Monster.com Promises to Revolutionize Online Recruiting on 01-10-09 4 Comments

01-10-09:  The countdown has begun.

After 14 years since its’ inception, Monster.com is announcing plans to change the rules with online recruiting.

The company has stated, “We are reinventing the Monster Seeker and Employer experience, using patent-pending technologies to create new, never-before-seen products and services.”

During the company’s Q2 financial earnings call, Monster.com CEO Sal Iannuzzi announced plans to revamp the site.  Since then, Monster has also completed the acquisition of China HR in a move to bolster its’ global presence. In the most recent Q3 financial earnings call last week, Iannuzzi stated, “We are very confident in the company’s long-term potential.”

So, what big changes are in store for 01-10-09? Monster is calling it a whole new experience. 

For candidates, Monster claims it is creating a user-centric experience. Specifically:

  • Creating an easier process for candidates to post resumes and search jobs, including 50% less time  required to sign up on the job site
  • Launching new applications that will transform Monster.com from a job board to a true career resource.  The new Career Management applications will enable Seekers to research alternative career opportunities, empowering them with valuable knowledge about their current careers, related positions, and potential next steps.
  • Explore new career paths of interest, illuminating the different avenues they can take to reach their goals and make informed decisions about how to get there.
  • Candidates can benchmark themselves with others in the market

For Employers and Recruiters, the overhaul is positioned as a way for the site to provide you with more possible candidates—and better ways to reach them.  In addition to:

  • Helping you achieve the biggest return on investment for your recruiting budget.
  • New products and services to showcase your company and build brand awareness among both active and passive Seekers.
  • Gaining valuable insights into what is important to Seekers, so you can tailor your postings to attract today’s top talent.
  • An all-new Employer experience that uses new techniques to provide you with a more intuitive and efficient recruiting process.
  • Innovative products, such as Monster Career Ad Network, give you the power to showcase your postings where Seekers live online.
  • A strategic and powerful approach to managing your human capital sourcing needs.
  • New tools and services that fit the way you recruit, making your life—and reaching your hiring goals—a bit easier.
  • Being the number one job resource for the best talent, from around the corner and across
    the globe.
  • Growing the audience it presents to you, including job seekers who aren’t actively looking for a job—until they see yours.

These are big promises from a site (and industry) that has frustrated both Candidates and Recruiters.  If the changes are anything close to how they have been positioned, they will be welcomed with open arms.

You decide, take the poll:

[poll id=”10″]

About Jason Buss

Talent HQ’s creator and editor is Recruiting & Diversity Leader, Jason Buss. Talent HQ is a premier online news and information channel for the Recruiting and Human Resources community.

Tags: , , , , , ,

http://tinyurl.com/bncr833
  • Posted on: Monday, November 3rd, 2008