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).
Want to continue reading?
Become a Free PropertyCasualty360 Digital Reader
Your access to unlimited PropertyCasualty360 content isn’t changing.
Once you are an ALM digital member, you’ll receive:
- Breaking insurance news and analysis, on-site and via our newsletters and custom alerts
- Weekly Insurance Speak podcast featuring exclusive interviews with industry leaders
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical converage of the employee benefits and financial advisory markets on our other ALM sites, BenefitsPRO 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].
