Tech Hiring Midyear Forecast
While 60% of employers plan to hire full-time, permanent employees in the second half of 2017 (up from 50% last year), only 27% of workers plan to change jobs in the back half of the year.
Also seeing an increase is the number of employers planning to hire temporary or contract workers in the second half at 46%, up from 32% in 2016.
"Events dominating national headlines have had a polarizing effect in the U.S., but most employers remain confident in their outlook for financial growth and plans for hiring," said Matt Ferguson, CEO of CareerBuilder and co-author of The Talent Equation. "Job seekers stand to benefit not only from having more options, but also from the growing intensity in the competition for talent. Employers are moving quickly to recruit candidates and they are willing to pay more across job levels. They are also placing a greater emphasis on candidates having a positive experience when they apply to their firms. The current climate puts job seekers in a more advantageous position."
IT tops the list for industries hiring in Q3 and Q4, 12 percentage points above the national average:
- Information technology (72%)
- Manufacturing (66%)
- Healthcare (64%)
- Financial services (62%)
The number of employers planning to offer higher starting salaries has also seen a big jump year-over-year:
- 72% feel they have to start paying higher wages because the market has become increasingly competitive for talent
- 53% plan to offer higher starting salaries for new employees over the next six months, a big jump from 39% last year
- 32% plan to increase starting salaries on job offers by 5% or more
- 66% plan to increase compensation for current employees before year end