Column
Wednesday, October
31,
2001 |
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Accounting Action Personnel Author:
Cheryl Bieke, Vice President In
business since 1983 We
at Accounting Action Personnel have always believed in not over pricing
our product and running specials when times in the economic structure
are depressed to assist others in the business world control cost, but
still keep the cycles running until the economy picks up. We
in the placement business have seen this down trend coming for quite
some time now, but the events of September 11, 2001 did have a play in
speeding up the slowdown of the economy.
I base this information in this article on the hiring trends of
employers over the last 15 years of my experience in this business.
When the economy is booming I see more employers paying placement
fees to hire and now that times are depressed in the economy employers
are hiring more on a “temporary to hire” basis in order to try the
person out on the agencies payroll before committing to the paperwork
and liability of a permanent employee.
This also gives the company an installment plan on payment and
save the cost of advertisement and liability of unemployment claim if
the applicant doesn’t work out for some reason. It
has been an employees market for the last several years and salary
ranges have been at an all time high.
In 2001 we have had a slowing trend, which have turned the
tables. It is now an
employers market and the salary ranges are starting to fall somewhat.
Those searching for employment need to have that flexibility in
their salary range or expect to be in a job search mode for much longer
than they had anticipated.
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