Monster Launches National Account Suite to Ease Hiring Process for Franchise Businesses; Solution Meets Unique Needs Not Currently Being Addressed by the Major Online Recruitment Sites
MAYNARD, Mass.--(BUSINESS WIRE)--Nov. 16, 2006--Monster(R), the leading global online careers and recruitment resource and flagship brand of Monster Worldwide, Inc. (NASDAQ: MNST), today announced the availability of Monster National Account Suite, a customizable solution designed to help franchise and multi-unit businesses with high-volume hiring needs localize their recruiting approach.
The program's cornerstone product, Reserved Job Postings, allows managers to advertise their local-level service and sales positions by selecting a job title from a pre-created library of customized titles and descriptions, enabling them to post jobs instantly and proactively build an applicant pipeline.
"We have had great success using Monster's products and services to source quality candidates in the past," said Brian Berry, director, talent acquisitions for The Scotts Miracle-Gro Company. "The introduction of Monster National Account Suite builds upon the value we already receive because it will save our location managers a significant amount of time by offering them pre-created job postings and providing the flexibility to use Monster's products and services immediately, at any time."
"Monster continues to respond to our customers' needs and expand our product line to offer a more complete online recruitment resource," said Mike Madden, senior vice president of product, Monster. "National Account Suite was born out of the perspective we gained working with both the corporate offices of companies with multiple locations as well as their local-area franchises. This solution was designed to offer the usability, pricing model and support to help these companies succeed at all levels."
Monster National Account Suite allows local managers to utilize pre-created job titles and descriptions developed with the guidance of the location's corporate office and post them from within their Monster.com account or by contacting a dedicated Monster service team at any time. As recruitment is typically projected to account for only 10 percent of a location manager's job, ready-to-go job postings free up time that can be refocused on other operational activities. In addition, because dispersed locations may have different cultures or unique needs, these pre-selected postings are customizable while providing consistent, unified branding elements. These positions can also be automatically posted to FastWeb, Monster's site for high-school and university students seeking part-time work.
Monster National Account Suite also features three industry-specific products designed to meet the needs of select small and medium size businesses that face similar issues maintaining a robust talent pipeline. They include automotive dealerships, mortgage companies and real estate offices.
Monster National Account Suite is available immediately. For more information, contact 1-800-MONSTER, extension 2800.
About Monster Worldwide
Founded in 1967, Monster Worldwide, Inc. is the parent company of Monster(R), the leading global online careers and recruitment resource. Headquartered in New York with approximately 4,600 employees in 35 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(R) is the leading global online careers and recruitment resource. 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 34 local language and content sites in 32 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://info.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.CONTACT: Monster Contacts: Monster Steve Sylven, 978-461-8503 firstname.lastname@example.org or Weber Shandwick (For Monster) Andy Rohr, 617-520-7030 email@example.com SOURCE: Monster