HRO Today July/August 2017 - 48
HRO Today Research
WORKER CONFIDENCE INDEX | FIRST QUARTER 2017
Job Security Index
110
105
104.7%
100
99.2%
95
1Q '16
2Q '16
3Q '16
4Q '16
1Q '17
104.7%
105.1%
104.9%
at its highest at 10.2 points. There remains a strong
negative correlation between age and promotion,
where the older one gets, the less optimistic one is
about the likelihood of promotion. Those with the
highest incomes were the most optimistic about their
chance of a promotion. In addition, whites were much
less likely than African Americans or Hispanics to
anticipate a promotion. Despite having the highest
concern about job stability, those with a college degree
had the greatest optimism about receiving a promotion.
Likelihood of Job Loss by Gender
15
10
10.4%
6.7%
5
But those with job security are feeling positive about
the prospects for a raise. Almost one-third (30 percent)
of respondents indicated they'd get a raise of at
least 3 percent after their next review, increasing 6.1
percentage points since 2016. Males were more likely
than females to anticipate getting a raise, 36.7 percent
compared to 25.3 percent respectively. The gap between
male and female expectations about getting a raise
has more than doubled since the third quarter of 2015,
although it held steady in the first quarter of 2017. As
income increases, so does the belief in the likelihood of
a raise. Those with at least $100,000 annual household
income are the most inclined to think they'll get a
raise, while those making under $35,000 are the least
optimistic. The gap between high-income and low0
1Q
'16
2Q '16
© 2017 SharedXpertise
[48]
HRO TODAY MAGAZINE
| JULY/AUGUST 2017
10.5%
6.8%
income workers could be widening. Research results also
shows that as age increases after 35, the belief there
will be a raise of at least 3 percent after the next review
declines steadily. As employees get older, more and
more theyfeel that what they make today is what they'll
make tomorrow.
Male
Female
13.7%
12.7%
10.7%
3Q '16
Trust in company leadership edged downward by
one point since last quarter, and it now stands at 44
percent of study participants who trust their company's
leadership. Overall, men are more likely than women
to trust company leadership. With age, the trust in
leadership declines steadily. The study found that
the younger the respondent, the more confidence in
the company leadership. Education also plays a role;
respondents with a college education are more likely to
trust their leadership.
9.9%
7.4%
6.5%
4Q '16
1Q '17
Despite low unemployment, high job security, high
consumer confidence, and good corporate earnings
reports, the economy is sluggish, with consumers and
businesses hesitant to spend.
For more information from this quarters' WCI, visit
www.hrotoday.com/category/market-intelligence/research.
7
http://www.hrotoday.com/category/market-intelligence/research
HRO Today July/August 2017
Table of Contents for the Digital Edition of HRO Today July/August 2017
HRO Today July/August 2017 - 1
HRO Today July/August 2017 - 2
HRO Today July/August 2017 - 3
HRO Today July/August 2017 - 4
HRO Today July/August 2017 - 5
HRO Today July/August 2017 - 6
HRO Today July/August 2017 - 7
HRO Today July/August 2017 - 8
HRO Today July/August 2017 - 9
HRO Today July/August 2017 - 10
HRO Today July/August 2017 - 11
HRO Today July/August 2017 - 12
HRO Today July/August 2017 - 13
HRO Today July/August 2017 - 14
HRO Today July/August 2017 - 15
HRO Today July/August 2017 - 16
HRO Today July/August 2017 - 17
HRO Today July/August 2017 - 18
HRO Today July/August 2017 - 19
HRO Today July/August 2017 - 20
HRO Today July/August 2017 - 21
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HRO Today July/August 2017 - 25
HRO Today July/August 2017 - 26
HRO Today July/August 2017 - 27
HRO Today July/August 2017 - 28
HRO Today July/August 2017 - 29
HRO Today July/August 2017 - 30
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HRO Today July/August 2017 - 68
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