Yesterday, one of our members called me looking for some information on candidate salaries. His question turned into an interesting research project for me, so I’m sharing what I have learned.
For years, our independent recruiter network earned the majority of its income from placements in the $60K – $80K range. These were skilled, middle-management positions, and they were the staple of NPA’s split placement activity. Salaries have been shifting, and we’ve noticed a gradual uptick in placements above $100K.
For the year-to-date through September 30th, a full 1/3 of all NPA placements have involved salaries above $100K annually. This represents a 50% increase in the number of placements at this salary level over the same time period in 2010. NPA’s international recruiters are clearly reaping the benefits of a robust recruiting market!
NPA tracks recruiter split placements across various industry sectors. The increases in salaries are being seen across all sectors and a wide range of locations. Here is a brief summary:
Industry/Occupational Sectors (with sample job titles):
- Accounting & Financial Services – IT audit manager, group financial analyst
- Strategic Management & Supply Chain – CFO, materials manager, senior HR manager
- Chemical Process – senior product engineer, technical sales manager, project manager
- Manufacturing & Production – manufacturing manager
- Hardware/Software/Electronics – senior component engineer
- Sales – commercial leader
- IT – senior manager, lead senior consultant
- Miscellaneous – director of retail
Locations where split placements are occurring:
- Burkina Faso, West Africa
- New Zealand
- Saudi Arabia
Are you seeing similar increases in your own recruitment agency? Do you have the ability to fill high-salary roles for your clients? If not, you may need to forge partnerships with other independent recruiters. Demand is high and salaries are rising – make sure you are part of the action!