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auto industry rebound

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Jean

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Aug 16, 2012, 3:50:57 AM8/16/12
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Michigan begs for $100,000 engineers after auto industry
rebound
By Jeff Green and Mark Clothier


Andrew Watt says he figures the shelf life of an auto
engineer looking for a job in Michigan is about three days.
Companies that wait longer than that will have to get back
in line for the next candidate.

"If their skills are even on the edges of automotive, they
can get a job," said Watt, whose iTalent LLC in Troy finds
engineering and information technology workers for companies
in nine states. "There's an extreme shortage. There's way
more demand than supply."

Michigan's unemployment was the worst in the U.S. at 14.2
percent in August 2009, shortly after General Motors Co. and
Chrysler Group LLC emerged from a U.S.-backed rescue. That
rate has since plunged to 8.6 percent, roughly in line with
the national average. Employment in skilled positions is
rising, reversing a decline under way since the turn of the
century.

Recruiter Watt said the demand for engineering and IT
workers is requiring additional pay and bonuses, with the
normal pay range of $80,000 to $120,000 commonly stretching
toward the high end. A recent recruit got a $17,000 raise
and bonus of as much as 20 percent to move from Tennessee to
Michigan, he said. ...

http://www.crainsdetroit.com/article/20120815/FREE/120819950/
michigan-begs-for-100-000-engineers-after-auto-industry-rebou
nd#

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