If you think you are experiencing hiring difficulties, be happy you are not on Wall Street:
Fresh off some of the richest bonuses ever handed out, investment bankers and traders, especially those who deal with leveraged debt, are in high demand. In some cases, bidding has driven newly hired employees into the arms of a rival in mere weeks.
That statement seemed like hyperbole until later in the article:
Securities-industry employment rose to 804,000 at the end of 2006 after a third consecutive year of increases. The employment figure is just 4% shy of the all-time high set in 2000, according to the Securities Industry and Financial Markets Association.
The market is tight everywhere and especially in sales. Old hiring strategies are being left in the dust. If you are sticking to a newspaper ad, good luck. If you are posting a job description as an employment ad, be prepared to wait. The changing market requires a process for effective sourcing and selection.