New York, NY., March 1, 2023 – The Sciolytix Sales Hiring Index (SSHI) increased from 65.2 in February to 72.1 in March 2023. The SSHI measures relative demand for full-time sales talent in the US over the last 30 days through new sales job postings on Zip Recruiter, Indeed, LinkedIn, and Glassdoor.
The increase of 6.9 points is the most significant monthly gain since starting the index in August 2022. The increase in the SSHI suggests demand for salespeople increased over the past 30 days. The broad-based SSHI grew 6.3 points to 66.8, while the B2B-SSHI grew 10.2 points to 104.1.
Surprising Results Give Several High-profile Layoff Announcements in Big Tech
The sharp increase in B2B sales job postings is surprising, given headlines about big layoffs at companies like Google, Microsoft, Twitter, Amazon, and Salesforce.com.
According to the website www.layoffs.fyi, 428 tech companies laid off 129,342 employees in 2023. However, according to tech industry association CompTIA, the U.S. tech industry accounts for about 8.9 million people in the total workforce. Although layoffs can be stressful to those impacted, 2023 layoffs amount to less than 1.5% of the tech workforce.
According to Dario Priolo, Sciolytix Chief Marketing Officer and creator of the SSHI, “Business leaders should not overreact to layoff announcements they read about in the news. However, in the current economic environment, businesses that can screen, hire and onboard the best salespeople better and faster gain a clear advantage.”
About Sciolytix
Sciolytix is a software company revolutionizing how organizations hire, onboard, and develop their employees. Our solutions use immersive learning and predictive analytics to align people with performance outcomes. Now you can validate applicants’ skills and minimize the risk of bringing on the wrong talent. Reduce ramp time through personalized learning powered by artificial intelligence. And use virtual simulations to instill best practices that stick.
To learn more, visit www.sciolytix.com.
Author: Dario Priolo
Dario brings over 20 years of experience in the sales enablement and talent development industry. He has led marketing and strategy as CMO for leading companies like the Hay Group, Miller Heiman and Profiles International and has been part of 4 successful exits, including his own start-up.