Released on = February 26, 2007, 4:31 pm

Press Release Author = Christophe Barriere-Varju

Industry = Human Resources

Press Release Summary = Targeted Matches Between Job Seeker Skills and Company
Requirements Set to Increase Interview Success Rate and Reduce Employee Turnover


Press Release Body = Sydney - NSW, Feb 27, 2007 - myNetwork.net.au
(www.myNetwork.net.au), a division of BvW Global (www.BvWGlobal.com), is set to take
on the dominant market players by providing Companies free job advertisements and
shorter Advertising-to-Successful Job Offer recruitment cycle.

Australian owned and based, myNetwork.net.au has launched its Online Job Agency.
Built and operated by BvW Global, myNetwork.net.au dedicates its approach to
satisfaction to both job seekers and companies by offering a system that create
better matches between candidates skills and employers job requirements.

"There are a lot of frustration in the market with companies receiving candidate
applications that do not match the job requirements. This is either caused by
candidates applying for jobs with limited knowledge of the expectations, or
candidates are being put forward by junior recruiters lacking the technical skills
to comprehend what a company requires in terms of team dynamic, skills, process
impact, culture; and matching those to the 'actual' candidate skills - there is much
more than matching key words.

Unfortunately, the way that recruiters are remunerated often favours completing a
transaction as opposed to establishing a lasting relationship between en employee
and a company. As a result, the expectation levels are not met at both ends. This
ultimately impacts the companies' profitability by not having the resource to
perform the required activities at the required levels.

There are equally frustrations on the candidates that perform a job that was not
really expected, either the expectation are too high, or they are too low, which
will ultimately leads to that person looking for another job somewhere else" BvW
Global Managing Director Christophe Barriere-Varju mentions.

While BvW Resourcing (a division of BvW Global) provides individualised recruitment
service and skills consulting based on business process requirements,
myNetwork.net.au is a DIY service that has two levels.

There is a completely free service where companies and recruiters no longer have to
purchase advertisement space in the vicinity of $120 to $170 per ad or much more in
the case of Newspaper advertising. MyNetwork.net.au provides this service FREE of
charge.

This for example cost 100s of thousand of dollars to Recruitment companies. They do
receive a lot of CVs, but "quantity is not spelled like quality" jokes
Barriere-Varju. In turn, companies are charged a recruiting fee industry rate of
between 12-20% to search for potential matches.

Much like the major online market players, companies/recruiters receive confidential
candidates profile in their inbox, and job seekers receive potential job openings
that might be of interest. However, the differentiator is in the "private network
and relationship being developed by creating a filtering mechanism to avoid a dump
of CVs." says Barriere-Varju.

The second level of myNetwork.net.au is a fee-based skills matching. Currently set
at an introductory rate of AUD$25 for both advertisers and job seekers, this is in
fact a small price to pay to avoid a lot of frustration and potential long-term job
dissatisfaction.

"What we have developed is an intricate and very specific set of skill matrices
based on individual job function - the skill matrices go down to the root activities
of a business process one must perform," states Barriere-Varju. For instance,
working in Finance will have different meanings for different companies, all having
different skills requirements. Instead of receiving a CV that states knowledge and
experience in Finance, both companies and job seekers fill up a skills matrix. Our
system then matches them up and electronically emails a matching level with what a
company requires against what the candidate offers.

The company or the job seeker can decide to action and initiate the beginning of
that 'recruitment cycle'. This is a DIY approach that benefit both
companies/recruiters and job seekers by only matching what can 'actually match.'

Finally, Barriere-Varju states that "the organisational puzzle must show a picture
that is pleasant to look at, and that is efficient in terms of performance; and not
having bits and pieces that makes us wonder how a company can successfully compete
in the market. This will ultimately lead to dissatisfaction on both end, and break
the relationship between an employer and an employee. We all remember working for
that great boss, and having fun at work. That is what myNetwork.net.au will help you
achieve."

.::END::.

Note to editors: For additional media content please contact
Christophe Barriere-Varju
BvW Global
+61 (0) 403 444 101
info@mynetwork.net.au


Web Site = http://www.mynetwork.net.au

Contact Details = Note to editors: For additional media content please contact
Christophe Barriere-Varju
BvW Global
+61 (0) 403 444 101
info@mynetwork.net.au