Engineering Professionals, While Among Most Satisfied, Perhaps Suffer from an Inferiority Complex
Monster surveys show engineering employees believe the job market is saturated, lack confidence in opportunity; yet, employers report expectations of high demand.
MAYNARD, Mass.--(BUSINESS WIRE)-- Monster.com, the worldwide leader in successfully connecting people to job opportunities and flagship brand of Monster Worldwide, Inc. (NYS: MWW) , released new survey results detailing respondents from the survey in the Engineering field are both most satisfied in their current job while also not confident in their job prospects due to a number of reasons.
Among employed job seekers recently surveyed, engineers expressed the greatest satisfaction with all aspects of their job (42%), edging out finance and healthcare respondents. Despite these high levels of satisfaction, engineers believe they face some challenges in the job market:
Over one-half (57%) state that the job market is saturated with qualified talent
Only 37% agree that employers are willing to provide the time and training to support a job
Only 27% agree that employers are willing to provide higher compensation than 12 months ago
Only 11% are extremely confident they could find a new job in the next year
The employer perspective is quite different, however. According to a recent Monster survey of employers recruiting for engineering talent, a majority (73%) reported they were likely to hire this year, yet less than one-half (39%) were confident in staffing all their engineering job opportunities due to a lack of qualified candidates, highly specialized job requirements and non-competitive salaries.
"The marked contrast in engineering job market perceptions of job seekers versus employers is curious," said Jeffrey Quinn, Vice President of Monster's Global Insights. "Enterprising seekers might take advantage of these dynamics, if many other potential employees are largely sitting on the sidelines."
The top occupations within the engineering field include industrial, mechanical, and electrical engineers especially in cities such as Houston, New York, and San Diego.
Top 10 Occupations:
Electronics Engineers, Except Computer
Electronics Engineering Technicians
Industrial Engineering Technicians
Industrial Safety and Health Engineers
Computer Hardware Engineers
Top 10 Markets:
New York, NY
San Diego, CA
Los Angeles, CA
San Francisco, CA
San Jose, CA
About the Survey
From the unique perspective of the job seeker, the Monster Workforce Talent survey captures the likeliness of those employed and unemployed to actively search for a job, the challenges they face in a search as well as motivating factors driving them to seek out a new job. This is the eighth significant finding of Monster's Workforce Talent survey of nearly 6,000 registered Monster users, covering general job market insight and sentiment. For a full copy of the survey, visit the Monster Resource Center.
Monster's study "U.S. Workforce Talent" surveyed nearly 6,000 job seekers who are currently employed or desire employment in the next 12 months via an online survey. The study was designed to be inclusive of all Monster job seekers who have actively used their My Monster account over the past 3 years. The survey ran from January 14, 2013 to February 18, 2013.
About Monster Worldwide
Monster Worldwide, Inc. (NYS: MWW) , is the global leader in successfully connecting job opportunities and people. Monster uses the world's most advanced technology to help people Find Better, matching job seekers to opportunities via digital, social and mobile solutions including monster.com®, our flagship website, and employers to the best talent using a vast array of products and services. As an Internet pioneer, more than 200 million people have registered on the Monster Worldwide network. Today, with operations in more than 40 countries, Monster provides the broadest, most sophisticated job seeking, career management, recruitment and talent management capabilities globally. For more information visit about-monster.com.
By Volume, Monster Internal Data, Past 120 Days
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Kristen Andrews, 978-461-8089
KEYWORDS: United States North America Massachusetts
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