Novotus Predicts Rise of RPO Services in 2008: High Employment Rates Not Adversely Affected by Housing Bust
Austin, TX (PRWEB) February 5, 2008 -- The slowdown in the housing and mortgage banking industries do not seem to be having a spillover effect into the broader employment market, according to a recent survey conducted by Novotus, an Austin-based recruitment process outsourcing provider (http://www.novotus.com/). In fact, the survey indicates human resource professionals are increasingly concerned about their companies? ability to hire qualified job candidates.
Fifty-six percent of the human resources professionals surveyed said that finding talent for their organizations has become more challenging, with 49 percent anticipating even more difficulty over the next six months.
These figures indicate that while the housing industry is busting, employment rates are booming. This is good news for the average worker, but for human resources professionals charged with the task of filling vacant seats with quality employees, high employment rates equal major challenges. Thirty-one percent of them reported more difficulty in sourcing candidates (http://www.novotus.com/client/index.html) over the past year.
Perhaps that is why 59 percent of all questioned already are using or considering the use of recruitment process outsourcing firms to alleviate the pains of sourcing candidates.
Novotus predicts a sharp rise in the rate of employers who will come to depend on recruiting companies for their hiring needs throughout 2008.
?Traditional staffing companies (http://www.novotus.com/client/direct.htm) have failed to partner effectively to solve the looming talent shortage brought on by the retirement of the baby boomers,? said Novotus COO Jim Taylor. ?As a result, companies are searching for a cost-effective recruiting solution that drives improvements in recruiting, from employment branding and candidate sourcing all the way through interviewing and onboarding of new employees.?
Which employees are hardest to find? According to the survey given at the HR Southwest Conference in Fort Worth, sponsored by the Society for Human Resource Management (SHRM), engineers are in high demand and low supply, followed by information technology and sales professionals.
?For now it looks like hiring will continue to be strong in 2008,? continued Taylor. ?If it does slow at all that will give companies a window to get their recruiting (http://www.novotus.com/client/index.html) issues solved, as it will be a short-lived slowdown. By 2012, the Bureau of Labor Statistics forecast projects that in the U.S., we will have 3 million more jobs than available workers for those positions. Companies have to be aggressive about their workforce plans.?
About Novotus
Novotus, based in the U.S., is a modern recruitment process outsource provider that fuses together the services offered by recruitment process outsourcing companies and traditional staffing companies. Founded and directed by professionals who sought to meet the changing needs of companies, Novotus has altered the landscape of recruitment process outsourcing (http://www.novotus.com/client/rpo.htm). For more information, contact Jim Taylor.
Novotus is a founding member of the Recruitment Process Outsourcing Association.
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:
H-2b Visa Cap Creates Thousands of Unfilled Jobs for 2007
The United States Citizenship and Immigration Service (USCIS) reported on Friday, March 23, that the second-half quota of 33,000 H-2B visas had been reached leaving thousands of jobs unfilled for the year 2007.
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.
Banking Operations Jobs Still Out There According to Joslin Rowe
Joslin Rowe reports investment banks are polarising over banking operations recruitment in a tale of fortune and famine.
AdMonsters Announces Success of its Ad Operations Job Board Over 225 Jobs Posted Since December 2006 Launch
AdMonsters, an association dedicated exclusively to supporting leaders in online advertising operations worldwide, celebrates the success of its job board. Since its December 2006 launch, over 225 jobs have been posted, with job listings from major companies including MTV, The New York Times, About.com, Fox News Channel, and the International Herald Tribune. The positions they are seeking to fill range from, Ad Traffickers, Campaign Managers, Inventory Analysts, Ad Product Managers, Internet Advertising Technicians, Ad Operations Coordinators to more and very senior positions like; Director of Traffic and Sales Operations, Manager of Media Technology and Vice President of Ad Operations.
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.
Exploring Graduate Jobs In The Media
The media job market in the United Kingdom is highly competitive but a great place for strong media graduates. Graduate jobs with media outlets, including television, radio, and Internet companies, are not necessarily plentiful. As well, these positions are sought after by applicants from the UK, Europe, and universities around the world. There is a premium on talented and committed media professionals, which makes it important for a media graduate to explore their options and find the best point of entry before enduring the heartache of a failed job search.
Should You Seek Temporary Or Contractual Employment While Searching?
According to US Department of Labor statistics, the average time to find employment is roughly six months. It could take as little as four to six weeks, or as long as ten to twelve months, or longer.
Info Cubic's One-Click-Screening Solution for Employment Screening Industry
Info Cubic LLC, a leading employment screening company, announced today the release and launch of an innovative "One Click Screening" solution which relieves the burden of data entry for HR employees. It's an exciting new opportunity for you to simplify and integrate your hiring process, as well as compete for and win the best candidates.
LegalShore, Parrent Smith Team Up to Provide Online Employment Law Compliance, Background Checks
LegalShore, a SaaS employment law compliance software company, and Parrent Smith Investigations, a Southern California-based private investigation firm, have entered into a teaming agreement. Under the agreement, the two companies will offer clients the option of obtaining background checks online through LegalShore's Flexpoint application.
Why There Will Always Be High Paying Sales Jobs
With the dot.com revolution crushing once solid business models on an almost daily basis, the question surely crosses one's mind "am I next?".
Resume That Effectively Promotes You!
Imagine for a moment that you have created a wonderful product. You are excited at the possibilities of attaining name, fame and wealth marketing this product.
Employment Law 2008 Update For Businesses & Illegal Workers
Protect you business from hefty fines or even a prison sentence by being up to date with the UK Governments January 2008 illegal worker laws.
Finding Leads In Software Sales Jobs
Like any other field in the United Kingdom, software sales can be a tough one to enter. Hundreds of thousands of UK students are leaving universities each year, eager to enter the workplace and filled with enthusiasm for their professional lives. Software sales jobs are a popular destination for temporary and permanent employees from the graduate ranks, as young professionals are well versed in communications and technology. The sheer volume of applicants for each position can make it tough for one candidate to set themselves apart from the competition. As well, there is high competition for young professionals once they enter the workplace, which makes it tough for all but the most dedicated workers.
How to Create a Great Electronic Resume
After creating the perfect resume, you then need to
distribute it. You'll likely be sending some professionally
printed hard copies, especially to "A list" companies or
organizations you've set your sights on.
Draft Discussion Continues In Congress While Competition Still Exists For Many Military Jobs
Many experts have long predicted a two-sided problem from the continued fighting in Iraq involving a massive exodus from the military followed by a recruiting shortfall. One Marine pilot observes that just the opposite is happening and has written a how-to book on getting a military pilot slot even through intense competition.