Monster.com Launches 'TalentBin® by Monster' in India, Gulf, Southeast Asia and Hong Kong

DELHI and MUMBAI, May 18, 2015 /PRNewswire/ --

TalentBin® by Monster Will Match Candidates to Employers by Drawing From Candidate Activity on Social Websites

Finding technology talent is notoriously difficult to access and recruit. Monster.com conducted a survey in India and Gulf to understand the need-gap and discovered a whopping 68% employers said it is extremely difficult or at least difficult to hire talent for niche skills like technology. What makes it worse is that 72% said, only 2 out of 10 correspondences made with job seekers actually convert to a hire.

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The question is - Why is it difficult to find this talent and why is the conversion rate so bleak?  

In a skills-constrained environment, a company's ability to find, attract, and access the right professional DNA is critical to success.

1. Monster's study found that the answer lies in the fact that this specialized skills talent is not always actively seeking jobs, and therefore are unlikely to have uploaded a resume to a database or created a web profile or updated in the longest time, which makes them 'unfindable'.
2. The conversion to hiring is bleak because recruiters are reaching the candidates who are not relevant, not knowing about the 'unfindable' set of professionals or they are reaching them where they don't live as they don't update profiles.
3. This also prompts the need for a platform that saves recruiters' time and offers a powerful pipeline and candidate tracking interface.
4. Interestingly our survey indicates 87% agree that there is a need for disruptive technology to find this relevant talent in the right place and at the right time.

Aligning to the current situation across India, Middle East and Southeast Asia, Monster.com, introduced TalentBin® by Monster. Relevant talent is not posting resumes or actively job seeking but surely is spending time online and leaving their footprints, demonstrating the professional skills that make them desirable candidates. This makes way for recruiters to find the 'unfindable' in time and at the right place. TalentBin® by Monster provides recruiters access to candidate profiles aggregated from social sources across the Web. Through this platform, Monster.com aims at finding the 'unfindable' talent using a storehouse of actionable information and web-based recruiting tools.

TalentBin® by Monster not only automates and streamlines the talent discovery process via automated site monitoring, interpretation and matching, but also simplifies and automates the recruiting workflow, allowing recruiters do more in less time.

By harnessing the vast amount of professionally relevant information people share across the social web, TalentBin® by Monster surfaces potential job candidates by assembling profiles using current professional activities from relevant sites. By making sense of candidate social activity, and compiling those details into a rich professional profile, complete with contact information, recruiters now can find many previously undiscoverable candidates - including those not actively seeking a new job.

Key Benefits of TalentBin® by Monster

Only TalentBin® by Monster provides the largest database of technical skills, gathered from the open web, with multiple messaging capabilities.

• Recruit hard-to-find talent: Technical talent are rarely active seekers. Their profiles are not updated or non-existent. TalentBin® by Monster helps recruiters find technical talent where they live, online, on places like GitHub, StackOverflow, Twitter, MeetUp and multitude of other sites.
• Reach out to professionals where they are active: TalentBin® by Monster provides direct access to email addresses, so employers can reach professionals where they are reading. TalentBin® by Monster also works with social sites such as Twitter, Facebook, MeetUp, so a recruiter can reach professionals on their mobile apps, right in their pocket.
• Utilize integrated tools for maximum efficiency: Integrated emailing, automated mail merge templates, email open tracking and click tracking, and even mass emails help recruiter do more candidate-facing activity in less time. Allowing them to prioritise their time on professionals who are engaged (opening emails/ clicking on job requisition links) so they can hire faster.

About Monster Worldwide 

Monster Worldwide, Inc. (NYSE: MWW) is a global leader in connecting people to jobs, wherever they are. For more than 20 years, Monster has helped people improve their lives with better jobs, and employers find the best talent. Today, the company offers services in more than 40 countries, providing some of the broadest, most sophisticated job seeking, career management, recruitment and talent management capabilities. Monster continues its pioneering work of transforming the recruiting industry with advanced technology using intelligent digital, social and mobile solutions, including our flagship website monster.com® and a vast array of products and services.

For more information visit: monster.com/about

Media Contact:
M Sindhu,
[email protected],
+91-9899428304,
Genesis Burson-Marsteller