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Too Many Jobs - Too Few Candidates - Jobsonwallstreet.com

by Revi
JobsOnWallStreet.com

BOCA RATON, Fla., April 11 /PRNewswire/ -- Revi Goldwasser, CEO of JobsOnWallStreet.com -- the Leading Financial Services Online Job Board -- states that today, Wall Street firms face challenges in finding candidates to fill their jobs in this niche industry. This is mainly due to a shortage of qualified job seekers.

 

After the market crash of 2000, Financial Services Firms were forced to cut back, downsize and lay off a tremendous amount of professionals in the Wall Street work force. Yet, in the last couple of years, this cycle has shifted. Financial firms have seen revenues grow due to a return of confidence from investors as well as efficient and streamlined operations. With growth and demand at robust levels, financial firms have created numerous new job openings on a nationwide level, but there are not enough qualified financial services professionals to fill these jobs. In fact, financial services job seekers who enter the marketplace entertain multiple job offers, counter-offers and salary increases in the 20% range.

Many firms now look at all options to hire talent, with online resources being a premiere preference. This is mainly due to the affordability and the outreach capability online platforms provide. JobsOnWallStreet.com -- a niche job board for the Financial Services and Wall Street industry -- is a valuable online resource helping Financial firms find talent in this tight market and directing financial services job seekers to the right jobs. The Wall Street industry is growing -- and it's certainly bullish on jobs!

To learn more about the job board, visit http://www.jobsonwallstreet.com/ . You may e-mail Revi Goldwasser at: Revi@JobsOnWallStreet.com . Office number: 561.620.4864.




Article submitted Wednesday, April 13, 2005 & read 386 times.

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