At Kavaliro, we are committed to providing companies with resources to assist in the staffing and hiring process. Understanding the economic and industry trends is crucial for any successful company, which is why we have created the 2015 Employee Outlook and Salary Guide. Check out a few important points below and keep and be sure to download your own copy here!
- Trends in Today’s Job Market
The trends we uncover define the job market and allow businesses to form their employment plans based on our projections. This year, we have learned that job seekers are progressively researching opportunities and companies in a mobile-optimized format. Competition for hiring talent has become the highest hiring concern, followed by compensation. With hiring becoming that competitive, salaries are rising. Another trend we have noticed is the rise of social professional networks, and how they have become the main source for quality candidates.
- The Economy’s Effect on Hiring and Wages
The labor market numbers are finally up after a couple of difficult years. Companies are hiring and wages are going up. Dice’s 2014 annual survey recorded that technology pay continues on an upward trend with the average wage for tech workers at almost $90,000. “It’s supply and demand at work. As highly skilled IT professionals become harder to find, there’s more competition for them and paychecks rise to accompany the demand,” explains Bill Peppler, managing partner at Kavaliro.
- Keep Your Employees Happy
Employee turnover can be a company’s biggest expense and can damage reputation. By keeping current employees happy, companies will attract and retain desirable employees. Word of mouth is a great tool for spreading information, so now may be a good time to review your company’s employee perks. Several local firms have begun taking steps in rewarding top employees. We highlight our director of business development, Rafael Restrepo, who was rewarded for hitting his sales goals. As an avid traveler, Restrepo preferred extra vacation days instead of a cash bonus, and he was able to use those days to travel to China and Hong Kong over Labor Day weekend.
- Temporary Positions vs. Full Time
Today’s economy has prompted a new class of working adults who seek temporary jobs. There are many benefits to working temporary jobs, such as the ability to have a more flexible work schedule. For high-demand skills like engineering, IT, programming and social media, a more lenient schedule can be a huge asset. Using temporary labor allows employers to build relationships with professional experts, whom can potentially be hired as core employees as the economy stabilizes.
- Working with Millennials
The current state of the job market is a major topic for 18 to 25 year-olds looking to enter the work force. Staffing companies like Kavaliro help college graduates jump-start their careers with advice on where to look for jobs, how to improve their resumes and what to do when interviewing. “While the odds may be against them, these graduates are intelligent, tech-savvy, politically active and hopeful,” Peppler says. “Their higher levels of education and use of social networking sites make them exciting job candidates.”
Kavaliro Employment Agency has offices in Tampa, Fla., Charlotte, N.C., Orlando, Fla., Washington, D.C., and Jacksonville, Fla. and can make sure you find the right people for any important role. We are ready and waiting to help you anytime and look forward to hearing from you.