One-fifth of U.S. employers to hire more in 2010

By SiliconIndia  |   Tuesday, 29 December 2009, 10:26 Hrs   |    4 Comments
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One-fifth of U.S. employers to hire more in 2010
New York: With one-fifth of the U.S. employers planning to hire full-time permanent employees next year, up from 14 percent in 2009, it is a sign that the U.S. recession may be easing its grip on the market.

"There's definitely an uptick. The number of employers who say that they're going to add full-time workers is up from last year, and that is very good news," Michael Erwin, Senior Career Advisor at CareerBuilder told Reuters. According to the survey conducted by CareerBuilder.com, an online jobs site, just nine percent said that they plan to cut head count in 2010, down from 16 percent in 2009. The survey includes 2,700 hiring managers and human resource professionals.

Yet 61 percent of employers said they do not plan to change staffing levels, showing a degree of caution, Erwin said. "Employers are waiting to see what the economy does and what the new year brings," he said. One-third of employers plan to add technology jobs, while 28 percent said they would add customer service jobs and 23 percent said they planned to increase their sales force.

"Now it's really about growth so I think you're going to see customer service jobs added, sales jobs added. Those are really what can grow the business and make the money come back and get the customers back," Erwin said. Salaries and benefits are likely to stay tight, the research found.

57 percent of employers expect to see higher salaries for existing employees in 2010, down from 65 percent in 2009. Also, 29 percent plan to increase salaries in offers to new employees, down from 33 percent in 2009. As to bonuses, medical coverage and matching 401k contributions, the survey found 37 percent of employers plan to cut benefits in 2010, up from 32 percent who trimmed in 2009.

About 37 percent of employers said that they plan to take advantage of the large labor pool and replace low-performing employees in 2010.

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