73 Percent of Working Dads would be a Stay-At-Home Parent if Money Were Not an Issue – Yet Fathers are Increasingly Cutting into Family Time with Work Demands

MAYNARD, Mass. (Business Wire EON) June 13, 2008 -- Working dads may be bringing home a share of the bacon, but they are working harder to get it done, according to survey results released today by Monster®. Sixty-one percent of dads polled bring work home every week, a seven percent increase over last year. However, many of these fathers are conflicted: 75 percent of dads surveyed believe that bringing work home interferes with a parent’s relationship with his or her child. Additionally, 73 percent would be a stay-at-home parent if money were not an issue. Monster is the leading global online careers and recruitment resource and flagship brand of Monster Worldwide, Inc. (NASDAQ: MNST).

We are seeing a lot of conflict among working dads – they are as committed as ever to being good fathers, yet at the same time, they are working harder and bringing more work home

The survey also found that fewer dads are taking advantage of paternity leave benefits because they feel they cannot financially afford it (38 percent, down eight percent over last year) or because they feel too busy at work (27 percent, up 13 percent over last year). Among those working fathers who were offered paternity leave, just 51 percent used it, down seven percent over last year.

“We are seeing a lot of conflict among working dads – they are as committed as ever to being good fathers, yet at the same time, they are working harder and bringing more work home,” said Peter Castrichini, vice president of compensation, benefits, and HR operations, Monster. “Employers should be cognizant of the squeeze these workers are feeling, and make certain they are developing and marketing appropriate work/life benefits within their recruitment and retention initiatives.”

What Working Dads Want

Only 41 percent of working dads surveyed think their employers provide sufficient benefits for working fathers, indicating a strong desire for work/life balance among this group of employees.

Above all other work/life related benefits, working fathers most appreciate a flexible work schedule (52 percent), followed by the ability to telecommute (32 percent). When considering a new job, 88 percent view employers more positively if they offer flextime benefits; 85 percent if they offer paternity leave benefits.

Methodology

The Monster Intelligence Father’s Day survey was conducted June 2, 2008 via targeted online distribution to Monster’s database of full-time employees. Results were recorded from 1,073 full-time employees, including 428 working fathers and 362 working mothers. This poll is not scientific and reflects the opinions of only those Internet users who have chosen to participate. Monster Intelligence is the careers and recruitment research initiative of Monster.com.

About Monster Worldwide

Monster Worldwide, Inc. (NASDAQ: MNST), parent company of Monster, the premier global online employment solution for more than a decade, strives to inspire people to improve their lives. With a local presence in key markets in North America, Europe, and Asia, Monster works for everyone by connecting employers with quality job seekers at all levels and by providing personalized career advice to consumers globally. Through online media sites and services, Monster delivers vast, highly targeted audiences to advertisers. Monster Worldwide is a member of the S&P 500 index and the NASDAQ 100. To learn more about Monster's industry-leading products and services, visit www.monster.com.

Special Note: Safe Harbor Statement Under the Private Securities Litigation Reform Act of 1995: Except for historical information contained herein, the statements made in this release constitute forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Such forward-looking statements involve certain risks and uncertainties, including statements regarding Monster Worldwide, Inc.'s strategic direction, prospects and future results. Certain factors, including factors outside of Monster Worldwide’s control, may cause actual results to differ materially from those contained in the forward-looking statements, including economic and other conditions in the markets in which Monster Worldwide operates, risks associated with acquisitions, competition, seasonality and the other risks discussed in Monster Worldwide’s Form 10-K and other filings made with the Securities and Exchange Commission, which discussions are incorporated in this release by reference.

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