NewsTalk

Welcome to the archives for NewsTalk, an IBJ blog published from November 2007 through December 2010.

Headhunter: Market not so bad

October 31, 2008
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A corporate recruiter says employers in Indianapolis arenâ??t acting like their counterparts elsewhere in the country, if headlines are to be believed.

The employment market here has stayed fairly resilient, says Steve Mattei, a partner in Pinnacle Partners Inc.

Pinnacle specializes in accounting and information technology positions that offer $50,000 to $130,000 in annual salary. Those types of jobs tend to weather economic ups and downs better than others, Mattei acknowledges. Nevertheless, Pinnacle has hired employees to keep up with its own demand and anticipates greater revenue this year than last.

Companies â??are certainly not out there throwing money around,â?? he says. But, â??Theyâ??re still moving forward.â??

Some companies have shifted a small portion of IT and accounting positions to contract status, but the number is nominal, Mattei adds.

Mattei says he hasnâ??t analyzed trends in compensation levels. His impression, though, is that compensation isnâ??t dropping.

What do you think? Do Matteiâ??s observations line up with your experiences?
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