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Talent

Hiring intentions remain stable going into 2024

HR Dive

December 12, 2023

Talent

Hiring intentions remain stable going into 2024

HR Dive

December 12, 2023

Photo by Eric Prouzet on Unsplash

Dive Brief:

  • Companies intend to maintain hiring in 2024, according to Dec. 7 survey results from Robert Half; 57% of managers surveyed said they plan to add new permanent positions in the first half of 2024, while close to 40% said they anticipate hiring for vacant positions.
  • Two-thirds of those surveyed said company growth was the main factor behind their decision. More than 3 in 4 said that projects that had been held in 2023 were planned to be picked back up in 2024.
  • Retention remains a key concern, however. The vast majority of managers surveyed said retention of top talent is their top concern, followed closely by keeping teams motivated.

Dive Insight:

The survey comes as other reports are mildly less optimistic about the market in 2024.

Notably, the most recent U.S. Bureau of Labor Statistics jobs report indicated that job growth may have “ground to a halt” in most industries outside government jobs and healthcare, one economist said. The retail industry — in the height of its seasonal rush — actually reported job losses. But generally, optimism remained high in reaction to the report, with stakeholders saying that job seekers had plenty of reason to have confidence going into the new year.

Click for full article

Retention is a key concern, however, especially as other analysts predict that investment in employee experience may plummet
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