A DAY & ZIMMERMANN COMPANY

In case you missed it: Feb. 4

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Posted by Anna McMenamin

February 4, 2011

Last week we learned that Google expects 2011 to be its biggest hiring year in company history. The tech giant anticipates adding more than 6,000 people to its staff in the coming months, outpacing last year's new hires by over 1,500.

The effect of Google's announcement was overwhelming. Last week, Google received more than 75,000 job applications worldwide, setting a company record.

But Google isn't the only company optimistic about hiring this year. A recent survey by the National Association for Business Economics revealed that 42 percent of respondents anticipate an increase in hiring within the next six months. That's up from 39 percent during an October survey.

To prepare, companies are making investments in recruiting. A recent survey of human resources and recruitment professionals found that 76 percent of companies were expecting their talent acquisition budgets to stay the same or increase in Q1 2011 -- a 72 percent increase on the figure obtained from the same survey in 2010.

Optimism among employers seems to be on the rise when it comes to hiring in 2011. However, today's jobs report was somewhat more conflicted. Only time will tell when and by how much the U.S. employment situation will improve.

Somewhat related are the methods that employees are beginning to employee in order to discover the best way to save money.  Benefits such as the the 401K are not nearly as attractive as they were during the housing bubble.  Should employees look towards more savings alternatives it could potentially eliminate one loyalty that employees have had for some time, 401k vesting.

This post was written by Anna McMenamin, former Client Solutions Manager at Yoh.   Learn more about Anna.











Topics: HR Strategies

Hiring Managers Guide to IT Staffing

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