This year, 51% of employers say they plan to hire while 31% say they anticipate keeping their employment levels steady, according to the Employee Engagement and Turnover Trends Report by TalentKeepers.

Meanwhile, only 19% of respondents say they expect to make staff cuts this year.

"Over a four-year period, companies reported a consistent decline in plans to downsize or reduce staff, from 43% in 2010 down to 19% for 2013," said Christopher Mulligan, CEO of TalentKeepers. "Also, more companies are stabilizing major business strategies as well as human resources practices, such as compensation and benefits, showing less urgency to react to changes in the economy, and a greater focus on executing current plans."

Complete your profile to continue reading and get FREE access to CUTimes.com, part of your ALM digital membership.

Your access to unlimited CUTimes.com content isn’t changing.
Once you are an ALM digital member, you’ll receive:

  • Breaking credit union news and analysis, on-site and via our newsletters and custom alerts
  • Weekly Shared Accounts podcast featuring exclusive interviews with industry leaders
  • Educational webcasts, white papers, and ebooks from industry thought leaders
  • Critical coverage of the commercial real estate and financial advisory markets on our other ALM sites, GlobeSt.com and ThinkAdvisor.com
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.