Hot Recruitment Sectors

We’ve seen a nice uptick in business this year, so for today’s post I thought I’d share some of the hot recruitment sectors we’re seeing.

For starters, total placement activity for NPAworldwide has increased approximately 25% compared to a year ago. This is the first year of combined data since merging with the National Banking Network in 2014, so it’s not surprising to see the growth. This is especially true since accounting / banking / financial services recruitment activity is up more than 350% compared to a year ago. The NBN network specialized exclusively in these recruitment sectors.

In addition to the growth in the accounting / banking / financial services space, we have also seen a 32% uptick in manufacturing / mining / construction / supply chain recruitment activity. Activity in the chemical process recruitment sector is down approximately 20% compared to last year, due to volatility in the price of crude oil.

A snapshot of job titles includes the following:

• Tax Partner
• Controller
• Family Office Tax Partner
• Accounting Manager
• Senior Auditor
• Staff Auditor
• Plant Manager
• Director of Manufacturing
• Electrical Engineer
• Health, Safety, and Environmental Manager
• Supply Chain Manager
• Supply Area Manager
• Project Manager
• Safety Manager
• Operations Manager

Looking at the data even further shows that there has been significant growth in salaries as well, such as:

• 300% increase in placements between US $60,000 – $70,000 per year
• 25% increase in placements between US $70,000 – $80,000 per year
• More than 200% increase in placements between US $90,000 – $100,000 per year
• 5% increase in placements at US $100,000 or more annually

Regionally, we are also seeing increased placement activity:

• Placements by Canadian members are up 43% from a year ago
• Placement by members in Australia / New Zealand have increased 60% year-over-year
• Placements by US members are ahead of last year by 55%

What are the hot recruitment sectors in your part of the world? Are you seeing an overall increase in total placements or candidate salaries? Geographic sectors? Please share in the comments below! We’ll be conducting our twice-annual business barometer in the coming weeks; watch for results sometime in August.