[jsfg_cinti] Hiring up?
- From: Paul Bergé <pberge@xxxxxxxxxxxxx>
- To: "JSFG" <jsfg_cinti@xxxxxxxxxxxxx>
- Date: Fri, 29 Aug 2003 22:53:41 -0400
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[From ChemPharma.]
DEMAND FOR MID-MANAGERS AND PROFESSIONALS ON THE RISE AGAIN
(Rochester Hills, MI) ? Although companies are not engaged in the frenzied
competition for talent that characterized the period from 1997 through the
first half of 2001, a resurgence in new hires seems to be underway.
Mid-to-upper level managers, high-level executives, professionals, sales and
marketing people and technical workers are in demand once again, according
to the latest hiring survey conducted by Angott Search Group (ASG), a
franchise office of Management Recruiters International, Inc. (MRI) the
world?s largest search and recruitment organization. MRI is a subsidiary of
staffing and outsourcing leader CDI Corp. (NYSE:CDI).
Of the nearly 1,400 executives surveyed, 42.4 percent indicated plans to
make additions to their staffs during the second half of 2003, up by 4
points from first half of 2003. Another 49.1 percent plan to maintain their
current staff sizes, down by .2 of a point, and 8.5 percent plan decreases,
down by 3.8 points.
ASG President and CEO Mark Angott, commented, "Although the job market
lags behind the recovering economy by a few months, forward-thinking
companies are already preparing for increased demand for talent and
anticipating shortages. For the managerial, professional and technical
segment of the workforce, that means real opportunity.?
West Leads the Nation in New Hires
Projected new hires are highest in the West, with 47.5 percent
anticipating the addition of new staff, although all regions of the country
report that a healthy number of companies are planning to add staff:
Second Half 2003
% intend to % intend to maintain
% intent to decrease
increase hiring staff
sizes staff sizes
West
47.5%
45.9%
6.6%
Southwest
46.3%
43.8%
10.0%
Middle Atlantic
45.9%
45.2%
8.9%
South Atlantic
42.9%
47.2%
9.9%
Midwest
42.3%
49.2%
8.5%
New England
41.4%
45.7%
12.9%
North Central
39.9%
52.9%
7.2%
South Central*
--
--
--
*Insufficient data
?Significant regional differences in projected new hires are a thing of
the past,? said Angott. ?Demand for talent is increasing, and it has more to
do with demographics than economics. The combination of retiring baby
boomers and fewer new entrants to the workforce means that people with the
right skills will be greatly sought after.?
Many of the Nation?s Industries Anticipate Need for New Hires
A substantial number of companies within key industries indicate plans for
new hires over the next six months. The percentage of the sample in each
industry intending to increase, maintain and decrease hiring during the next
six months is as follows:
Industry Increase
Maintain
Decrease
Biotech/Biomedical
69.2%
26.8%
3.8%
Chemicals
57.9%
34.2%
7.9%
Food and Beverage
52.0%
44.0%
4.0%
Pharmaceuticals
48.9%
42.6%
8.5%
Consumer Goods/Products
48.0%
48.0%
4.0%
Healthcare
46.4%
50.0%
3.6%
Financial Services
46.2%
50.0%
3.8%
Insurance
43.5%
52.2%
4/3%
Telecommunications
42.5%
50.2%
7.3%
Information Technology
40.3%
46.8%
12.9%
Construction
37.5%
58.3%
4.2%
Medical Devices
37.5%
50.0%
12.5%
Metals
32.1%
60.7%
7.1%
Plastics
19.5%
75.6%
4.9%
?Companies recognize that the return of a tight labor market is very
likely, especially in the life sciences and healthcare-related fields. The
recent recession clouded candidate shortages for awhile, but in many key
industries the situation may become even more critical than in was in 2000,?
said Angott. ?Savvy managers are making greater efforts at retention because
they know that as employment opportunities increase, the flexibility to
change jobs also increases.?
Ongoing National Survey
This is the 49th in an ongoing series of polls conducted by Angott Search
Group a Management Recruiters International, Inc. affiliate. The survey was
conducted in accordance with the professional and ethical standards of the
American Marketing Association and the Marketing Research Association.
Angott Search Group (www.ASGteam.com) is an award winning, nationally
recognized search and recruitment organization. As an affiliated office of
MRI, ASG consistently ranks in the top 10 nationally out of over 1,100 MRI
offices worldwide. Management Recruiters International, Inc.
(www.BrilliantPeople.com), is the world?s largest search firm. MRI is a
subsidiary of staffing and outsourcing leader CDI Corp. (www.cdicorp.com).
With more than 50 years of experience and an extensive network of offices,
technical professionals and recruiters, CDI Corporation is a preferred
provider of engineering, information technology and workforce solutions for
Fortune 1,000 companies.
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