Hiring Trends for 2010: Where the Jobs Are
According to CareerBuilder and USA Today's most recent Job Forecast nationwide survey of employers, hiring in the second half of 2010 is likely to mirror hiring trends of the first half of the year with hiring progressing at a moderate but consistent pace. Of the 2,534 hiring managers and HR professionals surveyed, 41 percent plan to hire new employees in the second half of 2010, 42 percent do not plan to hire new employees during this time period, and 16 percent are not sure.
Most in-demand jobs
Among the 41 percent of hiring managers that plan to hire in the second half of 2010, the focus will be in these areas.
- Customer service (25 percent)
- Sales (22 percent)
- IT (18 percent)
- Administrative (13 percent)
- Business development (10 percent)
- Accounting/Finance (10 percent)
Recruitment trends and concerns
The survey reports that three trends for the second half of 2010 are:
1. Increase in emerging jobs.
2. Increase in company turnover.
Fifty-six percent of HR Managers surveyed are concerned that their top talent will leave for another job as the economy improves.
3. Lack of skilled labor.
Twenty-two percent of hiring managers reported that despite the large labor pool, they can't find qualified applicants to fill their positions. Forty-eight percent of HR Managers reported a lack of skills in their organizations, particularly in IT, customer service, and communications.
Are more companies hiring than firing?
The survey suggests that hiring is outpacing firing with most companies not anticipating a major change to headcount.
- 21 percent of employers will add full-time, permanent headcount.
- 8 percent plan to downsize.
- 65 percent don't anticipate a change in headcount.
What parts of the country are experiencing the greatest job growth?
There is no significant difference in hiring full-time permanent staff in different parts of the country.
- West -- 22 percent
- Northeast -- 21 percent
- Midwest -- 21 percent
- South -- 20 percent
Are salaries increasing, decreasing, or staying the same?
- 42 percent of employers do not plan any change in salary levels.
- 31 percent expect to see an increase of 1 to 3 percent.
- 12 percent plan increases between 4 and 10 percent.
- 1 percent anticipate an increase of 11 percent or more.
- 3 percent anticipate a decrease in salary.
The employee perspective
In addition, CareerBuilder surveyed over 4,400 workers to gain their perspective on their employers and the current job market. Employees' perceptions of their employers as a result of their employer's actions during the economic downturn vary.
- 20 percent of workers admit to having a worse opinion of their employers.
- 14 percent have a better opinion.
- 61 percent have unchanged views.
Reasons employees want to leave
29 percent of workers surveyed reported they plan to change jobs once the economy rebounds and 25 percent plan to leave their organization in the next 12 months for the following reasons.
- 30 percent feel overworked and resentful about layoffs.
- 33 percent believe they are underemployed or overqualified for their positions.
- 23 percent do not find their work engaging.
Salary raises, increased employee recognition, readjusted workloads, and better career pathing and training were cited as factors that could influence the employee's decision to stay.