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Suggest pagesCareerBuilder
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| URL | CareerBuilder.com |
|---|---|
| Commercial? | Yes |
| Type of site | Job Search Engine |
| Registration | Optional |
| Available language(s) | Multi-Lingual |
| Owner | Gannett Co, Inc. Tribune Company The McClatchy Company |
| Created by | Rob McGovern |
| Launched | 1995 |
| Alexa rank |  643 (February 2012[update])[1] |
| Revenue |  US$556 million (2010)[2] |
| Current status | Active |
CareerBuilder.com, operated by CareerBuilder, is the largest online employment website in the United States, with more than 23 million unique visitors each month and a 34% market share of help-wanted web sites in the United States.[3] CareerBuilder.com provides online career search services for more than 1,900 partners as of March 2008, including 140 newspapers and portals such as AOL and MSN. It was founded in 1994.
Careerbuilder.com is jointly owned by the Gannett Company, The McClatchy Company and the Tribune Company.[4] [5]
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[edit] Company Information
CareerBuilder.com is headquartered in Chicago, Illinois, has more than 2,500 employees, and is under the leadership of CEO Matt Ferguson. It was founded in 1995[6] by Rob McGovern, who is now the CEO/founder of Jobfox.
After several years of profit, CareerBuilder.com suffered challenges related to the economic downturn in 2008. The company announced layoffs in December 2008, affecting approximately 300 employees. [1]
Careerbuilder has regained strength after the turn of the global economy and has maintained lead as the largest online employment company in North America.
Some of CareerBuilder's global sites and subsidiaries include:
- CareerBuilder.be - Belgium
- CareerBuilder.ca - Canada
- CareerBuilder.com.cn - China
- CareerBuilder.dk - Denmark
- CareerBuilder.eu - European Union
- CareerBuilder.fr - France
- CareerBuilder.de - Germany
- JobScout24.com - Germany, acquisition as of October, 2011
- CareerBuilder.co.in - India
- CareerBuilder.ie - Ireland
- CareerBuilder.it - Italy
- CareerBuilder.nl - Netherlands
- CareerBuilder.no - Norway
- CareerBuilder.pl - Poland
- CareerBuilder.ro - Romania
- JobsCentral.com.sg - Singapore
- CareerBuilder.es - Spain
- CareerBuilder.se (formerly Jobguiden.se) - Sweden
- CareerBuilder.ch - Switzerland
- CareerBuilder.co.uk - United Kingdom
- CareerBuilder.gr (formerly, Kariera.gr) - Greece
- CaoEmplois.com - France
- Erecrut.com - France
- IngenieurEmploi.com - France
- LesJeudis.com - France
- PhonEmploi.com - France
- Recrulex.com - France
- StaffNurse.com - United Kingdom
[edit] History
CareerBuilder began in 1995 as NetStart Inc.[7] selling software to companies for listing job openings on their Web sites and the ability to manage the incoming e-mails those listings created. After an influx of two million dollars in investment capital[8] the company transported this software, named CareerBuilder to its own web address, at first listing the job openings from the companies who utilized the software.[9] NetStart Inc. changed its name in 1998 to operate under the name of their software, CareerBuilder. [10] The newly christened company received a further influx of seven million dollars from investment firms such as New Enterprise Associates to expand their operations.[11]
The company announced their decision to go public in April 1999.[12] The company's IPO on May 12, 1999 raised $8 million more than initially forecast, 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.[13] Microsoft moved quickly to acquire a minority stake in the company in exchange for using the company's database on their own web portal.[14]
After being purchased in a joint venture by Knight Ridder and Tribune Company in July 2000[15] for $8 a share[16] CareerBuilder absorbed competitor boards CareerPath.com and then Headhunter.net which had already acquired CareerMosaic. Even with these aggressive mergers CareerBuilder still trailed behind the number one employment site Jobsonline.com, number two Monster.com and number three Hotjobs.com. [17]
In 2001, major newspapers owned by Knight Ridder and the Tribune Company merged their help wanted sections with the online component. [18] Rob McGovern was replaced as CEO in March 2002 by Robert Montgomery. [19] Gannett purchased a one-third interest in the company for $98.3 million in 2002, adding the CareerBuilder brand to its 90 newspapers nationwide. [20]
The McClatchy Company purchased Knight Ridder $4.5 billion in stock and cash in March 2006. [21]
[edit] Awards
In April 2006 CareerBuilder.com's site was nominated for a Webby Award in the employment category.
In September 2007, CareerBuilder.com was ranked as 91 in BusinessWeek's Best Places to Launch a Career list.[22]
In December 2007, CareerBuilder.com won the Stevie Award for excellence in Customer Service.
In June 2008 CareerBuilder.com won the International Customer Management Institute's Global Call Center of the Year Award.
In December 2011, GlassDoor.com announced in their fourth annual list of Employee Choice Awards: Best Places to Work. CareerBuilder ranked 6th, behind #5 Google and ahead of #10 Apple.[23]
[edit] Partnerships
- South Korea - Incruit
[edit] 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 Atlanta, Georgia and is required to wire transfer the amount to an international account within 24 hours. The checks are later discovered to be fraudulent. Victims reported losing between $500 and $2,000 in this scheme. [24]
[edit] See also
[edit] References
- ^ "Careerbuilder.com Site Info". Alexa Internet. http://www.alexa.com/siteinfo/CareerBuilder.com. Retrieved 2012-02-02.
- ^ http://www.careerbuilder.com/share/aboutus/pressreleasesdetail.aspx?id=pr623&sd=3%2F2%2F2011&ed=12%2F31%2F2011
- ^ Wilkerson, David B. "CareerBuilder to launch $250 million ad campaign", MarketWatch, January 22, 2008. Accessed February 6, 2008.
- ^ de la Merced, Michael J. "Times Company Forms Alliance With Job-Listing Web Site", The New York Times, February 15, 2007. Accessed 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."
- ^ "CareerBuilder: About Us". http://www.careerbuilder.com/share/AboutUs/default.aspx. Retrieved 20 January 2012.
- ^ "CareerBuilder Timeline". http://www.careerbuilder.com/share/aboutus/profile_history.aspx#1995. Retrieved 20 January 2012.
- ^ "CareerBuilder Timeline". http://www.careerbuilder.com/share/aboutus/profile_history.aspx#1995. Retrieved 20 January 2012.
- ^ Peter Behr, David Segal, “High-Tech Turks Lure Big-Buck Backers; Outside Investment Grows but Trails Other U.S. Centers”, The Washington Post, Nov. 4, 1996, pg. F05,Retrieved December 12, 2008
- ^ Rajiv Chandrasekaran, “Tapping Into a Web of Aspirations; NetStart Helps Firms With Online Job Hunts”, The Washington Post, Dec. 30, 1996, pg. F13, Retrieved December 11, 2008
- ^ ”Building a Career Path”, The Washington Post, Jan. 19, 1998, pg. F05, Retrieved December 12, 2008
- ^ Michael Selz, “Financing Small Business: Computerized Employee-Search Firms Attract Investors”, Wall Street Journal, Jan. 13, 1998, pg. 1, Retrieved December 12, 2008
- ^ Mark Leibovich, "Making the Job Search Profitable; CareerBuilder, a Top Online Employment Service, Is About to Go Public", The Washington Post, Apr. 5, 1999, pg. F05, Retrieved December 12, 2008
- ^ Jerry Knight, "TECH INVESTOR; Reston Firm Holds IPO", The Washington Post, May 13, 1999, pg. E04,Retrieved December 12, 2008
- ^ John Schwartz, "Microsoft Buys Into Reston Firm; Stake in CareerBuilder Adds Job Database to Web Portal", The Washington Post, May 25, 1999, pg. E02
- ^ ” Business Brief -- CAREER BUILDER INC.: Knight Ridder and Tribune Agree to Buy Firm Jointly”, Wall Street Journal, Jul. 18, 2000, pg. 1, Retrieved December 12, 2008
- ^ Amy Joyce, Peter Behr,"CareerBuilder of Reston Sells for $200 Million", The Washington Post, Jul 18, 2000, pg. E01, Retrieved December 12, 2008
- ^ James Peter Rubin, “Breakaway (A Special Report) --- Web Workers: More small businesses are filling vacancies from an ever-growing pool of Internet candidates”, Wall Street Journal, Oct. 23, 2000, pg. 8, Retrieved December 12, 2008
- ^ Christopher Stern, "CareerBuilder to Buy Competing Web Site", The Washington Post, Aug, 27, 2001, pg. E05, Retrieved December 12, 2008
- ^ Cynthia L. Webb, "CareerBuilder Under New Management :[FINAL Edition]", The Washington Post,Mar 5, 2002, pg. E05. Retrieved December 12, 2008
- ^ Stuart Elliott, "Gannett Buys Interest In CareerBuilder", New York Times (Late Edition (east Coast)), Oct. 4, 2002, p. 6. Retrieved December 12, 2008
- ^ 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." New York Times (Late Edition (east Coast)), p. A.1, Mar. 13, 2006, Retrieved December 12, 2008
- ^ "2007 BEST PLACES TO LAUNCH A CAREER". BusinessWeek. http://www.businessweek.com/careers/bplc/2007/91.htm. Retrieved 13 January 2012.
- ^ http://www.businessreviewusa.com/business_leaders/facebook-google-named-among-top-companies-to-work
- ^ http://www.consumeraffairs.com/news04/2006/05/career_building_scam.html
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