Tuesday 15 November
 
 
Monthly Update
Michigan’s economic health was reported second best in the nation, according to a recent national ranking...  Kind of a shock to most people, really.  From last to second best. 

Whether that's just the business cycle working itself out or the result of the tough reforms pushed through by Michigan's legislators is something that will likely be conjectured about for awhile... but I don't think most people care, as long as things are getting better.

So what does this mean for the average person?  Well, just like when we put Detroit under the spotlight a few weeks ago and showed how optimism and economic growth had finally returned to the struggling city, the good news has spread.  And when the economy is up, usually so are the opportunities for accounting and finance professionals.

No need to stay bottled up any longer.  The economy is moving so time to take control of your career and take advantage of what's out there.  Contact us today.  We can help.

Of course, I'm sure you've see the employment news, that unemployment is still high.  And yet, there seems to be a lot of job openings in accounting and finance.  What gives?  How can it be hard to find work in this field when so many jobs are around and why do jobs go unfilled for so long?  Our article this month provides some insight into the problem and potential solutions:
Why Companies Aren't Getting the Employees They Need

Everybody's heard the complaints about recruiting lately.

Even with unemployment hovering around 9%, companies are grousing that they can't find skilled workers, and filling a job can take months of hunting.

Employers are quick to lay blame. Schools aren't giving kids the right kind of training. The government isn't letting in enough high-skill immigrants. The list goes on and on.

But I believe that the real culprits are the employers themselves.

With an abundance of workers to choose from, employers are demanding more of job candidates than ever before. They want prospective workers to be able to fill a role right away, without any training or ramp-up time.

To get America's job engine revving again, companies need to drop the idea of finding perfect candidates and look for people who could do the job with a bit of training and practice.

The Big Myths

The perceptions about a lack of skilled workers are pervasive.  52% of U.S. employers surveyed say they have difficulty filling positions because of talent shortages.

But the problem is an illusion.

Some of the complaints about skill shortages boil down to the fact that employers can't get candidates to accept jobs at the wages offered. That's an affordability problem, not a skill shortage.

The real problem, then, is more appropriately an inflexibility problem. Finding candidates to fit jobs is not like finding pistons to fit engines, where the requirements are precise and can't be varied. Jobs can be organized in different ways so candidates with different credentials can do them.

A Training Shortage

And make no mistake: There are plenty of people out there who could step into jobs with just a bit of training—even recent graduates who don't have much job experience.

Unfortunately, companies don't seem to do training anymore.  The amount of training the average new hire gets in the first year can be measured in hours and counted on one hand.  Much of that includes what vendors do when they bring in new equipment: "Here's how to work this copier."

Employers rightly point to a significant constraint that they face in training workers: They train them and make the investment, but then someone else offers them more money and hires them away.

The Way Forward

That is a real problem. What's the answer?

I'm convinced that some of the problem we're up against is simply a failure of imagination. Here are three ways in which employees can get the skills they need without the employer having to invest in a lot of upfront training.

Work with education providers:
If candidates don't have the skills you need, make them go to school before you hire them.  Colleges can partner with employers to tailor applied course work to the specific needs of the employer.  Candidates qualify to be hired once they complete the courses.

Going back to school isn't just for new hires, either; it also works for internal candidates. In this setup, the employer pays the tuition costs through tuition reimbursement.

Bring back aspects of apprenticeship: In this arrangement, apprentices are paid less while they are mastering their craft—so employers aren't paying for training and a big salary at the same time.

Of course, a full apprenticeship model wouldn't work in all industries. But companies could offer new workers a longer probationary period—with lower pay—until they get up to speed on the job.

Promote from within:
Employees have useful knowledge that no outsider could have and should make great candidates. In recent years, however, an incredible two-thirds of all vacancies, even in large companies, have been filled by hiring from the outside (compared to 10% a generation ago).

These days, many companies simply don't believe their own workers have the necessary skills to take on new roles. But, once again, many workers could step into those jobs with a bit of training.

Pursuing options like these vastly expands the supply of talent that employers can tap, making it both cheaper and easier to fill jobs. It helps build the supply of human capital in the economy, as well as opening the pathway for more people to get jobs.

Original from Wall Street Journal...

NEW SERVICES
 
LinkedIn for Job Seekers - Video Streaming

Global Consulting is pleased to announce that we are now offering the popular video series, “LinkedIn for Job Seekers”, directly on our website via web streaming.

With the evolution of the digital age and social media, you need to be using new methods for your job search. LinkedIn is one of the most powerful new tools out there. That’s why Jason Alba developed his video series, “LinkedIn for Job Seekers,” which is packed with tons of information and tutorials to help you accelerate your job search. Everything you need to know about using LinkedIn to find a job is contained in over 15 sessions!

Clients of our sister company, Global Career Strategy Center, gain access to these videos for free when they sign up for a CJSS package.  However, even if you are not a GCSC client, you can still sign up and watch them on our video site.  Check here for details.

Fresh Opportunities
 
Senior Financial Analyst

Our manufacturing client in the Saginaw/Flint area is looking for a Senior Financial Analyst for their corporate headquarters.

They are looking for a professional with at least 5 years of finance/accounting experience in a manufacturing environment, solid cost accounting and Excel/data mining expertise, and someone who can make presentations to key decision makers within the organization.

This is a new position within the company and will be highly visible to our client's executive team. They have a great benefits package (including health, disability, dental, and vision insurance, 401k retirement plan, plenty of paid vacation and holidays, and profit sharing) and a competitive salary (up to $80K).

Senior Accountant

Local CPA firms are really starting to take off as they ramp up hiring for the end of 2011!  We have been asked by several firms to help find Senior Accountants for offices throughout Michigan.

Qualifications: Candidates should have between 2 and 7 years of public accounting experience and ideally should possess solid knowledge of both tax (return preparation and planning activities) and audit (compilations and reviews).

Our clients strive to create a work environment that embraces change, strengthens quality of life, improves productivity, and allows team members to pursue personal and firm goals.  They encourage creativity, enthusiasm, positive goal setting, and personal development.

And they believe in rewarding success.  In addition to a competitive salary (up to $80K), our clients provide numerous retirement and health benefit options, generous holiday and vacation programs, and potential advancement within the company up to partner level!


 Please visit our website for a complete listing of our current hot opportunities.

Contact Us Today

Arthur Gluzman, CEO, *PRA, *PCC
Managing Partner
Global Consulting

248.489.1900 ext. 21 (Direct)
248.489.9008 (Fax)
248.390.5598 (Cell)
arthur@globalrecruiters.com


*Professional Resume Advisor, *Professional Career Coach

 
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