BountyJobs Bites
Professionals Know Their Worth and They’re Not Getting It
The Numbers:
- 82% of workers know their worth in the labor market
- Less than 50% feel they are being paid the appropriate amount
- 73% report that they have researched and compared their salary against online market rates
- Source: Robert Half
Perks Continue as Effort to Retain Employees
The Numbers:
- Walmart offers perks such as salary advancements, giving the employee the option to ‘borrow’ part of their next paycheck
- Such perks are a response to research indicating that American workers are financially stressed
- Source: The Wall Street Journal
Job Satisfaction Increases
The Numbers:
- 53.7% of U.S. workers are satisfied with their jobs
- This is up from 51.7% in the previous year
- This is the second-biggest increase in the 32 year history this survey has been run
- Source: The Conference Board
BountyJobs Reports: The New Dynamics of Recruiting 2019 Survey
- Each year we carefully craft a survey for professionals in talent acquisition to express what they’re experiencing in the current talent market – challenges, solutions, forecasts. We take these valuable responses and publish a report later in the year with the results – actionable insights that help all in talent acquisition.
Employers Hiring, But Most Still Can’t Find Skilled Candidates
The Numbers:
- More than 82% of employers are actively hiring
- 80% of those have reported difficulty finding workers
- 70% cite a skills shortage as the reason
- Source: Challenger, Gray, & Christmas
U.S. Private Sector Adds 195K Jobs in August
The Numbers:
- Small businesses added 66,000 jobs in August from July
- Midsize and large firms added 77,000 and 52,000 jobs respectively
- The 195,000 jobs added last month are up from 122,000 added in July
- Source: ADP National Employment
Economy Expands Modestly, Pressuring Wages
The Numbers:
- Through August, the economy grew at a ‘modest pace’
- Most businesses still optimistic about the near-term outlook
- Firms and staffing agencies across the board stated tightness across labor markets and skill levels
U.S. Nonmanufacturing Activity Expands
The Numbers:
- Economic activity in the U.S. nonmanufacturing sector expaned in August at a faster pace than in July
- The nonmanufacturing index rose in August to a reading of 56.4 from July’s reading of 53.7
- Source: Institute for Supply Management
Fastest-Growing Occupations
The Numbers:
- Solar installers, wind turbine techs, and home health aides make the 10 fastest-growing occupations list for 2018 to 2028
| Occupation | % change 2018-2028 | Median wages (May 2018) |
| Solar photovoltaic installers | 63.3% | $42,680 |
| Wind turbine service techs | 56.9% | $54,370 |
| Home health aides | 36.6% | $24,200 |
| Personal care aides | 36.4% | $24,020 |
| Occupational therapy assistants | 33.1% | $60,220 |
| Information security analysts | 31.6% | $98,350 |
| Physician assistants | 31.1% | $108,610 |
| Statisticians | 30.7% | $87,780 |
| Nurse practitioners | 28.2% | $107,030 |
| Speech-language pathologists | 27.3% | $77,510 |
- Source: US Bureau of Labor Statistics
Skills Gap Continues to Widen
The Numbers:
- As the skills gap grows, more executives turn to hire gig workers
- 64% of HR executives state there is a skills gap in their companies this year, up from 52% last year
- 44% feel it’s more difficult to fill their skills gap this year than last year
- Source: Wiley Education Services and Future Workplace
Home Health Workers See Huge Growth in Demand but Not in Pay
The Numbers:
- Today there are about 2.3 million home health workers, an increase of 150% from ten years ago
- This ‘emotionally and personally demanding’ job is also one of the worst-paid at $11.52 an hour on average
