Recruiting Market Report - SEPTEMBER 2024

​Find out what we are hearing from candidates and clients and get our predictions for the future of the hiring market in the September 2024 edition of The ASP Team Market Report:

Quinn Finnigan - Recruiting Services Leader

Joss Stokke - Recruiting Practice Leader

What are we hearing from candidates?
"How is the market?" We’ve been getting this question a lot from candidates lately. It seems that they are not seeing as many opportunities and feel the market has turned somewhat. As a result, they are staying put in their current roles. This past Tuesday, October 1, the Bureau of Labor Statistics showed the quit rate ticked down to 1.9% from 2% in July and is at its lowest point since June 2020. Because it’s not as much of a candidates’ market, some employers are taking the opportunity to ask workers to return to 100% on-site work. Earlier this month, Amazon announced it will require corporate employees to be in the office five days a week starting January 2, 2025. It will be interesting to see if more companies follow in Amazon’s footsteps or remain open to hybrid and remote work options. We continue to talk to many candidates in the market and most prefer not to be 100% on site. They are being more particular and really waiting for the right opportunity. 

What are we hearing from clients?
"Let’s get this hire done!" This month we had a surprising number of clients who were well organized and followed our recommendation to have a streamlined, efficient interviewing process. As a result, there were many placements. It seems after experiencing the shortage of accounting/finance professionals for a few years now and losing out on their lead candidate prospects, employers are being more agile in their hiring process.

What am I feeling about the hiring market?
Fairly optimistic – The fed cut interest rates by 50 basis points. However, we have not seen a marked increase new roles we are working yet. Maybe that will occur next month as the Fed may do another 50 basis points cut. It could be that employers are uneasy about what’s happening in the Middle East as well as the upcoming presidential elections. Although most economist are no longer expecting a recession, the experts are not shouting we’ve stuck the landing quite yet. Inflation is decreasing and perhaps they are waiting to continue seeing that trend.

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ASP Hiring Statistics - 2024
37 - Days to Place (avg.)
$155,303 - Avg. Placed Controller Salary
33% - Percent of Diversity Hires
95% - Percent of time we get interviews for our clients

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Recent Placements
Director of Finance - Nonprofit - Portland 
Senior Accountant - Manufacturing - Shelton, WA
Accounting Manager - Food & Beverage - Seattle

View Our Current Openings

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Top Candidates
Take a look at some examples of accounting and finance candidates we are working with currently.

View Our Top Candidates

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Hiring Smarter with The ASP Team
Check out the latest episode of our accounting and finance recruiting podcast!

Episode 6 - Lessons from the Trenches