Monster and Adicio Form Strategic Recruitment Services Alliance
Relationship Enables Adicio to Offer Monster's Industry-Leading
Recruitment Services to 250+ Media Partners Nationwide
Monster, the leading global online careers and recruitment resource and flagship brand of Monster Worldwide, Inc. (NASDAQ: MNST), and
Adicio Inc., the leading provider of interactive classified advertising software for media companies, announced an alliance to facilitate access to Monster recruitment services. Through the alliance, Adicio's 250+ clients will be able to utilize Monster's industry-leading tools and resources in ways that best suit their respective needs. In addition, Adicio will provide backend technology support and data conversion for media companies choosing to align with Monster for recruitment services.
"Today's announcement represents a tremendous opportunity to increase Monster's localized points of distribution across the country - which is a key component of our strategy to drive market share, particularly among the small and medium-sized business segment," said Doug Klinger, president, Monster North America. "Local media companies, and technology companies like Adicio, are choosing to work with Monster because of our high brand awareness; the quality and depth of our products and services; and our ability to attract quality job seekers."
Adicio clients may elect to engage in a full co-branded partnership with Monster to leverage Monster's brand recognition, national reach and leading search and match technology. Alternatively, Adicio media partners can offer advertisers the option of posting particular jobs on Monster from the Adicio Careers platform - for national reach and greater local exposure - and can provide seekers the opportunity to expand their search to see the matches Monster provides.
As part of the deal, Monster customers will be able to purchase print advertising from Adicio media partners later this year via Monster's new "click to print" service - where online ads can be easily transformed into print.
"Aligning with Monster allows us to offer our clients industry-leading solutions that help them best serve their audiences and continue to be competitive in the changing recruitment landscape," said Rick Miller, president and CEO, Adicio. "Monster creates win-win situations with its media partners, enabling them to leverage Monster's brand recognition and national reach while offering the greatest value to job seekers and employers."
Moving forward, Adicio will handle the technology integration for media companies choosing to work with Monster to ensure seamless transitions for employers and job seekers. Adicio will coordinate implementation and integration, including data conversion of resumes, employer accounts and job seeker agents. Adicio will also provide phone and online technical support, training assistance and other services, including job wrapping, in support of Monster's media alliances.
About Monster Worldwide
Monster Worldwide, Inc. (NASDAQ: MNST), parent company of Monster(R), the premier global online employment solution for more than a decade, strives to bring people together to advance their lives. With a local presence in key markets in North America, Europe, and Asia, Monster works for everyone by connecting employers with quality job seekers at all levels and by providing personalized career advice to consumers globally. Through online media sites and services, Monster delivers vast, highly targeted audiences to advertisers. Monster Worldwide is a member of the S&P 500 Index and the NASDAQ 100. To learn more about Monster's industry-leading products and services, visit www.monster.com. More information about Monster Worldwide is available at www.monsterworldwide.com.
About Adicio, Inc.
Adicio develops interactive classified advertising software solutions for the careers, real estate, and motors markets, which serve the Internet's leading media companies and web portals. With its award-winning technology and enterprise-class software platforms, domain expertise, and customer service, Adicio delivers a private-label application that is seamlessly integrated within online classified advertising offerings, enabling organizations to build and manage the largest, most valuable, and highest-quality communities of buyers and sellers.
Special Note: Safe Harbor Statement Under the Private Securities Litigation Reform Act of 1995: Except for historical information contained herein, the statements made in this release constitute forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Such forward-looking statements involve certain risks and uncertainties, including statements regarding Monster Worldwide, Inc.'s strategic direction, prospects and future results. Certain factors, including factors outside of Monster Worldwide's control, may cause actual results to differ materially from those contained in the forward- looking statements, including economic and other conditions in the markets in which Monster Worldwide operates, risks associated with acquisitions, competition, seasonality and the other risks discussed in Monster Worldwide's Form 10-K/A and other filings made with the Securities and Exchange Commission.
CONTACTS: Monster
Danielle Perry, 978-461-8366
danielle.perry @ monster.com
Weber Shandwick for Monster
Andy Rohr, 617-520-7030
arohr @ webershandwick.com
Adicio Inc.
Beth Brody, 609-397-3737
beth @ brodypr.com
Survey Says:
Employers Report Internships Lead to Full-Time Hires; Recent Poll by CareerExposure.com Finds 94 Percent of Employers Offer Full-Time Positions to Interns
Internship programs are proving to be a "win-win" situation for employers, according to a recent poll by CareerExposure.com. Over 90 percent of interns reported receiving an offer for a full-time position within the organization following their internship.
"Internships are the ideal interview tool," said JillXan Donnelly, president of CareerExposure.com. "Employers have the opportunity to evaluate potential new hires and determine if the candidate is a good fit for the organization. At the same time, interns can use the experience to make great contacts, challenge their thinking outside of the classroom and evaluate a company. The survey results point to internships as a 'must do' for employers and job candidates."
The poll equally attracted women and men, who offered their perspectives on the essential career skills developed during their internship experience. More than 95 percent of the respondents polled stated that their internship helped to accelerate their career, as it provided an opportunity to obtain relevant work experience and make connections in their industry of choice.
Respondents overwhelmingly agreed that internships provide real-world experience regarding a respective industry and/or organization, allowing interns and employers to determine a fit prior to making an official commitment. Interns have the opportunity to differentiate themselves from the pool of recent college graduates seeking employment, while organizations can incorporate new ideas interns contribute based on their recent learning.
Interns who responded to the survey offered their advice to employers on creating the perfect internship. Their top three tips include:
1. Connect interns with mentors: Make sure that every intern has a specific contact within the company to help them successfully navigate the corporation quickly and effectively. Remember, interns are only at the company for a short time.
2. Be clear on expectations: From day one, make sure the interns know what is expected of them during the internship and how they fit into your organization. And, as the internship comes to an end, take the time to debrief them so you both know if they met the mark.
3. Make the most of the internship: Keep in mind that an internship should benefit your organization, as well as the career development of the intern. Assign meaningful projects that allow the intern an opportunity to make a contribution and offer up a fresh perspective to provide a greater benefit to your organization.
Additional resources to enhance recruiting initiatives can be found at http://CareerExposure.com, providing employers with the latest tools they need to manage the recruiting and hiring lifecycle.
About The Career Exposure Network
The Career Exposure Network is an e-Recruiting network of premier niche sites that has been helping Fortune 1000 employers find top quality Women, Diversity & MBA candidates since 1996. Sites include: CareerWomen.com, DiversitySearch.com, MBACareers.com and CareerExposure.com. The Career Exposure Network™ optimizes the employment process to match successful top employers with the best-targeted candidates.
Lisa MacKenzie
lisam@mackenzie-marketing.com
503-225-0725
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