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Monster Worldwide

Headquarters: 622 Third Avenue, 39th Floor
New York, NY 10017
Employees: 6,000
CEO: Sal Iannuzzi
Website
: http://www.monster.com

Stock Symbol: MWW

Career Page

Monster Worldwide is the parent company of Monster.com, one of the leading Internet career sites with more than 46 million visitors globally and over one million jobs from 200,000 member companies.

Monster has operations in 36 countries. Monster was founded in 1994 as The Monster Board -- the 454th commercial website in the world.

The Monster.com Internet division is headquartered in Maynard, MA.

The company launched BeKnown, a professional networking application on Facebook, in July 2011.

Other sites owned by Monster include Military.com, Admissions.com and FastWeb.com.

Monster acquired career site HotJobs.com from Yahoo for $225 million in cash in 2010.

In 2011, the company reported revenues of $1.04 billion and net income of $54 million.

Monster Worldwide announced in January it would cut 400 jobs or 7% of staff and consolidate office space and expenses.

History

Andrew McKelvey founded Telephone Marketing Programs (TMP) in 1967. With no capital and no clients, TMP began focusing on the niche market of U.S. Yellow Pages advertising sales and grew to become the world's largest Yellow Pages agency.

Seeking ways to expand its expertise, TMP entered into the recruitment advertising business in 1993 through strategic acquisitions. TMP Advertising & Communications quickly earned its place among the top recruitment advertising firms by offering comprehensive human capital solutions and through its reputation as an early adopter of interactive technology. It was the pursuit of innovative technologies that led to the acquisition of two of the earliest pioneers in the online careers space - The Monster Board and Online Career Center (OCC) in 1995.

These purchases would usher in a new era of growth for the company. While TMP Worldwide went public in 1996, the career websites grew and eventually merged as Monster in 1999, adopting the friendly green monster Trumpasaurus as its icon. To convey its full focus on maximizing the potential growth and value of Monster, TMP Worldwide was officially renamed Monster Worldwide in 2003. To further align its business around Monster, the original Yellow Pages business was sold in 2005.

Monster Worldwide moved its stock from Nasdaq to the New York Stock Exchange in 2008.

Benefits

- Medical
- Dental
- Vision
- 401(k)
- Flexible Spending Accounts
- Disability Insurance
- Life Insurance
- Paid Time Off
- Life Balance
- Employee Discounts and Promotions

Updated January 30, 2012

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