July 12, 2024

Benchmark Search Employment Insights – July 2024

This summer, be ready to navigate the dynamic accounting career landscape with actionable insights for the summer hiring surge. Enhance your LinkedIn profile, create strategic networking opportunities, and partner effectively with recruiters. Discover the importance of honest communication in interviews, and master salary negotiations. Join us to boost your accounting career.

June Jobs Report Highlights

 

The latest jobs data are here and it presents a balanced perspective: robust hiring continues, complemented by a slight rise in the unemployment rate.
Key Takeaways:

  • The U.S. economy added 206,000 jobs in June, indicating sustained economic growth.
  • The unemployment rate rose to 4.1%, reaching its highest point since November 2021.
  • Significant job gains were observed in Healthcare (+49,000) and Construction (+27,000).

The job market demonstrates remarkable resilience. Although the uptick in unemployment calls for observation, it also reflects a dynamic economic environment. For job seekers, this is an opportune moment to distinguish yourselves by emphasizing your unique skills and experiences. Employers should consider this an ideal time to enhance recruitment strategies to secure top talent. How do you anticipate this report will impact your current situation?

Enter your text here…

Hot Jobs
 

Here are a few of our top opportunities. We pay referral bonuses for candidates successfully placed:

Senior Tax Manager
, Oil and Gas, $180k

Controller, Automotive, In office, $150k

Controller, Healthcare, In office, $135k

Tax Manager, Professional Services, Hybrid $150k

Tax Manager, Public Accounting, Hybrid $140k

Accounting Manager, Family office, hybrid $120k

Cost Accounting Manager, Construction, In office $110k

Accounting Manager, Manufacturing, In office, $100k

Tax Senior, Professional Services, Hybrid $100k

Associate Financial Planner, Wealth Management, Hybrid $100k

Tax Senior, Wealth Management, Remote $90k

Tax Senior, Wealth Management, Hybrid, $90k

Senior Accountant, Non-Profit, in office, $90k

Senior Accountant, Manufacturing, in office, $90k

Staff Accountant, Non-Profit, in office, $75k


View more open roles on our website!

Land Your Dream Accounting Job This Summer

The summer hiring is in full swing! This is the ideal time to advance your accounting career. With the right strategy, that dream role can be found.

  • Polish Your LinkedIn Profile: Make a lasting impression on potential employers by highlighting your accomplishments abilities and journey. Add pertinent keywords to your summary and headline also remember to emphasize your certifications and endorsements.
  • Network Strategically: Get acquainted with key individuals in your industry. Through networking one can find undiscovered employment opportunities.
    • Partner with a Recruiter: Acquire access to exclusive job opportunities and tailored guidance. You can get a competitive edge by connecting with hiring managers through recruiters.

    Adopt these tactics to take advantage of the hiring boom this summer. Reach for your ideal accounting position—grab it!

    No More Ghosting in Hiring

    Ghosting has now crossed into the professional world, where more than half of the job seekers have been ghosted post-interview. This not only disrespects the candidates but causes harm to the reputation of the company.

    Benchmark Search is proud of its open and respectful recruitment process. We respect the fact that job searching is a long and hard process for any individual, and so we do our best to extend a professional courtesy to all candidates.

    Our reputation speaks to mutual respect and assurance that candidates find the correct positions. Effective communication lessens candidate anxiety while guarding the integrity of hiring. We work hard to ensure each turn is clear and respectful for all our candidates. What does effective communication mean to you regarding hire? Join the conversation on improving the candidate experience.

    The Truth About Interview Lies

    Entering the competitive world of accounting and finance recruitment can tempt one to exaggerate or lie on resumes and during interviews. However, is it worth the risk? A Business Insider article highlights three common lies: overstating skills or experience, concealing true salary expectations, and faking interest in corporate culture.

    As a leading accounting and finance recruiter, Benchmark Search advises against such approaches. Building relationships on trust through honesty and transparency ensures better matches between candidates and companies. Interviewers seek cultural fits aligned with the company’s values and mission. Mismatched expectations lead to dissatisfaction and costly turnovers.

    Have you ever felt the urge to lie during a job interview? Share your experiences anonymously in the comments below. Let’s discuss the importance of honesty and integrity in the hiring process and work towards a more transparent recruitment market.

    Your ultimate guide for salary negotiation

    Knowing your worth is crucial for successful salary negotiations. Arm yourself with knowledge before negotiating. Here are essential guidelines:

    • Do Your Research: Investigate industry salary averages for your position on websites like Glassdoor, Salary.com, or LinkedIn Salary. Adjust for location, company size, and specific skills.
    • Highlight Your Value: Use impact-oriented language to describe your achievements. Quantify results, such as “Increased sales by 15%” or “Reduced project costs by 10%,” to justify your salary expectations.
    • Practice Makes Perfect: Memorize your negotiation pitch. Be clear, concise, assertive, and specific about your desired salary, based on research and your value. If the offer is insufficient, provide a well-reasoned counteroffer.
    • Keep It Professional: Treat negotiation as a conversation, not a confrontation. Be respectful, listen actively, and aim for a mutually beneficial outcome. Building positive relationships with potential employers is important but ensure fair compensation for your skills.

    Wanting a higher salary reflects your value, confidence, and commitment to your career. You just need to do this homework—be it about the market or enhancing what you can offer—and prepare your clear logic and pitch. Go into the negotiation with confidence and know that you are worth what you’ve earned.

     



    SUBSCRIBE TO THE CANDIDATE
    INSIGHTS NEWSLETTER

    SUBSCRIBE TO THE EMPLOYER
    INSIGHTS NEWSLETTER