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ChinaHR’s Upgraded Platform Will Provide Access to Monster’s World-Leading Advanced Technology

NEW YORK & BEIJING--(BUSINESS WIRE)--Jul. 9, 2012-- Monster®, the worldwide leader in successfully connecting people to job opportunities and the flagship brand of Monster Worldwide (NYSE: MWW), today announced the successful migration of ChinaHR, a leading recruitment website in China and a member of Monster’s global recruitment network, to Monster’s global platform. With the comprehensive platform migration, ChinaHR will be ready to successively launch Monster’s world-leading technologies and the Chinese versions of products supported by these technologies. The upgrade will fully equip ChinaHR to provide a "high efficiency and precision” user experience for employers and job seekers alike and help facilitate the ability to fill positions globally.

Businesses and job seekers using the upgraded ChinaHR for recruiting or job search will experience a significant change in their user experience. Users will have more customized personal pages, more efficient resume management functions and over time, users will have access to more accurate search functionality that can "understand" natural language.

Key features of the new platform upgrade include:

  • Advanced company recruitment branding products including branded job advertising, video and company profiles
  • Targeted local, regional and national postings job ads
  • Expanded sourcing productivity with new tools enabling candidate screening efficiency
  • Enhanced employer experience with expansive resources featuring content, advice and online training support
  • Enhanced job seeker experience including streamlined job apply flows to increase seeker satisfaction and conversion
  • Career Advice Center with resume and interview tips and job hunt strategies
  • State of the art employer self-service e-commerce purchasing functionality

Growth-driven business model upgrade

"Monster is a leader in applying advanced Internet technology to the recruitment industry,” said Monster Greater China executive vice president and ChinaHR CEO Edward Lo. "The completion of this comprehensive platform upgrade will equip ChinaHR with Monster’s world-leading technology, bringing unprecedented efficiency and precision to recruiting in China, enabling both employers and job seekers to find the perfect match with less time and effort.”

A 2012 ChinaHR survey shows 20 percent of jobs are left open for over six months and 23 percent of job seekers spend more than half a year searching for the right job.

The recruitment industry as a whole found itself hugely inefficient, due to its inability to handle the massive increase in information brought on by the Internet. Industry experts point out that maintaining high efficiency and precision in matching jobs with job seekers is the core value of the recruitment industry, and that advancements in Internet technology innovation are necessary to achieve further breakthroughs in this area.

Monster technology creates more value for users

As the world's largest online recruitment website, Monster maintains an extensive recruitment network covering 55 countries and regions worldwide, and has remained committed to technological innovation with the aim of achieving the highest efficiency and precision in matching corporate positions and job seekers. Monster has led in the development and delivery of the most advanced technologies in online recruiting including behavioral targeting, 6Sense® semantic search technology and cloud-based semantic search and analytics.

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 55 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.

About ChinaHR

ChinaHR is a member of Monster’s global online recruitment network. As the global leader in online recruitment, Monster has always been committed to successfully matching job seekers with job opportunities. As the leading domestic recruitment website, ChinaHR provides employers with high efficiency and precision recruitment solutions, oriented towards providing job seekers with a wealth of job search information, precisely matched positions, and professional online occupational guidance services.

For more detailed information about ChinaHR, please visit: http://www.chinahr.com

Source: Monster Worldwide, Inc.

Monster
Kristen Gugliotta, 978-461-8089
Kristen.Gugliotta@monster.com