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NHHTC 2010 Employer Survey of 134 companies
Feb 5, 2010
Submitted By: Fred Kocher
The NHHTC has just surveyed its member businesses along with businesses that attend NHHTC events on a regular basis. The survey, conducted during January, attempted to get a snapshot of their current thinking on hiring, revenues, skill sets and taxes. The results are listed below. In short, the majority of 134 respondents said they're going to hire in 2010, that revenues will increase, that they're looking for engineers and sales/marketing help, and that business taxes in
NH are reasonable or average, despite some comments opposing the so-called LLC tax. Here
are the survey results, question by question.
1) How many employees do you have?
1-5 37%
6-19 25.4%
20-49 17%
50-199 11.9%
200+ 12.7%
2) Do you think that annual revenues
for your company will increase in
2010 over their levels in 2009?
Yes 61.9%
No 12.7%
Stay same 14.2%
Not sure 11.8%
3) What is the primary focus of
your company?
Technology 40%
Manufacturing 23.5%
Professional Services 37.4%
Medical 5.2%
Education 4.3%
4) Do you expect to hire part or full
time employees in 2010?
Yes 54.9%
No 27.1%
Not sure 11.9%
5) If you answered yes to question 4,
how much experience will they
need to have?
None 11.6%
1-3 years 44.2%
4-5 years 34.9%
6-10 years 32.6%
11+ years 11.6%
6) What level of education will they
need to have?
High school diploma 12.4%
Professional training
beyond high school 21.3%
Associates degree 16.9%
Bachelor’s degree 69.7%
Master’s degree 13.5%
Higher 13.5%
7) What skill sets will you be looking
for when making hiring decisions?
Engineering 42.5%
Sales/marketing 46.3%
Information technology/web 36.3%
Financial/accounting 23.8%
Manufacturing/assembly 23.8%
Administrative 30%
8) What skills would you consider going back to college Professional training program to upgrade yourself and become more employable?
Some responses: engineering, business management, sales/marketing, updated
software skills, programming,
web design, project management, database development
9) Do you expect to hire contract or
temporary workers in 2010?
Yes 53.1%
No 46.9%
10) What advice would you offer to
an unemployed high tech worker
with 10 or more years of
experience but unable to find
a job in last 6 months?
Some responses: work with recruiters, be flexible on title and pay, work part-time, update skills, keep positive attitude, change career, more education, retraining, network with peers, relocate
11) Is business taxation in NH
reasonable for your company. If
not, what would you change?
Very reasonable 6.7%
Mostly reasonable 33.6%
Average 34.5%
Somewhat unreasonable 16.8%
Very unreasonable 8.4%
Some responses to question: small company input to tax decisions not sought; trend toward more taxes
on smaller businesses; LLC tax a threat/may move out of state; reasonable if LLC tax repealed, lower simpler taxes always better, NH should look at states like NC and see why companies are moving their jobs to that state.
As reported by Fred Kocher,
NHHTC President