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Monster.com is a Monster in the Job Search Engine Market

Monster.com is a Monster in the Job Search Engine Market

This according to the InternetStockBlog:

“Monster is the leader in a business that many, many companies are in and many more want to be. These set up into two classes of competitors. One class has money and traffic, the other class is desperate. Yahoo! (NASD:YHOO) is in the first class and has large online jobs operation. Watch for Google (NASD:GOOG) to get into this business and companies like Craigslist to expand their presence.

The second class of companies are the desperate ones, the newspapers. Careerbuilder.com, owned by Gannett (NYSE:GCI), Knight-Ridder (NYSE:KRI) and the Tribune Company (NYSE:TRB) is one of the larger job sites. Dow Jones (NYSE:DJ) and the New York Times (NYSE:NYT) are also in the business as are papers in the U.S. and abroad. These are companies with low stock prices primarily because Wall Street believes that the internet is destroying their businesses. They cannot afford to go gentle into the night.”

Do people really search the print papers for jobs anymore? I would imagine that with the fast pace of especially the technology world those jobs would be moot in about five minutes after being printed.

I’d also be interested to hear from Search Engine Journal readers about their use of Monster.com: have you found a job via Monster.com or do you know of anyone who has found a job using Monster.com? Leave your thoughts in the comments section below.

 Monster.com is a Monster in the Job Search Engine Market
Wendy Boswell is the Editor for About Web Search and part of the New York Times Company.
 Monster.com is a Monster in the Job Search Engine Market
 Monster.com is a Monster in the Job Search Engine Market

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13 thoughts on “Monster.com is a Monster in the Job Search Engine Market

  1. In short – inferior to CareerBuilder at this point.

    Monster used to be the first place I looked when applying for new jobs; however, CareerBuilder has far surpassed Monster in terms of job placement for me (my last 3 jobs are from CareerBuilder, each with salary increases of 10k+). I find too many spam postings (start your own home business, etc.) on Monster at this point and most of the technical jobs in my area (New York City/Long Island) are posted on CareerBuilder.

    To follow up this article, you shoudl find out what each site charges employers and recruiters for searching and posting jobs – that may shed some light on why one seems to be succeeding more than another.

  2. Not sure about your reasoning. Analysts issued warnings to investors in January about Monster stock b/c of the increased competition from CareerBuilder. CareerBuilder has more jobs and job seekers that Monster.

    To talk about Hagrin’s point, I think CareerBuilder’s exclusive partnership model, which places an employer’s job on over 800 sites (newspapers, aol, msn, usa today, etc.) allows employers to find the right job seekers and vice versa.

  3. I work for Monster.com. I found my job on Monster.com – it really works, and despite what people are saying, we have such brand recognition, not just locally but globally…no one can touch our reach.

    We are advertising like crazy right now as well – tv, radio, print. Currently we have over 62 million resumes in our database! And that candidate pool is constantly being added everyday, so something is working!

  4. I work for Career Builder………..I talk to people everyday about the differences between Monster and us……yeah Monster has 60 million + resumes in their database, but a majority of them are outdated……we have more job seekers (traffic), more jobs, etc. The only thing that Monster is beating us in, is revenue, I’ll that won’t be for long.

  5. I think you might be slightly confused. CareerBuilder brings value to the job seekers and to clients Because they are affiliated with newspapers nationwide, they provide the local listings and local feel but also the primo technology of a large company. I must say as a job seeker, CareerBuilder provides the environment and tools that can not be found on Monster or HotJobs, especially not requiring a posted resume to apply for a job; why did I work so hard on my resume when Monster won’t let me use it??

  6. I would like to comment about the guy that worked for Monster.com.I work at Careerbuilder.com and you are so jaded by upper management that keeps telling Monster employeed they are number one. If you look at metrix numbers…Careerbuilder.com has more unique visitors than Monster, Also, who cares how many resumes you have in your database. Most of America don’t want to post a resume on a website first because they don’t want there current employer to know their looking and second, they don’t want their personal information to be stolen. An employers best candidate will come from a job posting which is Careerbuilder.com’s model. Stop believing what your told and search into what is the truth. Research the numbers for yourself!

  7. For all of the recruiters that still use Monster.com…get off your lazy butts and try a real website out like Careerbuilder.com. The reason you are so apposed to using the #1 site for all of your recruitment is because your lazy and you are afraid you might actually have to earn the money your company pays you to source top talent. Stop living your life like a “Monster” and try something fun like a “Monkey”

  8. There was a time when jobseekers pored over the ” Recruitment / Hiring ” sections of newspapers, searching for suitable jobs, for hours-on-end.

    Then, with the arrival of internet , came job-portals, which were amongst the earliest websites.

    Whereas considerable refinements have taken place in respect of resume-posting and resume-searching, job-searches have largely remained the same – with the jobseekers having to spend an enormous amount of time online.

    I have tried to simplify and speed-up job-searches thru Magic Cube Job-Search on http://www.CustomizeResume.com

    No “ Rocket – Science “ this !

    Sooner than later, someone is bound to come-up with even better ” Geodesic Job – Search” which will have jobs listed on hundreds of faces against only 3 of Magic Cube – till someone cleverer makes job-search obsolete thru a personal job-search agent !

    Regards

    hemen parekh
    hcp@RecruitGuru.com
    Mumbai – India

    ________________________________________

  9. There was a time when jobseekers pored over the ” Recruitment / Hiring ” sections of newspapers, searching for suitable jobs, for hours-on-end.

    Then, with the arrival of internet , came job-portals, which were amongst the earliest websites.

    Whereas considerable refinements have taken place in respect of resume-posting and resume-searching, job-searches have largely remained the same – with the jobseekers having to spend an enormous amount of time online.

    I have tried to simplify and speed-up job-searches thru Magic Cube Job-Search on http://www.CustomizeResume.com

    No “ Rocket – Science “ this !

    Sooner than later, someone is bound to come-up with even better ” Geodesic Job – Search” which will have jobs listed on hundreds of faces against only 3 of Magic Cube – till someone cleverer makes job-search obsolete thru a personal job-search agent !

    Regards

    hemen parekh
    hcp@RecruitGuru.com
    Mumbai – India

    ________________________________________