In addition to hiring increases, middle market firms surveyed also reported increases in mean revenue growth, climbing from an average of 8% in Q2 2021 to 12.2% in Q2 2022. (Credit: VectorMine/Adobe Stock)
Despite a tough hiring landscape, 58% of middle market firms have actually increased their workforce over the last twelve months, compared to 45% who reported the same at mid-year 2021. This comes from the Middle Market Indicator: Mid-Year 2022 survey report, recently released by Chubb, in partnership with the National Center for the Middle Market (NCMM).
Complete your profile to continue reading and get FREE access to BenefitsPRO, part of your ALM digital membership.
Your access to unlimited BenefitsPRO content isn’t changing.
Once you are an ALM digital member, you’ll receive:
- Breaking benefits news and analysis, on-site and via our newsletters and custom alerts
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical converage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
Already have an account? Sign In Now
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
Brittney Meredith-Miller
Brittney Meredith-Miller is assistant editor of PropertyCasualty360.com. She can be reached at [email protected].
