Hiring trends: Accounting professionals can expect a receptive industry
As a staffing and recruiting professional, you know the trends that are impacting the industries you specialize in. If you’re particularly immersed in the finance industry, there’s positive news. Accounting Web reports that while most employers are expecting to decrease the number of new college grads they are hiring in the next 12 months, more than 50 percent of those same organizations are pursuing graduates who majored in accounting, according to the National Association of Colleges and Employers.
Accounting majors are offering employers the right combination of skills. According to the industry news source, hiring in the industry has remained steady – even during the worst periods of the Great Recession.
“All industries in the accounting sector fared relatively OK through the recession, though they were impacted. Accounting is a back-office function – not revenue generating – so those jobs were a place where companies could cut back. Now that we’re in a recovery, companies are hiring back into their accounting and finance departments. In the accounting sector 48,000 jobs were generated year to date in October – which is a positive sign that accounting is coming back,” said accounting industry professional Janette Marx.
With all of these accounting jobs being filled, a staffing professional will need to stay on top of what companies are hiring and who is looking for new career growth. This is where a high-quality and versatile recruiting software comes into play. Cloud-accessible software provides you with the ability to track your accounting professionals as they are entering the job market and traverse the rocky road of finding new employment.
From entry-level accountants to those who have been in the industry for a considerable time – everyone is looking for a new job and with the right staffing software you can end their search and serve your clients. According to experts, right now experienced accountants are being sought by many organizations.
“One of the big things that we’ve been seeing of late is that demand is high for that five- to seven-year senior accountant, typically a CPA private/public mix. But the supply [of job seekers] tends to be either junior accountants just entering the industry or senior accountants with more experience,” Marx went on to say.
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