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Competition for recruiting professionals about to toughen

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Competition for recruiting professionals about to toughen

One in six companies plans to increase staff by 30% or more.

A majority of America's hiring managers expect to increase hiring in the next six months, according to the annual hiring survey by HR research firm DHI Group, Inc. The latest survey found that 61% of hiring managers and recruiters in the US anticipate more hiring in the first half of 2016 as compared to the second half of 2015, a slight uptick of one point from when asked a year ago.

In the next six months, 17% of companies surveyed plan to hire 30% or more professionals, up 5 percentage points as compared to when asked in 2014. With hiring intentions rising, the survey underscores a challenging recruiting environment for US employers, likely to lead to frustration as companies attempt to fill open roles. Further, report indicates that are open 28 working days on average before becoming filled, reaching all-time highs this year.

"The recruiting environment for certain highly-skilled professionals is the toughest I've seen in nearly a decade."

Companies feel the lag, with 45% saying the time to fill open positions has lengthened relative to last year, according to the hiring survey.  The primary reason cited for the backlog is the inability to find qualified professionals (53%) followed by hiring managers saying they're waiting for the perfect match (29%).

Recruitment Market Toughening

In a sign of increased competition among employers, more than a third (37%) of hiring managers are seeing more counteroffers. Signaling it's the candidates' market, 47% of hiring managers say there are positions they are unable to fill due to salary requirements for the roles. In response, more hiring managers (56% in 2015 compared to 49% in 2014) see higher salaries for new hires this year.

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