43% of Companies Plan to spend less on Travel in ‘10 According to CareerBuilder’s 2010 US Job Forecast

In addition to an expected 20% growth increase in hiring in 2010, many employers are looking for ways to make up for lost ground from the recession. One key trend looks to be continued cost cutting in employment related business travel. “While employers are inching away from cost containment and more into growth,” the report says, “one area they still plan to save money on is business travel. Forty-three percent of employers say that in their organizations there will be less business travel in 2010 than in 2009.” Read more about the CareerBuilder 2010 US Job Forecast.

Many of our clients are finding that they save between 5 and 10 times what they spend on HireVue, much of that in travel related expenses. We often work with our clients on their hiring plans to help them consider where video interviewing will have the most impact. The results usually include a full ROI study. For a full needs analysis and ROI study on your 2010 hiring plans e-mail Katie Pierce at kpierce@hirevue.com or call toll-free 1.800.655.4106 or direct .801.260.9961.