America Employed: Headcount Holds Steady; Mandatory Wage Hikes

America Employed explores the state of employment and unemployment in the United States. Learn more about the latest insights, according to a recent Express Employment Professionals-Harris Poll survey. This month’s topics cover hiring uncertainty and companies’ plans in case of mandatory wage increases.

    The survey revealed budget constraints may stall company growth:

    • 60% of companies plan to increase headcount in the second half of the year.
    • One-third of hiring managers plan to decrease their workforce or keep headcount the same due to budget.
    • Read more

    Regarding minimum wage, the survey showed:

    • 35% of hiring managers’ companies would increase salaries/wages across the board if/when there is a mandatory minimum wage increase.
    • Responses to mandates could include implementing more automation/AI, reducing the workforce, outsourcing, and/or decreasing employees’ hours.
    • Read more

    Last Updated on October 30, 2024