With tax season 2010 now behind us, its time for an update on where the employment market is and where it is headed.
2009 saw very little hiring at the local, regional and National Firm levels. Firms hunkered down and made the most possible with the barest of human resources. Early indications are that firm wide revenues for 2009 were flat relative to 2008. For many firms, 2008 was a record year for revenues. Still, employees worked more hours of overtime in 2009 than in years past. They did so with no increase in salary of bonus.
With firm revenues continuing to rise for the first 3 months of 2010, somethings got to give.
2010 should be a year of firms adding to staff as well as employees finally feeling comfortable enough to make the leap to new firms. This combination should make 2010 a year with lots of activity.
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