Thirty-seven percent of employers say they will cut perks
and benefits in 2010, up from 32% who said they trimmed in 2009. Perks and
benefits employers plan to trim in the new year include bonuses, medical
coverage, 401(k) matching contributions, and office perks such as coffee, tea,
and condiments, according to a press release.
Even as companies continue to watch their spending, they
still plan slight increases to salaries in the coming year. Fifty-seven percent
of employers report their companies will increase salaries for existing
employees in 2010, down from 65% in 2009. Thirty-six percent expect to raise
salaries of existing employees by 3% or more, while 11% anticipate increases of
5% or more.
Twenty-nine percent of employers plan to increase
salaries on initial offers to new employees, down from 33% in 2009. Nearly
one-in-five (18%) employers will raise salaries on initial offers by 3% or more
while 7% anticipate increases of 5% or more.
Companies also plan to continue providing employees with
greater flexibility. Thirty-five percent of employers say they plan to provide
more flexible work arrangements in 2010, compared to 31% last year.
Arrangements employers plan to offer, according to the press release, include:
- Alternate schedules – come in early and leave early or come in later and leave later – 73%;
- Telecommuting options – 41%;
- Compressed workweeks – work the same hours, but in fewer days – 32%;
- Summer hours – 18%;
- Job sharing – 13%; and
- Sabbaticals – 6%.
Companies understand the intellectual capital mature
workers bring to their organization and 27% say they are open to retaining
their workers who are approaching retirement. Sixteen percent say they are
likely to rehire retirees from other companies in 2010, and one-in-ten are
likely to provide incentives for workers at or approaching retirement age to
stay on with the company longer.
At the same time, workers have expressed interest in
postponing retirement. Thirty percent of employers report they have received
requests from workers approaching retirement age to stay on with their company,
up from 22% last year.
CareerBuilder also found that close to four-in-ten employers (37%) plan to put a greater emphasis on social media in 2010 to create a more positive brand for their organization. One-in-five employers plan to add social media responsibilities to a current employee, while 8% plan to hire someone new to focus or partially focus on social media.
Hiring Expectations Increase
Employers are beginning to consider hiring strategies
designed to preserve the health and growth of their businesses for the future,
according to CareerBuilder’s 2010 Job Forecast.
Thirty-seven percent of employers say they plan to
replace lower-performing employees with higher-performers in 2010, according to
a press release.
Twenty percent of employers plan to increase their number
of full-time, permanent employees in 2010, up from 14% in 2009. Nine percent
say they plan to decrease headcount in 2010, down sharply from 16% in 2009.
Sixty-one percent don’t plan to change staff levels, while 10% say they are
Eleven percent of employers say they plan to add
part-time employees in 2010, up slightly from 9% in 2009. Eight percent say
they plan to decrease their part-time help in 2010, down from 14% in 2009.
Sixty-nine percent plan no change in part-time headcount, while 13% are unsure.
Three-in-ten employers anticipate hiring freelancers or
contractors in 2010, up slightly from 28% in 2009. Six percent expect to employ
more freelance workers or contractors than last year, while 15% expect to hire
the same amount and 10% plan to hire fewer.
Four-in-ten employers say they were forced to lay off
workers in the past year, and among those who had lay-offs in 2009, 32% now say
they plan to bring back workers, with three-in-ten either doing it now or planning
to do so in the first six months of 2010.
By region, nearly one-quarter of employers (24%) in the
West say they plan to add full-time workers in 2010, compared to 21% in the
Northeast, 20% in the South and 16% in the Midwest. While plans to decrease
headcounts in 2010 are down sharply across all regions, employers in the
Northeast still plan to trim headcounts by 10%, followed by an 8% decrease in
the South, Midwest, and West.
By industry, 32% of IT, 27% of manufacturing, and 23% of
financial services employers plan to add full-time, permanent employees in
2010, followed by 22% of employers in professional and business services and 21%
in sales. Twenty-one percent of health care employers are also planning to
expand staffs, as are 18% of transportation employers and 15% of retail
When asked in which areas they plan to hire in 2010,
one-third of respondents pointed to technology followed by 28% who cited
customer service. Nearly one-quarter (23%) plan to add sales people, 18% will
add research/development staff, 17% business development, 15%
accounting/finance, and 14% marketing.