HHGP Hudson Highland Grp., Inc. (MM)

Hudson Compensation Survey Reveals Differences in Perception of Pay Equity by Race, Not Gender NEW YORK, July 20 /PRNewswire-FirstCall/ -- A new Hudson survey has found that half (51 percent) of both working men and working women believe that they are being paid on par with others who do similar work. The survey reveals that race is a more prominent factor in determining attitudes about equal pay than gender. Only 33 percent of African Americans and 37 percent of Hispanics believe they receive the same pay for the same work, in contrast to more than half of whites (54 percent) who hold this belief. Nationally, 51 percent of all workers feel they receive equal pay for equal work, whereas 37 percent do not. "The Hudson compensation survey points to a very sensitive yet critical issue facing the American workplace," said Jeff Anderson, senior vice president of Hudson Global Resources. "Fair compensation is a business imperative, and yet nearly 40 percent of U.S. workers are not satisfied that it exists for them personally. With minority employees reporting the highest levels of perceived inequity, this suggests considerable room for improvement in diversity initiatives." The survey also finds that many employees do not see a strong connection between performance and pay at their workplaces. Only one third of workers (36 percent) believe that better performance generates better pay. Nearly twice (60 percent) feel that tenure-not performance-results in better pay. Women are less likely (30 percent) than men (42 percent) to believe that employees who do a better job receive more money and benefits. In looking to the future, nearly 6 in 10 American workers (58 percent) report that better pay and benefits is the most important reason they would consider a new job offer. Conversely, only 9 percent of Americans would leave their current job for greater job security, 14 percent for company culture and 12 percent for professional opportunities. "As the economy recovers, U.S. workers want to get their fair share and improve their personal finances through better compensation," said Anderson. "The fact that workers aren't lured to a new position solely by added job security is an indication that the workforce is gaining confidence in the economy and the job market." The Hudson compensation survey is based on a national poll of 3,712 American workers and was compiled by Rasmussen Reports, LLC, an independent research firm (RasmussenReports.com). Hudson, one of the world's leading professional staffing, outsourcing and human capital solution providers, also publishes the Hudson Employment IndexSM, a monthly measure of the U.S. workforce's confidence in the employment market. Next month's Hudson Employment Index(SM) will be released on August 4, 2004. Hudson Hudson delivers specialized professional staffing, outsourcing and human capital solutions worldwide. From single placements to total solutions, the firm assesses, recruits and develops talent to meet the specific business needs of each client. Global practice areas include Accounting & Finance; Engineering, Operations & Scientific; Healthcare; Human Resources; IT & Telecommunications; Legal; and Sales & Marketing. Hudson is a division of Hudson Highland Group, Inc. (NASDAQ:HHGP) one of the world's leading professional staffing, retained executive search and human capital solution providers. More information is available at http://www.hudson.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. DATASOURCE: Hudson Highland Group, Inc. CONTACT: Jennifer Bernhart, Hudson, +1-813-890-7379, ; or Anshula Ahluwalia, Ogilvy Public Relations, +1-312-397-6074, , for Hudson Web site: http://www.hhgroup.com/ http://www.hudson.com/

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