Executive Hiring Returning to Full Power

June 21, 2010 – Most executive hiring trends are now pointed upward, albeit with a sharper focus on maintaining optimal productivity, according to the quarterly Boyden Executive Outlook. Chief executive officers, chief marketing officers, chief sustainability officers and HR executives top lists of demand across regions and sectors. The ramping up of sustainability divisions and the need to shift HR priorities to growth tracks have resulted in the need for additional management. “Nearly every aspect of executive search has returned to full power, with particular strengths in developing markets including China and Latin America, and extending to Australia,” said Chris Clarke, president and CEO of Boyden World Corporation. “Due to rigorous mandates of greater productivity, the one aspect that has changed compared to practices prior to the recession is that while company growth clips at 10 percent expansion, executive hiring often trails at five percent growth.” Within financial services demand has notably returned for talent in sectors such as corporate banking, investment banking, banking hedge funds, wealth management and asset management. In Asia-Pacific, most notably China and Hong Kong, management hiring is increasing in financial services, particularly in private banking, private equity and asset management.