Facts and Opinions July 2009

Backup Plan

In the Workplace Tug of War survey of 2,241 U.S. adults, 49 percent say they have considered taking on a second job in recent months because of financial pressures; 27 percent say they are actively applying for, or have already secured, a second job.

Source: The Workforce Institute at Kronos Inc., Chelmsford, Mass

Postponing Retirement

A new survey of 500 HR executives at U.S.-based companies finds that 59 percent believe employees are delaying their retirement dates due to the worsening economic climate.

Source: Benefits in Crisis survey, Towers Perrin, Stamford, Conn

Making a Sacrifice

In order to save their jobs and help their employers reduce costs, 47 percent of 757 full-time employed adults say they would take a cut in both pay and the number of hours worked.

Source: Work+Life Fit, Inc., Madison, N.J.

Time to Worry

The average employee spends approximately 2.8 hours a day worrying about personal job concerns, such as company layoffs and/or losing his or her job, according to a survey of 1,000 American adults.

Source: Lynn Taylor Consulting, Santa Barbera, Calif.

Weighty Issue

Forty-three percent of 4,400 U.S. workers report gaining weight in their current jobs, according to a new survey.

Source: CareerBuilder.com , Chicago

Not for You

Sixty-seven percent of 575 WorldatWork member organizations indicate that executives are not eligible for referral bonuses and 46 percent say upper management is also ineligible to receive them.

Source: Bonus Program Practices 2008 survey, WorldatWork, Scottsdale, Ariz.

Ineffective Managers

According to the results of a survey of 675 employed adults, 53 percent say the overall performance of management in their compnaies is "so-so" or worse, while 15 percent say their managers are either "barely deserving the name 'management'" or "hopeless."

Source: Institute for Corporate Productivity, Seattle

28% Percent

Percent of American workers who admit they would act immorally-including lying or backstabbing-in order to keep their jobs.

Source: Newsweek

68% Percent

Percentage of employers that expect normal hiring to return by the third quarter of 2009, according to a survey of 8,000 firms representing more than 4.5 million employees.

Source: TalentDrive

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