Recruiting Trends 20062007

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Welcome! Please standby. The Experience
Webinar College Labor Market Dynamics A Tale
of Two Islands is scheduled to begin at 1 pm
Eastern January 31, 2007
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College Labor Market Dynamics A Tale of Two
Islands

• Dr. Phil Gardner
• Michigan State University

Experience Web Cast January 31, 2007
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• While football games may get the headlines,
• it is the battle of the classrooms that gets
  the jobs, which in turn underpins our quality of
  life. This is the real contest for the 21st
  century
• a contest for jobs, not trophies.
• -- Vance D. Coffman
• former CEO of Lockheed Martin

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Trends Since 2003

• Rise of Retail
• Rapid Decline of Manufacturing
• Emergence of Knowledge Jobs
• Focus on Sales and Marketing
• Health overwhelmed by nursing shortage
• Skills over Degree

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Todays Employment Opportunities
The Job Wave Island
or
OR
Survivor Island
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Experience Employers

• 65 Female 6.6 years in recruiting
• 23,353 average size range 6 to 334,000
• Leading sectors
• Manufacturing, finance, retail and transportation
• Key recruiting areas
• International, entire U.S., Northeast
• Recruiting Strategies
• Used all strategies to a greater extent than
  others

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Shaping the Labor Market

• Cost of doing business
• Energy, cost of living adjustments, health,
  materials
• Politics
• Global Forces
• Labor availability
• Will Boomers ever retire?
• Preferences for experienced labor?
• Economic structure
• Housing
• Consumers tapped out

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Outlook

• Perceptions Labor Market Strengthens
• Regions from good to very good
• Sectors
• Really positive oil exploration, retail, real
  estate, construction
• Cautious Professional services, wholesale,
  health, civic organizations
• Experience employers tended to be more positive
• Intentions
• 53 will definitely hire best in 5 years
• Experience 63 will definitely hire

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Hiring More or Less

• 281 firms will actually increase hiring (jobs
  increasing from 1 to 2525)
• Large companies and small entrepreneurial firms
• Sectors transportation, information, lodging,
  finance, utilities
• Regions Northwest, Southeast, Great
  LakesExperience employers same distribution
• 285 firms will actually decrease hiring (jobs
  decreasing 1 to 448)
• Mid-size firms
• Sectors construction, retail, health,
  professional services
• Regions South-Central and Mid-Atlantic

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Actual Hiring Figures 2006-07

• Overall growth but at a slower rate
• Overall around 5 for total hires (6)
• Bachelors 3.5 (2)
• MBAs 10 (15)
• Masters -10 (10)
• Intentions
• Definitely 8
• Preliminary -6
• Direction
• Increase hiring up 43
• Decrease hiring down 26

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Wheres the Action?
Size

• Large employers
• retirements and succession planning
• Small employers
• engineering design, computer applications, and
  research

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Wheres the Action?
Sectors

• Manufacturing
• Electronics, Aerospace (Defense), Medical
  Devices, Food and Beverage, Machinery
• Utilities
• Wholesale
• Oil
• Transportation
• Finance
• Lodging and Food Service
• Health
• Education
• as long as you are not in the greater Midwest
  region

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Wheres the Action?
Positions

• Accounting
• Sales
• Management training
• Administrative services
• Business services
• Design engineers
• Marketing

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A Little More Detail

• Management Training
• Large companies in manufacturing, retail,
  finance, and utilities
• Sales and Marketing
• Concentrated in manufacturing, finance,
  professional services, and information services
• Design Engineering
• Dominated by small employers
• Computer Services
• Dominated by small employers

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In Demand Majors

• A much more professionally oriented list
• All Business Majors
• Accounting
• Marketing
• Finance
• Business Administration
• Electrical Engineering
• Mechanical Engineering
• Civil Engineering
• Computer Science
• Nursing

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Through the Looking Glass

• Availability of experienced labor
• Is this an unwelcome wrinkle?
• Decrease in support services, especially
  advertising, PR, architectural design services
• Does this foreshadow a slow down?
• Better times for MBAs
• Is something strategic in the wind?

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Salary Outlook

• Salary increases very modest
• 55 of respondents not increasing salaries this
  year
• 2 increase overall little higher in
  competitive areas
• Starting Salaries (some examples)
• Average All Bachelors Degrees 38,461
• Engineering 45,000 to 53,000
• Business 39,000 to 42,000
• Social Sciences 22,500 to 44,000
• MBAs 60,932
• Commissions
• Increasing use of commission (15 reporting)

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(No Transcript)
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Are you moving up or out?
Promotion or More Challenging Position
Handshake and the Door

• Unethical behavior
• Lack of motivation
• Inappropriate use of technology
• Failure to follow instructions
• Late for work
• Missing assignment deadlines
• Ineffective within a team

• Initiative
• Motivation
• Personal Attributes
• Learner
• Quality of work
• Communication
• Leadership

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Helicopter parents' try to help their kids land
jobs POSTED 446 p.m. EST, November 7, 2006
CHICAGO, Illinois (AP) -- Some parents are
writing their college-age kids' resumes. Others
are acting as their children's "representatives,"
hounding college career counselors, showing up at
job fairs and sometimes going as far as calling
employers to ask why their son or daughter didn't
get a job
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Dont Take Your Mom to Work

• Oh, the things parents do!
• obtain information on company
• submit resumes
• promote child to company for positions
• attend career fairs
• harass company if dont hire
• making interview arrangements
• negotiating salaries and benefits
• Oh, even more amazing things parents do!
• helping complete work assignments
• when disciplined, talk to parent before
  supervisor
• pressure from parents inside company

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(No Transcript)
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Strategic Recruiting

• Internships and Co-ops
• Revitalize programs
• Initiate programs
• Internal Procedures
• Shorten interview process
• Redesign and refine behavioral questions and
  candidate assessments
• External Activities
• More of the same
• Relationships
• Branding
• Millennial forms of communication
• Targeting no longer need a fair
• Focus on faculty and departments

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Boundaryless Career Services

• Coordinate connections
• Foster relationships
• Student development
• Timing changes
• 3 to 5 years post-graduation

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Key Takeaways For Your Students Alumni

• Use this presentation with your students and
  alums to give them an overview on the college
  labor market
• Make students and alums aware of hot industries
  and sectors and the types of positions these
  companies are hiring for
• Grad with majors in non-professional degrees
  (e.g. liberal arts) need to find ways to
  translate their experiences/skills into traits
  desired by hiring employers
• Warn students and young alums about too much
  parental involvement directly with recruiters and
  hiring managers may be poorly perceived by
  companies

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Recruiting Trends 2006-2007 Report

• To Order the 2006-2007 Recruiting Trends Report
• Please contact Dr. Gardner
• Philip D. Gardner, Ph.D.
• CERI Collegiate Employment Research Institute
• 113 Student Services Building
• Michigan State University
• East Lansing, MI 48824
• [phone] 
• gardnerp_at_msu.edu
• http//ceri.msu.edu/

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Experience Resources For Your Students and Alumni

• Industry overview and career paths updated in all
  industry channels
• New salary articles in all industry channels with
  an overview in the Manage Your Career Channel
• New content partners Teamwork Online and Robert
  Half

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Student Channel Editors

• Kate Ithaca (Non-Profit Channel)
• Samuel Emerson (Entertainment Channel)
• Jen Temple (Accounting Channel)
• Emily Wesleyan (Energy Utilities Channel)
• Scott USC (Diversity Channel)
• Rob DePaul (Marketing Channel)
• Elizabeth Babson (Finance Channel)
• Sean Washington (Government Channel)

• Lewis University of Vermont (Off the Beaten
  Path Channel)
• Nick Xavier (Sports Channel)
• Scott Davenport (Sales Channel)
• Caroline Boston College (Education Channel)
• Allison University of Richmond (Consulting
  Channel)
• Clint Okalahoma State(Technology)
• Monica Northern Illinois (Healthcare Channel)

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New Exclusive Experiences

• Grand Circle Travel Defining Moment Video
  Interview
• Rebecca from University of Portland

• Job Shadow with JibJab
• Application deadline Feb 18th

• Upcoming Defining Moment Video Interviews
• Center for Disease Control and Prevention
• Enterprise Rent-A-Car
• Washington International Group

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Professional Development Series

• February 21, 2007 --What Do You Do With A
  Liberal Arts Degree?
• Sheila Curran, Career Services Director, Duke
  University and Author of Smart Moves for
  Liberal Arts Gradsaccompanied by 2 liberal arts
  alums
• Tell Us What You Think !
• Evaluation survey will be emailed to participants
• Ongoing topic submission on University Resource
  Channel

• (http//www.experience.com/alumnus/channel/tell_us
  )

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Q A Session
If you would like to ask a question, please
press 1 on your telephone keypad.
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Thanks for Participating!
Dr. Phil Gardner Michigan State
University gardnerp_at_msu.edu
Experience, Inc. support_at_experience.com 800-583-77
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