On the Road Again - Americans Willing to Relocate For Work; Monster Releases Job Seeker Mobility...

Business/Technology Editors

Florida, California and New York Headline List of

Most Desirable Locations

While plotting their next career move, job seekers are traditionally revising resumes, sharpening interview skills, and crafting cover letters. Lately, they're even

packing their bags and moving across the country. According to data released today by Monster(R), the leading global online careers site and flagship brand of TMP Worldwide Inc. (NASDAQ:TMPW), 49 percent of U.S. job seekers are willing to relocate for a new job, with their career and education levels directly proportional to their mobility.

According to Monster Data Intelligence, a group focused on analyzing Monster data, job seekers' willingness to move, varies greatly across industries, with Engineering (69 percent) illustrating the highest percentage of employees considering relocation. Other industries in which a majority of professionals indicated their willingness to move include Agricultural, Forestry, and Fishing (66 percent), Consulting Services (65 percent), Military (65 percent), Science (64 percent), Finance/Economics (63 percent), Government and Policy (62 percent), Law Enforcement (63 percent), and Hospitality/Tourism (62 percent). Less willing to move are employees in Administrative and Support Services (30 percent), Customer Service and Call Center (33 percent), and Accounting/Auditing (38 percent).

Who's moving? Which professionals are open to relocation?

Based on Monster research, willingness to move is most prevalent at the highest career levels and maximum educational degree achieved. Doctoral degree recipients are most amenable to moving (71 percent), followed by those holding a master's degree, (67 percent), bachelor's degree (59 percent), vocational degree (49 percent), associate degree (46 percent), certification (43 percent), some college coursework (39 percent), and high school or equivalent degree (37 percent). Similarly, job seeker mobility is most prevalent at higher career levels, with 70 percent of executives willing to relocate, followed by senior executives (65 percent), entry-level (55 percent), management (52 percent), undergraduate and graduate students (49 percent), mid-career (45 percent), and high school students (27 percent).

Where to? Job seekers select most desirable cities

Target states for relocation were scattered across the country and consist mostly of the nation's major cities. California was cited as the most desirable location, with 23 percent of job seekers listing the state as their top pick. Florida ranked second (22 percent), followed by New York (19 percent), Georgia (16 percent), Colorado, North Carolina and Texas (14 percent).

Most sought-after locations also varied by job category. Professionals seeking employment in Advertising/Marketing/PR selected New York as their most popular destination, with 30 percent naming the Big Apple as their primary relocation target. California was the state of choice for Arts/Entertainment/Media job seekers (38 percent) and IT professionals (22 percent), while Colorado earned first place among job seekers in Agricultural, Forestry, and Fishing (25 percent). District of Columbia was number one for those seeking Government and Policy job opportunities.

For additional information on job seeker mobility statistics, including top locations sought in each industry, please contact Kevin Mullins, 978-461-8751.

How? Job seekers need relocation resources

After successfully landing a job in a new location, job seekers are faced with another major challenge: relocation. Commonly recognized as one of the top three most stressful life events, relocation can be an immense undertaking. To assist job seekers with this arduous task is Monstermoving.com, a leading online source of relocation information and a brand extension of Monster. Here is a list of tips for moving, courtesy of Monstermoving.com:

- Research cost of living/salary comparisons - As the cost of living can vary dramatically from region to region, relocating job seekers need to fully understand the financial implications of their move. Online cost of living calculators and salary comparison tools are a great way to evaluate cost of living differences and help determine necessary salary adjustments.

- Inquire about relocation assistance - Relocation is an expensive undertaking! When considering a job related move, job seekers should research their future employer's relocation package offerings. Though relocation polices can differ by industry, location, company, and even position, some of the following expenses are commonly covered:

- Required lodging (but not meals) en route to your new home.

- Temporary storage of your household goods (up to 30 days).

- Know your tax options - In addition to offering tax-deductions for many long-distance job-search related costs (i.e. travel expenses, lodging and meals), Uncle Sam can also provide relief when it comes to job-related relocation. For qualified moves, job seekers may be able to deduct the following expenses:

- Required lodging (but not meals) en route to your new home.

- Temporary storage of your household goods (up to 30 days).

- Plan ahead - Recognize that relocation is a major life event and requires ample planning and preparation. Monstermoving.com recommends that relocating consumers begin the planning process approximately 8 weeks prior to their move date.

About Monster

Monster, headquartered in Maynard, Mass., is the leading global careers website, recording over 47 million unique visits during the month of April 2002 according to independent research conducted by I/PRO. Monster 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 global network consists of local content and language sites in the United States, United Kingdom, Australia, Canada, the Netherlands, Belgium, New Zealand, Singapore, Hong Kong, France, Scotland, Germany, Ireland, Spain, Luxembourg, India, Italy, Sweden, Norway, Denmark, Switzerland, and Finland. Monster is the official online career management services sponsor of the 2002 Olympic Winter Games and 2002 and 2004 U.S. Olympic Teams. More information about Monster is available at www.monster.com or by calling 1-800-MONSTER.

About TMP Worldwide

Founded in 1967, TMP Worldwide Inc., with more than 10,000 employees in 33 countries, is the online recruitment leader, the world's largest Recruitment Advertising agency network, and one of the world's largest Executive Search and Executive Selection agencies. TMP Worldwide, headquartered in New York, is also the world's largest Yellow Pages advertising agency and a provider of direct marketing services. The company's clients include more than 90 of the Fortune 100 and more than 490 of the Fortune 500 companies. In June 2001, TMP Worldwide was added to the S&P 500 Index. More information about TMP Worldwide is available at www.tmp.com.

About Monstermoving.com

As one of the world's largest online marketplaces of relocation information, services and moving-related decision support tools, Monstermoving.com simplifies the way people move by leveraging the power of the Internet to successfully manage all stages of the relocation process. Monstermoving.com provides a comprehensive array of moving-related services and relocation tools, designed to reduce the time, cost and stress associated with moving. Monstermoving.com is a subsidiary of TMP Worldwide and a brand extension of Monster, the flagship brand of TMP Worldwide. More information about Monstermoving.com is available at www.monstermoving.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 the company's strategic direction, prospects and future results. Certain factors, including factors outside of our 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 we operate, risks associated with acquisitions, competition, seasonality and the other risks discussed in our Form 10-K and our other filings made with the Securities and Exchange Commission, which discussions are incorporated in this release by reference.