SOURCE: Chameleon Technologies

February 20, 2007 11:00 ET

Candidate-Driven Marketplace Requires Companies to Understand How to Compete

Kicking Off 2007, Chameleon Technologies Sees the Continuation of a Candidate-Driven Marketplace and Offers Area Companies Simple Tips to Capture New Hires

SEATTLE, WA -- (MARKET WIRE) -- February 20, 2007 -- Staffing experts at Chameleon Technologies (www.chameleontechinc.com), a technical staffing and professional services company, confirmed today that the Seattle-area job market continues to be driven by candidates. Emphasizing continued growth in the region, these findings suggest that companies will need to aggressively compete for top-notch talent, especially around benefits and pay.

Based on early-year findings from internal company data and employee surveys, Chameleon Technologies has identified the key 'hotspots' for employees -- areas where companies can focus to win desired new hires. These include expansive health benefits, competitive salary, matching retirement plans, increased vacation, and a fast-acting hiring manager or human resources group.

"As we kick off 2007, we continue to find a very competitive market for good candidates," said co-founder of Chameleon Technologies, Mike Luckenbaugh. "In order for companies to be able to secure the talent they need, they'll have to outperform their competition in key hiring areas. Candidates are interested in high quality benefits and want, to some extent, to be courted. Slow hiring managers or employers will suffer a loss of desired candidates to those companies that execute swift hiring action."

Chameleon revealed a complete set of tips for employers looking to hire top-notch talent in today's job market:

--  Offer family health plans at low or no cost to the employee
--  Compensate adequately for the higher cost of living now prevalent in
    Seattle
--  Match employee retirement plans
--  Increase vacation for employees after two years to, at a minimum,
    three weeks
--  Act quickly when sending offer letters
    
"It's challenging for companies to keep up with the growth in the greater Seattle area marketplace," adds Melissa Acton, the other co-founder of Chameleon Technologies. "The number one priority for many of our area businesses is to add talented team members, and the only way they'll be successful is to understand what candidates want and offer it to them as best they can. Even we must compete in the same way when hiring our own employees. Interestingly enough, we find that many candidates prefer the same flexibility."

Chameleon Technologies released its 2006 trends last December emphasizing the need for flexible, contract-status candidates, remote-office employees, candidates with refined skill sets, specifically related to Java technology, an interest in diverse workplaces, and an increased effort in finding the perfect match for positions. The company will continue to report on the status of the job market using quarterly and annual findings.

For more information on these trends or to speak with Chameleon Technologies executives about these trends, please contact Jennifer Karkar Ritchie at 206-932-2454.

About Chameleon

Founded in 2000, Chameleon Technologies matches technically skilled professionals to contract, contract-to-hire and permanent positions within well-known local brands across a variety of industries. Chameleon is known for successfully placing professional candidates in key positions among its established clientele. Uniquely, the company takes into consideration individual career goals and skill sets, thoroughly screening each candidate with in-person interviews, technical testing and review of professional references. Located in Kirkland, Wash., Chameleon helps area businesses, including Microsoft, Costco, Bill & Melinda Gates Foundation, Zillow.com, Amazon.com, Safeco, Premera, and others find the talent they need to foster business growth. For more information, please visit http://www.chameleontechinc.com.

Contact Information

  • Media Contact:
    Jennifer Karkar Ritchie
    REVOLUTION PR on behalf of Chameleon Technologies
    (206) 932-2454
    Email Contact