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The Fordyce Letter

Straight Talk for the Recruiting Profession


Articles tagged 'trends'

Industry News

Is Google Switch to W2 Security Guards the Start of a Trend?



Google logo

Only days after Google announced it would stop using outside security contractors in favor of hiring its own force, the move is already being described as the possible start of a trend.

The Wall Street Journal said what Google does “can be influential.” A Forbes report said “Should the move turn into a Silicon Valley trend, it could be the beginning of significantly improving the fortunes of thousands of people in the service industries.”

Pressure has been building for a few years to improve pay and benefits for the thousands of Silicon Valley contractors who provide security, prepare and serve meals, clean offices and handle other non-tech services.  Now, Google’s decision to hire some 200 security guards as employees, rather than continue contracting with a security staffing firm, is likely to encourage renewed efforts by unions in the pro-labor San Francisco Bay Area.

Industry News

Forecast: Temp Hiring Growth Strong Through Year End



2014 Palmer forecast q4

2014 Palmer forecast q4On the heels of a survey finding that a quarter of all employers plan to add temporary staff this quarter comes a forecast that agency staffing will increase 8.7% over last year.

Temp industry consultant G. Palmer & Associates says temp employment will average 2.978 million workers in the fourth quarter. For the last quarter of 2013, the average was 2.739 million, with the Bureau of Labor Statistics reporting temp agencies employed a record 2.934 million workers in September.

Uncategorized

Big Seasonal Hiring, Growing Headcount Will Make Recruiting Tougher Yet



Hiring plan chart 2014

Hiring plan chart 2014In what could be the strongest finish since before the recession, an increasing number of employers say they intend to hire full-time permanent workers this quarter.

CareerBuilder’s quarterly survey of employers found 29 percent of them expect to add permanent headcount before the end of 2014, an increase of four percentage points over those saying that last year.

While hiring expectations don’t necessarily translate into action, so far this year more employers have ended up hiring more than what they told CareerBuilder they planned.

Industry News

Temp, Fulltime Hiring Outlook Strong For Rest of Year



Average number of vacancy days dice

CB Mid-year hiring plans 2014Employers are expressing more optimism about the future and it’s showing in their hiring plans for the rest of this year.

CareerBuilder’s Midyear Job Forecast says more employers expect to add headcount in the next several months than said that last year. Employers told CareerBuilder they will add to the ranks of full and part-time workers, and 33% will increase their temp or contract staffing workers.

In addition, the temp staffing forecast from G. Palmer and Associates predicts a 7.6% increase in hiring in this current quarter.

Business, Viewpoint

It’s Not Easy Building the Perfect Recruitment Company, But Your Future Depends On It



Achievement cloud - free

Achievement cloud - freeA while ago, I wrote an article that was posted on ERE.net (“Why Recruiters Will Be at the Heart of Our Corporate Future”) trying to explain my concept of what of “good recruitment” was and why recruiters will therefore be at the very heart of our corporate future. I received a lot of great feedback on the post but also some negative comments about how employers and candidates felt after interacting with recruiters. There were also some strong feelings about the impending demise of our industry due to technology improvements and in house recruiting teams.

Consequently, I thought I could extend my opinion yet further to outline another opinion of the structure of “the perfect recruitment company” in today’s world and highlight how recruiters can learn and improve using technology, learn lessons from Silicon Valley and out-compete in house teams for high margin business.

There are five key common principals to the mind-set and success of Silicon Valley companies:

Industry News, Staffing, The Business of Recruiting

Bullhorn Survey Offers Insights On Revenue, Placement Success, Comp



stay in business

Revenue by recruiter bullhorn 2013Bullhorn is out today with a survey of staffing and recruiting firms that is so full of useful and enlightening information it’s hard to know where to begin.

Here’s just a sample of what the 20 page report covers:

  • 77% of the 1,337 firms met or exceeded their revenue goals in 2013;
  • Revenue per recruiter at the smallest firms averaged $266,000; at the largest firms it was almost twice that;
  • Owners, CEOs, and partners of retained firms earned, on average, $230,000 last year. Those heading contingent firms averaged $149,000. Recruiters at retained search firms averaged $84,000. At contingent firms, they averaged $96,000;
Industry News

Recruiting Trends You Need to Know



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The recruiting industry is growing and evolving, yet I see many recruiters with their head buried in the sand!

In all honesty much of the structure of recruiting firms now mirrors the look and feel of a firm in 1975. Sure we have added PC’s, job boards, LinkedIn, etc, yet most still use the same tired structure and processes as the industry used decades ago.

Industry News

Obamacare to Fuel Jump In Healthcare Support Jobs



Job Growth projections healthcare

Growth in largest healthcare occupations Whatever you may think of the new Affordable Care Act it’s already creating new healthcare jobs, and increasing demand for nurse practitioners and physician assistants.

“Nurse practitioners and physician assistants are attractive options because they can do 75 to 85% of the work a physician does at 55 to 65% of the cost,” says Susan Mesa, president of the Atlanta locum tenens staffing firm Advanced Practice.com.  

Industry News

Sales, IT Top Jobs to Fill in 2014 Says CareerBuilder



CB job forecast 2014 hiring change

CB 2014 Jobs forecast in demand jobsInfluenced by the budget uncertainty in Washington, HR professionals and hiring managers in CareerBuilder’s annual survey of hiring intentions said they expected to increase headcount in 2014, but the numbers and the rate of hire would depend on Congressional action about the debt ceiling.

The budget bill President Obama signed last week resolved only part of the national fiscal uncertainty. The debt ceiling, which is due to come in February, is a different matter. Both parties has so far signaled their intention not to compromise on raising the federal borrowing limit.

Business

Nation’s Law Firms Shift Focus to Lateral Hiring



Law firm hiring

Law firm hiringSearch firms haven’t yet seen it, but those specializing in attorney placement could be in for a boon in the coming years, as the nation’s largest law firms accelerate their hiring of mid-level attorneys.

The traditional model of hiring summer associates who then get hired as entry-level attorneys, eventually working their way up the career ladder before retiring from the firm where they started is essentially dead.