|FOR IMMEDIATE RELEASE
Monster Worldwide Lauded for Veteran Hiring Efforts
Military.com and Monster.com Offer Innovative Services for Veterans, Employers
Washington D.C., March 1, 2006 – America’s military veteran ranks grows by 250,000 annually and according to The President’s National Hire Veterans Committee they represent a rich source of talent and competitive advantage for employers. The committee acknowledged Andrew McKelvey, Chairman and CEO, Monster Worldwide, for the efforts of Monster and Military.com in support of veteran employment.
Monster and Military.com were recognized for ensuring employers know about the availability of this vital workforce, and assisting transitioning veterans and those already in the workforce in identifying and landing career positions. There is a shared commitment by Monster and the Department of Labor to address the employment needs and interests of veterans. Efforts have also focused on making efficient connections between veterans and career opportunities.
“Monster’s leadership team took a personal interest in helping employers see the economic benefits of hiring veterans,” said Steven J. Law, Deputy Secretary, U.S. Department of Labor. “Working together, Monster Worldwide and the Department of Labor are opening new doors of opportunity to America’s deserving veterans.”
“We’re honored by this important recognition,” said McKelvey, “and hope we’re setting the bar for other organizations. Our veterans have served their country; now it’s employers’ turn to answer the call.”
The President’s National Hire Veterans Committee’s HireVetsFirst campaign targets employers with the message hiring veterans is good business, not just goodwill. Veterans represent diverse backgrounds and possess unique qualifications, including security clearances, leadership experience, technical expertise, and maturity.
Monster and Military.com introduced these services in support of the veterans’ employment:
- Monster.com’s “V-check” designation on all veteran resumes, making it easier for employers to locate and hire veterans. Monster.com also highlighted a veteran in a national TV ad.
- Military.com’s Veteran Career Center provides direct access to resources, networking and job opportunities, as well as catered career assistance to injured veterans.
To learn more about the HireVetsFirst program, visit www.HireVetsFirst.gov.
About The President’s National Hire Veterans Committee
The President’s National Hire Veterans Committee is the result of historic legislation passed by bipartisan majorities in the 107th Congress and signed into law by President George W. Bush on November 7, 2002. The Jobs for Veterans Act, Public Law 107-288, established the President's National Hire Veterans Committee within the Department of Labor and authorized the Secretary of Labor to appoint its members. The Committee’s mission is to furnish employers with information on the training and skills of veterans and disabled veterans, and the advantages afforded employers by hiring veterans with such training and skills; and to facilitate employment of veterans and disabled veterans through participation in America's national labor exchange and other means.
Military.com, the nation’s largest military membership organization, is dedicated to connecting the 30 million members of the military and veteran community to every advantage earned in service to America. Military.com helps its 6 million members access their benefits, advance their careers, enjoy military discounts, and stay connected. Military.com is a business unit of Monster Worldwide, Inc. Visit the company at www.Military.com.
About Monster Worldwide
Founded in 1967, Monster Worldwide, Inc. is the parent company of Monster®, the leading global online careers and recruitment resource. The company also owns TMP Worldwide, one of the world’s largest Recruitment Advertising agency networks. Headquartered in New York with approximately 4,800 employees in 26 countries, Monster Worldwide (NASDAQ: MNST) is a member of the S&P 500 Index and the NASDAQ-100 Index. More information about Monster Worldwide is available at www.monsterworldwide.com.
Special Note: Safe Harbor Statement Under the Private Securities Litigation Reform Act of 1995: Except for historical information contained herein, the statements made in this release constitute forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Such forward-looking statements involve certain risks and uncertainties, including statements regarding Monster Worldwide, Inc.'s strategic direction, prospects and future results. Certain factors, including factors outside of Monster Worldwide's control, may cause actual results to differ materially from those contained in the forward- looking statements, including economic and other conditions in the markets in which Monster Worldwide operates, risks associated with acquisitions, competition, seasonality and the other risks discussed in Monster Worldwide's Form 10-K and other filings made with the Securities and Exchange Commission, which discussions are incorporated in this release by reference.
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