October 1, 2014 – Sixty five percent of employers are selectively or significantly increasing executive hiring for the balance of 2014 and into 2015, according to a Claymore Partners Talent Market Survey. The outlook expressed by unemployed executives is also more optimistic than in previous surveys as almost 40 percent say their job prospects are significantly or slightly better. Executive respondents indicated that the industries planning to hire the most include consulting/professional services, healthcare/pharm, health insurance, and wealth management. Investment management and investment banking hiring prospects increased significantly in this survey. Executives also indicated that the strongest functional areas demonstrating growth in executive hiring are in sales, consulting/professional services, product management, risk management/compliance, and IT. About two thirds of currently employed executives are now open to or actively exploring new opportunities. The best sources for executive employment were indicated to be networking/referrals and LinkedIn by both employed and unemployed executives. Facebook and job boards were viewed as the worst sources with internal, retained, and contingency recruiters being viewed as good sources.
Share This Article