Becoming an Employer of Choice Starts with Hiring Beverly Parker 2018
Financial Additions Financial Additions was founded in 1999 by a CPA and MBA in order to provide excellence in financial placement and staffing. We have offices in Dallas and Fort Worth Currently have employees in 15 states across all types of industries from small to Fortune 500s
Employers of Choice /Best Places to Work An employer of any size in the public, private, or not-for- profit sector that has met high standards. Generally recognized for their leadership, culture, and best practices that attract, optimize, and hold top talent, achieving corporate objectives. “Best Places to Work” by The Dallas Business Journal “National - Best Staffing Firm to Work For” - Staffing Industry Analyst Currently over 140 employees at over 110 different companies.
Most Common Question to Recruiters: How is the Job Market? Where are the great employees?
How is the Job Market It’s like the ocean!
How is the Ocean? Frozen Oily Crystal Blue in Demand
National Unemployment Rate Seasonally adjusted Source US Government Bureau of Labor Statistics
Unemployment Rate As of April 2018: National Unemployment rate is 3.8% Texas Unemployment rate is 4.09% Source US Government Bureau of Labor Statistics
DFW Unemployment Rate 2010 June 2014 April 2018 Dallas County 9.0% 5.7% 3.8% Tarrant County 8.6% 5.3% 3.7% Collin County 7.9% 5.0% 3.4% Denton 7.6% 4.9% 3.3% US Government Bureau of Labor Statistics
Unemployment rate: Bachelor’s Degree or Higher Nov Dec Jan Feb Mar 2.1% 2.3% 2.2% Nonfarm Payroll – Job Growth Details Jobs Added/Lost Private Sector 102,000 Government Sector 1,000 Total 103,000
CNN Money Announced
What is one of the best indicators of the health of the job market?
Quit Rate
Industry and region 2013 2014 2015 2016 2017 Total 20% 22% 24% 25% 26% INDUSTRY Total private 23% 27% 28% 29% Trade, transportation, and utilities Information 16% 18% 17% 19% Financial activities 15% Finance and insurance 14% 13% Real estate and rental and leasing 21% Professional and business services 30% 32% 37% 38% Leisure and hospitality 40% 45% 48% 52% 49% Arts, entertainment, and recreation 34% Accommodation and food services 42% 47% 51% 54%
Texas returns as the top U.S. job creator
Leading indicators in Tarrant County
Amazon: HQ 2
Financial Additions Survey Job Market 2nd Quarter 2018
Purpose Of the Job Market Survey Developed to help our clients and candidates who are looking for a new opportunity or to acquire the best talent Highlight the highly fluid job market in DFW Financial Additions presents this information to groups of job seekers and employers.
Comments from the Q2 Survey “Solid Job Market, increased competition for qualified candidates.” “More companies are coming into the North Dallas region creating new jobs. Salaries have been stagnate, but should increase in to hire highly qualified candidates.” “With multiple corporate relocations, the cost of quality accounting hires is rising.” “Very hot market… hard to find good help.”
Favorable Industries Healthcare Oil and Gas Technology Real Estate
Company vs. Candidate
Employer of Choice Employers of choice have a lot in common, but the bottom line is that your employer of choice may not be the same as another employee's employer of choice. But, for you to be happy and most fulfilled at work, your employer must be your employer of choice - whatever that means to you.
Company Tips - Interviewing/Hiring Process Determine the top 3 Must Haves What are the Nice to Haves Quick decisions Turn down the audit button setting Turn up the sales pitch setting Offer/Screening Speed ON BOARD ON BOARD ON BOARD
Top Ten Most Important Things Compensation Challenging Work PTO Industry Benefits Make a Difference Work Life Balance Location Positive co-workers Advancement Opportunity
Increasing Salary Requirements Accounts Payable
Staff Accountant 2011 $ 50,541 2012 2013 $ 51,067 2014 $ 51,553 2015 $ 54,546 2016 $ 57,666 2017 $ 60,043
Holidays-Bureau of Labor Statistics states 7 Holidays-Bureau of Labor Statistics states 7.6 is the average number of paid holidays Floating Holiday-birthday, anniversary, religious holidays Time off to volunteer-some employers are giving as much as two days a year Midday Break for exercise, or leaving early to attend a workout class Summer Schedule Time off Benefits
Benefits Beyond Animal Friendly Annual Trips or Retreats Paid Memberships or Dues Work From Home Food Provided Blue Zone Project/Wellness Program Support Local Charity Benefits Beyond
Visibility of Opportunities Visible Jobs Unseen Jobs Linked In Indeed Corp. website Monster Network Career Builder Recruiters Zip recruiter Consulting
Facetime Skype Tips Be prepared above and beyond face to face interview Know your surroundings Dress professional Have resume available Practice
LinkedIn – Hiring Manager Personal profile is updated Company page is interesting Resume and profile are in sync Who are their connections? Grammar and spelling errors checked
LinkedIn Updates Make sure your profile picture is visible and in center Change the background from blue dots to professional Keep summary short and up to date Join Groups Like and share information Security settings have changed Find someone you are not connected with to view your profile
LinkedIn – Candidate Seeking employment/career opportunities on profile Email on profile - Burner Full profile including key words – software, industry, Link to as many as possible – Millions of connections Before an interview look up the interviewer on LinkedIn for profile, common connections Linked In changes every day Purchased by Microsoft
Why work with a Recruiter? Know where the jobs are (visible/unseen) Know the hiring manager 3rd party referral is stronger than 1st 2nd happiest person that you found a job The reason companies use recruiters Weed through the chaos
Sample Interview Questions-Rethink What can you do for us that someone else can’t? How would your boss/colleagues describe you? What are your career goals? Why do you want to work for this company? Where do you see yourself in five years?-RETHINK What skills do you think are essential to be successful in this role?
Relationships NOT Connections
Contact Info Beverly Parker 817-766-7475 beverly.parker@finadd.com