SAN LEANDRO, Calif. – JANUARY 7, 2015 – TriNet (NYSE: TNET), a leading cloud-based provider of HR services, today announced the findings of the December issue of its TriNet SMBeat. The SMBeat report is a monthly analysis of small business employment and human capital economic indicators. December’s report features an analysis of overall net job growth for 2014. A key finding of this month’s report is that technology and professional services were the hottest growing sectors for the year, with an annual net job growth of 49% and 26%, respectively. For the technology sector, this is nearly twice the growth rate when compared to 25% in 2013. Professional services witnessed the greatest year-over-year increase as 2013’s annual growth rate was only 8%.
This growth trend for technology jobs will likely continue into the new year as the forecast for the first half of 2015 looks bright for IT workers. According to CIO.com, 87% of Chief Information Officers say they will add more staff, whether to fill vacant roles or new positions. As a result, companies should expect there to be upward pressure on salaries and benefits, making it necessary for companies to employ better engagement and retention strategies if they want to hold on to key talent.
Below are the key findings of the December 2014 TriNet SMBeat Report. All data related to net job growth and losses is sourced from TriNet’s population of more than 10,000 clients and approximately 273,000 worksite employees in the U.S. This month’s report showed that:
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TriNet is a leading provider of a comprehensive human resources solution for small to medium-sized businesses, or SMBs. We enhance business productivity by enabling our clients to outsource their human resources, or HR, function to one strategic partner and allowing them to focus on operating and growing their core businesses. Our HR solution includes services such as payroll processing, human capital consulting, employment law compliance and employee benefits, including health insurance, retirement plans and workers compensation insurance. Our services are delivered by our expert team of HR professionals and enabled by our proprietary, cloud-based technology platform, which allows our clients and their employees to efficiently conduct their HR transactions anytime and anywhere. For more information, please visit http://www.trinet.com.
Jock Breitwieser Michelle Sieling
TriNet Horn Group
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 Sharon Florentine “6 IT workforce predictions for 2015,” CIO.com December 15, 2014 http://www.cio.com/article/2859558/careers-staffing/6-it-workforce-predictions-for-2015.html
October 22, 2020
TriNet, a leading provider of comprehensive human resources solutions for small and medium-size (SMB) businesses, today announced the launch of RISE, a digital platform where business owners and employees can find new perspectives and learnings to elevate their workplace.
October 19, 2020
TriNet will host the inaugural TriNet PeopleForce conference October 20-22. The one-of-a-kind virtual conference for small and medium-size businesses (SMBs) will feature prominent speakers including former U.S. President George W. Bush, who will discuss his time in the Oval Office, the challenges facing America and the country’s businesses, the power of freedom and the importance of resiliency.
October 15, 2020
TriNet, a leading provider of comprehensive human resources solutions, will host the inaugural TriNet PeopleForce conference October 20-22. The one-of-a-kind virtual conference for small and medium-size businesses (SMBs) will feature prominent speakers such as former U.S. President George W. Bush, who will discuss his time in the Oval Office, the challenges facing America and the country’s businesses, the power of freedom and the importance of resiliency.