Inflation will reshape, not slow down hiring: Addison Group

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

The report said 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 reentering the candidate pool.

It also noted 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.

“Counteroffers remain at all-time highs, with candidates negotiating higher salaries, sign-on bonuses and flexible work schedules,” said Phil Gaddis, president of finance and accounting search, Addision Group.

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