ExecuNet’s exclusive Executive Recruiter Confidence Index (RCI) ticked up at the end of April to 55 percent. As important, ExecuNet’s Executive Job Creation Index (JCI) continued at a positive +13.
These indexes indicate that the executive job market continues to improve.
The RCI at 55 percent means that more than 50 percent of executive recruiters think the executive job market will improve over the next six months. The index was at 28 percent at the bottom of the recession in 2009 and at 80 percent in 2007 before the recession. We’re moving toward the desired 65 percent, which means improvement is expected to be very robust.
Our surveys of executive recruiters also pinpoint that the five industries showing the most potential for growth in the next six months are:
- Healthcare/Hospitals/Managed Care
- Pharmaceuticals/Medical Devices & Supplies/Biotech
- Business Services
While the functions in greatest demand are:
- Business Development
- Operations Management/Supply Chain/QA
The biggest changes since the beginning of the year are in operations management – went from #7 greatest growth area to #3 and general management which went from #5 to #8.
Bottom line: “Rain makers” continue to reign, but there is a resurgence of operational leadership.
In terms of level, recruiters are seeing a solid growth in demand at the Director and VP level. Remarkably, very strong growth is seen for C-suite level executives versus early January.
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