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USA Whilst hiring activity across the United States is not yet back to pre-recession levels, job opportunities and salaries are increasing - albeit at a reduced pace compared to previous recoveries. The country"s steady growth continued in 2014 and companies took a measured approach to recruitment as they continued to operate in ‘recuperation" mode. During the year we saw salaries increasing, on average, between 2-4%, with larger increments for exceptional candidates in niche roles. We expect these trends to continue in 2015, with companies focusing on job creation as well as replacement hiring, in turn presenting improved opportunities for candidates. Organizations are also likely to accelerate the recruitment process as they compete for top-tier talent. Overall the outlook for recruitment in the USA is fairly positive, although we expect the pattern of steady growth to continue for a number of years before job creation and salary ination really increase again.

NEW YORK

New York experienced

a slow start to the year, although this was more attributable to severe weather than economic conditions.

However, recruitment picked up in quarter two

with strong demand in specialist areas such as IT, risk and banking compliance. Tighter regulation and regulatory sanctions have forced banks to increase their compliance infrastructures. As a result, experts in this area will remain a hiring priority in 2015 and beyond, as will project managers who can help streamline operations in banks.

With budgetary constraints still in place, some

companies continued to shift core functions to shared service centers in low-cost areas of the USA. This trend is likely to continue in

2015, while nancial concerns will also keep

salary growth in check across the board.

We anticipate marginal salary increases of

around 3-4% in line with ination, apart from in those high-demand specialist areas where candidates can expect increments of up to 10%.

In 2015 we expect to see candidate shortages

in software engineering, sales and front-end development within IT, and from a banking perspective in compliance, risk and regulation.

Companies will need to move quickly and pay

a premium to secure top-tier candidates in these areas.

SAN FRANCISCO

Technology recruitment remained extremely

buoyant on the West Coast of the United

States.

With many of the major technology companies

headquartered in and around San Francisco, as well as countless venture capital-funded start-ups gaining momentum, we saw increased demand for talented professionals across the tech space.

Recruitment activity was especially active in

the mobile industry. With a distinct shortage of mobile engineering and design talent in the market, specialists in these areas were in very high demand. So too were product managers with mobile experience, as well as user acquisition specialists. Big data professionals who can help companies understand and analyze consumer behavior were also key hiring priorities.

We saw upward movements in salaries during

the year, although many candidates continued to prefer stock equity to cash incentives or bonuses. Companies will need to provide lucrative offers if they want to secure top candidates in 2015, while exible working, unlimited vacation allowances and other generous perks remain key retention tools in this market.

Looking ahead, we anticipate ongoing

expansion of opportunities on the West Coast, particularly as several of the major late-stage start-ups prepare for IPO. Continued ‘disruptive innovation" (such as the Internet of Things) will also stimulate hiring activity in 2015 and beyond. USA

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