More Than Half of U.S. Companies Plan to Add New Positions in the Second Half of 2024
Rhea-AI Summary
Robert Half's State of U.S. Hiring Survey reveals 52% of companies plan to add new permanent positions in the second half of 2024, while 57% expect to hire contract workers. Despite a slight decrease from the first half of 2024, hiring intentions remain strong across various specializations. 86% of employers report hiring challenges, including lack of skilled applicants, hiring speed, and meeting salary expectations. To attract talent, companies are offering hybrid work options (41%), flexible hours (41%), and higher starting salaries (38%). The survey highlights the importance of strategic hiring plans and retention strategies in a competitive job market.
Positive
- 52% of companies plan to add new permanent positions in H2 2024
- 57% of companies expect to hire contract workers
- 43% plan to fill vacated positions
- Hiring intentions remain strong across various specializations
- 62% of managers are willing to be flexible on years of experience for skilled candidates
- Companies are offering attractive benefits like hybrid work options and higher starting salaries
Negative
- 86% of employers report hiring challenges
- Lack of applicants with required skills (48%)
- Difficulty in hiring quickly enough to land the best talent (48%)
- Challenges in meeting candidates' salary expectations (48%)
- 10 percentage point decrease in plans to hire contract professionals compared to H1 2024
News Market Reaction 1 Alert
On the day this news was published, RHI gained 1.15%, reflecting a mild positive market reaction.
Data tracked by StockTitan Argus on the day of publication.
52% plan to add new permanent roles;57% expect to hire contract workers- Despite plans to add new positions, hiring challenges persist
Hiring Plans for Permanent Staff | ||
First Half 2024 | Second Half 2024 | |
Adding new positions | 57 % | 52 % |
Filling vacated positions | 39 % | 43 % |
Not adding new or filling vacated positions | 2 % | 4 % |
Eliminating positions | 1 % | 0 % |
Hiring Plans by Specialization | ||
First Half 2024 | Second Half 2024 | |
Finance and Accounting | 43 % | 45 % |
Technology | 69 % | 58 % |
Marketing and Creative | 55 % | 48 % |
Legal | 60 % | 50 % |
Administrative and Customer Support | 47 % | 49 % |
Human Resources | 48 % | 56 % |
View a breakdown of hiring plans by specialization and city.
Hiring Challenges Persist
According to the survey, the top factors influencing hiring decisions include company growth (
- Lack of applicants with the required skills (
48% ) - Hiring quickly enough to land the best talent (
48% ) - Meeting candidates' salary expectations (
48% )
Given these challenges, nearly two-thirds (
Read more about The Demand for Skilled Talent.
"Today's workers are more selective when it comes to making a career move," said Dawn Fay, operational president of Robert Half. "Employers should have a strategic hiring plan in place and remain flexible in order to land in-demand talent and keep projects on track and workloads in check."
Attracting Talent Requires a Strategic Approach
To land the best talent and stand out from the competition, hiring managers are implementing proactive strategies and offering:
- Hybrid jobs where workers can spend time at home and in-office (
41% ) - Windowed work, allowing teams to work outside of typical business hours (
41% ) - Higher starting salaries (
38% )
Fay emphasized, "While hiring remains a priority, employers shouldn't lose sight of their current workforce. Skilled talent is still in high demand, so it's crucial to prioritize retention strategies to keep your best employees on board."
About the Research
The online survey was developed by Robert Half and conducted by an independent research firm in June 2024. It includes responses from more than 2,500 managers with hiring responsibilities in finance and accounting, technology, marketing and creative, legal, administrative and customer support, and human resources at companies with 20 or more employees in the
About Robert Half
Robert Half (NYSE: RHI) is the world's first and largest specialized talent solutions and business consulting firm, connecting highly skilled job seekers with rewarding opportunities at great companies. We offer contract talent and permanent placement solutions in the fields of finance and accounting, technology, marketing and creative, legal, and administrative and customer support, and we also provide executive search services. Robert Half is the parent company of Protiviti®, a global consulting firm that delivers internal audit, risk, business and technology consulting solutions. In the past 12 months, Robert Half, including Protiviti, has been named one of the Fortune® Most Admired Companies™ and 100 Best Companies to Work For and a Forbes Best Employer for Diversity. Explore talent solutions, research and insights at roberthalf.com.
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SOURCE Robert Half