Joblessness rates dropped even more during May putting our national unemployment rate below 4% for the first time since 2000. Good talent is getting increasingly harder to find and as the economy continues to strengthen, companies are noticing market average for salaries across all fields is not attracting the same talent it once did.
According to CNN Money, earnings haven’t grown significantly since 1973 and economist are now expecting that to change. Our staffing firm has already seen some of our clients who are in front of the curve offer higher salary rates and even sign on bonuses to secure top employees. We have also seen some positions stay vacant for months trying to find the best qualified candidate at what seems to be industry standard for salary rates. Employees are unlikely to leave their current firms for lateral moves.
At VITUS Search Group, our job is not only to find top talent but educate our clients giving them the tools they need to remain competitive in an employee market. One of the most effective ways, to effectively hire within a tight candidate pool is to discover how competitive you are in your industry and adjust budgets accordingly to get your desired candidates.
For more information please respond to this email or you can call me directly at the number below.
6/11/2018 09:22:44 pm
It is really hard to budget your money. When I was still studying, this is the thought I have but that thought changes when I had my own work. It is so hard to make a living, it is so hard to save, pay expenses and buy things that I like. In other words, it is much easier to spend if the money is not from the work or hard workings you have done. Fortunately, I guess my saving strategy is an effective one and yet I do help my parents.
12/6/2018 04:25:07 am
Isn't it sad that we have to be money wisely in order for us to live? Although it is hard to earn and save money, we have the guts to budget it for specific expenses. For me, I saw, but I spend more because I save memories than money. When I die someday, I cannot bring my fortune in the place I am destined to so I'd rather collect memories than collect moneys.
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