Discouraged By Limited Advancement, Many Executives Are Looking For Greener Pastures
www.execunet.com August 8, 2005 — A recent survey conducted by ExecuNet, the executive job search and recruiting network, finds more that half of all executives are not satisfied with their current job, and many of these discouraged leaders are hoping to take advantage of growth in the job market to find a better opportunity.
According to the survey of 454 employed executives, 55% are not satisfied with their current job, and of those who are not satisfied, 68% plan to change jobs in the next six months.
The top five reasons why employed executives are looking to make a job change are:
"Encouraged by a stronger employment market, many executives are eager to look for a better opportunity," says Dave Opton, CEO and Founder of ExecuNet. "As the market continues to improve, companies that don’t make retention a top priority will watch their best talent walk out the door."
A separate ExecuNet survey of 258 executive recruiters helps to explain why executives are gaining enough confidence in the employment market to seek new opportunities. According this survey, the executive search industry is expecting a 15% increase in the number of assignments received from corporate clients during the next six months.
ExecuNet, the executive job search and recruiting network, is a recognized authority in executive hiring and recruiting trends. ExecuNet helps members identify career opportunities and attain professional success by providing exclusive job postings, opportunities and tactics designed to expand personal and professional networks, and career advancement strategies.
Founded in 1988, ExecuNet also serves recruiters and corporations as a leading source of top-tier executive talent and proprietary research. For more information on ExecuNet visit www.execunet.com
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