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Veterans Talent Index - Monster.com
Veterans Talent Index - Monster.com
Veterans Talent Index - Monster.com
Veterans Talent Index - Monster.com
Veterans Talent Index - Monster.com
Veterans Talent Index - Monster.com
Veterans Talent Index - Monster.com
Veterans Talent Index - Monster.com
Veterans Talent Index - Monster.com
Veterans Talent Index - Monster.com
Veterans Talent Index - Monster.com
Veterans Talent Index - Monster.com
Veterans Talent Index - Monster.com
Veterans Talent Index - Monster.com
Veterans Talent Index - Monster.com
Veterans Talent Index - Monster.com
Veterans Talent Index - Monster.com
Veterans Talent Index - Monster.com
Veterans Talent Index - Monster.com
Veterans Talent Index - Monster.com
Veterans Talent Index - Monster.com
Veterans Talent Index - Monster.com
Veterans Talent Index - Monster.com
Veterans Talent Index - Monster.com
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Veterans Talent Index - Monster.com

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Thousand of employers across the country want to hire military veteran talent but they don’t have visibility into where those veterans are and how to best apply their skills to their talent needs. At …

Thousand of employers across the country want to hire military veteran talent but they don’t have visibility into where those veterans are and how to best apply their skills to their talent needs. At the same time, transitioning military service members and veteran job seekers are looking for visibility into where the jobs are so that they can apply and better position themselves for those jobs. To address this, Monster.com®, the worldwide leader in connecting people to job opportunities and the flagship brand of Monster Worldwide, Inc. (NYSE: MWW), unveiled the first-ever Veterans Talent Index (VTI), an innovative new tool to help connect veterans and employers more effectively, using bi-annual data to provide a regular snapshot of the veteran hiring landscape. This new Index from Monster comes at a critical time when there’s an influx of veterans entering the civilian workforce, providing a sizeable opportunity for employers.

In addition to the Veterans Talent Index, Monster and Military.com (owned by Monster) share an ongoing commitment to veteran hiring needs, and already work with thousands of companies that recognize veterans’ unique talents and want to hire them. Through our online Military Skills Translator (developed by Military.com), for example, Monster helps veterans decode their military abilities into civilian equivalents and connect them to these employers.

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  • 1. Veterans Talent IndexU.S. Job ConditionsInsights and Analysis from VeteranProfessionals, Recruiters and Hiring ManagersNovember 2012
  • 2. Spokespeople Jeff Quinn Steve Cooker Rear Adm. T. McCreary, Vice President, Global Executive Vice President US Navy (retired) Monster Insights for Monster Global Government President, Military.com and Worldwide Solutions, Vice President for Monster Monster Worldwide WorldwideCopyright © 2012 by Monster, Worldwide Inc. All rights reserved. No part of this publication may bereproduced, stored in a retrieval system or transmitted in any form by any means, electronic, mechanical,photocopying, recording or otherwise without the prior written permission of Monster, Worldwide Inc.
  • 3. Why Monster . . . Monster Monster Government Military.com Solutions Worldwide leader in Focused exclusively Preeminent memberconnecting people to job on the organization for active opportunities workforce needs duty military, veterans, of the public sector and spouses We recognized that going beyond basic veterans unemployment statistics would facilitate change... …and we knew we could Copyright © 2012 by Monster, Worldwide Inc. All rights reserved. No part of this publication may be reproduced, stored in a retrieval system or transmitted in any form by any means, electronic, mechanical, photocopying, recording or otherwise without the prior written permission of Monster, Worldwide Inc.
  • 4. Why Now . . . Annual Unemployment Rates for Civilians and Gulf War-era II VeteransKey Points 30.2 Gulf War Era II veterans are on the 18.9 rise, roughly up 9% per year 16.4 16.1 11.5 12.1 9.4 8.7 18-24 veterans are struggling to find employment (2011, 30.2%) Veterans, Gulf War- Civilians Veterans 18-24 Civilians 18-24 era II veterans Unemployment rates for Gulf War Era II 2010 2011 veterans (Q3, 9.9%) remain higher than Non-veterans (Q3, 7.9%) Q3 2012 Unemployment Rates for Female Gulf War Era II veterans Males and Females (Q3, 12.9%) are seeing the most 12.9 obstacles in the labor market 9.9 9.4 9.9 7.9 7.8 8.0 6.7 6.4 Male Gulf War Era II veterans (Q3, 9.4%) are also seeing a higher unemployment rate than non-veteran males (Q3, 7.8%) Over 18 Years Male Female Non-Veterans Veterans Gulf War-era II Source: Bureau of Labor Statistics, www.bls.gov, October 2012Copyright © 2012 by Monster, Worldwide Inc. All rights reserved. No part of this publication may bereproduced, stored in a retrieval system or transmitted in any form by any means, electronic, mechanical, 4photocopying, recording or otherwise without the prior written permission of Monster, Worldwide Inc.
  • 5. Veterans Talent Indices (VTI) | IntroductionMonster is dedicated to helping employers hire the dedicated men and women who served our countryand to helping our nation’s veterans find civilian positions that utilize their experiences and skills Launched November 2011 Timing: Memorial Day, Veterans Day Veterans represent an elite and diverse talent pool available for hire Most possess transferrable skills, professional discipline and positive attributes identifiable in today’s evolving workforce Copyright © 2012 by Monster, Worldwide Inc. All rights reserved. No part of this publication may be reproduced, stored in a retrieval system or transmitted in any form by any 5 means, electronic, mechanical, photocopying, recording or otherwise without the prior written permission of Monster, Worldwide Inc.
  • 6. Veterans Talent Indices (VTI) | IntroductionMonitors veterans’ confidence in Veteran Career finding jobs and skills acquired Confidence during and after service Index Monitors how employers who have hired multiple veterans in the past year Veteran Employer compare their work Monitors transitioning Job Veteran performance to non- veterans’ job search Search veteran employees Hiring activity and resources Activity Index Index Copyright © 2012 by Monster, Worldwide Inc. All rights reserved. No part of this publication may be reproduced, stored in a retrieval system or transmitted in any form by any 6 means, electronic, mechanical, photocopying, recording or otherwise without the prior written permission of Monster, Worldwide Inc.
  • 7. Key Findings
  • 8. Key Findings | Veterans Confidence in finding jobs falls for the second consecutive period 75% are not confident in finding a job Females are less confident than males 50% cite five or more challenges towards finding employment Job search activity continues to rise Struggle to communicate with employersCopyright © 2012 by Monster, Worldwide Inc. All rights reserved. No part of this publication may bereproduced, stored in a retrieval system or transmitted in any form by anymeans, electronic, mechanical, photocopying, recording or otherwise without the prior written permission ofMonster, Worldwide Inc.
  • 9. Key Findings | Employers Are hiring more veterans Hire the best candidate for the job, regardless of status Feel that veterans are generally unprepared for the transition Struggle to communicate with veteransCopyright © 2012 by Monster, Worldwide Inc. All rights reserved. No part of this publication may bereproduced, stored in a retrieval system or transmitted in any form by anymeans, electronic, mechanical, photocopying, recording or otherwise without the prior written permission ofMonster, Worldwide Inc.
  • 10. VeteransCareer Confidence Index
  • 11. Career Confidence | Index Drops Again Veterans Career Confidence Index 56 54 50 Down 11% YoY Nov-11 May-12 Nov-12 Index Scale 0-100Source: Monster Veteran Career Confidence IndexCopyright © 2012 by Monster, Worldwide Inc. All rights reserved. No part of this publication may bereproduced, stored in a retrieval system or transmitted in any form by any 11means, electronic, mechanical, photocopying, recording or otherwise without the prior written permission ofMonster, Worldwide Inc.
  • 12. Career Transition | Veterans Are Not Prepared 65% said they felt challenged finding a job that matches what they want in terms of salary and locationOnly 43% said that theyfelt prepared for their transition –down from 53% in November 2011Female veterans felt slightly more prepared (46%) totransition from the military than their male counterparts (43%) Source: Monster Veteran Career Confidence Index Copyright © 2012 by Monster, Worldwide Inc. All rights reserved. No part of this publication may be reproduced, stored in a retrieval system or transmitted in any form by any 12 means, electronic, mechanical, photocopying, recording or otherwise without the prior written permission of Monster, Worldwide Inc.
  • 13. Prepared Veterans | Lack Confidence Confident Not Confident 43% veterans who felt ready to transition 30% 70% 57% veterans who felt not ready to transition 15% 85% Veterans who felt READY TO TRANSITION are more CONFIDENT about finding a job, although there is significant room for improvementCopyright © 2012 by Monster, Worldwide Inc. All rights reserved. No part of this publication may bereproduced, stored in a retrieval system or transmitted in any form by anymeans, electronic, mechanical, photocopying, recording or otherwise without the prior written permission ofMonster, Worldwide Inc.
  • 14. VeteransJob Search Activity Index
  • 15. Job Search Activity | On the Rise Veterans Job Search Activity Index 77 80 74 Up 8% YoY Nov-11 May-12 Nov-12 Index Scale 0-100Source: Monster Veteran Job Search Activity IndexCopyright © 2012 by Monster, Worldwide Inc. All rights reserved. No part of this publication may bereproduced, stored in a retrieval system or transmitted in any form by any 15means, electronic, mechanical, photocopying, recording or otherwise without the prior written permission ofMonster, Worldwide Inc.
  • 16. EmployerVeterans Hiring Index
  • 17. Veteran Hiring | Remains Strong Focus Employer Veterans Hiring Index 74 72 71 Down 3% YoY Nov-11 May-12 Nov-12 Index Scale 0-100Source: Monster Veteran Job Search Activity IndexCopyright © 2012 by Monster, Worldwide Inc. All rights reserved. No part of this publication may bereproduced, stored in a retrieval system or transmitted in any form by any 17means, electronic, mechanical, photocopying, recording or otherwise without the prior written permission ofMonster, Worldwide Inc.
  • 18. Veteran Hiring | Strong Commitment Employers remain committed to hiring veterans > 98%of employers would recommend hiring a veteran > Two out of three employers have hired more than one veteran in the last year (69%) Most employers express strong professional and personal commitments to hire veterans > 38% of employers felt their organization has special talent needs that a candidate with military experience would be more qualified at than a candidate with no military experience > Referenced skills: security; ability to make a decision; leadership; motivation; airfield experience; and medical trauma experienceCopyright © 2012 by Monster, Worldwide Inc. All rights reserved. No part of this publication may bereproduced, stored in a retrieval system or transmitted in any form by anymeans, electronic, mechanical, photocopying, recording or otherwise without the prior written permission ofMonster, Worldwide Inc.
  • 19. “Connecting the Dots” a.k.a. Making a Difference
  • 20. Making a Difference| Improve Skills Translation What veterans are searching Occupations with the most opportunity for on Monster.com (postings on monster.com) 1. Security Officer 1. Accounting / Finance / Insurance 2. Customer Service Representative 2. IT/Software Development 3. Manager (General) 3. Sales/Retail/Business Development 4. Administrative Assistant 4. Marketing/Product 5. Sales Representative 5. Medical/Health 6. Assistant Manager (General) 6. Engineering 7. Supervisor (General) 7. Business/Strategic Management 8. Electronics Technician 8. Logistics/Transportation 9. Manager (Security) 9. Biotech/R&D/Science 10. Industrial Maintenance Mechanic 10. Legal 18% of veterans would return to work in government / defense sectorsCopyright © 2012 by Monster, Worldwide Inc. All rights reserved. No part of this publication may bereproduced, stored in a retrieval system or transmitted in any form by any 20means, electronic, mechanical, photocopying, recording or otherwise without the prior written permission ofMonster, Worldwide Inc.
  • 21. Making a Difference | Transitioning Programs Importance of Applying Military Skills to Business Use Recommendations from Employers Disagree Neutral Agree 15% 35% 50% Translation of military skills to corp. job skills 70% Veterans are prepared for a career transition 4% 19% 77% More details on resume 42% Military skills are relevant to civilian careers Better communication of 15% 35% 50% skills during interview 39% Those with prior military experience should be given preferential job opportunities 70% of employers recommend How we communicate can veterans spend the time translating make a huge difference military skills to corporate job skillsCopyright © 2012 by Monster, Worldwide Inc. All rights reserved. No part of this publication may bereproduced, stored in a retrieval system or transmitted in any form by any 21means, electronic, mechanical, photocopying, recording or otherwise without the prior written permission ofMonster, Worldwide Inc.
  • 22. Making a Difference | Connecting Veterans to Jobs Employers say Veterans say veterans should: employers should: Get recommendations Ask a veteran about his/ while in the military PREPARE her evaluations Use all available resources Provide feedback during in your job search USE RESOURCES or after your interview Be proactive… Ask for help NETWORK Build a military-friendly image Understand your skills IDENTIFY SKILLS Understand their skills Invest time and energy Write specific job postings to attract into your search SET EXPECTATIONS the most relevant candidates Take the time to educate yourself Educate yourself EDUCATE on your veteran candidatesCopyright © 2012 by Monster, Worldwide Inc. All rights reserved. No part of this publication may bereproduced, stored in a retrieval system or transmitted in any form by any 22means, electronic, mechanical, photocopying, recording or otherwise without the prior written permission ofMonster, Worldwide Inc.
  • 23. VTI | Q&A
  • 24. Veterans Talent Index| For More InformationMonster will release the Veterans Talent Index around Memorial Day andVeterans Day each yearThese reports provide insight and recommendations to help both thetransitioning service members and their employersCONTACT INFORMATION:Kristen GugliottaSenior Public Relations Manager, Monster Worldwidekristen.gugliotta@monster.com Copyright © 2012 by Monster, Worldwide Inc. All rights reserved. No part of this publication may be reproduced, stored in a retrieval system or transmitted in any form by any 24 means, electronic, mechanical, photocopying, recording or otherwise without the prior written permission of Monster, Worldwide Inc.

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