Despite
recent economic reports that show jobless claims have been down for several
consecutive weeks, employees reveal mixed feelings about what is in store at
their employer, for the overall job market and for their pay check in the year
ahead, according to the fourth-quarter Glassdoor employment confidence survey
of 2,118 U.S.
adults.
The survey, conducted on Glassdoor’s behalf by Harris Interactive, found employees
are more confident in their job security and company’s outlook in the next six
months than in the third quarter. However, employees have also remained
pessimistic about pay raises and grown more uncertain about the job market
since the third quarter.
Nearly half (45 percent) of employees reported they do not expect a pay raise
in the next 12 months, while approximately one-third (36 percent) said they
believe they will get one and 19 percent said they are unsure. Those who
thought they would receive a pay raise is down one percentage point from the
third quarter and five points from the fourth quarter of 2009. Those in the
West were even less optimistic where more than half (55 percent) do not expect
a pay raise in the next 12 months, up from 48 percent in the region in the
third quarter, compared with those in the Northeast (44 percent), Midwest (42
percent) and South (43 percent).
For more, read the eWeek article: Employee Confidence in Job Security, Company Outlook Increases.