2011 sales job candidate career outlook - monster.com

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SNAPSHOT: SALES U.S. Job Candidates Brought to you by Monster Intelligence September 2011

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The Sales Job Candidate Report offers a concise view of the Sales job market. This study highlights current employment trends and candidate activity across the United States and focuses on Sales professionals and recruiters looking to hire Sales talent.This report provides: An overall look at Sales market conditions and employment forecasts A look at demographics and locations of Sales talent across the United States Insight on Sales professionals and their evaluation of job opportunities

TRANSCRIPT

SNAPSHOT:

SALES

U.S. Job Candidates

Brought to you by Monster Intelligence

September 2011

SALES FOOTPRINT:

More than 843,800 Sales job seekers

have public resumes for employers to

view on Monster

EVERY MONTH in the U.S.:

Candidates viewed Sales jobs

9.9 million times on Monster.com

Candidates responded to Sales jobs

1.2 million times on Monster.com

37,600 new Sales resumes are added

to Monster.com

Sales | Market Conditions Sales Employment Trends

MONSTER EMPLOYMENT INDEX

Copyright © 2011 by Monster, Inc. All rights reserved. No part of this publication may be

reproduced, stored in a retrieval system or transmitted in any form by any means, electronic,

mechanical, photocopying, recording or otherwise without the prior written permission of

Monster, Inc.

2

Top Keywords/Titles Searched

Top Skills and Certificates

Sales Employment Forecasts (Source: Bureau of Labor Statistics: Occupational Outlook

Handbook, 2010-2011; Occupation Employment, May 2010)

As of May 2010, the Sales occupation

employed approximately 13.4 million; the

sector is forecasted to grow by 6% and add

just under one million new roles over the 2008-

2018 decade. Nearly half of this expected

growth is from retail-related roles.

Employment for retail sales persons is

expected to grow by 8% to 4.9 million over the

2008–18 decade. Expansion is due to high

turnover as well as new jobs for expanding

operations and improved customer service.

Employment of cashiers will experience slower

than average growth, rising 4% to 3.7 million,

constricted by the expansion of online

shopping and self-service checkout systems.

Two other key Sales roles include Sales

Supervisors (5% rise to 2.3 million) and Sales

Representatives, Wholesale and

Manufacturing, (7% growth to 2.1 million).

-20%

-15%

-10%

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5%

10%

15%

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110

115

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Index YoY Change

The Sales Monster Employment Index, which

tracks U.S. online recruitment activity, has

reported positive year-over-year growth the past

year.

(Source: Monster Employment Index (MEI):

http://www.about-monster.com/employment/index/15)

(Source: Monster Internal Data, 12-month average,

Aug ‘10 – Jul ‘11)

39%

25%

23%

4%

9%

Sales Reps

Retail Sales

Sales Managers

Sales Engineers

Other Sales

1. Sales

2. Sales Manager

3. Pharmaceutical Sales

4. Sales Associate

5. Retail Sales

6. Outside Sales

7. Inside Sales

8. Medical Sales

9. Sales Representative

10. Sales Management

1. Microsoft Products

2. Customer Service

3. Sales

4. Leadership

5. Communications

6. Project Management

7. Organization

8. Marketing

9. Problem Solving

10. Management

Sales | Seeker Demographics

Post Grad 9%

4 Year Degree

39%

2 Year Degree/ Some

College 33%

Cert/Voc Training

3%

High School

16%

3

Education Level Career Level

Exec. 6%

Manager 40% Mid-

Career 38%

Entry-Level

7%

Student 9%

25%

18%

15%

13%

18%

7%

4%

15+ Years

10+ to 15 Years

7+ to 10 Years

5+ to 7 Years

2+ to 5 Years

1+ to 2 Years

Less than 1 year

Experience Level

• 48% have a Bachelor’s

Degree or higher

• 46% are a Manager or

above

• 43% have 10 or more

years of experience

• Expect to earn a median

of $60,000 per year

Copyright © 2011 by Monster, Inc. All rights reserved. No part of this publication may be

reproduced, stored in a retrieval system or transmitted in any form by any means, electronic,

mechanical, photocopying, recording or otherwise without the prior written permission of

Monster, Inc.

Monster’s Sales Candidates…

Sales | Geography

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The highest volume of Sales resumes are found in California, Texas, Florida and New

York. Reviewing the available talent on Monster per workforce volumes shows the states

with the most active Sales resumes; these states included New Jersey, Massachusetts,

California, Georgia and Rhode Island. Opportunities to obtain Sales candidates may be

less competitive in these areas.

Highest Volume of Available Sales Resumes

8%

7%

4%

4%

3%

3%

3%

3%

3%

2%

New York

Los Angeles

Chicago

Dallas

Philadelphia

Atlanta

Boston

San Francisco

Houston

Tampa

Top 10 US Markets

Copyright © 2011 by Monster, Inc. All rights reserved. No part of this publication may be

reproduced, stored in a retrieval system or transmitted in any form by any means, electronic,

mechanical, photocopying, recording or otherwise without the prior written permission of

Monster, Inc.

14%

9%

8%

6%

4%

4%

4%

4%

4%

3%

California

Texas

Florida

New York

Illinois

Pennsylvania

Ohio

New Jersey

Georgia

North Carolina

Top 10 US States

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Sales | Best Practices In a recent Monster survey of more than 450 Sales professionals, respondents were asked

several questions about how they evaluate a potential job opportunity.

The responses reveal the importance of writing a concise and accurate job description. A

well-written job posting will ideally lead to a more relevant pool of candidates.

Respondents were asked what the most

important criteria was in their job

assessment process. Sales professionals

noted the essential criteria included:

1. Compensation

2. Location

3. Reputation of employer

4. Work/life balance and flexibility

Include criteria which are viewed as

essential to job seekers within a job

posting in order to attract the most

relevant candidates.

Sales professionals were asked about their

biggest frustrations, if any, with advertised

Sales jobs. The greatest frustrations

included:

1. Lack of response from employers

2. Inflated requirements

3. Omission of key criteria

4. Vague job descriptions

Eliminate potential recruiting barriers

that job seekers/candidates’ indicate are

their biggest frustrations.

Respondents rated the structure of a job

posting in order of importance:

1. Requirements

2. Qualifications

3. Job Title

4. About the Company

5. Summary Information

6. Company Name (Logo/Picture)

7. Benefits

Structure job postings in the order in

which job seekers/candidates read a

posting so the posting has the highest

impact.

Sales professionals rated the following job

criteria in order of importance:

1. Salary, Salary, Salary

2. Quality & Security of the Company

3. Location

4. What's the Work Environment Like?

5. Corporate Culture

6. Schedule/Hours - Could be PT/Flexible

Hours

Include information that job seekers

deem important so that they can fairly

evaluate opportunities.

Copyright © 2011 by Monster, Inc. All rights reserved. No part of this publication may be

reproduced, stored in a retrieval system or transmitted in any form by any means, electronic,

mechanical, photocopying, recording or otherwise without the prior written permission of

Monster, Inc.

Sales | Want to Learn More?

The information included in this snapshot is a fraction of the information

Monster collects. Monster partners with thousands of companies around

the globe that use Monster Intelligence data and insights to help with

strategic HR decision-making from Talent Availability to Site Selection.

Please see our Job Conditions Reports for a more in-depth look at:

> Market Conditions:

An analysis of the industry, recruiting trends, and hiring conditions

> Hiring Talent:

A look at talent, including their desired occupations; skills, career, education and

experience level; national concentration; and current job search conditions

> Supply and Demand Analysis:

A comparison of talent supply and talent demand across numerous elements,

helping recruiters to identify opportunity and challenge areas; analysis includes

occupations, job/resume requirements, qualifications, and compensation

To access a full line of research visit the Monster Resource Center at: http://hiring.monster.com/hr/hr-best-practices/market-intelligence.aspx

6

To find out more about

Monster Intelligence, contact your

Monster Representative at

1-800-MONSTER ext. 6333 or

email: [email protected]

Monster is the primary source of information for this report;

it should only be interpreted as a definitive activity report on

Monster and its subsidiaries.

Monster Intelligence offers a number of free reports and webinars that

provide relevant insights into the vital issues organizations face today

Monster

5 Clock Tower Place

Suite 500

Maynard, MA 01754

For more information visit www.monster.com or call your local Monster Representative. 1-800-MONSTER (666-7837)

Monster, the premier global digital employment solution for more

than a decade, inspires people to improve their lives. With a global

presence, Monster works for everyone by connecting employers with

quality job seekers at all levels and providing personalized career

advice to consumers globally.