More Than One in Four Companies Increase Hiring in Fourth Quarter

Staff Report

Thursday, September 22nd, 2016

As the year winds down, hiring picks up at many companies, new research from staffing firm OfficeTeam shows. More than one-quarter (26 percent) of human resources (HR) managers interviewed said their organization typically increases hiring in the fourth quarter. Of those, 69 percent of respondents indicated they bring on staff at year-end to fill vacated positions, 62 percent address upticks in business, and 51 percent add new positions.    

HR managers were asked, "Does your company generally increase or decrease hiring in the fourth quarter of the year?" Their responses:

Increase

26%

Decrease

17%

No general pattern/depends on hiring needs at the moment

57%

 

100%

HR managers whose companies increase hiring in the fourth quarter were also asked, "Which of the following are reasons why your company generally increases hiring during the fourth quarter of the year?" Their responses*:

Filling vacated positions

69%

Addressing uptick in business

62%

Adding new positions

51%

*Multiple responses permitted. Top responses shown.

"Holiday festivities and vacations may often be top of mind at the end of the year, but that doesn't mean businesses slow down," said Brandi Britton, a district president for OfficeTeam. "Many companies ramp up hiring in the fourth quarter, offering seasonal jobs or adding staff to prepare for upcoming projects in the new year."

"It can be advantageous for professionals to continue their job search efforts during these months, especially since other candidates may be taking a hiatus," added Britton.

OfficeTeam offers seven tips for making the most of a job search during the fourth quarter:

  1. Freshen things up. Make sure your resume and social network profiles highlight your most recent achievements. If professional photos or job descriptions are out-of-date, be sure to update them.

  2. Polish your skills. Take a continuing education course or pursue certifications to increase your marketability. Stay on top of trends affecting your profession by reading industry books and magazines, and following relevant social media feeds.

  3. Reconnect with contacts. The end of the year provides a prime opportunity to check in with people in your network and let them know you're looking for a position. 

  4. Make a wish list. Compile names of companies you're interested in working for and contact them regarding openings. Schedule informational interviews to learn more and get your foot in the door.

  5. Meet and mingle. At networking events and year-end parties, be prepared to discuss your background and the type of role you seek. You never know who might be able to help in the job search.

  6. Spend your time wisely. Put your abilities to work and gain additional experience by volunteering at nonprofit organizations or finding a temporary position. A staffing firm can help you secure interim or seasonal jobs.

  7. Think outside the box. Retail positions may be the most obvious options when seeking employment in the fourth quarter, but consider other types of companies that might be hiring. Employers in areas such as customer service, hospitality and tourism, insurance, fraud prevention, and shipping and packaging may also require assistance this time of year.