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Retailers Battle For Talent With Incentives |
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Help-Wanted Advertising Index
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Addiction, Treatment and Recovery |
survey
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Nearly 70
percent also plan to eliminate jobs or keep payrolls flat.
More than two-thirds of HR
professionals (70 percent) are pessimistic about job growth and
anticipate job losses during the second quarter of 2009, a
slight decrease from the first quarter, according to the Labor
Market Outlook (LMO) survey by the Society for Human Resource
Management (SHRM).
Nearly 70 percent also plan to eliminate jobs or keep
payrolls flat. Specifically, 52 percent of HR professionals will
maintain staffing levels while 17 percent will cut jobs. The
good news is that the job cuts will be balanced by the 18
percent who plan to hire. Another 13 percent, however, are
unsure how their company will respond to second-quarter hiring
given the economic crisis.
"The numbers for hiring remain low but do mark a
quarter-to-quarter improvement," said Steve Williams, director
of research at SHRM. "HR professionals anticipate fewer job cuts
in the second quarter and more report a recruiting holding
pattern as the recession plays out on their bottom line."
In the first quarter of 2009, 84 percent of HR respondents
either cut jobs or kept payrolls flat (39 percent conducted
layoffs and 45 percent held steady). Managers, professionals,
hourly service workers, laborers, and skilled manual workers
remain the groups most affected by layoffs, while senior
executives are the least affected.
Additional survey highlights include:
Managers and professionals (54 percent) will be most affected
by
second quarter layoffs, followed by hourly service workers (46
percent), skilled manual workers (38 percent), and laborers/
unskilled
manual workers (29 percent). Senior executives (10 percent) and
contract/ temporary employees (15 percent) will be the least
affected
by layoffs.
Nonprofit organizations (24 percent) and privately owned
for-profit
organizations (22 percent) are more likely to increase staff in
the
second quarter of 2009.
In the first quarter of 2009, more publicly owned
for-profit (51
percent) and privately owned for-profit organizations (44
percent)
decreased staffing levels than government agencies (26 percent)
and
nonprofits (25 percent).
Nearly twice as many large organizations (30 percent) plan
to decrease
staff in the second quarter than medium (16 percent) or small
organizations (15 percent). The survey defines large
organizations as
those with more than 500 employees. Medium-size companies are
those
with 100 to 499 employees while small employers include fewer
than 100
workers.
More small organizations (24 percent) plan to increase
staff in the
second quarter than medium (23 percent) and large (15 percent)
organizations.
The Labor Market Outlook examines hiring and recruiting
trends based on a quarterly survey of more than 465 HR
professionals managing company staffing issues from a broad
range of public and private entities.
The LMO is part of a series of economy-related surveys
conducted by SHRM Research. Also released today from SHRM is the
poll, "Financial Challenges to the U.S. & Global Economy and its
Impact on Organizations."
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