Monster and Deploy Announce Premier Alliance to Streamline the Hiring Process for Companies with Large Hourly Workforces
NEWTON, Mass. & MAYNARD, Mass.--(BUSINESS WIRE)--April 4, 2006--Monster(R), the leading global online careers property and flagship brand of Monster Worldwide, Inc. (NASDAQ: MNST), and Deploy Solutions, Inc., a leader in talent management solutions, announced today a strategic alliance relationship to serve the hourly market. The companies will work collaboratively to help businesses with large hourly workforces streamline the hiring process to more quickly identify and hire quality job applicants.
According to market research conducted by Deploy, more than 90% of companies in the hourly hiring market view the increase of quality applicant flow as one of their top three hiring priorities. Companies with large hourly workforces face greater challenges with applicant flow, as many online job seekers may opt not to apply for a job when faced with a lengthy online application form on the company's web site. Furthermore, hiring managers within the hourly market place often have limited time to focus on human resources as they are also charged with overseeing daily operational activities. The integrated Monster-Deploy solution addresses this issue by pre-populating forms and simplifying the application process candidates and employers.
The combined Monster-Deploy solution will also enable hiring managers to easily activate predefined job postings right from the distributed locations. As a result, they will be able to quickly increase their applicant flow for positions that have high turnover or can be difficult to fill. Customers who utilize both Monster and Deploy will gain faster access to higher quality candidates, spend less time on recruiting and hiring and achieve a competitive advantage through more effective workforce management.
"Through this alliance, Monster and Deploy have an opportunity to help shape the way recruiting will be done within the hourly market," said Neal Bruce, Vice President of Alliances for Monster. "By improving the hiring process at the distributed location level, we can help these customers achieve a real competitive advantage; the time and effort historically invested in this endeavor can instead be redirected toward the management of day-to-day operations."
Nicole Stata, President and CEO of Deploy Solutions, stated, "We're honored to align with Monster to address the challenges that are faced by companies with hourly workforces. The Monster-Deploy solution will benefit our joint customers and make the application process easier for job candidates."
Industries that will benefit from this solution include: retail, restaurant, grocery, convenience store, hospitality, security, transportation & trucking, distribution and warehousing.
About Monster Worldwide
Founded in 1967, Monster Worldwide, Inc. is the parent company of Monster(R), the leading global online careers property. The company also owns TMP Worldwide, one of the world's largest Recruitment Advertising agency networks. Headquartered in New York with approximately 4,600 employees in 25 countries, Monster Worldwide (NASDAQ: MNST) is a member of the S&P 500 Index and NASDAQ 100. More information about Monster Worldwide is available at www.monsterworldwide.com.
Monster is the leading global online careers property. A division of Monster Worldwide, Monster works for everyone by connecting quality job seekers at all levels with leading employers across all industries. Founded in 1994 and headquartered in Maynard, Mass., Monster has 26 local language and content sites in 24 countries worldwide. More information is available at www.monster.com or by calling 1-800-MONSTER. To learn more about Monster's industry-leading employer products and services, please visit http://recruiter.monster.com.
About Deploy Solutions
Deploy Solutions, Inc. provides companies with a competitive advantage in the marketplace by optimizing performance in recruiting, hiring, and retaining top employees. The Deploy Enterprise Talent Suite(TM) is a proven solution that improves the quality and performance of the workforce, reduces the cost of talent acquisition, and supports regulatory compliance. The company draws upon flexible technology, deep domain experience, and a comprehensive approach to HR metrics and analytics to drive measurable results for its customers. Deploy provides talent management solutions to a diverse and prestigious list of customers, including: Sheetz, Six Flags, Wakefern (ShopRite Stores), Century Theaters, Hess, FedEx, Tire Kingdom, Advocate Healthcare, Prudential, Bristol-Myers Squibb, American Electric Power, and many more. For additional information, call 877-GO-DEPLOY (877-463-3756) or visit www.deploy.com.
Visit our Knowledge Center to download white papers and other research on Talent Management and Talent Optimization from leading authors such as Mel Kleiman, Dr. John Sullivan, Nick Burkholder, John Sumser, and others.
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.CONTACT: Monster Danielle Perry, 978-461-8366 firstname.lastname@example.org or Deploy Solutions Jenny Wendel, 617-641-2161 email@example.com SOURCE: Monster