ADP and CareerBuilder Form Strategic Alliance to Deliver Internet Recruiting.ROSELAND, N.J. and RESTON, Va.--(BUSINESS WIRE)--Feb. 2, 1998-- ADP (1) (Automatic Data Processing) Synonymous with data processing (DP), electronic data processing (EDP) and information processing. (2) (Automatic Data Processing, Inc., Roseland, NJ, www.adp. is the first major corporation to enter online recruiting market by providing direct sales for CareerBuilder's best-of-breed Internet recruiting This article or section may contain original research or unverified claims. Please help Wikipedia by adding references. See the for details. This article has been tagged since September 2007. solution Automatic Data Processing Same as data processing. , Inc. (ADP) (R), the world's leading provider of integrated human resources The fancy word for "people." The human resources department within an organization, years ago known as the "personnel department," manages the administrative aspects of the employees. , benefits and payroll services, and CareerBuilder (R), Inc., formerly NetSmart, Inc., a leading provider of Internet recruiting solutions, today announced an agreement to jointly market CareerBuilder's Internet recruiting solution. This marks the first time that a major U.S. corporation will offer services geared specifically to helping companies conduct online recruiting. "Our collaboration with CareerBuilder is an important and strategic development," said Gary Butler, president ADP Employer Services. "Our entry into the Internet-based services arena is another example of our ongoing commitment to extend our Employer Services offerings. With CareerBuilder, we can provide the best-of-breed solution to meet our clients' demand to address their recruiting challenges." CareerBuilder, Inc. develops a unique recruiting solution that combines TeamBuilder (R), a recruiting application, and an award winning career achievement site, careerbuilder.com. The CareerBuilder solution reduces employers' time to hire and lowers overall recruiting costs, which according to according to prep. 1. As stated or indicated by; on the authority of: according to historians. 2. In keeping with: according to instructions. 3. the Society of Human Resource Managers (SHRM SHRM Society for Human Resource Management SHRM Saw Horse Roof Mount (construction) ) can average up to $8,219 per employee. About the Alliance Under the terms of the agreement, ADP will co-brand CareerBuilder's recruiting solution and distribute it through its direct sales force. ADP will also own a minority stake in CareerBuilder Inc. and an ADP Executive will be elected to its Board of Directors. "We are very excited that ADP selected CareerBuilder's unique Internet recruiting solution to complement their portfolio of HR services. Our proven success with more than 300 employers and millions of job seekers was a determining factor in ADP's decision," said Rob McGovern, president and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. of CareerBuilder, Inc. "This alliance further validates the market demand for Internet recruiting solutions and for the growing acceptance of the Internet as a recruiting medium." The ADP/TeamBuilder solution will be sold through ADP's traditional sales channels nationwide and will initially be available in Metropolitan Washington, D.C. and Houston in early February. ADP and TeamBuilder plan to integrate CareerBuilder's recruiting management application TeamBuilder with ADP's HR solutions including CSS (1) See Cascading Style Sheets. (2) (Content Scrambling System) The copy protection system applied to DVDs, which uses a 40-bit key to encrypt the movie. HRizon (TM), HR/Perspective (TM) and HR/Profile (TM), and ADP PC/Payroll for Windows. "The CareerBuilder Alliance fits perfectly within our overall Internet strategy; making use of Internet technologies to offer superior services to our clients," said Tom Miller, vice president, Internet Business Development, ADP. "This is the first in a line of planned Internet offerings we will make available to our clients." About ADP ADP (NYSE NYSE See: New York Stock Exchange : AUD AUD In currencies, this is the abbreviation for the Australian Dollar. Notes: The currency market, also known as the Foreign Exchange market, is the largest financial market in the world, with a daily average volume of over US $1 trillion. ), with more than $4 billion in annual revenues and more than 400,000 clients, is one of the largest independent computing services firms in the world. Founded in 1949, ADP provides computerized transaction processing, data communications, software, and information services See Information Systems. in virtually every industry. ADP Employer Services is the world's largest provider of payroll services and human resource information systems (HRIS HRIS Human Resource Information System HRIS High-Resolution Imaging Spectrometer HRIS Highway Research Information Service HRIS High Resolution Infrared Sounder ). It offers a comprehensive range of benefits, payroll and business tax deposit and reporting, time and attendance, 401(k) record keeping and unemployment compensation management services. In addition, ADP provides market data, securities transaction processing and investor communications services to the brokerage and financial communities, industry-specific computing and consulting services to auto and truck dealers and computerized automated auto repair estimating and auto parts availability services to the auto repair industry. About CareerBuilder, Inc. CareerBuilder, Inc. develops and markets leading Internet recruiting solutions with its pioneering model for business-critical recruiting. CareerBuilder's integrated suite of recruiting solutions, TeamBuilder Online, TeamBuilder 2.1 (SM) and CareerBuilder, allows companies with various recruiting needs to attract the best candidates, while saving time and money through the use of the Internet. CareerBuilder's customers include Southwestern Bell, Bell Atlantic, Taco Bell, Intel, Boeing, Sallie Mae Sallie Mae: see SLM Corporation. , Wells Fargo and USWeb. CareerBuilder products are sold directly, as well as through resellers, including USWeb and Proxicom. CareerBuilder's offices are located in Atlanta, Boston, Chicago, Dallas, Houston, New York New York, state, United States New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of , Reston, VA, Seattle and San Francisco. Please visit www.CareerBuilder.com for additional information about the company. CONTACT: Jennifer Giles CareerBuilder, Inc. 703-925-3590 jennifer.giles@careerbuilder.com OR Stacy Breines 415-951-4738 sbreines@fitzcomm.com OR Michael Klein Ogilvy Adams & Rinehart 212-880-5332 michael.klein@oar-ny.com |
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