Skip to main content
Enter search terms below…

Member News

Alaant Hiring Index: After Strong Start to 2019, Hiring to Slow Amid Recruiting Challenges, According to Capital Region Employers



Alaant Hiring Index: After Strong Start to 2019, Hiring to Slow Amid Recruiting Challenges, According to Capital Region Employers

https://www.alaant.com/blog-news/press-release-alaant-hiring-index-spri…

Optimism remains high for future job growth, even as companies temper hiring expectations through the end of this year

Albany, NY – Hiring was robust in the first half of the year, and optimism over the long term remains high, but Capital Region employers are scaling back expectations for the second half of 2019 amid continued challenges in recruiting employees, according to the Spring 2019 Alaant Hiring Index released today. The index is compiled by Alaant Workforce Solutions, the Capital Region’s leading professional workforce services firm.

In a survey of 83 hiring and human resource managers conducted between May 14 and June 7, 69 percent reported increased hiring from January through June, with 26 percent holding steady and 5 percent cutting back. For the second half of the year, companies expecting to add jobs dropped to 56 percent – which is also down from 68 percent last spring – with 38 percent anticipating no change and 6 percent projecting a decrease.

At the same time, 67 percent of employers characterize hiring as either a significant challenge or challenging, up from 60 percent a year ago. Salary and wage demands remain the biggest issue, named by 37 percent of companies, followed by the skills gap (27 percent), overall business climate (14 percent), and corporate finances (11 percent). The number of employers primarily hiring locally, 72 percent, was virtually unchanged from last fall and a year ago.

“The Capital Region’s economy remains strong, particularly as compared to other areas, but employers are being more cautious in hiring given the uncertain impact of national economic issues ranging from tariffs to trade,” said Miriam Dushane, Managing Partner of Alaant Workforce Solutions. “Companies that are hiring need to continue to make offers quickly, pay competitively, and enhance their corporate culture to recruit the best employees in a very tight job market.”

Asked about their expectations for the future, 80 percent of employers said they were very optimistic or optimistic about job growth over the next year, up from 71 percent last fall and 77 percent a year ago. The field showing the fastest-growing number of opportunities was IT, named by 37 percent, with 23 percent citing development positions and 14 percent naming infrastructure roles. That was followed by health care at 21 percent; customer service, sales and marketing at 10 percent; and engineering at 8 percent.

Of the hiring and human resource managers answering the survey, 46 percent represent companies with fewer than 100 employees, with 54 percent from firms with 100 or more employees.

The Alaant Hiring Index gives companies unique insight into the Capital Region’s professional and technology job market, and is used by HR and hiring managers to help develop strategies to recruit and retain a highly skilled workforce. The next index will be released in fall 2019.

For the past three consecutive years, Alaant has been honored by Forbes as one of America's Best Recruiting Firms, and by ClearlyRated with the Best of Staffing® Client Award and Best of Staffing® Talent Award. Alaant offers innovative practice areas such as Talent Acquisition Partnerships and Employer Brand Strategy to help companies attract, acquire, engage and retain premier employees.

######

About Alaant Workforce Solutions. For nearly two decades, Alaant has delivered a full suite of consulting and recruitment services that enable employers to attract, hire and retain the best employees, strengthen business performance, and accelerate growth and profitability. Alaant’s team of employment experts uses innovative recruiting tools and solutions, creates effective Employer Brand Strategies, and provides exceptional RPO capabilities, always guided by a personal engagement with both candidates and employers, and a recognized commitment to integrity and excellence. To learn more, visit www.alaant.com.

Contact:
Steve Janack, Principal, The Janack Group

BST & Co. CPAs, LLP, one of the Capital Region’s leading financial and management consulting firms, will welcome business professionals to learn about the benefits of outsourced accounting during a webinar on Wednesday, August 12 at 11:30 a.m. During the 30-minute webinar, BST & Co. Partner Kristen Berdar will discuss how outsourced…
Passport For Good was recently awarded a statewide contract through Erie 1 BOCES to provide college and career readiness support to school districts throughout New York state. This 3-year cross-state contract for the New York State Contract Instructional Technology Contract Consortium allows Western New York Regional Information Center (WNYRIC), a…
 CAP COM Federal Credit Union has hired Carin Urban as the credit union’s Vice President of Member Services, overseeing CAP COM’s 11 branches, as well as its Member Contact Center. Urban will develop and lead programs to strengthen member experience and service delivery. She brings more than 25 years of retail banking management experience to the…
Aug
17
Join us for a day of clubs, carts & connections at The Country Club of Troy! Start practicing your swing!  The Chamber's 2020 Annual Golf Classic will…
Tee Times Available Between 8:00 a.m. - 12:30 p.m.
Sep
17
2020 Award Recipients To Be Announced Soon! An evening honoring outstanding examples of philanthropic giving and citizenship. For more than 25 years, the …
5:30 p.m. Networking & Cocktail Reception; 6:30 p.m. Awards Ceremony & Dinner
Sep
24
Take advantage of this webinar Quick Learn presented by MicroKnowledge, aimed at providing tips and tricks on how to WOW your audience without distracting…
Noon - 1 p.m.