Friday, October 24, 2014

7 in 10 firms hiring over past 12 months: Was yours one of them?

By Tim Gould


More than seven in 10 companies have added staff in the past year, and more organizations are offering employees a 401(k) plan, according to a recent study. So how’s it going at your place?  
Here are a few benchmarks for you to see how your company’s doing in comparison with the participants in the 15th annual Transamerica Retirement Survey.

Seventy-two percent of the employers surveyed said they hired new employees in the last 12 months — only 16% say they’ve had to cut staff.

Almost three-quarters (74%) said they’ve increased salaries in the past year. Just 12% said they instituted salary freezes.

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