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The Upside of Hiring Now
As pink slips pile up nationwide, hiring may seem like a risky move for employers. Yet if you can afford to, now is a great time to augment your staff. In addition to the increase in top talent available, employers can also benefit because job-seekers have been forced to reassess their expectations.
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Source: Inc.com
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2009 DFW Salary Survey Results
Each year, Q&A Recruiting offers a free local Salary Guide with immediate online access to results. This data is specifically compiled for the DFW area in the disciplines of Accounting, Finance, Tax, and Human Resources. The Q&A Salary Guide is calculated through information gathered from our annual local placements, in combination with field research from hundreds of local job seekers and hiring managers.
We are pleased to offer reliable market compensation data and trends to assist you in the following areas:
- Attracting top local talent
- Benchmarking and analyzing current salary grade levels
- Ensuring competitive pay and retention for your top performers
- Valuing your professional worth in the DFW market
Click here to view our 2009 DFW Salary Survey Results or contact your Recruiting Manager if you'd like to receive a hard-copy disc.
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Delegate for Success
Ensure that you haven't redefined "Take One for the Team" to mean "Take 'Em All for the Team." Playing the martyr can backfire. Failure to delegate sends the message to your team members that they're not capable. Your boss will be much more impressed if you learn to delegate.
Source: JobsintheMoney.com
Market for New Accounting Grads
The 2009 crop of college graduates is stepping off campus and into the "real world" with fewer jobs in hand than their 2008 counterparts, according to a new report from the National Association of Colleges and Employers (NACE).
NACE's 2009 Student Survey shows that just under 20 percent of 2009 graduates who applied for a job actually have one. In comparison, 51 percent of those graduating in 2007 and 26 percent of those graduating in 2008 who had applied for a job had one in hand by the time of graduation.
Data indicates that among specific majors, accounting graduates are more likely both to have started their job search and to have a job in hand. They are also more likely to accept an offer they received. NACE has found that national salary offers to accounting graduates average more than $ 48,000.
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Local Economic and Employment Trends
Economic conditions remained weak through late May, but there were increased reports of stabilization. While outlooks were slightly more optimistic, most contacts said they remain extremely cautious and do not expect any sustained improvement in the near term. Labor market conditions remain soft as firms continue to implement hiring freezes in the face of uncertainty.
Texas' unemployment rate remained unchanged in April at 6.7 percent and continued to trend well below the national rate of 8.9 percent. The Texas unemployment rate stood at 4.6 percent this time last year.
Texas has recorded a net loss of almost 174,000 jobs in the past 12 months, compared with job losses of 5.2 million in the United States during the same period. The loss offsets the 72,000 Texas jobs gained in 2008 and puts total nonfarm employment at late-2007 levels. The private sector shed over 128,000 jobs this year-5.7 percent on an annualized basis.
The largest over-the-month drop occurred in Professional and Business Services with a loss of 20,000 jobs in April. Leisure and Hospitality posted the largest industry gain in April with an additional 10,600 jobs. Education and Health Services added 4,500 jobs, representing an annual job growth rate of 4.5 percent.
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Unemployment Rate
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April 09
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March 09
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April 08
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US
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8.6
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9.0
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4.8
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TX
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6.4
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6.7
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4.0
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DFW
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6.6
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7.0
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4.1
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Houston
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6.3
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6.6
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3.9
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Austin
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5.8
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6.2
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3.5
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San Antonio
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5.4
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5.9
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3.7
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(Non-Seasonally Adjusted Rates used for US and TX for relevant comparison with Metro Areas)
Source: Texas Workforce Commission
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Professional Organizations in Dallas
Following are links to both local and national networking organization sites to help you stay current in your field of Accounting and Finance:
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About Q&A
Since 1998, Q&A Recruiting has provided comprehensive recruiting services to clients in the Dallas/Fort Worth area, specializing in the areas of Accounting, Finance, Tax and Human Resources on both a direct hire and contract basis. Our Texas recruiting team is comprised of more than ten audit and tax professionals from both public and industry accounting who can provide you strategic inroads to passive candidates who are not on the job boards or actively seeking opportunities.
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Contact Us
You are receiving this email because someone from the Q&A Recruiting team has met you or your firm through a business interaction. We hope that you discover value in our Quarterly Hiring Update and share this with colleagues with similar interests.
Please let us know if you wish to receive future newsletters at a different email address than where you received this. Click here to continue receiving our quarterly newsletters and other free industry periodicals such as our annual salary survey results.
This newsletter is published internally by Q&A Recruiting. Comments or questions may be sent to Lynn Mazur, Director of Marketing, at lynn@qarecruiting.com.
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