>Erin Geiger

About Erin Geiger

Erin Geiger is a seasoned Content, Editorial, and Product Engagement professional with two decades of experience creating content as well as overall content direction and strategy. Her background stems from a variety of online verticals ranging from start-ups to Fortune 500 corporations.

Tech Hiring Turns to Junior Candidates, Driving Salaries Down

Tech salaries in the U.S. have decreased a bit (1.1%) as companies look to hire junior candidates for senior roles. A rising competition for software developers and other tech workers, partially due to the “Great Resignation” has caused companies to bring on cheaper, less experienced workers. (more experienced workers are experiencing an increase in pay) In parallel, the current hiring shortage is bolstering wages across industries. The Federal Reserve Beige Book reports that increased wage growth is seen across almost all districts. Private-sector jobs in the U.S. are up by 534K in November per the ADP National Employment Report. Jobs added in November by sector: Goods-producing: Natural resources/mining, up 7,000 Construction, up 52,000 Manufacturing, up 50,000 Service-providing: Trade/transportation/utilities, up 78,000 Information, up 10,000 Financial activities, up 13,000 Professional/business services, up 110,000 Professional/technical service, up 51,000 Management of companies/enterprises, up 5,000 Administrative/support services, up 53,000 Education/health services, up 55,000 Healthcare/social assistance, up 46,000 Education, up 10,000 [...]

By |2021-12-02T23:19:12+00:00December 2nd, 2021|Categories: Talent Acquisition Trends|Comments Off on Tech Hiring Turns to Junior Candidates, Driving Salaries Down

2021 Content Roundup: Our Free Resources of the Year (so far)

Raise your hand if you feel like it can’t possibly be the holiday season already because you swear you just celebrated 4th of July (if you’re in the States). 🙋‍♀️ 🙋 But, here we are. In that part of the year where the days sort of meld together and you feel like you’re celebrating the December holidays and New Year’s all at once. While 2022 is just around the corner, 2021 is still rockin’ and rollin’ along. To help you bring this year to a close with a bang, we thought we’d pull together the (amazing) resources we created to help you reach your talent acquisition goals this year and in the future. Much of these free resources center on recovery recruiting as we all both climb out of and manage the current situation of the global pandemic. We went over: Strategies to put into place to ensure a strong recovery Tactics to implement to keep [...]

By |2021-11-15T21:48:32+00:00November 26th, 2021|Categories: Talent Acquisition Trends|Comments Off on 2021 Content Roundup: Our Free Resources of the Year (so far)

Quits in September Hit a New High

Over 4 million U.S. workers called it quits in September, marking a new high. Many industries saw an increase in quits, but the one that saw the most was “arts, entertainment, and recreation” – quits increased by 56,000 from the prior month. However, in October the U.S. workforce saw more than 2.5% of retired workers make a return to work. This is the highest rate seen since the start of the pandemic and is thought to be partly due to both the increase in vaccination rates and wages.   From highs to lows...the U.S. gross domestic product is forecasted to grow annually at a 4.6% rate in Q4. This is down from the previous expectation of a 5.2% growth rate. When looking at the overall year of 2021, it’s thought that the GDP will rise 5.5% (original estimate was 6.1%). For 2022, the growth estimate is estimated to be 3.9% (original estimate was 4.4%). On [...]

By |2021-11-18T20:29:44+00:00November 18th, 2021|Categories: Talent Acquisition Trends|Comments Off on Quits in September Hit a New High

Strong Employment Growth, Pre-Pandemic Unemployment Rate Forecasted

Macy’s gives workers a pay bump by raising their minimum wage to $15 an hour plus offering a debt-free education benefit. The increase is a tactic to attract workers in this hot employment climate. Corporate and hourly workers will also get to enjoy an extra flexible paid holiday so they can choose a holiday that means the most to them and ensure they have it off.   In 2021, the global economy grew by a strong 5.1%.  The forecast for 2022 is even rosier and expected to experience larger than forecasted growth. This is in contrast to the 3.3% global GDP decline in 2020, setting the global economy to get back to pre-pandemic levels by the end of next year.   The Employment Index also points to strong employment growth in the coming months with the U.S. unemployment rate reaching 3.5%, hitting the pre-pandemic low by the end of next year. However, it also forecasts [...]

By |2021-11-12T02:00:48+00:00November 12th, 2021|Categories: Talent Acquisition Trends|Comments Off on Strong Employment Growth, Pre-Pandemic Unemployment Rate Forecasted

Anticipation and Expectations Around October Jobs Report Realized

UPDATE: Actual performance as reported from the Labor Department: nonfarm payrolls increased by 531,000 (higher than the anticipated 450K but slightly lower than other forecasts calling for 571K), the unemployment rate fell to 4.6% (more movement than the expected 4.7%), and wages rose .4% (up 4.9% year over year as expected). A sharp increase from the 195,000 U.S. jobs in September, 450,000 jobs are expected to have been added in October according to Dow Jones estimates. As well, hourly wages are seeing an increase of 4.9% year-over-year. Those watching the market are taking a close look at inflation, and wage growth has a big impact on that direction. The newly released ADP National Employment Report comes in at 571,000 added nonfarm, private-sector jobs in October. From ADP payroll data: Here are the jobs added in October by sector: Goods-producing, up 113,000 Natural resources/mining, up 6,000 Construction, up 54,000 Manufacturing, up 53,000 Service-providing, up 458,000 Trade/transportation/utilities, [...]

By |2021-11-05T16:46:46+00:00November 4th, 2021|Categories: Talent Acquisition Trends|Comments Off on Anticipation and Expectations Around October Jobs Report Realized

74% of U.S. Companies Are Turning to Contract Workers for Strong Year-End Close

Over half (55%) of key decision-makers in hiring in the U.S. state that senior-level positions are the most challenging to fill. Every skill level is hard to recruit right now, but it seems that unskilled workers are a tad easier to recruit. Almost 70% of these decision-makers believe entry-roles will be easy to recruit for.   Speaking of executives, it looks like most want to return to the office. A recent survey found that 79% of executives want to return, with productivity on the top of the list of reasons why. The office is a place to decrease distractions and increase collaborations with their teams. On the flip-side, though, 74% said they are ‘most productive working from home now’ – this is up from 40% in 2019.   Labor shortages plagued almost half (47%) of companies in Q3, up from 39% in Q2. Some, 20%, reported having tons of applicants but not enough correlated candidates. [...]

By |2021-10-28T22:39:45+00:00October 28th, 2021|Categories: Talent Acquisition Trends|Comments Off on 74% of U.S. Companies Are Turning to Contract Workers for Strong Year-End Close

72% of Technology Workers Are Eyeing the Exit Doors

Pretty soon we’re going to start seeing people donning sandwich boards at every corner advertising their open roles – from entry level to senior executives. Just picture it – “will pay to train…any (breathing) human…”.  Employment only inched up a bit in September and early October as high demand continued for workers but the actual supply of labor was low.   Hours have been slashed for jobs in retail, hospitality, and manufacturing as there aren’t enough workers to cover the shifts. Low labor supply has been seen in transportation and technology as well. There’s been an increase in turnover as workers jump ship for other jobs…or retirement. #byefelicia   Might want to sweeten the pot for your tech employees – a recent survey found that 72% (😲) of technology workers are considering leap-frogging over to their next gig in the next year. The reasons are probably obvious to most, but here are the top ones, [...]

By |2021-10-22T18:49:27+00:00October 22nd, 2021|Categories: Talent Acquisition Trends|Comments Off on 72% of Technology Workers Are Eyeing the Exit Doors

The Great Resignation or The Big Burnout?

The Great Resignation might as well be called The Big Burnout – most workers that left their jobs during this time did so due to burnout. A recent report found that more than 1 in 4 workers left their job without having another job lined up. In fact, in August not only did job openings decrease 5.9% when compared to July, but wokrers were quitting their jobs at a record rate. The ‘quits rate’, measurement of workers who leave jobs voluntarily, reached a record high of 2.9% in August, with 4.3 million people quitting their jobs. Wondering if the skills and technologies wanted most have changed throughout the pandemic? Fiverr International listed the 10 fastest-growing skills and technologies on the platform, and a few may surprise you. These were included in their ‘Small Business Needs Index’ report: Shopify Sales Funnel; 235% increase in searches; earnings per project up to $2,195 Amazon PPC Campaign; 171% increase [...]

By |2021-10-14T22:15:24+00:00October 14th, 2021|Categories: Talent Acquisition Trends|Comments Off on The Great Resignation or The Big Burnout?

A Recovering Labor Market Faces Challenges of Burnout, Salary Woes, and Increased Turnover

We made it to Friday everyone! Before we jump in with this week's news, I'm hoping you had this moment this week:   No? Well that's my homework for you - do something this next week to elevate your meetings! Life is short, meetings can be too. :) Onward... Almost half of U.S. workers feel underpaid. A recent survey shows that 49% of workers in the U.S. feel shortchanged with their pay rate. While the pandemic may have stalled increases, workers (31%) are now saying they may find another job if their financial situation doesn’t change by the end of the year. To attract and retain new hires, 48% of employers are offering signing bonuses. Even though progress has slowed, the U.S. labor market continues to recover with 568,000 nonfarm, private-sector jobs added in September.  Strong job gains and a decrease in hiring bottlenecks are expected as health conditions due to the COVID-19 variant improve. [...]

By |2021-10-07T21:45:17+00:00October 7th, 2021|Categories: Talent Acquisition Trends|Comments Off on A Recovering Labor Market Faces Challenges of Burnout, Salary Woes, and Increased Turnover

Employee Turnover Expected to Increase & Other Recruiting News

Target to Hire 100K Seasonal Workers Down a bit from the hiring goal of 130K for the 2020 and 2019 holiday season, Target expects to hire 100K for 2021. Flexibility will be a big lure here, as the retail giant is not only offering more hours to team members, but also the option to take shifts that best fit their schedules. Target’s minimum wage is currently $15. Not to Be Outdone…Walmart to Hire 150K Seasonal Workers Many of these roles will be permanent and full-time. Walmart’s average hourly wage in the U.S. is $16.40, but some in-store roles can pay up to $34 an hour. Those in entry-level roles have the potential of promotions within seven months. Double Digit Tech Jobs Growth In the six months ending September 6, the number of unique, active job postings for computer occupations in the U.S. increased 15%. As of September 6th, there were more than 1.2 million unique, [...]

By |2021-09-30T22:29:38+00:00September 30th, 2021|Categories: Talent Acquisition Trends|Comments Off on Employee Turnover Expected to Increase & Other Recruiting News