Money in the bank

According to a 50,000 employee survey taken in 65 organizations, 60% are dissatisfied with their pay... so it’s not just you and me!J

52% of recently surveyed employers are more concerned now, than before the recession, about retaining their top performers. (They must have heard that recruiters are lurking close by!).

There were 3,295,000 on-line advertized vacancies in July.

With so many people unemployed, you would wonder if a fix may be in sight, or are most of those positions unfillable because the talent base is just not there?

90% of the private economists believe the economic downturn should end in this year’s 3rd quarter.





Harvey Dorland

Pacific Recruiting

Money in the bank

9.5 million retirees are considering returning to work at least part-time, and 32% of our currently employed workers expect to delay retirement.



Speaking about work... the majority (85%) of employers say they plan to maintain their current staff levels through the 3rd quarter (5% expect to add staff and 8% make reductions).



Pretty interesting:

If you save just $400/month from age 25 to 34 and it grows 7% you’ll have $602k at age 65.

If you delay your start to age 35 but save for 30 years (instead of the above 10), you’ll only have $528k, even though you’ve saved $100k more.

So... the benefits of compounding are enormous.

Look Before You Leap at a New Job

Recently I’ve found The Wall Street Journal’s “Personal Finance” and “Careers” sections to be spot on with its reporting of the employment market. Articles over the past 6-8 weeks demonstrate the barrage of information candidates receive about the economy, unemployment, and the timing of a job search. Consider the article, “Look Before You Leap at a New Job,” from June 21, 2009. The author stresses patience and thoughtfulness which isn’t always easy for people feeling the pressure of unemployment in an ultra-competitive job market.

For more information on the article you can visit the link below: http://online.wsj.com/article/SB124553626537334617.html





Scot Dickerson, CPC

President

Capstone Search Group

Phone: (515)-987-0242 Ext. 18