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Inflation will reshape, not slow down hiring: Addison Group

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Older workers are also reentering the candidate pool

According to the “2023 Workforce Planning Guide”, inflation will reshape hiring, not slow it down. This according to the report by Addison Group, a Chicago-based staffing firm.

The report reported that candidates are becoming more selective as inflation raises costs. And while there are some signs of relief at the gas pump — possibly prompting some workers to return to an office — inflation is still driving up salaries. Older workers are also re-entering the candidate pool.

It also revealed that candidates are looking for more than salaries, they are seeking a healthy work-life balance in addition to flexible schedules and increased health and wellness support, such as gym memberships and counseling.

Phil Gaddis, President of Finance and Accounting Search at Addison Group said: “Counteroffers remain at all-time highs, with candidates negotiating higher salaries, sign-on bonuses and flexible work schedules.”

The report also listed key roles in high demand — including national average pay — in administration, digital marketing, finance and accounting, nonclinical healthcare, human resources, and IT. Some included:

  • Financial planning analyst, $110,011
  • Controller, $137,908
  • Accountant, $79,823
  • Health information management director, $91,340
  • Utilization review specialist, $50,407
  • Chief diversity officer, $162,392
  • Information security manager, $115,956
  • Cloud engineer, $116,292

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