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HR Professionals

 
Created by : Gargi Sinha, Senior Consultant, Hewitt Associates  | 02 05 2010 10:37:43 +0000
Industry : Human Resources (HR) ConsultingFunctional Area : Talent Management(People Management)
Activity:  795 views;  last activity : 07 06 2010 20:18:09 +0000

With the ending of recession and the opening of new industries, these days lots of people are getting employed and it seems, slowly the job losses are also reducing. For this, job seekers opt for different job sites of whom, Monster worldwide Inc is the Rank 2 job site of the whole world.

yahoo-hotjobs

Recently, it has decided to acquire Yahoo HotJobs for $225 Million in cash making itself a formidable player in Online recruitment space just behind Careerbuilder in US.

So I would like to ask the users in this platform, according to them, can Monster become the no.1 job site of India?

 
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Top Argument
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Monster Inc. already has a very good market in India. Every employer and job seeker's first preference is Moster india only. With the acquisition of yahoojobs, moster has grown its user base and accordingly its market reach and strength. I believe it won't face any problem in becoming the leadong job hunting site in India.


By Diya Mehra, Executive search, ABC consulting  02 05 2010 10:41:41 +0000
 
Top Argument
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We shouldn't forget that Monster has reported decline of 27% in revenues at $213 million in Dec- Quarter compared with $293 million,in a year ago period. Though its market is strong in India, it has big competitors like Naukri, Timesjobs, Jobstreet and many more big job sites which are equally in demand in the market. Competing with them won't be an easy task for Monster and as I believe even if it become no. 1 job site in India, it won't happen very soon. It will take time.


By Gargi Sinha, Senior Consultant, Hewitt Associates  02 05 2010 10:46:52 +0000
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It was a big leap for job sites like Monster and Naukri to be on electronic media. An ongoing advertisement on the most commonly watched source means that there is a market for job sites.

Where do these companies showcase themselves?? On GEC's, Sports channels.... Why?? The mass is available to create awareness. Its the communication which decides the choice of the job seeker. Monsters monster has stopped delivering the candidaye on his palms to the right vertical, but Hari Sadu is back with a bang!! Strategically, monsters absence means that it is got the hits that are necessary, Naukri's Sadu means that they are hurting and want more logins...

There are a number of factors that decide a job portals position. According to me Monster has reached that status already!! Thanks for the referral. :)


By Makrand Bhave, Marketing & MICE, WIZCRAFT International  | 02 09 2010 01:47:21 +0000
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i believe monster has a chance to be no.1 if it takes a proper root of inovation.

one cannot just rate naukri no.1 bcoz their earning is more.

 


By dilip gour, NA, ABCABC  | 02 08 2010 09:25:14 +0000
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yes me be..

In my opinion job seekers first preference is monster..

then after sometimes they may change to some other if not getting the targeted result.


By Reni sebastian, Assistant Engineer, State government of Keralam  | 02 05 2010 17:01:00 +0000
1
0

Till U deliver .. U are counted .. !!

In a situation, where rampant pinkslips / joblosses are there, does not matter who stands No. 1. The unemployed require job and so long s/he do not get a job, rank  of the job site do not matter. Practically, s/he will enroll in all sites .. !!


By ASOKE KUSARI, Domestic Private Banking-Executive/Manager, A large leading PSU Bank - India  | 02 08 2010 13:15:30 +0000
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The Monster dent came when their site got hacked in US; in that way it had its echo felt in India also.......

 


By Manish Grover, Account Manager , Impressico Business Solutions Pvt Ltd  | 02 08 2010 10:52:36 +0000
1
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In my opinion, there is not a generally valid answer. So I support for "No".

For example, if you are a great company, with a well established employer branding, I suppose a better solution would be to have an own Internal Job Market portal, duable in use: for internal and external hiring, supporting a well integrated process.

If you are focused mainly on internal indian market, may be a local job site with a brand more established is the best solution (many of the previous respondents mentioned someone of these).

If you are addressing an international market and your employer brand isn't so well established all around the world, your strategy must be more differentiated. To have one common international partner, any case, is only one out of many possible strategies. For example, Monster don't seems to be a good choice for managers/ middle manager s positions: country by country a more focused/ specialized solution could be the best

My 2 cents


By domenico fama, HR Business Parner, international Bank  | 02 08 2010 10:47:32 +0000
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so many job portals doing much better than monster....naukri is one of them


By Nitin M Aras, Head/VP/GM-Tech. Support, ODTIN Food Solutions Pvt Ltd  | 02 08 2010 09:54:06 +0000
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any site which gives shaukri with a naukri is number :: 1


By Ajay Ziz, Dy. Registrar,, University of Jammu  | 02 08 2010 09:45:26 +0000
1
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In my opinion no job site is number 1.

First of all I would like to know what are the criterion on which number 1 is decided. Is it number of Hits or the feedbacks from the employers/employee.

Practically, Job seeker enrolls himself/herself to more than one job site, off course Monster is one of them. When an individual is really in search of a job, he doesn't care from which site he is receiving the call whether monster or any else. He/she just want to have a job.

Most of the updates you receive from Monster/Yahoo/Naukri on your e-mail ID does not suits yours profile. For example, if you are a searching for a job of Project Manager in Publishing field. The e-mail you will receive will contain all the jobs of Project Manager except for the one in publishing field.

There search engines also captures shows the same.

From the employee point of espect it is essential to know the Keywords for your profile, most of the times your keywords will extract jobs that does not match your profile.

Generally, we do not receive any acknowledgement from the employer side, we receive acknowledgement from the job portal site that your application has been forwarded.

I have not gone for the paid services for these site, hopefully, when you pay you must not be facing the above mentioned facts.

Factor that is of utmost importance is native country, state job sites which enables the employer and employee to fetch people from neighbouring areas, untill you don't want to work offshore.

Most of the times the job sites seems to be made for the professtionals of very high skills. Your specific search will yield only few results that too of no use. Most of the biggies does not want to put their jobs on the site. They either want to place it through internal reference of IJPs. As NAUKRI.com is preferred site in INDIA.

Therefore, MONSTER or any other job sites cannot be considered as number 1 or 2 or so on...

 


By Dinesh Raghav, Pre-Press Executive, Eli Research  | 02 08 2010 09:21:21 +0000
1
0

perhaps they shud look up Naukri as case study... then


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