U.S. workers closed out the year with high hopes for 2013 as December’s Randstad Employee Confidence Index climbed 3.7 points to 55.4, indicating some of the highest levels of optimism in the past 12 months.
With fiscal cliff fears averted after Congress’ New Year’s Day deal on tax hikes and spending cuts, workers are feeling more positive about the economy, the job market and their ability to find employment.
“When you compare this month over December 2011’s reading, we are looking at a significant eight point increase,” said Randstad US managing director of human resources Jim Link. “As various economic events occurred around us, such as the presidential election, economic conditions abroad, and severe weather events, workers remained surprisingly confident throughout it all—with our Index falling only once under the 50.0 confidence threshold this year.”
Employees Kick Off 2013 With Positive Stance on Economy and Jobs
According to Randstad’s Index, which measures employee insights on jobs, the economy, and their personal employment situation, 31 percent of employees said the economy is getting stronger, one of the highest readings all year. Also, workers are feeling more positive about the job market, with 23 percent believing more jobs are available, up three percentage points from November.
Majority of Workers Give a Thumbs-Up For Job Security, Employers’ Future
Most workers (72 percent) report feeling confident in their own job security, while 59 percent are optimistic about the future of their employers
A Third of Workers Plan To Make Career Moves in 2013
While nearly half (49 percent) of workers say they are confident in their ability to find a new jobs, 34 percent of employees indicated they plan to transition to a new job in 2013.
Link said employee confidence on the job market should prompt employers to consider ways of retaining and engaging their workforce.
"We anticipate businesses’ desire for a more variable workforce to increase heading into next year, and workers’ desire to ‘work smarter’ and carve out their own career paths to increase,” Link said. “The most forward-looking employers are using this time to re-evaluate what motivates and retains their top performers before it’s too late.”