Hiring Trends - 63% of companies plan to expand permanent roles in the first half of 2025, up from 52% six months ago [1] - 63% of companies will increase the number of contract professionals [1] - 34% of companies plan to fill vacated positions [1] - 57% of companies added new positions in the first half of 2024, compared to 63% planning to do so in the first half of 2025 [3] - 39% of companies filled vacated positions in the first half of 2024, compared to 34% planning to do so in the first half of 2025 [3] - Only 3% of companies plan to implement a hiring freeze in the first half of 2025, down from 4% in the second half of 2024 [3] Factors Driving Hiring - 56% of managers cite company growth as the primary factor influencing hiring decisions for the first half of 2025 [4] - 48% of managers cite the emergence of new projects as a key factor driving hiring [4] - 47% of managers identify employee turnover rates as a significant factor impacting hiring plans [4] Impact of Delayed Hiring - 42% of hiring managers report stretched bandwidth and employee burnout as the greatest impact of not filling roles in a timely manner [5] - 39% of hiring managers cite delayed project timelines as a consequence of delayed hiring [5] - 37% of hiring managers note decreased employee productivity due to unfilled roles [5] Strategies for Attracting and Retaining Talent - 35% of managers plan to develop or enhance mentorship programs to secure top talent [6] - 33% of managers intend to hire contract professionals for potential full-time roles [6] - 32% of managers plan to offer paid internships [6] - 22% of managers consider rehiring retired employees as consultants [6] Research Methodology - The survey was conducted in November 2024 and includes responses from over 1,680 managers with hiring responsibilities across various industries [7] - Respondents represent companies with 10 or more employees in the US [7]
Hiring Plans on the Rise: More than 6 in 10 U.S. Companies Plan to Add New Positions in the First Half of 2025