HR optimistic about 2007

Human Resource managers at Israel's leading companies are expecting a hike in hiring activities in 2007, the Israeli Forum of Human Resource Managers reported Wednesday.

By AVI KRAWITZ
November 9, 2006 06:46

Human Resource managers at Israel's leading companies are expecting a hike in hiring activities in 2007, the Israeli Forum of Human Resource Managers reported Wednesday. The forum, which held a seminar Tuesday on the job market, said 71 percent of companies are planning to hire next year. In addition 76% of managers said they expect salaries at their companies to climb by 5% next year, while 19% foresee a 7% increase and 5% project a 10% pay rise. Some 63.5% of managers said their companies plan to invest more in their workers and 55.5% received a budget increase for training employees.


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