02032396441

We received an information pack and follow up call from Monster Recruitment Network several weeks ago. We are a recruitment agency based in London, and we operate within the financial recruitment field. We decided to try out their services and their profile distribution software.  At this moment in time we would say their selection methods are unique.  We have received highly suitable candidates for our vacancies and have managed to place the majority of their applicants into    positions.  They operate a, very good jobs board, for us to advertise on ,but it doesn’t  give as much exposure as the major  jobs boards yet, however the level of candidates they put forward make up for this!  A company we will definitely use again.

Thanks for the post on Monster Recruitment Network.  We just received an email from them to advertise our job vacancies, and your comments have helped us to understand a bit more.  Can you give further information on them eg how many jobs did they advertise for you and what percentage response of suitable candidates did you get?

We have actually had a large response from them, it has actually been a really good service I have nothing to complain about!  
If you are recruiting for finance specific jobs only then it is a perfect place to advertise.
Adding my own jobs up is a bit dauting at first but after you get used to the operating sysem its pretty plain sailing.

Some more information I found on another forum it may help you.

Monster Recruitment Network provides professional recruitment solutions for job seekers and recruitment agents throughout the UK. They put only suitably qualified applicants forward to recruitment agents vacancies, maximising the strength of the application to increase the chances of interview and a successful application turnover. The company has a unique operating system and professional profile matching software that delivers a fast and highly effective service they are located in Regent Street, W1 London and can be contacted by telephone or via email.
The Company is fast and efficient and sets a very high professional standard specialising in the field of financial recruitment.

Monster Recruitment Network offer specialist services to enhance the job seekers prospects and maximise their chances of achieving interview and increasing their interview effectiveness.
Monster Recruitment network offers CV advice, Interview tips guidelines and techniques, in the near future professional standards training solutions.

Monster Recruitment Networks professional profile matching software matches the financial job seeker to relevant financial vacancies through a network of recruitment agencies and then submits the jobs seekers application for interview to the recruitment agent dealing with the vacancy.
The service saves the Recruitment agents having to look through hundreds of CV’s, to find a suitable applicant.

Monster Recruitment Network does the pre selection and screening on the telephone with the job seeker so the recruitment agent is secure in the knowledge that any applicant that is forwarded to them for a vacancy is highly suited to the role which increases the chances of the prospect having a successful application turnover.

Monster Recruitment Network has a steady network of Recruitment agencies all across the UK enabling job seekers seeking financial advisor roles, Investment, compliance, accountancy, a myriad of financial jobs to access vacancies that they would not normally be aware of due to geographical location.

The clients and the search criteria are based on relevant skills and do not discriminate by location as job seekers are often willing to relocate, this enables recruitment agents to access clients that they would not normally be aware of.
Streamlined effective service that benefits recruitment agents and financial job seekers.

One of the best Recruitment companies I have had the pleasure of working with, very effective service fast efficient and to the point, the applicants sent forward have been perfectly suited to my vacancies I couldn’t of asked for anything better, highly recommended.

One of the best Recruitment companies I have had the pleasure of working with, very effective service fast efficient and to the point, the applicants sent forward have been perfectly suited to my vacancies I couldn’t of asked for anything better, highly recommended.

I registered with this company today and they have put my application out for a lot of vacancies, I have been on the phone with recruiters today and it’s gone really well so far.

They really have done their best to help me with everything including preparing me for interviews and assessment centres; I can’t believe how much information there is it’s really great I’m so pleased!
Their even going to provide me with the compliance certificates I need free in my membership, a truly great company I couldn’t ask for a better service.

An excellent company that provide a very valuable service to any recruitment agent who recruits for the finance industry it’s been great to work with them and the quality of service they provide has been nothing short of perfect.
So far we have placed over 30 Vacancies with them and have successfully placed over 20 candidates into vacancies held with us.

Probably one of the very best companies to source your applicants from as they pre screen to ensure they actually meet your client’s requirements.
You will never get applicants from these guys that doesn’t meet your recruitment needs we have used them for a few months now and the quality of applications we have received has been overwhelming.
No more need to skim through hundreds of resumes they do it for us and send us the best suited candidates!
Our success rate has increased dramatically thanks to their hard and meticulous work.

How odd to see all these posts praising this company at the start of a thread.  This site is to report unknown, unwanted or scam telephone calls.  Usually, the only posts praising a company are part of the scam.

I thought it was a reverse telephone directory for people to look up numbers who rang them, there’s no mention of it being for unkind comments.
I’m sure everyone gets complaints at some point no one is perfect but I was talking on a commercial level about our experience with them, not everyone’s experiences are the same  I’ll check this page again in the future, I’ll be interested in seeing what other people think, thanks a lot for letting me know!

I am pretty sure this is a scam, perhaps not directed towards companies looking for staff but aimed at desperate people trying to get a job. They approach people and everything is fine, except your CV is lacking one thing.....and we(scammers) have a course to cover that. omnly x hundred pounds and then we can forward your cv to the company that we are working on behalf of.... so far the guys who have called have used unlisted telehpone numbers.

We are a recruitment agent based in Kent and we use monster recruitment network, for some of our vacancies, we don’t have any problems with the kind of applicants they send forward to us, they do a decent job, suitable candidates so we dont have to worry about people who arent qualified applying for our roles, they’re not the best company out there but they aren’t the worst.

Dan

I cant agree with that assumption mate.  I registered with Monster Recruitment approximately 2 months ago.  They have secured me 2 interviews over the last month (I haven't been successful at getting the job, but I cant blame Monster for that).  I have paid no money whatsoever to Monster for the great service I have received from them, not one single penny, so I don't understand your comment.  The only thing I can think is that you must have been unqualified for the job you went for, and they have tried to help you out with this.  I am not sure, but I think they do help Qualified Graduates to get into this industry, but don't quote me on that, as I am not sure about it.

.Actually that’s true, if you are qualified for a role that you see advertised on their job board, then (PICK UP THE PHONE  & CALL THEM )  they will create you a jobseeker log in to profile match you to jobs that you are qualified for that’s exactly the point of them, they don’t put people forward that aren’t suitable for the vacancies it makes complete sense and stops wasted time for recruiters like us having  to spend time on people not suitable for the vacancy, the best thing to do is actually read the job description and if you do not have the right academics and skills then don’t apply for the job it’s common sense really.

Considering that they courses that they are selling/using are not approved by for example FSA
and hence has no value when seeking emplyment within the finacial industry, it is a scam.
read the fine prints on their site...if yoy can find it!

When you write a post make sure its correct.
Compliance within the UK is a legal requirement.

www.ifslearning.ac.uk

Think you should check your facts before making insinuations about fraud... Cefa training is FSA approved and infact is ordered by distributors direct from the FSA (info im sure can be found via there website) as part of the Cefa course and others involves going into a test centre to sit the evaluation... run by FSA trained regulators!

I have had very little dealings with monster thus far as i am a new-ish job seeker but thus far they have been helpful as i could of asked for.... not pushy and not overly salesy.... i hope they can come through for me jobwise! ive had a couple of positive responses early days!

Just for info ive ran there details through HMRC etc etc and they come back a legitmate UK based business with a PO box address in london

Companies involved in any of the following activities must be regulated by the FSA.
Accepting deposits
Issuing e-money
Effecting or carrying out contracts of insurance as principal
Dealing in investments (as principal or agent)
Arranging deals in investments
Arranging regulated mortgage contracts
Arranging regulated home reversion plans
Arranging regulated home purchase plans
Managing investments
Assisting in the administration and performance of a contract of insurance[7]
Safeguarding and administering investments
Sending dematerialised instructions
Establishing etc. collective investment schemes
Establishing etc. personal pension schemes
Establishing etc. stakeholder pension schemes
Advising on investments
Advising on regulated mortgage contracts
Advising on regulated home reversion plans
Advising on regulated home purchase plans
Lloyd's market activities
Entering into and administering a funeral plan
Entering into and administering a regulated mortgage contract
Entering into and administering a home reversion plan
Entering into and administering a home purchase plan
Agreeing to do most of the above activities
Since 14 January 2005 The FSA (Financial Services Authority) has also been regulating the Motor Industry, applicable when insurance products have been sold in conjunction with the vehicle purchase. This regulation now covering some 5,000 Motor Dealers has focused heavily on the FSA's "Treating Customers Fairly" principles that should be representative of the Motor Dealers trading style.
Statutory objectives


The Financial Services and Markets Act 2000 imposed four statutory objectives upon the FSA:
Market confidence: maintaining confidence in the financial system;
Financial stability: contributing to the protection and enhancement of stability of the UK financial system;
Consumer protection: securing the appropriate degree of protection for consumers; and
Reduction of financial crime: reducing the extent to which it is possible for a business carried on by a regulated person to be used for a purpose connected with financial crime
The Financial Services Act 2010, which was passed by Parliament on 8 April 2010, gave the FSA the additional statutory objective of "Contributing to the protection and enhancement of the stability of the UK financial system" and removed the public awareness objective.[9]
Regulatory principles
The statutory objectives are supported by a set of principles of good regulation which the FSA must have regard to when discharging its functions. These are:
Efficiency and economy: the need to use its resources in the most efficient and economic way.
Role of management: a firm’s senior management is responsible for its activities and for ensuring that its business complies with regulatory requirements. This principle is designed to guard against unnecessary intrusion by the FSA into firms’ business and requires it to hold senior management responsible for risk management and controls within firms. Accordingly, firms must take reasonable care to make it clear who has what responsibility and to ensure that the affairs of the firm can be adequately monitored and controlled.
Proportionality: The restrictions the FSA imposes on the industry must be proportionate to the benefits that are expected to result from those restrictions. In making judgements in this area, the FSA takes into account the costs to firms and consumers. One of the main techniques they use is cost benefit analysis of proposed regulatory requirements. This approach is shown, in particular, in the different regulatory requirements applied to wholesale and retail markets.
Innovation: The desirability of facilitating innovation in connection with regulated activities. For example, allowing scope for different means of compliance so as not to unduly restrict market participants from launching new financial products and services.
International character: Including the desirability of maintaining the competitive position of the UK. The FSA takes into account the international aspects of much financial business and the competitive position of the UK. This involves co-operating with overseas regulators, both to agree international standards and to monitor global firms and markets effectively.
Competition: The need to minimise the adverse effects on competition that may arise from the FSA's activities and the desirability of facilitating competition between the firms it regulates. This covers avoiding unnecessary regulatory barriers to entry or business expansion. Competition and innovation considerations play a key role in the FSA's cost-benefit analysis work. Under the Financial Services and Markets Act, the Treasury, the Office of Fair Trading and the Competition Commission all have a role to play in reviewing the impact of the FSA's rules and practices on competition.
Retail consumers
The FSA has a priority of making retail markets for financial products and services work more effectively, and so help retail consumers to get a fair deal. Over several years, the FSA has developed work to raise levels of confidence and capability among consumers. Since 2004, this work is described as a national strategy on building financial capability in the UK. This programme is comparable to financial education and literacy strategies in other OECD countries, including the United States.
In June 2006, the FSA created its Retail Distribution Review (RDR) programme which they maintain will enhance consumer confidence in the retail investment market. Many industry pundits and independent commentators share the view that the proposals will cause more problems than they seek to resolve. This includes the loss of 30% of independent financial advisers, the wholesale removal of consumer’s ability to choose the commission route when purchasing investment products and the removal of the clear distinction between independent and 'tied' advisers. The RDR has a target for full-implementation of 31 December 2012.
The RDR is expected to have a significant impact on the way in which financial services are delivered to retail investors in the UK.[12] The primary delivery mechanism of financial services to retail customers is via approximately 30,000 Independent Financial Advisers (IFAs) who are authorised and regulated by the FSA. They are expected to bear the brunt of the force of the RDR. The key elements of RDR are:
Independent advice is truly independent and reflects investors’ needs.
People can clearly identify and understand the service they are being offered.
Commission-bias is removed from the system and recommendations made by advisers are not influenced by product providers.
Investors know up-front how much advice is going to cost and how they will pay for it.
All investment advisers will be qualified to a new, higher level, regarded as equivalent to the first year of a degree
The combination of these factors is expected to significantly reduce the profitability of many IFA practices in anticipation of the new regulatory environment being enforced the industry landscape is undergoing significant change. Despite the fact that many in the industry are considered to be poorly prepared for the changes coming into effect,[15] The most significant identifiable trends are:
Consolidators buying up small firms of IFAs as a result of the higher qualifications threshold and downward pressures on profitability resulting from RDR - E&Y estimate that the number of Registered Individuals will fall from 30,000 to 20,000 within the next 5 years.
IFAs are embracing the concept of wrap account - incumbent fund supermarkets and Life Asurance Companies are in response launching their own Wrap Platforms.
IFAs are rapidly moving from the traditional investment solution for clients: recommending a portfolio of largely equity-oriented collective investment schemes (Unit Trusts and OEICs) and being paid initial and annual renewal commission by the fund provider to an outsourcing model: recommending that clients appoint a discretionary fund manager to manage the client's portfolio(s) and charging the client an annual oversight fee. A recent survey found that 89% of IFAs are considering outsourcing to discretionary managers as a result of RDR.[18]
Several new entrants are making major in-roads into this market[19][20] at the expense of the incumbent retail-oriented funds groups such as Schroders, Gartmore, Fidelity Investments etc.[21] The larger discretionary fund managers are finding it difficult to adapt their business models to cope with these changes, given that the small average portfolio size is better suited to multi-manager (portfolio of funds) solutions, via wrap platforms, when these fund managers tend to prefer to retain custody and investing in direct equities.
2009 regulations
The Payment Services Regulations 2009 came into force on 1 November 2009 and shifted the onus onto the banks to prove negligence by the holder of debit and credit cards in cases of disputed payments.[26] The FSA said "It is for the bank, building society or credit card company to show that the transaction was made by you, and there was no breakdown in procedures or technical difficulty" before refusing liability.

MONSTER RECRUITMENT NETWORK is a SCAM they tried selling me their membership package!! why are they copy pasting stuff from wikipedia or fsa.gov on here, trying to cover their scam?