Less "Finders" More "Keepers," as More Financial Professionals are Staying Put in Their Jobs
New York, NY (PRWEB) September 19, 2007 -- The hot topic of conversation among the professional financial and brokerage clientele of WallStJobs.com (http://wallstjobs.com) has shifted from career transitions to job security. "With many firms cutting back their hiring and searches, there is more resistance from candidates to making career moves right now for the openings that do exist," says WallStJobs.com founder, Robert Graber. "Even with attractive salaries, it will likely take some extra incentives to convince experienced pros to change positions. So now is one of those ?pendulum-swing? moments when a careful candidate can do quite well in the job market."
Graber explains that candidates are now much more focused on an available position?s long term growth. "They want to know why the position is available. If it as a result of a sector growth, or as a result of a promotion then there is a greater likelihood they will take an interview. But if it is a replacement position, then questions about signing bonuses and higher initial compensation come into play."
Graber attributes some of the skittishness of candidates to credit-related worries in the market. "Our marketplace is extraordinarily savvy and risk sensitive. They will forego short-term salary gains if they feel a ripple effect of tightening credit might make a job change too risky right now. But just like the market itself, there is certainly a risk/reward calculus that can make this current climate a great career transition moment."
Graber predicts that this more cautious search approach from candidates will put increasing pressure on firms to sweeten offers, especially for hard to fill positions. "It is similar to a sports team that has its sights set on luring a star performer from another team. Unless they are World Series or Super Bowl contenders, than they will have to pony up big bucks to land their quarry. This is especially true if the coach has recently quit or other players have just been let go."
But if candidates feel the stakes are just too high to make a move right now, Graber suggests taking steps to insulate themselves against becoming job-cut targets. Some preventive measures include:
- Take on more responsibilities. If possible, join high visibility projects that can showcase talents now more than ever.
- Consider accepting assignments that have travel requirements. These are the types of projects that are usually the hardest to fill and can make a person more valuable.
- Google yourself to be sure you are mentioned professionally. The greater the number of entries, the better. If this is lacking, contact trade publications and offer to write articles or columns for them. These are often picked up in on-line searches under your by-line.
About the company: WallStJobs.com (http://wallstjobs.com), the premier recruiting source exclusively for financial service professionals, is a member of the Jobosaurus family of uniquely specialized recruiting sites.
This press release was distributed through eMediawire by Human Resources Marketer (HR Marketer: www.HRmarketer.com) on behalf of the company listed above.
###
Related Articles:
Free Resume Template: Beware!
Downloading a free resume template can be so alluring. No work to do! You just download it, fill in the blanks, and get the job of your dreams!If you buy that, I've got lots of other things I'd like to sell you.
Writing An Effective Legal Resume
Law school taught you plenty, but it probably didn?t teach you how to write a resume that will secure you an interview with the firm of your dreams It can be daunting to create or even update a resume because there?s so much pressure to be unique
Online Paralegal Degree Preparing You For Employment
In an era when professional opportunities are diminishing, one area where opportunities are certainly expanding is in the field of paralegal work. Consequently, as the practice of law expands, and the need for professional paralegals grows, many argue that there has never been a better time to enter the field of paralegal work.
Contract Jobs In The Defence Sector
The hottest trend among companies throughout the United Kingdom is to utilize contract workers to meet seasonal or quarterly demands. This trend has come about over the last decade as businesses are trying to stay competitive in an increasingly global market. Payroll payments form a major investment for the average UK business, which means that contract professionals feature short run payments which are quickly moved off of the books. In addition to financial needs, many companies benefit from the flexibility that a reliable short term and project staff members provide them.
Self-Employment Tax Deductions
Being your own boss can be a richly rewarding experience, but many people put it off because they fear facing a complex tax system. In reality, the tax process for self-employed individuals can be fairly simple, and offers its own set of rewards.
Can You Really Get Paid For Online Survey Jobs?
Surveys can be a great way to supplement an existing income or to start earning from home. You can get paid for online survey jobs right from today. Find out how!
Talent Technology, Providers of Industry Leading HR Conceptual Search Technology, Launches Resume Mirror? Search Enterprise Product
Resume Mirror Search Enterprise allows advanced searching with "zero training" to quickly pinpoint and rank qualified applicants.
Employment Law, Part II
Look here it is, this is America for Americans; English is the spoken language. You must be immunized to come here since we have already gotten rid of major diseases like small pox.
Using College Jobs as Leverage for Post-Graduate Careers
Students at colleges throughout the United Kingdom and Europe hold positions to pay their bills while they study for a better job after college. Positions in retail, phone sales and front office work help students learn the ins and outs of the working world while they earn a pay check. You may not think fondly of college jobs as you walk across the stage at graduation but these jobs offer future employers an insight into your potential as an employee.
Cultivating a Complete Tool Kit to Succeed in Media Jobs
Media professionals need to possess more than a pleasant voice and nice smile to succeed in broadcasting, publishing and other media jobs. A majority of the work completed in media jobs is done away from public eyes. The first step that professionals in media jobs need to take is creating a realistic expectation for daily work. Young media professionals may think that investigative reports will yield big breaks but most work involves small steps toward the truth.
Get In The Game With a Stellar Resume
During the job hunter's market of the 1990's, employers were settling for less than qualified candidates because the candidate pool was so small. Job hunters were able to name their price and employers were meeting their demands.
Resume Writing - Get That Job
Looking for a new job, whether it is with a new company or a promotion within your own organisation, requires time and effort. To make your job search more effective you need to take five fundamental steps on the road to success:· Analysing your skills· Writing a winning Resume· Managing your job search· Coaching for interview success· Negotiating your job offerStep 1: Analysing your SkillsThe most crucial step in the job search process is to assess what skills you have to offer to your future boss.
Working Multiple Jobs And Still Can't Manage Those Bills? Consolidate Bills And Make It Easier
In today's world of invisible money and fast credit it is easy for anyone to get over their head with debt and find themselves will more bills than they can pay. It is very common today for people to have two jobs and still not make enough money to keep up on all of their bills. If you think you fit into the situation I am describing then debt consolidation may be right for you.
Providence Investors & Entrepreneurs Consider Multibrand Franchise - Yum! Pizza Hut/WingStreet Stores Could Create New Jobs for Providence
Yum! Brands, Inc., the world's largest restaurant company, is interested in opening up to 17 franchised locations in the Providence area within the next few years. The new multibranded Pizza Hut & WingStreet stores, which double menus and revenue streams, will provide a franchise alternative not found to date in the Providence area. Private investor meetings are being held on Nov. 27th and 28th to provide information on Yum!'s plans for development in the Providence area.
Simple Interviewing That Works
Powerful questions to get below the surface1. Ask for specific "stories" of complete situations"We all meet situations where people disagree on the correct way to proceed.