This Week's Herman Trend Alert

Leadership in Normal 2.0
 

  The Herman Trend Alert

July 23, 2014

Global Hiring will Increase

According to CareerBuilder and ManpowerGroupª, a high percentage of employers worldwide will add full-time, permanent employees within the next six months. In the United States, almost half of the employers polled plan to add full-time staff. One-third of the employers surveyed plan to hire temporary or contract workers. Globally, ManPowerGroupª forecasts in 37 of the 42 countries and territories surveyed, staffing levels are expected to increase.

Worldwide, the most optimistic Net Employment Outlooks were reported in India (46 percent), Taiwan (38 percent), Turkey (26 percent), New Zealand (25 percent), and Singapore (18 percent), while the weakest---and the only negative ---outlooks are reported in Italy (-8 percent), Belgium (-1 percent), France (-1 percent), Netherlands (-1 percent), and the Czech Republic (0 percent). Hiring expectations in Brazil and Mexico are 16 and 15 percent respectively.

In the US, the industries expected see the strongest upticks in full-time, permanent hiring are Information Technology (59 percent), Financial Services (57 percent), Hospitality (55 percent), Health Care (54 percent), and Manufacturing (54 percent). All percentages are up from two to nine percent.

More specifically, the hot jobs are in social media (11 percent), mobile technology (11 percent), cloud technology (10 percent), wellness (10 percent), content strategy for the Web (9 percent), managing and interpreting big data (9 percent), cyber security (8 percent), financial regulation (8 percent), search technology (8 percent), and health informatics (8 percent).

"While recruitment activity is notably stronger and increasing in enterprise organizations, small business hiring is holding steady and showing moderate improvement compared to last year." The greatest percentage increase (39 percent) will be in companies with 500 or fewer employees. However, even higher is the hiring expectation among companies with more than 500 employees: 61 percent.

For years, we have been counseling employers to advertise in high unemployment cities. We recently heard that laid off police recruits in cash-strapped Memphis, Tennessee have been attracted to jobs in burgeoning Austin, Texas.

What this optimism means for employers across the globe is increasing labor market pressures, greater recruiting challenges, and of course, higher employee turnover. This time, the signs are unmistakable. Many employers are in for unprecedented employee turnover. As we have written in numerous articles and books, the need to be recognized as an Employer of Choice¨ will become undeniable. It will be a matter of corporate survival.


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