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Build Your Top Tier Team
Monthly High Tech Newsletter
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| Staffing & Employment News
Executive-level employment this year continues to be positive. The industries showing the highest demand are healthcare, clean energy, pharmaceutical and high-tech sectors at the most senior levels. Non-executive hiring is also increasing. Approximately half of corporations with a hiring freeze in effect last year have already lifted or planned on lifting these by the end of Q2. At Redfish we are certainly seeing more hiring and as importantly more job reqs being authorized.
A survey quoted by Mike Neidle, president of Optimal Management, Inc, noted that while only 14% of these firms added head count last year, 20% anticipated increasing staff this year. The July ADP figures have been released showing that US companies added more workers in July than forecast. A gain of 42,000 workerts followed a revised 19,000 increase the prior month, according to figures from ADP Employer Services published 8/4/2010.
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High Tech Job Trends
A number of recent reports show job growth attributed to the stimulus measures: The Council of Economic Advisors (CEA) shows a creation/retention of 2.5 to 3.6 million jobs over what it would otherwise have been. The Congressional Budget Office (CBO)'s May report indicates that the Recovery Act has created between 1.2 million and 2.8 million workers, and projects up to 3.7 by the end of Q3.
Information Technology and Healthcare continued to be the strongest industries for deals closed and dollars invested though; IT garnered the largest proportion of deals but Healthcare claimed more dollars. In IT, 231 deals raised $1.9 billion, up from the second quarter of 2009, which saw 208 deals raise $1.6 billion. Software garnered the largest slice of capital as 156 deals raised $908 million, up from the 132 deals that raised $761 million in the second quarter of last year.
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Wages and Salaries as the Economy Recovers - Or Not
by Robert Teal, CCP, CBP
As the economy begins to show signs of recovery you would expect to see a growth in wages and salaries, or maybe not. . .
. . . Labor is a commodity and like any commodity its value raises and falls as the demand and supply fluctuates, or at least that is what I recall from Dr Green Span's Econ 101 class. Yes two years ago that job seeker might have been earning $100k, but today I just interviewed 6 just like him that were every bit as qualified as he is and two are willing to join my organization at $85k. Why should I pay last year's prices for this year's apples? I can hire the other two at "market rates", get the benefit of their skills and if they both walk in two years, I am still ahead of the game. With their advanced skill sets I can make my numbers and may be still have some room for a small bonus for them. What is wrong with that thinking?
There may not be anything wrong with obtaining the best-qualified candidate at the going market rate. After all, almost every day there is still news of a lay-off here, a plant closing there, and continuing pay cuts and freezes. True, there is a good chance that a "low balled" hire will exit your organization in 12, 24 or 36 months, or as soon as the economy really heats up. But what have you lost, a few months pay, a few benefit dollars or maybe something more.
Robert Teal is guest contributor and writes the blog Trends in Total Employee Rewards.
Read more articles on salaries and HR Management  |
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New Articles on the Redfish Resource Pages
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Credentials, Please
by Austin Bristow, CleanTech Manager, Redfish Technology, Inc.
Credentials? Qualifications? Well, what sort of professional development have you done lately? In today's uber-competitive, ever specialized workplace having an additional set of skills is absolutely critical for career advancement. Whether it's LLM, PMP, CCIE or MBA, the acronyms can be dizzying but from my vantage point it takes certified, specialized knowledge and training to really pass muster these days.
It first requires having a career path in mind. Some have known all their lives what they want to do while others meander, swerve, skid a little, and then land into something they never saw coming. . .
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| Top Talent Sampler of the Month
We have the privilege of working with some exceptional talent. Take a look at these folks who are currently looking, or contact us to recruit top talent that may not be actively looking.
High Tech Sector:
- Software Engineer. 15 years of experience with enterprise level software management, architecture, design, development and implementation. 10 years of Java; Agile, Java, J2EE, EJB, JMS, JSP, Javascript, XML, HTML, Struts; as well as, 6 months - Hadoop, Map reduce technologies. Has lead teams of 5-10 developers, and is ideally looking for hands-on lead developer role. Bachelors degree in Engineering - VA/MD/DC area.
- Sr. Security/System Administrator. Extensive experience in design, development, security and maintenance of large-scale e-commerce, infrastructure, networks, and data systems.
UNIX, Linux and Solaris environments. Firewalls expertise. BS, General Engineering/Computer Science from Northeastern University. Tri-state NY area.
- VoIP Sales Manager. An incredible sales person who has worked way up over the last four years. Started as a junior sales rep and has consistently been promoted... currently has a team of 9 direct reports. Carries a personal quota that has always been met or exceeded. Moving to Texas in a few weeks and is open to an individual contributor role or a management title.
- Outbound Product Manager. Very passionate and energetic PMM focused primarily in the software space. Great at wearing multiple hats, can easily act as a product evangelist, write whitepapers, MRDs/PRDs, etc. Located in Northern California.
- Sales Engineer. Cisco Call Manager experience, strong switch and routing experience. 10+ years in a client facing role.
To find specific talent, recruit where you can't and secure other human resources and sourcing services, contact Redfish Technology today.
www.redfishtech.com/employers |
The Blog on Human Resources & Human Capital, Talent Management, Employer Best Practices, Legislation, Career Growth and other Workplace Issues.
Catch of the Day:
The blog on High Tech and Green Energy Industry news, as it relates to Companies, Employment, Innovation and Happenings.
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Meet Anna
Anna Mathieu, Online Media & Marketing Communications, Redfish Technology, Inc.
Redfish's philosophy is simple. We build long-term relationships by maintaining quality service and confidentiality, treating clients and colleagues with honesty and integrity, and putting our extensive network contacts and industry knowledge to work for fast and efficient winning job placements.
Our marketing communications objectives include deepening and widening the dialogue with our clientele, being a high tech and green energy staffing resource, extending our reach to specialized and niche venues where the high quality talent gravitates, and serving our clients recruitment process needs from A to Z. |
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Resources
Catch of the Day Blog. High Tech and Green Energy Industry news, as it relates to companies, employment, legislation, innovation and happenings.
Hook, Line & Sinker Blog. Human Resources/Capital, Talent Management, Employer Best Practices, Career Growth and other Workplace Issues.
Resource Library . Articles on interviewing, career management, talent acquisition, and other human resources related topics.
LinkedIn Group "Redfish Technology - Jobs in High Tech and Green Energy" - Job Postings, Articles, News, Dialogue.
Facebook Wall posts. Facebook apps deliver our blog headlines delivered to your wall.
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Health Care Update
The Employer Resources section on the Redfish website includes resources on the Affordable Health Care Act.
A slide show of the highlights of the Employee Benefits Security Administration (EBSA). |
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Recent Placements
We match exceptional talent with fabulous opportunities. Recent placements include COO, NA Sales Director, Director of Sales, Market Segment Manager, PV Systems Design Engineer, Mobile iPhone Developer. See more. |
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142 N. Milpitas Blvd., Milpitas, CA 95035 - Tel. 408-719-0200
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