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 Photos/Multimedia Gallery Available: http://www.businesswire.com/multimedia/home/20130723005888/en/ Multimedia Available:http://www.businesswire.com/cgi-bin/mmg.cgi?eid=50675572&lang=en Contact: Monster Worldwide Kristen Andrews, 978-461-8089 email@example.com
Offshore Outsourcing a Top Concern for U.S.-IT Workers
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