Earlier this month, Randstad Holding announced an agreement to purchase Monster Worldwide for $429 million. Although the takeover is opposed by Monster’s largest shareholder, the acquisition represents a major milestone in the emergence of online recruiting, as the world’s second-largest staffing company joins forces with one of the oldest and best-known employment websites. For job seekers and small business owners in the San Francisco Bay Area, this merger is powerful illustration of the evolving recruiting landscape, as well as a reminder of the disadvantages of technology-based staffing solutions.
How the Monster Lost its Fangs
In late 2014, Forbes.com published an opinion piece which suggested that Monster had lost its “noble purpose” of helping people find better jobs, with company leadership more interested in the bottom line than in serving its population of job seekers. The article describes how Monster has been eclipsed by other sites such as Indeed and LinkedIn, and suggests that the ultimate outcome will be irrelevance and failure. Regardless, Randstad has identified value and opportunity in Monster’s brand recognition and user base, if not in its current focus and objectives.
Limitations of Online Recruiting
For Silicon Valley job seekers and small business, an online service offering from Monster/Randstad is an imperfect solution at best. As described in the Houston Chronicle and the “Goldilocks” post from our own blog, technology-based approaches to staffing are highly impersonal. In addition, in an online-only experience, prospective applicants may be unduly influenced by a hiring company’s website–which, if not modernized and robust, can unintentionally turn away excellent candidates.
The Boutique Solution
If online job applications are not yielding enough interviews, or if you are hiring and are unable to identify great candidates through online job boards or large staffing firms, consider a local, independent firm such as Menlo Partners Staffing as your staffing partner. Our recruiters are AIRS-certified recruiters are experts in online sourcing, and we have personally conducted face-to-face interviews with all our candidates. All services provided are at no fee to applicants and on a contingent basis to employers, so there is no risk to engaging us in your next job or candidate search!
Contact Menlo Partners Staffing Today
For further information about temporary or direct hire placement on the San Francisco Peninsula or Silicon Valley area, contact the talent acquisition experts at Menlo Partners Staffing today. We would be happy to answer your questions and hear your insights regarding sourcing, screening and interviewing! Thank you for reading.