Join Now  |  Member Login  |  Recruiters
Contact Us 800-637-3126
Market Intelligence Market Insights
Published on: Thursday, December 29, 2011

Executive Job Creation Picked up in December


The number of employers expecting to recruit for senior-executive roles over the next six months is higher than the number of employers planning to shed management jobs during the same time, according to the results of an ExecuNet December survey of 126 executive recruiters.

Confidence in the Executive Employment Market — Next 6 Months

In December, ExecuNet's benchmark Executive Job Creation Index gained ground, which compares the number of companies expected to add executive positions over the next six months versus those planning to downsize their management teams or delay filling vacant management roles, registered a +18 reading in December, up 12 points from November.

"Companies are beginning to hire for growth again, and that's evident in plans to add top executives capable of pursuing new opportunities and building high performance teams around them," said Mark M. Anderson, president and chief economist of ExecuNet.

"Nearly one in four companies are expected to hire for new management roles in the next six months, and more than half are recruiting to upgrade talent in existing roles. Executive recruiters are expecting to take on more search assignments in the next six months, and we believe that's going to usher in good news for unemployed and transition-minded executives at least for the first half of the new year," Anderson added.

| More Subscribe

Joseph Daniel McCool's avatarJoseph Daniel McCool
Joseph Daniel McCool is senior contributing editor with ExecuNet and principal of management recruiting/succession advisory firm The McCool Group. He is also the author of Deciding Who Leads: How Executive Recruiters Drive, Direct & Disrupt the Global Search for Leadership Talent, recognized widely as "one of the best business books of 2008," and its Brazilian Portuguese translation, Escolhendo Líderes, published in June 2010.

What World Renowned Business Leaders Have to Say

Many of the world's top business leaders, from a variety of industries, gathered in New York City to share their views on business and the challenges today's leaders will face in the coming years. Attendees learned how visionaries from a wide range of management disciplines define the process and commitments required to realize the potential for raising organizational performance in a time of lingering economic uncertainty and a changing global economy. These are can't miss insights for any business executive!

Read More

Like What You’re Reading?

Get access to more actionable insights from top minds in executive leadership and career management

Join Our Executive Community Today

Executive Job Creation Index

Second Quarter Not as Promising But Still Positive

Recruiter Confidence Index

Recruiters Optimistic Job Market Will Improve

Stay Connected

Stay Connected by Email Stay Connected by RSS Stay Connected on Twitter Stay Connected on YouTube
ExecuNet on LinkedIn

Editorial Guidelines

World Business Forum 2011 Featured Blog

World Innovation Forum 2011 Featured Blog

Featured in Alltop