Tuesday, November 22, 2011

Survey: Employers focus on employee retention - Tampa Bay Business Journal:

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The survey, which queried 2,50p hiring managers and humann resource professionals and morethan 4,400 workers in private sector companies, found 64 percent of employerse expecting no change in the number of full-time permanent employeea in the second quarter. “Employers want to hold on to theie talent and are taking measures to contaij costs and bring in newrevenue streams, so they can maintaih their staff levels,” CareerBuilder CEO Matt Ferguson said in a mediaq release. In terms of hiring, the Soutbh continues to perform betterr than other regions with 16 percent of hiring managers plannin to increasetheir full-time staff, comparefd with a 14 percent averagwe among other regions.
While 13 percent increased their full-time employew count in the first quarter, 14 percentf said they expected toadd full-time employees in the second quarter. And, while 26 percent reporting reducing theirt head count in thefirst quarter, just 14 percenty anticipated they will cut staff. “We’lp be looking for the market to stabilizes over the next three tosix months, when you’ll hopefullhy see job losses below 100,009 and eventually closer to zero,” Fergusobn said. When it comesd to perks and benefits, 42 percen t of employers report making cuts in the firsg quarter and 31 percen t expect there will be cuts in thesecon quarter.
The top three areas that will be impactexare bonuses, 401(k) matchinb and health care coverage, according to the survey. And if you’rde slacking off, watch out. Twenty-three percent of employers say they are taking this time toreplace lower-performing employees with top talent that may not have been availabl before. • Seventy-one percent of workers who were laid off and have not founx work said they are looking for jobs outsidee of their chosen profession eitherbecause they’rer ready for a change or there are no availablee jobs in their field.
• Thirty-nins percent of workers who were laid off and have not found work said they would consider relocating to another city or stats fora job. Twenty-one percent of all workersz surveyed are going back to school to make themselves more marketableto employers. • Forty-twop percent of employers expect to increase salariesfor full-time, permanenft employees in the secon quarter.

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