Monster.Com Poll Finds Lack Of Loyalty Among Today’s Employees

MAYNARD, Mass. – Sept. 1, 1999 – As Labor Day approaches and employees everywhere turn from summer fun back to the working world, Monster.com, the leading global online career site, announced the results of an online poll to assess employee loyalty – with striking results. Company loyalty is diminishing significantly, with only 19 percent of employees "in it for the long haul." Apparently employers are sensing the changing environment, as 37 percent believe there's no such thing as employee loyalty anymore.

It's no surprise that Monster Talent Market has taken off. The newest service from Monster.com, Monster Talent Market is the first real-time auction-style skills marketplace, offering contractors, consultants and freelancers the opportunity to market their services directly to employers – and kick start an independent career.

"With over 64,000 registered free agents and already 20,000 ‘live' auctions, the Monster Talent Market has clearly introduced a service that people have been waiting for," said Jeff Taylor, CEO of Monster.com. "We're giving job seekers the chance to define their own success and take control of their careers."

Launched on July 4th, Monster Talent Market is already changing peoples' lives. As the mother of a 2-year-old, Alexa Champion, a graduate student from Howard County, Maryland wanted to work from her home in her chosen field of public relations. Through Monster Talent Market, she found work with a Michigan-based company, with the flexibility of working off-site.

Guy Gowan, a computer programmer and independent professional in Houston, Texas, also found Monster Talent Market to be a useful marketing tool. "I got work the first time I posted my profile," said Gowan, who consults through his company, Pharaoh Development Group, Inc. "I would definitely use Monster Talent Market again."

Monster Talent Market was also highlighted in a recent research report from Nielsen//NetRatings. "Monster.com has become the go-to source in the online recruitment category, boasting a wide range of services, from relocation information to a service that offers contractors and individuals the ability to offer their services for bid," according to Allen Weiner, Vice President of Analytical Services at NetRatings. The report indicates that Monster.com is currently the leader in unique audience, beating out its competition by more than half a million.

Monster Talent Market – How It Works

To participate in the Monster Talent Market, individuals visit the site at http://independentprofess ional.monster.com and develop a personal profile. In addition to defining the ideal assignment, desired rate and project scope, these profiles also include personal criteria such as commuting and work environment preferences. After reviewing these profiles, interested employers can actively "bid" on the talented individuals who meet their immediate staffing needs.

Monster Talent Market also provides professionals with guidance on determining whether an independent career is right for you, time management, healthcare and benefits for independent professionals, negotiating contracts, tax tips and more.

"The growth of the Internet is changing everything, from the way we do business to how we live our lives," adds Taylor. "Looking to the Web is a natural for independent professionals who want to jump start or enhance their careers."

About Monster.com

Monster.com, headquartered in Maynard, Mass, is the leading global careers Web site with 8.1 million unique visits per month. Monster.com connects the most progressive companies with the most qualified career-minded individuals, offering innovative technology and superior services that give them more control over the recruiting process. The Monster.com global network consists of local content and language sites in the United States, United Kingdom, Australia, Canada, the Netherlands, Belgium and France.

Monster.com is the flagship brand of the Interactive Division of TMP Worldwide (NASDAQ: "TMPW"; ASX: "TMP"). Founded in 1967, TMP Worldwide, now with more than 6,100 employees in 25 countries, is the online recruitment leader, the world's largest recruitment advertising agency network, and one of the world's largest search and selection agencies. TMP Worldwide, headquartered in New York, is also the world's largest yellow page advertising agency and a provider of direct marketing services. The company's clients include more than 80 of the Fortune 100 and more than 400 of the Fortune 500 companies. More information about Monster.com is available at www.monster.com or by calling 1-800-MONSTER.