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This Fourth of July Americans Can Celebrate Highest Wages Globally and Staggering Big Mac Purchasing Power

  This Fourth of July Americans Can Celebrate Highest Wages Globally and
  Staggering Big Mac Purchasing Power

 Monster and the WageIndicator Foundation Study Reveals U.S. Leading Globally
       in Hourly Wages, Purchasing Power and Key Burgernomic Indicators

Business Wire

MAYNARD, Mass. -- July 3, 2013

Monster.com, the worldwide leader in successfully connecting people to job
opportunities and flagship brand of Monster Worldwide, Inc. (NYSE: MWW), today
announced Americans are among the best paid in the world and garner some of
the highest hourly wages across industries. According to the latest Wage Index
report brought by the WageIndicator foundation, which provides insights on the
state of wages and labor markets across 70 countries, the good news for the
American worker doesn’t stop there. When cross-referenced with The Economist’s
Big Mac Index, which measures purchase-power parity across currencies, workers
in the U.S. can seemingly purchase a greater number of Big Macs per hour than
workers in any other country.

“As Americans celebrate the Fourth of July with barbecues across the land,
what better way to demonstrate how the US stacks up against the rest of the
world? The hamburger, perhaps one of the most American of cuisines, definitely
fits the bill – though, this is simply an index and I wouldn’t recommend
consuming that many hamburgers at one time,” said Paulien Osse, Director
WageIndicator Foundation.

With a median gross hourly wage of $24.50*, U.S. workers could seemingly
purchase 4.1 Big Macs per hour, which trumps the United Kingdom at 3.5 Big
Macs per hour and a median gross hourly wage of $19.60.

According to the Wage Index, Americans rise to the top with the highest gross
median hourly wage of $24.50, significantly more than the UK, followed by
Germany at $19.10, the Netherlands at $18.50 and Belgium at $16.30.

About the Index

The Monster and WageIndicator Foundation's Wage Index is the result of the
long-standing relationship working towards the common aim of a transparent
labor market. The Index utilizes a survey of hourly wages of workers and
professionals in over 70 countries and provides insight to the development of
wages on a global scale.  For this study, 123,097 respondents participated and
no less than 14,980 respondents were selected in each profession to
participate.

These questionnaires are part of the permanent WageIndicator Salary Survey
available at http://www.wageindicator.org.

Global comparisons are made on the basis of data from 2006 to 2012 from the
international database and an analysis of wages of nearly 160,000 respondents
worldwide.

Note: The Big Mac Index is based on the publication of The Economist in July
2012. Purchasing power figures are based on the WEO database of the IMF or
October 2012.

* Reported in International US Dollars

About WageIndicator Foundation

The WageIndicator concept is owned by the independent, non-profit
WageIndicator Foundation, established in 2003. Its Supervisory Board is
chaired by the University of Amsterdam/Amsterdam Institute of Advanced Labour
Studies, the Dutch Confederation of Trade Unions (FNV) and Monster career
site. The Foundation aims for transparency of the labour market by sharing and
comparing wage data and labour conditions information. The Foundation operates
national websites in 70 countries. The websites have a so-called 3 pillar
structure: for wages & salaries, for labour law, and for vacancies and
education related information. In more than 20 countries - mainly in Africa,
Asia, Central America - the national WageIndicator websites are supported with
offline actions like face-to-face surveys, fact finding debates and media
campaigns. The Dutch WageIndicator website Loonwijzer has 500 000 visitors per
month, approximately 80 % of whom are employees/workers and 20% employers.
WageIndicator Foundation operates globally through a network of associated,
yet independent regional and national partner organizations like universities,
media houses, trade unions and employers organizations, and self-employed
specialists for legal, internet, media issues, with whom the Foundation
engages in long lasting relationships. WageIndicator Foundation has offices in
Amsterdam (HQ), Ahmedabad, Bratislava, Buenos Aires, Cape Town, Dar es Salaam,
Maputo and Minsk.

About Monster Worldwide

Monster Worldwide, Inc. (NYSE:MWW),is the global leader in successfully
connecting job opportunities and people. Monster uses the world's most
advanced technology to help peopleFind Better, matching job seekers to
opportunities via digital, social and mobile solutions includingmonster.com®,
our flagshipwebsite, and employers to the best talentusing a vast array of
products and services.As an Internet pioneer, more than 200 million people
have registered on the Monster Worldwide network. Today, with operations in
more than 40 countries, Monster provides the broadest, most sophisticated job
seeking, career management, recruitment and talent management capabilities
globally. For more information visit about-monster.com.

Contact:

Monster Worldwide
Kristen Andrews, 978-461-8089
kristen.andrews@monster.com
 
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