Employers see uptick in hiring in 2010

Published on Tue, Dec 29, 2009 at 16:33 |  Source : Reuters

Updated at Tue, Dec 29, 2009 at 16:42  

Like this story, share it with millions of investors on M3
0
0
Share on Tumblr
Employers see uptick in hiring in 2010

RELATED NEWS

US employers expect to hire more new workers in 2010 than they did in 2009, a sign the US recession may be easing its grip, research showed on Tuesday.

One-fifth of employers plan to add full-time, permanent employees next year, up from 14% in 2009, according to CareerBuilder.com, an online jobs site that surveyed more than 2,700 hiring managers and human resource professionals.

Just 9% said they plan to cut head count in 2010, down from 16% in 2009, according to the nationwide survey.

"There's definitely an uptick. The number of employers who say they're going to add full-time workers is up from last year, and that is very good news," said Michael Erwin, senior career advisor at CareerBuilder.

Yet 61$ of employers said they do not plan to change staffing levels, showing a degree of caution, he said.

"Employers are waiting to see what the economy does and what the new year brings," he said.

One-third of employers plan to add technology jobs, while 28% said they would add customer service jobs and 23% said they planned to increase their sales force.

"The employers we're talking to are really shifting from cost containment," Erwin said. "Now it's really about growth so I think you're going to see customer service jobs added, sales jobs added.

"Those are really what can grow the business and make the money come back and get the customers back," he said.

Salaries and benefits are likely to stay tight, the research found.

Fifty-seven percent of employers expect to see higher salaries for existing employees in 2010, down from 65% in 2009. Also, 29% plan to increase salaries in offers to new employees, down from 33% in 2009.

As to bonuses, medical coverage and matching 40 1akh contributions, the survey found 37% of employers plan to cut benefits in 2010, up from 32% who trimmed in 2009.

Many employers -- 37% -- said they plan to take advantage of the large labor pool and replace low-performing employees in 2010.

The survey was conducted online for CareerBuilder.com by Harris Interactive from November 5 to November 23. The overall results had a margin of error of plus or minus 1.88 percentage points.

CareerBuilder is owned by Gannett Co Inc, Tribune Co, McClatchy Co and Microsoft Corp.

  

Trending News

Business News

Buying Opera could cost Facebook over $1 billion
IT dept freezes Kingfisher Airlines' bank a/c, again "IT dept freezes Kingfisher Airlines' bank a/c, again"

Mamata, Shah Rukh party; KKR players left out

SCI Net Loss At `356 Cr Vs Loss Of `6.2 Cr (YoY)

The latest earning numbers FIRST on CNBC-TV18
Videos

May 29 2012, 12:19

Expect Tata Motors Q4 PAT at Rs 4200 cr: StanChart

- in Brokerage Results Estimates

Interviews

May 29 2012, 17:34 | Source: CNBC-TV18

Will raise Rs 250cr via ECB route next year: Hind Copper  

May 29 2012, 15:44 | Source: CNBC-TV18

Improving priority sector lending norms main focus: IDBI  

Subscribe to

Moneycontrol Newsletters

Moneycontrol.com offers you a choice of various sectoral and other newsletters for FREE!