Workers More Confident Amid Ongoing Bad News
Workers are balancing what they see against what they expect when it comes to job stability, raises and benefits in 2011, according to a recent survey from Glassdoor.com. Layoffs, compensation reductions (whether pay cuts or furloughs) and benefit reductions are still happening, but these measures appear to be on the decline. Meanwhile, there are fewer concerns about future layoffs, and confidence is rising. "It's no surprise employee confidence in the fourth quarter reflects a mixed bag of optimism and caution," said Rusty Rueff, a Glassdoor.com career and workplace expert and co-author of the book, Talent Force: A New Manifesto for the Human Side of Business. "Employee sentiment about their job, company and market will likely remain tempered until they see consistent and sustained periods of growth, fewer cutbacks at work and more people getting hired into positions that were either eliminated or put on hold during the recession." More than 2,100 U.S. workers took part in the survey, which was conducted by Harris Interactive.