Comments on: Monster’s New Resume Search Is a Winner

By: Shifts In The Online Jobs Market | Sramana Mitra

Shifts In The Online Jobs Market | Sramana Mitra — Thu, 09 Dec 2010 11:02:35 +0000

[...] Resume Search (PRS), a solution developed using technology acquired from Trovix two years ago and launched in America to positive reviews last year, was extended in the U.K. last quarter. In Q3, PRS accounted for 45% of search bookings in North [...]

By: Monster Stock Surges As Bookings Jump And HotJobs Helps - ERE.net

Monster Stock Surges As Bookings Jump And HotJobs Helps - ERE.net — Thu, 28 Oct 2010 23:24:35 +0000

[...] call with analysts. Monster is on the right track, he said, reporting that its investment in its 6Sense technology is paying off, with Power Resume Search capturing some 45 percent of the search bookings. The Career Ad Network is growing, he said, with [...]

By: Stellenangebote in Deutschland. Stellenangebote in alle Postleitzahlen .

Stellenangebote in Deutschland. Stellenangebote in alle Postleitzahlen . — Thu, 16 Sep 2010 09:31:15 +0000

Stellenangebote in Deutschland. Stellenangebote in alle Postleitzahlen ….

Freie Stellen in Unternehmen in Deutschland…

By: Scratch that, Job Boards will die « Cachinko

Scratch that, Job Boards will die « Cachinko — Thu, 22 Jul 2010 10:06:30 +0000

[...] so fast, but they are on their way out considering they are not innovating quick enough. Monster invested over $100m on their Power Resume Search which includes the acquisition of Trovix, that is a lot of [...]

By: 6Sense Matching Launched for Applicant Ranking - ERE.net

6Sense Matching Launched for Applicant Ranking - ERE.net — Mon, 28 Jun 2010 20:33:57 +0000

[...] Don’t confuse a 6Sense match to the traditional keyword match. Old school keyword matching does little more than search for certain keywords and rank the results on frequency and sometimes proximity. More sophisticated features allow you to take into account years of experience, and even career progression. [...]

By: 6Sense: What's in a Name? | Hiring and Talent Management | MonsterThinking

Mon, 28 Jun 2010 16:46:22 +0000

[...] Monster’s New Resume Search is a Winner (John Zappe/ERE) [...]

By: Analyst Continues Hold Position on Monster (MWW)

Analyst Continues Hold Position on Monster (MWW) — Tue, 09 Mar 2010 01:14:33 +0000

[...] new ‘power-user’ offering that has gotten a lot of attention on bulletin boards like ERE also seemed to have no impact as it was not mentioned in Stifel’s 12/3 press release on [...]

By: Unleash The Monster :: State & Local :: When an algorithm isn’t enough

Unleash The Monster :: State & Local :: When an algorithm isn’t enough — Fri, 05 Feb 2010 20:34:25 +0000

[...] looking for talent and job seekers looking for jobs. In fact, Monster recently unveiled its new Power Resume Search functionality designed specifically to simplify and expedite the process of finding qualified [...]

By: HotJobs Buy Boosts Monster In U.S., Globally : ERE.net

HotJobs Buy Boosts Monster In U.S., Globally : ERE.net — Thu, 04 Feb 2010 03:02:29 +0000

[...] than did the standard (and long-time) keyword search. It got rolled out in beta in the fall and I was bowled over by how effective it [...]

By: Ed Farrell

Ed Farrell — Thu, 10 Dec 2009 03:17:16 +0000

@Robert – Trovix’s own site uses the word “concept” (not conceptual) to describe their technology. My point was simply that Trovix’s stuff was not new – right down to the verbiage on http://www.trovix.com/about/technology.jsp describing their technology which could described CareerSite’s technology in 1995. Some of that goes for your site’s as well. Sorry. Your stuff is an evolutionary step from what we had then. We had a specialized taxonomy with over 40,000 terms and concepts in 7 categories. Hierarchical. We did Profile Matching not keyword just like your stuff. And yours is very good stuff. Much better than what we had. We never fully developed the context part. I am not being negative. I appreciate what you did more than most since we are working on the same problems. You went on to solve some of the problems we did not after we got in bed with the sleepy newspapers who mostly viewed technology as a cost to be cut. Nice job. Good luck. I don’t miss the industry.

By: Robert Ruff

Robert Ruff — Thu, 10 Dec 2009 02:09:02 +0000

Ed, the trovix/Monster engine is NOT a conceptual search engine as you describe. It is indeed a true semantic engine and is vastly more accurate than conceptual search engines by virtue of its ability to eliminate false matches wherein a person has a certain skill, but that skill lies outside their core competency. The trovix engine and our Sovren engine are similar in many respects and employ many of the same technologies. In our internal tests, true semantic profile-matching engines eliminate 97-99% of the noise matches generated by conceptual search engines on non-trivial queries.

By: Ed Farrell

Ed Farrell — Wed, 09 Dec 2009 22:46:20 +0000

@Martin – yes, you are right that Resumix had *client server* applicant tracking software pre- 1995 with a knowledgebase. You can add Restrac to that list among others. I was referring to web-based software that could handle millions of users – with millisecond response search/match times – something resumix and restrac/webhire had difficulty with back then. Software delivered as a service in 1995 was considered new. MonsterBoard, OCC, and others were using keyword based searching. I have been out of the industry for quite a while and occasionally stumble across articles like this one commenting on the new-new thing without any context or apparent knowledge of the industry’s history – and read them with amusement.

By: Scott Weaver

Scott Weaver — Wed, 09 Dec 2009 21:56:14 +0000

To be straight-forward, I disregard almost every new ‘technology’ that makes finding candidates easier when the company making this claim is a Monster, CareerBuilder, Hot Jobs, etc. As others have said in this thread, I don’t see why this is so much better than boolean logic? With boolean, I get EXACTLY what I ask for. When it comes to a resume database, I only care about the candidates… which is why I’m a former Monster client and current CB client.

To me, as many have said, this is geared towards organizations that don’t want to or dont know how to use boolean logic… which has been attempted many times before… this just looks cooler. I’ve always considered it a known fact that Monster simply has fewer ‘higher-end’ candidates. I’m not selling CB here (far from it)… I’m just stating what I’ve always considered fact.

However, this thread made me do 1 thing… call the monster rep that I’ve been ignoring for 2 months to see what all the fuss is about.

By: Martin Snyder

Martin Snyder — Wed, 09 Dec 2009 17:06:07 +0000

Hard to the hoop Ed, but you have to go back to at least 1992 and Resumix on that, (and there is reasonable question about prior art even then)

http://www.patentstorm.us/patents/5164899/description.html

Clearly the money behind Trovix pulled strings at Monster for a nice exit-event on the public tit. Same as it ever was- wish I could have pulled it off…..

By: Ed Farrell

Ed Farrell — Tue, 08 Dec 2009 23:34:31 +0000

What year is it? 2009. At CareerSite we introduced technology that was almost the same in 1995. Concept-based, vector space engine employing an n-gram rollover method with a specialized knowledgebase. They do have a much slicker implementation using new UI techniques. I guess it did not take that long for another player to duplicate and improve upon what we pioneered 14 years ago. I give those Trovix guys a ton of credit for getting $72.5 million. It seems to reflect either great selling skills, cluelessness or desperation to get into the market with this feature on Monster’s part, or a combination.

By: Robert Bialk

Robert Bialk — Wed, 25 Nov 2009 14:34:50 +0000

Dennis you caught me…we all do a little self promoting on these posts!I agree with your statements. We endorse and embrace all sources. Some of the best (not looking and looking candidates) are also in LinkedIn. Dennnis it sounds like you are in the top of your profession. It truly takes more skill to put a highly selective candidate in PLAY.Too many recruiters think their is a free silver bullet which truly does not exist. While resumes do not exist on LinkedIn; I am amazed at how well our scoring works with LinkedIn profiles. The wealth of talent that can be quickly sourced via free, paid and LinkedIn is incredible. Getting job orders and quickly matching quality talent is the key to recruiters success.

By: Dennis Stuempfle

Dennis Stuempfle — Wed, 25 Nov 2009 14:18:40 +0000

Was that an Ad for Talentfilter? There are a lot of tools like that on the market but you still need good recruiters conducting the searches and determining the best candidates. As baby boomers retire and create a shortage of rougly 6-8 million professionals, the fine art of recruiting will be more critical. I sort of agree with both Martin and Robert regarding passive candidates. But I think we all have a different view of passive. I have candidates who do not post, are employed and are really good. They’re highly selective and they aren’t killing themselves looking for a new position. BUT they are in play. If I present the right position to them, they will implement a job change. That to me is a passive candidate as contrasted from an active candidate who is posted on every job board, contacting every recruiter, and mass mailing their resume to hundreds of companies I’ve heard people label passive as the candidate who really likes their job and who isn’t looking at all. I would argue that that person is not a candidate at all.

By: Robert Bialk

Robert Bialk — Tue, 24 Nov 2009 22:58:12 +0000

I wish Monster the best of luck. TalentFilter from TalentDrive delivers conceptual and keyword results. With the resume tsunami around the corner recruiters will not have the time to sift thru the mass volume of resumes available on free and paid sites. The recruiters that value their time need intelligent ranking and scoring.

Martin I agree with passive comment with 46% of workforce looking for change and over 10% unemployed…the lines between “active” and “passive” are blurred.

By: gregg dourgarian

gregg dourgarian — Tue, 24 Nov 2009 20:55:22 +0000

Michelle, what profit are you talking about? Monster has lost more than $100 million in the last three years.

Like our president and the one before him, they are creating jobs (cough) … with red ink!

By: Todd Raphael

Todd Raphael — Tue, 24 Nov 2009 20:15:41 +0000

Gregg, I agree with you. I don’t love it when vendors just pump their products out of context. But I think Monster providing useful tips is valuable. Todd