profile updated Nov 10, 2008, 10:56 AM
Monster Worldwide operates what may be the world's best known job board.
It has a presence in 38 countries under its own banner or via a local brand it acquired during a buying spree between 2003 and 2006. Today, its international sales generate a third of revenue and it’s the fastest growing part of the company. Monster is especially strong in Europe and in Asia. Monster India is one of the top two job sites there. In Korea, its JobKorea is the number one site by traffic, and in China it's 44.4% share of ChinaHR gives it a presence unrivaled by its international competitors. Its worldwide reach makes Monster an attractive vendor for international recruiters and multi-national companies.
Monster.com, the second most heavily trafficked career site in the world, offers recruiters a variety of job posting plans and services. Postings range from a single listing bought online with a credit card, to seven figure contracts with many of the Fortune 1000 companies, giving them unlimited job postings as well as multi-seat access to the site's multi-million resume database. From sample ads to extensive metrics and backend management tools, including an OFCCP audit history, Monster makes it easy for recruiters to post jobs, track results, and source candidates.
Alas, Monster also famously demonstrated the risks in job boards when phishers using recruiter passwords downloaded more than a million files of job-seeker information, including e-mail addresses, which they then used to send out official looking Monster emails to dupe the recipients into providing even more personal information or installing malware to capture it automatically. The incident in late summer 2007 capped a bad year for the company, which admitted backdating stock grants to top executives and had to reduce earnings going back to the 1990s by some $300 million. Its general counsel, Myron Olesnyckyj, pleaded guilty to option-related charges and agreed to cooperate with an investigation by the Justice Department. Its founder and former chairman and CEO Andrew McKelvey admitted participating in the backdating of grants as part of a plea deal with the federal prosecutors to defer the case against him. The unusual arrangement was prompted by McKelvey’s terminal cancer.
Monster.com practically invented online job searching, when it was launched in 1994. It was acquired by yellow page advertising company TMP the next year, which, after merging it with Online Career Center in 1999, began promoting it heavily with a provocative ad campaign that debuted during the Super Bowl. WIthin just a few years Monster.com had grown so large it dwarfed TMPs other units, which were sold off piecemeal until by 2006 the company was renamed Monster Worldwide.
Besides its international division, Monster also operates a number of ancillary businesses including a jobs site exclusively for college student (MonsterTrak), Making It Count (a college prep site for high schoolers and their parents), FastWeb (scholarship and financial aid site), Military.com (a content-focused portal for active and retired military) and Tickle (social networking and dating). All the sites include a careers site power by Monster.com. Monster's Government Solutions division manages the career site of the U.S. federal government and provides job board services to other government units. The company also offers career site hosting services.
News & Updates 
-
SilkRoad Technology Expands Alliance With Monster (www.prweb.com)
SilkRoad technology, provider of talent management solutions, is now offering real-time posting of jobs from the OpenHire recruiting management solution directly to Monster.com.
Additionally, Monster's advanced integration components will let organizations view available inventory in real-time without ever leaving OpenHire.
Sep 10, 2009, 11:24 AM -
Report Says Federal Agencies Have Need For 270,000 Workers (www.businesswire.com)
The Partnership for Public Service estimates that the federal government will need to fill more than 270,000 positions by 2012.
The estimate comes from a survey of 35 federal agencies representing nearly 99 percent of the federal workforce, which was released today in the report WHERE THE JOBS ARE 2009: Mission-Critical Opportunities for America.
The survey was funded by Monster Government Solutions and the AON Consulting.
Sep 3, 2009, 2:28 PM -
Monster Changes Media Agency (Reuters)
-
Congressman To Speak At Monster's Career Fair (company PR)
New York Congressman Ed Towns will speak at the Brooklyn edition of Monster's Keep America Working career fair tour on August 5.
In addition to Brooklyn, the tour stops in Vienna, Va., today, Whippany, N.J., on August 6 and Braintree, Mass. on August 7.
Aug 4, 2009, 3:36 PM -
New Monster.com Job Resource Center Offers Discounts And Special Offers For Job Seekers (Company PR)
Monster Worldwide has teamed with leading companies and organizations to offer discounts and free services for job seekers. The job board's new Job Resource Center offers free resume and business card printing at Office Depot, savings on Pfizer medicines for people without prescription coverage, travel discounts through partner JetBlue and more.
Jul 8, 2009, 1:32 PM -
Monster Employment Index Falls Slightly in May (Company PR)
The Monster Employment Index edged two points lower in May, as U.S. online recruitment activity eased slightly following a seasonal rise in April. Year-over-year, the Index was down 29 percent, a slight improvement from the previous month, indicating the rate of slowdown in the labor market may have stabilized. Jun 4, 2009, 11:44 AM -
Monster Names Sanjay Modi to Head India, Middle East and Southeast Asia Ops (www.businesswire.com)
Monster has named Sanjay Modi managing director for India, the Middle East and Southeast Asia. Prior to this assignment, he was the company’s head of sales, India.
Apr 24, 2009, 1:47 PM -
Monster Names Its NFL Fandemonium Director (businesswire)
Rainier “Onyx” Herrera has been picked as the “NFL Director of Fandemonium.” In a marketing promotion with the National Football League, Monster launched the search for the position at Super Bowl XLIII. Herrera was selected from among the 32 finalists interviewed for the role over two days last month at the NFL's New York headquarters.
Ironically, Herrera is from Hawaii, which has no NFL team, though the Pro Bowl was played in the island state for the last 29 years. Next year, it will be played in Miami.
Apr 24, 2009, 11:36 AM -
VisualCV Nominated For Best Employment Website in the 13th Annual Webby Awards (www.prweb.com)
VisualCV, Inc., the company reinventing the resume for the digital age, has been nominated by the International Academy of Digital Arts & Sciences for the best "Employment" website in the 13th Webby Awards.
Other nominees are: Monster, Bernard Hodes Group for the NYPD careers site, TSL Education for Tes Connect, and TheLadders.
Apr 17, 2009, 12:12 PM -
Monster Launches Contest to Find Nation’s Biggest Football Fan (BusinessWire)
Monster will launch a search during Super Bowl XLIII in an effort to identify, recognize and reward one of football’s biggest fans. Monster and the NFL have teamed to create the Department of Fandemonium (DOF) and Monster will launch a national contest providing fans the chance to apply to be the first ever Director of Fandemonium. The Director of Fandemonium will serve as goodwill ambassador for Monster and the NFL at several marquee events during the 2009 NFL season and also will receive a $100,000 signing bonus, courtesy of Monster. Jan 29, 2009, 11:34 AM
Submit a news story » | More news about Monster Worldwide, Inc. »
Products & Services
-
Job postings
Singly or in bulk. Can be targeted by geography or demographically by buying into one or more of the Monster Worldwide family of sites. Postings remain online for 60 days. Can be changed or ended early at buyer’s option. -
Resume sourcing
A variety of plans make resume access economical for even smaller employers. For them there’s a limited geography search. Larger employers with continuing hiring needs can buy search time limited by number of views and months. Even larger customers can negotiate deals.