Hiring Trends 2011 and How to Create Demand for your Talent
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Hiring Trends 2011 &How to Create Demand for your Talent
Lynn HazanPresident, Lynn Hazan & Associates, Inc.Executive Search Firm for Recruitment in Marketing and [email protected]
April 11, 2011
© 2011 Lynn Hazan & Associates, Inc.
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Patterns of Behavior
Candidates behave in certain mannerCompanies behave in certain manner
Recognize patterns, make them work for you= Competitive Advantage
We seek consistency“A” candidates only
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Recognize Trends & Have Them Work for You
OrganicsWhole Foods
Global WarmingAl Gore
Environment Green Peace
Fair TradeStarbucks
Workers’ RightsNike
Fringe
Center/Mainstream
Humane Treatment of Animals
PETA
© 2011 Lynn Hazan & Associates, Inc.
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Top 5 Growing Industries Hiring Today AOL.COM 2010
Media
Hospitality
Retail
Real Estate
Education
© 2011 Lynn Hazan & Associates, Inc.
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Top Trends of the Past Decade
June 14, 2010B-to-B Magazine
Kate Maddox© 2011 Lynn Hazan & Associates, Inc.
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Rise of the CMO
© 2011 Lynn Hazan & Associates, Inc.
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Budgets Shift to Online Media
© 2011 Lynn Hazan & Associates, Inc.
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Data-driven Marketing
© 2011 Lynn Hazan & Associates, Inc.
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New, Improved Metrics
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Dominance of Search
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Explosion of Social Media
© 2011 Lynn Hazan & Associates, Inc.
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Online Video Takes Off
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Evolution of Events
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Green Marketing
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Where the Green Jobs Will Be
5.3 mil jobs in ‘06 to grow to 6.9 mil jobs by ‘20 in environmental management and protection (Management Information Services Inc., 2006)
22 sectors w/green-collar opportunities
• Food Production• Manufacturing• Auto Repair
Infrastructure/Public Works
© 2011 Lynn Hazan & Associates, Inc.
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Globalization
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U.S. and Global EconomyInternational Monetary Fund - www.imf.org (Stats compiled before recession)
2007 = U.S. made up 21% of global economic growth By 2011, anticipate the U.S. to decrease to 15%
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Tech Growth - 2011 & Beyond
Biotechnology Disruptive technology Energy innovations Clean tech Mobile devices- e.g.. smart devices, video 4GS, apps, IPAD 2 Payoff from R&D
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Healthcare
Since 1990s :Lost 1.1 million jobs in IGained 1.7 million jobs in
Healthcare
U.S. spends more/capita than any other country
Expectation $4 trillion by 2015 or 20% of GDP
Focus on disease care, not HC
U.S. ranked last of 19 industrialized countries in providing timely and effective healthcare to its citizens1
1Measuring the Health of Nations: Updating an Earlier Analysis, London School of Hygiene and Tropical Medicine, 2008
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Growing Industries Hiring Today
Health Care Pop. 65+ increases to 46.4 mil. by 2016
vs. ~40.6 mil in 2010 (Source NIA) U.S. spends 16% of GDP. To add 4 mil. jobs through 2016.
Accounting Companies cut costs. Closer watch on funds.
Bureau of Labor Statistics-FNC Imag, Friday October 16, 2009
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B.R.I.C.Jim O’Neill Mging Dir of Global Economic Research, Goldman Sachs
What is B.R.I.C.?
Rising Forces in the Economy
http://www2.goldmansachs.com/ideas/brics/index.html
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Good News!
3.9% global growth for 2011 Q1- (IMF Forecast) Source: abforex.ru
Strong performances from China, India, Africa, and Latin America. Brazil’s 2010 growth rate: 7.5%. 2011: 5.5% (Source: Bloomberg)
Exports US: up 17% in the beginning of 2010.
-Developing nations: 14.5% Developed: 4.5%
Asia: Immense markets grow from nothing.
© 2011 Lynn Hazan & Associates, Inc.
Newsweek
On Our Own
Daniel Gross
July 19, 2010
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Hiring Timeline:
A Kiss Perspective from LH&A
2001• 9/11
• Dotcom meltdown
2005• Hiring picks up
• 3-5 years
2006• HOT
• Exec level
• Marketing + Communications
• Housing-related
• Not for Profit
• Industrial Products
2007• Started strong
• Fickle
• Q4
• Freelance up 32%
2008• Fussy Client Syndrome
• Candidates turned down jobs
• Recession
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2008• Fussy Client Syndrome
• Candidates turned down jobs
• Recession
•Recession deepens
•Departments cut
•Junior/less expensive talent in demand
2009 2010•2010 employees fatigue from 2-3x work load
•Hiring picks up
•Lower salaries
(10-20% less)
2011•Accelerated hiring
•Candidate shortage
•Leadership gap
Hiring Timeline:
A Kiss Perspective from LH&A
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3 years 5 years 7 years 8 years 10 years
Client Sweet Spots:
Candidate Profiles
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Hiring Trend Report 2011
© 2011 Lynn Hazan & Associates, Inc.
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Upbeat Areas of Economic Activity
Healthcare hiring increases.
Primary areas:
Preventative careElectronic medical recordsProfessional associations Direct service providersContinuing educationGeriatric services
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Incentives for Healthy Lifestyles
Healthy employees= lower healthcare costs.
Companies reward healthy lifestyles. E.g. Gym memberships, points,
etc. Personal trainers, nutritionists
and alternative medicine.© 2011 Lynn Hazan & Associates, Inc.
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Agencies in Hiring Mode
Adv and PR budgets increase. Clients allocate marketing dollars to programs.
Increased hiring for talent with experience in… Social media, digital, and new
ways to actively engage with customers.
24% of employers plan to hire full-time employees in 2011, up from 20 percent in 2010 and 14 percent in 2009.
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Expanding Mobile Technology
2010- iPad, Android, and smartphone apps’ success stories.
New services help businesses to be mobile and run more efficiently.
Technology thrives on innovation. Mobile technology will come into its own in 2011.
© 2011 Lynn Hazan & Associates, Inc.
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HELP! I lost my iphone"Find My iPhone”
App Locates and Remotely Locks Your Device; MobileMe Mail Updates
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Who’s In Demand?
Generation Xers : Digital natives, less
expensive, and already embedded within corporate America.
In Demand
Hiring escalates for candidates with 1-3, 3-5, 5-7 years of experience.
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Generational DifferencesMeyer, Ann. “Closing the Gaps Between the Ages.” Chicago Tribune, 21 July 2008
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Population by Generation 2005 U.S. Census
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Boomers in the Workforce
60 is the new 40
Anticipated brain drain
Delay retirement
Re-invent work after retirement
Consulting/freelancing
Healthcare = best field for workers 50+
AARP-Best Employers past 50 list© 2011 Lynn Hazan & Associates, Inc.
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Reinvent Yourself Professionally
Successful Boomers create demand for talent and start their own businesses.
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Have you Considered a Micro-enterprise?
Micro-enterprises create 850,000 jobs/yr nationally
Growth outpaces overall economy
Companies turn to nonprofits for loans & business coaching to maximize bottom line.
Chicago loan groups:
1. Community Development2. Duman Microenterprise Center3. ACCION Chicago4. Chicago Community Ventures5. Industrial council of Nearwest Chicago’s Small Business Development Center
(Chicago Tribune, Business, November 2, 2010)
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Changing U.S. Demographics
US Census-2010 Ethnic markets rise
Hispanic American 2.35 million American Muslims Language Training - Chinese, Arabic Women Aging Population Disabled community surpasses Hispanic by 5% Hispanic Americans 35 million Asian Americans 15.5 million (~5%)
© 2011 Lynn Hazan & Associates, Inc.
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Welcome to the New Era Work Cooperation
Multi-Generational- Must work together in real time and virtual.
Technology enhanced
Reverse mentoring
© 2011 Lynn Hazan & Associates, Inc.
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Welcome to the New Workplace
Entire staff not always in the office at same time.
Employers more flexible; adapt to changing employee needs.
Companies offer flex-time, work from home options, and/or alternative tracks for career advancement.
© 2011 Lynn Hazan & Associates, Inc.
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The Importance of Continuing Education
A must have in a competitive market
Best Candidates reinvent themselves, stay educated, and up-to-date on new technology. Eg: Search Engine Marketing (SEM)
© 2011 Lynn Hazan & Associates, Inc.
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War on Talent:
Employers ARE HIRING!
Hiring managers need to adjust behavior: Top tier candidates being courted- getting multiple offers.
Intense competition for talent
Speed is important
© 2011 Lynn Hazan & Associates, Inc.
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2010 Filled Jobs
1. Sales Rep- Online Video Prodn Co.2. VP- Ad agency-B2B,green, Bldg materials, Digital3. Marketing Assis- HC prof assn.4. Dir of Communications- Exec Recruiter-HC5. Free Lance Designer-Tool co.6. Acct. Director-PR- Ad agency-B2B7. Virtual FL PR Writer-Tech PR agency8. Internal Communications Director
© 2011 Lynn Hazan & Associates, Inc.
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What cities are HOT:
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Current Needs: B2B Marketing
Senior Manager, Marcom (B2B)– Chicago suburbs
Marketing Manager- (B2B) Chicago suburbs
Marketing Manager (B2B)- Dallas, TX
Marketing Director (B2B)- Sunnyvale, CA
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Current Needs: PR
PR- Head of Office (Financial Services) – Chicago
Freelance PR- Chicago
PR Associate (Corporate/Issues)– Chicago
Account Director Sports (PR agency)- Chicago
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Current Needs: Advertising Jobs
SEM Account Director (Advertising) – Sunnyvale, CA
SEM Senior Account Manager (Advertising) – New York
Project Manager (Advertising) – Chicago –Higher Ed.
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Current Needs: Corporate CMN
Communications Specialist (Corporate)- Chicago, IL
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Web 2.0 Shift in Content
© 2011 Lynn Hazan & Associates, Inc.
Professional pubs Newspapers Trade magazines Business pubs Reference books Professional Associations
Blogs RSS Feeds Youtube Google Wikis Online Communities eg.
Linkedin, Facebook
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Clients seek 21st Century Skills
• Creativity & Innovation• Critical Thinking & Problem
Solving• Communication &
Collaboration• Productivity & Accountability• Leadership & Responsibility
• Technology Literacy• Flexibility & Adaptability• Initiative & Self Direction• Social & Cross Cultural Skills• Information Literacy• Social Media Literacy
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Must Have Skills for LH&A Candidates
• Writing• Analytic/Quantitative• Social Media & digital skills • Collaborative work styles• Industry specific experience• Strategy and Tactics
• Biz dev• Managing Clients,
Supervisory Skills• Foreign Language Skills• Do more with less!
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What Candidates are Seeking in Employers
Stability Engagement Learn Tech Community Feel appreciated Let them teach Opportunity to use social media
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Re-Define Yourself in a Changing World
• Who are you?• What do you want to do?• Strengths & core competencies• Reinvent yourself, your skills
• Job Description vs: Resume
© 2011 Lynn Hazan & Associates, Inc.
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What is your UPS?
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“It’s using unconventional ways to gain conventional goals.”
Thinking Outside the Box
© 2011 Lynn Hazan & Associates, Inc.
-- Jay Conrad Levinson, credited as the father of guerrilla marketing
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Subject Matter Expert
• e-zine
• SlideShare.net
• Power of the Podium
• Speaking engagements
• Webinars
• eBook
• Have you Googled yourself today?
• Recycle content--different formats
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Marketing Yourself
• Nonprofit/Pro Bono project
• Always market yourself
• Innovation--What new services can you offer?
• Position yourself as the leader
• Positive News
© 2011 Lynn Hazan & Associates, Inc.
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How to get yourself on the “A-List”
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Create Content on
SlideShare
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An endorsement
from SlideShare
After posting presentation
LH&A featured on SlideShare’s Career front page:
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Post a Slidecast
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Trend Blogs/Resources
• Trendwatching.com• Futurist: David Houle’s blog for hot tips:
• Evolutionshift.com• Marketingcharts.com• McKinsey Global Institute Publications• Did you Know 2.0?
• (on YouTube)
© 2011 Lynn Hazan & Associates, Inc.
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A Wise Man Once Said…
"It had long since come to my attention that people of accomplishment rarely sat back and let things happen to them. They went out and happened to things."
--Leonardo Da Vinci
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Empowered Job-seeker
Empower Job-seeker is a 1-to-1 consultation program with Lynn Hazan, a 26-year veteran of the recruiting business.
Lynn helps candidates reposition themselves for a changing job market through: Resume development Interview coaching Networking Job search assistance Negotiating strategy LinkedIn access
For details, contact [email protected] © 2011 Lynn Hazan & Associates, Inc.
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© 2011 Lynn Hazan & Associates, Inc.
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