From the Herman Trend Alert newsletter (sorry, no link): The economic slowdown here in the United States is not having the expected effect on the demand for qualified executive talent. ExecuNet’s “2008 Executive Job Market Intelligence Report” finds that increasing demand, along with a shortage of qualified talent and sustained economic growth overseas, are driving better than expected job growth at the executive level.(http://www.execunet.com/marketreport) The sectors with the highest demand are High Tech, Healthcare, Business Services, Pharmaceuticals/Biotech, and Energy/Utilities. The factors credited with the continuing demand for executive talent are an aging workforce and global economic growth, despite the looming threat of recession. The report also finds, in spite of… Read More
Continue ReadingWork/Life Balance Has Reached Executives
BusinessWeek.com offers up a good summation of today’s hiring market in terms of executive recruitment. We could have wrote this article – it describes exactly what we are encountering in a couple of executive searches. Let’s unpack a couple points from the article: This new environment requires that executive headhunters and companies’ human resources and business leaders delve deeper into what’s really important to senior-management candidates and calibrate the recruitment process accordingly. Very true. Part of this understanding comes from assessing their motivations and rewards, the other part from interaction. Yesterday I posted on the need for flexibility when hiring since candidates desire work/life balance far more than in previous… Read More
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