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Maximize Online Recruitment to Grow Your Business August 2, 2006 David Wright Vice President and General Manager Monster Market

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Presentation on theme: "Maximize Online Recruitment to Grow Your Business August 2, 2006 David Wright Vice President and General Manager Monster Market"— Presentation transcript:

1 Maximize Online Recruitment to Grow Your Business August 2, 2006 David Wright Vice President and General Manager Monster Market http://info.monster.com

2 A Paradigm Shift  For years, job seekers were either –“active”  looking to change jobs in the near future –“passive”  happy in the current role and not looking for a job  The Internet has changed this paradigm, creating a new category of job seeker –“actively passive”  may not change jobs in next few months, but they: Monitor what jobs are available Post their resume online and let employers come to them Know if current salary is competitive to the market Job agents allow them to decide whether to respond  The White Collar to Blue Collar Shift –Traditional blue collar jobs moving online –10% of jobs on Monster are skilled & hourly positions

3 Maximize Your Online Recruiting Success  Look for the best Return on Investment (ROI) –Compare the price of job posting resources  Get Smart –Research hiring and recruiting trends to pinpoint strategies and avoid mistakes  Define Your Target –Broad or targeted reach?  Average Cost Per Hire by Recruiting Source –Online is the most cost-effective recruiting method  Automate to Save Time –Online recruiting can reduce the administrative time for small business  Maintain an ongoing hiring plan –To keep your business running smoothly, it’s important to keep recruiting channels open *Source: comScore Media Metrix, 2006

4 A Better Way to Hire  Streamline your hiring and put quality resources to work  Get the tools you need to pinpoint the best candidates for your company  ROI is measurable through reduced recruiter and hiring manager time, increased productivity, and decreased turnover

5 To learn more, please visit the Monster booth Thank You! http://info.monster.com


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