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Monster, Randstad, and… What’s That About HRSmart?

Good To Know

If they really keep the Monster brand intact, it's going to be tough long-term (and I don't see them doing that). Career Boards Economy Futurism HireClix HR HR Tech HRTech Human Resources Job Boards Leadership Monster Online Advertising Randstad Recruiters recruiting Recruitment Recruitment Marketing RPO Software Talent Acquisition Uncategorized ATS Business Career Site CRM Employment human resources M&A marketing

Rambling on About Job Board Acquisitions, CareerBuilder, Monster, and the Dutch. Also Some Gifs.

Good To Know

Monster, CareerBuilder, etc lost sight of that, and lost value as a result. Job Boards recruiting Recruitment Technology Talent Acquisition Technology Uncategorized CareerBuilder Monster Recruiting TechnologyIt's important to know who you are.

Why Monster Failed

ERE SourceCon

The news broke overnight that the Dutch staffing giant Randstad bought Monster, paying $3.40 That’s a 23% premium over Monster’s close Monday at $2.77. a share equating to $429 million for the once industry-leading career site.

The Rise and Fall of Monster

ERE

Monster Worldwide was acquired by Randstad for $429 million. Monster’s market cap is $310 million, on revenues of about $667 million. LinkedIn is a money-losing business and Monster is a profitable company.

Monster and the Rising Need for Big Data in Recruitment

iCIMS

Randstad Holding, a leading human resources services provider, is set to acquire Monster Worldwide for $429 million in the fourth quarter of this year

Three Monsters Haunting Candidate Experience

Phenom People

95% of companies do not send updates on the application process 72% do not have a mobile-optimized career site 60% do not offer an application progress tracker We found more candidate experience monsters. We audited 400 of the largest companies and what we found scared us!:

eBook 11

Monster to Shareholders: Sale Opponent is Reckless, Inaccurate

ERE

When Monster’s largest shareholder last week tore into the planned sale of the company calling the price “selling at the bottom,” the response was an official “no comment.” ” Today, Monster fired back.

Monster’s Largest Shareholder Will Fight Company Sale

ERE

One of the nation’s largest newspaper companies and reportedly Monster’s largest shareholder said it is opposed to the $429 million sale of the recruiting services firm to Randstad, which was announced two weeks ago , and urged other stockholders to do the same.

Monster Officials Accused of Rushing Sale to Cover Dismal Financial Report

ERE SourceCon

Monster’s largest shareholder has called on other stockholders not to support the company’s sale to Randstad and said it is seeking to replace Monster’s board of directors.

5 Post-Monster-Buyout Predictions for the Future of the Recruitment Industry

ERE

The announcement that Randstad had bought Monster was just the latest in an accelerating trend of M&A in the recruitment industry between technology companies and traditional staffing/recruitment services companies.

Monster’s Shareholders Complete Sale to Randstad

ERE

Despite intense opposition to the sale, Monster’s shareholders turned over more than 52 percent of the company’s stock by the Friday deadline, enabling Randstad to complete the purchase of the career services company. Economy Job Boards Mergers & Acquisitions Featured

Lawsuits Claim Monster Officials Had Conflict of Interest

ERE SourceCon

Two shareholder lawsuits have been filed against Monster, charging the deal to sell the company to the Dutch staffing giant Randstad “is the result of an unfair process and provides the Company’s stockholders with inadequate consideration,” in the words of one of the lawsuits.

No Need to Be Scared of Monsters: Life With Randstad

ERE

A job board isn’t defined by the color of its website or the name on the incorporation papers; its effectiveness is typically framed by the quality of the people in the talent database. Job Boards Featured

What’s Going on in Recruiting Land at the Moment? Indeed, CareerOne, Monster, Randstad et al.

Prominence

Imagine if you’d taken a short sabbatical, or even a holiday, three weeks ago. On return you’d wonder what the heck has happened to the recruitment industry. Who owns who, who’s sold to who and why are suppliers now competitors and vice versa

Lawsuits Claim Monster Officials Had Conflict of Interest

ERE

Two shareholder lawsuits have been filed against Monster, charging the deal to sell the company to the Dutch staffing giant Randstad “is the result of an unfair process and provides the Company’s stockholders with inadequate consideration,” in the words of one of the lawsuits.

LinkedIn: The Dead Space Between Monster and Facebook

Staffing Talk

It has slowly mutated from an amazing professional social network to a much less appealing mix of Facebook and Monster, forcing me to reconsider the way I’m using it. This deeply changed the social graph led to what I call Linkedin “MonsterizationMonsterization of Linkedin.

Monster, Randstad, and HRSmart

Good To Know

Either way, a quick history of how we got… Continue reading → Career Boards CRM HireClix HR HR Tech HRTech Job Boards marketing Online Advertising RecruiterMoe Recruiters recruiting Recruitment Recruitment Marketing Talent Acquisition Uncategorized Career Site Monster RandstadIt’s entirely possible you heard the news. Possible. Certainly, if you work in the recruiting industry, it’s definitely possible. Maybe even highly so.

Monster Layoff Not Scary for Some

Staffing Talk

Given the news out of Monster yesterday evening , I’m tempted to do another job-boards-are-dying post. But Monster is doing a lot of things right. Believe me, it’s tempting.

Stoned Raiders: A Blunt Look at Randstad’s Monster Hit.

Snark Attack

If you think Randstad bought Monster for its technology, think again. recruiting Technology contingent workforce crm hr technology job boards M&A matt charney monster worldwide Outsourcing randstad Recruiting RPO staffingHere are some blunt thoughts on what it means for recruiting.

How to NOT Get Overwhelmed on Job Boards

Undercover Recruiter

Job Search indeed Job Boards job search jobseekers LinkedIn Monster Simply Hired ZealifyI think everyone can agree there is something overwhelming about using job board sites to search for a new job.

8 Shocking and Thought-Provoking Recruitment News Stories this Week – 29th August 2016

Social Talent

In recruitment news this week: Monster’s Largest Shareholder Will Fight Company Sale. As Monster’s largest shareholder based on publicly available information, MNG believes the $3.40 in a highly detailed letter it sent to Monster’s Board of Directors.

HR Vendor Cagematch: Monster vs LinkedIn vs Indeed

Jim Stroud

Monster or LinkedIn or Indeed? When it comes to advertising jobs online, which website gives you the best overall value? In this episode of “The Jim Stroud Show,” Jim compares the 3 sites in what he calls “HR Vendor Cagematch.”

Traffic, Transparency & Talent Technology: The Future of Online Recruiting

Recruiting Daily

In 2004, Monster (8.6%), CareerBuilder (8.1%) and HotJobs (6.1%) were responsible for approximately 22% of all external hires , according to that year’s Career XRoads Source of Hire Report. In fact, Monster’s “acquisition” of HotJobs from Yahoo!

9 Truly Game-Changing Recruitment News Stories this Week – 13th June 2016

Social Talent

In recruitment news this week: Monster Acquires ‘Tinder for Jobs’ App, Jobr. Not many deal terms were disclosed, but we do know that the app will not be shutdown, it will instead be integrated into Monster’s platform. RELATED: Monster’s the Name and Aggregation is the New Game ).

Consensus on LinkedIn vs Monster vs Indeed

Staffing Talk

" I've been using Indeed a bit for my own needs and also for some clients. Although not as effective as Facebook, I find it the cheapest way to get matching candidates. That seems to be the consensus judging from comments by recruiters over at Recruiters Who Actually Make Placements:Nanette: "I had a LI…

Staffing News Of The Day, October 5, 2012

Staffing Talk

Monster Worldwide, Inc.: Monster Employment Index rises 3% Year-over-Year. News BLS E-cigarettes Facebook Maxim Staffing Monster Employment Index October 5 Staffing Industry Analysts Staffing News of the Day Stolen lunch The Conference Board Inc US unemployment Volt Workforce Solution

The Future of Job Boards

Staffing Talk

The supposed dominance of generalist big boards such as LinkedIn and Monster actually pales in comparison to the thousands of niche boards that open up every year. Contrary to popular belief, the job board industry is expanding faster than ever.

What is a Job Board?

ApplicantPro

I’m sure you’ve heard of Monster , Indeed , and CareerBuilder. Job advertising used to be as simple as placing an ad in the local newspaper, putting up a Help Wanted sign in the window, or getting it out there through word of mouth.

Risky Business: Why You Should Own Your Own Recruiting Data.

Recruiting Daily

I remember the first time I saw Monster, I thought, “This is going to change everything.” Creating A Monster. A few weeks after launching our Monster license, things seemed to be going great.

Staffing News of the Day, March 29, 2013

Staffing Talk

Study conducted by Monster and Millennial Branding found that Gen-Y workers could benefit from stronger entrepreneurial spirit [San Francisco Chronicle].

The Story No One Ever Hears About Staffing

Staffing Talk

We have the paid accounts on the likes of Careerbuilder, Monster, and Indeed. Industry American Staffing Association Careerbuilder economies of scale flexible workforce Monster Obamacare staffing reputation Workers'' Comp

5 Things I Wish I Would Have Known When I Started Recruiting

Recruiting Daily

I was given a Monster login and I was told to find some accounts payable clerks before the end of the week. Recruiting true story. I came into recruiting just over 10 years ago and I started my career as an agency recruiter.

Monster 39

Staffing News of the Day, May 9, 2013

Staffing Talk

You can “conduct full interviews on the go” through job board WorkCheetah.com, which strikes a balance between Monster and Craigslist [PR Newswire]. New claims for jobless benefits hit lowest level since January 2008 [Market Watch].

What?! They Did What At Our Company?

Staffing Talk

” “When you start to lie about background information, reporting relationships, job titles — those are things that ultimately will catch up with you during a reference check or at some point in the future,” says HR consultant Sheila Wyatt in this post on Monster. Embellish.

Staffing News Of The Day, May 21, 2012

Staffing Talk

Monster seeks fresh mojo by merging Facebook networking app BeKnown with its job site. Fast Company]. Firms dropping education perks according to Robert Half Financing & Accounting. [My My San Antonio]. Temp jobs growing as economy rebounds. [UT UT San Diego].

Staffing News of the Day, January 11, 2013

Staffing Talk

Monster stops their Monster Employment Index as job boards continue their decline [Global Recruiting Roundtable]. National Labor Review Board expands the rights of employees to discuss confidential company information, and in some cases even post it on social sites [JD Supra].

Best Recruitment Marketing Articles of the Week 8.8

SmashFly

Industry What's Happening aberdeen group email conversion tips email nurture tips Monster randstad research report techcrunchHey recruitment marketing and talent acquisition peeps!

Two of the Biggest ‘Tinder’-Style Job Apps Are Making News

ERE

An app that was called one of 10 that “ will change the way you recruit forever ” is being bought by Monster. Mobile Featured

13 Recruitment Trends You MUST Know For 2017

Undercover Recruiter

Brexit, Trump, AI, Big Data, Microsoft+LinkedIn and the Randstad Monster… It’s no secret that 2016 has been a massive year for politics, technology and economics, but what are the real knock-on effects to agency-side recruiters working as third party talent suppliers?

Want to Start Your Own Staffing Business? Find a Specialized Niche.

Staffing Talk

Hospitals and other healthcare organizations don’t always advertise their jobs in visible places like CareerBuilder and Monster. Advice Adecco Careerbuilder Creative Circle Freelancers Manpower Monster Niche Randstad SEO unemployed