Benchmark Search Employment Insights – March 2024

Benchmark Search Employment Insights – March 2024

Maybe it’s not your first time looking for a job, but it’s your first time in a long time.

If you’ve been out of the game for a while, taking those first few steps can be daunting. You have to dust off the ol’ resume — then figure out if resumes are even still a thing. Do we call them CVs now? Or just go straight to LinkedIn? Do we have to use LinkedIn?

So many questions!

This newsletter won’t answer them all, but hopefully, will give you some inspiration if you’re starting a new job search… or even thinking about it.Enter your text here…

February Jobs Report Highlights

February brought continued good news for the US job market with an impressive 275,000 jobs added. This highlights a positive trend for businesses in the face of economic headwinds. The top-performing industries contributing to this growth were Healthcare ( 67,000), Food & Beverage ( 42,000), Construction ( 23,000), Transportation & Warehousing ( 20,000), and Retail Trade ( 19,000)

The unemployment rate rose slightly to 3.9%, this increase signals a positive trend for employers seeking to expand their teams. There is also a slight increase in the unemployment rate for college graduates to 2.3%.

Referral Needed

VP, Infrastructure, Private Equity (in-office) $300k

VP, Treasury Operations, Private Equity (in-office) $250k

Senior Manager Fund Accounting, Private Equity (in-office) $250

SEC Reporting Manager, Energy (in-office) $185k

Controller, Technology (hybrid) $180k

Operations Associate, Private Equity (in-office) – $175k

Private Equity Associate, Family Office (in-office) – $150k + B

Operations Analyst, Private Equity (in-office) – $125K

Senior Fund Accountant, Private Equity (in-office) – $100k

Senior Accountant, Healthcare (in-office) – $100k

Senior Accountant, Family office (in-office) $95k

Senior Investment Accountant, Family Office (in-office) $90k

Accounting Analyst, Private Equity (in-office) – $90k

Payroll Analyst, Consumer Services (hybrid) – $80k

AR Analyst, Consumer Services (hybrid) – $80k

Look for a Position That Aligns with Your Values

You don’t just want a well-paying job. You want a job you feel good about. You want a job with a company that shares your environmental and sociopolitical values.

A recruiter can help you align yourself with like-minded companies. We get to know our client companies intimately, so we can share open roles with job seekers that seem right on a personal level, not just based on resume points.

It’s also your job as a professional person to learn how to communication your passions and values. If a commitment to sustainability is high on your priority list, you have to reflect that in your resume and cover letter.

If you’re not sure how to communicate your values effectively, work with your recruiter on the best tactics. And if you don’t have a recruiter, reach out.

Get the Most Out of Your Relationship with a Recruiter

We all know that recruiters can help job seekers better prepare for interviews. They can suggest the right approach to answering questions, give you insight into the people you’ll be meeting with, and even talk you through a mock interview.

But in the midst of your job search, you can get more out of your relationship with a recruiter if you know the right questions to ask. They may give you this information without prompting, but keep in mind that you’ll want to learn…

• Which skills are most important to the hiring manager(s) and how you can connect the dots to your own resume and experience

• Not just who will be interviewing you, but what those people are like

• Whether they recommend a certain dress code for the interview

• How many other people are in the running for this role

As a recruiter for the past 18+ years, I have plenty of experience connecting job seekers with potential employers. I lend that experience to the candidates I speak with every day.

Should You Announce a Job Loss on Social Media?

Losing a job doesn’t exactly inspire joy for most people. Even if it it wasn’t the right fit, and had nothing to do with you personally, there’s often a sense of shame that goes along with being fired or laid off. So the advice I’m about to give you might sound counterintuitive, but hear me out.

More and more, I see people sharing their job loss stories on social media — particularly LinkedIn. I once thought of this as “oversharing,” I have to admit, it makes a lot of sense.

First and most obviously, if you want a new job, you’ll likely have to leverage social media to help you find one. Even if you work with a recruiter like me, it’s always a good idea to keep networking in tandem, and networking, today, often means hanging out online.

There’s also far less shame in losing a job than it might feel like in the moment. It’s happening to a lot of people all over the place, so it’s a common experience. Lately, even TikTok has become a place young professionals share their traumatic work experiences and angle for a new role.

The key is to keep it positive. Be authentic and transparent — but never bitter or vindictive. Don’t slam your prior employer. Instead, be humble and grateful for what you learned, and look ahead to what you’d like to do next. With the right approach, social media can really be your ally.

Also your ally: a good recruiter! Hit “reply” if you’d like to launch a new job search today.

Since 2021, Benchmark Search has emerged as a haven for working parents, a testament to our unwavering dedication to creating a supportive and balanced work atmosphere. We are deeply grateful for this achievement, and thrilled to share this heartening news.