In addition to the long list of features the Monster+ Pro Plan provides, you’ll also receive Monster Credits at the start of every billing cycle. Spend them on job ad promotions or resume search, all within the Monster+ experience. Let’s dive into all the details so you can get the most bang for your buck.
Overview of Monster Credits
Monster Credits can be used within the Monster+ experience, in two ways:
- Promote Jobs: Apply Monster Credits to your job ad promotion budget for increased visibility.
- Search Resumes: Apply Monster Credits to chargeable candidate actions (i.e., emailing a candidate, viewing a resume, etc.)
Your balance is always in clear view right at the top of the page. Just know this number may not reflect credits spent within the last 30 minutes, so give it some time to refresh for an official read.
Don’t worry about running out.
Although you will have a specific number of Monster credits available at the beginning of each billing cycle, this is by no means a restriction. Once you exceed your credit balance, Monster will simply track any overages and apply them to your next bill.
Once you start a new billing cycle, the number of credits included in your Pro Plan will be refreshed – ready to be applied to your recruitment efforts.
Use Them or Lose Them
It’s important to note that you cannot save or carryover Monster Credits issued through your subscription to a subsequent billing cycle. Make sure to use them all each month to get the full value of the Monster+ Pro Plan.
If you’re not actively recruiting for specific positions from time to time, it’s the perfect opportunity for a proactive approach. Apply your remaining credits to:
- Promote jobs with high-turnover rates and have applicants at the ready, at a moment’s notice.
- Review candidate resumes to identify future frontrunners for consideration.
- Build a relationship with top talent through messaging campaigns to gauge interest and keep a pulse on your candidate pipeline.
Running out of Credits
After your Monster Credits have been depleted, there will not be an interruption in service and any chargeable actions (i.e., current job ad promotions or resume views) will be tracked and applied to your next billing statement. You will know when you are accruing additional charges if the credit balance is showing a negative number (i.e., -30).
Monster Credit FAQs
Credits are applied differently for job promotions and resume search actions.
Since 1 Monster Credit = $1, you can expect to use the same number of credits as the promotion prices you select. When it comes to Resume Search, each chargeable candidate action will deduct 1 Monster Credit.
You need to have a Monster+ Pro subscription to receive an allotment of Monster Credits each month. Log into Monster+ and click on the credit icon at the top of the page to learn more. Then, click the Upgrade button to purchase the Pro plan.
When signed in to Monster+, your Monster Credit balance is prominently featured at the top of the page. Click on it to view your spending history. This number refreshes about every 30 minutes, so it should be a great reference point when considering budget and usage.
Negative balances are ok – it’s just how we track billable actions once you’ve depleted the credits included in your monthly subscription. When this occurs, billable actions (i.e., setting promotion budgets or emailing candidates), are tallied in the negative to represent the balance that will be applied to your next billing statement.
You won’t need to! To make it easy and convenient, Monster+ Pro customers can surpass their credit balance without interruption. Monster will just track any overages and apply them to the payment method we have on file.
Credits must be used by the end of the billing cycle or they will be forfeited. To make use of your credits during a recruitment slowdown, we recommend proactively using Resume Search to identify future frontrunners and improve your candidate pipeline.
No need to worry. If you exceed your credit balance for the billing cycle. Monster will just track any overages and apply them to your next bill.
Just know that after your Monster Credits have been depleted, there will not be an interruption in service and any chargeable actions (i.e., current job ad promotions or resume views) will be tracked and applied to your next billing statement. You will know when you are accruing additional charges if the credit balance is showing a negative number (i.e., -30).
Your Monster+ Pro plan includes Monster Credits that can be used in two ways:
Promote Jobs: Apply Monster Credits to your job ad promotion budget.
Search Resumes: Apply Monster Credits to chargeable candidate actions (i.e., emailing a candidate or viewing a resume)
Monster Credits are included as part of your monthly Monster+ Pro Plan. They are applied to your selected daily average budget and can be used to proactively search and contact candidates in our resume database.