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Veteran Talent IndexU.S. Job ConditionsInsights and Analysis from VeteranProfessionals, Recruiters and Hiring ManagersNove...
Monster Insights: Our VisionFor over 10 years, Monster Insights has provided human capital information, researchand data t...
A real-time indicator of online job demand in NA,Europe and Asia NA Indices – Monthly analysis of U.S. and CA national onl...
Monster                                Every second on Monster Worldwide’s global websites                                ...
Veteran Talent Indices (VTI) | IntroductionMonster is dedicated to helping employers hire the dedicated service members an...
VTI | Market Conditions   The U.S. veteran population is currently 21.5 million strong   Their population will continue to...
VTI | Market Conditions   Over the past three (3) years, the veteran unemployment rate has mostly hovered   below the Nati...
VTI | About the IndicesThe focus of indices will be those who find themselves transitioning out of military lifeThey are a...
VTI | Veteran Sentiments                                                           61%         respondents feel challenged...
VTI | Veteran Career Confidence IndexThe Veteran Career Confidence Index monitors veterans’ confidence to find a jobcombin...
VTI | Veteran Job Search Activity IndexThe Veteran Job Search Activity Index monitors transitioning veterans’ job searchac...
VTI | Veteran Job Search Activity IndexListed below are the top 10 veteran search keywords and the top 10 keywords thatemp...
VTI | Employer Veteran Hiring IndexThe Employer Veteran Hiring Index monitors employer willingness to recruit and retainve...
VTI | Employer Veteran Hiring IndexMore than 60% of employers surveyed feel motivated to hire veterans based on theirquali...
VTI | Employer Veteran Hiring IndexEmployers, however, are more optimistic than veterans about their transition; 77% ofemp...
VTI | So….What Does This Mean for the Veterans Be Confident and   Translate Your       Target In-demand  Communicate      ...
VTI | Recommendations for Employers                   Hire Veterans
VTI | For More InformationMonster will release the Veterans Talent Index around Memorial Day andVeterans Day each yearThes...
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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 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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Veterans Talent Index - Monster.com

  1. 1. Veteran Talent IndexU.S. Job ConditionsInsights and Analysis from VeteranProfessionals, Recruiters and Hiring ManagersNovember 2011Presented by Jesse Harriott, PhDChief Knowledge Officer, Monster Worldwide
  2. 2. Monster Insights: Our VisionFor over 10 years, Monster Insights has provided human capital information, researchand data tools to help our customers with strategic workforce decisions Attract Human Capital Topics Employment Trends Recruiter/Seeker Behavior Supply/Demand Insights Global polls to take the pulse of the job market Advance Acquire 2
  3. 3. A real-time indicator of online job demand in NA,Europe and Asia NA Indices – Monthly analysis of U.S. and CA national online job demand and the top 28 U.S. markets with the largest working populations European Index – Monthly online job opportunities across 24 European countries (detailed reports for Belgium, Europe, France, Germany, Italy, the Netherlands, Sweden, the United Kingdom) Asia Index – Quarterly snapshot of online job demand across India and several Gulf countries 3
  4. 4. Monster Every second on Monster Worldwide’s global websites > 88 job searches are performed > 55 jobs are viewed Every minute on Monster Worldwide’s global websites > More than 5,200 job searches are performed > Almost 3,200 jobs are viewed > 34 new resumes are added to our global database Every month on Monster Worldwide’s global websites > More than 227.2 million job searches are performed > More than 142.0 million jobs are viewed > Almost 1.5 million new resumes are added to our global databaseSource: Monster Internal Data
  5. 5. Veteran Talent Indices (VTI) | IntroductionMonster is dedicated to helping employers hire the dedicated service members andVeterans find civilian positions that utilize their experiences and skills. 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 Employers can leverage the U.S. Military’s $140 billion per year spent on education and training and tap into the 200,000 service members that transition to the civilian workforce each year1Source: Department of Veteran Affairs, US GovernmentSpending.com; U.S. Dept of Labor 5
  6. 6. VTI | Market Conditions The U.S. veteran population is currently 21.5 million strong Their population will continue to decline, reaching a low of under 15 million by 2035 The size of the Gulf Era II veterans is increasing by an average 10% a yearSource: Bureau of Labor Statistics, www.bls.gov 6
  7. 7. VTI | Market Conditions Over the past three (3) years, the veteran unemployment rate has mostly hovered below the National rate Gulf War II veterans unemployment levels recently exceeded 15% (Q1 2011) In September 2011, the unemployment rate for Gulf War II veterans was 11.7% > The highest level of unemployment within this segment was reached by males aged 18-24 in 2010, with a soaring 21.9% unemployment rateSource: Bureau of Labor Statistics, www.bls.gov 7
  8. 8. VTI | About the IndicesThe focus of indices will be those who find themselves transitioning out of military lifeThey are a broad group of service members, Veterans, National Guard, and Active and InactiveReserve members, all of whom have either been out of the military for less than five (5) yearsor plan to leave the military in the next year. In this report, they are referred to as Veterans. Veteran Career Veteran Job Employer Confidence Search Activity Veteran Hiring Index Index Index • This Index • This Index • This Index monitors monitors monitors Veterans’ transitioning employer confidence to Veterans’ job willingness to find a job search activity recruit and retain combined with and the Veteran Talent the level of skills resources they as well as the they acquired use perception of during and after veteran talent the military performanceSource: Department of Veteran Affairs, US GovernmentSpending.com; U.S. Dept of Labor 8
  9. 9. VTI | Veteran Sentiments 61% respondents feel challenged finding a job that matches what they want in terms of salary and location Only 53% of surveyed veterans agreed that they were prepared for their career transition out of the militarySource: Monster Veteran Career Confidence Index 9
  10. 10. VTI | Veteran Career Confidence IndexThe Veteran Career Confidence Index monitors veterans’ confidence to find a jobcombined with the level of skills they acquired during and after the militaryThe November 2011 Index is a moderate 50 on a scale of 0-1001) Veterans confidence in finding a job – the majority (66%) of respondents are not confident about finding work that suits them2) Most important skills acquired by veterans during or after the military – over three-fourths of respondents agree the most important skills acquired during or after the military include: Attention to Detail, Teamwork, Self-Discipline, Decision Making, Problem Solving, and Calm Under StressSource: Monster Veteran Career Confidence Index 10
  11. 11. VTI | Veteran Job Search Activity IndexThe Veteran Job Search Activity Index monitors transitioning veterans’ job searchactivity and the resources they useThe November 2011 Index is a 74 on a scale of 0-1001) Veterans likelihood to look for a job in the next 12 months – over three-quarters (82%) of respondents will be looking for work within the year2) Most important job search resources used by veterans – over three-quarters of respondents agree that their personal networks and online job boards are the most common and useful ways to job search. Online networking/ social networks and in-person job fairs were used and seen as useful by nearly two-thirds of the respondents Source: Monster Veteran Job Search Activity Index 11
  12. 12. VTI | Veteran Job Search Activity IndexListed below are the top 10 veteran search keywords and the top 10 keywords thatemployers used when searching for veterans Top 10 Veteran Search Terms Top 10 Employers Search Terms 1. Management 1. Military Officer 2. Human Resources 2. Maintenance Supervisor 3. Security 3. Manager 4. Customer Service 4. Manage Operations 5. Leadership 5. Administrative Assistant 6. Metrics 6. Maintenance 7. Manufacturing 7. Construction 8. Moving or Storage or 8. Sales Warehouse and Operations 9. Registered Nurse 9. Engineer 10. General Maintenance 10. SalesSource: Monster Veteran Job Search Activity Index 12
  13. 13. VTI | Employer Veteran Hiring IndexThe Employer Veteran Hiring Index monitors employer willingness to recruit and retainveteran talent as well as the perception of veteran talent performanceThe November 2011 Index is a 70 on a scale of 0-1001) Employer’s Hiring Veteran Workers – 70% of surveyed employers reported they had hired more than one veteran within the past year2) Comparison of Work Performance of Veterans to Non-Veterans – nearly all surveyed (99%) who had hired a veteran felt their work experience was about the same or much better than non-veteran workers. 69% of employer respondents felt that veteran workers perform their job functions ‘much better’ compared to non-veteransSource: Monster Veteran Hiring Index 13
  14. 14. VTI | Employer Veteran Hiring IndexMore than 60% of employers surveyed feel motivated to hire veterans based on theirqualifications and prior work experienceNearly all (98% ) who had hired a veteran would hire a veteran again Employers are Motivated to Hire VeteransSource: Monster Veteran Hiring Index 14
  15. 15. VTI | Employer Veteran Hiring IndexEmployers, however, are more optimistic than veterans about their transition; 77% ofemployers agreed that “Veterans or those with prior military experience are preparedfor a career transition out of the military.” Employers suggest veterans can better convey their experienceVeterans need to be prepared to help an employer see the value of their prior military experience and actively explain how it can be applied to the job in questionSource: Monster Veteran Hiring Index 15
  16. 16. VTI | So….What Does This Mean for the Veterans Be Confident and Translate Your Target In-demand Communicate Military Skill Set jobs PAVE YOUR WAY TO A SUCCESSFUL FUTURE
  17. 17. VTI | Recommendations for Employers Hire Veterans
  18. 18. VTI | 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:Jesse HarriottChief Knowledge Officer, Monster WorldwideJesse.harriott@monster.com

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