Companies Looking to Add Permanent and Temporary Positions in Q2 2015
CHICAGO, Illinois (March 10, 2015) — According to the Brilliant™ Q2 2015 Accounting, Finance and IT Hiring Forecast, companies are reporting an increased number of open accounting, finance and IT positions. Moreover, they are planning to fill the open roles as quickly as possible – indicating increases in business activity and overall strength in the labor market.
The Brilliant™ Q2 2015 Accounting, Finance and IT Hiring Forecast, produced in conjunction with Dr. Richard Curtin, Director, Surveys of Consumers at the University of Michigan in Ann Arbor, examined data collected from nearly 400 human resources professionals and hiring decision makers between Jan. 27, 2015 and Feb. 9, 2015.
The accounting, finance and IT professions are projected to be the strongest in recent years and Q2 2015 will see businesses thrive and flourish.
Dr. Curtin explains, “Our research indicates 39 percent (up from 30 percent last quarter) of companies reported vacant accounting / finance positions, and 58 percent (up from 37 percent last quarter) reported unfilled IT positions. Overall, the data indicates an emerging strength in the labor market during 2015 – with an increased competition for top talent likely to result in increased wage offers.”
BRILLIANT CEO Jim Wong, CPA (Inactive) adds, “Not only are businesses doing so well that they have a spike in open positions, but there continues to be a strong demand for temporary and contract accounting, finance and IT professionals.”
Types of Unfilled Positions
Companies reported having the most vacancies in corporate accounting positions (26 percent) and in Database Administration (23 percent).
Hiring Plans For the Coming Year
Plans to increase hiring of accounting / finance professionals was unchanged (17 percent) from the Q1 2015 hiring forecast, and plans to increase hiring of IT professionals rose slightly to 9 percent from five percent in the previous quarter.
Intentions to Hire Temporary / Temp-to-Hire Professionals
A substantial amount of companies (35 percent) reported plans to utilize additional temporary or contract IT professionals in Q2 2015 – significantly up from 18 percent in the Q1 2015 Hiring Forecast.
Biggest Skill Gap Among Candidates
One in five companies reported no single skill gap among accounting / finance job candidates. And, 30 percent of companies reported verbal and written communication as a challenge for IT candidates.
BRILLIANT is a search, staffing and management resources firm specializing in the accounting, finance and IT professions throughout the greater Chicago and south Florida markets. The BRILLIANT name and logo come from the Chinese translation for the sun and the moon and when combined create a heightened awareness or a brilliant state of mind. To learn more, visit www.BrilliantFS.com or follow us on Facebook, Twitter, LinkedIn and Google+.
Laurie Canning, BRILLIANT, Lcanning@brilliantfs.com or 312.582.1812