CAREER HORIZONS RELEASES RESULTS OF SALARY AND EMPLOYMENT SURVEY.WOODBURY, N.Y.--(BUSINESS WIRE)--January 17, 1995--Career Horizons (NASDAQ NASDAQ in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on : CARH CARH Council for Affordable and Rural Housing CARH Coalition for Affordable and Reliable Health Care CARH Community Assistance for the Retarded and Handicapped ) announced the results of its 1995 Salary and Employment Survey of hundreds of companies nationwide employing more than one million employees. The 36-page survey includes findings on economic forecasts, as well as salary information on 14 job classifications, benefits, recruiting and business trends. 12 MONTH ECONOMIC FORECASTS Economic predictions suggest optimism. A full 43% of respondents In the context of marketing research, a representative sample drawn from a larger population of people from whom information is collected and used to develop or confirm marketing strategy. predicted that in 1995, economic conditions in their industry will improve; only 13.8% forecasts a decline. Job market stabilizes. More than 41% expect employment in their industry to improve; 43% expect the number of jobs in their company to increase. SALARIES Pay raises decline. The average pay raise employers plan for '95 is 4.6%, compared to the 1994 increase of 5.1%. BENEFITS Dressing down gets thumbs up. Some 67% of the companies surveyed report that they allow employees to dress casually on certain days. U.S. employees are entitled en·ti·tle tr.v. en·ti·tled, en·ti·tling, en·ti·tles 1. To give a name or title to. 2. To furnish with a right or claim to something: to 32 days off out of the available 260 work days during the first year of employment with a company. These benefits days include 10 vacation days, 8 holidays, 8 sick days, 3 personal days often used for religious observances and 3 days for miscellaneous reasons, such as bereavement Bereavement Definition Bereavement refers to the period of mourning and grief following the death of a beloved person or animal. The English word bereavement and birthdays. 17% of U.S. companies give employees their birthday off. "Family-Friendly" benefits decline. The number of companies offering both Child Care services and Elder Care assistance dropped. Child Care decreased from 5.6% in 1993 to 4.9% in 1994. Elder Care decreased from 4.6% in 1993 to 2.3% in 1994. Is the "9 to 5" headed for extinction extinction, in biology, disappearance of species of living organisms. Extinction occurs as a result of changed conditions to which the species is not suited. ? Flexible schedules are offered by a full 49.4% of the respondents, while 25% have work-at-home situations. Employers offer dental coverage almost three times more frequently than optical. While more than 60% provide employees with dental insurance Dental insurance is insurance designed to pay the costs associated with dental care. Dental insurance pays a portion of the bills from dentists, hospitals, and other providers of dental services. , only 23% offer optical care coverage. BUSINESS AND OFFICE TRENDS A full 55.4% of companies do not permit smoking on the premises at all. Only 5.4% allow smoking in all areas. One quarter of employers require drug testing for new hires. 11.7% require testing of current employees. Some 37% of the respondents either have a Total Quality Management program in place or have plans for one. RECRUITING Skilled workers are hard to find. The availability of skilled workers was cited far more frequently than salary as the reason for difficulty in recruiting. Only one out of three employers check educational references for new hires. Special projects and peak periods account for more than half of all temporary assignments. When asked for the reasons that they use temporary employees, 29.8% reported the reason to be special projects and 21.9% reported the need was due to a peak period of business activity. "As the economy steadily improves, clients continue to rely on Workload Management as their permanent business strategy. We have formed partnerships with our clients that have proven to increase their productivity with significant cost savings," says Joel B. Miller, President and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. of Career Horizons. Career Horizons, Inc., is a national provider of supplemental personnel with 431 offices in 43 states and the District of Columbia District of Columbia, federal district (2000 pop. 572,059, a 5.7% decrease in population since the 1990 census), 69 sq mi (179 sq km), on the east bank of the Potomac River, coextensive with the city of Washington, D.C. (the capital of the United States). . CONTACT: Career Horizons, Inc. Michael T. Druckman, 516/496-2300 or Ruder Finn Ruder Finn is an United States public relations firm founded in 1948 by David Finn and William Ruder. Ruder Finn is a privately held, family-owned company that employs more than 450 people. , Inc. Robert D. Ferris, 212/715-1573 or Career Horizons, Inc. Theo Mavros, 516/496-2300 or Ruder Finn, Inc. Cynthia DeMonte, 212-593-6321 |
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