In a webchat held on Monday April 19th, 2010, NIRI President Jeffrey Morgan said that the current employment for IRO's is picking up from where it once was last May. Although the job market isn't as stable and open as it once was just a few years back, it's definitely improving.
After reading Dominick Jones' blogpost today, maybe his analysis of the poor performance done by IR departments in monitoring social media, will further increase the improving IR job market. Jones' research has found that the lack of social media knowledge and poor monitoring activity by IR departments is potentially putting their respective companies at legal risk.
There are many social media compliance risks and if IRO's aren't carefully monitoring the flow of information on their company and industry, as well as keeping up to date with regulations, this could result in a legal issue. According to Jones, current IR departments are not as knowledgeable as they should be and are not actively engaging in online discussion about their company.
Maybe that's where we, Class of 2010 graduates, will prevail. As an emerging member of the class of 2010, with an interest in Investor Relations, I hold a vital piece of experience that even IRO veterans may not possess, social media knowledge and the ability to quickly adapt to changes within it.
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