Monster Survey Reveals Job Seekers Unwilling to Compromise on Key Benefits

Majority of Respondents Actively Seek New Jobs, Yet Few Eager to Sacrifice Key Benefits

Business Wire

WESTON, Mass.--(BUSINESS WIRE)--

Monster (MWW), today revealed the top-line results of a survey of nearly 1,100 registered U.S. Monster users around job search activity, job satisfaction and what is required to pursue or accept a new job opportunity. This is the second in a series of releases covering a range of the results from Monster’s Workforce Talent Survey, including current job seeker challenges, motivating factors driving them to a career change, their confidence in finding a job, and job outlook by several key occupations.

The majority of survey respondents, both employed and unemployed, are actively looking for a new job (70%), yet very few responded that they would be willing to make the following sacrifices in order to accept a new opportunity:

  • Benefits – 13% would compromise on healthcare benefits and 14% on academic reimbursement
  • Vacation – 16% would accept reduced vacation or personal time
  • Compensation – 19% would accept reduced or no bonus and 20% would accept a lesser salary
  • Hours – 24% would work more hours
  • Workspace – 26% would consider having a small office or desk space
  • Commute – 28% would be willing to undertake a longer commute
  • Dress code – 30% would agree to a strict dress code
  • Temporary positions – 33% are willing to take on temporary or contract roles

"With the economy and job market slowly improving, job seekers will be more likely to be searching for a job and less likely to make sacrifices," said Jeffrey Quinn, Vice President of Monster's Global Insights. "Employers need to be aware of these unsettled employees, understand their expectations, and incent accordingly."

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.

Methodology
Monster’s study “U.S. Workforce Talent” surveyed nearly 1,100 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 16, 2014 to February 6, 2014.

About Monster Worldwide
Monster Worldwide, Inc. (MWW), is the global leader in successfully connecting job opportunities and people. Monster uses the world's most advanced technology to help people Find Better, matching job seekers to opportunities via digital, social and mobile solutions including monster.com®, our flagship website, and employers to the best talent using 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
Kristen Andrews, 978-461-8089
kristen.andrews@monster.com
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