Time is running out - the clock is ticking as we all near the dreaded new year's resolution revelation. I came across this article this morning while browsing headlines. 'Hope it helps those of you considering changes in your current career status.
http://hotjobs.yahoo.com/resume/New_Year_Resolutions_for_Your_Career__20061213-101046.html?subtopic=Other+Resume+Topics
PJC
Friday, December 29, 2006
Wednesday, December 27, 2006
More Crystal Ball Antics
JR posted a great set of predictions of things to come in 2007 - I'd like to piggy-back to that with some additional thoughts.
If our current employment trends continue we'll be looking forward to 2007 for a decent unemployment rate (unchanged at 4.5% in November 2006, down from 4.6 and 4.7% in QI & II 2006), a continued increase in average hourly earnings (up .2%/3 cents in November 2006 to $16.94; over the year the increases were in 4.1% range), and a large new-job addition in the Professional/Business Services sector (computer systems design, architecture/engineering, management consulting, etc.) - 426,000 in 2006.
What does all that mean for the job seeker? Check back with Career Zen Technology to find out!
If our current employment trends continue we'll be looking forward to 2007 for a decent unemployment rate (unchanged at 4.5% in November 2006, down from 4.6 and 4.7% in QI & II 2006), a continued increase in average hourly earnings (up .2%/3 cents in November 2006 to $16.94; over the year the increases were in 4.1% range), and a large new-job addition in the Professional/Business Services sector (computer systems design, architecture/engineering, management consulting, etc.) - 426,000 in 2006.
What does all that mean for the job seeker? Check back with Career Zen Technology to find out!
Looking Ahead at 2007 (from a Recruiter's standpoint)
Are company's still going to pay fees? Will we be in a candidate driven market? How will the economy affect the industry? Are Hiring Managers going to get better at giving us solid, quick feedback? Will we be better at taking that feedback and learning from it? All of these questions (and many many more) are being bounced around the halls at recruiting firms and HR departments all over the country these days. Being a recruiter during the end of the year, I myself ponder these questions constantly. I would like to open this post up to your own thoughts on what 2007 will hold for all of us in "the business" so to speak. My predictions? Here's a few:
- Companies will lean towards an RPO model more, incorporating agencies into their daily grind, while avoiding per head fees.
- Contract dollars will be big this year. I think large companies are going to be in desperate need for long-term hired guns and they'll be willing to pay for it
- I think we are starting to experience an over-saturation in the market from a candidate perspective, and we are going to see a shift in '07. My guess is that companies start seeing through overpaid RFT's and will be looking for the most experienced again for the bargain price (kind of like '05).
- Companies will lean towards an RPO model more, incorporating agencies into their daily grind, while avoiding per head fees.
- Contract dollars will be big this year. I think large companies are going to be in desperate need for long-term hired guns and they'll be willing to pay for it
- I think we are starting to experience an over-saturation in the market from a candidate perspective, and we are going to see a shift in '07. My guess is that companies start seeing through overpaid RFT's and will be looking for the most experienced again for the bargain price (kind of like '05).
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