52% plan to add new permanent roles; 57% expect to hire contract workers
Despite plans to add new positions, hiring challenges persist
MENLO PARK, Calif., July 30, 2024 /PRNewswire/ — New research from talent solutions and business consulting firm Robert Half suggests hiring will keep pace for the remainder of the year. According to the company’s State of U.S. Hiring Survey, 52% of companies report plans to add new permanent positions in the second half of the year. Another 43% plan to fill for vacated positions, and 57% said they plan to increase the number of contract professionals on staff, down 10 percentage points from the first half of 2024.
Hiring Plans for Permanent Staff
|
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 (57%), employee turnover (47%) and project-based work requiring skilled talent (42%). However, most employers (86%) report hiring challenges, and their major areas of concern include:
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 (62%) of managers said they’d be willing to bend on years of experience if the candidate possessed the skills needed for the open role.
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 U.S.
About Robert HalfRobert 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.
SOURCE Robert Half
