Monster Poll Reports Majority of Workers Worldwide Willing to Take a
Pay Cut for their ''Dream Job''
Seventy-Six Percent of Respondents in North America and Europe Would
Accept Less Pay for the Job of their Dreams
MAYNARD, Mass. (Business Wire EON) May 15, 2008 --
Similar to their European counterparts, most workers in the U.S. would
take a pay cut if it meant landing the job of their dreams. Eighty-two
percent of U.S. workers and 76 percent of workers worldwide would pursue
their dream job even if it meant taking a reduction in pay, according to
a global poll conducted by Monster®
that asked, “Would you take a pay cut
for the job of your dreams?” Monster
is the leading global online careers and recruitment resource and
flagship brand of Monster
Worldwide, Inc. (NASDAQ: MNST).
“We see a general consensus among workers
around the globe that people are open to pursuing more fulfilling
careers, not just a fuller wallet,” said Norma
Gaffin, director of career content, Monster. “It’s
interesting to note that despite some notions of a skittish economy,
U.S. workers are still willing to be compensated less for a job that
they are really passionate about.”
Overall Desire for Job Satisfaction
Of the 19 countries polled in North America and Europe, 76 percent of
respondents would take a pay cut if given a chance to work their dream
job. Workers in Ireland topped the charts, with 84 percent willing to
sacrifice compensation for increased job satisfaction. Workers in the
U.S., Switzerland and Italy are not far behind –
82 percent of their respective respondent pools value workplace
satisfaction over maximum compensation.
Some Apprehension Abroad
While most workers polled are willing to take a drop in pay for the job
of their dreams, workers in Germany, France and Hungary are the most
cautious. Thirty-four percent of workers in France and 27 percent of
workers in Germany are not willing to sacrifice pay for ultimate job
satisfaction. Workers in Hungary are least willing to take a cut in pay,
with 38 percent answering, “No.”
For workers worldwide who might consider taking the next step to a new,
more fulfilling career, Monster offers the following re-careering tips:
-
Do Some Serious Research – Career
changers should request informational
interviews, network
with people already in the field and conduct online research to ensure
a new career is right for them.
-
Update and Rework the Resume – A
worker’s resume
should be updated to reflect skill sets that apply to the new career.
-
Be Honest – A worker should not
de-emphasize their transition from one career to the other. This is a
great opportunity for job seekers to emphasize the passion driving the
desire to change and negate any doubts a potential employer may have.
-
Develop a Network of Support –
Career changers should talk to friends, family and colleagues about
their decision. Not only will they provide support, they could also
connect the seeker with unadvertised job opportunities in their dream
field.
*The results of this Monster Meter are based on 34,140 votes cast by
Monster U.S. and European users on the Monster homepage. Only one vote
per user is counted toward the final tabulation. The Monster
Meter is not scientific and reflects the opinions of only those Internet
users who have chosen to participate.
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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