Archive for February, 2010

According to  the Society of Human Resource Management’s (SHRM)  Leading Indicators  of National Employment’s (LINE) Report,  manufacturers and service-sector companies plan to increase hiring in February compared with the previous year. Few employers in both sectors reported increased recruiting difficulty in January, but it has become more challenging compared with a year ago. There were mixed results for new-hire compensation in January. While fewer service-sector companies increased new-hire compensation, the rate rose on an annual basis for the first time since ...

According to Workplace Visions, a publication of the Society of Human Resource Management, hiring expectations for the manufacturing and service sectors for January 2010 surpassed hiring expectations for the same period in 2009. 39% of survey respondents were somewhat optimistic about job growth in Q1 2010, although 25% were somewhat pessimistic.

Hiring fell  30% from 2006-2008, and employee turnover dropped from 16% in 2007 to 8% in 2009.
As the recovery continues, turnover is expected to increase as high performers leave those organizations whose financial ...