Northeast US

Clean energy jobs on the rise in Vermont

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Vermont Clean EnergyVermont’s clean energy sector has been experiencing notable growth recently, and this upward trend is expected to continue.

The Vermont Digger reported that employment in this field expanded by 6.2 percent between the first quarter of 2014 and the same period this year. Within the state’s renewable energy industry, about 75 percent of positions belong to the solar energy field. This subsector expanded by nearly 22 percent in the past 12 months, the source explained.

The Burlington Free Press reported that Vermont is currently leading the U.S. in clean energy jobs per capita. The state appears to be committed to retaining this top spot, as the creation of another 1,000 clean-energy-related jobs is projected for the next six to 12 months. This anticipated growth will increase the industry’s workforce by another 6 percent. A large portion of these jobs will come from small businesses, as roughly 2,500 renewable energy organizations in Vermont operate with fewer than 10 employees.

According to the news source, Vermont recently put an end to solar incentives that were influential in expanding the industry. While some speculate that this will hinder the sector’s predicted growth, many local leaders believe the opposite to be true. Officials from the state’s Public Service Department are confident that the popularity of solar power will continue to grow without extra motivation due to its efficiency.

Biotechnology, Life Sciences, Manufacturing, Monthly BLS Report, Quality Assurance, US News

Life Science Market As Hot as the Late Summer Weather

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All across the country as we enter the Labor Day Holiday, most of the US is experiencing a heat wave. The same came be said about the Life Science job market right now; despite the continued wave of mergers and acquisitions, the employment picture for the life science sector remains red hot.

Consider these facts: First, the recent August 2015 jobs report from the Department of Labor states that unemployment now hovers at 5.1 percent — the lowest amount recorded in the past seven years. This figure indicates a tightening labor market for both degreed and non-degreed candidates. Given the fact that most life science positions require a degree, and the most economists consider 5% full employment, with a 5.1% overall unemployment rate we can safely surmise that the US is already at and likely well below full employment in the sector. Second, venture capital flows, the growth engine of the life sciences, rose to an all time high in Q2 to $2.1 Billion dollars and $3.8 Billion in the first half of the year according the National Venture Capital Association. With all that free flowing money funding new companies and technologies, jobs are bound to increase.

What does this all mean for your company? With a very tight labor market and more demand for life science professionals stimulated by record venture capital spending, there are simply more jobs than there are candidates to fill them right now. To combat this in the short term, creating a more efficient hiring process can allow you to make offers to the candidates that you want to before the competition. A more long term approach would be to make your organization’s environment one to be emulated as of one of the best places to work in your geography. That takes time, but it will pay dividends: your organization will be the company that everyone wants to work for which will allow you to attain and retain top talent thus thriving in a candidate-driven marketplace that shows no signs of slowing down.

Accounting, Financial Services, Manufacturing, Placement Annoucements

Krissy Whitaker & TRG Accounting and Finance Complete Successful Search

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(Norfolk, VA) September 4, 2015 – Krissy Whitaker and the Accounting & Finance Search Division are pleased to announce the successful conclusion of our recent search for a Senior Financial Analyst.  This search was conducted for an industry leading global manufacturer located in the Tidewater area of Virginia.

Our search was unique and required “out of the box” thinking to best identify a candidate with both the technical expertise and hands on experience working in a manufacturing environment.  A superior understanding of all process flows within a plant, operation, or business was also a pivotal requirement for success in this role. 

The new Senior Financial Analyst has impressive accomplishments in the manufacturing industry relative to coordinating and overseeing standard costing processes.  Her career long involvement will prove to be an essential component for process improvement and improved production efficiencies.   She will become an integral player in the growth and prosperity of the team and the overall future success of the organization. 

Should you desire additional information about this successful search or about our firm, please contact Krissy Whitaker, Director of the Accounting & Finance Division at 804-285-2071 or email Krissy at krissy@richgroupusa.com. 

Banking, Financial Services, Lending Services

Hiring Beyond the Qualifications

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In just four short weeks, we’ll be moving into the last calendar quarter of 2015.  It’s a time for reflection on the year, but also a time of preparation for 2016 — setting a new budget and, often, beginning to hire so that new employees are ramped up by the beginning of the year.

With this chance to expand your team, it’s very important to make sure you have goals for each individual hire beyond the mere qualifications.  There are many folks in every organization that can technically do the job.  The question has to be: beyond being able to technically do the job, what does this person need to have to be successful on your team?

Knowing the anwer to this question before you even start the interviewing process is critical in spending your time efficiently, but it also cuts down on the number of mishires made per year.  How much further would you be this year if you had little or no attrition within a team that is firing on all cylinders?

When coming up with good candidates and what you need to know in order to make the most effective hires for 2016, we welcome the opportunity to help.

We wish you a great start to the fourth quarter!

Accounting, Biotechnology, Central US, Chemical, Computers, Construction, Contract Staffing, Engineering, Food & Beverage, Green Tech, Healthcare Services, Heavy Equipment, International News, Life Sciences, Manufacturing, Marketing, Midwest US, Mining, North America, Northeast US, Pacific US, Plastics, Quality Assurance, Sales & Marketing, Software, Southeast US, Southwest US, Transportation, US News

The Talent Gap Widens

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Even with the recent fluctuations in Chinese and European economies, US Manufacturers are still seeing growth throughout most segments, and economists expect that trend to continue.  More and more manufacturing executives are concerned about attracting, training, and retaining talent to drive innovation and growth agendas in their organizations.

A Gallup study projected that US manufacturers will add nearly 3.4 million jobs in the next decade to meet both future domestic and international demand.  They took into account the 700,000 additional workers over this 10-year period to meet forecasted demand, and the 2.7 million jobs (22% of existing workforce) would be created due to the number of workers who will retire from the manufacturing workforce between 2015 and 2025.  The manufacturing executives they surveyed said that around 60% of their current open positions are unfilled due to lack of skilled workers, engineers, and experienced managers, which further heightens the fear of long-term skills gaps.

Bruce Peacock
Vice President of Business Development
The Richmond Group USA

Healthcare Services, US News

Healthcare industry dominates highest-paying jobs list

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Healthcare IndustryIt is no secret that the medical industry offers professionals competitive compensation, but a recent study from Career Cast revealed just how lucrative the health care sector can be. The employment research firm’s annual “Highest Paying Jobs” list was dominated by medical positions for 2015, with five of the top nine spaces going to this evolving, dynamic industry.

Surgery trade boasts high median salary
Topping the list was surgeon, a position that rakes in a median salary of $352,220 per year. CBS News explained that surgeons make about $300,000 more than the national median household income, with the potential to make far more depending on their areas of expertise. For example, surgical professionals that focus on neurological issues typically make over $500,000 during their first year of work post-residency. Notably, however, surgeons acquire high rates of debt, as most medical students graduate owing around $170,000, reported the source.

Psychiatrists earned second place, earning a median annual salary of nearly $182,000. The study noted that while many of these mental health professionals practice in typical office settings, higher numbers are choosing to work in non-traditional outpatient care centers, which could provide some flexibility in terms of earning potential. CBS reported that in addition to competitive wages, psychiatrists tend to report  feeling emotionally rewarded through their roles as well.

Physicians working in general practices rounded out the top three, making a median income of just over $180,000 per year. Although this position currently has a potential growth rate of 18 percent, the study explained that this will likely increase as more Americans gain access to health insurance. The Patient Protection and Affordable Care Act will likely drive up demand for primary care physicians, which will increase earning potential and professional development opportunities.

Dental positions offer competitive wages
Other healthcare-related positions named by Career Cast include dentists, who make median salaries of over $146,000. However, high wages are paired with high rates of stress and a competitive job market for this position, noted CBS. Orthodontist took the No. 7 spot, raking in just under $130,000 as their median annual income. The source explained that this position requires almost a decade of training, however, which can cause people to accumulate large amounts of debt.

Outside of the healthcare field, some jobs that topped Career Cast’s list were air traffic controllers, data scientists, petroleum engineers and corporate executives. All these positions had median annual salaries of between $120,000 and $175,000.

– See more at: http://mrinetwork.com/resources/article-archive/articles/healthcare-industry-dominates-highest-paying-jobs-list/#sthash.tKElHyRE.dpuf