From the Desk of Kristin (Sudina) Freitag – How this Search Firm in Baltimore is Navigating Hiring for the Year Ahead 

By Kristin (Sudina) Freitag – Senior Search Consultant, Real Estate & Financial Services Practice

“I started my recruiting career in 2005 when I worked for my father at his firm. These were the days when Monster.com and CareerBuilder were among the top online resources for the industry. LinkedIn was nowhere near as big as it is today, and salaries, especially for entry-level roles, were much lower. When the recession hit in 2008, I realized this was not a totally new experience for me since I grew up with a father who was always so in tune with the highs and lows of the job market. 

After taking a hiatus from recruiting to work for some exciting brands in the region, I returned to my passion this past year as a Senior Search Consultant for Financial Services at CSP. The chatter among the industry, clients, and job candidates about the job market takes me back to 2009. While we are not in the same place we were back then, I can make some assumptions on what to expect in 2023 based on my experience living through many different job markets and recession periods. 

Layoffs

Q1 layoffs are a big topic right now. Some experts believe the pandemic continues to impact the job market as some industries still experience layoffs. However, others are growing, and companies have roles to fill. We see that firsthand at CSP as we partner with firms to place candidates. The processes for filling those roles and the timelines may change, but the opportunities are still there.  

Hiring

With that said, I believe hiring will slow down a little.  The market was so volatile in 2022, it needs to come back to “normalcy” to some extent. The process of filling roles will focus on necessary positions while holding off on some that may not be an urgent need. I think we’ll see this slower gradual process for Q1-Q2 and hopefully, by the summer hiring will get back to normal. 

Inflation of salaries

An area that is so interesting is the shift in salaries over the last decade or so. Salaries have become so inflated, especially for entry-level roles, which can impact companies that are hiring. 

There are many contributing factors to salary inflation, from demand for talent in specific professions, to cost of living, competition and inflation. I’m interested to see how salaries, especially for entry-level roles, will pan out in 2023. I encourage candidates to research salary ranges and negotiate based on skills and experience and not get caught up in the inflated numbers they may be seeing on public job posts.

How to successfully approach 2023 

There is so much opportunity for job seekers. With a new year approaching, this is an exciting time when companies are finalizing new roles and opportunities. Yes, the market could dictate specific actions, but that should not create fear or paralyze candidates from going after a new opportunity that is a good fit for them.  

I tell candidates to stay informed about the job market in their field and be prepared to adapt to changes as they occur. Keep job search skills and a resume up to date, even for those who are currently employed, so that they are prepared for any potential job opportunities that may arise.

Companies should stay the course but also be proactive in hiring and managing the changes that come in the new year.  Focus on what’s best for the company, do the right thing, and usually, everything will fall into place.  

And lastly, lean on partners like our team at CSP.  We’re experts in our fields and can shed light on what the industry is seeing when it comes to candidates, hiring trends, salaries, and more. Don’t hesitate to contact us to talk about growth strategies in the new year.”

CHESAPEAKE SEARCH PARTNERS PROMOTES EICHELBERGER, WEISS, AND FANSHAW, AND ADDS TWO NEW HIRES 

BALTIMORE, MD (January 4, 2023)— Chesapeake Search Partners (CSP), a professional search and consulting firm, is pleased to announce the promotion of Cassidy Eichelberger to Marketing and Operations Manager and Hannah Weiss and Andrew Fanshaw to Senior Search Consultants. 

“On behalf of the entire team, we are delighted to announce the promotion of Cassidy, Hannah, and Andrew,” said Johnny Black, Founding Member and Partner, Chesapeake Search Partners. “As we approach CSP’s tenth anniversary, they have grown professionally, evolving their roles and responsibilities to support our expansion and the changing demands of the job market. I know they will continue to play a vital role in our success moving forward.”  

The firm also welcomes Jackie Obrecht and Alex Bandarenko to the team as Search Consultants.  Obrecht brings recruiting experience from the staffing, merchandising, and retail sectors and will join CSP’s HR Practice. Bandarenko will join CSP’s Engineering and Operations Practice as Search Consultant, leveraging his background in recruiting executives in the climate tech industry.  

To learn about career opportunities at Chesapeake Search Partners, visit our Current Opportunities page here.  

 

About Chesapeake Search Partners 

Chesapeake Search Partners (CSP) is a professional search and consulting firm that focuses on placement in Accounting and Finance, Engineering and Operations, Human Resources, Real Estate and Financial Services, and Sales, Marketing, and Administrative. Focused on client growth and planning for the future, CSP’s unique, relationship-driven approach leverages industry experts who understand the process of identifying the right skill set for each position. The result is matching talented professionals who meet and exceed a client’s organizational needs. For more information, visit https://www.chesapeakesearchpartners.com.

 

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Meet the Team – Kristin (Sudina) Freitag, Senior Search Consultant

Meet Kristin (Sudina) Freitag, Senior Search Consultant – Real Estate and Financial Services Practice

Recruiting is truly in Kristin’s DNA. Her passion for recruiting began when her father mentored her at his recruiting firm, where she recruited for Accounting. “I have learned that so many people benefit from someone who can simply be there to listen to them, provide information and insight, and share new opportunities. We all need help navigating our careers and it’s nice to support people as they evolve and work through those challenges and various stages of growth.”

Kristin was drawn to CSP after meeting the team and learning about the firm’s core values and the verticals it specializes in. “I love helping people and that passion is clearly shared by everyone on the CSP team. We all respect that each placement is unique, but the key is to be transparent, be patient, trust the process, and in my case, pray.”

Originally from Homeland Mews in Baltimore, Kristin now resides in Northern Baltimore County with her husband, two young daughters, and red lab Gunner. Similar to her passion for helping people in their careers, Kristin takes pride in helping people excel at service-oriented activities and sports, currently coaching indoor soccer for SJS Cockeysville. When she’s not coaching, attending church with her family, or watching sports, Kristin prefers to be anywhere with a beach and warm water.

Meet the Team – Michael Dos Santos, Search Consultant

Meet Michael Do Santos, Search Consultant – Engineering and Operations Practice

Although he’s resided in Bel Air, MD for much of his life, Michael is a loyal New York Yankees and Giants fan. His family is originally from New York, and his extended family is in Portugal – all of who have made sacrifices for Michael to be able to attend college and pursue a career.

Michael joined CSP in 2022 after spending almost two years in the talent acquisition industry focused on lower-level industrial positions. After gaining recruiting experience and developing connections in the industry at another firm, Michael transitioned to CSP where he would have the opportunity to focus on higher-level positions and build closer relationships with clients and candidates. “CSP is truly a special place that keeps its word on its four core values: communication, commitment, consistency, and integrity. My values and CSP’s core values align perfectly and I feel like I am a part of a family,” said Dos Santos.

A driving factor for Michael is that his role gives him the ability to have such a large and positive impact on people’s lives. “I have recognized in this industry that if you treat people with respect, they will never forget you and the service that you provided to them. I have the opportunity to even impact those who don’t land a job by coaching them and helping them understand how they can further develop themselves so that they will have a better chance of landing a job next time. It’s all very rewarding to me.” 

When Michael is not building a talent pool of Manufacturing Engineers, Quality Engineers, Project Engineers, and C-level Construction and Labor roles, he spends time coaching a high school-level baseball team and hiking trails in the region with his friends. He hopes to follow in his parent’s footsteps and plant a foundation for himself in the Baltimore area as he looks to purchase a home soon.

Intern of the Week – Peter LoPresti

Peter is a Business Administration Student at Loyola University Maryland with a projected graduation date of May 2024. Peter focuses his studies on Marketing and Information Systems to best prepare himself for his entrepreneurial dream of running his own cafe.

Peter is seeking a Summer 2023 internship to begin in June where his strong suits of time management, leadership, organization, communication, and creative problem-solving can be utilized to their fullest extent.

Not only has Peter shown passion about starting a business of his own in his post-collegiate future, but he has also shown his altruistic nature through independently traveling to Kenya where he taught classes at an orphanage and raised over $6k to help build and repair their facilities.

Please reach out to Peter directly at palopresti@loyola.edu if you have a remote or in-person internship in either Boston or New York that will best suit his interests and aid in his professional development.

Click here to view Peter’s Resume