Monster Power Cv Search

Apr 7, 2010Download as PPTX, PDF2 likes866 views

The document describes Monster Power CV Search, a tool that uses natural language processing to understand concepts in resumes rather than just keywords. It can recognize the depth and recency of a candidate's experience, distinguish between required and optional skills, and automatically identify related skills. The tool understands contexts, job titles, industries, and the hierarchy of concepts. It also evaluates the length of time a candidate has spent in roles or using skills. The document claims the tool finds qualified candidates faster and saves recruiters significant time over traditional keyword searches.

Monster Power CV Search™Search. Match. Connect

Imagine If You Could…Recognise candidate’s breadth and depth of experience?Identify job hoppers from long-tenured employees?Distinguish “must have” vs. “nice to have” skills?Assess context of experience (i.e. 3 months vs. 10 yrs)?Score a candidate based on recent vs. outdated skills?Automatically identify related skills?Understand the latest industry acronyms?…All at lightning speed?

Introducing Monster’s 6Sense™ Search Technology3Understands conceptsSearches on the meaning of wordsUnderstands job titles, skills, industries, education etc.Understands the hierarchy of conceptsIntelligently handles abbreviations, acronymsUnderstands contextKnows the difference between:Cambridge University

George CambridgeUnderstands difference between recent/dated experienceEvaluates the length of time using a skill or holding a job

Monster Power CV SearchTM Finds Your Best Candidates

The Power CV Search DifferenceSo now, instead of typing this:(“Director of Corporate Finance” OR “Dir. Of Finance” OR “Director, Finance”) AND ((“GAAP” OR “SOX” OR “SOX 404” OR “Financial Audit” OR “Audit” or “Financial Disclosure”) NEAR (“to present” OR “current”)) AND NOT (“White” OR White Sox”)All you need to type is this:Director of FinanceGAAP SOX5

Pinpoint Specific Candidate QualificationsAdvanced Search Features allow even further filteringEducation levelCompany nameSchool/UniversityFull or Part-time statusJob Duration

Stop Looking and Start Finding Your Next Hire

Saving You Time and EffortResults are scored and rankedMatching skills are noted with green dotsDepth of experience is citedCurrent position is noted

Customer BenefitsMonster Study ResultsSource: Data collected from 48 recruiters, managers and executives from 15 US enterprise customers after hands-on testing of PCVS vs. various Keyword Searches10Time saved using PCVS vs other keyword based searchesIncrease in the number of qualified candidates foundRecruiters who preferred using PCVS over other keyword based searchesRecruiters who believe PCVS found qualified candidates faster65%150%90%97%

Get a Monster® Advantage with Power CV SearchProvides unrivaled match resultsIs easy to useBoosts productivityFacilitates better hiring decisionsStop looking andstart finding your next hire on Monster.11

Moving from Keywords to ConceptsDirector of FinanceKEYWORD:n. a wordthat serves as a key, as to the meaning of another word, sentence, or passage.Is too literal and limitingGives all words equal weightingRequires tweaking and tuningCONCEPT:n. a general notion or idea.Captures the ideas behind wordsEnables users to perform broad searches without having to enter numerous variations of a keywordEliminates the need for complex Boolean logic(“Director of Corporate Finance” OR “Dir. of Finance” OR “Director, Finance”) AND ((“GAAP” OR “SOX” OR “Tax Audit” OR “Revenue Recognition” OR “SOX 302” OR “SOX 404” OR “Financial Audit” or “Audit” “or “Financial Disclosure”) NEAR (“to present” OR “current”)) AND NOT (“White” OR “White Sox”)13

SkillsAccountingGAAPSOXFASBRevenueRecognitionFinancialAuditSOX 404SOX302VSOEFinancialDisclosureFraudInvestigationUnderstanding the Meaning of WordsUnderstands job title concepts, skill concepts, education concepts, etc.Understands the hierarchy of conceptsIntelligently handles misspellings, acronyms, punctuation, and more14

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Monster Power Cv Search

1. Monster Power CV Search™Search. Match. Connect

2. Imagine If You Could…Recognise candidate’s breadth and depth of experience?Identify job hoppers from long-tenured employees?Distinguish “must have” vs. “nice to have” skills?Assess context of experience (i.e. 3 months vs. 10 yrs)?Score a candidate based on recent vs. outdated skills?Automatically identify related skills?Understand the latest industry acronyms?…All at lightning speed?

3. Introducing Monster’s 6Sense™ Search Technology3Understands conceptsSearches on the meaning of wordsUnderstands job titles, skills, industries, education etc.Understands the hierarchy of conceptsIntelligently handles abbreviations, acronymsUnderstands contextKnows the difference between:Cambridge University

4. Cambridge Farms

5. 123 Cambridge Avenue

6. George CambridgeUnderstands difference between recent/dated experienceEvaluates the length of time using a skill or holding a job

7. Monster Power CV SearchTM Finds Your Best Candidates

8. The Power CV Search DifferenceSo now, instead of typing this:(“Director of Corporate Finance” OR “Dir. Of Finance” OR “Director, Finance”) AND ((“GAAP” OR “SOX” OR “SOX 404” OR “Financial Audit” OR “Audit” or “Financial Disclosure”) NEAR (“to present” OR “current”)) AND NOT (“White” OR White Sox”)All you need to type is this:Director of FinanceGAAP SOX5

9. Pinpoint Specific Candidate QualificationsAdvanced Search Features allow even further filteringEducation levelCompany nameSchool/UniversityFull or Part-time statusJob Duration

10. Stop Looking and Start Finding Your Next Hire

11. Saving You Time and EffortResults are scored and rankedMatching skills are noted with green dotsDepth of experience is citedCurrent position is noted

12. Helping You Make Informed Decisions

13. Customer BenefitsMonster Study ResultsSource: Data collected from 48 recruiters, managers and executives from 15 US enterprise customers after hands-on testing of PCVS vs. various Keyword Searches10Time saved using PCVS vs other keyword based searchesIncrease in the number of qualified candidates foundRecruiters who preferred using PCVS over other keyword based searchesRecruiters who believe PCVS found qualified candidates faster65%150%90%97%

14. Get a Monster® Advantage with Power CV SearchProvides unrivaled match resultsIs easy to useBoosts productivityFacilitates better hiring decisionsStop looking andstart finding your next hire on Monster.11

15. Appendix12

16. Moving from Keywords to ConceptsDirector of FinanceKEYWORD:n. a wordthat serves as a key, as to the meaning of another word, sentence, or passage.Is too literal and limitingGives all words equal weightingRequires tweaking and tuningCONCEPT:n. a general notion or idea.Captures the ideas behind wordsEnables users to perform broad searches without having to enter numerous variations of a keywordEliminates the need for complex Boolean logic(“Director of Corporate Finance” OR “Dir. of Finance” OR “Director, Finance”) AND ((“GAAP” OR “SOX” OR “Tax Audit” OR “Revenue Recognition” OR “SOX 302” OR “SOX 404” OR “Financial Audit” or “Audit” “or “Financial Disclosure”) NEAR (“to present” OR “current”)) AND NOT (“White” OR “White Sox”)13

17. SkillsAccountingGAAPSOXFASBRevenueRecognitionFinancialAuditSOX 404SOX302VSOEFinancialDisclosureFraudInvestigationUnderstanding the Meaning of WordsUnderstands job title concepts, skill concepts, education concepts, etc.Understands the hierarchy of conceptsIntelligently handles misspellings, acronyms, punctuation, and more14

18. Understanding the Importance of ContextCONTEXT:n. 1. parts that precede or follow a word or passage that can influence its meaning or effect. 2. circumstances or facts that surround a particular event or situation. KEYWORDS:Do not distinguish between recent and dated experience.Do not identify the length of time using a skill or holding a job.Do not recognise the difference between:Cambridge UniversityCambridge Farms123 Cambridge AvenueGeorge Cambridge15

19. Understanding Relevancy and RecencyHow Recently UsedHow Long UsedUnderstands the context of an uploaded resume.Considers length of time using a skill, how recent the experience is, total years of experience, tenure in a job.Differentiates between company names, skills, address, schools, certifications, and more.Scores and ranks based on overall match.

20. Power CV Search Offers:Identification of relevant skills and titles

21. Understanding of depth, breadth, and recency of experience

22. Recognition of rare vs. common skills

23. Balancing of required vs. nice-to-have

24. At-a-glance overview of qualifications

25. Side-by-side candidate comparisons

26. Automatic resume scoring and ranking

27. Easy search modification

28. Integrated candidate management and communication toolsDelivers unrivaled search resultsFacilitates better hiring decisionsBoosts productivityPromotes ease of useBrings effortless flexibilityMaintains seamless integration17

Editor's Notes

#2: Monster Power CV Search is a brand new product that combines Monster’ s vast CV database with cutting-edge, proprietary matching technology to show you the most qualified candidates, ranked on the factors you care about.It is an online recruitment tool that thinks like a hiring professional!Monster Power CV Search is very different from ANY other competing product - It’s time to stop looking and start matching your next hire.
#3: IMAGINE IF… there was a CV search engine so intelligent it could Differentiate between someone who is currently using the skills you are looking for and someone who used them 10 years ago? Understand that UCL and University College London were the same thing Understand that a search for “nurse” should return RN and LN candidates and that “lawyer” should return “lawyer” and “counsel” Dynamically identify skills related to what you were looking for?…Even though you may be an experienced Boolean user, keyword searches only return CV’s that contain your search words. A search for “Executive” may return Executive Assistants and Financial Executives. Keyword searches look for an exact match without understanding context, relevancy or recency of a candidate’s experience.As a result, there is a risk of identifying matches with candidates whose experiences drastically differ from the intended search. Recruiters spend countless hours going through unqualified CV’s as well as rating and ranking those that are qualified.
#4: Monster is redefining Search and Match. Monster’s 6Sense™ search technology is our new semantic search engine. It powers a suite of products—Power CV Search, Candidate Spotlight, and seeker job search (beta)—to deliver precise, relevant results that match people with your opportunities faster and better than ever before.6Sense represents breakthroughs in a range of search technologies including parsing, tagging, conceptual search and contextual search. The combination of these advances provides better, more precise results for recruiters. Conceptual search: Applications powered by 6Sense understand the meaning of words including job titles, skills, industries and education. For example, a search for “nurse” will yield seekers with “RN” and “LN” in their CV. The applications will also understand that someone with SOX experience has an accounting background and someone with JAVA experience has worked as a programmer. Applications powered by 6Sense will even intelligently handle abbreviations and acronyms.Contextual search: Applications powered by 6Sense understand the recency and relevancy of information. For example, applications would place a higher importance on experience found in a recent job than experience found in a job from 10 years ago. In addition, experience found in a summary section of a CV is given a lower ranking than experience found in a current position. Lastly, applications will understand the context in which words are used. For example, applications will differentiate between George Cambridge, 123 Cambridge Street and Cambridge University.
#5: Powered by 6Sense technology, Monster Power CV Search provides the best candidate matches with the least effort.Power CV Search takes a fundamentally more advanced approach to finding qualified candidates – by matching candidates on meaningful qualifications such as skills, education, and location, and most importantly on recent and relevant experience.You are in control. The interface is simple and easy to use. Enter the qualifications you are looking for in our user-friendly interface. Long Boolean search strings are not necessary. You can even specify if a skill is required, or nice to have, all with a single click.
#6: Unlike any other��automated solution on the market, Power CV Search identifies candidates for your jobs based on recent and relevant experience and skills.Save time and find the candidates you need that match your requirements.
#8: Concept matching delivers more qualified candidates that meet job requirements.Candidates are scored and ranked based on recent and relevant experience and skills. No more searching through lists of unqualified candidates. No more spending hours ranking candidates. Power CV can do this for you.A Summary of qualifications and side-by-side comparisons help you make informed decisions, faster.
#9: The degree of match is reflected by a score that let’s you easily see the best match firstMaximise your recruitment budget and spend your time interviewing top candidates, not sorting CV’s.The time you save is money in the bank.
#10: Candidate Compare allows you to compare up to 5 candidates side by side. Save time by comparing qualifications, experience levels, salary and more. You can print the chart or move any candidate to a folder. No other Competitor offers this feature.
#12: Unrivaled search results – Simply enter what it is you’re looking for in a candidate. The search engine will make trade-offs between the essential and nice-to-have requirements.Get a Monster® Advantage Today:Ease of use – As you type, Power CV Search recognises alternate names for titles and related skills—no more need for numerous or exact keywords. Plus, you can save your search when you are through for future use.Boosts productivity – Minimises the burden of sorting through poorly matched resumes—get candidate qualifications at an easy glance.Better hiring decisions – With Power CV Search’s unique “Candidate Compare” you can easily compare candidates’ qualifications side by side.

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Editor's Notes