With increased recruitment activity in temporary and contractual jobs in
the India market, Monster®, the worldwide leader in
successfully connecting people to job opportunities, and flagship brand
Worldwide, Inc. (NYSE: MWW), announced the launch of "Contract
Jobs" in India. To meet the needs of both employers and job seekers,
Monster India introduced "Contract Jobs" for professional,
contractual and temporary hiring, allowing better access to the broad
pool of talent looking for contractual employment and companies looking
to hire contract and project workers respectively.
According to industry estimates, the Indian organized temporary staffing
industry is likely to employ nine million people by 2025 and is expected
to grow to represent 10% of the organized workforce by 2025.1
Over the last decade, the demand for temporary/contractual employees has
gained momentum especially in sectors like IT/ITeS, retail and other
services sector, owing to recruiter's ability to respond quickly to
volatile economic environment with the least possible lead time.
"Contract Jobs" is the most recent example of Monster helping employers
and job seekers "find better," by connecting more efficiently and
successfully through innovative technology solutions, tools and services.
"As India's rapid economic growth trajectory has caused the demand for
talent to outstrip the supply, contractual hiring has garnered greater
acceptance amidst the uncertain business environment," said Sanjay Modi,
Managing Director, Monster.com (India/ Middle- East/ South East Asia).
"Given the buoyancy of contractual and project hiring in India, Monster
India's new "Contract Jobs" has been launched to address the needs of
career minded professionals by providing them flexibility of tenure,
learning on the job and a bridge to full employment. This offering will
also aid employers in building their talent pipeline and meet their
talent equirements by hiring just-in-time".
Key highlights of the new "Contract Jobs" site include:
With the increased pace of the economic growth in India and
globalization of workforce, contractual and project-based jobs act as a
springboard to bring experienced, skilled and qualified talent back to
the workforce to fulfill their career aspirations and pursue a wider
variety of career options.
About Monster India
Monster India, one of India's leading online career and recruitment
resource, works for everyone by connecting job seekers across industry
verticals, experience levels and geographies instantly with leading
employers. Monster India's cutting edge Magic Search technology provides
relevant profiles to employers and relevant jobs to jobseekers.
Monster India started operations in 2001. Headquartered in Hyderabad,
the company has an established presence in 11 other cities of India
viz., Mumbai, Delhi, Bangalore, Chennai, Pune, Kolkata, Ahmadabad,
Baroda, Chandigarh, Jaipur and Cochin.
A recipient of the Best jobsite in India award for two years by an
independent jury appointed by PC World, Monster has also been awarded
with the User's Choice Award 2008 by PC Quest. Monster's initiative
'Rozgarduniya.com' - a job portal exclusively for jobseekers in rural
India, in collaboration with ITC e-Choupal enables employers in
corporate India to connect with rural talent, thus removing the
traditional barriers they face in this process.
Monster India partnered with DishTV to bring the first ever job search
"Monsterjobs Active" on TV. Convergence of the internet and TV medium
made job services easily accessible to TV viewers across all cities
bridging the unmet need of the audience for whom access to the internet
About Monster Worldwide
Monster Worldwide, Inc. (NYSE: MWW), parent company of Monster®, is the
worldwide leader in successfully connecting people to job opportunities.
From the web, to mobile, to social, Monster helps companies find people
with customized solutions using the world's most advanced technology to
match the right person to the right job. With a local presence in more
than 40 countries, Monster connects employers with quality job seekers
at all levels, provides personalized career advice to consumers globally
and delivers vast, highly targeted audiences to advertisers. To learn
more about Monster's industry-leading products and services, visit http://www.monster.com.
More company information is available at http://about-monster.com.
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