Word: expectancies
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...Even as these hiring professionals slog through the recession, they are increasingly optimistic about 2010. Two-thirds of companies that have imposed hiring freezes expect to lift them next year, according to a new survey conducted by global HR consulting firm Watson Wyatt. "Things have started to stabilize," says Watson Wyatt executive Laura Sejen, summarizing HR survey responses. "The outlook is fairly promising...
...Three quarters of the HR leaders who responded to the Watson Wyatt survey expect their business to improve by the end of this year. There's some good news on the salary front, too. A new survey from Mercer, a global HR consulting firm, found that average base salary has actually risen over the past year by an average of 3%. Mercer's compensation survey covered about a million workers at some 1,000 firms across various industries. Among HR administrators at firms that have frozen salaries, 69% expect such freezes to end over the next 12 months...
...improves a bit, the perks are dwindling. "The landscape may be permanently changed in terms of what American employers are able to provide in total rewards," says Sejen. "Many employees will be looking at permanently reduced levels of compensation and benefits." The areas where HR officials don't expect to restore spending to pre-recession levels include company health-care insurance contributions, travel reimbursements and retirement savings matches...
...this chart shows, the severe drop-off in demand has been punishing. But with technology advancing - and computers aging - the seeds for a replacement cycle are in place. Morgan Stanley's analysts expect the up cycle to start in the consumer segment of the market in the final quarter of 2009, then move on to small-business buyers and finally big corporate buyers in the second half...
...subprime-mortgage crisis have blurred your vision and made your ears bleed throughout the past year, this report will help boil it all down to what's essential - and it'll also throw in some graphic elements, if you're more of a visual learner. But don't expect any groundbreaking information. Since the center is research-based, much of what it has published in The State of the Nation's Housing has been reported or analyzed before. The report does, however, offer some interesting insights into how the "echo-boomer" generation could play a vital role in boosting...