In This Job Market, You're Worth More Than You Know
Could you be making more?
- The average salary for executive admins has increased by 8% in the last two years
- The average salary for warehouse workers has increased by 8% over the last two years
- The average salary for engineers has increased by 2% over the last two years
- The average salary for scientific jobs has increased by 4%over the last two years
- According to Forbes, employees who stick around for more than two years tend to earn 50% less over a lifetime than peers who shop their skills
Yes. You could be making more.
You hear it on the news every day: the economy is booming; the national unemployment rate is at a record low (and shrinking). Headlines like these have been impossible to avoid for the last few months. But, what exactly does it mean for you and why should you care if you already have a good enough job? Before answering that question — here’s some context for the record low unemployment rates: As of July 2018, the national employment across all jobs was 3.9 percent, the lowest since 2000.
It’s big — it means you have more power in this job market than ever before. When the unemployment rate drops to record lows, the competition to hire top talent heats up across every industry. Higher demand for talent means you have more control over the amount of money you make and the quality of your work environment. The time to take advantage of this candidate-focused market is now.
According to the Wall Street Journal, workers are voluntarily leaving their jobs at the fastest rate since 2001. This is in part because they’re increasingly confident in a strong economy. What are these workers gaining by switching jobs now? Often, it’s higher wages, shorter commutes and work that’s more interesting.
If you’ve been thinking about looking for a better job, or if you feel like you deserve more from your employer — act now. There’s no telling how long this boom will last, and you don’t want to look back, thinking about what should have done, when you could have done it.
That’s where we come in. We’re experts at navigating the job market. Our recruiters have access to the best opportunities in your industry, and we can give you realistic previews of different career paths before you decide to make a big change. Additionally, contract positions allow you to try out different roles and companies, so you can find what’s right for you. We’ll work with you through the search, and check in frequently afterwards. You know your value, and we can’t wait to help you get the most out of your career.