Shrinking Salaries? Not For Facility Managers!

Posted on:

According to a recent survey conducted by CBSalary.com and SalaryExpert.com, facility management is among the top 20 professions anticipating sizable salary increases in 2010. The list is based on an analysis of data from the Occupational Employment Statistics provided by the Bureau of Labor Statistics, and ongoing surveys conducted by Salary Expert. Last year, Facility Managers (defined as professionals overseeing all things concerned with the operation, repair, maintenance, and construction of facilities, equipment, buildings, and grounds) earned $89,262. This year, they earn a salary of $94,491 placing them in the 11th position on the list with a +4.38% increase. The top 10 professions in order are: Oral Pathologists (+6.83%), Social Medical Researchers (+6.65%), Pharmacologists (+5.35%), Toxicologists (also +5.35%), Vocational Teachers (+4.93%), Deans (+4.9%), Social Psychologists (also +4.9%), Early Childhood Teachers (+4.8%), Insurances Agents (+4.73%), and Credit Representatives (+4.53%). Completing the top 20: 12. Software quality assurance testers (+4.23%) 13. Financial securities clerks (+4.2%) 14. Food and beverage order clerks (+4.18%) 15. Computer network analysts (+4.05%) 16. Purchasing directors (+4.03%) 17. Public accountants (+4%) 18. Accounts receivable managers (+4%) 19. Government fire marshals (+4%) 20. Retail store managers (+2.9%) SUMMARY OF 2010 FORECAST And while employers are still slow to hire, CareerBuilder’s 2010 Job Forecast suggests the hiring market may begin to thaw, as organizations are beginning to consider hiring strategies designed to preserve the health and growth of their businesses for the future. CareerBuilder surveyed more than 2,700 hiring managers and human resource professionals nationwide across industries. Full time Twenty percent of employers plan to increase their number of full-time, permanent employees in 2010, up from 14% in 2009. Nine percent say they plan to decrease headcount in 2010, down sharply from 16% in 2009. Sixty-one percent don’t plan to change staff levels, while 10% say they are unsure. Part time Eleven percent of employers plan say they plan to add part-time employees in 2010, up slightly from 9% in 2009. Eight percent say they plan to decrease their part-time help in 2010, down from 14% in 2009. Sixty-nine percent plan no change in headcount, while 13% are unsure. Hiring by region Employers in the West are planning to increase their headcounts more in 2010 than the other regions of the country. Nearly one-quarter of employers (24%) in the West say they plan to add full-time workers in 2010, compared to 21% in the Northeast, 20% in the South, and 16% in the Midwest. While plans to decrease headcounts in 2010 are down sharply across all regions, employers in the Northeast still plan to trim headcounts by 10%, followed by an 8% decrease in the South, Midwest and West. Hiring by industry Comparing selected industries, hiring is expected to increase in information technology, manufacturing, financial services, professional and business services, and sales in the coming year. Thirty-two percent of IT, 27% of manufacturing, and 23% of financial services employers plan to add full-time, permanent employees in 2010, followed by 22% of employers in professional and business services and 21% in sales. Health care employers are also planning to expand staffs at 21% followed by 18% of transportation employers and 15% of retail. Hiring by job type When asked which areas employers plan to hire for in 2010, one-third pointed to technology followed by 28% in customer service. Nearly one-quarter (23%) plan to add sales people, 18% will add research/development, 17% in business development, 15% in accounting/finance, and 14% in marketing. Compensation Even as companies continue to watch their spending, they still plan slight increases to salaries in the coming year. Fifty-seven percent of employers report their companies will increase salaries for existing employees in 2010, down from 65% in 2009. Thirty-six percent expect to raise salaries of existing employees by 3% or more, while 11% anticipate increases of 5% or more. Twenty-nine of employers plan to increase salaries on initial offers to new employees, down from 33% in 2009. Nearly one-in-five (18%) employers will raise salaries on initial offers by 3% or more, while 7% anticipate increases of 5% or more. HOW EMPLOYERS PLAN TO MOVE FORWARD IN THE NEW YEAR Companies are looking to the future and making up for lost ground caused by the recession. The following are 10 trends for 2010: 1. Replacing Lower Performing Employees Employers are taking advantage of the large number of top talent in the current labor pool to strengthen their work force. Thirty-seven percent of employers say they plan to replace lower-performing employees with higher performers in 2010. When asked to grade their current work force, 25% rated them an “A,” 60% a “B,” 15% a “C,” and 1% a “D.” Less than one-half of a percent felt their current staff was a failure. 2. Emphasis on Social Media to Strengthen Brand The economy required companies to make some tough decisions about their businesses, which had a negative impact on their brands. Close to four-in-ten employers (37%) plan to put a greater emphasis on social media in 2010 to create a more positive brand for their organization. One-in-five employers plan to add social media responsibilities to a current employee, while close to one-in-12 (8%) plan to hire someone new to focus or partially focus on social media. 3. Rehiring Laid-off Workers Companies needed to scale their businesses to market last year and four-in-10 employers say they were forced to lay off workers. Among those who had lay-offs in 2009, 32% of employers now say they plan to bring back workers with three-in-10 either doing it now or plan to do so in the first six months of 2010. 4. Flexible Work Arrangements Companies plan to continue providing employees with greater flexibility in hopes of maintaining a better work-life balance. Thirty-five percent of employers say they plan to provide more flexible work arrangements in 2010, compared to 31% last year. These arrangements include:
  • Alternate schedules – come in early and leave early or come in later and leave later – 73%
  • Telecommuting options – 41%
  • Compressed workweeks – work the same hours, but in fewer days – 32%
  • Summer hours – 18%
  • Job sharing – 13%
  • Sabbaticals – 6%
5. Cutting Perks and Benefits Even as companies look to the new year and toward growth opportunities for their businesses, many are still choosing to trim perks and benefits. Thirty-seven percent of employers say they will cut perks and benefits in 2010, up from 32% who said they trimmed in 2009. Perks and benefits employers plan to trim in the new year include bonuses, medical coverage, suspended 401k matching and office perks such as coffee, tea, and condiments. 6. Rehiring Retirees and Postponing Retirement Companies understand the intellectual capital mature workers bring to their organization, and 27% say they are open to retaining their workers who are approaching retirement. Sixteen percent say they are likely to rehire retirees from other companies in 2010. Additionally, one-in-10 are likely to provide incentives for workers at or approaching retirement age to stay on with the company longer. At the same time, workers have expressed interest in postponing retirement. Thirty percent of employers report they have received requests from workers approaching retirement age to stay on with their company, up from 22% last year. 7. Freelance or Contract Hiring While employers still plan to be cautious regarding the number of full-time employees they add in the new year, many will turn to freelance or contract employees to help keep their businesses moving forward. Three-in-10 employers anticipate hiring freelancers or contractors in 2010, up slightly from 28% in 2009. Six percent expect to employ more freelance workers or contractors than last year, while 15% expect to hire the same amount and 10% plan to hire fewer. 8. Green Jobs Employers will continue to turn some of their focus to the environment in the new year. Eleven percent of employers say they plan to add “green jobs” in 2010, the same amount who said they added them in 2009. “Green jobs” are positions that implement environmentally conscious design, policy, and technology to improve conservation and sustainability. 9. Bilingual Recruitment Employers have identified having a diverse work force as an important measure of success as they begin to rebuild their businesses after the economic downturn. One area they plan to focus on is building a bilingual team. Nearly four-in-10 employers (39%) said they plan to hire bilingual candidates in 2010 and half said that if they had two equally qualified candidates, they would be more inclined to hire the bilingual candidate. 10. Business Travel While employers are inching away from cost containment and more into growth, one area they still plan to save money on is business travel. Forty-three percent of employers say that in their organizations there will be less business travel in 2010 than in 2009.

Other posts by

Leave a Comment

» Comments RSS Feed