TRU Tips | September 2023

The TRU Staffing Partners Hot Jobs newsletter provides readers with a weekly tip for our professionals and hiring managers in the data privacy, ediscovery, and cybersecurity spaces. With more than 12 years of experience in staffing and recruiting for our industries, our TRU Tips are relevant and crucial for anyone hiring or job hunting in our communities.

September 6th, 2023

Raises higher than 7% to 10% over the next two years are highly unlikely due to macroeconomic conditions. However, salary increases at the point of hire are maintaining post-pandemic percentages based on high demand and low supply of candidates, especially for mid-market professionals.

Top 3 insights on data privacy professional salary growth:

1. The more skills and experience a privacy professional has, the more compensation and perks come their way – and increases are dramatic and plentiful.
2. There has been a 10% increase in base salary from 2019 based on raises.
3. Between 2021 and 2023, privacy professionals received double the raises as they had the previous two years.e.

September 13th, 2023 

According to BambooHR’s 2023 Report, HR professionals and hiring managers should consider using data-driven approaches to measuring employee happiness.

Top 3 takeaways from the BambooHR 2023 Report:

1. In the technology sector, employee happiness is plummeting fast. Beyond industry-wide financial stumbles, unpopular return-to-office mandates may be to blame. Human resources professionals should reconsider and advocate for flexible or fully remote work environments

2. Overall, June 2023 represented an all-time low for employee happiness, which peaked near the beginning of the pandemic in April 2020. 2023 mirrors the dramatic, atypical patterns we saw during the first months of the pandemic.

3. Like employee happiness, volatility has decreased throughout 2023. Employees aren't experiencing highs or lows—instead, they are expressing a sense of resignation or even apathy.er.

September 20th, 2023

The higher an employee's bonus potential, the more likely they are to stay in their current job from Labor Day to New Years Day.

Top 3 reasons to hire aggressively in September and October:

1. Roles that pay $150K+ become harder to fill after October because qualified candidates are waiting for year-end bonuses.

2. Sales and business development professionals often like to use Q4 as ramp time in a new role so they can hit targets for 2024 goals.

3. New hires are most refreshed and ready to start a new job after a summer holiday/vacation. 

September 27th, 2023

According to Glassdoor’s Employee Appreciation Survey, more than half (53%) of employees admit they would stay longer at their company if they felt more appreciation from their boss. Watch our latest webinar to learn about creating a culture of giving using technology.

Top 3 TRU trends in September 2023:

1. 33-55% of jobs filled will be contract.
2. 22% of TRU contractors have been asked and accepted conversation to full-time employee in June, July, and August.
3. 20% of contractor jobs are part-time/fractional opportunities.