Home » Overview » HR Trends July 2009

HR Trends

July Trends

Hiring and Recalls
Of those surveyed the majority (70%) anticipated that the number of hiring and recalls for the month of July would remain static. With 20 percent of respondents anticipating their organizations hirings and recalls will decrease over the course of the month.

Layoffs
20 percent of participants responded that they expected layoffs to increase over the next month while the remainder felt that layoffs would remain static (70%) or be down (10%).

Training
The majority of respondents (50%) said their investment in training is the same as it was last year this time.  30 percent responded training investments will be lower and 20 percent reported a higher investment in training this year compared to last.

Challenges facing the industry and the human resource implications
The current economic climate and uncertainty of the market are the primary challenges listed by a number of respondents. More than one participant noted losing essential employees during slowdowns (i.e., layoffs) in production as a potential HR implication—many are worried they will lack employees with key skill sets and will have to re-invest in training when their organization recovers.