Posted by Dave Lorenzo - Business Coach

CareerBuilder’s CEO Matt Ferguson has published his top career trends for 2007.  Here are the highlights:

Bigger Paychecks
To motivate top performers to join or stay with their organizations, employers plan to offer better compensation packages. Eighty-one percent of employers report their companies will increase salaries for existing employees.

Sixty-five percent will raise compensation levels by 3 percent or more while nearly one-in-five will raise compensation levels by 5 percent or more.

Nearly half of employers (49 percent) expect to increase salaries on initial offers to new employees.

Thirty-five percent will raise compensation levels by 3 percent or more while 17 percent will raise compensation levels by 5 percent or more.

More Flexible Work Arrangements
Work/life balance is a major buzzword among U.S. employers as employees struggle to balance heavy workloads and long hours with personal commitments.

Nineteen percent of employers say they are very or extremely willing to provide more flexible work arrangements for employees such as job sharing and alternate schedules. Thirty-one percent are fairly willing.

More Promotions
With the perceived lack of upper mobility within an organization being a major driver for employee turnover, employers are carving out clearer career paths.

Thirty-five percent of employers plan to provide more promotions and career advancement opportunities to their existing staff in the New Year.

Better Training
In light of the shortage of skilled workers within their own industries, the vast majority of employers — 86 percent — report they are willing to recruit workers who don’t have experience in their particular industry or field, but have transferable skills.

Seventy-eight percent report they are willing to recruit workers who don’t have experience in their particular industry or field and provide training/certifications needed.

This is all good news for you.  If you are looking to advance in your current company or looking to make a big move to a new company, 2007 looks like the perfect time to take your shot.

Filed under: Individual Economy
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