2018 Method s Forum. February 2018
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1 2018 Method s Forum February
2 Agenda z I. Opening Discussion II. About Aerotek III. Labor Market Overview IV. What You Can Do V. Conclusion ATTENDEES Emily Pye Aerotek Inc. Account Manager Engineering & Scientific
3 Aerotek Quick Facts Industry Recognition Staffing Industry Analysts (SIA) #1 U.S. Provider of Scientific/Clinical Staffing #1 U.S. Provider of Engineering Staffing #1 U.S. Provider of Office/Clerical Staffing #5 U.S. Provider of Industrial Staffing G.I Jobs Top Military Friendly Employer Inavero Best of Staffing Client Satisfaction Best of Staffing Contractor Satisfaction Workplace Dynamics Top 150 Workplaces in the U.S National Assoc for Business Resources National Best & Brightest Companies to Work For Privately Held Organization 2016 Revenue $5.6B 2015 Revenue $5.5B 2014 Revenue $5.3B 250+ Aerotek field offices throughout North America & Europe 18,000+ Active Customers 100,000+ Active Contractors 3,500+ Recruiters who are industry aligned to ensure they are well versed in the nuances of the industries they serve. Our Mission To bring great people and great organizations together Our Vision To be the best by striving for excellence through serving others Our Values Character, Competitive Spirit, Relationships and Serving Others Our People Are Everything Recruiter WorkSpace (RWS) is our proprietary web-based applicant tracking system that houses more than 28 million candidate resumes
4 Aerotek Divisions AVIATION Business Aviation Commercial Aviation Federal Agencies/Military COMMERCIAL Distribution & Warehouse Manufacturing & Production Operations & Facilities Management CLINICAL Biotech/Pharmaceutical Medical Device Clinical Research Organizations (CRO) Universities, Hospitals and Research Sites. ENERGY Alternative Power Oil & Gas Traditional Power ENGINEERING & ENVIRONMENTAL Architecture & Engineering Construction Services Environmental & Remediation ENGINEERING & TECHNOLOGY Aerospace & Defense Automotive Consumer & Industrial Products Medical Products & Devices SCIENTIFIC Applied Health Services Chemical & Consumer Products Life Sciences PROFESSIONAL SERVICES Corporate Locations Contact Centers Shared Service Centers ASTON CARTER Accounting Audit Finance Tax Treasury
5 Aerotek Scientific LLC Life Sciences Chemical & Consumer Products Applied Health Services As the largest U.S. provider of clinical/scientific staffing according to Staffing Industry Analysts, Aerotek recognizes the complexities associated with staffing a highly regulated industry. Through Aerotek Scientific LLC, a subsidiary of Aerotek, we partner with companies that conduct scientific research, development, testing and manufacturing of products in both laboratory and field settings. Aerotek Scientific LLC provides quality personnel for the following industry segments: Life Sciences Chemical & Consumer Products Applied Health TOP SCIENTIFIC SKILL SETS Case Managers Chemical Engineers Chemists Lab Assistants Laboratory Technicians Material Scientists Microbiologists Molecular Biologists Pharmacists Pharmacy Technicians Phlebotomists Quality Control and Quality Assurance Professionals Research Associates Research Professionals Reviewers and Telehealth- Nurse/Case Manager Scientists and Regulatory Affairs 5
6 Delivering Quality Candidates Our consultative engagement process details from start to finish how the perfect candidate is selected for your position. PHASE 1 PHASE 2 PHASE 3 PHASE 4 PHASE 5 ANALYSIS & QUALIFICATION SOURCING SCREENING SELECTION PERFORMANCE MONITORING 6
7 Labor Market Skill Gaps Uniting and working consultatively with local education (Community Colleges, High Schools, Vocational Schools) Slippery Slope Some business are turning work down due to lack of Labor Some business are relying on OT to get work done This can be dangerous as it can wear down workers and lead them to seek other employment What has changed? Current or Too Specific Job Postings? Are educational requirements truly relevant? What does internal training and development look like? Are the wages valid for the current market or stuck in the past? It is much harder to pay 2014 wages in 2017 than it was to get away with paying 2009 wages in
8 Economy Overview- United States
9 Unemployment by Occupation Group
10 Top Cities Posting Jobs Job Title Total Job Postings Nov 2016-Dec 2017 Unique Job Postings Nov 2016-Dec 2017 San Diego, CA 8,148 1,536 Houston, TX 8,436 1,502 Los Angeles, CA 7,020 1,153 Chicago, IL 5,562 1,064 New York, NY 4, St. Louis, MO 6, Atlanta, GA 5, Austin, TX 4, Madison, WI 4, Boston, MA 4, San Antonio, TX 5, Dallas, TX 4, Cincinnati, OH 4, Occupations included: Lab Tech Chemist Biologist QA/QC Scientist Nationwide: 130,000+ Unique Job Postings Seattle, WA 5,
11 National Job Demand Overview Job Title Total Job Postings Nov 2016-Dec 2017 Unique Job Postings Nov 2016-Dec 2017 Laboratory Technicians 420,870 77,172 Chemists 160,811 31,491 Research and Development (R&D) Scientists 51,082 9,646 Microbiologists 23,379 4,688 Quality Assurance (QA) Associates 9,445 2,157 Quality Control Laboratory Technicians 8,062 1,803 Quality Analysts 6,587 1,706 Quality Control Scientists 8,837 1,526
12 Top Hard Skills
13 Occupational Outlook Occupation Occupations 2017 Jobs Growth Rate Projected Annual Openings Medical and Clinical Laboratory Technicians 162,416 3% 14,553 Medical Scientists, Except Epidemiologists 110,831 2% 11,700 Chemists 87,659 1% 9,278 Biological Scientists, All Other 37,068 1% 3,683 Microbiologists 22,387 2% 2,351
14 Compensation Trends Median Pay Rates Entry-Level Intermediate Senior/Supervisor $46 $45 $30 $34 $38 $19 $21 $24 $27 $31 $36 $32 $38 $21 $23 $26 $31 $37 QA Coordinator QC Technician Scientist Clinical Research Chemist Laboratory Technician Microbiologist
15 Leveraging Your Brand
16 Understanding the Talent Market Younger generations want advancement & challenge while older generations prefer the same industry Millennials (Ages 18-35) Gen X (Ages 36-50) Baby Boomers (Ages 51+) Concerned about the lack of advancement opportunities 50% 42% 28% Unsatisfied with the leadership of senior mgmt. 40% 43% 42% Wanted more challenging work 43% 31% 22% Unsatisfied with the compensation or benefits 40% 29% 23% Unhappy with the rewards/recognition for my contributions 35% 30% 25% Disagreed with overall direction of the organization 25% 27% 25% Interested in trying out a new industry 21% 11% 7% Variances in values and motivations make it more important than ever that employers clearly understand their staffing requirements and develop a hiring process that capitalizes on labor market variables in order to attract the most suitable candidates to meet their needs
17 THANK YOU We look forward to servicing your staffing needs! Find us on Facebook Facebook.com/Aerotek Find us on LinkedIn Linkedin.com/Aerotek Find us on Twitter 17
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