U.S. Workers Increasingly Worried about Pay, Perks & Prospects

        U.S. Workers Increasingly Worried about Pay, Perks & Prospects

Second monthly Harris Poll Jobs and Benefits Security Index finds older and
middle-to-high income workers to be especially troubled

PR Newswire

NEW YORK, May 2, 2013

NEW YORK, May 2, 2013 /PRNewswire/ --American workers are increasingly
worried about their income and benefits security, as well as their
employability, with aggregated concerns regarding these issues showing a
slight increase since last month (from 56% in March to 57% in April). This
combined measure shows a strong and increasing concern, particularly among
older and higher income workers, while individual concerns show more dramatic
month-to-month shifts among all workers. These are among the findings of the
recently-introduced Harris Poll Jobs and Benefits Security Index, which
provides a score that is measured monthly to track the changing sentiment of
today's American workers.

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The Harris Poll Jobs and Benefits Security Index offers an internal view into
today's American workplace by reporting on the job/benefits security pulse of
the worker. The online survey of 935 American workers was conducted between
April 15 and 17, 2013 by The Harris Poll (full findings and data tables
available here). Key findings include:

  oMore U.S. workers (50% March - 53% April) expect to do more work without
    getting more money in the next three months;
  oMore U.S. workers (20% March - 24% April) expect to have their salary or
    hours reduced in the next three months;
  oLess U.S. workers (61% March - 55% April) believe that if they were going
    to look for a new job, they would be able to find one;
  oAnd, less U.S. workers believe they will get a raise from their employer
    (35% March - 29% April) or receive better retirement benefits (18% March -
    13% April) in the next three months.

Looking at the aggregated Jobs and Benefits Security Index measurement,
findings of particular note are that:

  oU.S. workers with an annual household income of $50,000-$74,999 (58%
    March-62% April) are both the most concerned income group, and the group
    showing the sharpest month-over-month rise in concern. Those with incomes
    of $75,000 or more also show notable growth in concerns (56% March-59%
    April).
  oU.S. workers ages 55 and older (60% March-63% April) are, in an echo of
    the trend above, the age group showing both the greatest overall concern
    and the most prominent growth in this measure.

Harris Interactive President and Chief Executive Officer Al Angrisani, also
the former Assistant Secretary of Labor under President Reagan, asserts that
"The Harris Poll Jobs and Benefits Security Index points to a rise in worker
insecurity about their income, benefits and employability this past month.
Specifically, workers are more pessimistic about the likelihood of finding a
job if they need to look for one, as well as the likelihood of seeing a
benefits improvement."

"Escalation in the index also speaks to structural changes occurring in
today's workplace, with employers seeking growth in worker productivity, at
the expense of hiring a new full time employee with increasing tax and
benefits costs," continues Angrisani. "Recruiting and hiring talent and new
employees appears to have become a major investment consideration for
employers and this new phenomenon is contributing to an increase in job
'insecurity' within corporate America."

Attentive readers may notice that the study was fielded in the wake of the
tragic bombing of the Boston Marathon. As such, results may also reflect
anxieties that the attack could set off a ripple effect in the economy.

To see other recent Harris Polls, please visit the Harris Poll News Room.

Methodology
This Harris Poll was conducted online within the United States between April
15 and 17 among 2,114 adults (aged 18 and over) of whom 935 are employed
full-time or part-time. Figures for age, sex, race/ethnicity, education,
region and household income were weighted where necessary to bring them into
line with their actual proportions in the population. Propensity score
weighting was also used to adjust for respondents' propensity to be online.

All sample surveys and polls, whether or not they use probability sampling,
are subject to multiple sources of error which are most often not possible to
quantify or estimate, including sampling error, coverage error, error
associated with nonresponse, error associated with question wording and
response options, and post-survey weighting and adjustments. Therefore, Harris
Interactive avoids the words "margin of error" as they are misleading. All
that can be calculated are different possible sampling errors with different
probabilities for pure, unweighted, random samples with 100% response rates.
These are only theoretical because no published polls come close to this
ideal.

Respondents for this survey were selected from among those who have agreed to
participate in Harris Interactive surveys. The data have been weighted to
reflect the composition of the adult population. Because the sample is based
on those who agreed to participate in the Harris Interactive panel, no
estimates of theoretical sampling error can be calculated.

These statements conform to the principles of disclosure of the National
Council on Public Polls.

The results of this Harris Poll may not be used in advertising, marketing or
promotion without the prior written permission of Harris Interactive.

The Harris Poll^® #24, May 2, 2013

About Harris Interactive
Harris Interactive, Inc. (NASDAQ: HPOL) is one of the world's leading market
research firms, leveraging research, technology, and business acumen to
transform relevant insight into actionable foresight. Known widely for the
Harris Poll® and for pioneering innovative research methodologies, Harris
offers proprietary solutions in the areas of market and customer insight,
corporate brand and reputation strategy, and marketing, advertising, public
relations and communications research. Harris possesses expertise in a wide
range of industries including health care, technology, public affairs, energy,
telecommunications, financial services, insurance, media, retail, restaurant,
and consumer package goods. Additionally, Harris has a portfolio of
multi-client offerings that complement our custom solutions while maximizing
our client's research investment. Serving clients in more than 196 countries
and territories through our North American and European offices, Harris
specializes in delivering research solutions that help us – and our clients –
stay ahead of what's next. For more information, please visit
www.harrisinteractive.com.

Press Contact:
Corporate Communications
Harris Interactive
212-539-9600
press@harrisinteractive.com

SOURCE Harris Interactive

Website: http://www.harrisinteractive.com
 
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