Australians businesses are moving into preparation mode in anticipation of an economic recovery, according to HR Coach Research Institute.
Findings from the HR Coach Quarterly Index Report reveal that business expectations for growth and expectations for staff grew rapidly in the September quarter. The survey reveals that 33 percent of businesses surveyed expect an increase in the value of sales, compared to 18 percent in May; while 19 percent expect an increase in the size of their workforce, up from seven percent in May.
“With an improving expectation of growth in sales and profitability, businesses are looking to resource this trend with increased participation of employees as well as the recruitment of new employees,” the report said.
According to a HR Coach spokesperson, the general business outlook moving into the last quarter of 2009 is upbeat.