Monster.com Begins 2001 on a Record Start; January Resumes up 51% over December 2000
Monster.com Reaches 12 Million Job Seeker Accounts Milestone; ChiefMonster Announced it Reached 100,000 Members
MAYNARD, Mass.--(BUSINESS WIRE)--Jan. 16, 2001--Monster(R).com, the flagship brand of TMP Worldwide (NASDAQ: "TMPW"; ASX: "TMP"), today announced that it received a record daily number of resume submissions in January: 36,646 resumes were submitted on Tuesday, January 9, 2001. The resume postings for the first 11 days in January 2001 are up 51% versus the first 11 days in December 2000. Accompanying the resume posting record, Monster.com also announced it reached the 12 million job seeker accounts milestone, as job seekers flock to the site to view from over 450,000 job postings.
December 2000 Media Metrix results confirm Monster.com's standing as the leading global online careers site with 53.8% of career eyeball minutes. According to independent research conducted by Media Metrix, Monster.com is the number one destination for career seekers with a power ranking(1) of 139.7 -- more than 4 times that of its closest competitor's power ranking of 34.9. Monster.com's power ranking is greater than that of its nine closest competitors combined. Monster.com achieved a reach of 4.9 percent, an average of 28.5 pages viewed per user, and 3.9 million monthly unique visitors for December 2000. December's traffic numbers for online career sites reflect the holiday season, while the month of January historically shows a marked increase in traffic, as evidenced by Monster.com's dramatic increase in resume postings.
As further proof of Monster.com's strength in the online careers industry for all levels of job seekers, ChiefMonster, the definitive career strategy resource for today's senior executive and an exclusive marketplace within the site, also announced it reached 100,000 members since its inception in September 2000.
"The month of January is always an exciting time for Monster.com, as we continue to lead the online career management industry with an astounding 36,000 resume submissions in one day. As a testament to the strength and depth of Monster.com's products and services, thousands of people from all levels are visiting Monster.com, making 2001 the year to get a better job and a better life," said Jeff Taylor, CEO of Monster.com. "We have kicked January off in high gear, beginning with several innovative marketing initiatives, including The Monster Show and a national radio tour. We close out the month debuting our new advertising campaign comprised of five new ads, two of which will have prominent placement during the Super Bowl."
With a resume database containing over 7.5 million resumes, Monster.com is redefining the way one manages a career. Monster.com has also recently unveiled Interview and Resume Centers as added features to the Monster Career Center. "The Interview Center" (http://interview.monster.com) contains several helpful features to assist the job seeker in preparing for a job interview, including the "Virtual Interview" function, where job seekers participate in practice interviews in preparation for the real thing. There are also tips and advice from Monster.com's Interview expert, as well as chats, articles, and an interview message board, where job seekers can interact with each other. "The Resume Center" (http://resume.monster.com) contains helpful advice and guidance on all aspects of preparing a resume, including articles on resume dilemmas, the do's and don'ts of the resume, electronic resumes, cover letters, and reference letters. There are also chats, a resume message board, and tips from Monster.com's Resume Expert.
Monster.com, headquartered in Maynard, Mass., is a leading global careers Web site, recording over 18.3 million unique visits during the month of November 2000 according to independent research conducted by I/PRO. Monster.com 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.com 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, Germany, Ireland, Spain, and Luxembourg. More information about Monster.com is available at www.monster.com or by calling 1-800-MONSTER. Monster.com is the flagship brand of the Interactive Division of TMP Worldwide Inc.
About TMP Worldwide
Founded in 1967, TMP Worldwide Inc., now with more than 8,750 employees in 31 countries, is the online recruitment leader, the world's largest Recruitment Advertising agency network, and one of the world's largest Executive Search and Executive Selection agencies. TMP Worldwide Inc., headquartered in New York, is also 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 480 of the Fortune 500 companies. More information about TMP Worldwide is available at www.tmp.com.
(1)'Power ranking,' which equals 'reach' multiplied by 'unique pages per visitor per month,' represents aggregate job seeker activity in a given month.
Special Note: The above statements include forward-looking statements based on current management expectations. Factors that could cause future results to differ from these expectations include the following: risks associated with acquisitions, competition and seasonality. Additional factors are described in the company's reports filed with the Securities and Exchange Commission.
--30--jb/bos*CONTACT: Monster.com Kevin Mullins 978-461-8751 firstname.lastname@example.org or The Weber Group Kelly Sullivan 617-520-7239 email@example.com