CheckPoint HR Reports Growth in Employment During Second Quarter of 2012

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Hiring during the quarter was up 2.8% for an annualized growth rate of 11.2%

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There is still a sharp disconnect between job postings and hiring data.

CheckPoint HR, an Administrative Service Organization (ASO) focused on human capital management and benefit programs for small to mid-sized companies, today announced it saw slight growth in employment among its customer base. Hiring during the quarter was up 2.8% for an annualized growth rate of 11.2%. CheckPoint HR polls its data from more than 400 customers in the Tri-State area.

The slight increase in hiring was primarily driven by seasonal employment. According to The Department of Labor's Bureau of Labor Statistics, U.S. employers posted more job openings in May than in April, which led many to believe that there would have been a larger increase in hiring activity for the quarter.

“There is still a sharp disconnect between job postings and hiring data,” said Michelle Moylan, Human Resources Director, CheckPoint HR. “While there has been a surge in job postings, there has only been a slight increase in hiring which signifies recruiting remains very difficult for many companies. Acquiring the proper talent necessary to fill positions can be challenging and businesses may need to reengineer their expectations in order to help bridge the gap between talent and recruitment.”

Small businesses and their growth are the drivers for the broader American economy. CheckPoint HR’s sampling of data is a good indicator for the health of small to medium sized businesses in the New Jersey, New York, and Pennsylvania areas.

About CheckPoint HR
CheckPoint HR is an Administrative Service Organization (ASO) focused on human capital management and benefit programs for small to mid-sized companies. The company’s complete portfolio combines payroll, benefits and HR management services with a web-based Human Resource Management System (HRMS) technology platform to offer customers an affordable and centralized solution. This allows small to mid-size companies to improve efficiencies, streamline operations and reduce costs. Clients include Innophos Holding, Inc., New York Organ Donor Network, and Hamon USA. For more information on CheckPoint HR, please visit http://www.CheckPointHR.com, call 800.385.0331 or follow us on Twitter at http://twitter.com/checkpointhr.

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Copyright © 2012 CheckPoint HR, LLC. All rights reserved.

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Shannon Cortina
Springboard Public Relations
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