"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