Hiring Trends: Remember When Job Hopping Was Bad?

 

Two recent workplace studies. First, the results from Beyond’s nationwide study of 11,000 people (evenly split between employed and unemployed job seekers):

1. Traditional markers of success such as salary and company tenure aren’t as relevant

  • 77% believe they have achieved career success
  • Top reason: pride in their work (48%), which ranked well above money (2%) as an indicator of success (note: I find 2% hard to believe but hey, it’s not my study).
  • Tenure at one job is an anomaly. Only 8% of those who feel they’ve achieved career success have worked for just one company.

2. Today’s job seekers are impatient

  • 46% say six months to one year is how long they would “stick out” a job that doesn’t make them happy.
  • Job hopping is more useful for career advancement than working for a promotion.
  • The days of building a career from the ground up and advancing up the corporate ladder at one company are long gone.

3. The majority of Millennials aren’t too career-oriented for the time being

  • 58% say they’re happy with a “job”
  • 42% prefer a “career”

4. Mentors are important for career success

  • 87% of workers with mentors believe their careers have been successful.

 

Read on below for LinkedIn’s annual hiring study – besides seeing what industries are hot, it’s helpful to use this info to tweak your resume and linkedin profile.

LinkedIn surveyed 4000 corporate talent acquisition leaders across 35 countries. Here are the main takeaways.

  • 83% of recruiters said talent would be the number one priority at their company.
  • 56% said hiring will increase this year.
  • The top five areas for hiring: Sales, Operations, Engineering, Information Technology, Business Development.
  • Employee referrals (48%) remain the top source of quality hires, followed closely by third-party websites/online job boards (46%) and professional social networks (40%).
  •  Diversity has moved up in importance (37%),  followed by soft skills assessments (35%) and  “innovative interviewing tools” (34%).

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