The Bureau of Labor Statistics reported in January that job gains exceeded job losses for the first time since December 2007. In fact, job losses have steadily decreased from a high of 8.5 million in December 2008 to the lowest level since the series began in 1992. Is this a sure sign the economy is on a steady uphill climb? With unemployment stubbornly hovering around 9% according to the most recent BLS report, 2011 hiring is on the minds of many.
To get a better understanding of local hiring trends, Aureus Group recently conducted its Annual Hiring Trends Survey. According to the survey, 80% of respondents indicate plans to hire in 2011. While the majority of survey respondents plan to hire full-time positions, employers are also planning to fill part time and contract positions this year.
An overwhelming 80% of employers reported that “competency” is the most important skill they look for when making a final hiring decision. “Attitude” followed at 40%. When managing teams, respondents indicated that “resistance to change” and “inability to see beyond their functional role” were the top two most challenging employee issues. Forty percent of employers said that “poor interpersonal / communication skills” were also an employee challenge that made managing employees difficult.
When it came to reasons for employee terminations in the last two years, excluding downsizing due to the economy, 60% of survey respondents listed “unprofessional behavior” as the leading reason. Forty percent of respondents chose “low productivity” or “inability to work in a team environment” as primary rational for terminations.
Through the results of the survey we hope to provide you a better understanding of what challenges other employers are facing in the staffing process. Since the majority of employers expect to expand their workforce over the next few years, Aureus Group encourages you to be proactive with your talent management, acquisition, and retention strategies. Our partnership and consultation can help you with everything from analyzing fair market salaries, determining compensation plans, identifying talent gaps, to uncovering employee challenges.
About the Author Chris Carlson
Chris is an experienced executive in the staffing industry. She has extensive experience in developing and implementing operational analyses and programs and has assisted hundreds of firms streamline processes and upgrade the competencies of its workforce. Finding innovative ways to generate new business and build teams is her passion. She has developed and executed many successful strategic marketing plans. Chris began her career at Aureus Group, a full-service professional recruiting firm, in 1994 and currently serves as the regional manager of Aureus Group specializing in the Finance & Accounting, Systems and Executive search areas.
In addition, Chris is a Certified Professional Consultant, and has a Bachelor of Science in Business Administration and a Master’s of Business Administration from the University of Nebraska at Omaha.