Oct 8, 2012

Longer Tenures Create Opportunities for Workers and Challenges for Employers

It’s become gospel in recent years that workers jump from job to job to job. Some reports say that the average person entering the workforce today will go through as many as 20 jobs in a career. It’s been cited as a symptom of a new crop of workers who avoid committing to a single employer more than a few years. Job hopping has become so mainstream that staying with a single company for more than three or four years now needs to be justified with evidence of accomplishments and career advancement, much in the way job hopping has had to have justification behind it. 
It’s a trend that was true of male workers from the early 1980’s through the late 1990’s. In that time frame, the current tenure of wage and salaried male employees over 25 years old fell from 5.9 years to 4.9 years. Since 2002, however, the median male tenure actually grew from 4.9 to 5.5 years. Over that same period, the median tenure of women grew from 4.4 years to 5.4 years—tenures of women had also grown in the decade and a half when male tenures were falling, but that is largely attributable to a change in the career mix of women which began to favor longer tenure-professions. 
“The 1980s and 90s was a period filled with tremendous opportunity, when employees discovered the power of being free agents and the salary advantages of changing jobs. Since the turn of the millennium though, the economy has been markedly less stable, and employees have been less likely to seek out unnecessary instability by changing positions,” says Rob Romaine, president of MRINetwork. 
While consistent tenures of less than three or four years can still cause negative perceptions, being open to change careers in a slow economy like today can be an effective way to jumpstart a career. During the recession many employees took on added responsibilities without receiving a promotion, and those who did see promotion, often saw them in title only. The slow economy caused annual salary adjustments to stay in the low single-digit percentages, yet job changers who succeeded at adding value to their organizations throughout the recession can now find salary increases of 10 or 20 percent or more with new employers.
“In sectors of the economy that have reached, or even far surpassed their pre-recession levels, like technical consulting, accounting, or healthcare, rising tenure can mean even fewer experienced candidates are available for mid-career opportunities,” notes Romaine. “But, it also means that opportunities for those willing to change positions will be both more plentiful, and have more potential for reward.” 
Median tenure for the healthcare industry over the last decade has increased from 3.5 to 4.4 years, lengthening by three-tenths of a year since just 2010. Professional and technical services median tenure has grown even more—from 3.1 to 4.4 years since 2002. 
For employers trying to find top performers, workers staying in their positions longer means simply finding them becomes more difficult. The longer someone isn’t actively in the job market, the older and more out of date their discoverable footprints become. LinkedIn profiles go unmaintained. Resumes in databases grow so old they are irrelevant. 
“Finding top talent that isn’t trying to be found requires constant surveillance and proactive network-building. There is nothing automated about the process and it’s challenging for an internal recruiting apparatus to proactively build a pipeline for key positions that a company may only be hiring for every few years,” notes Romaine.


Dental Residents – How to Find a Job Coming Out of your AEGD or GPR Uncategorized

Dental Residents – How to Find a Job Coming Out of your AEGD or GPR

Jan 3, 2014

Congratulations! After spending your whole life in school and residency you can finally see the end in sight. Now it is time to start putting all that education to use but fin...

Grow Your Practice in the Upcoming Year with a Business Plan Uncategorized

Grow Your Practice in the Upcoming Year with a Business Plan

Nov 14, 2012

The theme of my articles around this time of year always revolves around planning and goal setting. Like it or not, we are just 45 days away from the end of 2012. It’s in th...

Will My New Associate Be Here in 6 Months? Uncategorized

Will My New Associate Be Here in 6 Months?

Oct 11, 2012

As recruiters, we are frequently asked, “What is your success rate?”We took a look at the placement history of more than 1,200 placements we've made between our two niches...

Snapping on the Job Uncategorized

Snapping on the Job

Sep 19, 2012

I know what you are thinking; this blog is geared at the eye care field, not our postal service.  You are correct, of course.  But the “snapping” that I am refer...

Jobs Recovery Increasingly Uneven as Talent Gap Widens Uncategorized

Jobs Recovery Increasingly Uneven as Talent Gap Widens

Sep 7, 2012

In June, total job openings in the U.S. grew to 3.76 million, according to the Labor Department, the highest level since the summer of 2008. In the past 36 months, job opening...

Moving This Summer? Uncategorized

Moving This Summer?

Jun 13, 2012

Now that summer is upon us, you may be preparing to move - and one of the most significant challenges is likely the relocation of children. Our friends at FAS ...

Three Years After Recession a Long-Tail Emerges Uncategorized

Three Years After Recession a Long-Tail Emerges

Jun 1, 2012

As Tolstoy famously said, “The strongest of all warriors are these two – time and patience.” On the tail end of fighting through the longest recession in the memories of...

Thank You Note Uncategorized

Thank You Note

May 17, 2012

Post Interview Tip:It’s simple, quick, leaves a lasting impression and makes a significant difference in who gets an offer of employment. Research indicates that only 20% o...

As Job Market Improves, Candidates Notice Uncategorized

As Job Market Improves, Candidates Notice

May 7, 2012

In the depths of the recession, as unemployment rates were rising and everyone knew someone who was being affected, "It's better than no job at all" became a common refrain ac...

Five Things to Consider Before and After Writing a Cover Letter Uncategorized

Five Things to Consider Before and After Writing a Cover Letter

May 2, 2012

BEFORE:1. SpecificityResearch the practice to which you are applying. Address the doctors, staff, or hiring authority by name. If possible, at some point in your letter you c...