NPAworldwide placement activity has remained consistent throughout the pandemic. Members continue to rely on each other for split placements and they are finding pockets of activity around the globe, in multiple industry sectors. Here are some notable items through the end of the third quarter:
- Contract placements have increased 27% since 2019. Employers are turning to contractors to fill critical roles without the full burden of payroll and benefits.
- Salaries are fairly stable. Salaries above US $100K annually have declined slightly (about 6%) since last year. Salaries between US $70K – $80K and US $80K – $90K annually have both seen modest year-over-year increases.
- We have seen strong YTD NPAworldwide placement activity in the technology sector, with placements 38% higher than a year ago.
- Developing specialty areas of agribusiness and biomedical/medical devices/pharmaceuticals have increased slightly year-over-year. Hiring activity in agribusiness appears robust as we continue to see solid numbers of quality job orders in this sector.
- Healthcare splits remain even compared to a year ago.
- Engineering activity has declined by 23% as manufacturing job losses have been slower to recover than some other sectors.
Some of the placements that our members have recently made include:
- Corporate Controller in Georgia (USA), US $160,000 salary
- Senior Trust Officer in Texas (USA), US $187,000 salary
- Commercial Engineer in Queensland (Australia), US $197,000 salary
- IT Manager in California (USA), US $180,000 salary
- Food Scientist in Indiana (USA), US $80,000 salary
- National Field Services Manager in Victoria (Australia), US $138,000 salary
- Java Software Developer in British Columbia (Canada), US $95,000 salary
- Regional Sales Manager in Ireland, US $110,000 salary
While NPAworldwide placement activity is just *slightly* below 2019 levels, we continue to see strong signs of economic rebound. Job orders are increasing, contract placements are a new revenue stream for many, and clients are returning to third-party recruiters over in-house talent departments. The pre-pandemic demographics have not really changed, so we expect to see a strong recovery post-pandemic.