Retrieved 2021-08-14.
  34. ^ "CareerBuilder's AI Resume Builder Honored as Stevie® Award Winner in the Artificial Intelligence/Machine Learning Solutions Category".
  35. ^ "Scam Targets Job Hunters on Careerbuilder.com". Consumer Affairs. Retrieved 21 May 2014.

External links

This page was last edited on 13 March 2024, at 08:44
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