Most Employers Think Trump Won’t Affect Hiring

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A majority of employers don’t expect any near-term change in hiring plans due to the recent U.S. Presidential election, according to a new survey by DHI Group, Dice’s parent company. That follows an earlier DHI survey that found more employers cautious about hiring over the next twelve months.

The new survey analyzed responses from 491 hiring professionals who recruit within the technology industry, as well as 224 who recruit across a variety of industries. More than a third (40 percent) worked at companies with more than 500 employees.

In the survey, some 77 percent of employers suggested their hiring plans remained unchanged. Of the remainder, around 12 percent anticipated an increase in hiring next year due to the incoming Trump administration, which has promised initiatives to accelerate the economy such as corporate tax reform. Among that subset who think hiring will increase, some 39 percent of hiring managers who work in technology think that Trump tax reforms will have a positive impact.

Of the 11 percent of hiring managers who believe that hiring will decrease in 2017 due to the results of the Presidential election, some 44 percent of those involved exclusively in tech think that Trump’s immigration reforms will reduce the pool of available skilled labor in the United States.

The reason for that worry is simple: tech companies search far and wide for top talent. Many use H-1B visas to secure workers, and it’s an open question how a Trump administration will alter that particular aspect of immigration policy.

More than a third of the hiring managers who recruit across industries said that overall compensation packages rose between 2015 and 2016. Within tech, low unemployment (paired with a high rate of voluntary quits) has led to some companies offering ever-higher salaries in order to land top talent, often paired with top-shelf perks. But will that trend sustain through 2017?

Image Credit: Gino Santa Maria / Shutterstock.com

Comments

4 Responses to “Most Employers Think Trump Won’t Affect Hiring”

January 06, 2017 at 2:32 pm, Tony said:

Please send back all H1B and L1 visa holders. There is no skill shortage , its just companies want to hire cheap labor.
I think we should letter to Trump to take action immediately.

Reply

January 06, 2017 at 4:42 pm, Sunil said:

Am on L1 and totally irked with the cheap labor tag! Mr. Trump should put a minimum wage restriction in-line with the prevailing wages for citizens.
Not fair that most of us have to put in long hours and be paid less than our american peers.

Reply

January 09, 2017 at 1:24 am, Daly Lopez said:

The outsourcing of Tech Jobs must be stopped immediately. Once outsourcing is stopped, we will have good amount of jobs left for US citizens. There is no shortage of skilled workers in USA now. Most of the Tech Companies have outsourced their jobs to India and other countries. They hire one or two senior H1B / L1 visa employees here in USA and coordinate with a 20 member team off-site. The seniors coordinating with off-site team spend at least 16 hours per day here in USA and still get paid for 8 hours. These MNC’s are misusing the H1B and L1 visa workers by not paying them overtime as well. These MNC’s bid the projects with USA companies very low and pay their employees low as well and the quality of work delivered by off-site team is pathetic.

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January 28, 2017 at 6:00 pm, Juan said:

The article completely ignores the fact that so many technical jobs have gone contract, and that those contact workers depend on the ACA (ObamaCare) for their Health Insurance. Also, almost all young people entering IT enter the field via contract jobs, and they cannot make ends meet. They live at home to save money while they are paying off student loans. The only thing that saves them is that they can stay on their parents’ health insurance until they are 26 under the ACA. Their first IT job will NEVER include health insurance. What will happen to IT workers who cannot get permanent jobs starting in 2018? Will they leave the field?

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