Wednesday Jun 19, 2013
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TopGrading Solutions Finds That Unemployed Candidates Are Willing To Wait For Better Compensation
TopGrading Solutions recently conducted research to determine how long an unemployed candidate would wait before taking a cut in salary . (Port St. Lucie, FL) – TopGrading Solutions recently conducted research to determine how long an unemployed candidate would wait before taking a cut in salary . The search firm is a perennial President Club winner within the MRINetwork®, the world’s largest search and recruitment organization.  It works domestically and internationally with a focus on the industries of Payments and Prepaid Systems; Retail and Hospitality Technology; and Supply Chain Planning, Purchasing, and Consulting for both permanent and contract hires.

TopGrading Solutions has spent the last 3 months surveying candidates from the Payments and Retail Technology Sector to determine exactly how long they would hold out before taking a new job at a lower salary, if they lost their job today. Results indicate that despite the unstable economy, people are still willing to wait for better, or at least equal compensation.  29.7%: The majority of candidates surveyed, indicated that they would wait at least 120 days (4 months) before considering a cut in their annual salary.  20.3% said they would wait 60 days (2 months) while another 20.3% said they would not take a cut in pay.  16.9% would wait 90 days (3 months).  Only 12.8% would consider it after the first 30 days of unemployment.



Ed Schmitt, who specializes in recruiting sales and marketing professionals for companies who offer payment solutions, finds many of his candidates optimistic that the right job with the right money is out there somewhere. “The job market seems to be bouncing back.  As we come to the end of this quarter and budgets are set in stone, companies are loosening their purse strings to meet their goals for 2009.”

Although the industry has had its problems with security breaches and large mergers, it seems that companies are anxious to rebuild their portfolios. “Most of these companies have had a poor end to 2008 and slow start to 2009.  They are making moves to bring their companies back to their former glory and candidates are aware of this.”

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About TopGrading Solutions:
TopGrading Solutions, Inc. is an MRINetwork® affiliate with offices in Florida and Massachusetts. TopGrading Solutions builds the Heart of Business by helping our clients locate and place Impact Players – that top 10% of the workforce that accounts for 90% of business impact. Its industry specialties include Payment Systems, Retail Store Systems, and Supply Chain Demand Planners and Consulting. Visit TopGrading Solutions at www.topgradingsolutions.com .

About MRINetwork:
Management Recruiters International, Inc, branded as MRINetwork®, is a subsidiary of CDI (NYSE:CDI), a global provider of engineering & information technology outsourcing solutions and professional staffing (www.cdicorp.com).  MRINetwork has more than 1,000 offices in over 35 countries.

Contact:
Larry J. Breault, President                        (772) 871-1100
TopGrading Solutions                               julie@topgradingsolutions.com
756 SE Port St. Lucie Blvd.                       www.topgradingsolutions.com
Port St. Lucie, FL 34984

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