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Research suggests that bosses don’t always trust employees to be productive when working remotely.
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Monster said it has been serving more than 70 million job seekers and 10,000 customers spread across 18 countries.
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Quess Corp also participated in the funding round. After the funding round, Monster.com is valued at close to $100 million (around Rs 755 crore).
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Apart from offering Monster.com's large candidate database, the partnership will also help the 2400 SMEs under NASSCOM connect with job seekers from remote areas, including professionals who have been affected by the coronavirus pandemic.
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Close to 45 percent of respondents from non-metro cities rated their work life balance as anywhere from average to terrible.
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The Monster Employment Index for August stood at 279, a 14 per cent jump over the same period a year ago when it stood at 244. The August index registered a slight improvement from 274 in July.
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Last week, a nine-judge bench of the Supreme Court, headed by former Chief Justice of India J S Khehar (succeeded by Dipak Misra), unanimously declared Right to Privacy as part of Right to Life and Liberty assured by the Article 21 of the Indian constitution. Hence, this could be one of the first cases that has been filed questioning online firms from invading the privacy of individuals.
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In terms of sectors, banking/financial services, insurance led long-term growth chart with a 44 per cent year-on-year growth followed by home appliances (34 percent) and consumer goods/ FMCG, food and packaged food industry (33 percent).
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The Monster.com's employment index, a monthly gauge of the country's online job demand, stood at 244 in April, registering a 28 percent jump over the same month last year.
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Online hiring activity in the country witnessed a significant rise of 42 percent in March and the steady growth figures promise a likely boost for job sentiment in the current quarter, says Monster.com.
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"Our MEI for February with 45 percent growth reflects the improved sentiments in the online hiring space as compared to the elusive growth in February last year," Monster.com India Managing Director Sanjay Modi said.
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The Monster Employment Index (India) stood at 229 in January, up 52 percent over 2015, when the index clocked at 151.
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Monster Employment Index, a monthly gauge of the country's online job demand rose by 76 points to 220 in November this year from 144 in the corresponding period last year.
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The Monster.com's employment index, a monthly gauge of the country's online job demand, rose 50 points (up 32.46 percent) to 204 in July this year, from 154 in the same period a year ago.
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Online hiring activity in India registered a 32 percent year on year growth in June, the highest increase so far this year, according to a Monster.com report.
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If you are a top performing employee in India, you could get rewarded with a salary hike of as much as 30 percent more than an average performer over the course of next financial year - that's according to Towers Watson's latest Asia-Pacific salary budget planning report.
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Moreover, 72 percent highlighted that only two out of 10 of their correspondences with job seekers actually convert into hiring.
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The employment index is an indicator of monthly online demand for jobs. It is based on a real time review of job opportunities culled from a large, representative selection of online career outlets, including Monster India.
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The Monster.Com's employment index, a monthly gauge of the country's online job demand, rose by 7 points (5.18 percent) to 142 in January, from 135 in December 2013.
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The survey, which was sponsored by Monster.com and conducted by market research firm GfK, found that 15 percent of American workers said they disliked or hated their jobs. This was the highest level of job dissatisfaction among workers surveyed in seven countries.
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On a month-to-month basis as well the index witnessed the third consecutive month of decline.
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Despite a month-on-month decline, online hiring activity in India registered a 10 per cent rise during November from the year ago period, signalling the ongoing confidence by Indian businesses in the economy, says a survey.
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Online hiring activity in India improved further in October driven by recruitments in sectors such as engineering, automotive and telecom, according to a survey.
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84% of the surveyed CEOs spend more than one-fourth of their time on talent management activities.
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Monster.com (India) launched an Android application last August. BlackBerry got its Monster hit in February of this year. April saw Monster on the Windows
