2009 job market has bright spots

Even in the current economy, certain skill sets remain difficult to find, according to the 2009 Salary Guides from Robert Half International. The recently released guides point to modest overall salary increases for accounting, information technology and administrative roles, but highlight specialized expertise that can enhance a professional's marketability. This includes global experience for accounting professionals and Web development skills for IT professionals.

“Companies highly value employees who can identify cost efficiencies, develop long-range business strategies and maximize the use of technology,” says Max Messmer, chairman and CEO of Robert Half International. “Adding to the competition for those with specialized skills is a growing reluctance on the part of many professionals to leave secure employment situations in an unpredictable economy. This has made it a challenge for hiring managers to attract these workers.”

Accounting and finance
Overall, the 2009 research forecasts a salary increase of 2.8% for finance and accounting staff. Companies are showing the most interest in professionals who can help their firms reduce inefficiencies and enhance profitability. Those who are familiar with International Financial Reporting Standards (IFRS) also are marketable.

Following are three in-demand finance and accounting positions:
Analysts: Companies are seeking analysts with experience in financial analysis, data flow analysis and project management skills who can bring strong leadership and analytical skills to the table. Starting salaries for management-level analysts at small/midsize companies (up to $250 million in sales) are projected to range from $68,250 to $91,500.

Public accountants: Public accounting firms continue to look for highly skilled professionals to help clients address fundamental accounting, tax and audit issues. Firms seek experienced accountants who can help offset an anticipated acceleration in baby boomer retirements in coming years. Starting salaries for senior accountants at large public accounting firms (more than $250 million in sales) are forecast to range from $63,500 to $78,000.

Accounting clerks: Organizations are relying on individuals who can help reduce inefficiencies and enhance profitability by promptly handling purchase orders and assisting with accounts payables and receivables. Accounting clerks are expected to see starting salaries of $31,000 to $40,750.

Information technology
IT unemployment remains low relative to many other occupations, driven by the increasing complexity and proliferation of new technology and the need for professionals to support Web 2.0 initiatives to enhance creativity, collaboration and functionality on the Web. Overall, IT salaries are expected to increase by 4.3% next year. A smaller pool of highly skilled candidates for technology positions, coupled with fewer college graduates with IT-related degrees, is making it difficult for employers to hire and retain individuals within many specialties. In-demand IT positions include application architect/developer, database manager and technical support.

The new salary guides include the 2009 guide from Robert Half International for accounting and finance positions, produced by Accountemps, Robert Half Finance & Accounting and Robert Half Management Resources; the Robert Half Technology 2009 Salary Guide for technology professionals; and the OfficeTeam 2009 Salary Guide for administrative positions.

To order a free copy of the 2009 salary guides, visit www.rhi.com/SalaryGuides or call (800) 803-8367.