Olam to travel south to tie down contract with Melbourne Storm

first_imgPNG Hunters utility Justin Olam will travel to Melbourne after the games this Sunday with the Redcliffe Dolphins to visit Melbourne Storms coach Craig Bellamy to see where he will be residing to play with his new NRL club.Hunter’s coach Michael Marum said Justin is a dangerous player being in the Hunters team and his performance has boosted the team in many games.“Replacing Co-Captain Noel Zeming, he has played well scoring tries and defending the corner lanes,” Marum said.However, Olam will be in Melbourne for three days before travelling back to PNG to join his current team to play in the finals.last_img

SmashFly Modernizing Recruitment

first_imgSmashFly large logo We’re very happy to have recently invested in recruitment marketing platform SmashFly. This past June, we closed a Series A investment of $9 million, which SmashFly will put towards bolstering their sales, marketing, and R&D to help them maintain their position as a next-generation recruitment leader.Recruitment Has ChangedThe buzz phrase is “recruitment marketing platform.” But what does that actually mean? To begin to understand that, you need to have a basic understanding of existing recruitment systems, namely applicant tracking systems (ATS). The ATS (generally part of a larger ERP system) is a database/repository for collecting, storing, and organizing applicants and their applications. These systems can be pretty clunky, not necessarily strategic, and, in the end, they don’t really make a recruiter’s job any easier or help the company attract and retain top-tier candidates. But they’re needed for compliance workflows, so they’re not going away anytime soon.SmashFly Levels the Playing FieldSmashFly equalizes the relationship between job seekers and recruiters by allowing for streamlined, one-to-one candidate engagement at scale. It makes it easy for candidates to stay up-to-date on companies, and simple for companies to communicate directly candidates. SmashFly’s platform combines analytics, job distribution, candidate relationship management, employee referral management, career sites, and social media. It allows for consistent messaging, more powerful recruitment capabilities and an overall better candidate experience. For candidates, that means a personalized experience when they’re job searching. That cuts down the extraneous information and keeps things relevant. Before even applying for a position, an applicant can now stay up to date on all of but only the information that is relevant for them. For recruiters, SmashFly enables them get to know the job seekers who are interested in their company, dig down into the possible reasons as to whether or not they apply, and allows them to market to potential candidates and establish a relationship without requiring the entire online application process. Now, with limited candidate information, they can begin to engage the candidate from multiple angles.The People Behind SmashFlymikehennessy_square The entire team at SmashFly has some of the deepest domain experience we’ve ever seen — it’s truly off the charts. Michael Hennessy, the founder and CEO, was the primary architect at HireSystems/BrassRing, which was bought by Kenexa. Mary Grace, who runs product, was a senior product manager at Taleo. Their head of sales, Scott Fowle, was brought on from HireVue (and has historical experience at SuccessFactors and Taleo) last year. In other words, this is a company filled with some serious industry experience and lots of street cred in the HCM world. They’re very product-oriented, and have a great understanding of what their customers need. It’s also important to point out they bootstrapped this company up to this point, building the platform and successfully growing by following a very simple tried and true formula: responding to customer feedback and adding critical components over time, resulting in a very robust platform. In fact, when we first met the team (roughly eighteen months ago), they weren’t looking to raise capital. They were profitable and had an incredibly impressive customer list. We maintained contact with the team and continued to develop the relationship gradually. For us, it was too good of an opportunity to give up on — a terrific mix of a solid product that fulfilled a market need no one else was really hitting and driven by a great team. Eventually, they came to the point when they realized the advantages of accepting outside capital from a value-add partner, and that’s how we came to make the investment.SmashFly Will Change How You RecruitSmashFly is very well-positioned for success: A strong product lens, strong leadership, great clients, and a strong platform with compelling value prop. SmashFly fills a need in a market that’s large and in flux — something we’re specifically drawn to. Putting the best people in the right positions will always be a top priority for any business, and this is the tool to help companies do that. Learn more about SmashFly at their website.  AddThis Sharing ButtonsShare to FacebookFacebookShare to TwitterTwitterShare to PrintPrintShare to EmailEmailShare to MoreAddThislast_img read more

Hudsons Bay chairmans firm to buy Ontario pension fund stake in retailer

first_img 0 Comments Recommended For YouBoeing takes $4.9 bln charge for prolonged grounding of 737 MAX planesU.S. hog futures rise amid hopes of increased China pork demandSherritt Provides Notice of Second Quarter 2019 Results, Conference Call and WebcastBrazil’s Monashees buys stake in plant-based meat producer Fazenda FuturoWall Street rises as Fed’s Williams cements rate-cut expectations Hudson’s Bay Co Chairman Richard Baker is buying shares in the retailer through his firm Rupert of the Rhine LLC.Canadian Press Email Comment Reddit Facebook January 4, 20199:50 AM EST Filed under News Retail & Marketing Hudson’s Bay chairman’s firm to buy Ontario pension fund stake in retailer; stock surges more than 12% Shares of the company have fallen 37% in the last 12 months Reuters Share this storyHudson’s Bay chairman’s firm to buy Ontario pension fund stake in retailer; stock surges more than 12% Tumblr Pinterest Google+ LinkedIn More An entity controlled by Hudson’s Bay Co Chairman Richard Baker will buy the stake owned by a unit of Ontario Teachers’ Pension Plan Board in the Canadian retailer, according to L&T B Cayman Inc, a top shareholder in Hudson’s Bay and a joint buyer.The purchase of about 18 million shares at $9.45 each by Baker’s entity Rupert of the Rhine LLC represents a premium of 28.6 per cent to HBC’s Thursday close, L&T B Cayman said on Thursday.HBC stock surged 12.5 per cent to $8.25 after the open Friday. The acquired shares will represent about 9.76 per cent of common shares on a non-diluted basis and 7.54 per cent assuming the conversion of the outstanding convertible preferred shares of HBC into common shares, L&T B said.Upon completion of the deal, L&T B will own about 25.03 per cent of Hudson’s Bay on a non-diluted basis.HBC, the owner of the Saks Fifth Avenue luxury retailer, has embarked on a mission to boost flagging sales as it combats market share erosion by e-commerce companies including Amazon.com Inc.Last year, HBC formed a joint venture for its European business, sold its unprofitable online brand Gilt and had said it will close up to 10 struggling Lord & Taylor stores after selling the brand’s flagship building in Manhattan.Still for some investors, the measures have not gone far enough. Hedge fund Land & Buildings in November called for HBC to sell the Saks Fifth Avenue and Lord & Taylor brands and its 50 per cent interest in the European joint venture.Hudson’s Bay CEO Helena Foulkes then said the company agrees with Land and Buildings that HBC is undervalued and that “everything is on the table in terms of increasing value for our shareholders.”Shares of the company have fallen 37 per cent in the last 12 months.Hudson’s Bay and Ontario Teachers’ Pension Plan Board were not immediately available for comment outside regular business hours.© Thomson Reuters 2019 Twitter Join the conversation →last_img read more