Accounting, Manufacturing, Monthly BLS Report, US News

The Candidate Driven Market

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We are in a candidate driven market and executing smooth hiring processes is critical for companies to secure top talent. In the accounting and finance field, we are seeing the start of retirements for senior level executives. Many of these professionals have been in their roles for quite some and the impact of their departure on an organization will be significant.

Right now, companies are looking to build their bench strength with the next generation of financial leadership. Sounds easy, but in fact many organizations are struggling to identify and hire top talent.  We are seeing more offers that fall apart at the end because candidates have options. We are in a new era, where candidates rarely stay in one role for ten, twenty or thirty years like their predecessors.

So, there is a significant challenge for organizations to fill “some pretty big shoes” with professionals who will most likely have a shorter tenure. For companies to be successful in this competitive environment, the quality of the hiring practice must be a time sensitive and concise process.

Green Tech

US industries expand green employment opportunities

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At this point, nearly every aspect of American life has somehow been impacted by environmental movements, and employment is included. With more and more companies jumping on the go-green bandwagon, eco-friendly job opportunities are becoming increasingly abundant.

In general, industries across the country have come to embrace environmentally mindful practices in some capacity. As a result, nearly 15,000 green jobs were added over the course of the third quarter, according to an Environmental Entrepreneurs’ report. This significant expansion in available green positions was due to 80 projects prompting businesses to hire employees for this kind of work in almost two-thirds of the U.S. The main fields that are spurring on this creation of employment opportunities deal with the development and use of clean transportation and energy.

Among the thirty states nationwide that are contributing to this growing green employment trend, New York appears to be one of the most notable. WAER reported that a number of environmentally friendly jobs have been added throughout the state of New York, from photovoltaics positions in Rochester to recycling posts in New York City. Most recently, Yonkers announced that it will be employing 1500 individuals to complete a project for Kawasaki Rail, which plans to manufacture green train cars to decrease carbon emissions.

Uncategorized

November was another good month for US Manufacturing

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November was another good month for US Manufacturing, and US economy as a whole.  Recent data shows the US economy shrugged off the effects of the Government shut down in October and added over 200,000 jobs in November.  The Institute for Supply Management (ISM) manufacturing index for November showed that the manufacturing sector expanded in November for the sixth consecutive month.  The ISM has reported that the overall economy has grown every month for the last 4 ½ years.  Manufacturers added 27,000 positions in November, which is the most since March 2012.  Construction firms added 17,000 new jobs in November, too.  The two industries have accounted for a combined 113,000 jobs in the past four months.  Job growth has a dominant influence over much of the economy, and if hiring continues at its current pace we should continue to see positive results across the entire economy.  You would expect greater hiring could support healthier spending.  For instance, car sales for November were at their best pace in seven years, and new-home sales in October bounced back from a summer downturn.  2013 has been a good year, and things are looking good for the start of 2014 (even with the uncertainties of healthcare reform).

Retail & Wholesale

Restaurant job seekers in luck as recruiters work to fill vacancies

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As some Americans still face continuous issues when it comes to unemployment, others working in the restaurant industry may find that the odds are in their favor. Among job seekers who have it easy are those hoping to secure a position throughout the restaurant sector.

According to the Lexington Minuteman, there are a number of fields that are experiencing a so-called “skills gap.” Even though there are various vacancies in some industries, employers cannot find qualified candidates to fill them.

Untouched by this phenomenon is the restaurant business. This field has contributed to much of the nation’s economic growth since the recession. Not only has this portion of the market been creating jobs, but it has also been actually filling them with workers.

With that said, constant expansion may now be presenting some challenges to restaurant recruiters. The Nation’s Restaurant News reported that a recent People Report Workforce Index came in at 69.3, dipping from 69.9. This indicates that some of the pressure employers in this industry have felt in the past quarter is likely to persist until the year’s end. Because of the continuous creation of new jobs in this sector, HR personnel are going to have to work hard to place a rising number of prospects into positions.

Engineering, Manufacturing, Placement Annoucements, Plastics, Printing & Publishing, Quality Assurance

Bruce Peacock & TRG Manufacturing Complete Successful Corporate Electrical Project Engineer Search

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RICHMOND, November 25, 2013 – Bruce Peacock & The Manufacturing Search Team of The Richmond Group USA (TRG) are pleased to announce the successful conclusion of a Corporate Electrical Project Engineer search for a growing global process manufacturer.

This global company has several domestic and international manufacturing plants, and a longstanding commitment to ongoing capital investment. This is a great opportunity for a talented project oriented Electrical Engineer with strong controls engineering skills and demonstrated success installing different types of production equipment.  This highly visible position will be responsible for designing and implementing cost-effective equipment modifications to help improve production quality and throughput.  Finding an engineer with hands-on experience programming Siemens drives was a key part of our search. Working closely with the Corporate Director of Engineering and the Corporate Human Resources Manager, we took on the challenge to find an individual who had the technical skills and hands-on troubleshooting experience to make an immediate impact on their corporate engineering/maintenance team.

Due to specific qualifications this role required, a comprehensive national search was conducted to uncover and attract a pool of qualified candidates.

Should you desire additional information about this successful search or about our firm please contact Bruce Peacock & TRG Manufacturing division at 804-285-2071 or email Bruce at brucep@richgroupusa.com

Manufacturing

Increased use of packaging materials drives U.S. industry growth

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As American culture is becoming increasingly geared toward consumerism, the way in which products are presented to shoppers has become more complex. As more and more goods are sold in intricate boxing, the packaging industry is expanding.

Businesses have little choice but to package their merchandise. Boxes, bags and additional accessories are necessary to ensure products are kept sanitary and intact before making their way into the public’s hands.

Whether companies use regular or recycled materials to protect their goods, they are contributing to increased demand for packaging. For this reason, there are a number of companies expanding throughout this sector, which is generating new jobs.

WKEF-TV ABC 22 News reported that a packaging plant in Lewisburg, Ohio, has plans to extend its operations. Pratt Industries announced that it will be growing its operations, building upon its current Lewisburg Container facility. As a result, 140 local positions are expected to be created.

This is not the only company undergoing expansion. WTVR explained that Virginia is experiencing a great deal of growth within this sector as Dominion Packaging expands its business within the confines of the state’s borders. Making a $45 million investment, this company is transferring its headquarters to a new facility in Henrico County. At the same time, it will keep its current operations in South Richmond. This decision is expected to add 113 jobs to the Virginia employment market.