Executive search firms often find themselves especially busy during the summer months. In fact, making sure that you have the right hires in place can help you be ready for the fall. And while there are many people who are looking for jobs all year round, there are also many people who want to make sure that they have any job changes in place before the new school year starts. And just as executive search firms are looking for the right talent to fill their openings, there are also many sales manager, plasma treating positions, and jobs at all other levels open as well. From rotational molding positions to supply chain openings, there are many companies that are searching for new hires.
Interestingly enough, as the nation sees one of its most successful economy growths in a number of years, there are actually many places of the country that are experiencing very low levels of unemployment. In these situations it can be very difficult to make sure that you are able to find the employees that you need.
Consider some of these facts and figures about the latest hiring trends and the impact that it has on the nation’s economy:
- North America alone saw an 11.3% increase in searches, according to the Association of Executive Search and Leadership (AESC) report.
- Sales of search and placement services reached $13.2 billion in the year 2013.
- 71% of respondents admit to having a shortage of skilled candidates in their respective sectors during the year 2014. This compares to 76% in the year 2013.
- Followed by referrals and social media, the number one source of qualified candidates for 2013 was existing candidates from respondents’ applicant tracking systems.
- Companies reported that 5.9% of their external hires in 2013 were sourced by search firms. That was almost twice as much as the 2012 percentage and the highest number in more than ten years.
- The average time-to-fill a job in 2013 was six days for temporary assignments, eight days for contract, and 32 days for permanent positions./li>
Whether you are a small company looking for a single hire or you are a large corporation hoping to fill 150 positions by the end of the summer, you might find yourself in a position that can help you find the talent that you need.