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Straight Talk for the Recruiting Profession


Articles tagged 'Survey'

Industry News

Value of Retained Executive Search Consulting Is High, But Relationships Still Transactional



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The worldwide Association of Executive Search Consultants (AESC) released its bi-annual report today of client satisfaction levels with retained executive search consulting. Overall, respondents endorsed the differentiated value of retained executive search and its contribution as a high-end consulting service for the recruitment of top management.

According to the survey, during the past decade a number of developments have provided pause for thought and reflection within the retained executive search profession, including:

  • The development of internal recruiting functions (the survey revealed that 2/3 of the companies who completed the survey have an in-house search function)
  • The rise of social media
  • Pressure by clients on the terms and conditions of doing business
  • The challenge of introducing retained search into emerging markets
  • Opportunities to provide leadership consulting services
Industry News

Hiring Optimism Among U.S. Employers



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According to the latest Manpower Employment Outlook Survey results, the U.S. outlook for Quarter 2 2011 is +8%, up from +6% during the same period last year and consistent with the +8% Outlook during Quarter 1 2011.

Manpower Inc. releases the Manpower Employment Outlook Survey quarterly to measure employers’ intentions to increase or decrease the number of employees in their workforce during the next quarter. Polling nearly 64,000 employers in 39 countries and territories, the survey is conducted using a validated methodology in accordance with the highest standards in market research. In the U.S., the survey is conducted by an independent, third-party research firm and includes a select sample of more than 18,000 U.S. employers. This sample represents the top 100 Metropolitan Statistical Areas based on business establishment count and all 50 states, the District of Columbia and Puerto Rico.

Industry News

An Industry on the Upswing: Bullhorn’s 2010 Staffing and Recruiting Trends Survey Results



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Bullhorn recently released its annual report covering agencies’ performance, goals, and business practices, as well as individual compensation. The data, which was taken from Bullhorn’s annual staffing and recruiting survey, revealed overall positive figures from 2010 and goals for the year ahead, indicating that the industry as a whole is progressing.

Two thirds of survey respondents reported that their firms either met or exceeded their 2010 revenue goals. Most posted aggressive 2011 revenue goals, with many adopting a back-to-basics approach to best take advantage of the recovering market.

Interestingly, the results found that recruiters are increasing their use of social media for finding candidates and clients, though many still struggle to maximize effectiveness. As well, respondents spent less time on sales, on average, than in 2009 as hiring freezes began to thaw and work shifted to filling job orders. 

Business, Contract Staffing, Industry News, Uncategorized, Weigh In!

Contract Staffing Business Is On the Rise



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Last week, MRINetwork released a statement discussing the momentum that contract staffing has been gaining lately:

The contingent employment industry is traditionally a leading indicator of post-recession economic conditions and a reliable predictor of future employment trends. Cautious employers hire temps first, hedging their bets on the recovery, recognizing it is easier to scale back if demand doesn’t materialize. This cycle is no different, say the contract staffing experts at MRINetwork, except this time employers plan to maintain a larger portion of their workforce as contract employees even once business recovers.

This is something that we, and many of you, have made note of in the last several months. Tim Ozier, director of contract staffing at MRINetwork, states, “During the recession, employers learned to refocus on their core business, realizing that a smaller core workforce that was well trained and technologically astute was more effective and nimble than their pre-recession staff. As firms emerge from the recession they are, of course, beginning to hire full time workers but they are also seeing a larger role for highly skilled contract workers who are engaged on an as-needed basis.”

Good business owners observe market trends and learn to adapt their business to meet the needs of their customers. But do you think this is a staying trend, or simply a typical gun-shy reaction to the supposed end of a recession?

Business, Industry News, Weigh In!

Nice Speech Mr. President, But Here’s What Workers Really Want You to Do



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There are lots of kudos today for the tenor and tone of President Obama’s State of the Union speech, particularly his call for a bipartisan effort to build the economy and grow more jobs so America can can continue to lead the global economy.

That’s what American workers want to hear, of course, but they want the president to do a lot more than that, according to a new workplace survey that zeros in on the specifics people feel are needed to actually drive our economic growth.

According to a survey by Adecco Staffing US, nearly three-quarters of Americans (73 percent) believe that President Obama should change current tax policies to better encourage businesses to hire.

In addition, more than 68 percent of respondents want businesses to be offered more incentives or tax breaks to encourage them to hire. Further, 67 percent would like to see the government eliminate unnecessary regulations that discourage businesses from hiring in the first place.

Business, Industry News

Predictions are for Hiring Improvement in 2011



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Hiring predictions for 2011 are starting to come in and what they say is that we can expect more jobs next year, though there’ll be no partying like it’s 1999.

Manpower issued its respected Employment Outlook Survey on Tuesday that said employers anticipate small staffing gains in the first quarter of 2011. Although the outlook, says Manpower, is still below the average of the past 10 years, the picture is nonetheless brighter.

The seasonally adjusted  Net Employment Outlook is +9 percent, says Manpower. That’s up from the +5 percent of a year ago and up from the +5 percent for the current, 4th quarter of 2010.

The Net Employment Outlook is the percentage of employers saying they plan to hire over the percentage who expect to cut staff. Almost three-quarters of the 18,000 surveyed employers say they expect to make no changes in staffing.

Industry News

Global Manpower Employment Outlook Survey 4Q 2010 Results



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According to the Manpower Employment Outlook Survey results released today, hiring expectations in emerging markets – China, Taiwan, India, and Brazil – continue to outpace the rest of the world. Meanwhile, employer hiring confidence in European countries is mixed with positive job prospects reported in Germany for the quarter ahead. And although hiring plans in the U.S. are stronger compared to one year ago, the cautiously optimistic hiring pace reported for the next three months indicates economic concerns continue to weigh on the minds of American employers.

The Manpower data shows employers in 28 of 36 countries and territories expect positive hiring activity in the fourth quarter, with those in five reporting negative hiring expectations — an improvement in comparison to the 12 countries reporting negative outlooks 12 months ago. Globally, employers in 32 countries and territories are reporting stronger year-over-year outlooks, with those in China, Taiwan, India, and Brazil indicating the strongest fourth-quarter job prospects. Notably, forecasts from Chinese, Swiss, and Taiwanese employers are the most optimistic since Manpower began polling there. The weakest hiring plans for the upcoming quarter are reported in Greece, Italy, the Czech Republic, Spain, and Ireland.

“We’re seeing a multi-speed recovery in the global labor market with talent demand in high gear in many of the emerging markets we survey. Other markets, such as the U.S. and Japan, are still moving forward but can’t seem to get out of first gear,” said Jeffrey A. Joerres, Chairman and CEO of Manpower Inc. “Employers in many markets continue to struggle with inconsistent demand for their products and services making it difficult to anticipate staff needs. As a result, a flexible workforce strategy will be critical during this point of the recovery cycle.”

Across the ten countries surveyed in the Americas region, employers anticipate varying degrees of positive hiring activity. Outlooks improve in six countries from three months ago, but improve in all countries when year-over-year comparisons are made. Regional hiring plans are again strongest in Brazil, Peru, and Costa Rica and weakest in the U.S., where hiring plans are relatively stable from three months ago but are notably stronger than those reported one year ago.

“In the U.S.,” sais Jorres, “most of the hiring that was done in the third quarter will be absorbed, yet negative outlooks are reported for just two sectors — Construction and Government. U.S. job seekers can expect to find the most opportunities in the Wholesale & Retail Trade and Mining sectors in the quarter ahead.”

Uncategorized

Recruiting and assessing wisely



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In each issue of The Fordyce Letter we like to include feedback from the subscribers and the community at large about what they are seeing in their day-to-day lives. Last month’s question on the tightening economy and bracing for a recession spurred a lot of debate, and we’re hearing even more of this chatter during this week’s Fordyce Forum sessions. The topic has spilled over into a more general discussion about our biggest challenges.

So tell me, how are you staying competitive amid these tough economic times?

With the explosion of new resources such as social media like LinkedIn and Facebook, and other innovative techniques, the challenge now isn’t just finding the good candidates, but also making sure they interview well and have nothing in their background that can undermine them.

Assessments and behavioral-based interviewing tools can be the difference between losing a placement or a strategy for differentiating services.

Where do you stand on these services? Do you now, or plan to in the future, offer these tests? Overall, how are you changing the way you assess and choose?

Don’t be shy…leave a comment here or send me a note at editor@fordyceletter.com.

Thanks, and I look forward to hearing from you.

Uncategorized

Is the economy affecting your business?



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In each new issue of The Fordyce Letter I like to include feedback from the subscribers and the community at large about what they are seeing in their day-to-day lives.

I would appreciate your feedback on the following topic, and will be using it for an upcoming article in the June issue of The Fordyce Letter.

No one can actually tell whether we’re in a recession, about to enter a recession or have already had one and are pulling out of it. Most of the conversations I’ve had with readers indicate that there has been little or no impact on the recruiting business. This may be because there are a number of specialty areas that are recession-resistant.

My question of the month is simply this:

How have you noticed the economic chatter affecting your recruiting business? How do you think the recruiting business will be impacted between now and the end of the year and how do you propose dealing with any real or projected outcomes?

Leave responses in the comments – or email me privately at TheFordyceLetter@aol.com with or without attribution and we can get a discussion going between us all..

Thanks and I look forward to hearing from you.