The Staffing Industry Review is a great publication that I read on a monthly basis. This month I scrubbed through it for a collection of facts and numbers that should be of interest to anyone in recruiting or talent acquisition. Looks like there is much opportunity and some challenge on the horizon for those of us in these markets. Here is what I saw this month:
- Wages for full-time US workers were up for the first quarter of 2015 by 1.5%
- Research by Bersin for Deloitte says the employers are paying on average $4000 per new hire to acquire talent.
- Monster reports that 57% of the workforce is planning to search for a new job this year.
- Monster says 30% of recruiters find the tools they use to get in the way of their job. (This means if you could find better tools…less frustration)
- Only 9% of independent workers use the commonly cited tools like Freelancer.com or Uber.
- By 2020 there will be 1.4 million new computer science jobs and only 400,000 trained to fill them.
- In 2015 there were 172.5K petitions for the 65,000 H-1B visas granted.
- Monster reports that 79% of job seekers will use social media to support their search.
- There are currently 4 million open jobs in the US.
While some of these are opportunities for recruiters, still others are challenges. How do you feel about the profession’s trajectory over the next 5 years?