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SHRM Poll: The Ongoing Impact of the
Recession—Overall Financial Health
and Hiring
                            November 22, 2011
Introduction



 This is part one of a series of SHRM poll results about the ongoing impact of the
  recession. Overall results will be reported separately in three different topic areas:
     Recruiting and skill gaps.
     Overall financial health and hiring.
     Global competition and hiring strategies.


 Industry-specific results will be reported separately for each of the eight industries
  that were included in the sample:
     Construction, oil, mining and gas.
     Federal government.
     Finance.
     Health.
     Manufacturing.
     State and local government.
     Services—professional.
     High-tech.

                          SHRM Poll: The Ongoing Impact of the Recession—Overall Financial Health and Hiring ©SHRM 2011
                                                                                                                          2
Key Findings



 What percentage of staff have organizations laid off since the U.S. and global
  recession began in December 2007? Overall, 77% of organizations indicated they
  had lost 10% of employees or less in 2011, whereas in 2010 65% of organizations
  reported losing less than 10% of employees.

 How does organizations’ financial health compare to where it was 12 months ago?
  Results in 2011 were very similar to 2010 results. Two-thirds of organizations
  reported either no change (24% in 2011, 25% in 2010) or experiencing a mild to
  significant recovery (42% in 2011 and 2010), while one-third were in a mild (26% in
  2011, 24% in 2010) or significant decline (8% in 2011, 9% in 2011).




                        SHRM Poll: The Ongoing Impact of the Recession—Overall Financial Health and Hiring ©SHRM 2011
                                                                                                                        3
Key Findings



 Are organizations currently hiring? Nearly three out of four organizations (73%)
  were currently hiring full-time permanent staff. Larger organizations (500 to 24,999
  employees) were more likely to be hiring compared with smaller organizations (1 to
  499 employees).

 For what type of positions are organizations hiring? Most hiring is at
  nonmanagement levels (72% for hourly and 71% for salaried positions), and more
  than one-half (54%) of organizations are hiring for management positions such as
  directors and managers. About one out of five organizations (22%) is hiring at the
  executive/upper management level.




                        SHRM Poll: The Ongoing Impact of the Recession—Overall Financial Health and Hiring ©SHRM 2011
                                                                                                                        4
Key Findings



 Are organizations creating new positions or replacing jobs lost? In 2011, more
  organizations (58%) are mainly hiring direct replacements of jobs lost than they
  were in 2010 (41%), while fewer organizations (30%) are hiring for completely new
  positions in 2011 than they were in 2010 (47%). The proportion of organizations
  that are adding new duties to the jobs lost has remained unchanged at 12%. The
  smallest organizations (1 to 99 employees) are more likely to be hiring for
  completely new positions than are larger organizations (100 or more employees).

 Do completely new positions require new and different skill sets compared with
  the skills required for the jobs lost since the recession began? More than one-half
  (57%) of organizations require a mixture of new skills and the same type of skills for
  new positions, whereas 15% require completely new and different skill sets and
  28% require approximately the same types of skills as those required before the
  recession. When these positions required at least some new skills, 63% of
  organizations reported difficulty recruiting, especially among small organizations (1
  to 99 employees).


                         SHRM Poll: The Ongoing Impact of the Recession—Overall Financial Health and Hiring ©SHRM 2011
                                                                                                                         5
Thus far, what percentage of full-time permanent jobs have been lost at
your organization since the U.S. and global recession began in
December 2007?

                                                                                        31%                         2011 (n=2,273)
  Not applicable—did not lay off any staff
                                                                                                                    2010 (n=2,342)
                                                                                      28%
                                  1% to 5% of staff


                                                                             18%
                                6% to 10% of staff


                      10% or less (2011 data)                                                                                  77%
                    *Less than 10% (2010 data)                                                                       65%

              11% to 20% of staff (2011 data)                           12%
                * 10% to 20% (2010 data)                                         22%

                                                                      9%
                               21% to 50% of staff
                                                                       11%

                                                                 3%
                         More than 50% of staff
                                                                2%

Note: Percentages may not total 100% due to rounding. *2010 data had different categories than 2011 data: “Less than 10% of staff” and “10% to 20% of
staff”.
                                         SHRM Poll: The Ongoing Impact of the Recession—Overall Financial Health and Hiring ©SHRM 2011
                                                                                                                                                        6
Thus far, what percentage of full-time permanent jobs have been lost at
your organization since the U.S. and global recession began in
December 2007?

Comparisons by industry

The federal government and the finance industry are more likely to have had no layoffs than the construction, mining, oil and
gas, manufacturing, state and local government, professional services, and high-tech industries.

                                                                                           Construction, mining, oil and gas (20%)
                                                       …are more likely to                          Manufacturing (21%)
        Federal government (46%)
                                                       have had NO layoffs                   State and local government (31%)
              Finance (45%)
                                                              than...                           Services—professional (30%)
                                                                                                       High-tech (29%)


The construction, mining, oil and gas industry is more likely to have lost more than 50% of staff than the federal
government, finance, manufacturing, and professional services industries.

                                                                                                  Federal government (1%)
                                                        …is more likely to
                                                                                                        Finance (0%)
 Construction, mining, oil and gas (10%)        have lost more than 50% of staff
                                                                                                     Manufacturing (2%)
                                                              than...
                                                                                                 Services—professional (2%)




                                      SHRM Poll: The Ongoing Impact of the Recession—Overall Financial Health and Hiring ©SHRM 2011
                                                                                                                                      7
Thus far, what percentage of full-time permanent jobs have been lost at
 your organization since the U.S. and global recession began in
 December 2007?

Comparisons by organization staff size
Smaller organizations (1 to 499 employees) are more likely than larger organizations (500 to 24,999 employees) to have had NO
layoffs.

    Smaller organizations                 Larger organizations                   Differences based on organization staff size

 1 to 99 employees (37%)            500 to 2,499 employees (24%)
                                                                                     Smaller organizations > larger organizations
 100 to 499 employees (34%)         2,500 to 24,999 employees (25%)



Smaller organizations (1 to 99 employees) are more likely than larger organizations (100 to 24,999 employees) to have laid off more
than 50% of staff.

    Smaller organizations                 Larger organizations                   Differences based on organization staff size

                                    100 to 499 employees (2%)
 1 to 99 employees (6%)             500 to 2,499 employees (1%)                      Smaller organizations > larger organizations
                                    2,500 to 24,999 employees (1%)




                                      SHRM Poll: The Ongoing Impact of the Recession—Overall Financial Health and Hiring ©SHRM 2011
                                                                                                                                      8
In relation to the U.S. and global recession, would you say your
organization's overall financial health is declining or recovering
compared with 12 months ago?


                                                                9%                                2011 (n=2,277)
                In a significant recovery
                                                            7%                                    2010 (n=2,333)


                                                                                                            33%
                      In a mild recovery
                                                                                                               35%


                                                                                           24%
 No change compared with 12 months ago
                                                                                             25%


                                                                                               26%
                        In a mild decline
                                                                                           24%


                                                              8%
                  In a significant decline
                                                                9%




                            SHRM Poll: The Ongoing Impact of the Recession—Overall Financial Health and Hiring ©SHRM 2011
                                                                                                                            9
In relation to the U.S. and global recession, would you say your
organization's overall financial health is declining or recovering
compared with 12 months ago?

Comparisons by industry

The construction, mining, oil and gas, finance, manufacturing, services—professional, and high-tech industries are more likely to be
in a significant recovery than the federal government and state and local governments.

  Construction, mining, oil and gas (9%)
              Finance (11%)                           …are more likely to
                                                                                                 Federal government (2%)
          Manufacturing (19%)                     be in a significant recovery
                                                                                             State and local government (1%)
      Services—professional (11%)                            than...
             High-tech (14%)


The finance industry is more likely to be in a mild recovery than the federal government, health, state and local government, and
high-tech industries.

                                                                                                Federal government (12%)
                                                       …is more likely to
                                                                                                       Health (23%)
              Finance (46%)                          be in a mild recovery
                                                                                            State and local government (25%)
                                                             than...
                                                                                                      High-tech (29%)




                                     SHRM Poll: The Ongoing Impact of the Recession—Overall Financial Health and Hiring ©SHRM 2011
                                                                                                                                     10
Is your organization currently hiring full-time permanent staff?




                   No, 27%




                                                                                      Yes, 73%



Note: n = 2,286.

                             SHRM Poll: The Ongoing Impact of the Recession—Overall Financial Health and Hiring ©SHRM 2011
                                                                                                                             11
Is your organization currently hiring full-time permanent staff?


Comparisons by industry
The health industry is more likely to be currently hiring full-time staff than the construction, mining, oil and gas, federal
government, and professional services industries.

                                                         …is more likely to                Construction, mining, oil and gas (66%)
               Health (88%)                      be currently hiring full-time staff             Federal government (66%)
                                                               than...                          Services—professional (71%)

The high-tech industry is more likely to be currently hiring full-time staff than the construction, mining, oil and gas, and federal
government industries.

                                                         …is more likely to
                                                                                           Construction, mining, oil and gas (66%)
             High-tech (80%)                     be currently hiring full-time staff
                                                                                                 Federal government (66%)
                                                               than...

Comparisons by organization staff size
Larger organizations (500 to 24,999 employees) are more likely than smaller organizations (1 to 499 employees) to be currently
hiring full-time staff.

  Smaller organizations                Larger organizations                   Differences based on organization staff size

 1 to 99 employees (46%)          500 to 2,499 employees (85%)
                                                                                 Larger organizations > smaller organizations
 100 to 499 employees (74%)       2,500 to 24,999 employees (89%)


                                      SHRM Poll: The Ongoing Impact of the Recession—Overall Financial Health and Hiring ©SHRM 2011
                                                                                                                                       12
At what level(s) is your organization hiring?




                 Nonmanagement hourly employees                                                                                             72%




               Nonmanagement salaried employees                                                                                            71%




  Other management (e.g., directors, managers)                                                                             54%




  Executive/upper management (e.g., CEO, CFO)                                                22%




Note: n = 1,660. Percentages do not total 100% because respondents were able to select multiple response options. Only respondents whose organizations
were currently hiring full-time staff were asked this question.
                                          SHRM Poll: The Ongoing Impact of the Recession—Overall Financial Health and Hiring ©SHRM 2011
                                                                                                                                                         13
At what level(s) is your organization hiring?


Comparisons by industry
The health industry is more likely to be hiring executive/upper management employees than the construction, mining, oil and
gas, finance, manufacturing, professional services, and high-tech industries.

                                                                                         Construction, mining, oil and gas (15%)
                                                      …is more likely to
                                                                                                      Finance (20%)
                                                 be hiring executive/upper
              Health (40%)                                                                        Manufacturing (20%)
                                                     management staff
                                                                                              Services—professional (19%)
                                                            than...
                                                                                                     High-tech (16%)


The high tech industry is more likely to be hiring nonmanagement salaried employees than the construction, mining, oil and
gas, federal government, finance, health, manufacturing, state and local government, and professional services industries.

                                                                                         Construction, mining, oil and gas (70%)
                                                                                               Federal government (73%)
                                                      …is more likely to
                                                                                                      Finance (68%)
                                             be hiring nonmanagement salaried
             High-tech (91%)                                                                          Health (60%)
                                                          employees
                                                                                                  Manufacturing (64%)
                                                            than...
                                                                                           State and local government (66%)
                                                                                              Services—professional (79%)


                                    SHRM Poll: The Ongoing Impact of the Recession—Overall Financial Health and Hiring ©SHRM 2011
                                                                                                                                    14
At what level(s) is your organization hiring? (continued)


Comparisons by industry

The finance, health, manufacturing, and state and local government industries are more likely to be hiring nonmanagement hourly
employees than the federal government, professional services and high-tech industries.

              Finance (77%)                           …are more likely to
                                                                                                Federal government (58%)
              Health (90%)                    be hiring non-management hourly
                                                                                               Services—professional (59%)
          Manufacturing (85%)                              employees
                                                                                                      High-tech (51%)
    State and local government (79%)                         than...

Comparisons by organization staff size

Larger organizations (500 to 24,999 employees) are more likely than smaller organizations (1 to 499 employees) to be hiring
executive/upper management staff.

  Smaller organizations              Larger organizations                  Differences based on organization staff size

 1 to 99 employees (7%)         500 to 2,499 employees (23%)
                                                                               Larger organizations > smaller organizations
 100 to 499 employees (15%)     2,500 to 24,999 employees (39%)




                                     SHRM Poll: The Ongoing Impact of the Recession—Overall Financial Health and Hiring ©SHRM 2011
                                                                                                                                     15
At what level(s) is your organization hiring? (continued)


Comparisons by organization staff size
Larger organizations (500 to 25,000 or more employees) are more likely than smaller organizations (1 to 499 employees) to be hiring
other management-level employees (e.g., directors, managers).

  Smaller organizations              Larger organizations                 Differences based on organization staff size

                                500 to 2,499 employees (61%)
 1 to 99 employees (28%)
                                2,500 to 24,999 employees (70%)               Larger organizations > smaller organizations
 100 to 499 employees (46%)
                                25,000 or more employees (71%)



Larger organizations (2,500 to 24,999 employees) are more likely than smaller organizations (1 to 2,499 employees) to be hiring
nonmanagement salaried employees.

    Smaller organizations                Larger organizations              Differences based on organization staff size

 1 to 99 employees (58%)
 100 to 499 employees (66%)         2,500 to 24,999 employees (85%)            Larger organizations > smaller organizations
 500 to 2,499 employees (74%)




                                    SHRM Poll: The Ongoing Impact of the Recession—Overall Financial Health and Hiring ©SHRM 2011
                                                                                                                                    16
Which of the following best describes, in general, the nature of full-time
  positions your organization is currently hiring?



                                                                                                30%
                                 Completely new positions
                                                                                                             47%




                                                                                   12%
        New duties added to jobs lost (e.g., due to                                                                      2011 (n=1,640)
        layoffs, attrition) since the recession began                                                                    2010 (n=1,378)
                                                                                   12%




                                                                                                                   58%
      Direct replacements of jobs lost (e.g., due to
      layoffs, attrition) since the recession began
                                                                                                        41%


Note: Only respondents whose organizations were currently hiring full-time staff were asked this question.



                                                SHRM Poll: The Ongoing Impact of the Recession—Overall Financial Health and Hiring ©SHRM 2011
                                                                                                                                                17
Which of the following best describes, in general, the nature of full-time
positions your organization is currently hiring?

Comparisons by industry
The state and local governments are more likely to be hiring direct replacements of jobs lost since the recession began than the
construction, mining, oil and gas, federal government, finance, manufacturing, professional services, and high-tech industries.

                                                                                          Construction, mining, oil and gas (49%)
                                                      …are more likely to                       Federal government (63%)
                                             be hiring direct replacements of jobs                     Finance (60%)
   State and local governments (80%)
                                                lost since the recession began                     Manufacturing (54%)
                                                             than...                           Services—professional (48%)
                                                                                                      High-tech (39%)


The high-tech industry is more likely to be hiring for completely new positions than the federal government, finance, health, and
state and local government industries.

                                                       …is more likely to                       Federal government (27%)
                                                 be hiring for completely new                          Finance (29%)
             High-tech (46%)
                                                            positions                                  Health (21%)
                                                             than...                        State and local government (13%)




                                     SHRM Poll: The Ongoing Impact of the Recession—Overall Financial Health and Hiring ©SHRM 2011
                                                                                                                                     18
Which of the following best describes, in general, the nature of full-time
positions your organization is currently hiring?

Comparisons by organization staff size
Larger organizations (500 to 24,999 employees) are more likely than smaller organizations (1 to 99 employees) to be hiring direct
replacements of positions lost since the recession began.

  Smaller organizations               Larger organizations                 Differences based on organization staff size

                                500 to 2,499 employees (60%)
 1 to 99 employees (48%)                                                       Larger organizations > smaller organizations
                                2,500 to 24,999 employees (63%)



Smaller organizations (1 to 99 employees) are more likely than larger organizations (100 to 25,000 or more employees) to be hiring
for completely new positions.

    Smaller organizations                Larger organizations               Differences based on organization staff size

                                    100 to 499 employees (32%)
                                    500 to 2,499 employees (25%)
 1 to 99 employees (43%)                                                         Smaller organizations > larger organizations
                                    2,500 to 24,999 employees (24%)
                                    25,000 or more employees (22%)




                                     SHRM Poll: The Ongoing Impact of the Recession—Overall Financial Health and Hiring ©SHRM 2011
                                                                                                                                     19
Compared with the skills required for jobs lost since the recession began,
  do these completely new positions require any of the following skills?




                    Completely new and different skills                                    15%




                  A mixture of new skills and the same
                                                                                                                                      57%
                             types of skills




                       Approximately the same types of
                                                                                                        28%
                                   skills




Note: n = 467. Only respondents whose organizations were hiring full-time staff for “completely new positions” were asked this question.



                                               SHRM Poll: The Ongoing Impact of the Recession—Overall Financial Health and Hiring ©SHRM 2011
                                                                                                                                               20
Compared with the skills required for jobs lost since the recession began,
do these completely new positions require any of the following skills?

Comparisons by organization staff size
Approximately the same types of skills for completely new positions
Smaller organizations (1 to 99 employees) are more likely than larger organizations (100 to 24,999 employees) to require
approximately the same types of skills for completely new positions.

    Smaller organizations                Larger organizations               Differences based on organization staff size

                                    100 to 499 employees (27%)
 1 to 99 employees (45%)            500 to 2,499 employees (17%)                 Smaller organizations > larger organizations
                                    2,500 to 24,999 employees (22%)


A mixture of new skills and the same types of skills for completely new positions
Larger organizations (100 to 24,999 employees) are more likely than smaller organizations (1 to 99 employees) to require a mixture
of new skills and the same types of skills for completely new positions.

  Smaller organizations              Larger organizations                  Differences based on organization staff size

                                100 to 499 employees (60%)
 1 to 99 employees (40%)        500 to 2,499 employees (68%)                   Larger organizations > smaller organizations
                                2,500 to 24,999 employees (62%)




                                     SHRM Poll: The Ongoing Impact of the Recession—Overall Financial Health and Hiring ©SHRM 2011
                                                                                                                                     21
If the new jobs being created by your organization require new and
  different skill sets, how easy or difficult do you think it will be or has it
  been thus far to find qualified individuals for those positions?


                                                        5%
                               Very easy                                                                                     2011 (n=528)
                                                                       16%
                                                                                                                             2010 (n=749)

                                                                                            32%
                      Somewhat easy
                                                                                                              45%


                                                                                                                             56%
                 Somewhat difficult
                                                                                                  36%


                                                           7%
                          Very difficult
                                                      3%


Note: Only respondents whose organizations were hiring full-time staff for positions with “new duties added to jobs lost” or “completely new positions” that
required either “a mixture of new skills and the same types of skills” or “completely new and different skills” were asked this question.


                                               SHRM Poll: The Ongoing Impact of the Recession—Overall Financial Health and Hiring ©SHRM 2011
                                                                                                                                                               22
If the new jobs being created by your organization require new and
different skill sets, how easy or difficult do you think it will be or has it
been thus far to find qualified individuals for those positions?

Comparisons by organization staff size
Smaller organizations (1 to 99 employees) are more likely than larger organizations (500 to 24,999 employees) to report that it will
be or has been very difficult to find qualified individuals for jobs requiring new and different skill sets.

    Smaller organizations                 Larger organizations              Differences based on organization staff size

                                     500 to 2,499 employees (3%)
 1 to 99 employees (18%)                                                         Smaller organizations > larger organizations
                                     2,500 to 24,999 employees (3%)




                                     SHRM Poll: The Ongoing Impact of the Recession—Overall Financial Health and Hiring ©SHRM 2011
                                                                                                                                       23
Demographics: Organization Industry



                         State and local government                                                               20%


                                           Manufacturing                                                16%


                                                     Finance                                          15%


                                 Services--professional                                            14%


                  Construction, mining, oil and gas                                                14%


                                                  High-tech                               10%


                                    Federal government                               8%


                                                      Health               4%


Note: n = 2,286. Percentages do not total 100% due to rounding.

                                          SHRM Poll: The Ongoing Impact of the Recession—Overall Financial Health and Hiring ©SHRM 2011
                                                                                                                                          24
Demographics: Organization Sector




          Publicly owned for-profit organization                           19%



        Privately owned for-profit organization                                                       47%



                         Nonprofit organization                 8%



                            Government sector                                   24%



                                            Other         2%

   Note: n = 2,187.

                               SHRM Poll: The Ongoing Impact of the Recession—Overall Financial Health and Hiring ©SHRM 2011
                                                                                                                               25
Demographics: Organization Staff Size




                           31%
          25%
                                                      23%
                                                                                  17%



                                                                                                              4%


  1 to 99 employees 100 to 499 employees 00 to 2,499 employees to 24,999 employees or more employees
                                       5                   2,500              25,000
 Note: n = 2,161.



                           SHRM Poll: The Ongoing Impact of the Recession—Overall Financial Health and Hiring ©SHRM 2011
                                                                                                                           26
Demographics: Other



Does your organization have U.S.-                                 Is your organization a single-unit company or a
based operations (business units) only                            multi-unit company?
or does it operate multi-nationally?                               Single-unit company: A company in which
                                                                   the location and the company are one              38%
 U.S.-based operations only              74%                       and the same.
                                                                   Multi-unit company: A company that has
 Multinational operations                26%                                                                         62%
                                                                   more than one location.
n = 2,196.                                                         n = 2,226.


                                                                   Are HR policies and practices determined by the
                                                                   multi-unit corporate headquarters, by each work
 HR department/function for which                                  location or both?
 you responded throughout this survey                                Multi-unit headquarters determines HR policies
                                                                                                                               52%
                                                                     and practices
   Corporate (company wide)                69%
                                                                     Each work location determines HR policies and
   Business unit/division                  19%                                                                                 3%
                                                                     practices

   Facility/location                       12%                       A combination of both the work location and the
                                                                     multi-unit headquarters determine HR policies             44%
 n = 1,444.
                                                                     and practices

                                                                     n = 1,442.
 Note: Percentages may not total 100% due to rounding.

                                          SHRM Poll: The Ongoing Impact of the Recession—Overall Financial Health and Hiring ©SHRM 2011
                                                                                                                                          27
SHRM Poll: The Ongoing Impact of the Recession



 Methodology


       Response rate = 11%

       Sample composed of 2,286 randomly selected HR
        professionals from eight different industries in SHRM’s
        membership

       Margin of error +/- 2%

       Survey fielded August 18-September 2, 2011

              For more poll findings, visit www.shrm.org/surveys
              Follow us on Twitter: http://twitter.com/SHRM_Research



                        SHRM Poll: The Ongoing Impact of the Recession—Overall Financial Health and Hiring ©SHRM 2011
                                                                                                                        28

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Recession poll 2011 hiring financialhealth_final

  • 1. SHRM Poll: The Ongoing Impact of the Recession—Overall Financial Health and Hiring November 22, 2011
  • 2. Introduction  This is part one of a series of SHRM poll results about the ongoing impact of the recession. Overall results will be reported separately in three different topic areas:  Recruiting and skill gaps.  Overall financial health and hiring.  Global competition and hiring strategies.  Industry-specific results will be reported separately for each of the eight industries that were included in the sample:  Construction, oil, mining and gas.  Federal government.  Finance.  Health.  Manufacturing.  State and local government.  Services—professional.  High-tech. SHRM Poll: The Ongoing Impact of the Recession—Overall Financial Health and Hiring ©SHRM 2011 2
  • 3. Key Findings  What percentage of staff have organizations laid off since the U.S. and global recession began in December 2007? Overall, 77% of organizations indicated they had lost 10% of employees or less in 2011, whereas in 2010 65% of organizations reported losing less than 10% of employees.  How does organizations’ financial health compare to where it was 12 months ago? Results in 2011 were very similar to 2010 results. Two-thirds of organizations reported either no change (24% in 2011, 25% in 2010) or experiencing a mild to significant recovery (42% in 2011 and 2010), while one-third were in a mild (26% in 2011, 24% in 2010) or significant decline (8% in 2011, 9% in 2011). SHRM Poll: The Ongoing Impact of the Recession—Overall Financial Health and Hiring ©SHRM 2011 3
  • 4. Key Findings  Are organizations currently hiring? Nearly three out of four organizations (73%) were currently hiring full-time permanent staff. Larger organizations (500 to 24,999 employees) were more likely to be hiring compared with smaller organizations (1 to 499 employees).  For what type of positions are organizations hiring? Most hiring is at nonmanagement levels (72% for hourly and 71% for salaried positions), and more than one-half (54%) of organizations are hiring for management positions such as directors and managers. About one out of five organizations (22%) is hiring at the executive/upper management level. SHRM Poll: The Ongoing Impact of the Recession—Overall Financial Health and Hiring ©SHRM 2011 4
  • 5. Key Findings  Are organizations creating new positions or replacing jobs lost? In 2011, more organizations (58%) are mainly hiring direct replacements of jobs lost than they were in 2010 (41%), while fewer organizations (30%) are hiring for completely new positions in 2011 than they were in 2010 (47%). The proportion of organizations that are adding new duties to the jobs lost has remained unchanged at 12%. The smallest organizations (1 to 99 employees) are more likely to be hiring for completely new positions than are larger organizations (100 or more employees).  Do completely new positions require new and different skill sets compared with the skills required for the jobs lost since the recession began? More than one-half (57%) of organizations require a mixture of new skills and the same type of skills for new positions, whereas 15% require completely new and different skill sets and 28% require approximately the same types of skills as those required before the recession. When these positions required at least some new skills, 63% of organizations reported difficulty recruiting, especially among small organizations (1 to 99 employees). SHRM Poll: The Ongoing Impact of the Recession—Overall Financial Health and Hiring ©SHRM 2011 5
  • 6. Thus far, what percentage of full-time permanent jobs have been lost at your organization since the U.S. and global recession began in December 2007? 31% 2011 (n=2,273) Not applicable—did not lay off any staff 2010 (n=2,342) 28% 1% to 5% of staff 18% 6% to 10% of staff 10% or less (2011 data) 77% *Less than 10% (2010 data) 65% 11% to 20% of staff (2011 data) 12% * 10% to 20% (2010 data) 22% 9% 21% to 50% of staff 11% 3% More than 50% of staff 2% Note: Percentages may not total 100% due to rounding. *2010 data had different categories than 2011 data: “Less than 10% of staff” and “10% to 20% of staff”. SHRM Poll: The Ongoing Impact of the Recession—Overall Financial Health and Hiring ©SHRM 2011 6
  • 7. Thus far, what percentage of full-time permanent jobs have been lost at your organization since the U.S. and global recession began in December 2007? Comparisons by industry The federal government and the finance industry are more likely to have had no layoffs than the construction, mining, oil and gas, manufacturing, state and local government, professional services, and high-tech industries. Construction, mining, oil and gas (20%) …are more likely to Manufacturing (21%) Federal government (46%) have had NO layoffs State and local government (31%) Finance (45%) than... Services—professional (30%) High-tech (29%) The construction, mining, oil and gas industry is more likely to have lost more than 50% of staff than the federal government, finance, manufacturing, and professional services industries. Federal government (1%) …is more likely to Finance (0%) Construction, mining, oil and gas (10%) have lost more than 50% of staff Manufacturing (2%) than... Services—professional (2%) SHRM Poll: The Ongoing Impact of the Recession—Overall Financial Health and Hiring ©SHRM 2011 7
  • 8. Thus far, what percentage of full-time permanent jobs have been lost at your organization since the U.S. and global recession began in December 2007? Comparisons by organization staff size Smaller organizations (1 to 499 employees) are more likely than larger organizations (500 to 24,999 employees) to have had NO layoffs. Smaller organizations Larger organizations Differences based on organization staff size 1 to 99 employees (37%) 500 to 2,499 employees (24%) Smaller organizations > larger organizations 100 to 499 employees (34%) 2,500 to 24,999 employees (25%) Smaller organizations (1 to 99 employees) are more likely than larger organizations (100 to 24,999 employees) to have laid off more than 50% of staff. Smaller organizations Larger organizations Differences based on organization staff size 100 to 499 employees (2%) 1 to 99 employees (6%) 500 to 2,499 employees (1%) Smaller organizations > larger organizations 2,500 to 24,999 employees (1%) SHRM Poll: The Ongoing Impact of the Recession—Overall Financial Health and Hiring ©SHRM 2011 8
  • 9. In relation to the U.S. and global recession, would you say your organization's overall financial health is declining or recovering compared with 12 months ago? 9% 2011 (n=2,277) In a significant recovery 7% 2010 (n=2,333) 33% In a mild recovery 35% 24% No change compared with 12 months ago 25% 26% In a mild decline 24% 8% In a significant decline 9% SHRM Poll: The Ongoing Impact of the Recession—Overall Financial Health and Hiring ©SHRM 2011 9
  • 10. In relation to the U.S. and global recession, would you say your organization's overall financial health is declining or recovering compared with 12 months ago? Comparisons by industry The construction, mining, oil and gas, finance, manufacturing, services—professional, and high-tech industries are more likely to be in a significant recovery than the federal government and state and local governments. Construction, mining, oil and gas (9%) Finance (11%) …are more likely to Federal government (2%) Manufacturing (19%) be in a significant recovery State and local government (1%) Services—professional (11%) than... High-tech (14%) The finance industry is more likely to be in a mild recovery than the federal government, health, state and local government, and high-tech industries. Federal government (12%) …is more likely to Health (23%) Finance (46%) be in a mild recovery State and local government (25%) than... High-tech (29%) SHRM Poll: The Ongoing Impact of the Recession—Overall Financial Health and Hiring ©SHRM 2011 10
  • 11. Is your organization currently hiring full-time permanent staff? No, 27% Yes, 73% Note: n = 2,286. SHRM Poll: The Ongoing Impact of the Recession—Overall Financial Health and Hiring ©SHRM 2011 11
  • 12. Is your organization currently hiring full-time permanent staff? Comparisons by industry The health industry is more likely to be currently hiring full-time staff than the construction, mining, oil and gas, federal government, and professional services industries. …is more likely to Construction, mining, oil and gas (66%) Health (88%) be currently hiring full-time staff Federal government (66%) than... Services—professional (71%) The high-tech industry is more likely to be currently hiring full-time staff than the construction, mining, oil and gas, and federal government industries. …is more likely to Construction, mining, oil and gas (66%) High-tech (80%) be currently hiring full-time staff Federal government (66%) than... Comparisons by organization staff size Larger organizations (500 to 24,999 employees) are more likely than smaller organizations (1 to 499 employees) to be currently hiring full-time staff. Smaller organizations Larger organizations Differences based on organization staff size 1 to 99 employees (46%) 500 to 2,499 employees (85%) Larger organizations > smaller organizations 100 to 499 employees (74%) 2,500 to 24,999 employees (89%) SHRM Poll: The Ongoing Impact of the Recession—Overall Financial Health and Hiring ©SHRM 2011 12
  • 13. At what level(s) is your organization hiring? Nonmanagement hourly employees 72% Nonmanagement salaried employees 71% Other management (e.g., directors, managers) 54% Executive/upper management (e.g., CEO, CFO) 22% Note: n = 1,660. Percentages do not total 100% because respondents were able to select multiple response options. Only respondents whose organizations were currently hiring full-time staff were asked this question. SHRM Poll: The Ongoing Impact of the Recession—Overall Financial Health and Hiring ©SHRM 2011 13
  • 14. At what level(s) is your organization hiring? Comparisons by industry The health industry is more likely to be hiring executive/upper management employees than the construction, mining, oil and gas, finance, manufacturing, professional services, and high-tech industries. Construction, mining, oil and gas (15%) …is more likely to Finance (20%) be hiring executive/upper Health (40%) Manufacturing (20%) management staff Services—professional (19%) than... High-tech (16%) The high tech industry is more likely to be hiring nonmanagement salaried employees than the construction, mining, oil and gas, federal government, finance, health, manufacturing, state and local government, and professional services industries. Construction, mining, oil and gas (70%) Federal government (73%) …is more likely to Finance (68%) be hiring nonmanagement salaried High-tech (91%) Health (60%) employees Manufacturing (64%) than... State and local government (66%) Services—professional (79%) SHRM Poll: The Ongoing Impact of the Recession—Overall Financial Health and Hiring ©SHRM 2011 14
  • 15. At what level(s) is your organization hiring? (continued) Comparisons by industry The finance, health, manufacturing, and state and local government industries are more likely to be hiring nonmanagement hourly employees than the federal government, professional services and high-tech industries. Finance (77%) …are more likely to Federal government (58%) Health (90%) be hiring non-management hourly Services—professional (59%) Manufacturing (85%) employees High-tech (51%) State and local government (79%) than... Comparisons by organization staff size Larger organizations (500 to 24,999 employees) are more likely than smaller organizations (1 to 499 employees) to be hiring executive/upper management staff. Smaller organizations Larger organizations Differences based on organization staff size 1 to 99 employees (7%) 500 to 2,499 employees (23%) Larger organizations > smaller organizations 100 to 499 employees (15%) 2,500 to 24,999 employees (39%) SHRM Poll: The Ongoing Impact of the Recession—Overall Financial Health and Hiring ©SHRM 2011 15
  • 16. At what level(s) is your organization hiring? (continued) Comparisons by organization staff size Larger organizations (500 to 25,000 or more employees) are more likely than smaller organizations (1 to 499 employees) to be hiring other management-level employees (e.g., directors, managers). Smaller organizations Larger organizations Differences based on organization staff size 500 to 2,499 employees (61%) 1 to 99 employees (28%) 2,500 to 24,999 employees (70%) Larger organizations > smaller organizations 100 to 499 employees (46%) 25,000 or more employees (71%) Larger organizations (2,500 to 24,999 employees) are more likely than smaller organizations (1 to 2,499 employees) to be hiring nonmanagement salaried employees. Smaller organizations Larger organizations Differences based on organization staff size 1 to 99 employees (58%) 100 to 499 employees (66%) 2,500 to 24,999 employees (85%) Larger organizations > smaller organizations 500 to 2,499 employees (74%) SHRM Poll: The Ongoing Impact of the Recession—Overall Financial Health and Hiring ©SHRM 2011 16
  • 17. Which of the following best describes, in general, the nature of full-time positions your organization is currently hiring? 30% Completely new positions 47% 12% New duties added to jobs lost (e.g., due to 2011 (n=1,640) layoffs, attrition) since the recession began 2010 (n=1,378) 12% 58% Direct replacements of jobs lost (e.g., due to layoffs, attrition) since the recession began 41% Note: Only respondents whose organizations were currently hiring full-time staff were asked this question. SHRM Poll: The Ongoing Impact of the Recession—Overall Financial Health and Hiring ©SHRM 2011 17
  • 18. Which of the following best describes, in general, the nature of full-time positions your organization is currently hiring? Comparisons by industry The state and local governments are more likely to be hiring direct replacements of jobs lost since the recession began than the construction, mining, oil and gas, federal government, finance, manufacturing, professional services, and high-tech industries. Construction, mining, oil and gas (49%) …are more likely to Federal government (63%) be hiring direct replacements of jobs Finance (60%) State and local governments (80%) lost since the recession began Manufacturing (54%) than... Services—professional (48%) High-tech (39%) The high-tech industry is more likely to be hiring for completely new positions than the federal government, finance, health, and state and local government industries. …is more likely to Federal government (27%) be hiring for completely new Finance (29%) High-tech (46%) positions Health (21%) than... State and local government (13%) SHRM Poll: The Ongoing Impact of the Recession—Overall Financial Health and Hiring ©SHRM 2011 18
  • 19. Which of the following best describes, in general, the nature of full-time positions your organization is currently hiring? Comparisons by organization staff size Larger organizations (500 to 24,999 employees) are more likely than smaller organizations (1 to 99 employees) to be hiring direct replacements of positions lost since the recession began. Smaller organizations Larger organizations Differences based on organization staff size 500 to 2,499 employees (60%) 1 to 99 employees (48%) Larger organizations > smaller organizations 2,500 to 24,999 employees (63%) Smaller organizations (1 to 99 employees) are more likely than larger organizations (100 to 25,000 or more employees) to be hiring for completely new positions. Smaller organizations Larger organizations Differences based on organization staff size 100 to 499 employees (32%) 500 to 2,499 employees (25%) 1 to 99 employees (43%) Smaller organizations > larger organizations 2,500 to 24,999 employees (24%) 25,000 or more employees (22%) SHRM Poll: The Ongoing Impact of the Recession—Overall Financial Health and Hiring ©SHRM 2011 19
  • 20. Compared with the skills required for jobs lost since the recession began, do these completely new positions require any of the following skills? Completely new and different skills 15% A mixture of new skills and the same 57% types of skills Approximately the same types of 28% skills Note: n = 467. Only respondents whose organizations were hiring full-time staff for “completely new positions” were asked this question. SHRM Poll: The Ongoing Impact of the Recession—Overall Financial Health and Hiring ©SHRM 2011 20
  • 21. Compared with the skills required for jobs lost since the recession began, do these completely new positions require any of the following skills? Comparisons by organization staff size Approximately the same types of skills for completely new positions Smaller organizations (1 to 99 employees) are more likely than larger organizations (100 to 24,999 employees) to require approximately the same types of skills for completely new positions. Smaller organizations Larger organizations Differences based on organization staff size 100 to 499 employees (27%) 1 to 99 employees (45%) 500 to 2,499 employees (17%) Smaller organizations > larger organizations 2,500 to 24,999 employees (22%) A mixture of new skills and the same types of skills for completely new positions Larger organizations (100 to 24,999 employees) are more likely than smaller organizations (1 to 99 employees) to require a mixture of new skills and the same types of skills for completely new positions. Smaller organizations Larger organizations Differences based on organization staff size 100 to 499 employees (60%) 1 to 99 employees (40%) 500 to 2,499 employees (68%) Larger organizations > smaller organizations 2,500 to 24,999 employees (62%) SHRM Poll: The Ongoing Impact of the Recession—Overall Financial Health and Hiring ©SHRM 2011 21
  • 22. If the new jobs being created by your organization require new and different skill sets, how easy or difficult do you think it will be or has it been thus far to find qualified individuals for those positions? 5% Very easy 2011 (n=528) 16% 2010 (n=749) 32% Somewhat easy 45% 56% Somewhat difficult 36% 7% Very difficult 3% Note: Only respondents whose organizations were hiring full-time staff for positions with “new duties added to jobs lost” or “completely new positions” that required either “a mixture of new skills and the same types of skills” or “completely new and different skills” were asked this question. SHRM Poll: The Ongoing Impact of the Recession—Overall Financial Health and Hiring ©SHRM 2011 22
  • 23. If the new jobs being created by your organization require new and different skill sets, how easy or difficult do you think it will be or has it been thus far to find qualified individuals for those positions? Comparisons by organization staff size Smaller organizations (1 to 99 employees) are more likely than larger organizations (500 to 24,999 employees) to report that it will be or has been very difficult to find qualified individuals for jobs requiring new and different skill sets. Smaller organizations Larger organizations Differences based on organization staff size 500 to 2,499 employees (3%) 1 to 99 employees (18%) Smaller organizations > larger organizations 2,500 to 24,999 employees (3%) SHRM Poll: The Ongoing Impact of the Recession—Overall Financial Health and Hiring ©SHRM 2011 23
  • 24. Demographics: Organization Industry State and local government 20% Manufacturing 16% Finance 15% Services--professional 14% Construction, mining, oil and gas 14% High-tech 10% Federal government 8% Health 4% Note: n = 2,286. Percentages do not total 100% due to rounding. SHRM Poll: The Ongoing Impact of the Recession—Overall Financial Health and Hiring ©SHRM 2011 24
  • 25. Demographics: Organization Sector Publicly owned for-profit organization 19% Privately owned for-profit organization 47% Nonprofit organization 8% Government sector 24% Other 2% Note: n = 2,187. SHRM Poll: The Ongoing Impact of the Recession—Overall Financial Health and Hiring ©SHRM 2011 25
  • 26. Demographics: Organization Staff Size 31% 25% 23% 17% 4% 1 to 99 employees 100 to 499 employees 00 to 2,499 employees to 24,999 employees or more employees 5 2,500 25,000 Note: n = 2,161. SHRM Poll: The Ongoing Impact of the Recession—Overall Financial Health and Hiring ©SHRM 2011 26
  • 27. Demographics: Other Does your organization have U.S.- Is your organization a single-unit company or a based operations (business units) only multi-unit company? or does it operate multi-nationally? Single-unit company: A company in which the location and the company are one 38% U.S.-based operations only 74% and the same. Multi-unit company: A company that has Multinational operations 26% 62% more than one location. n = 2,196. n = 2,226. Are HR policies and practices determined by the multi-unit corporate headquarters, by each work HR department/function for which location or both? you responded throughout this survey Multi-unit headquarters determines HR policies 52% and practices Corporate (company wide) 69% Each work location determines HR policies and Business unit/division 19% 3% practices Facility/location 12% A combination of both the work location and the multi-unit headquarters determine HR policies 44% n = 1,444. and practices n = 1,442. Note: Percentages may not total 100% due to rounding. SHRM Poll: The Ongoing Impact of the Recession—Overall Financial Health and Hiring ©SHRM 2011 27
  • 28. SHRM Poll: The Ongoing Impact of the Recession Methodology  Response rate = 11%  Sample composed of 2,286 randomly selected HR professionals from eight different industries in SHRM’s membership  Margin of error +/- 2%  Survey fielded August 18-September 2, 2011 For more poll findings, visit www.shrm.org/surveys Follow us on Twitter: http://twitter.com/SHRM_Research SHRM Poll: The Ongoing Impact of the Recession—Overall Financial Health and Hiring ©SHRM 2011 28