Employers Evaluating Workforce in Preparing for Economic Rebound
A press release said employers are revising recruitment messaging and investing more in promoting career advancement, flexibility and a work culture that values employees. Steps being taken include:
- 24% are outlining potential career paths for current and future employees;
- 24% are offering more employee recognition programs;
- 21% are offering more flexible work schedules;
- 20% are revising job listings to emphasize a positive work culture;
- 18% are revising recruitment materials; and
- 16% are revamping their company career sites.
CareerBuilder’s survey found 42% of employers have cut certain benefits or perks at their organizations in 2009, with bonuses, medical coverage and 401(k)-matching topping the list of benefits most affected. In preparing for a rebound in the economy, only 14% are looking at offering more competitive pay and benefits.
Looking at a subset of human resource managers, according to the press release, 31% reported they are taking this time to replace lower-performing employees with stronger talent that may not have been available in a healthier economy. Forty-one percent reported they are currently evaluating their hiring process and implementing changes, and 49% are revising retention strategies.
The survey was conducted online within the U.S. by Harris Interactive on behalf of CareerBuilder among 2,543 hiring managers and human resource professionals (employed full-time; not self-employed; with at least significant involvement in hiring decisions; non- government) ages 18 and over between February 20 and March 11, 2009.
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