Includes Commitment to Monster Talent Market
MAYNARD, Mass. – August 23, 1999 – In an expanded foray into the online job market, Manpower Inc. (NYSE: MAN), one of the world's leading staffing services companies, has signed a deal in the high six figures with Monster.com for an expanded subscription program for North American recruiting. Monster.com, the leading global online career site, is ranked by Media Metrix as the 71st most visited of all Internet sites.
"We're excited to work with Manpower to give them what they need to compete in today's market," said Jeff Taylor, CEO of Monster.com. "I'm very pleased that Manpower continues to turn to us to help them gain access to the growing pool of talent looking for employment opportunities online. With our extensive reach and Manpower's career management expertise and training resources, it's a natural fit."
The deal, the largest ever for Monster.com, will allow Manpower to recruit for the majority of its jobs, including Manpower Technical – the fastest growing segment of Manpower – through listings on the Monster.com site. In addition, Manpower will use Monster.ca to recruit for positions in Canada. Manpower will also have access to the Monster.com resume database, enabling their recruiters to search Monster.com's 1.8 million resumes.
"The strength of the Internet connection that comes from this partnership will enable Manpower to provide more responsive service to our contractors and the customers who need their skills," said Jeffrey Jeorres, president and CEO of Manpower Inc. "Those professionals that join us will not only enjoy leading-edge assignments with world-class companies, but they will also have access to an unprecedented array of technical and professional development training delivered through our internet-based Global Learning Center."
Manpower is also making a major commitment to the Monster Talent Market, a marketplace within Monster.com where free agents (contractor, consultants, freelancers and micro-business owners) can market their skills directly to employers in an innovative auction-style environment. The new service, launched last month, has already attracted over 60,000 independent professionals.
Monster.com, headquartered in Maynard, Mass, is the leading global careers Web site with 8.1 million unique visits per month. 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 network consists of local content and language sites in the United States, United Kingdom, Australia, Canada, the Netherlands, Belgium and France.
Monster.com is the flagship brand of the Interactive Division of TMP Worldwide (NASDAQ: "TMPW"; ASX: "TMP"). Founded in 1967, TMP Worldwide, now with more than 5,700 employees in 25 countries, is the online recruitment leader, the world's largest recruitment advertising agency network, and one of the world's largest search and selection agencies. TMP Worldwide, headquartered in New York, is also the world's largest yellow page advertising agency and a provider of direct marketing services. The company's clients include more than 80 of the Fortune 100 and more than 400 of the Fortune 500 companies. More information about Monster.com is available at www.monster.com  or by calling 1-800-MONSTER.
About Manpower Inc.
Manpower Inc., headquartered in Milwaukee, Wis., provides staffing services through 3,200 offices located in 52 countries. More than 250,000 customers worldwide rely on the company's services, including virtually all of the Fortune 500. The company's operations include career management, temporary staffing, contract staffing, and the assessment and training of temporary, contract and permanent workers. Manpower's global network includes more than 200 technical centers that are dedicated to the fastest growing segment of Manpower's business: the assignment of information technology, engineering, scientific, accounting and telecommunications professionals. Manpower also places workers in office, production and customer service environments, and currently provides more than 500,00 call center and help desk agents each day to its customers worldwide.
Manpower recently launched the Global Learning Center, a model for delivering e-learning over the Web, which makes high-tech training available to technical professionals anytime and anywhere. Manpower's Global Learning Center is located at www.manpowernet .com .