25% of Companies Freeze Salaries, Some Propose Job and Salary Cuts; EmploymentCrossing Rakes in High–Paying Jobs (2009-02-11)
As the unemployment rates are climbing to new highs, month after month, many companies plan to freeze salaries, this year. 25% of employers froze salaries and 20% were considering such a move according to a survey which was conducted in January. About 400 employers participated in the survey. Meanwhile, many recruiter agencies and placement companies are trying to keep up with a soaring demand for jobs from the job seekers’ side. EmploymentCrossing, one of the leading job boards in the world, is posting more and more high-paying jobs on its site, scouring them from the remotest sources in the country.
Millions of Unemployed Professionals Waiting in the Stands; EmploymentCrossing Doing its Best to Post More and More Jobs (2008-12-16)
As the unemployment rates are climbing to new highs, month after month, state agencies that distribute unemployment benefits are doing some hiring of their own. They are trying to match the laid-off with an ever-shrinking work pool by increasing overtime, expanding hours and adding telephone lines and computer terminals. Many recruiter agencies and placement companies are trying to keep up with a suddenly soaring demand for jobs as various businesses cut costs to adjust with sagging sales.