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Placement & Recruiting in Today’s Employment Landscape PRESENTED BY: Eric Winegardner VP, Client Adoption December 1, 2010 Pearson Learning Solutions Summit
Agenda ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Macro Economic Indicators
National Unemployment Rate ,[object Object],[object Object]
Unemployment Rate by Education Level
Trends in the Unemployment Rate National Association of Colleges and Employers – June, 2010
Monthly Payroll Growth
Payroll Employment Growth
Monster Employment Index (MEI)
Full Reports Available Online at: http://about-monster.com/employment/index/17  Site: Resource Center – Market Intelligence November Data Released December 2 nd
Evolving World of Work
The New World of Work
The New World of Work
Undergraduate Plans After Graduation National Association of Colleges and Employers – June, 2010
 
A Look Into the Future
BLS 2018 Projections- Change in Occupational Group
BLS 2018 Projections- Change in Service Providing Industry
BLS 2018 Projections- Change by Education/Training Category
BLS 2018 Projections- Fastest Growth Occupations
BLS 2018 Projections- Fastest Growth Occupations- Numeric
Entry-Level Job Conditions
Entry Level  │  Supply and Demand Opportunities ,[object Object],Source: Monster Internal Data,  Active Job Seekers, June 2010; New Job Postings, June 2009 – May 2010
Entry Level  │  Labor Market Matrix Source: Monster Internal Data,  Active Job Seekers*, June 2010; New Job Postings, June 2009 – May 2010 *Active Job Seekers  are the number of My Monster Accounts  created, modified or accessed over the last 18 months ,[object Object],[object Object],[object Object],[object Object],Incubator Zone
Entry Level  │  Compensation ($) ,[object Object],[object Object],Source: Monster Internal Data,  January 2010 –  May 2010; Only permanent full-time  professionals and opportunities  were included within the analysis
Research by Monster &  Human Capital Institute (HCI)
Recent Research with the Human Capital Institute (HCI)  ,[object Object],[object Object],[object Object]
Where the 21 st  century is headed. . . .
Employer Perspectives
What employers told us . . . ,[object Object],[object Object],[object Object],[object Object],[object Object]
Employers are feeling the recession . . . ,[object Object],[object Object],[object Object]
Both employers and workers are concerned about top performers leaving the organization Workers Employers “ Some top performers are  leaving, causing me concern”. More or less concerned  about top talent attrition
Employee Perspectives
Worker perceptions of the future have changed ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Workers expect compensation, including base pay, benefits, career advancement and retirement to be impacted significantly Workers Expectations on Compensation and Career Advancement
Today, employees may be “just happy to have a job” … “ Just  HAPPY  to have a job”
The recession  has  changed their attitudes toward their employers The leadership appears to be less concerned about employee retention than prior to the recession The leadership is inclined to use worker insecurities to drive longer hours, lower pay or other concessions The leadership is less tolerant of dissent and challenges to its authority
“ Today’s employers feel that employees are loyal due to the economic times, but the reality is they are not. Because of this, there is a strong likelihood that when the economy turns for the better, employers could find themselves with valued employees jumping ship. This places pressure on them to put retention measures in place now.” - Katherine Jones, HCI Research Fellow.
What does this mean in a recovery? ,[object Object]
Questions?
Thank You! ,[object Object],[object Object],[object Object],[object Object]

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