HRsmart and TMP to jointly market recruiting solutions, and HRsmart to Integrate TMP's Job VIPeR™ into its ATsmart™ Applicant Tracking System
HRsmart and TMP Worldwide Establish Strategic Alliance
Plano, TX, February 4, 2004 – HRsmart and TMP Worldwide Advertising & Communications, a division of Monster Worldwide, Inc. (Nasdaq: MNST), the parent company of the leading global online careers property, Monster™, and the world's largest Yellow Pages and one of the world's largest Recruitment Advertising agency networks, today announced a joint marketing and referral agreement.
Under the terms of the agreement, HRsmart will integrate TMP's advanced Internet job distribution tool, Job VIPeR (Volume Internet Posting e-Resource), into its Applicant Tracking System (ATsmart), as well as refer its clients to TMP's interactive recruiting solutions. In return, TMP Worldwide's Advertising & Communications division will refer its qualified interactive clients to HRsmart's innovative applicant tracking solutions.
"Our strategic alliance with TMP continues our commitment to the ongoing enhancement of our product offerings," said Mark Hamdan, president and CEO, HRsmart. "By integrating Job VIPeR's functionality into our applicant tracking solution, our clients are exposed to TMP's robust job distribution tool and with this technology, HRsmart will add another significant value-added service for our clients."
TMP Worldwide's Job VIPeR is an advanced Internet job distribution tool that enables clients to efficiently post their open jobs to multiple employment websites through a single transaction using an automated desktop process. Created to make life more manageable for human resource professionals, Job VIPeR is easy to use and acts as a central management conduit to the universe of general and industry-specific job boards, allowing clients to create customized media plans and more effectively control their overall recruiting costs. Additional information about Job VIPeR can be found at http://www.jobviper.com.
HRsmart delivers broad, integrated talent management solutions including Applicant Tracking, Employee Referral, Career Development, Succession Planning, Performance Appraisal and Learning Management, thereby, providing companies with a single vendor for all their talent management needs, while still providing separate applications for those with limited requirements. HRsmart's flagship product ATsmart™, is a Web-based applicant tracking solution that enables HR departments to easily automate the entire recruitment process from requisition to hire.
"Our relationship with HRsmart continues TMP's commitment to offer our clients the best in automated recruiting solutions," said Jill Erickson, Senior Vice President, Business Development at TMP Worldwide. "Our combined services provide our clients comprehensive recruiting tools that we believe can save them significant time and money."
About HRsmart
Founded in 1994, HRsmart provides a fully hosted, network-delivered suite of talent management software solutions including applicant tracking, online recruiting, performance management, learning management, career development, succession planning, employee referral and job distribution.
HRsmart supports a wide range of clients including but not limited to the medical, retail, manufacturing, financial, government, hospitality, petrochemical and telecommunications industries. Many companies, including Fortune 500 companies, commercial public career boards and recruiting firms turn to HRsmart for their talent management needs. HRsmart is an IBM certified e-business on demand (ebod) solution partner. HRsmart has operations in the US, Canada and Latin America. For more information, please visit www.hrsmart.com.
About TMP Worldwide
TMP Worldwide Advertising & Communications is a global HR communications and solutions provider. TMP is a single source for companies to better communicate their employment offering in order to recruit and retain the talent they need. TMP recruitment strategies, tactics, and tools are delivered with industry-specific insight across all traditional and interactive arenas. In addition to human resource solutions, TMP is a highly experienced, full-service marketing communications and public relations provider.
About Monster Worldwide, Inc.
Founded in 1967, Monster Worldwide, Inc. is the parent company of Monster®, the leading global online careers property. The company also owns TMP Worldwide, the world's largest Yellow Pages advertising agency and one of the world's largest Recruitment Advertising agency networks. TMP Worldwide is also a provider of direct marketing services. Headquartered in New York with approximately 4,300 employees in 19 countries, Monster Worldwide (NASDAQ: MNST - News) is a member of the S&P 500 Index. More information about Monster Worldwide is available at www.monsterworldwide.com.