2014 United States HR Survey Results
2014 United States HR Survey Results OUR THOUGHTS ON THE UNITED STATES When we launched this survey we published it as a salary survey first and foremost, however after looking at the results and seeing some of the interesting data that has come as a result, I’ve realized that this is more of an HR trend analysis than it is a salary survey. The results on pay increases and bonuses are always useful but, for me anyway, it is the trends and demographic data that I have found particularly fascinating. In each country survey we have made comparisons with the global data that we have received, which should attempt to make the data ever more relevant for global HR leaders. The specific HR trends for the US pull up some great facts but if I have to pick a few highlights the main three would be: 1.
Tenure has been an interesting statistic to read about across the globe and while we seem to have found locations that have people making too many moves, you do also wonder if people in the US make enough!? 41% of people in the US had been with their firm 4+ years and while it is nice to see loyalty the question that candidates should be asking is more around their own career progression. Are they being stretched?
2.
42% of people in the US were either pleased or very pleased with their pay rises compared to a global mean of 28.3% and just 21% in Hong Kong. The GFC might well address some of the goodwill towards pay, with a lot of people just happy to be in a job and grateful for any pay rise. However I also believe that cultural issues play a part and that pay, while important, isn’t necessarily as high on an individual’s agenda in the US as it is in Asia.
3.
Holiday allowances in the US rank highest for the least amount given to staff. 58% of people receive less than 20 days, which is the highest distribution in this category anywhere in the world.
The data provided is obviously just a sample of people that are known to us and while we might not know everyone, some of the insights are very valuable. I’ve never looked into trends like this globally before and hope this survey shows that as a business we are truly looking to add a greater value to the global HR community. If you would like to discuss any of the results in this survey please do not hesitate to contact me direct. I hope you enjoy reading. Thanks!
About Stuart Elliott Stuart set up Elliott Scott in 2011 having recruited HR practitioners at all levels since 2004. Stuart has recruited for HR professionals in both Europe and Asia and is well known in the global HR community. Having started out life as an in-house recruitment specialist before moving to agency recruitment, HR professionals are able to work with Stuart knowing that he has a full understanding of the needs and requirements that they are looking for. Stuart started in HR recruitment for Michael Page in London before moving to Asia to join Profile Search & Selection in 2006 and has been voted the Number 1 HR Headhunter in Asia Ex-Japan for 3 consecutive years.
© 2014 Elliott Scott HR Recruitment Limited
www.elliottscotthr.com
@ elliottscotthr
/ elliottscotthr
/ elliott-scott-hr
2014
United States HR Survey Results
The results from our 2014 Global Salary Survey focused on six key locations where Elliott Scott has made an impact in personal HR recruitment: Brazil, China, Hong Kong, Malaysia, Singapore and the US. Elliott Scott surveyed participants in our candidate, client and social networks, asking a range of questions relating to compensation and employee satisfaction. The following results represent our findings for United States compared to global trends. You can download the full reports from www.elliottscotthr.com or www.linkedin.com/company/elliott-scott-hr. For more information, please email us at [email protected]
Gender
Age
Is there a wider cultural issue?
Where have all the young people gone?
35%
64%
OF UNITED STATES RESPONDENTS
WERE AGED BETWEEN 25 AND 34
OF SURVEYS
COMPLETED GLOBALLY
WERE DONE SO BY WOMEN
ONLY
68%
BETWEEN 18 AND 24
RESPONDENTS
WERE FEMALE
Tenure
US shows greater signs of employee loyalty, but are they too loyal?
OF RESPONDENTS
GLOBALLY
HAVE BEEN WITH THEIR COMPANY
WHILE AGE
64% OF THEM WERE 35 OR ABOVE
18-24
25-34
35-44
44-54
55-64
USA
1%
35%
40%
21%
3%
GLOBAL
2%
36%
13%
1%
47%
4
Top Five Sectors
Banking & Finance are also tops in the US!
7%
FOR 4 YEARS OR MORE
CONSULTING
6%
BUT THE UNITED STATES
AND
60
%
IS ABOVE AVERAGE AT
40%
OF UNITED STATES RESPONDENTS
FOR 3 YEARS OR LESS
6
Tenure has been an interesting statistic to read about across the globe and while we seem to have found locations that have people making too many moves, you do also wonder if people in the US make enough!? 41% of people in the US had been with their firm 4+ years and while it is nice to see loyalty the question that candidates should be asking is more around their own career progression. Are they being stretched?
2.
42% of people in the US were either pleased or very pleased with their pay rises compared to a global mean of 28.3% and just 21% in Hong Kong. The GFC might well address some of the goodwill towards pay, with a lot of people just happy to be in a job and grateful for any pay rise. However I also believe that cultural issues play a part and that pay, while important, isn’t necessarily as high on an individual’s agenda in the US as it is in Asia.
3.
Holiday allowances in the US rank highest for the least amount given to staff. 58% of people receive less than 20 days, which is the highest distribution in this category anywhere in the world.
The data provided is obviously just a sample of people that are known to us and while we might not know everyone, some of the insights are very valuable. I’ve never looked into trends like this globally before and hope this survey shows that as a business we are truly looking to add a greater value to the global HR community. If you would like to discuss any of the results in this survey please do not hesitate to contact me direct. I hope you enjoy reading. Thanks!
About Stuart Elliott Stuart set up Elliott Scott in 2011 having recruited HR practitioners at all levels since 2004. Stuart has recruited for HR professionals in both Europe and Asia and is well known in the global HR community. Having started out life as an in-house recruitment specialist before moving to agency recruitment, HR professionals are able to work with Stuart knowing that he has a full understanding of the needs and requirements that they are looking for. Stuart started in HR recruitment for Michael Page in London before moving to Asia to join Profile Search & Selection in 2006 and has been voted the Number 1 HR Headhunter in Asia Ex-Japan for 3 consecutive years.
© 2014 Elliott Scott HR Recruitment Limited
www.elliottscotthr.com
@ elliottscotthr
/ elliottscotthr
/ elliott-scott-hr
2014
United States HR Survey Results
The results from our 2014 Global Salary Survey focused on six key locations where Elliott Scott has made an impact in personal HR recruitment: Brazil, China, Hong Kong, Malaysia, Singapore and the US. Elliott Scott surveyed participants in our candidate, client and social networks, asking a range of questions relating to compensation and employee satisfaction. The following results represent our findings for United States compared to global trends. You can download the full reports from www.elliottscotthr.com or www.linkedin.com/company/elliott-scott-hr. For more information, please email us at [email protected]
Gender
Age
Is there a wider cultural issue?
Where have all the young people gone?
35%
64%
OF UNITED STATES RESPONDENTS
WERE AGED BETWEEN 25 AND 34
OF SURVEYS
COMPLETED GLOBALLY
WERE DONE SO BY WOMEN
ONLY
68%
BETWEEN 18 AND 24
RESPONDENTS
WERE FEMALE
Tenure
US shows greater signs of employee loyalty, but are they too loyal?
OF RESPONDENTS
GLOBALLY
HAVE BEEN WITH THEIR COMPANY
WHILE AGE
64% OF THEM WERE 35 OR ABOVE
18-24
25-34
35-44
44-54
55-64
USA
1%
35%
40%
21%
3%
GLOBAL
2%
36%
13%
1%
47%
4
Top Five Sectors
Banking & Finance are also tops in the US!
7%
FOR 4 YEARS OR MORE
CONSULTING
6%
BUT THE UNITED STATES
AND
60
%
IS ABOVE AVERAGE AT
40%
OF UNITED STATES RESPONDENTS
FOR 3 YEARS OR LESS
6
