CHICAGO, March 31, 2016 /PRNewswire/ -- The U.S. has added
private sector jobs every month for the last six years,1
and the latest forecast from CareerBuilder shows this trend will
continue in the second quarter. One third of employers (34 percent)
plan to add full-time, permanent employees over the next three
months and 37 percent plan to hire temporary or contract
workers.
At the same time, U.S. workers are looking for better job
opportunities: 1 in 4 workers (25 percent) plan to change jobs this
year.
"Overall, U.S. job growth has been consistent despite volatility
in the stock market and weaker performances in global economies,"
said Matt Ferguson, CEO of
CareerBuilder and co-author of The Talent Equation. "The
vast majority of companies are either maintaining their headcount
or adding new employees at various skill levels. This is promising
news for college students approaching graduation and seasoned
workers who want to re-enter the workforce or change jobs."
The national survey was conducted online on behalf of
CareerBuilder by Harris Poll between Feb. 10
and March 17, 2016 and included a representative sample of
more than 2,000 hiring managers and human resource professionals
and more than 3,000 full-time employees across industries in the
private sector.
Permanent Hiring in Q1 2016
Hiring in the first three
months of 2016 outperformed the same period in 2015. Thirty-seven
percent of employers hired full-time, permanent employees, up from
35 percent last year. The percentage of employers who decreased
headcount (9 percent) is on par with last year. Fifty-three percent
reported no change in their headcount while 1 percent said their
company is undecided.
Permanent Hiring in Q2 2016
Looking ahead, 34 percent
of employers plan to add full-time, permanent staff in the second
quarter, up from 32 percent last year. Seven percent expect to
decrease staff, down slightly from 8 percent last year. Fifty-five
percent anticipate no change while 5 percent are undecided.
Industries expected to match or exceed the national average for
adding full-time, permanent headcount in the second quarter
are:
- Health Care (50 or more employees) – 44 percent
- Financial Services – 42 percent
- Leisure & Hospitality – 41 percent
- Information Technology – 40 percent
Temporary Hiring
Temporary employment continues to be
a popular option for companies. Thirty-seven percent of employers
plan to hire temporary or contract workers in the second quarter,
on par with 2015. Thirty-three percent plan to transition some
contract or temporary staff into permanent employees in the second
quarter, up from 31 percent last year.
Hiring By Company Size
While large organizations are
adding staff at a faster rate, the increased confidence small- and
medium-sized businesses have displayed in previous quarters is
expected to carry over into Q2:
- 50 or fewer employees – 24 percent plan to
increase the number of full-time, permanent staff in Q2, up from 23
percent last year; those reducing headcount remained at 4
percent
- 250 or fewer employees – 29 percent plan to
increase the number of full-time, permanent staff in Q2, up from 27
percent last year; those reducing headcount remained at 6
percent
- More than 500 employees – 41 percent plan to
increase the number of full-time, permanent staff in Q2, up from 38
percent last year; those reducing headcount decreased from 9
percent last year to 8 percent
Compensation
Companies may be feeling increased
pressure to become more competitive with compensation. While 25
percent of employers anticipate no change in salary levels in the
second quarter compared to the same period last year, 25 percent
expect to boost salaries by at least 5 percent. Forty-four percent
anticipate there will be an increase of 4 percent or less while 2
percent expect a decrease and 4 percent are undecided.
1 Data from the U.S. Bureau of Labor
Statistics
Survey Methodology
This survey was conducted online
within the U.S. by Harris Poll on behalf of CareerBuilder among
2,186 hiring and human resource managers and 3,031 employees ages
18 and over (employed full-time, not self-employed, non-government)
between February 10 and March 17,
2016 (percentages for some questions are based on a subset,
based on their responses to certain questions). With pure
probability samples of 2,186 and 3,031, one could say with a 95
percent probability that the overall results have sampling errors
of +/- 2.10 and +/- 1.78 percentage points, respectively. Sampling
error for data from sub-samples is higher and varies.
About CareerBuilder®
As the global leader in human
capital solutions, CareerBuilder specializes in cutting-edge HR
software as a service to help companies with every step of the
recruitment process from acquire to hire. CareerBuilder works with
top employers across industries, providing job distribution,
sourcing, workflow, CRM, data and analytics in one pre-hire
platform. It also operates leading job sites around the world.
Owned by TEGNA Inc. (NYSE:TGNA), Tribune Media (NYSE:TRCO) and The
McClatchy Company (NYSE:MNI), CareerBuilder and its subsidiaries
operate in the United States,
Europe, South America, Canada and Asia. For more information, visit
www.careerbuilder.com.
Media Contact
Michael
Erwin
773.527.3636
michael.erwin@careerbuilder.com
http://www.twitter.com/CareerBuilderPR
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SOURCE CareerBuilder