Business is optimistic about hiring, but worried about employee retention [infographic]

2013 is looking pretty good-and-dandy for business.

15% more businesses plan to hire this year compared to 2012. That’s good. 

70% expect performance to grow this year. That’s also good.

And small business wage growth is beating out mid- and large businesses. I say that’s pretty awesome. 

But employee retention continues to worry small, mid and large businesses. Not so good.

PayScale put together and awesome infographic with some great hiring and compensation facts. Check it out!

PayScale's 2013 Compensation Best Practices Infographic

What do you think? Are you hiring this year? Is employee retention a big concern for you, too?

Devan Perine

Devan Perine works with small business owners on their marketing and multimedia efforts. She's passionate about helping businesses build their presence online, and giving Gen Y a voice in the workplace. When she's not working, she loves to make a mess in the kitchen, and play with her band around Chicago. She loves to chat! Give her a shout on Google+, Twitter or LinkedIn.

Comments

  1. Devan – Excellent Infographic. I am hearing similar comments from my clients. They plan to hire, but finding employees with the right skills remains a concern. Improving employment picture is also making it difficult to retain good employees as they try to find better opportunities elsewhere.

    There are ways by which small business owners can retain their employees. By offering perks that are creative, yet doesn’t cost much employers can improve employee satisfaction and hence retention. You might be interested in this article I wrote some time ago on creative perks. Would love to hear your view on it – http://www.smallbizviewpoints.com/2012/03/04/creative-perks-that-keep-employees-motivated/

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