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ExecuNet's 17th Annual Executive Job Market Report Identifies Strategic Employment and Career Management Opportunities Amidst Recession
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Published annually for the past seventeen years to help executives navigate the constant changes in the leadership job market, the Executive Job Market Intelligence Report provides high-level executives, human resource professionals, and executive recruiters with proprietary market intelligence on key trends and best practices in executive-level career development and candidate search, hiring, and retention. (Executive-level denotes professionals at the Director/Vice President/Chief Executive-level with total annual compensation of $150,000 or greater.)
The worst recession in decades is still taking its toll on the executive employment market, but there appears to be some light emerging at the end of the tunnel, according to this year's report based on simultaneous surveys of 5,060 executives and 476 search consultants and HR professionals. The report shows industries with higher demand for leadership skills across functions and explains the best tactics for agile executives to use in maneuvering their careers through these uncharted waters.
Throughout the report, executives will learn why "hunkering down" in the face of the economic crisis will not help ensure their career success. Executives in transition will find a clear guide to creating new opportunities by looking beyond the headlines and focusing on selling themselves into sustainable career paths.
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In the newly released report, executives will learn:
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Employment Market Outlook
- Despite the economic downturn, 60 percent of search consultants believe there's still a shortage of qualified executive talent.
- The industries expected to generate the most executive job growth in 2009.
Job Satisfaction
- Job satisfaction is on the rise, as 70 percent of all employed executives report they are satisfied, if still a bit restless, with their current jobs – up sharply from 53 percent in 2007. The motivators are outlined to assist executives who are planning how to retain the restless talent in their organizations.
Executive Compensation
- Learn what elements are driving executive compensation (salary + bonus) packages, as executive compensation is under increasing public scrutiny.
Turnover
- Learn why average executive tenure dropped from 3.2 years in 2007 to 2.8 years in 2008 and what can be anticipated in 2009.
Candidate Sourcing/Job Search Strategies
- In addition to being the most effective source of candidates for search firms and corporate recruiters, learn how networking (even inside your current company) accounts for almost three-in-four (73 percent) job opportunities uncovered by executives.
- Approximately one-in-five searches conducted by corporate HR professionals during the past 12 months was filled by a candidate from another industry – learn how to make the transition by understanding the dynamics involved.
For more information on these trends and others
access a free executive summary.
For the full report, join today.
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"I have talked with some outstanding candidates since my association with ExecuNet. I had one candidate who was a finalist for President of a Bank position, and I just placed a CFO with a Biotech firm in the Midwest with an ExecuNet member.
- Kimberlie Buchanan
CPA Senior Consultant - Finance Group
Dickson Associates
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More
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Positions filled by ExecuNet members:
VP Marketing, Business Services, $130K - $160K (+30%)
Dir. of Business Dev't., Management Consulting, $100K - $125K
Dir. of IP Cable Products, Telecommunications, $100K+
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