Survey: Half Of All Companies Expect to Hire This Year

Despite concerns the economy may be stalling, half of all companies still plan to add staff this year.

Global outplacement and executive coaching firm Challenger, Gray & Christmas says of the 150 companies it surveyed, 46% said they’ve been hiring throughout last year and intend to hire more workers in 2020.Another 5% of them said they expect to up their headcount “significantly.”

Tempering the news is that far fewer companies feel the economy is improving. In 2018, 65% of the companies in the Challenger survey said they felt the economy had improved. When that question was asked last month, only 38% said the economy had improved. Another 35% felt there had been no change in 2019.

“The fact that half of companies are hiring this year is a positive for job seekers and indicates companies are continuing to enjoy a solid economy. That said, we are seeing some indicators, such as slow-growing wages, an increase in job cuts, and an exodus of CEOs, that may portend rough waters ahead,” said Andrew Challenger, company VP.

According to Challenger, Gray & Christmas, 1,640 CEOs left their posts last year, the most since CEO tracking began in 2002. The firm also reported that employers at US-based companies last year announced plans to cut 592,556 jobs, a 10% increase over the cuts announced in 2018.

Photo by Clem Onojeghuo on Unsplash

Tips for Starting a New Job as a Remote Employee
General Interest Green Key News Worklife

Tips for Starting a New Job as a Remote Employee

#WeAreGreenKey: Spotlight on Kayla Jones
General Interest Green Key News Pharma Worklife

#WeAreGreenKey: Spotlight on Kayla Jones

Green Key Unlocked: Marketing Technology Consultants
General Interest

Green Key Unlocked: Marketing Technology Consultants

How to Write a Thank You Email
General Interest Green Key News Worklife

How to Write a Thank You Email

#WeAreGreenKey: Spotlight on Ben Johnson
General Interest Green Key News Professional Support Worklife

#WeAreGreenKey: Spotlight on Ben Johnson

How Social Media Can Grow Your Business
Creative General Interest Green Key News Worklife

How Social Media Can Grow Your Business

How to Take Pride Beyond June
General Interest Green Key News Human Resources Worklife

How to Take Pride Beyond June

#WeAreGreenKey: Spotlight on Mary Baynard
General Interest Green Key News Professional Support Worklife

#WeAreGreenKey: Spotlight on Mary Baynard

How to Decide to Go Back to School
General Interest Green Key News Worklife

How to Decide to Go Back to School

#WeAreGreenKey: Spotlight on Becca Smith
General Interest Green Key News Worklife

#WeAreGreenKey: Spotlight on Becca Smith

How to Stay Connected in a Hybrid Environment
Accounting + Finance General Interest Green Key News Human Resources Worklife

How to Stay Connected in a Hybrid Environment

#WeAreGreenKey: Spotlight on Reilly Hickey
General Interest Green Key News Human Resources Professional Support Worklife

#WeAreGreenKey: Spotlight on Reilly Hickey

Green Key Unlocked: Keys to Success in Agency Recruiting
General Interest Green Key News Worklife

Green Key Unlocked: Keys to Success in Agency Recruiting

Resume Tricks for 2022
General Interest Green Key News Worklife

Resume Tricks for 2022

#WeAreGreenKey: Spotlight on Kornelia Klukowska
Accounting + Finance General Interest Green Key News Worklife

#WeAreGreenKey: Spotlight on Kornelia Klukowska

When to Say Goodbye to a Candidate
General Interest Green Key News Worklife

When to Say Goodbye to a Candidate

#WeAreGreenKey: Spotlight on Allison Vogt
General Interest Green Key News Worklife

#WeAreGreenKey: Spotlight on Allison Vogt

Green Key Unlocked: The Growth of Professional Support
General Interest Green Key News Professional Support Worklife

Green Key Unlocked: The Growth of Professional Support

#WeAreGreenKey: Spotlight on Brittany Leader
General Interest Green Key News Healthcare Worklife

#WeAreGreenKey: Spotlight on Brittany Leader

Green Key Unlocked: FAQs of Working with a Recruiter
General Interest Green Key News Pharma Worklife

Green Key Unlocked: FAQs of Working with a Recruiter

Latest Blog Posts
View All Posts
Tips for Starting a New Job as a Remote Employee

Tips for Starting a New Job as a Remote Employee

Times have certainly changed since the pandemic. Many jobs that are able to work remotely are doing just that, allowing...
Read More
#WeAreGreenKey: Spotlight on Kayla Jones

#WeAreGreenKey: Spotlight on Kayla Jones

Kayla has been with Green Key for six years. Originally a member of the Pharma team, she transitioned to the...
Read More
Green Key Unlocked: Marketing Technology Consultants

Green Key Unlocked: Marketing Technology Consultants

Consulting is one of the many trends that our Marketing Technology team has been seeing a lot of in the...
Read More