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Monster (MWW) Announces Contract with Department for Work and Pensions

February 13, 2012 1:06 PM EST
MWW Hot Sheet
Overall Analyst Rating:
    NEUTRAL (Up Up)

EPS Growth %: -20.0%
Online careers and recruitment provider Monster (NYSE: MWW) has signed a contract with the Department for Work and Pensions (DWP) to provide a managed online vacancy taking, filling and automated job matching service. This is part of the DWP Digitisation Programme aimed at providing easy online access to appropriate Government Services and will ultimately enable jobseekers to find more suitable job vacancies more quickly.

The four-year agreement will transform the DWP vacancy posting and job matching service, replacing the current service with Monster’s 6Sense technology, which matches skills and experience with the opportunities available more accurately.


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