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JobStreet.com publishes 2014 employment forecast.

Sales executives once again dominate the hiring scene. In a recent survey conducted by JobStreet.com, most companies (43 percent) see their hiring activities focusing mainly on sales executives. Thirty-seven percent say that they are in need of accountants, while 24 percent of responding companies say that they are hiring mostly marketing practitioners. In 2013, sales and marketing were also the top specializations needed by hiring companies.

With companies posting most of their vacancies during the first three months, Q1 is the best time to look for a job. This demand declines through time, as employers decrease their hire every quarter. Most employers (57 percent) post vacancies in Q1, and only 12 percent say that they are still open for hiring in Q4.

Company expansions seen throughout the year also back up this demand for new employees. Majority (56 percent) of responding companies announced that they will be hiring more people, given that they are expanding their businesses. Only a few (four percent) will hire less compared to last year, while 18 percent say that they will maintain the same hiring rate. Twenty-four percent will hire only to replace vacant positions.

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Title Annotation:Business News
Publication:Manila Bulletin
Date:Mar 22, 2014
Words:193
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