When the warm weather hits we notice that people start thinking about moving jobs. Here are some tips from Careerbuilder.com to make your first impression count. http://msn.careerbuilder.com/custom/msn/careeradvice/ViewArticle.aspx?articleid=1110&catid=IV
This year promises to be even more exciting for the quantitative professional. The career information most frequently sought by clients and candidates in the field revolves around salary and other forms of compensation. Whether you are planning to grow your staff this year or are assessing your own career path, here are some points to consider:
Hot Skill Set – Web analytics, pricing, credit analytics, analytically-based strategy.
Fast Moving Market – Candidates (especially at the more junior end) are receiving multiple offers and are going off the market in three to five weeks, much faster than the more typical eight to twelve weeks we’ve been used to seeing.
Relocation Challenges – Many companies are reassessing their relocation packages as the housing market continues to stagnate in many parts of the country. Unless these packages contain a safety net to cushion probable double mortgage payments, many candidates are not able to accept offers that require relocation.
Sign-on Bonuses – are back! In the last 90 days, nearly 40% of all offers have included a bonus as an incentive for candidates to “sign on”.
Cross Industry Job Changes – Candidates are changing industries far more frequently, even at the more senior level. Client companies are making offers to candidates coming from other industries as the talent pool tightens. This provides candidates with an ideal opportunity to expand their knowledge across industries.
Compensation – Many companies are offering more competitive packages to attract top talent. Here are some guidelines:
Vice President/Director $135,000 to $250,000 On the corporate side, this level typically involves managing a group – the bigger the group, the higher the salary. Oftentimes, the top salaries are offered by boutique consulting firms where business development may play a major role in the compensation package. Of course, ability to provide thoughtful leadership and strategic vision is essential at this echelon.
Manager $110,000 to $140,000
This position is often attained as the result of an internal promotion. Interpersonal skills are key – especially those demonstrating initiative, team building and the ability to direct group projects. While technical competence is important, remember that emerging executive-level administrative skills are what really count as you move up the business ladder.
Senior Statistician $80,000 to $120,000
Talented business statisticians with excellent communication skills can command base salaries of up to $120K. To move up from here typically involves picking up management responsibilities or business development skills.
Senior Analyst/Analyst $60,000 to $85,000
These are our most sought after candidates. With a master’s degree in a quantitative discipline and two solid years’ experience in the corporate world, this candidate will often receive multiple offers and be snapped up quickly. The market is red hot for candidates with this degree of experience – back to the level of the dot com boom.
Entry-level Masters $50,000 to $65,000
Demand continues to increase over 2006’s healthy level. Because companies are not always successful in hiring enough talent with one-to-two years’ experience, they will often choose an entry-level candidate with solid academic credentials. Hiring candidates who might require visa sponsorship has become commonplace; clients not willing to do this greatly reduce their pool of applicants.
As we look at trends for 2007 and beyond, we cannot ignore the increasing presence of web analytics. Far more than just analyzing clicks to a site, there are interesting statistics involved. I found an interesting article in the Jamaica Observer that gives a nice overview of what jobs are out there in this field and also some salary information. Wayne Marsh is the author. An exerpt of particular interest is below:
"The standard for these new Internet career opportunities are still being defined as business owners clarify their needs based on the potential of the Internet. However, some have been in existence long enough to create a de facto standard. Below you will find a list of some of the more popular career opportunities that currently exist. I have listed the titles mainly as specialist but you may find many other prefixes or suffixes added to them such as director, vice President, manager, analyst, etc.
Web Analytics Specialist
Web Analytics is the process of transforming statistical data from your website into intelligence. When speaking about website statistics the most frequent statistic quoted is 'hits'. We have come a long way since then, as you can now not only measure how many visitors come to your site but also what path they took to become a customer. A Web Analytics Specialist's job is to analyse data and provide reports in order to facilitate business decisions and help glean relevant insights. The data analysed is not the raw website statistics stored in your server logs, but data generated from a web log analyzer. This is software that converts raw server log file ingredients into meaningful traffic data. As a Web Analytics Specialist you will know if your website is providing a return on investment. If you have an interest in market research or statistical analysis this career path is right up your street"
I would enjoy hearing comments on the web analytics job trends that you're seeing in your market space as well.
Best,
Emily
To view the complete article, please click the link below:
http://www.jamaicaobserver.com/magazines/Business/html/20061230T130000-0500_117305_OBS_NEW_AND_EMERGING_CAREER_PATHS_TO_CONSIDER_IN______.asp
For more information from the author, take a look at their company website at www.wsiwebprofits.com
