Monster.com's Return2Home Provides Gateway to Job Opportunities for NRIs

Monster.com, the leading online career and recruitment solutions provider and pioneer in the e-recruitment space today announced the launch of its new initiative 'Return2Home. End Quote

(1888PressRelease) July 18, 2012 - According to the findings of Monster.com internal research, between January and December 2010, there was a 65% growth in traffic of job seekers from outside India, with nearly three quarters of respondents (74%) planning to return to India eventually or have already done so, indicating the rising interest of NRI's in their homeland. Leveraging its global footprint, Monster.com will target and connect with NRI jobseekers from United States, United Kingdom, Canada, Gulf and South East Asia and connect them with the opportunities that exist for them in their own country.

India is seen as a land of opportunities owing to the rapid economic explosion, MNC's recognizing India as strategic market, which in turn has resulted in global work culture, competitive salaries, world class infrastructure, improved socio-economic facilities and access to an international standard of living. This has resulted in more and more Indians abroad to explore opportunities back home. Also, with India moving away from being a talent feeder to the developed nations, to a talent powerhouse, 'Return2Home' is poised to help employers attract the 'right talent' who have the relevant global experience, domain knowledge and are also culturally aligned.

Commenting on Monster's latest initiative, Mr. Sanjay Modi, Managing Director, (India, Middle East & South East Asia) Monster.com. said, "As an aftermath to one of worst global economic recessions, economic restructuring and downsizing was witnessed across the globe. Against such a dynamic environment, the strength of emerging economies was repeatedly tested, which not only demonstrated economic resilience but also an upturn in its growth trajectory. Today India has a projected GDP of 9.1%, which presents a huge opportunity for corporate India, which is witnessing reverse 'brain drain' with many experienced and skilled global workforce looking at India with renewed interest."

"Against this background, Monster launches Return2Home as a unique platform to engage with both employers and job seekers in finding the right opportunities. Combining its superior technology, global network, customer equity and first mover advantage, with this launch, we aim to strengthen our dominant position in the Indian recruitment market," he further added.

To amplify this launch, Monster will undertake an aggressive online advertising campaign comprising of banner advertisements on its Indian, US, UK, Gulf and SEA websites.

About Monster India

Monster India, the leading online career and recruitment resource, works for everyone by connecting job seekers across industry verticals, experience levels and geographies instantly with leading employers. Monster's cutting edge Magic Search technology and innovative Magic Filter provide relevant profiles to employers and relevant jobs to jobseekers.

Monster India started operations in 2001. Headquartered in Hyderabad, the company has an established presence in 11 other cities of India viz., Mumbai, Delhi, Bangalore, Chennai, Pune, Kolkata, Ahmedabad, Baroda, Chandigarh, Jaipur and Cochin.

A recipient of the Best jobsite in India award for two years in a row by an independent jury appointed by PC World, Monster has also been awarded with the User's Choice Award 2008 by PC Quest.

Monster's initiative 'Rozgarduniya.com' - a job portal exclusively for jobseekers in rural India, in collaboration with ITC e-Choupal enables employers in corporate India to connect with rural talent, thus removing the traditional barriers they face in this process.

Monster India partnered with Dish TV to bring the first ever job search "Monster jobs Active" on TV. Convergence of the internet and TV medium made job services easily accessible to TV viewers across all cities bridging the unmet need of the audience for whom access to the internet is limited. Monsterindia.com has a registered base of 23 million jobseekers with more than 15000 jobseekers registering every day.

For further details contact:

Nidhi Verma
Monster.com
Email:nidhi.verma ( @ ) monster dot com
Tel: +91 956 015 5115

Gitanjali Sabikhi
Genesis Burson-Marsteller
Email:Gitanjali.sabikhi ( @ ) bm dot com
Tel: 09873700675

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