Comments on: monster sees dramatic drop in job postings http://www.cheezhead.com/2008/06/02/monster-job-listing-drop/ Insight and opinion from the world of employment. Fri, 13 Nov 2009 04:01:22 -0700 http://wordpress.org/?v=2.8.6 hourly 1 By: Vartan http://www.cheezhead.com/2008/06/02/monster-job-listing-drop/comment-page-1/#comment-106479 Vartan Wed, 04 Jun 2008 15:50:55 +0000 http://www.cheezhead.com/2008/06/02/monster-job-listing-drop/#comment-106479 Monster Telesales will all be millionaires...We are winning...Sal was recently heard telling Darko and the boys that Monster has yet to peak...Sky's the limits...Anyone seen or heard from Yates in a while...Word on the street is he's had enough of Sally's BS Monster Telesales will all be millionaires…We are winning…Sal was recently heard telling Darko and the boys that Monster has yet to peak…Sky’s the limits…Anyone seen or heard from Yates in a while…Word on the street is he’s had enough of Sally’s BS

]]> By: Dan Morgan http://www.cheezhead.com/2008/06/02/monster-job-listing-drop/comment-page-1/#comment-106475 Dan Morgan Wed, 04 Jun 2008 15:42:20 +0000 http://www.cheezhead.com/2008/06/02/monster-job-listing-drop/#comment-106475 Posting on jobfox and realmatch are free, we have done it 1000 times. There's lots of sites that are free, some much better then others. Posting on jobfox and realmatch are free, we have done it 1000 times. There’s lots of sites that are free, some much better then others.

]]> By: Julian Stopps http://www.cheezhead.com/2008/06/02/monster-job-listing-drop/comment-page-1/#comment-106400 Julian Stopps Tue, 03 Jun 2008 21:26:55 +0000 http://www.cheezhead.com/2008/06/02/monster-job-listing-drop/#comment-106400 We track the UK instance of Monster on the born index* and Monster’s UK job advert count does not look to be so badly impacted as for the US variant. Our data indicates that Monster UK is at least fairing as well as the other leading generalists. Generally speaking the UK market has flattened in recent months and Monster’s job advertising levels seem to be consistent with this. We’ll obviously know more when Monster UK release their own index figures later this month, but for now at least Monster’s US problems don’t seem to be replicated in the UK. *the born index is currently in beta and is subject to an estimated accuracy of 2% We track the UK instance of Monster on the born index* and Monster’s UK job advert count does not look to be so badly impacted as for the US variant. Our data indicates that Monster UK is at least fairing as well as the other leading generalists. Generally speaking the UK market has flattened in recent months and Monster’s job advertising levels seem to be consistent with this.

We’ll obviously know more when Monster UK release their own index figures later this month, but for now at least Monster’s US problems don’t seem to be replicated in the UK.

*the born index is currently in beta and is subject to an estimated accuracy of 2%

]]> By: Mich http://www.cheezhead.com/2008/06/02/monster-job-listing-drop/comment-page-1/#comment-106399 Mich Tue, 03 Jun 2008 21:22:26 +0000 http://www.cheezhead.com/2008/06/02/monster-job-listing-drop/#comment-106399 The alternative, according to some responses at the Barron's site, are the "free" job posting sites (see below) out there. When did job postings on either Jobfox or Realmatch.com become FREE? From Barron's comments: Employers are posting for free on sites like www.realmatch.com and www.thejobnetwork.com Its tough to compete with free. Comment by James Kennedy - June 2, 2008 at 6:24 pm Sites like www.jobfox.com too Comment by Richard - June 2, 2008 at 6:27 pm Sites like www.promotemyjobboardinarticlecomments.com too Comment by Fool - June 2, 2008 at 7:01 pm The alternative, according to some responses at the Barron’s site, are the “free” job posting sites (see below) out there. When did job postings on either Jobfox or Realmatch.com become FREE?

From Barron’s comments:

Employers are posting for free on sites like http://www.realmatch.com and http://www.thejobnetwork.com
Its tough to compete with free.
Comment by James Kennedy – June 2, 2008 at 6:24 pm

Sites like http://www.jobfox.com too
Comment by Richard – June 2, 2008 at 6:27 pm

Sites like http://www.promotemyjobboardinarticlecomments.com too
Comment by Fool – June 2, 2008 at 7:01 pm

]]> By: Anonymous http://www.cheezhead.com/2008/06/02/monster-job-listing-drop/comment-page-1/#comment-106398 Anonymous Tue, 03 Jun 2008 20:46:08 +0000 http://www.cheezhead.com/2008/06/02/monster-job-listing-drop/#comment-106398 The Tempe location for Monster just announced that they will be leaving the Rio Salado location. They are seeking one or more companies to take over their lease. Subletting at it's finest. Maybe with the money that is saved; Monster can bring in Team Leaders that are a little more Call Center savvy. There are 15-20 excellent salespeople that were spared the ax of psuedo leadership decisions that may be looking for employment themselves. Send the Bostonians home and the Scottsdale 50k millionaires. The Tempe location for Monster just announced that they will be leaving the Rio Salado location.
They are seeking one or more companies to take over their lease. Subletting at it’s finest. Maybe with the money that is saved; Monster can bring in Team Leaders that are a little more Call Center savvy. There are 15-20 excellent salespeople that were spared the ax of psuedo leadership decisions that may be looking for employment themselves. Send the Bostonians home and the Scottsdale 50k millionaires.

]]> By: Martin Snyder http://www.cheezhead.com/2008/06/02/monster-job-listing-drop/comment-page-1/#comment-106389 Martin Snyder Tue, 03 Jun 2008 19:33:46 +0000 http://www.cheezhead.com/2008/06/02/monster-job-listing-drop/#comment-106389 Chris thanks for the good info -- the best makeovers begin in the mind.... Chris thanks for the good info — the best makeovers begin in the mind….

]]> By: Steve Gallison http://www.cheezhead.com/2008/06/02/monster-job-listing-drop/comment-page-1/#comment-106378 Steve Gallison Tue, 03 Jun 2008 16:57:14 +0000 http://www.cheezhead.com/2008/06/02/monster-job-listing-drop/#comment-106378 Perhaps the reposting of jobs has been discontinued and now only the actual jobs are available. Many of my high level customers report that the same jobs are periodically posted on many of the job boards and when my customers check back with the employer they had interviews with previously, they found that the company commented that they had not reposted the job. Marketing is one thing, disorganization is another and purposely misleading people that wrap their hopes up in a job prospect, even fleetingly, is bad for our industry. Anyone who predicts economic related information based on any or all job boards is foolish and those who operate off of those stats don't stay in business very long. Perhaps the reposting of jobs has been discontinued and now only the actual jobs are available. Many of my high level customers report that the same jobs are periodically posted on many of the job boards and when my customers check back with the employer they had interviews with previously, they found that the company commented that they had not reposted the job.

Marketing is one thing, disorganization is another and purposely misleading people that wrap their hopes up in a job prospect, even fleetingly, is bad for our industry.

Anyone who predicts economic related information based on any or all job boards is foolish and those who operate off of those stats don’t stay in business very long.

]]> By: Chris Amato http://www.cheezhead.com/2008/06/02/monster-job-listing-drop/comment-page-1/#comment-106350 Chris Amato Tue, 03 Jun 2008 12:13:15 +0000 http://www.cheezhead.com/2008/06/02/monster-job-listing-drop/#comment-106350 This is a Monster specific issue. We track company job postings from thousands of companies directly from their corporate websites and although job posting activity seems to be flattening, 21% decline is far deeper than we see across the board. Housing, yes down dramatically as you would think, but overall 21% decline indicates deeper issues at Monster. Looks like a little eye off the ball, build it and brand it and they will come isn't enough anymore with the changing online recruitment landscape. Decreases in online job posting activity (amount of job postings and frequency of posting) are customary and expected in a down eceonomy, but me thinks Monster needs to pay attention to alternatives out there (vertical boards, SEO). I'm not a Monster basher, we still use their services at times, but they need a makeover, bleaching, collagen some botox maybe? This is a Monster specific issue. We track company job postings from thousands of companies directly from their corporate websites and although job posting activity seems to be flattening, 21% decline is far deeper than we see across the board. Housing, yes down dramatically as you would think, but overall 21% decline indicates deeper issues at Monster. Looks like a little eye off the ball, build it and brand it and they will come isn’t enough anymore with the changing online recruitment landscape. Decreases in online job posting activity (amount of job postings and frequency of posting) are customary and expected in a down eceonomy, but me thinks Monster needs to pay attention to alternatives out there (vertical boards, SEO). I’m not a Monster basher, we still use their services at times, but they need a makeover, bleaching, collagen some botox maybe?

]]> By: Graham McCarthy http://www.cheezhead.com/2008/06/02/monster-job-listing-drop/comment-page-1/#comment-106306 Graham McCarthy Tue, 03 Jun 2008 03:33:17 +0000 http://www.cheezhead.com/2008/06/02/monster-job-listing-drop/#comment-106306 Scary numbers. But jobs posted in a single month is not evidence of anything on its own. Because their deferred revenue stream is fairly robust and stretched over 12 months, even if this was a major decline, the revenue impact would not be felt for a while. Scary numbers. But jobs posted in a single month is not evidence of anything on its own. Because their deferred revenue stream is fairly robust and stretched over 12 months, even if this was a major decline, the revenue impact would not be felt for a while.

]]> By: Leo Spaceman http://www.cheezhead.com/2008/06/02/monster-job-listing-drop/comment-page-1/#comment-106305 Leo Spaceman Tue, 03 Jun 2008 02:40:12 +0000 http://www.cheezhead.com/2008/06/02/monster-job-listing-drop/#comment-106305 Dennis that is because the branding campaign was a major disaster that is only known internally. Dennis that is because the branding campaign was a major disaster that is only known internally.

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