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Monster India launches ‘Contract Jobs’ for Professional, Contractual and Temporary Hiring

  Monster India launches ‘Contract Jobs’ for Professional, Contractual and
  Temporary Hiring

Business Wire

MAYNARD, Mass. -- February 15, 2013

With increased recruitment activity in temporary and contractual jobs in the
India market, Monster^®, the worldwide leader in successfully connecting
people to job opportunities, and flagship brand of Monster Worldwide, Inc.
(NYSE: MWW), announced the launch of “Contract Jobs” in India. To meet the
needs of both employers and job seekers, Monster India introduced “Contract
Jobs” for professional, contractual and temporary hiring, allowing better
access to the broad pool of talent looking for contractual employment and
companies looking to hire contract and project workers respectively.

According to industry estimates, the Indian organized temporary staffing
industry is likely to employ nine million people by 2025 and is expected to
grow to represent 10% of the organized workforce by 2025.^1 Over the last
decade, the demand for temporary/contractual employees has gained momentum
especially in sectors like IT/ITeS, retail and other services sector, owing to
recruiter’s ability to respond quickly to volatile economic environment with
the least possible lead time.

“Contract Jobs” is the most recent example of Monster helping employers and
job seekers “find better,” by connecting more efficiently and successfully
through innovative technology solutions, tools and services.

“As India’s rapid economic growth trajectory has caused the demand for talent
to outstrip the supply, contractual hiring has garnered greater acceptance
amidst the uncertain business environment,” said Sanjay Modi, Managing
Director, Monster.com (India/ Middle- East/ South East Asia). “Given the
buoyancy of contractual and project hiring in India, Monster India’s new
“Contract Jobs” has been launched to address the needs of career minded
professionals by providing them flexibility of tenure, learning on the job and
a bridge to full employment. This offering will also aid employers in building
their talent pipeline and meet their talent requirements by hiring
just-in-time”.

Key highlights of the new “Contract Jobs” site include:

  *Dedicated section for Contract Jobs with a tab on the home page of
    www.monsterindia.com
  *Professional Staffing
  *General Contractual Staffing
  *Specialized section under contract jobs for ‘Women on the go’: will target
    women who are looking for flexibility in part time/ project based/
    contractual employment
  *Specialized section under contract jobs for : ‘Career after Career’: Will
    target retired people who  are looking at pursuing careers after the
    retirement

With the increased pace of the economic growth in India and globalization of
workforce, contractual and project-based jobs act as a springboard to bring
experienced, skilled and qualified talent back to the workforce to fulfill
their career aspirations and pursue a wider variety of career options.

About Monster India

Monster India, one of India’s leading online career and recruitment resource,
works for everyone by connecting job seekers across industry verticals,
experience levels and geographies instantly with leading employers. Monster
India’s cutting edge Magic Search technology provides relevant profiles to
employers and relevant jobs to jobseekers.

Monster India started operations in 2001. Headquartered in Hyderabad, the
company has an established presence in 11 other cities of India viz., Mumbai,
Delhi, Bangalore, Chennai, Pune, Kolkata, Ahmadabad, Baroda, Chandigarh,
Jaipur and Cochin.

A recipient of the Best jobsite in India award for two years by an independent
jury appointed by PC World, Monster has also been awarded with the User’s
Choice Award 2008 by PC Quest. Monster’s initiative ‘Rozgarduniya.com’ - a job
portal exclusively for jobseekers in rural India, in collaboration with ITC
e-Choupal enables employers in corporate India to connect with rural talent,
thus removing the traditional barriers they face in this process.

Monster India partnered with DishTV to bring the first ever job search
“Monsterjobs Active” on TV. Convergence of the internet and TV medium made job
services easily accessible to TV viewers across all cities bridging the unmet
need of the audience for whom access to the internet is limited.

About Monster Worldwide

Monster Worldwide, Inc. (NYSE: MWW), parent company of Monster®, is the
worldwide leader in successfully connecting people to job opportunities. From
the web, to mobile, to social, Monster helps companies find people with
customized solutions using the world's most advanced technology to match the
right person to the right job. With a local presence in more than 40
countries, Monster connects employers with quality job seekers at all levels,
provides personalized career advice to consumers globally and delivers vast,
highly targeted audiences to advertisers. To learn more about Monster's
industry-leading products and services, visit http://www.monster.com. More
company information is available at http://about-monster.com.

^1
http://www.staffingindustry.com/eng/Research-Publications/Daily-News/India-Flexible-workforce-to-grow-rapidly

Contact:

Monster Worldwide
Kathy O’Reilly, 978-823-2002
kathy.oreilly@monster.com
 
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