Welcome to City-Data.com Forum!
U.S. CitiesCity-Data Forum Index
Go Back   City-Data Forum > U.S. Forums > Minnesota > Minneapolis - St. Paul
 [Register]
Minneapolis - St. Paul Twin Cities
Please register to participate in our discussions with 2 million other members - it's free and quick! Some forums can only be seen by registered members. After you create your account, you'll be able to customize options and access all our 15,000 new posts/day with fewer ads.
View detailed profile (Advanced) or search
site with Google Custom Search

Search Forums  (Advanced)
Reply Start New Thread
 
Old 11-29-2016, 08:42 AM
 
Location: South Florida
5,020 posts, read 7,449,403 times
Reputation: 5466

Advertisements

Quote:
Originally Posted by gweilo845 View Post
That has not been my experience. I did temp/contract work for about 10 years, about half of it with brokerage/finance companies, and it was very rare for a temp/contactor to get put on permanently.


I did three stints with Wells for up to a year each that never went anywhere, even though I consistently got good feedback from my managers at Wells and the agency as well as others in the company. I eventually told them they would need to offer something permanent or I wasn't going to waste any more of my time. Temp/contract jobs are good to get experience and pay the bills, but they offer little (if any) benefits and you will be the first one let go if things slow down.
I've been a recruiter for a few years (nationwide)and my experience has been the complete opposite.
It's "try it before you buy it".. if the candidate's job performance is acceptable, they're brought on direct.
(Of course there are times where there's a specific project and the job will be for a specific amount of time.)


I am not questioning your work ethic in any way.

Is this practice specific to banking/finance and/or to your area?


Reply With Quote Quick reply to this message

 
Old 11-29-2016, 08:51 AM
 
871 posts, read 1,088,594 times
Reputation: 1900
Quote:
Originally Posted by cfbs2691 View Post
I've been a recruiter for a few years (nationwide)and my experience has been the complete opposite.
It's "try it before you buy it".. if the candidate's job performance is acceptable, they're brought on direct.
(Of course there are times where there's a specific project and the job will be for a specific amount of time.)
Contracting into permanent positions has been my primary career vehicle as well but I am in IT so perhaps the Finance sector operates differently.
Reply With Quote Quick reply to this message
 
Old 11-29-2016, 09:00 AM
 
540 posts, read 1,096,726 times
Reputation: 931
Quote:
Originally Posted by cfbs2691 View Post
I've been a recruiter for a few years (nationwide)and my experience has been the complete opposite.
It's "try it before you buy it".. if the candidate's job performance is acceptable, they're brought on direct.
(Of course there are times where there's a specific project and the job will be for a specific amount of time.)


I am not questioning your work ethic in any way.

Is this practice specific to banking/finance and/or to your area?


No offense taken. It might just be the industry. During my time, I knew of literally a handful of people that got moved from temp to permanent. Like I said, Wells Fargo even has a specific term for "permatemp" employees.
Reply With Quote Quick reply to this message
 
Old 11-29-2016, 11:23 AM
 
Location: Saint Paul, MN
1,365 posts, read 1,883,959 times
Reputation: 2987
Quote:
Originally Posted by gweilo845 View Post
No offense taken. It might just be the industry. During my time, I knew of literally a handful of people that got moved from temp to permanent. Like I said, Wells Fargo even has a specific term for "permatemp" employees.
I think it's a Wells Fargo thing.

I had a roommate a few years ago who was a temp at Wells Fargo. She had a very similar experience where it was made 100% clear that she was going to be employed with them for exactly one year and 364 days because that was the maximum amount of time they were allowed to keep someone as a temp. There was no potential whatsoever of being hired directly in a permanent capacity.

Another friend with the exact same educational background went through the same temp agency to get the same sort of job (sort of clerical/light accounting type work) and she was hired directly by the employer immediately after a 90-day trial period.

In my opinion, temp work can be a double edged sword. It's a great way to get your foot in the door or even just put food on the table if you are between permanent positions, but you also need to be realistic about where a particular temp role is heading and don't stop searching until you have a stable, permanent job offer in hand.
Reply With Quote Quick reply to this message
 
Old 11-29-2016, 12:27 PM
 
Location: Germany
20 posts, read 15,356 times
Reputation: 23
Quote:
Originally Posted by Thedosius View Post
The Twin Cities job market is strong, and Finance is one of the larger industries here. I'd be shocked if you struggle to find work given your background but you may have to be here to follow leads much better. If anything I suspect there is a shortage of workers with your skills here so you should get some very nice offers. Being German and speaking English will be a plus.

One firm that you did not mention is the Royal Bank of Canada, whose American wealth management division HQ is in Minneapolis.

https://www.rbcwealthmanagement.com/us/en/

It's my former workplace (up until about 10 years ago) but I still have contacts there (in IT). Still, if you need any 'inside info' such as who a hiring manager might be if you find a job that looks interesting to you, PM me and I'll see what my people can find out for you.

Accounting firm Deloitte has an 800 person office here as well
https://www2.deloitte.com/us/en/foot...is-office.html

as does KPMG
https://home.kpmg.com/us/en/home/abo...eapolis-1.html

Voya (formerly ING) Financial
https://corporate.voya.com/careers/n...olis-minnesota
Thank you so much for your advice and the offered support. I agree with you, looking for jobs from abroad (I'm currently in the Netherlands) is rather difficult. However, I still try to keep my eyes open. I'll have a meeting with Henkel (a German consumer goods company) in the beginning of December. They approached me after I participated in their workshop at a recruitment event. I'll definitely ask them about their Minneapolis office.
Reply With Quote Quick reply to this message
 
Old 11-29-2016, 12:44 PM
 
871 posts, read 1,088,594 times
Reputation: 1900
Quote:
Originally Posted by ChristmasElve2016 View Post
Thank you so much for your advice and the offered support. I agree with you, looking for jobs from abroad (I'm currently in the Netherlands) is rather difficult. However, I still try to keep my eyes open. I'll have a meeting with Henkel (a German consumer goods company) in the beginning of December. They approached me after I participated in their workshop at a recruitment event. I'll definitely ask them about their Minneapolis office.
Voya (ING), which I mentioned in my post above, is based in the Netherlands. Perhaps there is someone you can meet there regarding positions here.
Reply With Quote Quick reply to this message
 
Old 11-29-2016, 12:52 PM
 
Location: Germany
20 posts, read 15,356 times
Reputation: 23
Quote:
Originally Posted by Thedosius View Post
Voya (ING), which I mentioned in my post above, is based in the Netherlands. Perhaps there is someone you can meet there regarding positions here.
That's a great idea, thank you. I wasn't aware of that connection between VOYA and ING.
I actually do know a college recruiter from ING. I'll directly send him an e-mail tomorrow.
Reply With Quote Quick reply to this message
 
Old 11-29-2016, 02:45 PM
 
871 posts, read 1,088,594 times
Reputation: 1900
Quote:
Originally Posted by ChristmasElve2016 View Post
That's a great idea, thank you. I wasn't aware of that connection between VOYA and ING.
I actually do know a college recruiter from ING. I'll directly send him an e-mail tomorrow.
I'm glad I could help. I thought of another couple companies that may be worth looking into and are headquartered here:

Ameriprise Financial
https://www.ameriprise.com/


Thrivent Financial
https://www.thrivent.com/ (membership used to be only for Lutherans but it's been opened up to other Christians...I'm not sure about restrictions on employees).
Reply With Quote Quick reply to this message
 
Old 11-29-2016, 07:43 PM
 
878 posts, read 1,207,375 times
Reputation: 1138
As a recruiter (different industry), being able to work in the US without requiring sponsorship will be very beneficial to your being able to secure employment (I'm certain that you're already aware of this, but I just wanted to reiterate it!)

Also, as resume/CV styles can vary from country to country, it might be wise to have a knowledgeable American friend review your resume to ensure that it's in an Americanized format and use American terminology, as many large corporations utilizes applicant tracking systems (ATS) that search your resume electronically for keywords (additionally, be sure to have your resume in a simple font-- such as Times New Roman-- and with minimal formatting, to ensure that it's easily read by the ATS).

Welcome to MN!
Reply With Quote Quick reply to this message
 
Old 11-30-2016, 05:34 AM
 
Location: Germany
20 posts, read 15,356 times
Reputation: 23
Quote:
Originally Posted by ellysbelly View Post
As a recruiter (different industry), being able to work in the US without requiring sponsorship will be very beneficial to your being able to secure employment (I'm certain that you're already aware of this, but I just wanted to reiterate it!)

Also, as resume/CV styles can vary from country to country, it might be wise to have a knowledgeable American friend review your resume to ensure that it's in an Americanized format and use American terminology, as many large corporations utilizes applicant tracking systems (ATS) that search your resume electronically for keywords (additionally, be sure to have your resume in a simple font-- such as Times New Roman-- and with minimal formatting, to ensure that it's easily read by the ATS).

Welcome to MN!
I have the whole month of January off, during this time I wanted to start preparing my US resume/CV.
It's definitely something that I need to work on. So far I've just been reading articles online about how to structure resumes and cover letters in the US.
Reply With Quote Quick reply to this message
Please register to post and access all features of our very popular forum. It is free and quick. Over $68,000 in prizes has already been given out to active posters on our forum. Additional giveaways are planned.

Detailed information about all U.S. cities, counties, and zip codes on our site: City-data.com.


Reply
Please update this thread with any new information or opinions. This open thread is still read by thousands of people, so we encourage all additional points of view.

Quick Reply
Message:


Settings
X
Data:
Loading data...
Based on 2000-2020 data
Loading data...

123
Hide US histogram


Over $104,000 in prizes was already given out to active posters on our forum and additional giveaways are planned!

Go Back   City-Data Forum > U.S. Forums > Minnesota > Minneapolis - St. Paul

All times are GMT -6. The time now is 02:20 AM.

© 2005-2024, Advameg, Inc. · Please obey Forum Rules · Terms of Use and Privacy Policy · Bug Bounty

City-Data.com - Contact Us - Archive 1, 2, 3, 4, 5, 6, 7, 8, 9, 10, 11, 12, 13, 14, 15, 16, 17, 18, 19, 20, 21, 22, 23, 24, 25, 26, 27, 28, 29, 30, 31, 32, 33, 34, 35, 36, 37 - Top