“Three in four employers reported that they are in a better financial position than they were a year ago, which is instilling more confidence in adding people to their payrolls,” said Matt Ferguson, CareerBuilder’s CEO.
The national survey, conducted online by Harris Poll on behalf of CareerBuilder from November 16 to December 6, 2016, also indicates that employers will offer better wages. Two-thirds of employers (66%) plan to increase salaries on initial job offers. Thirty percent of all employers will raise starting pay by 5% or more.
Nearly half (47%) of employers expect to increase the minimum wage at their organizations. Of those employers, 44% will increase it by $3 or more; 20% will increase it by $5 or more.
“Following a divisive election season, employers are entering the New Year with a watchful, yet optimistic approach,” Ferguson said. Employers aren’t yet sure whether the incoming Trump administration will improve hiring.
How will Trump affect hiring?
Don’t know: 43%
No impact: 27%
Increase job creation: 23%
Decrease job creation: 7%
Source: CareerBuilder/Harris Poll, January 2017