What are the top priorities for business leaders like you for the rest of the year? Check out our infographic below to see what’s on their minds and their to-do list.
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Insperity Business Confidence Survey: Q2 2014 [Infographic]
1. Hiring activity for the quarter
Are you adding employees?
Yes Staying the same Laying off
up 1.6%
Average compensation
Bonuses Commissions Overtime
down 3.2% down 2.0%
Overtime is 10.6% of regular pay
. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
62% 28% 9% 1%
Plan to pay at the
current rate
Plan to
increase pay
Unsure Plan to cut pay
Perceptions of an economic recovery
of business owners think expect it Q4 of 2014 or later are unsure
we’re in an economic recovery
Current business concerns*
Hiring the right people Short-term concern:
60%
40%
20%
0%
Business concerns looking ahead
Government expansion:
Potential tax increases:
Performance, sales and prots
79%
YES
How are you going to increase profits?*
the economy
11%
Expect sales to drop
or are unsure
89%
* Denotes more than one answer choice was given.
Insperity conducted the survey July 8 – 10, 2014, of chief executive officers, chief financial officers and other executives in a variety of industries from its base of
approximately 5,300 Workforce Optimization® clients throughout the United States. The overall sampling error of the national survey is +/- 4.8 percent at the 95
percent confidence level. This survey is based on a combination of quarterly Insperity client compensation metrics and Business Confidence Survey responses.
MKT-P0814-1113
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Salary changes in Q2
Compared to this time in 2013:
42% 22% 36%
57%
51%
50%
42%
. . . . . . . . . . . . . . . . . . . . . .
. . . . . . . . . . . . . . . . . . . . . .
. . . . . . . . . . . . . . . . . . . . . . . . . . . .
. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
The federal deficit and national debt:
The economy:
. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Selling new accounts
Increasing service to clients
Adding new services or products
Investing in new improvements
Expect sales
to increase
or stay the same
21%
NO
Compared to your
January projections,
do you expect to
meet or exceed
your performance
targets in 2014?
Do you expect
your new business
sales to increase
or decrease?
Business
Condence
Survey Second Quarter: 2014
We asked the executives of 5,300
businesses to give us their plans for the
remainder of 2014, from hiring to health
care reform. These are the results.
. . . . . . . . . . . . . . . . . . . . . .
. . . . . . . . . . . . . . . . . . . . . .
41%
54%
5%
Down from
51% in April
50% 48%
71%
66%
46%
29%