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News and Events - Articles Signs of Life Among the Rubble: A view of the 2009 Job Landscape By Robert Hawthorne, Founder – Hawthorne Executive Search If you listened to the mainstream media you would assume that no one was hiring, that the majority of Americans were cashing unemployment checks on a weekly basis, and bread lines will soon be forming in most major cities. While it is true that certain sectors have been devastated, most notably financial services and construction, the overall job landscape is down, but not totally bleak. At Hawthorne Executive Search our recruiters work daily across a diverse set of industries, so we get a pretty clear indication of which industries (and even which cities) are doing better than others. Specific to the two segments of most interest to YP Talk readers – the local search and directory spaces, overall, there is a good amount of activity, although down significantly from the very robust growth of the past several years. On the traditional publishing side, despite the reports of its pending demise, there is no doubt we have seen a significant decline in hiring due to fewer expansions and some consolidation. But many independent publishers are continuing to hire most often in second and third tier sized markets, while larger publishers still continue to add sales representatives in selective markets. The online sector still remains relatively robust, with companies focused in the online marketing/search engine marketing doing better than others. Within these companies, there continues to be a build up of the sales force, with the trend being to hire more inside sales professionals than outside. As a result, individuals who are account managers or have technology background continue to receive job offers. Salaries in both the online and traditional publishing space have remained level from last year. While I would estimate that the overall decrease in activity between 25 and 35 percent, remember this is following several years of robust growth and expansion, which at some point was bound to slow up anyway. There are still companies that continue to march ahead, add to staff, and realize that this is a tremendous time to add some extremely talented individuals who haven’t been looking for a job in quite a few years. For employers, you need to remain focused on keeping your top performers happy and working away. A client called the other day very frustrated at their inability to find high quality talent given the large numbers of unemployed out there. I counseled him that while there may be some 5 million plus people unemployed right now, you can’t assume that all of them are capable of selling your product, or are even located in your geographic area. If you needed an experience stock broker in New York City, a drill press operator in Iowa, a construction worker in Orlando, yes, there are plenty of those skills available. Some simple but obvious suggestions:
For employees, you too have some things you need to do also:
About Hawthorne Executive Search Hawthorne Executive Search, is a full service executive search and consultancy focused strictly on the advertising, publishing and media industries. With decades of experience, Hawthorne Executive Search is an executive search and management firm that has assisted companies of all sizes in the recruitment and selection of top talent across North America and beyond. Every assignment managed by our firm includes the involvement of a principal, experienced in helping clients build high performance management teams. With contacts on all levels of the organizational chart, from the senior management or "C" level, to field sales representatives and account executives, we have a database of over 5,000 professionals who are either currently or formerly employed in the directory industry. By focusing strictly on one industry, there isn't a search outside of our comfort zone. We are able to execute most projects within 2-3 weeks from inception. Some examples of successfully completed searches include:
With a commitment to the Yellow Page industry, our specialization enables us to maintain a 95% completion rate for all engaged projects we undertake. Please feel free to contact us at: Robert Hawthorne - 910-798-1800 Jenny Ciappa - 973-220-7272 Ken Clark - 919-557-7502 Published on: 02/19/2009 |
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