July 2005
The year is arrived at the half way mark and the surge in hiring continues.
In December, 2004, I wrote, “Firms are back to hiring again. Almost every firm we call is in some version of ramp up AND given how deep the cuts were, wages will start an upward march next year.” You may have noticed the number of jobs on our site has increased by about 50% this year from where it was last year.
We have clearly seen the upward march. Companies are hiring and using consultants again. Wages are starting to finally increase after a multi-year deflationary period.” An anecdote. A client of ours in New Jersey hired Visual C++/C# senior developers during the recession for salaries up to about $98000. They’ve opened the job up again for $110000.
Labor shortages exist. Two months ago, I told the story of the firm that tried to hire a large number of J2EE developers and, after months of administering standardized tests, open the potential pool of talent to H1B applicants who started to fill these positions. Other firms are now doing this, too.
(Instead of discouraging your high school age child from going into technology as a career as so many parents did, we can encourage them again.)
Yes, we are back to good times.
Jeff Altman
Concepts in Staffing
In December, 2004, I wrote, “Firms are back to hiring again. Almost every firm we call is in some version of ramp up AND given how deep the cuts were, wages will start an upward march next year.” You may have noticed the number of jobs on our site has increased by about 50% this year from where it was last year.
We have clearly seen the upward march. Companies are hiring and using consultants again. Wages are starting to finally increase after a multi-year deflationary period.” An anecdote. A client of ours in New Jersey hired Visual C++/C# senior developers during the recession for salaries up to about $98000. They’ve opened the job up again for $110000.
Labor shortages exist. Two months ago, I told the story of the firm that tried to hire a large number of J2EE developers and, after months of administering standardized tests, open the potential pool of talent to H1B applicants who started to fill these positions. Other firms are now doing this, too.
(Instead of discouraging your high school age child from going into technology as a career as so many parents did, we can encourage them again.)
Yes, we are back to good times.
Jeff Altman
Concepts in Staffing
