AllianceQ set to revolutionize the $58 billion recruitment industry by creating a free supply of job candidates for Fortune 500 companies.
A group of industry-leading Fortune 500 companies today launched AllianceQ, an organization created to build a free, exclusive and perpetually growing pool of job candidates to drive down its members’ cost of recruiting. Founding members include Automatic Data Processing, Inc. (ADP), Baxter, Best Buy Co., Inc., Entergy Corporation, FPL Group (Florida Power & Light Company, FPL Energy), Starbucks, and Wachovia Corporation.
The technology behind AllianceQ continually matches job candidates to employment vacancies across all Alliance member organizations. The result is that participating companies now have a free way to source new job candidates, and can offer those job candidates they cannot hire, opportunities with other AllianceQ members. The Alliance’s goal is to provide its members with a zero cost recruitment solution for three out of every five jobs.
U.S. employers spend billions of dollars every year in their attempts to reach relevant and qualified candidates. According to Borrell Associates, total recruitment spending is expected to increase from $58 billion in 2008 to $73 billion in 2012.
AllianceQ was conceived, formed and implemented by QuietAgent (www.quietagent.com) – a third generation recruitment solution – in response to the increasing time, energy and cost corporations often waste while recruiting qualified job seekers.
Click here for information about joining AllianceQ, or here for the full press release.
People standing in line in the unemployment lines across America might think they are being short changed by this but just the opposite is true. This enables not only highly qualified people to find jobs but also helps these companies to find the people with the qualifications they are looking for without having to sift through countless unqualified applications. I think it’s a great tool. Anything that saves corporate dollars and might possibly help keep down some of the rising costs is a major plus to me.
Jason,
Thank you for covering the launch of AllianceQ! It will be interesting to see how the collaboration of corporate America to solve a collective problem and drive down costs will catch on. We’ve seen a spike in interest since our launch last Wednesday and hope that respected bloggers like yourself continue to monitor the growth of the Alliance!
Phil Haynes
Managing Director
AllianceQ
http://allianceqblog.qaaqblogs.com/
Hattie Ann,
You get it! It’s wonderful to read your comment and see that the idea of companies coming together to increase our ability to find and hire the best talent is already taking hold. We appreciate your support and hope that you find increasing value in AllianceQ as we grow!
Phil Haynes
Managing Director
AllianceQ
http://allianceqblog.qaaqblogs.com/
Phil,
Thanks for the comments on the blog. I am excited to see the growth, and look forward to future innovations in the online space.
Jason