Do It Yourself Recruiting

Filed under: Best Practices, Hiring Strategies, Recruiter / Recruiting, Redfish Speaks, Talent Acquisition

Do It Yourself Recruiting

Ryan Thomson

Ryan Thomson

By Ryan Thomson, Executive Recruiter

When helping new clients on their hiring priorities, I encounter a common thread that some think recruiting fees are costly and somehow easy to earn. Recruiting fees are typically a percentage of the first year’s salary, and yes, that can amount to a large figure when hiring executives and top performers. During a recent webinar on Closing Candidates in a Hot Market, an attendee asked “Why should I use a recruiter, they seem expensive for a job I can do on my own.” Read more »

Why We Need to Hire Fewer and Fewer People

Filed under: Employer, Hiring Strategies, Human Resources / Capital, Talent Retention

Why We Need to Hire Fewer and Fewer People

Dr. Ira S. Wolfe

Dr. Ira S. Wolfe

By Ira S Wolfe

With an election year approaching and unemployment still high, lots of lip service and media ink are being wasted on ways to fix the jobless recovery. What a crock of $#!%.

While it is unquestionably heart-breaking to see good, hard-working, well-intentioned people become victims of corporate greed and negligent governance, much of the responsibility for getting a job (and keeping it) should fall on the shoulders of the individual and that includes individual executives and business owners. Read more »

Happy Holidays from our team to yours!

Filed under: Candidate / Job Seeker, Employer, Human Resources / Capital, Recruiter / Recruiting, Redfish Speaks, Work-Life Balance

Happy Holidays from our team to yours!

Whether you will get merry at Christmas, illuminated at Hanukkah, or dec’d out for Kwanzaa, we hope you have a great yearend!

 

Redfish is celebrating a great 2011.

 

Rob Reeves

Rob Reeves, President, CEO – Redfish Technology

Amid the Noise and Haste of 2011, we’ve managed to stay the course we set and solidify our partnerships in both the Tech Sector and the Clean Tech Sector. Read more »

Staffing and Employment News

Filed under: Recruiting, Staffing & Employment News

Staffing and Employment News

Recruiting Forecast

Recruiters and hiring managers forecast modest job gains in early 2012, according to a national survey conducted by Dice Holdings Inc. released on November 28. In fact, almost half (47%) of hiring managers and recruiters surveyed said they plan additional hiring during the first half of the year. 43% of hiring professionals said that despite the economy, hiring plans have not changed; 21% are increasing hiring, and 30% are revising hiring plans downward.

“With so much uncertainty in the air when it comes to the economy and job creation, it’s a surprisingly positive sign that nearly half of respondents are optimistic about hiring at the start of 2012,” said Scot Melland, chairman, president and CEO of Dice Holdings. “Although modest in size, we’ve added private-sector jobs for 20 months now, and that modest job growth looks set to continue. We need to focus on removing any hurdles that impede companies from investing in America’s talent.” Read more »

The Mo Fish are bristling!

Filed under: High Tech / IT / Software

The Mo Fish are bristling!

Redfish Technology (the Mo Fish) supports the Movember mustache madness! 

Redfish Movember

The Mo Fish. Redfish is bristling for Movember

Clean Tech has never been so unshaven …

IT has never been itchier …

Hiring has never been so hirsute!

During November each year, Movember is responsible for the sprouting of moustaches on thousands of men’s faces, in the US and around the world. With their Mo’s, these men raise vital funds and awareness for men’s health, specifically prostate cancer and other cancers that affect men.

The Redfish Mo Bros and Mo Sistas got on board to help raise awareness for men’s health. Our office is bristling and hirsute for the month of Movember.

 

To learn more about Movember and Mens’ health issues, visit the Movember website.

 

To learn more about our awesome team of IT & Clean Tech executive search experts, visit the Redfish Technology site.

 

Staffing & Employment News from Redfish Technology

Filed under: Recruiter / Recruiting, Recruiting, Staffing & Employment News, Talent Acquisition

Staffing & Employment News

Gloom and confidence, contradictory predictions on hiring and profits

 

Gloomy employment report numbers a surprise

The Employment Report for June has been called “moribund” and “abysmal”. On the eve of the report however, ADP predicted month-to-month strength in private payroll data, estimating a 157,000 gain. Other analysts also predicted better gains, projecting 125,000 in June. Instead, the BLS reported private payrolls at 75,000 and overall nonfarm payrolls at 18,000 due to declines in government sector employment (39,000 in June, 48,000 in May).

Confidence down despite projected rise in profits

The Conference Board measure of CEO Confidence dipped in the second quarter to 55, after rising in Q1 to 67. Lynn Franco, Director of The Conference Board Consumer Research Center said: “CEO confidence cooled considerably in the second quarter, a reflection of a sluggish U.S. economy. Looking ahead, expectations are that this slow pace of economic growth will continue. Regarding the outlook for profits over the next 12 months, the news was a bit more favorable, with about 70 % of CEOs anticipating profit increases.”  Read more »

Tech Trends: Tech Talent Wars

Filed under: High Tech / IT / Software, Industry Info, Jobs/Employment, Tech Trends

Tech Trends

Tech Talent Wars

Despite gloomy overall employment numbers, we continue to hear about the demand for technology talent. The talent war is in full force in places like Silicon Valley and New York City. Wired.com recently published an article showing the talent tug of war between top Silicon Valley tech companies like Google, LinkedIn and Facebook; there is a steady stream of migration between the big names. The article cites the competition for top sales people and engineers as “extraordinary”.

Silicon Valley has been experiencing strong tech sector job growth. The computer and electronic products manufacturing sector are approximately 70,000 jobs under the dot-com boom levels; but the smaller information sector (Internet service providers, web portals and data processors) exceeded the dot-com job level in May, with about 48,000 jobs. Tech hiring has extended beyond engineering to sales and marketing. Read more »

Hiring the Right Candidate: Set Bait, Cut Bait

Filed under: Best Practices, Employer, Interview, Talent Acquisition

Shannon Tinker

Shannon Tinker

Hiring the Right Candidate:
Set Bait, Cut Bait

By Shannon Tinker

While staffing industry pros are acutely aware of the ins and outs of finding and closing candidates, I’d bet the rest of the world doesn’t spend much time contemplating the hiring process. In fact, during a candidate rich market, employers may land their dream candidate by skipping a bunch of hiring “steps,” including “the close.” But what happens when the market shifts?

An improving job market isn’t all roses and smiley faces. Simple supply and demand dictates, and unfortunately a flourishing job market also, lead to losing more candidates to competing opportunities. While tragic, some losses are unavoidable. Yet, other times a quick re-read of the “Closing Candidates 101” handbook may give you the upper hand.

Closing the right candidate really requires little or no sales ability whatsoever and is remarkably simple. Really. Read more »

Lower Private Payroll Numbers than Expected. Why?

Filed under: Recruiting, Staffing & Employment News

Staffing & Employment News

Lower Private Payroll Numbers than Expected, partially due to Re-entry of Discouraged Workers in April?

The jobs market gained momentum over the last few months; in the prior three months the number of jobs added averaged 220,000. The May figures released today however came in lower than expected. While private-sector employment added 83,000 jobs, this was a disappointing reversal of previous months’ growth. Expanding Industries include professional and business services (+44,000), health care (+17,400) and mining.

When an economy is healthy, monthly payrolls gains of around 150,000 are considered healthy; in order to recover from a downturn economists expect increased upwards of 250,000 monthly.

The Bureau of Labor Statistics release questions whether the May numbers are a temporary soft spot or a new trend. Severe domestic weather is not apparently a factor according to the Labor Department, but high energy prices and Japan’s continuing challenges probably are.

“There are good reasons to suppose the third quarter will be better because we have seen some easing in commodity prices, gasoline prices are starting to come down and the bad effects on vehicle production of the Japanese problems will start to unwind,” said Nigel Gault, chief U.S. economist at IHS Global Insight in Lexington, Massachusetts, reported Reuters.

The good news is that initial jobless claims have eased from elevated levels. And while the unemployment rate rose to 9.1 percent last month from 9.0 percent in April, this is probably due in part to the re-entry of discouraged workers who were motivated by the April hiring momentum, and re-entered the job market.

Tech Trends: Software Biggest Winner of Venture Capital

Filed under: High Tech / IT / Software, Tech Trends

Tech Trends

Software Biggest Winner of Venture Capital

 

The software sector captured 50% of the VC investments in the first quarter according to the latest MoneyTree report, the quarterly study of venture capital investment activity in the US, followed by the biotech and green energy sectors.  

Investments were up slightly in the first quarter, at $5.9 billion – the first time in four years since the dollar amount invested in Q1 were greater than Q4. That said the number of deals invested in was down to 736 nationwide – the lowest quarterly number since Q3 2009.

Software was the leading recipient of dollars with $1.1 billion invested in Q1 and the leader in number of deals funded at 187; these are both small decreases over last quarter. Read more »