Close Close
Popular Financial Topics Discover relevant content from across the suite of ALM legal publications From the Industry More content from ThinkAdvisor and select sponsors Investment Advisor Issue Gallery Read digital editions of Investment Advisor Magazine Tax Facts Get clear, current, and reliable answers to pressing tax questions
Luminaries Awards
ThinkAdvisor

Portfolio > ETFs > Broad Market

Administaff Forecasts Employment Growth

X
Your article was successfully shared with the contacts you provided.

NU Online News Service, Jan. 7, 2005, 3:12 p.m. EST

The job market at small and midsize employers might be improving.[@@]

Researchers at Administaff Inc., Houston, a human resources company, report that 78% of the company’s 4,600 small and midsize employer clients have higher expectations for growth for 2005 than they had for 2004.

Only 19% of the participating employees are predicting employment to flatten out, 59% expect to hire more employees in the coming year, and 59% say they are taking steps to boost employee retention.

Although compensation increased only 5% between the fourth quarter of 2003 and the fourth quarter of 2004, bonuses increased 15%, Administaff says.


NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.