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U.S. Workers: 2013 Will Be A Better Year for Jobs, Economy

Randstad survey shows employees more optimistic than last year around the future of their companies, opportunities for promotions and the job market

ATLANTA, Dec. 18, 2012 /PRNewswire/ -- In a recent survey by Randstad U.S., workers revealed they are hopeful for a better year in 2013 when it comes to jobs and the economy. According to the survey, 57 percent of employees believe they are likely to receive a raise in 2013, up 10 percent from last year. Additionally, a majority of employees (59 percent) believe the job market will pick up next year. Workers also feel positive about their companies, with 47 percent predicting their employers will expand their workforce in 2013 and 30 percent believing they will receive a promotion (up seven and six percent, respectively from October 2011).

However, nearly half (47 percent) of workers feel the economy has negatively impacted their careers, yet only 15 percent of employees believe they might lose their jobs (down five percent from 2011). At the same time, most employees (78 percent) believe their companies have a great future.

"The outlook for next year certainly looks brighter for most employees. With the election and economic issues at home and abroad, a cloud of uncertainty had caused many employees to remain skeptical around future jobs and employability in 2012," said Jim Link, managing director of human resources for Randstad US. "Today we see employees are very positive about their future prospects and are hopeful to regain any economic momentum lost. As optimism increases, employee engagement will be increasingly important for companies' retention efforts. This is why it is so valuable for employers to analyze and understand what motivates their most important asset—talent."

Other data indicates employees are more optimistic when it comes to employer benefits and employment:

  • Just 16 percent of employees believe they will get a pay cut in 2013, down eight percent from last year        
  • Forty-one percent of employees believe their company will cut back on benefits in 2013, down six percent from 2011
  • Only a third of employees, 33 percent, believe their company will lay people off in the new year

When it comes to the job search, 47 percent of employees indicate they plan to explore their options when the job market picks up. While this number is down three percent from last quarter, it remains a top concern for companies as some struggle to retain top talent.

Most employees indicate positive attitudes towards their current jobs with over two-thirds, 68 percent, indicating their company makes an effort to keep them engaged. Also, 62 percent of workers expect to grow their careers with their current employers. Of workers surveyed, 79 percent indicated they are inspired to do their best and 77 percent are proud to work for their company or organization.

Methodology
The Randstad Engagement Index is comprised of findings from quarterly waves of research targeting employees and annual surveys of employers. The sixth wave of findings was conducted November 1-13, 2012 from a national sample of 3,417 adults aged 18 and older who are currently employed full time, sourced from Ipsos' U.S. online panel.

Weighting was used to balance demographics and ensure samples reflect the U.S. population of working adults.

Employees and employers were surveyed to compare notable differences in perceptions and attitudes. Multiple waves of research allow for trending and to track changes in perceptions and attitudes over time.  Research into employee attitudes and perceptions will be conducted quarterly. Research into employer attitudes and perceptions will be conducted on an annual basis.

About Ipsos Public Affairs
Ipsos Public Affairs is a non-partisan, objective, survey-based research practice which conducts strategic research initiatives for a diverse number of American and international organizations, based on public opinion research.  They are the international polling agency of record for Thomson Reuters, the world's leading source of intelligent information for businesses and professionals.  To learn more, visit: www.ipsos-pa.com.

About Randstad US
Randstad is a $22.5 billion global provider of HR services and the second largest staffing organization in the world. From temporary staffing to permanent placement to inhouse, professionals, search & selection, and HR Solutions, Randstad holds top positions around the world and has approximately 28,700 corporate employees working from its nearly 4,700 branches and inhouse locations in 40 countries. Founded in 1960 and headquartered in Diemen, the Netherlands, Randstad Holding nv is listed on the NYSE Euronext Amsterdam.

Learn more at http://www.randstad.com.

SOURCE Randstad

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