Ford and Federated Department Stores Team with Monster for Diversity Recruitment Solutions
MAYNARD, Mass.--(BUSINESS WIRE)--July 9, 2003-- Monster(R), the leading global online careers property and flagship brand of Monster Worldwide Inc. (NASDAQ: MNST), today announced recruitment agreements with Ford Motor Company and Federated Department Stores, Inc. (NYSE:FD)(PCX:FD). As part of these extensive recruiting relationships, the companies will be able to target, reach and access a diverse pool of qualified candidates on Monster's Diversity and Inclusion community (http://diversity.monster.com).
Last week, Monster announced the launch of the Diversity and Inclusion community, which is part of an exclusive online career partnership relationship with the National Association for the Advancement of Colored People (NAACP), the nation's oldest and largest civil rights organization. Monster Diversity and Inclusion is a new community that connects diverse job seekers with employers who are looking to recruit a more diverse workforce.
"Since 1914, when Henry Ford paid all workers $5 a day regardless of ethnic background, Ford Motor Company has embraced diversity as good business sense. When your employees have equal opportunity, they're motivated to do their best work!" said Barbara Bowen, Manager, North America Recruiting External Relations, Ford Motor Company.
"By teaming up with Monster to increase the reach of Federated's branded recruiting portal -- http://www.retailology.com/-- we are building a more diverse talent pool of qualified applicants for the hundreds of open positions we are seeking to fill at any given time. The Profiles of Success section of Retailology demonstrates to applicants the breadth of career path opportunities available in a leading retailer such as Federated," said Susan Burns, Director, Employment Initiatives & College Relations for Federated. "Monster's Diversity and Inclusion community will help to ensure the excellent career opportunities offered by Federated are exposed to a broad and inclusive audience. This is how our stores and operations appropriately reflect the diverse marketplace of shoppers we serve."
"Through the new recruiting relationships, we believe Ford Motor Company and Federated Department Stores will be able to enhance the quality of their workforce through Monster's Diversity and Inclusion community," said Steve Pogorzelski, president of Monster, North America. "Additionally, diverse job seekers will gain tremendous opportunities by having access to quality job offerings from two of the nation's leading companies in their industries. We are excited to work with these companies and further expand the offerings of the Diversity and Inclusion community."
Monster Diversity and Inclusion
Monster's Diversity and Inclusion community provides job seekers a wide range of career offerings, including useful links, career advice articles, profiles of diversity advocates and professionals, newsletters, moderated message boards on wide-ranging diversity topics and issues, and interactive tools and services focused on each of the nine different Diversity and Inclusion categories. In addition, Monster's Diversity and Inclusion community is also offered to job seekers on an expansive network of alliance partner websites, providing greater access for qualified job seekers and a broader reach for employers who post jobs. The Diversity and Inclusion Network includes Diversity and Inclusion online channels on AOL, MSN, NAACP, as well as eleven other organizations, including: BET, Gaywork, Hispanic Online, Hispanic Today, and Women in Business and Industry. The list of alliances can be viewed at http://diversity.monster.com/articles/alliances/.
Monster, headquartered in Maynard, Mass., is the leading global careers website, recording over 49.3 million unique visits during the month of May 2003 according to independent research conducted by I/PRO. Monster connects the most progressive companies with the most qualified career-minded individuals, offering innovative technology and superior services that give them more control over the recruiting process. The Monster global network consists of local content and language sites in the United States, United Kingdom, Australia, Canada, the Netherlands, Belgium, New Zealand, Singapore, Hong Kong, France, Scotland, Germany, Ireland, Spain, Luxembourg, India, Italy, Sweden, Norway, Denmark, Switzerland, and Finland. Monster is the official online career management services sponsor of the 2002 Olympic Winter Games and 2002 and 2004 U.S. Olympic Teams. More information about Monster is available at www.monster.com or by calling 1-800-MONSTER.
About Monster Worldwide
Founded in 1967, Monster Worldwide, Inc. (formerly TMP Worldwide Inc.) is the online recruitment leader and the parent company of Monster, the leading global careers website. Headquartered in New York with approximately 4,500 employees in 19 countries, Monster Worldwide is also the world's largest Recruitment Advertising agency network, the world's largest Yellow Pages advertising agency and a provider of direct marketing services. The Company's clients include more than 90 of the FORTUNE 100 and more than 490 of the FORTUNE 500 companies. Monster Worldwide (NASDAQ: MNST - News) is a member of the S&P 500 Index. More information about Monster Worldwide is available at www.monsterworldwide.com.
About Ford Motor Company
Ford Motor Company (NYSE: F) is the world's second-largest automaker with approximately 350,000 employees and operations in more than 200 markets on six continents. Its automotive brands include Aston Martin, Ford, Jaguar, Land Rover, Lincoln, Mazda, Mercury and Volvo. Its automotive-related services include Ford Credit, Hertz and Quality Care. The company's world headquarters is in Dearborn, Mich. Ford Motor Company observed its 100th anniversary on June 16, 2003. Additional information can be found on the company's Web site at www.ford.com
About Federated Department Stores, Inc.
Federated, with corporate offices in Cincinnati and New York, is one of the nation's leading department store retailers, with annual sales of more than $15.4 billion. Federated operates approximately 450 stores in 34 states, Guam and Puerto Rico, under the names of Macy's, Bloomingdale's, The Bon Marche, Burdines, Goldsmith's, Lazarus and Rich's-Macy's. The company also operates macys.com and Bloomingdale's By Mail.
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 the company's strategic direction, prospects and future results. Certain factors, including factors outside of our 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 we operate, risks associated with acquisitions, competition, seasonality and the other risks discussed in our Form 10-K and our other filings made with the Securities and Exchange Commission, which discussions are incorporated in this release by reference.
Kevin Mullins, 978/461-8751