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Monster Unveils New Seeker Experience

"New Monster" Raises Bar for Online Recruiting Globally - Redesigned Site Delivers Personal and Relevant Experience to Help Job Seekers Better Manage Career, Help Companies Find Most Qualified Talent

NEW YORK, Jan 12, 2009 (BUSINESS WIRE) -- Monster(R), the leading global online career and recruitment resource and flagship brand of Monster Worldwide, Inc. (NYSE: MWW), today unveiled its new global seeker experience. Launched in 24 countries, the new site offers job seekers an innovative, intuitive, and personal experience designed to deliver a fulfilling career management resource.

"Monster has made a significant investment in product and technology in an effort to design and develop new tools and applications that help job seekers manage their career," said Sal Iannuzzi, chairman, president and CEO of Monster Worldwide. "The result is an entirely new site experience which allows job seekers a more engaging and dynamic way to find the career that best matches their talent, background, aspirations and professional goals. We set out 18 months ago to deliver the best seeker experience possible. Given what is going on today with the global economic crisis and its effect on employment, we are even more gratified to be able to provide these valuable tools to seekers."

The new site will allow seekers to more efficiently register with Monster, upload and maintain their resumes, conduct job searches, and apply to jobs. In fact, it is now over 70 percent easier to upload a resume to Monster(1), and registered seekers can apply for a job in as few as two clicks. This improved functionality will roll out in 24 countries immediately. In addition, unique new career management applications have been designed to not only attract, but engage and appeal to both the active and passive seeker. Available initially in the U.S and rolling out to other countries in the coming months, these include:

-- Monster Career Mapping - patent-pending career exploration tool that leads people to explore their careers via many possible and interconnecting paths. This tool will provide an unrivaled ability for seekers to explore career paths taken by people similar to them in skills and experience, enabling them to set reality-based immediate and future career goals, and understand the steps to get there. Monster leveraged the depth of its resume database to analyze work histories to provide empirical evidence about the most commonly chosen career paths people take.

-- Monster Career Snapshots - a tool that allows users to access thousands of occupational profiles describing various roles, the skills required, the compensation and work/life balance associated with them. This tool will also provide the ability for users to share their similar careers and experience to provide a dynamic and deeper understanding for seekers.

-- Monster Career Benchmarking - assessment tool that helps candidates measure themselves against other individuals or jobs in their industry so they can compete more effectively for the positions they desire.

"The new Monster is a dynamic, interactive, intuitive destination experience - not a static, one-way job board," said Darko Dejanovic, executive vice president, global chief information officer and head of product, Monster. "Ultimately, these changes create a platform that will enable us to continue to introduce new and exciting functionality in the future. Similarly - and equally important - employers will benefit from increased candidate engagement and activity, and improved reach and presentation of their jobs to the right seekers."

In addition to Monster's new seeker capabilities yielding more qualified candidates, Monster's new Audience Sponsorship product leverages the new seeker experience by providing employers with increased exposure through expanded media solutions. The product allows employers to target desired seekers by advertising where relevant seekers are searching and navigating the site. Also benefitting employers, Monster has begun rolling out a new employer site experience designed to improve the overall recruitment process. New enhanced resume search, job and candidate management, job posting wizard and online resource center tools are designed to help employers increase productivity and maximize their recruitment return on investment.

"Today's 'new' Monster not only provides the resources to help people find a job now, it also helps people begin to identify and plot out career aspirations over time," said Iannuzzi. "We're delivering on our promise to make Monster a personal, relevant and exciting place to search for the perfect job. Simply put, there has never been a better time to visit Monster.com."

About Monster Worldwide

Monster Worldwide, Inc. (NYSE: MWW), parent company of Monster(R), the premier global online employment solution for more than a decade, strives to inspire people to improve their lives. With a local presence in key markets in North America, Europe, Asia and Latin America, Monster works for everyone by connecting employers with quality job seekers at all levels and by providing personalized career advice to consumers globally. Through online media sites and services, Monster delivers vast, highly targeted audiences to advertisers. Monster Worldwide is a member of the S&P 500. To learn more about Monster's industry-leading products and services, visit www.monster.com.

Special Note: Safe Harbor Statement Under the Private Securities Litigation Reform Act of 1995: Except for historical information contained herein, the statements made in this release constitute forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Such forward-looking statements involve certain risks and uncertainties, including statements regarding Monster Worldwide, Inc.'s strategic direction, prospects and future results. Certain factors, including factors outside of Monster Worldwide's control, may cause actual results to differ materially from those contained in the forward-looking statements, including economic and other conditions in the markets in which Monster Worldwide operates, risks associated with acquisitions, competition, seasonality and the other risks discussed in Monster Worldwide's Form 10-K and other filings made with the Securities and Exchange Commission, which discussions are incorporated in this release by reference.

(1) Internal Monster Data

SOURCE: Monster

Monster
Steve Sylven, 978-461-8503
steve.sylven@monster.com
or
Ketchum
Laura Ryan, 646-935-3970
laura.ryan@ketchum.com




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