Hcareers, the online job board for the hospitality industry, has increased its revenues by 110%, to $3.5 million*. As the only cash profitable and growing job board with over 90 employees, according to Hcareers they are posting better revenue and growth than even Monster.com.
According to IDC, the worldwide Internet recruitment market grew 53% in 2001. However, leading job boards continue to post negative results. Monster.com''s owner TMP Worldwide announced a 24% decrease in revenue for its second quarter ending June 30, 2002 from the same time last year.
This clearly shows that specialist job boards, such as Hcareers, can beat the job board giants at their own game, said David Curry, president & CEO of Hcareers. Monster cannot be all things to every industry. More and more employers are advertising for staff where the most relevant job seekers are looking, and for the hospitality industry, that''s Hcareers.
Hcareers has over five times as much hospitality specific traffic than any site on the Net, including Monster. With a current North American customer base of 2,700 employers out of a potential one million, Hcareers'' dominance will only continue to expand, added Curry.
Cattlemens found that Hcareers delivered far more qualified candidates than Monster, said Steve Hade, chief administrative officer at Cattlemens Inc. Monster could not deliver close to the amount of resumes received using Hcareers. We made the switch to a vertical job board because it really does deliver the best pool of job seekers our market has to offer.
In addition to a significant jump in revenue, Hcareers has more than doubled its staff in the past 12 months to 90 employees. Based on Hcareers'' analysis of Monster.com''s percentage cut in payroll, the site would have cut its staff by 20% based on TMP''s published results for the second quarter.
Hcareers allows job seekers to search thousands of hospitality openings across the country, by state, metro area or position category. More than 7,500 openings are live on Hcareers that have been posted in the last 45 days alone.
* Based on increase from April - June 2001 compared to the same time period in 2002
About Hcareers
Launched in 1998, Hcareers operates three sites, Hcareers.com (U.S.), Hcareers.ca (Canada) and Hcareers.co.uk (United Kingdom, Ireland), which all focus solely on hospitality career openings. Job seekers who visit Hcareers can search a database of 7,500 hospitality-industry job openings. Hcareers localizes its listings to make it easy for site visitors to search for positions by region of the U.S., by state or by metropolitan area. A dominant force in hospitality-industry recruiting, the site attracts 2.5 million job seeker visits each month, and has had 32,000 resumes posted by job seekers in the last 90 days. Hcareers also sends out a bi-monthly email newsletter to more than 200,000 people interested in news and advice on hospitality-industry careers. For more information, please go to
Hcareers reveals over 100% increase in revenue and staff in 12 months
.