Wary Overall, Employment Trends Continue

According to data released by the Association of Executive Search Consultants (AESC), the first quarter of 2012 saw a small increase, 2.5%, in the number of new executive searches started, as compared to the fourth quarter of 2011; yet the first quarter of 2012 resulted in an overall declining trend in revenue, on both a quarter to quarter (at -6.3%) and year to year (at -7%) basis. Also noteworthy in the AESC data is that most major industries report drops in demand with only the technology and consumer industries showing strength.

Think Job Hoppers Make Bad Employees? Think Again

Evolv, the leading provider of data-driven workforce selection, announced results of a study by its advanced analytics group that looked at the relationship between previous work experience and future employment outcomes for hourly workers. The study, which analyzed applicant data and employment outcomes from more than 21,000 call center agents drawn from five major contact centers, found that agent work history is a poor predictor of future job tenure.

TMP Worldwide Recognized With 14 Wins at Internet Advertising Competition Awards

NEW YORK, NY–(Marketwire -03/26/12)- TMP Worldwide Advertising & Communications, LLC, the world’s largest independent digital recruitment advertising agency, today announced details of its impressive performance at the Web Marketing Association’s 2012 Internet Advertising Competition (IAC). TMP won 14 awards across a variety of categories, including Best of Show for the “Employment Email Message” category.

1.6 Million U.S. Jobs Gained in 2011; Ultimatejobboard.com Leading the Way, While Social Media Accounts for Only 1% of Placements

NEW YORK, Feb. 2, 2012 /PRNewswire/ — The U.S. Labor Department reports 1.6 million jobs gained in 2011, 200,000 of them just last month. And the unemployment rate continues to plummet, currently at 8.5 percent, a level last seen in February 2009.
While the recent adoption of all things social media is widely apparent across many business sectors, including the corporate recruitment space, surprisingly, only 1 percent of employers sited social media as the source of new hires; while an overwhelming 19 percent are placed from an online job board, matched only by internal transfers; even referrals came in lower at 16 percent according to HR consultants Bersin & Associates.

Workers Are in a Bad Mood, Says Survey

PHILADELPHIA, January 31, 2012 – Most employees say their job is unrewarding and saps their energy, according to a new survey by Right Management, the talent and career management experts within ManpowerGroup. Only one-in-five consider their job rewarding and gratifying…and the rest say they just want to enjoy their lives and that is why they work.

The survey was conducted in December and January and 438 North American workers responded to the question:

Which of the following best describes your present work situation?

SHRM Report: January 2012 Hiring Will Be Weak Compared to One Year Ago

Alexandria, Va. – Jan. 5, 2012 – January 2012 will mark the third consecutive month that hiring activity will decrease and job cuts will rise on an annual basis according to a report from the Society for Human Resource Management (SHRM).

The January hiring expectations follow SHRM’s analysis of month-over-month and year-over-year hiring patterns at 500 service-sector companies and 500 manufacturing companies.

More Organizations Have Difficulty Filling Positions

SHRM-Global-Comp-Difficult-table

According to a recent study from the Society for Human Resource Management, recruiters are having difficulty finding candidates to fill specific jobs – 52% of survey respondents report difficulty recruiting for specific jobs in their organization. To fill these positions, some organizations are beginning to hire from outside the U.S. But most are not, suggesting they’re looking locally and domestically for the help they need. Those that have hired from outside the U.S. tend to be larger organizations – they are more likely than smaller organizations to have hired workers from outside the U.S. – yet only 23% of organizations believe they are facing global competition for qualified applicants for jobs they are having difficulty filling.

Pay Range Adjustments Slowly Trending Upward

Kansas City, Kan. – When it comes to employee pay, it’s no surprise that establishing pay ranges for certain jobs is the most effective strategy to ensuring employees earn a competitive wage, without overcompensating them. The BenchmarkPro 2011 survey results found 79.5 percent of companies have formal pay structures with pay ranges. The average pay range adjustment reported for 2011 was 1.7 percent, up slightly from 1.6 percent reported in 2010. Companies are projecting pay range adjustments of 1.8 percent in 2012.

IT Hiring Slows With a Net Loss of 2,300 IT Jobs in October According to Janco

IT-12MONTHS

Park City, UT – Janco reports that the IT job picture decayed in October. The CEO of Janco, Victor Janulaitis said, “2,300 jobs were lost in October – versus the gain of 31,800 jobs in September.” Janulaitis also said, “According to the BLS data there was an overall loss of IT jobs with the telecommunications job market losing 900 jobs, computer system design and related services losing 2,300 jobs, Data Processing and Hosting losing 500 jobs, and with only a small increase (1,400 job added) in Other Information services.” He added, “For the last three months there has been a net loss of 4,800 jobs. The BLS data is in line with what we have found in our interviews with both CIOs and CFOs in companies that have IT departments with at least 100 IT professionals either as employees or contractors.”

Average Salary Offer Rises 6 Percent for the Class of 2011

nace

October 4, 2011 — BETHLEHEM, PA — The overall average salary offer to Class of 2011 graduates has risen 6 percent over last year’s average, according to a new survey published by the National Association of Colleges and Employers (NACE).

NACE’s Fall 2011 Salary Survey report shows the overall average salary offer to a bachelor’s degree graduate rose from $48,288 for the Class of 2010 to $51,171 for the Class of 2011.

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