When it comes to jobs and the economy, employees are looking forward to a better year in 2013, according to the latest survey released by Randstad U.S.
Employees Predict Promising Year of Promotions, Hiring & Bonuses
Most employees (57 percent) say they’re likely to receive a raise next year, up 10 percent from 2011, and nearly half (47 percent) expect their employers to expand their workforce. Also, 30 percent believe they will receive a promotion, up six percent from last year.
Companies must value most important asset – talent
“Today we see employees are very positive about their future prospects and are hopeful to regain any economic momentum lost,” said Jim Link, managing director of human resources for Randstad US. “As optimism increases, employee engagement will be increasingly important for companies’ retention efforts. This is why it is so valuable for employers to analyze and understand what motivates their most important asset—talent.”
Pay Cuts & Lay Offs Will Decrease in 2013, Employees Say
Employees are showing growing optimism regarding benefits and employment. Just 16 percent of employees believe they will get a pay cut in 2013, down eight percent from last year and only a third of employees (33 percent) believe their company will lay people off in the new year. Also, the number of employees who believe their company will cut back on benefits shrunk to 41 percent, down six percent from 2011.
Employees Are Looking at Job Options, While Employers Focus On Engagement
Nearly half of employees surveyed (47 percent) indicated they are planning to explore new options when the job market picks up. Most employees indicate positive attitudes towards their current jobs with over two-thirds, 68 percent, indicating their company makes an effort to keep them engaged. Also, 62 percent of workers expect to grow their careers with their current employers.