In Pursuit of Profit
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What are we hearing from candidates?
"It seems like the market is tightening a little.”
Candidates have indicated they aren’t seeing quite as many jobs, and the salaries of opportunities have started to flatten. It’s still a candidate’s market for sure, as finding qualified employees continues to be difficult with low unemployment. However, it seems to be easing just a bit. This could be because more candidates seem concerned about what is happening at their current companies and wonder if it might be wise to create a Plan B to be better prepared for a potential lay off.
What are we hearing from clients?
"We can wait - still."
The theme from last month continues as clients are more measured in their hiring. More of them appear to be using interim consultants while waiting for the right candidate. With unemployment in accounting so low, a lack of supply in general, and increased salaries, some companies are filling the gap with fractional or interim accounting help. This might be a viable temporary option; however, it is important to remember unicorns aren’t real. If you find a candidate with most of what you are looking for, they might be the one! In this market, it is important to keep in mind skills are transferable to different industries and to look for strong aptitude. This might require a little more of a lift for employers, but in the end it could be well worth it.
What am I feeling about the hiring market?
Unpopularity of 100% in office continues.
According to a new poll from Monster released November 6th, 41% of respondents said they would rather quit than return to in-office full time work. Over 77% of employees in the survey are working remotely or hybrid, and 63% of them cite the most popular benefit is not having to commute. A majority say their overall mental health and wellbeing is improved working from home and they have increased focus due to reduced social distractions. Additionally, 67% believe their growth opportunities are not limited by working remotely.
ASP Hiring Statistics - 2023
45 - Days to Place (avg.)
$155,169 - Avg. Placed Controller Salary
22% - Percent of Diversity Hires
87% - Percent of time we get interviews for our clients
Controller - Manufacturing - Kent
HR/Benefits Manager - Construction - Bellingham
Controller - Financial Services - Bellevue
Take a look at some examples of accounting and finance candidates we are working with currently.