TMP Launches Monster.com, Online Career Network

Posted on January 12, 1999

TMP Worldwide has announced that the company has merged its top-rated online recruitment properties, The Monster Board and Online Career Center, creating Monster.com, a global online network for careers. The merger of the sites reflects TMP's ongoing strategy to dominate the online careers marketspace.

The new Monster.com blends the best features and services of The Monster Board and Online Career Center sites. In addition, the new Monster.com features new services for career-minded individuals to better manage their careers and for recruiters to find qualified employees. For job seekers, Monster.com now offers personalization, enhanced resume-building and privacy options and career content, and for recruiters provides real-time recruiting and resume screening capabilities.

Today, Monster.com offers 145,000 unique job opportunities from thousands of companies, a resume database containing more than 1 million unique resumes, and attracts millions of visitors per month. The Monster.com network spans the globe with local content and language sites in Canada, the United Kingdom, Netherlands, Australia, and has imminent launch plans in France, Germany and Belgium.

"The careers area is proving to be the new `killer' category on the Web," said Jeff Taylor, CEO of Monster.com and founder of The Monster Board. "With today's launch of Monster.com, we continue to lead the careers space by providing innovative tools and services that are changing the way people manage careers."

According to Forrester Reseach, Inc., employment is emerging as the leading and fastest-growing category in the online classifieds marketspace -- ahead of the much-lauded categories of automobiles and real estate. Forrester predicts spending on online recruitment advertising will grow from $105 million in 1998 to $1.7 billion by 2003. By then, the company expects 100 percent of large, 60 percent of medium-sized, and 20 percent of small companies will be running recruitment advertising online, adding fuel to online advertising revenues.