The labor recession is over. During the course of the recession, almost 500,000 IT positions were lost according to publicly collected data and anecdotal information suggests even more. According top a recent poll, American business will add over 200000 new IT jobs in 2005. Your staff will probably be scanning job boards to see their value and blocking access is useless; they'll only do it at home.
So now that companies are hiring again, where are they going to find their staff of educated experienced professionals?
In most labor recessions, the group most affected by staff reductions is that of older, more experienced workers. These individuals have often accepted managerial positions that are less in demand as firms do fewer new projects and are often maintaining existing systems. Yet, initial demand during a recovery is for staff level professionals who are involved with execution, rather than managing. Thus the most affected group is the one least sought after when the recovery comes-unless they have used this time to revitalize their core technical skills and reposition themselves as staff, rather than management.
The other impact of a labor recession is that fewer young people are focusing on technology as their potential profession resulting in fewer people entering the labor force.
So your company has funded projects that need skilled staff. Where can you turn to?
1. Underutilized internal staff. Are there people on your staff who are high performers in their current role who could be trained for lower level staff positions on the project? These people may have an understanding of your business and industry that will provide subtle value on the project. Training them will help to retain them, keeping them from being picked off by other firms (Oh did I mention, that your staff is going to be poached again by other firms with labor shortages, offered salaries that you may fund shocking).
2. Consider hiring people who can be employed through TN visas. TN visas are one year automatically renewable visas that were created under NAFTA. Often, these employees will work for less than US workers. It requires an offer letter crafted in a particular manner and a check for $50.
3. Work with search firms again. You don't have the time to speak with every person who emails a resume to you, especially people who flip resumes to every job posting like burgers at a fast food restaurant. Using search firms or employment agencies to assist with hiring will help with your time management. Interview them like you would a new employee. Once you accept them, provide them with useful screening questions in order to serve you. It is not enough to say, "I want a J2EE developer with two years of experience." Tell them what the person should have done within those two years. Give them a questionnaire to administer pre-referral.
4. Hire people who have H1B visas. You can pay for these people as consultants where you will be charged more or you can pay for them as employees. Hiring someone with an H1B requires their completing a form on their first day of work that allows you to transfer the visa to your firm. Yes, you will help to sponsor them for their green card and that will cost money. They will pay for it with slightly lower wages and hard work. Getting someone who is early in their visa will allow you access to an employee for several years.
In 2005 and beyond, as the labor market picks up steam, you will need to be creative to attract and retain staff from your competitors. Fair wages and benefits will be one element that will help; training will be another. Yet whether you will even be able to find someone when you need them will be most important of all.
Jeff Altman has successfully assisted many corporations identify technology management leaders and staff since 1971. Jeff has his Master's degree from Fordham University and post-graduate training at the Institute of Modern Psychoanalysis (IMP), where he developed an expertise in organizational development that makes him uniquely qualified to evaluate a potential employee for their "fit" into an organization.
To contact Jeff about a search, email him at jeffaltman@cisny.com. Other articles by Jeff Altman about hiring and job hunting appear at http://www.newyorkmetrotechnologyjobs.com
![]() |
|
![]() |
|
![]() |
|
![]() |
How can you find writing jobs? Do you have proven... Read More
Despite the President's encouraging words, the job market is still... Read More
Ask survivors of the most popular reality television shows and... Read More
Hi, I am Mr. Employer.Even though you think I can... Read More
The phrase "reinventing yourself" seems to be popping up all... Read More
When you're looking for work, some of your expenses will... Read More
While traveling in northern California last October, I happened... Read More
Common sense appears to be a rare commodity these days.... Read More
Being a current job seeker can be quite a challenging... Read More
There is little doubt that Americans still have a deep... Read More
She stretches in the break room for 30 minutes before... Read More
When we ordered the stained glass window as... Read More
A powerful resume starts with a good statement of objective.... Read More
The thought of writing a resume intimidates... Read More
Chances are if you're reading this you've thought about becoming... Read More
Have you learnt a new skill or improved upon your... Read More
Competency based interviews are intended to get the best from... Read More
These days, interviews don't come easily. When you get The... Read More
That "B" word---B O R E D O M.How did... Read More
Fluffy clouds. Chirping birds. Green trees. Colorful flowers. It's springtime!... Read More
Once a new job has been accepted, you need to... Read More
Our lives are tranquil and smooth so seldom, it seems.... Read More
You are just about to leave university You are just... Read More
The question confronting most people who want to find a... Read More
It's no secret that there is a lot of competition... Read More
Success is not always something you necessarily find when you... Read More
I've watched a few episodes of Nanny 911 and with... Read More
In a recent survey of over 662 career seekers, some... Read More
Core value investing in your careerMany people walk through their... Read More
Careers dictate resume formatDifferent careers use different forms of resumes.... Read More
Today's employers scramble for creative ways to advise employees of... Read More
Two weeks ago, I received a newsy email from a... Read More
Every great resume deserves a great cover letter.A cover letter... Read More
I have had more than my amount of trouble in... Read More
In today's marketplace things are constantly changing and so are... Read More
The US Army Corp of Engineers and numerous private companies... Read More
Many physicians are unsure of what tasks are appropriate to... Read More
Every day millions of people let their inner fears stop... Read More
You've been a model employee: responsible, industrious, creative and productive.... Read More
A problem most freelance translators are facing with is how... Read More
So that you can decide just how critical your job... Read More
Peter Humleker had it made. As the general manager of... Read More
The only way to find a new career is to... Read More
Many people can easily write a resume in just a... Read More
Congratulations! You've finally landed that job interview you've been waiting... Read More
Have you ever tried to contact a past employer only... Read More
The perfect resume presents hiring managers with a... Read More
5 tips to win over an executive head hunter or... Read More
"I have lived in this city all my life. My... Read More
I'll define what I mean by these terms. "The Controller"... Read More
When you hear the word "networking", what comes to your... Read More
Suppose you were the hiring manager, your desk piled high... Read More
Steve's a pretty regular guy ? wife, 4 kids in... Read More
I am in my mid-thirties, and, as you can imagine,... Read More
There are lots of free resume examples (or free resume... Read More
You've heard the... Read More
Dr. Denis Waitley, trainer of leaders, including Super Bowl and... Read More
Without doubt, job loss through downsizing or redundancy, is a... Read More
You have obtained an interview -- congratulations! You feel prepared... Read More
Here's a list of the top 10 tips you can... Read More
These days, interviews don't come easily. When you get The... Read More
The US Government has just released last month's job creation... Read More
I coined this word to draw attention to the nervous... Read More
You've heard the real estate cliché: the three factors that... Read More
Planning and preparing before you begin to send out resumes... Read More
In today's unpredictable economy, the idea of job security with... Read More
Careers, Jobs & Employment |