The Business of Getting People Back to Work
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We’re highlighting small businesses from around the country as nominated by you, our readers. If your favorite small business is using Twitter to communicate with customers, let us know about it @fbsmallbiz with the hashtag #mysbc, and it may be featured as an upcoming Small Business of the Day.
Small Business of the Day: Careerminds
Who: President Raymond Lee and COO Justin Shakelman @careerminds
What: A virtual outplacement company
When: 2007
How: Lee had worked in human resources for about 18 years prior to starting Careerminds. When the economy shifted, he saw the opportunity to offer outplacement to businesses in a more web-based approach.
"The model is very rich with benefits," Lee said. "Our product is all web-based and virtual, and all coaching and career consulting is done over the phone. Users also have access online to our career management system."
Careerminds works with mid-sized companies to Fortune 500s at 30% to 70% lower cost, due to its web model, Shakelman claimed.
Where: Newark, Del.
In his own words: "We are placing about 50% faster than the national average of 40 weeks [of unemployment]. "We get people back to work in about 17 weeks."
To view more Small Businesses of the Day, click our interactive map.