23? DCR VA raciforce [PTS VVUOTIN REPORT #10 | December 2012 SNPS eet oa egs En Note from the Editor In TrendLine this month, we place our focus on the end of the year, uncovering key trending topics, and providing you with actionable insights into the temporary staffing industry. With a wide and diverse array of sources, we analyze contingent worker demand and supply to share with you current market status and predictive forecasts of wage trends. We first compare levels of temporary employment with temporary wages to discover why the two are not in sync with each other. We then provide our groundbreaking forecast of national temporary wages with the DCR National Temp Wage Index, including our thoughts on the current state of the contingent workforce. We also give you a follow-up to our article last month 99 oaline job portal trate trends ly discussing this manth’s decline in online searches. This edition, we conduct comparative analytics to present you with key insights on temporary worker wages, dissected by industry. We pinpoint those industries with increasing and * decreasing hourly wages, and then place special emphasis on the top industries by wage changes, giving you a graphical representations of the changes over the last month and the last year. This section of analysis concludes with a breakdown of the top ten sectors for employment. The Fiscal Clif is a topic on every company’s radar, and we examine the meaning of the term coined by Ben Bernanke, chairman of the US. Federal Reserve, and the impact it will have on the economy, employment, and specifically contingent worker engagement We delve deep into this month's featured trend of gamification to discuss how companies are applying the concept internally to drive revenues, and the advantages and pitfalls of using this new method of user engagement. This article is followed closely by our concluding piece on recruiting via crowdsourcing and how to use the sourcing method effectively face Ya be Warrier, President foDeRyverkoree> Temp Wages: Not in Sync with Temp Employment Oct 12-Oct11 179% 716% Oct 12-Sep 12 0.16% 054% Total temporary worker engagement has increased many times more than the total private employment month over month and also year over year. Risk mitigation, performance, time, and flexibility are the key driving factors for an increased demand in temporary employment. 2560 16.00 E2540 15.90 Eon | | sae F 2aso eed | Boao | asso g 3 2420 sao 8 ‘3 2400 ee ee 15.30 #7280 | 1520 2360 15.10 Jan Feb-12 Mar-12 Apr-12 May-12 Jund2 Juk12 Aug-12 Sep-12 Octa2 —tTemp Employment —s-Temp Wages eS Since the rise in temporary employment is a good economic indicator spread over 26.7% of the total professional and business services, itis not in sync with the rise in temporary workforce hourly wages till September 2012. But from September onwards, both trend lines are making an upward swing, mainly because of increased demand for eee Re eae ee eR ec ee a er ee eee [eee ee te a en a ee ee en wildfires in 2011 also compensated for increased volume as well as increased average wages. Temporary employment increased by 13,600 (Sep-12-Oct-12), and 18,2400 (Oct-11 - Oct-12). Peweeam no 108 106 108 102 100 98 « a perwerkforce Jan-o7 Mar-07 DCR National Temp Wage Index DCR National Temp Wage Index SESS PES ERTS SSSI LSTTPTLIEPITTE SE P2SFSSTIFSFESTI SI SSTASSSEFRSZSETR RS 1 DCR National Temp pe Index ea Hiring Thats the highest level managers He in five years and a plan to hire Ohi for holiday HD O/o increase from 2011 employment Number of seasonal workers managers plan on hiring