IT and Technical Job Market Trends for 2012
Meanwhile, now the applicants who are heading for a job search or have already participated in a job search over the past year, during that period they expected that it would take nearly 6 months to complete the job search process. However, it would succumb a pay or total compensation package increase of about 13 percent. During 2011, there weren’t any apparent “breakthroughs” as the six month time frame is steady with the results over the past several years. This proves that the majority of job seekers understood about the job market in 2011.
Low turnover is expected by 70 percent of the executives for the rest of this year. This statistics can be divided in two ways, firstly, that individuals see this figure as a favorable sign, that especially the unemployment prevailing in the economy and the job market have stabilized. So, they shouldn't expect to see major layoffs or large-scale downsizing initiatives across the board--although some are going to occur in spite of how high or low the market proceeds. Unless the economy takes a major turn for the worse there is a bit need to do employment cutting in 2012.
According to Van Vreede, little or low turnover can prove how weak the economy and the job market actually is. People are more self – confident in the job search when the economy is strong as they enthusiastically hire resume writers to reach new heights and bag their dream job. When economy and the job market do not seem strong human nature is to squat as people do not opt for a job switch and are more satisfied in their own respective jobs during this time. Van Vreede, advices to be strong and play it safe in the job market.