11 January 2016
The Execu|Search Group is excited to announce the release of our 2016 Hiring Outlook! This guide, which aims to educate employers on trends affecting the state of the job market, serves as a positive follow up to 2015’s report that forecasted a year of continued improvement and growth. However, these trends have made it clear that the job market is not only recovering, but changing – presenting new challenges for employers who do not adjust their hiring and retention strategies to accommodate the evolving structure of the American workforce. Where employers once held most of the advantage, job seekers now have opportunities to be more selective about the offers they take and the organizations they choose to work for. Along with this shift in power comes another change, as well: millennials are now the majority of the workforce, bringing an entirely different set of skills and needs to the table than their predecessors. “The overall climate of the job market today differs greatly from that of only a few years ago, and employers who do not recognize this, risk missing out on leading talent,” says Edward Fleischman, CEO of The Execu|Search Group. “To help hiring managers understand the needs of the modern professional, and how they can therefore engage with talent, we compiled this information into one comprehensive guide. As we enter a new year, we hope that our 2016 Hiring Outlook will serve as a resource for organizations reevaluating their attraction and retention efforts for 2016.” To gain an understanding of how leading employers are adapting their hiring and retention strategies to the evolving job market, we surveyed over 200 clients we’ve worked with in 2015. All survey respondents are hiring decision makers at their respective companies, and their hiring needs span across all 11 of our practice areas. We also offered a separate survey to job seekers and working professionals we have partnered with in the past year, inquiring about their goals, professional interests, and overall career outlook for 2016. The responses allowed us to gain a wide cross-section of insight from professionals at varying experience levels and from different sectors on what they are looking for in an employer and in their career. To learn how employers can engage with talent in today’s marketplace, the 2016 Hiring Outlook whitepaper can be downloaded, here.