Careerbuilder released the results of a survey that found
40% of employers plan to hire temporary and contract workers in 2013.
Temporary workers have allowed businesses
to meet their labor demands and budget plans.
It remains critical for companies to strategize ways
to control costs and be more agile!
The largest cost for most organizations is their staff.
Utilizing contingent workers can help
employers with their hiring and staffing challenges.
Consider these questions to understand how utilizing a
contingent workforce can help you solve your hiring challenges.
1) What role can temporary workers play at my company?
2) What critical projects are in my annual plan that
require burst capacity?
3) How will temporary workers help me
meet my strategic and tactical goals?
To find out more, call to schedule a free consultation
In this week’s blog, we look at the recent IT salary survey conducted by DICE, as well as, IT contracting rates in the Silicon Valley.
According to the DICE survey, technology salaries in the U.S. have increased by 5% in the last 12 months; which is the most it has ever jumped within the last 10 years.
In the Silicon Valley, it is even more pronounced as we have seen a 4.4% increase in bill rates and a 6.6% increase in pay rates just in the 4th quarter. Being in one of the hottest labor markets in the world and hub of technology, it’s even a more pronounced effect in terms of the wage and rate increases.
This comes as no surprise, since 64% of tech professionals stated that they were confident that they could find a new and more favorable position.
In addition to increasing salaries to keep top talent, companies are attempting to motivate staff with more interesting and challenging assignments.
To find out more on how to grow your business despite the talent shortage, download our free executive briefing or call for your free consultation with one of our talent consultants at (800) 408-2120.
Join us next time to discuss, “The Rising Business Trend of Utilizing Contract and Temporary Workers” with Lisa Sullivan, COO of The Armada Group.
Lisa Sullivan, COO of The Armada Group, discusses the most current statistics specific to the demand for technical talent in the Silicon Valley and what to expect for 2013. Within the Silicon Valley, the growth rate of jobs has increased dramatically compared to statewide. In addition, studies are showing that businesses are turning to staffing and recruiting companies to help meet their talent acquistion goals in the face of this booming job market. To find out more, click to watch!
Jeff, CEO of The Armada Group, lists and discusses,"The Top 4 Skills to Get You Hired in 2013," in his video blog of the week. With over a decade of experience in the IT staffing industry, Jeff see's a rising trend of the most critical soft skills that employers are looking for. Amongst his list, includes the need for critical thinking and complex problem solving skills. To find out more, watch the blog and comment to discuss.
Lisa Sullivan, COO of The Armada Group, discusses the increasing gap between our education system and US jobs today. She points out that 50% of college graduates are under or unemployed. Watch to find out more!
A joint report from the Bay Area Council Economic Institute and Booz & Company, “What Makes San Francisco Bay Area Companies Different?,” revealed that San Francisco Bay Area businesses are almost 3 times as likely to say their innovation strategies are tightly aligned with their overall corporate business strategies. When asked if their corporate cultures supported their strategies, “46 percent of Bay Area companies strongly agreed compared with just 19 percent of all companies - more than double the general population.”
To compete in the highly innovative Bay Area, it’s important for businesses to have great products and forward-thinking business strategies; however, the most important components of innovation are shown to be culture and operational innovations. To foster a culture of innovation and growth in your business, leaders must create scalable business models that will capitalize on the unique strengths of key players in innovation strategy, while allowing the company to quickly expand teams to support rapid time to market.
1 in 4 CEOs said they were either unable to pursue a market opportunity or had to cancel or delay a strategic initiative because of talent constraints.
Creating hiring plans that support your key players in innovation strategy, including senior developers, hiring managers, and project champions, is essential to competing in a highly innovative market where business models and strategies are consistently changing. Businesses who utilize these scalable models in the workforce, such as On Demand talent consultants, outsourcing, and VMS, are more than just keeping up with the competition, but consistently staying ahead of the competition due to streamlined operations and stronger corporate culture. When your key players understand that your business will support their innovation, ideas, and projects with highly-qualified resources, your company can improve idea flow and creativity within the organization.