The Tech Job Market Keeps Heating Up, But Not For Everybody
Michael A. Morell recently sat down with Fortune's Anne Fisher to discuss the current state of IT and technical talent in Silicon Valley. Even with a growing demand for skilled and experienced techs, many people still find themselves having trouble landing their dream role. As an experienced recruiter, Michael shares his perspective with Fisher and identifies three key traits that job seekers need to consider to help them stand out.
(Fortune) - At first glance, you might think that anyone with up-to-date IT skills and a few years of work experience has it made in the shade. Unemployment among this group has dropped from 4.2% in the third quarter of last year to 3.3% now, according to the latest figures from the Bureau of Labor Statistics cited in a new report by tech job site Dice.com, and the jobless rate in some specialized fields is even lower -- a scant 2.3% for software developers, for instance.
Tech consulting alone has seen 10 straight quarters of job growth, with more than 56,000 new positions created so far in 2012, about 17,000 of them in September. At the same time, pay is rising. Base salaries are expected to climb by an average of 5.3% in the year ahead, according to the latest salary guide from researchers at staffing firm Robert Half International. Mobile app developers will get the biggest raises, at around 9%. Network engineers (especially wireless), data modelers, and portal administrators will see higher-than-average pay hikes, too.
So skilled IT professionals should have no trouble finding jobs, or changing jobs, right? Well, not exactly. For one thing, computer and electronics manufacturers have continued to cut headcount, as they have for the past few years, with about 10,000 layoffs announced so far in 2012. All that extra talent adds to the competition for available openings.
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How to Stay in the Game Even If You Aren’t Looking for a Job
Throughout your career, it is important to continually evaluate and assess your current situation in regards to your long-term career goals. Whether or not you are actively looking for a new professional opportunity, it is important to manage your personal "brand" to ensure you always appear relevant as a top performer. Riviera’s Managing Partner Michael A. Morell penned his thoughts on the matter and shared a veteran recruiter's insight to how all professionals can remain attractive on the market even if they aren’t currently seeking change.
(SmartBlogs) - Today’s job market offers immense opportunities for career and financial growth, notably in Silicon Valley, where the “war for talent” rages.
For high performers who already find themselves in a rewarding position, pursuing a new job may be low on their list, while others are itching for fresh challenges and greener pastures. Regardless, it behooves both happy and restless working professionals to stay in the game and remain open to career-change opportunities.
After 12 years, I've gleaned significant insight into what recruiters and hiring companies are seeking from job candidates. Below are some key points to keep in mind, regardless of whether you’re looking for a new job.
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Iva Messy Appointed as Director of Talent and Michael Ellison as Product Manager
Riviera Partners is pleased to announce the latest additions to our growing firm. Recently, Iva Messy and Michael Ellison have been appointed roles within the Operations team as we expand our effort to evolve the recruiting sector through use of technology services and data analysis.
Iva Messy, Director of Talent, has an extensive background in human empowerment. Most recently, she was human resources manager at Stanford Management Company (SMC), the professional organization responsible for investing approximately $20 billion of endowment and other financial assets for Stanford University. Here, she played an integral part building and promoting a collaborative culture on staff-related issues, policies, programs and processes. Previously in her career, Messy was with the NBA franchise Brooklyn Nets, previously known as Nets Basketball. Her diverse background also includes time spent as a professional tennis player.
Michael Ellison, product manager at Riviera Partners, has a variety of responsibilities drawing heavily on his experience as a three-time entrepreneur. Ellison founded his first company at 19 and was invited to speak at Harvard Business School on social entrepreneurship at age 20. Over the next six years, he helped found three additional companies. Prior to joining Riviera Partners, he played an instrumental role in the startups Class Metric and Opez and was a partner in Goodzuma, a crowdsourcing platform that promotes time-efficient collaboration among senior creative executives.
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Riviera Clients In Business Insider's Spotlight
Last week we applauded eight of our clients for being named to The Wall Street Journal’s “Next Big Thing” list. This week we’re pleased to recognize an even larger group of companies that have earned a spot on Business Insider’s 2012 DIGITAL 100: The World’s Most Valuable Private Tech Companies. The rankings are based on several metrics, including revenue, users, market opportunities, growth rates, and the perception of investors and tech gurus.
Riviera Partners is privileged to work with the great companies on this list. Join us in congratulating these emerging growth companies—and great clients of ours!
(Business Insider) - Welcome to the DIGITAL 100: The World's Most Valuable Private Tech Companies!
In the past two months, we have evaluated hundreds of private tech companies and ranked the top 100 by value.
Our rankings are based on several metrics, including revenue, users, market opportunities, growth rates, and the perception of investors and tech gurus.
See the full list here...