More employers expect to pay higher salaries-survey

* Majority expects to ramp up hiring in second half

* Smaller percentage sees significant jump in applicants

NEW YORK, June 1 (BestGrowthStock) – More U.S. employers expect to
pay higher salaries to new hires as demand for professional
staff improves with a stronger economy, a semiannual survey by
Dice Holdings Inc (DHX.N: ) found.

A quarter of employers and recruiters surveyed expect
salaries for new employees to rise from last year, up from 10
percent who said so six months ago, according to Dice, which
runs specialized websites aimed at finance, technology and
health professionals.

About half said salaries would be the same as last year,
the survey found. The survey, conducted late last month,
includes responses from about 800 companies, recruiting firms
and government offices.

A majority said they would ramp up hiring in the second
half of the year, and about 10 percent expect a substantial
increase in hiring. About 26 percent said they were taking less
time to fill open positions, largely because it is easier to
find qualified professionals.

Thirty-one percent of those surveyed said the number of
candidates applying for jobs was up significantly, but that was
well below the 54 percent who said so in November.

A government jobs report due on Friday is expected to show
more than 500,000 jobs added outside the farm sector in May,
with the unemployment rate expected to dip to 9.8 percent.
[ECI/US]

Stock Market News

(Reporting by Nick Zieminski; Editing by Lisa Von Ahn)

More employers expect to pay higher salaries-survey