HRMorning.com » Half of laid-off workers finding new work — and many are getting paid more

Half of laid-off workers finding new work — and many are getting paid more

September 29, 2009 by Christian Schappel
Posted in: Hiring, In this week's e-newsletter - benefits, Latest News & Views, Pay and benefits

Here’s a rare bright note in employment news: Nearly half (48%) of workers who were laid off from their full-time jobs in the past three months have found new, full-time work — up from 41% at the end of the first quarter.

Another 3% of laid-off workers found part-time work, which is down from 8%, according to a recent CareerBuilder survey of employees who were laid off from full-time jobs in the past year.

More than half able to negotiate higher pay

The survey also looked at a variety of characteristics of the individuals returning to work and found:

  • 56% were able to negotiate comparable or higher pay for their new positions
  • 44% took a pay cut with their new position
  • 38% found work in a different field, and
  • 20% found work in a new city or state.
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