Posts Tagged Hiring
People are back at work after a long Labor Day weekend – though perhaps not as many as economists had predicted. Let’s take a look at the August 2016 BLS jobs report.
1. Pay didn’t increase as much as predicted. Average hourly wages were only up .12% (3 cents) from last month, whereas last year they were up 2.4% from a year ago. According to the Wall Street Journal, this could have something to do with the fact that the lowest-paying sector – “food services and drinking places” – also added the most jobs of the month.
2. Fewer jobs were added. While 270,000 jobs were added in July, only 151,000 jobs were added in August. That’s a sharp decrease, and also less than the consensus, which had been 180,000. Still, that number is considered enough to absorb workforce growth, says bankrate.com.
3. It’s not as bad as it sounds. For some reason, possibly due to school starting, August numbers have often been disappointing. This is why economists say month-by-month reporting isn’t as reliable as year-by-year reporting. Plus, while the numbers aren’t great, they still show steady if slow growth.
Times are changing and so is your average work schedule. Did you know that the first five-day workweek began in the United States in 1908? However, now more companies are allowing for their employees to telecommute and create their own schedules. A recent Millennial Report indicates that 45% of Millennials would pick flexibility over compensation. Take a look at the following factors that may cause this shift:
- “Hot Jobs” Allow for More Flexibility: Some of the hottest jobs on the market right now are tech related with a key focus in IT, Data, or Engineering. These types of positions are shown to have more leeway to telecommute. Also, with Social Media on the rise, multiple positions are being created to manage an organizations online presence. This also requires employees to manage these technologies beyond “normal” 9-5 working hours as consumers peruse Social Media late into the night.
- Advancing Your Education: Many businesses place extra focus into their employee’s career development. In order to achieve this, acquiring new skills and furthering their education is imperative. As a result, Millennials will be spending their time taking additional classes, workshops, seminars, etc. to stay marketable in this changing work environment.
- Big Data Dominates Corporate Structure: As we struggle to keep up with the latest and greatest in technology, companies are prepared now more than ever to set up their employees remotely. Meetings can now be done virtually and phone systems can be connected with our personal smartphones. If we have access to be just as productive as we would be in our office, are the set office hours necessary too?
Don’t get your hopes up yet! This will be a gradual process as you might begin to see employees working from home up to twice a week or an occasional switch in your schedule. If you have any feedback of what type of schedule you prefer, we would love to hear from you!
As job seekers continue to broaden their careers, take a look at the following trends to watch for in 2015:
- Shift from Temporary to Full-Time Employment: Business News Daily reveals, “Employers planning to hire temporary or contract workers in 2015, fifty-six percent plan to transition some of those workers into full-time permanent roles.” Studies have also shown organizations are planning on hiring more employees in 2015.
- Big Data: If you are in the tech industry, then you have probably heard this term. Big Data is one of the hottest topics within the job market right now. Organizations are determining how to use Big Data to help them operate it effectively and efficiently. The need for candidates who know how to, mine for, manage and use this data for businesses will continue to grow.
- Mobile Focus: Did you know that 86% of job seekers who have a smart phone would use it to search for a job, but 50% of career sites aren’t optimized for mobile? Moving forward, more companies are spending additional funds to ensure their technologies are mobile friendly, which will provide more opportunities for candidates with related skill sets who can fulfill these needs.
- Help Desk Roles: In 2015, there will be a higher need for staffing agencies to place candidates in positions catering to technical support and help desk associates. As technology continues to change, the number of devices and variety of hardware and software that organizations support will sky rocket. As a result, it becomes more difficult for organizations to support these platforms and hiring needs will increase.
The real question at the end of the day is, how can you, as a job seeker prepare for these trends? Stay on top of the latest updates within your industry, learn new skills to make yourself marketable, and over-prepare for the interview. If you have any other key technology trends to look out for in 2015, we would love to hear from you!
And today, with so many new tech companies, the city is like most other cities across the nation in that it has experienced a shortage of local skilled workers to fill its tech jobs.
Rather than leave companies with no choice but to search outside the United States for skilled labor, city officials like Chamber of Commerce President Glenn West have insisted that the key to a promising economic future is to train and educate our citizens and youth for the jobs of the future. In Texas, the under-18 population grew 17% from 2000 to 2010 (that’s 6.5 times the national rate), and its workforce is expected to grow faster than the rest of the country between 2011 and 2014. Educational programs and job training are critical to turning this growth into an asset. Austin high schools have adjusted their curriculum and implemented courses aimed at engaging students in tech courses and producing graduates who are confident in math and science. And that’s an important start.
In the meantime, staffing firms like TRC Professional Solutions in Austin help locate and place hard-to-find skill sets for companies. A great staffing firm can help ease the pain of a talent gap by doing the legwork of locating and recruiting highly skilled professionals by placing them in the jobs they want, for the pay they deserve – resulting in a win-win for companies and professionals alike.
And in the long term, communication and collaboration between employers, communities, teachers, and youth will be crucial to closing the skills gap and setting our nation up for economic success in the coming years.
There’s no shortage of demand for tech talent right now. In this “top 25” list Forbes obtained from Indeed.com, you’ll find a wide variety of companies hiring for tech. This list includes the 25 companies with the highest number of U.S.-based openings paying $60,000 or more per year.
They’re hiring web developers, database administrators, IT systems analysts, systems administrators, network engineers, programmer analysts, programmer writers, software development engineers, and many other job titles.
Something else you’ll notice is the wide variety of companies hiring tech talent. From consulting services like PwC and Booz Allen Hamilton to defense contractors like Northrop Grumman and General Dynamics to technology companies like IBM, HP, and the current biggest hirer, Amazon – if you’ve got the skills, you’ve got your pick of a diverse group of potential employers.
1. Amazon Corporate LLC – 1,784 openings
2. Lockheed Martin – 1,568 openings
3. General Dynamics – IT – 1,114 openings
4. Northrop Grumman – 1,099 openings
5. Diverse Lynx – 985 openings
6. IBM – 889 openings
7. CSC – 878 openings
8. JPMorgan Chase – 866 openings
9. AppLabs – 787 openings
10. Microsoft – 772 openings
11. HP – 707 openings
12. Technosoft Corporation – 660 openings
13. GM – 643 openings
14. Chico’s FAS, Inc. – 572 openings
15. Apple – 551 openings
16. Dell – 535 openings
17. Leidos – 530 openings
18. PwC – 528 openings
19. Careworks Tech – 494 openings
20. Cognizant – 488 openings
21. Booz Allen Hamilton – 486 openings
22. BAE Systems – 471 openings
23. CACI International Inc – 463 openings
24. Axius Technologies – 442 openings
25. ManTech International Corporation – 375 openings