SAN RAMON, CA--(Marketwire - October 26, 2010) - eQuest today announced the release of the first group of features packaged into its newly developed Chameleon job posting application. eQuest is the leading international job posting distributor for the Fortune 500.
Leading the way is the patent-pending, Spendometer™.
Spendometer is an auto-evaluation program that will measure candidate response trending based on the group of job boards selected by the recruiter prior to posting. Spendometer will search eQuest's vast database of analytics to determine which boards received the lowest candidate responses -- based on similar jobs and locations previously posted by eQuest's aggregated user base in the past 30-day period.
If the recruiter deselects any of the worst performing boards, the job board cost savings is rendered on the screen in real-time, recorded and available to the company each month in aggregated savings across all recruiters posting for that company.
eQuest reports that most recruiters select on average between three to six job boards per delivery. If the Spendometer is utilized with each posting and at least a single board is removed per post, a typical eQuest customer could realize a savings of $50,000 to $100,000 annually -- based on the amount of jobs posted per year.
Other features include:
Additional automation and features are planned for release in the first quarter of 2011.
eQuest is the global leader in job-posting delivery and job board management services, including candidate sourcing metrics and job board evaluations, job board consultation and planning, job board negotiating, and billing control. Thousands of job boards are supported in the eQuest network reaching over 180 countries and territories worldwide. eQuest is one of the most recognized and admired brands in the human resource industry. eQuest can be reached at www.equest.com or more specifically at http://chameleon.equest.com.