Last month I wrote a blog highlighting a hiring trend I’m seeing recently at Paladin. In short, we found that although a recession typically leads to an increase in mid-level interim staffing needs within corporations and agencies, our clients were disproportionally hiring senior/executive level marketers for both direct-hire positions and for interim roles.

To gain a larger perspective, we asked the marketing community for feedback via a LinkedIn poll. We wanted to determine if what we are seeing at Paladin is an anomaly, or actually a hiring trend in marketing departments.

The Findings:

Nearly 60% of the respondents polled said their companies were not hiring at all in 2009. Not shocking given the current state of the economy.

However, what’s interesting is that 30% of the remaining respondents said their organization was hiring due to one of the following three reasons:

-         The need for a fresh marketing approach

-         A shift in business direction

-         Business growth

We also saw that enterprise and mid-sized organization were seeing the least hiring of senior level marketing talent. Small and large organization were the most active.

So, how can this information help marketers who are looking for work? The good news is that there are opportunities, and in order to find those openings, you should keep an eye out for companies that match the three indicators for hiring.  As you network through organizations like the BMA or CIMA, read key publications such as Crain’s Chicago Business and The Chicago Tribune or leverage corporate Facebook accounts and Twitter feeds, keep an eye out for corporations that are taking a distinctly different approach to marketing or to their actual business model.  As always, those companies that are experiencing rapid growth are ideal opportunities for senior marketers as well.

The poll is still up and active. Feel free to participate and add comments. We continue to be interested in tracking this trend. 

As recruiters, we expect to see specific hiring trends during economic downturns. Historically, we anticipate increases in contract/freelance staffing because corporations, which are in the midst of hiring freezes, have laid-off large numbers of marketing and communications pros. With a skeleton staff and the same daunting workload, the inevitable outcome is that organizations bring on contract/freelance staff to fill the gap.

 

Generally the most common need is for mid-level talent with 5-10 years of experience.  The senior level positions are less often requested because strategies have been set and companies want simply to execute on plans.  But 2009 has not played by the standard rules.

 

While we are seeing an increase in contract/freelance hires, we’ve been surprised that another trend has emerged: our staff is recruiting for a significant number of senior and executive level marketing openings across a broad range of industries.  

 

Most recently, we’ve recruited for a CMOs, VPs and Directors of Marketing across a wide variety of industries including retail, telecom, health and beauty and tech.

 

 The question: Why the change in upper management at this time?

 

Are these executive level openings a result of the company taking their business in a different direction, and, thus, needing a new leader with fresh thinking? Perhaps this recession has provided management with the opportunity to clean house and let go of senior marketing staff that have not been able to make a measurable impact. It may be a case of organizational growth despite this challenging environment. Some suggest it may be a case of attrition. Or perhaps it is simply an anomaly that we alone are experiencing within our recruitment practice.

 

To find the answers or at least further the conversation, we are reaching out to our community of Marketing Professionals. As marketers on the front lines, we’re interested in hearing directly from you. Click here to take a five question survey about hiring trends within your organization. We’ll be sharing the findings with our readers, and individual responses will remain confidential. And feel free to comment on the subject here. We value your insight, your questions and your feedback. 

The old adage that “time flies when you’re having fun” really hit home for me this morning. As I was reflecting on the last ten years I’ve spent in the professional working world, I realized that one of the common denominators in each of my positions has been healthcare. 

 

I began my career on the public relations side, working with healthcare systems and big pharma. That interest has carried over into my role in the recruiting world. In the last four years at Paladin, I’ve worked with nearly 30 healthcare associations, providers, insurers and pharma companies, providing a vast array of talent for marketing, creative, programming, membership, training, event and communications departments.  Working with marketers and creatives in this space has allowed me the opportunity to stay abreast of trends, pressures, challenges and nuances in the field.

 

To get an even deeper understanding of these trends, I launched a survey of my healthcare association clients last month. The goal was to better understand the marketing, membership and staffing trends within these organizations.  I think you’ll find the survey results interesting.

 

A few key findings:

- The healthcare association world is a “healthy” one, despite the turbulent U.S. economy. The majority of respondents noted that their overall membership base in continuing to grow and that from an organizational perspective, they plan to continue expanding in other markets.

 

- As with many organizations, healthcare associations are embracing the new social media movement and offering new online and interactive forums to help their members and employees communicate. Facebook and Linked-In are becoming the top social media tools in the communications arsenal of these organizations.

 

- In order to remain competitive, healthcare associations are expanding their product and service offerings in 2009, including e-learning programs, online conferences, and social  media tools.

 

I encourage you to review the full survey findings in the hope that you’ll be able to leverage them as you continue to build marketing and communications campaigns and products for your members this year.

 

http://www.paladinstaff.com/promo/survey-results/

 

I also welcome your insights and hope you will help create a larger dialogue on this topic.  Feel free to comment here, or to contact me off-line with questions, ideas, suggestions, requests or additional resources: elise@paladinstaff.com.

Five to seven years of experience is the magic number. I recently spoke to the director of a mid-sized agency in Milwaukee at a BMA event.  He had a growing agency and needed to build his account service team. However, he had hit an impasse.  He could not find anyone with the 5 to 7 years experience he desired.  It is a conversation I have had with countless agency and corporate clients.  I thought I would share my thoughts on the topic here. I hope it is helpful in framing the issue and brainstorming potential solutions.

Here is my analysis in a not-so-small nut shell:

• Why 5-to-7’s have been the magic number
• Where did all the 5-to-7’s go?
• How this shortage negates the 5-to-7 magic
• Why these 5-to-7’s are even more magical
• Alternatives
• Light at the end of the tunnel
• Another tunnel after that
• Rethinking hiring

Why 5-to-7 is the magic number

For decades HR and hiring managers have gravitated to this candidate profile to build the bedrock of their teams.  5-to-7’s bring a mix of the positive aspects of both junior level go-getters and seasoned senior pros.  Here are just a few of the elements 5-to-7’s bring to the table.

• They are pre-trained with low ramp-up investment or time.

• They have been around the block (at least twice). They have real-world experience in the profession or industry.

• They have a level of business acumen and are able to navigate within systems.

• They have a track record that can help predict how they will produce in the future.

• They have started to develop a network of colleagues and resources.

• They are still open to learning.

• They are still climbing and striving to advance in their careers.

• They are entering a life phase (Marriage? Kids? Going back to school?) that would foster retention. They want stability and to grow with a company.

• They have held or could begin to take on management roles.

• There are generally lots of candidates within this experience range.

• And let’s not forget . . . 5 to 7’s salaries are generally lower than more senior level staff.

Sounds great, right?  It is. And it has been a very successful strategy.  But it isn’t working as well right now. Why?

Where did all the 5-to-7s go?

Like a scene out of “It’s a Wonderful Life,” the answer is…5-to-7’s were never born.

Actually, they were born; they just couldn’t get a job in marketing or advertising.

Think back to 7 years ago.  If you graduated with a degree related to marketing, creative or communications in the year 2002, you were more likely to be a barista than a junior copywriter or marketing assistant.

Classically, each year has a big cohort of recent grads who are hired together. They learn the business from the bottom up. Some are weeded out. Some decide to try other careers. The ones that thrive will have paid their dues, learned the biz, and “apprenticed” under a solid structure of management. They are ready to take the next career step.

For this to work, you need a large “freshman class” of junior candidates.

After the dot.com bust and 9/11, the economy hit a wall. Marketing, creative and communications professions were hit disproportionately hard. Struggling to retain the staff they had, companies simply could not afford to hire new grads and invest the training and vetting time. They had to use the work horses they could count on (yep – the 5-to-7’s of the day).

So, smaller cohorts then mean a smaller pool of 5-to-7 year candidates now.

How this shortage negates the 5-7 magic

HR and hiring managers still want to follow the tried and true practices of the past. They want their 5-to-7’s and they want them now!

But no amount of protesting to Clarence the guardian angel will allow us to go back in time to boost the 2002-2004 cohort. Government 10 year employment stats

The total population of that group is smaller. We are competing for fewer people. But that is not all: the current 5-to-7’s are fundamentally different from the classic 5-to-7’s.

How this cohort is different:

• Not all 5 to 7 years are equal.  Some individuals with 5 to 7 years of professional experience did not have all 5-7 years within the related discipline.  They are not as seasoned in the role.

• Others are more advanced. Many of those that started in the early 2000’s were relied on to wear many hats and to take on responsibility earlier. Therefore, they are further along in their careers.

• The age/life stage sync is out of perfect alignment.  Many of these individuals had to delay their start in the profession. Therefore, they are older than the classic 5-to-7’s and at a different life stage.

• This group had to do more with less. Therefore, they tend to be strong generalists.

• Because they are in short supply and high demand, the current 5-to-7’s can command higher salaries.

Why these 5-to-7’s are even more magical

The 5-to-7’s who started their careers in 2002-2004 were able to gain solid experience. They worked in departments stretched to capacity. They were given opportunities well beyond those they would have had at other times. This may have included managerial experience, coordinating with cross-functional teams, and assisting with strategy. They also had a chance to simply do a lot of work at top speed to compensate for small staffs.

Therefore, when a company hires one of these 5-to-7’s, they are often getting a powerhouse of experience.

That company will also pay more for these super 5-to-7’s.

Alternatives

So, you are a hiring manager and you want to build a team. You want a 5-to-7 candidate. But you can’t find any that hit the mark. Their salaries are out of line with your budget. They have had either too much or not enough experience. They are unwilling to make a move from their current companies.  What do you do?

Think creatively. There is no reason to stay locked to this single strategy if it is not working for you.

• Hire a more experienced candidate.  Those with 10-15 years of experience may be a solid fit. They may also be more competitively “priced” with the 5-to-7’s.

• Hire multiple junior candidates and “grow your own” cohort.

• Hire individuals with experience outside of your niche.

• Restructure work to allow a different mix of workers, including freelance/contract specialists.

• Pony up the cash and adjust the pay grades to gain a superstar 5-to-7 employee.

Light at the end of the tunnel

After 2004, the marketing, creative and communications fields began to rebuild. That means we will have only a few years to wait for this trend to right itself.

The new group of 5-to-7’s is just around the corner.

Another tunnel after that

Looking ahead, we can see two trends looming in the future:

• The same issue will follow the 2002-2004 cohort throughout their career stages.  Therefore, HR and hiring managers will be wise to step up efforts to build succession planning for their mid- and senior-level manager positions within the next 10+ years.

• With the new economic woes of today, we can anticipate a potential reduction in the 2009-2011 entry level cohort, and therefore, a smaller 5-to-7 group starting in 2014.

Rethinking hiring

There are lessons to be learned from the upheavals in our profession over the last 10 years.

• Flexibility: Being able to veer from the tried and true path if it is not working for the organization

• Creativity: Making use of the talent and skills available

• Development: Fostering and retention of the talent we have in our teams and in the profession.