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Improvement expected for Rhode Island jobs?

Posted on January 3, 2011

A new survey points to a better-than-expected economy in 2011 and predicts there may be more Rhode Island jobs on the horizon.

More employers plan to add full-time, permanent headcount in 2011 compared to 2010 with a continued emphasis on hiring in technology and revenue-producing fields. The survey, which was conducted by Harris Interactive© from November 15 to December 2, 2010, included more than 2,400 hiring managers and human resource professionals across industries and company sizes.
“More than half of employers reported they are in a better financial position today than they were one year ago,” said Matt Ferguson, CEO of CareerBuilder. “2011 will usher in a healthier employment picture as business leaders grow more confident in the economy. Our survey indicates more jobs will be added in 2011 than 2010, but job creation will remain gradual. The year will be characterized by steady, measured gains across various industries.”

Full-time Hiring
Twenty-four percent of employers plan to hire full-time, permanent employees in 2011, up from 20 percent in 2010 and 14 percent in 2009. Seven percent plan to decrease headcount, an improvement from 9 percent in 2010 and 16 percent in 2009. Fifty-eight percent anticipate no change in their staff levels while 11 percent are unsure.

Part-time Hiring
Thirteen percent of employers expect to hire part-time employees in the next 12 months, up from 11 percent in 2010 and 9 percent in 2009. Five percent plan to decrease part-time help, an improvement from 8 percent in 2010 and 14 percent in 2009. Seventy-one percent anticipate no change in their staff levels while 12 percent are unsure.

Contract/Temporary Hiring
Businesses will be relying on interim solutions to help shoulder growing workloads. One-third of hiring managers (34 percent) reported they will hire contract or temporary workers to supplement leaner staffs in 2011, up from 30 percent last year and 28 percent in 2009. Of those hiring, nearly one-in-four (24 percent) expect to add more than last year. Thirty-nine percent of employers plan to transition some contract or temporary staff into full-time, permanent employees.

Top Functional Areas for Hiring
Among employers who plan to increase their full-time, permanent headcount in 2011, Sales is the most popular functional area they will be hiring for as they focus on expanding their customer base and market penetration. The top ten functional areas for recruitment include:

    1) Sales – 27 percent
    2) Information Technology – 26 percent
    3) Customer Service – 25 percent
    4) Engineering – 21 percent
    5) Technology – 19 percent
    6) Administrative – 17 percent
    7) Business Development – 17 percent
    8) Marketing – 17 percent
    9) Research/Development – 15 percent
    10) Accounting/Finance – 14 percent
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