Looking for a job? Try Facebook Now

Internet jobs site CareerBuilder.com is teaming up with Facebook to help clients run job recruiting campaigns within the online social network, the two companies said.

If you are keen to work on Social Media site Facebook, then carry on with Facebook.
As job site CareerBuilder.com is tying up with Facebook to help clients run job recruiting campaigns within complete online social media network.

Beautifully created and designed ads will promote CareerBuilder and employers' sections within Facebook, with the goal of attracting potential hires who may be hard with general media like newspapers and other classified ads.

Facebook, a well known social media site was founded in Silicon Valley in 2004. However this site was for Harvard University students but spread quickly to other colleges as well as at work places too.

Targeted ads will appear on the side of Facebook and on its user’s pages among their network of friends. Clicking on these ads will take users to CareerBuilder.com

According to Richard Castellini who is Vice President of CarrerBuilder, CarrerBuilder is spending a lot of money to promote on the Facebook and its network, and then they’ll have the ability to resell certain units to continue that promotion for their clients.

Facebook and CarrerBuilder refused to specify the value of this non-exclusive deal, which initially will focus on US market. CareerBuilder is owned by newspaper publishers McClatchy Co, Gannett Co Inc and Tribune Co.

Using the site (http://www.facebook.com/careerbuilder), advertisers will be better able to target their search for job candidates, Castellini said.
For example, an engineering firm may be able to target college seniors who are about to earn degrees in engineering or a hospital recruiter might find Facebook users who are nurses.

Facebook declined to comment on whether it was considering a similar deal with Monster.com also.

”The only relationship we have in place with only Career Builder,” said Mike Murphy,
Vice president of media sales of Facebook. User’s privacy will be on priority.
“We are not inserting anything in anyone’s profile. We are just having them run advertising using Facebook ads to prospective employee and have them choose to participate or not,” Murphy said.


Facebook is the web’s fifth most-trafficked site with 67 million active users worldwide. In USA, 85 percent of college student attending four year colleges, have been registered.
Microsoft Corp, an investor in Facebook provides advertising networks for Facebook.

Your Credit Card - Beware, before you swipe it.

What is the worst thing to do with your credit card? Use it to withdraw cash from the ATM, says a financial expert.

In your monthly credit card statement, there is a mention of cash limit. That is the extent to which one could withdraw cash using a credit card. But the googly is the interest rates. It’s actually a very expensive proposition to withdraw cash as the interest rates on such withdrawals fall in the range of 40 per cent on an annual basis.

Usually, the credit card company mentions the interest rate as a percentage per month which typically varies from 2.7-2.85 per cent per month. And since this interest is compounded monthly, the effective annual rate of interest tends to be anywhere from 38 to 40 per cent per annum.

Essentially, credit card companies charge the same interest rates for cash withdrawals made through credit cards and for rolling over credit card balances. But if one pays the entire amount on due date, one gets around 30-45 days of interest free credit.

But what is important to know is that the rule doesn’t apply in case of cash withdrawals; the credit card company levies the interest rate the moment you withdraw the cash.

Cash withdrawals can also attract an additional withdrawal fee. This charge falls in the range of 3-3.5 per cent of the withdrawn amount. That will be added along with the interest rate to your bill. Therefore, unless you have emergency needs, do not withdraw cash on your credit card. The better option though is to go for a personal loan.

RL Prasad, general manager and head of cards and personal loans at Standard Chartered Bank, says “You should look at this option as the last resort. If it’s a planned expenditure and you don’t have sufficient liquidity then a personal loan is be a viable option.