Benefits January 29, 2003

Survey: 2003 Job Picture Bright for Execs

January 29, 2003 (PLANSPONSOR.com) - The job picture should be brighter during the first half of 2003 for executives, mid-to-upper level managers, professionals and sales and marketing people.
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According to a survey of executives by Management Recruiters International, Inc. (MRI), nearly half (45.2%) indicated plans to make additions to their staffs during the first half of 2003, up by 2.8 points from the second half of 2002, and 6.8 points higher than the same time last year.

Another 48.9% plan to keep their current staffing, down by .2 of a point, and 5.9% plan decreases, down by 2.4 points.

Plans to hire vary greatly among industry sectors among those indicating staff-increase plans over the next six months:

  • Healthcare, 62.1%
  • Finance, 61.7%
  • Nonprofit/Govt./Education, 48.3%
  • Construction, 46.4%
  • Manufacturing, 41.6%
  • Machinery, 37.5%
  • Business Services, 37.0%
  • Advertising/Marketing, 35.2%
  • Telecommunications, 30%
  • Technology, 21.7%.

The survey covered 630 executives.

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