'Net Features : monster

Monster Brings Semantic Search for Talent Matching

Pete Prestipino — Thu, 21 Jul 2011 19:10:00 GMT

Job search and "matching" engine Monster.com announced the launch of SeeMore, a cloud-based semantic search and analytics platform for managing resume databases.

"Our philosophy on innovation is simple - we focus on products and solutions that deliver breakthrough technology to address a real market need. SeeMore(TM) is no exception. It solves a complex problem that many employers are facing -- not having strategic visibility into their internal and external talent pools because they are using a range of technologies in an increasingly fragmented recruiting environment," said Darko Dejanovic, EVP, Global CIO and Head of Product for Monster Worldwide.

The SeeMore platform allows companies to search recruitment information to identify, access and match up appropriate talent with available positions. The platform enables HR to score and compare candidates, and mine current employee population to understand talent needs among other features. Minimizing manual reviewing and screening of resumes could lead to lowering cost-per-hire costs.

As you might expect, the performance of HR professionals is judged by how they measure processes and provide metrics in regards to talent management. "Despite continued high levels of unemployment, shortages of key skills remains the top talent acquisition pressure among organizations," said Mollie Lombardi, Research Director, Human Capital Management at Aberdeen Group. "Talent is critical to power business performance, so the ability to better find, manage and move candidates through the hiring process will be a true differentiator for top performing companies."

Career Networking on Facebook

Administrator — Mon, 27 Jun 2011 19:00:00 GMT

For years LinkedIn was the only game in town when it came to career and professional networking but job board Monster.com just announced its intent to become more social and its using Facebook to get there.

Monster.com is launching a networking platform called BeKnown on Facebook, which will enable FB users to make their professional connections distinct from their personal relationships.

Through the application Facebook users will be able to invite contacts from other social networks to expand their BeKnown network beyond their existing Facebook friends. They will also be able to import their Monster profile to BeKnown and search for jobs from within the app, as well as make recommendations.

Next month, Monster will also launch its social referral program, where BeKnown users will receive cash rewards for referring their professional contacts to particular jobs. According to reports, employers will also be able to claim and manage a profile in BeKnown, which users will then be able to follow, and be alerted to new job opportunities as they become available.

Monster is not the only vendor looking to make a mark in the career networking space on Facebook. BranchOut, another player in the space, has also been generating a lot of attention recently and is definitely one to check out.

Monster No Longer the No. 1 Jobs Site? Indeed

Linc Wonham — Fri, 19 Nov 2010 16:54:00 GMT

Job search engine Indeed.com officially became the largest jobs site in the U.S. by passing longtime leader Monster.com in October, according to the latest data from comScore.

A total of 12.3 million users visited Indeed in October, a monthly increase of 19.6 percent. Monster had 12.1 million visitors while CareerBuilder was third with 11.3 million. The numbers, however, reflect the sites’ main jobs sites only and not their entire networks – in which case larger properties Monster and CareerBuilder would still have the edge.

But Indeed has steadily built Web traffic by adding nearly one million new jobs to its index each week, and it could very well become the consistently popular choice for U.S. job-seekers. Indeed actually attracts more monthly pageviews devoted strictly to job searches than Monster, CareerBuilder and HotJobs combined, but the other sites offer additional content such as resume-building tips and career advice.

Monthly traffic to HotJobs, which was purchased by Monster from Yahoo! in early 2010, has fallen 67 percent in the past year.