CareerBuilder forecasts stronger hiring, higher pay in 2015
CareerBuilder’s annual job forecast reports that more than a third of U.S. employers expect to add full-time, permanent employees in 2015.
It was the best outlook since 2006 for the employment website’s annual survey, released Thursday. Salary increases – including raises for minimum wage workers – are also on the agenda of hiring managers, the survey said.
"The U.S. job market is turning a corner as caution gives way to confidence," said Matt Ferguson, CEO of CareerBuilder. “Hiring in 2014 was broad-based, including encouraging activity among small businesses and hard-hit sectors like manufacturing and construction.”
The amount of companies planning to hire in 2015 is up 12 percentage points over 2014, setting the stage for a more competitive environment for recruiters that may translate into higher wages in some sectors, he said.
Thirty-six percent of employers surveyed plan to increase full-time, permanent headcount in 2015, a significant jump from 24 percent last year when employers were more hesitant to expand their workforce, CareerBuilding reported. Nine percent expect to decrease staff levels, an improvement from 13 percent last year, while 48 percent anticipate no change and 8 percent are unsure.
The percentages of employers hiring full-time, permanent employees in information technology (54 percent), financial services (42 percent), manufacturing (41 percent) and Health Care1 (38 percent) are expected to outperform the national average, CareerBuilder reported.
Eighty-two percent of employers surveyed said they plan to increase compensation for existing employees – up from 73 percent last year – while 64 percent will offer higher starting salaries for new employees – up from 49 percent last year. Sales and information technology professionals are the most likely to receive raises, though increases are expected for a variety of job functions.
The national survey was conducted by Harris Poll from Nov. 4 to Dec. 2, 2014, and included a representative sample of 2,192 hiring managers and human resource professionals across industries.
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