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Offshore Outsourcing a Top Concern for U.S.-IT Workers

  Offshore Outsourcing a Top Concern for U.S.-IT Workers

Business Wire

MAYNARD, Mass. -- July 23, 2013

Monster.com, the worldwide leader in successfully connecting people to job
opportunities and flagship brand of Monster Worldwide, Inc. (NYSE: MWW), today
released new survey results detailing workers’ views within the Information
Technology industry. This is the sixth significant finding of Monster’s
Workforce Talent survey of nearly 6,000 registered Monster users, covering
general job market insight and sentiment.

Despite surveyed IT workers expressing relative satisfaction with all aspects
of their job, it is job security that is their primary concern.

Key IT Professional Insights from the survey:

  *IT workers are the fourth most satisfied with their jobs, behind
    engineering, finance and healthcare professionals
  *87% believe that an increasing number of IT jobs are consistently being
    outsourced offshore
  *53% feel that offshore outsourcing leads to lower employee morale
  *52% feel offshore outsourcing leads to less valued skills and overall
    salary reductions
  *Only 14% feel outsourcing is necessary for global business growth
  *Less than one quarter believe offshore outsourcing provides an avenue for
    more valuable skills (8%), fewer menial tasks (11%) and more innovative
    projects (13%)

“While job satisfaction in the IT sector is relatively strong, it is apparent
that IT employees in the U.S. are apprehensive about their job security due to
the belief that outsourcing offshore is increasing,” said Jeffrey Quinn, Vice
President of Monster’s Global Insights. “To keep the best IT talent, Monster
data suggests that employers must recognize the job aspects valued most by
workers, including salary, use of skills, and career advancement. Employers
should also work towards integrating IT employees with the rest of the office
to increase satisfaction and boost morale.”

Yet, demand for IT professionals remains strong, particularly in key markets,
with the perceptions of outsourcing likely indicating demand for these workers
is outstripping supply.

Software developers, web developers, and computer systems analysts are the
most in-demand IT occupations with New York, Washington DC, and Chicago
rounding out the top three markets in the industry. Surprisingly, San
Francisco ranked sixth, which may indicate the overall growing need of IT
professionals across the country.

IT Occupations^1

Top 10 Occupations:
1. Software Developers, Applications
2. Web Developers
3. Computer Systems Analysts
4. Network and Computer Systems Administrators
5. Computer User Support Specialists
6. Information Technology Project Managers
7. Computer Programmers
8. Software Quality Assurance Engineers and Testers
9. Computer Systems Engineers/Architects
10. Database Administrators

Top 10 Markets:
1. New York, NY
2. Washington, DC
3. Chicago, IL
4. Seattle, WA
5. Atlanta, GA
6. San Francisco, CA
7. Houston, TX
8. Boston, MA
9. Austin, TX
10. Dallas, TX

About the Survey
From the unique perspective of the job seeker, the Monster Workforce Talent
survey captures the likeliness of those employed and unemployed to actively
search for a job, the challenges they face in a search as well as motivating
factors driving them to seek out a new job. For a full copy of the survey,
visit the Monster Resource Center.

Methodology
Monster’s study “U.S. Workforce Talent” surveyed nearly 6,000 job seekers who
are currently employed or desire employment in the next 12 months via an
online survey. The study was designed to be inclusive of all Monster job
seekers who have actively used their My Monster account over the past 3 years.
The survey ran from January 14, 2013 to February 18, 2013.

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.

^1 Total Online Jobs Volume, Past 120 Days

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Contact:

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