Feral Jundi

Sunday, December 19, 2010

Job Tips: A New Way To Find Jobs–Offer Cash Bounties To Agents Through Career Element

     But Career Element is drawing attention for its dream job feature, which allows people like Elizalde to name the price they are willing to pay to land a high-quality position.

     If an “agent” helps Elizalde get a job, his $10,000 bounty will be released – 87.5 percent to the agent, and 12.5 percent to Career Element.

     “The best way to get a job is through networking,” Campbell said. “But if you don’t know people, this is a great way to get their attention.”

     Now this is interesting.  I stumbled upon this website and news story the other day while doing a search on bounties, and this thing popped up. The concept is all about offering a cash award to anyone that can get you your dream job! Pretty cool huh?

     I have not signed up with this deal, but this is how it could work for anyone in our industry.  If you are the job seeker, you sign up and you post what type of job or jobs you are looking for in the industry.  Obviously you should be qualified for the jobs, but still, put it out there and put up a sizable bounty that could get you some interest.  In the example above, this guy posted a $10,000 dollar bounty for his particular field. The question you need to ask as a security contractor is how much of a bounty would it take to get anyone interested in finding you a job?

    The other element to this is the agents.  For those of you who are on gigs who pull some weight with the company you are with, your recommendation of a qualified individual that is just trying to get into an industry like this, could make you a little money and help someone out.  Because what the job seeker is trying to do here is get a ‘network’ of agents, fueled by the possibility of collecting a bounty for their work or recommendation.

    This Career Elements website also promotes the negotiation period, which will further allow the job seeker and agent to talk about what is required for the task. The agent can also determine if they even want to recommend this job seeker.

    What is interesting with our industry is that there are numerous types of jobs out there that a guy could be qualified for, but because a job seeker doesn’t know anyone in the industry or know how to navigate it, getting a foot in the door could be rough.  Or getting their foot in the right door could be difficult as well.  An agent could also find that one job that the job seeker didn’t even think about.  Either way, it would be a way of connecting experienced job seekers (agents), with the folks that do not have an established network and want a job.

    The article below also talked about potential drawbacks of a system like this.  That recruiters from the companies might come onto a site like this and go after bounties to get people.  Would this be unethical?  I mean if a job seeker is qualified and is willing to fork over a bounty just to land a job, I would classify that as pretty dedicated. Not everyone can be good at finding jobs, and something like this is just another way to achieve that goal.

    I have noticed that companies already offer bounties to individuals that bring qualified linguists to them.  Folks that are in high demand are worth several thousand dollars in head hunting fees.  Some companies even offered rewards for bringing in special forces types to high level contracts.  So if companies can do this, why can’t contractors offer bounties to agents that could find them the jobs they are looking for?

     Oh, and one more thing.  I am not sure if Career Element has a policy against security contractors using their site.  I didn’t see anything that would prohibit our industry from participating, but you never know. And if they do have a problem, this might be a new thing for someone to start just for this industry? –Matt

Website For Career Element here.

New ways to find jobs: cash bounties, texting

Stop Endless Job Search Trials, Hire an Agent to Land Your Dream Job

New ways to find jobs: cash bounties, texting

By Casey Newton

December 19, 2010

Fernando Elizalde has tried the traditional ways of gaining employment.

He asks his family and friends for leads. He attends networking events. He sends out resumes constantly.

But after more than a year of looking for a job in private equity, and despite a master’s in business administration from UCLA, the 28-year-old finds himself with few leads and a growing sense of frustration.

So Elizalde took a different tack: He recently posted a bounty – $10,000 to the person who lands him a job.

Elizalde is one of the first job seekers to try Career Element, a Palo Alto startup that allows users to post a bounty for anyone who can help them get their job of choice. That person could be a recruiter or someone at the job hunter’s dream company who has inside knowledge on a position opening up.

“I feel like it provides a huge benefit during really hard times,” said Elizalde, who emigrated from Argentina a decade ago and lives in Los Angeles. “It provides more networking opportunities. Yeah, it’s artificial, because in some ways you’re buying those connections. But at the same time, when networking is so important, I don’t see why not.”

With California unemployment at 12.4 percent and the national rate at 9.8 percent, some Bay Area startups are taking novel approaches to helping people find work.

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Funny Stuff: Career Element–Lord Bob Gets His Dream Job

Saturday, December 18, 2010

Industry Talk: USTC Holdings Buys Xe Services For Estimated $200 Million

     This post by AM Law Daily had everything that I thought was pertinent to the story.  So Xe has finally been sold, and for an estimated 200 million dollars.

     I think what is really interesting with this acquisition is all the national security related stuff that goes along with buying a company like this.  When you buy Xe, you are buying all the really complex and sensitive government contracts they are involved with.  And like the article below pointed out, Michael Chertoff’s company (former Homeland Security Secretary) was heavily involved in making sure this was done correctly.

     So what will USTC Holdings do with Xe, now that they bought it?  Good question, but I am sure you won’t see a lot of change right off the get go. Matter of fact, you probably won’t see anything new with the company, other than it just having new owners. –Matt

Bingham, Mayer Brown Advising on Sale of Blackwater/Xe Services to Private Equity Group

December 17, 2010

By Brian Baxter

Xe Services, the private military contractor formerly known as Blackwater Worldwide, announced on Friday that it had been sold to a group of private equity investors with ties to company founder Erik Prince.

Terms of the transaction were not disclosed, but The New York Times puts the value of the deal at around $200 million. USTC Holdings, the investment group taking control of Xe, said in a statement that the deal includes all Xe companies that provide domestic and international security services, including the target’s training facility in Moyock, N.C.

Bloomberg reports that USTC is comprised of private equity firms Manhattan Partners and Forté Capital Advisors, whose managing partner, Jason DeYonker, has close ties to the Prince family. (Aaron Kanter serves as Forté’s chief compliance officer and in-house counsel.)

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Cool Stuff: The PMSC Observer, By David Isenberg

     This is great.  I am glad to see that David created a blog purely dedicated to everything PMSC, and it is really cool to see him have his own site to play around with.  This blog is on my RSS reader and it will be fun to see what he digs up in the future for everyone’s reading pleasure.

     His archives will be a great resources as well because of all the industry related work he has done over the years. Check it out and feel free to drop him a comment, or do a search to get any questions answered. –Matt

The PMSC Observer

David Isenberg has over 20 years experience analyzing U.S. defense, foreign policy, national and international security issues. He has written for print (both for general public and specialist readers), television and radio, and run Internet websites and mailing lists. He has testified before Congress and lectured to the military. Areas of expertise include U.S. military force structure, defense budgeting, WMD proliferation, terrorism, homeland security, counterdrug, peace operations, intelligence policy, international arms trade, small arms proliferation, operations other than war, information warfare, private military companies, biological weapons, and general arms control issues.

Link to website here.

Executive Protection: Protection Specialist Business Is Booming

     ‘The more uneasy the country is, the more work we tend to have,’ says an organizer of an industry event in San Diego this month.

     There, I corrected the title for the author based on the last sentence of this article. lol If the guys don’t like being called ‘bodyguards’, then don’t call them bodyguards in your title. It would seem that would be the respectful thing to do.

     Either way, the statistics in this article are what drew me in. “Growth averaged about 15% from 2001 to 2006 and slowed down to about 5% in the years after” is what jumped out at me.  Very interesting, and I am sure the economy and events in Mexico also added to this ‘9/11 fueled’ growth.

     As for the guard card and standards in California, that is great.  I got a little taste of this stuff when I went through my ITG course in California. Which is another reason why any Californian readers out there should think seriously about going through a course like ITG, because they will certainly point you in the right direction. You might even get some gigs out of the deal. –Matt

Bodyguard business is booming

By Shan Li

December 18, 2010

When bodyguards around the nation flocked to San Diego recently, the talk was all about paparazzi, terrorists and the latest tech gizmos, with seminars like “Surviving the Kill Zone — Human Factors Are the Key.”Guards trained in martial arts showed the latest techniques for subduing nightclub troublemakers, joked about the challenges of guarding celebrities like Paris Hilton and compared notes on the latest technology borrowed from the military.The 29th annual Executive Protection Institute Conference this month came at a time when demand for bodyguards has soared in lockstep with increasing global unrest spurred by wars and economic turmoil and rising public curiosity about the private lives of celebrities.

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