Fewer employees will have to moonlight this year, and more employers plan to give raises. Read on to find out how else the improving economy will affect employment trends in 2011.
If you apply for a new job this year, be prepared to be interviewed – by video.
Video interviews are an emerging trend in 2011, according to a recent survey by CareerBuilder.com.
For their 10 Employment Trends to Watch in 2011 report, the website polled more than 2,400 hiring managers and 3,900 full-time employees to find out exactly how the recession has affected the job market.
“Businesses are becoming more agile and changing direction. They’re operating leaner and recruiting for opportunities in emerging areas,” says Brent Rasmussen, president of CareerBuilder North America. “Workers are transitioning to new fields, are more open to relocation and are more apt to consider opportunities outside of their current employers.”
Other employment trends from CareerBuilder’s report…
1. Shifting business direction: Due to the recession, 42 percent of employers said their company changed its business direction. For most of them, this change meant adding new revenue streams, but for 27 percent, it meant changing their core business completely or expanding into new areas that will eventually become their core business.
2. Working leaner: Since the recession started, 35 percent of employers have downsized their staffs, and most don’t expect their staff sizes to change in 2011. While 57 percent are now used to handling the workload with fewer employees, some employers will be hiring in other areas due to changing business direction.
3. Changing jobs: Employees are more hopeful about finding employment in 2011: 15 percent of full-time employees are actively seeking a new job, and 76 percent said that while they’re not looking, they’d change jobs for the right opportunity. That opportunity isn’t necessarily a bigger paycheck, however, because 68 percent value benefits more than salary.
4. Creating new functions: To keep up with trends, employers are creating new functions in their businesses, which means they’re adding jobs that focus on areas like social media, green energy, health care reform, and website security.
5. Video interviewing: Employers are relying on technology to help them screen more applicants with a fewer recruiters: 6 percent have already conducted job interviews by video, and another 11 percent plan to do so in 2011.
6. Less moonlighting: Although the economy is still down, fewer employees are working multiple jobs. In 2010, 19 percent worked more than one job, but in 2011, only 12 percent plan to.
7. Taking a global perspective: This year, 18 percent of employers will hire for operations in other countries, while 5 percent will recruit employees from other countries for domestic jobs.
8. Relocating talent: In 2010, 23 percent of those laid off who found new jobs had to change cities and/or states to find work. In 2011, 33 percent of employers said they would be willing to cover moving expenses for select candidates.
9. Promoting without pay: As the economy improves, 41 percent of employers worry that they will lose their best employees. So, in 2011, most plan to give raises existing employees, while 13 percent will offer employees a higher title for the same salary.
10. Going casual: This year, 33 percent of employers expect to be more flexible in terms of work arrangements (for example, telecommuting) and employees’ schedules, while 15 percent will adopt a more casual dress code.
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