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Published on: Friday, March 23, 2012

Welcome Back, War for Talent?


 


That phrase hasn't been heard much since back in the day when the unemployment rate was under 5 percent and companies faced skills shortages. We're not quite there yet, but ExecuNet's research reveals that workers are restless and ready to move as soon as they feel the marketplace opening and more opportunities developing.

Executives who have stayed loyal to their organizations through the last few years have suffered through minimal compensation increases — and even pay cuts — but have been always been lured away for more money. If companies want to hold on to their top talent, this is the year that money is going to talk or executives will walk.








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Robyn Greenspan's avatarRobyn Greenspan
Robyn Greenspan is ExecuNet's Chief Content Officer, where she is responsible for setting and driving the editorial content engagement strategy across the private business network's publications and expert-led programming. She is also a Huffington Post blogger. You can follow her on Twitter @RobynGreenspan




Posted by Bala Sankar
09/24 @ 09:36 AM
I am not surprised by the question - Where is the performance and reward? After I have delivered all that was expected from me.

The answer is not as simple as we think. It depends on the systems dynamics and complexity involved. We are looking at events in an isolated fashion. Let me explain what I mean by that.

Companies compete "based on price". Senior executives championed for the ause of "Outsourcing" as the Mantra over the last decade. Did these executives not get paid well between 1990 to 2000? Obviusly the answer is an Yes. So no complaints for that period.

When developed countries lose the manufacturing base - it should have some significant consequence. May be that is what we are all experiencing now. What is really there to manage - if what needs to be managed is not here anymore?

Let us take the blame on ourselves. The fundamental definition for America has still not changed. It is supposed to be the land of opportunity, to work well and make a life. What happens if the work goes out of the country? Obviously, we will hae excess inventory at different levels of Management.

The problem is still worse. In many disciplines, chidlren do not believe that getting a degree would be useful anymore.

The situation needs to be reversed, I think.

Regards
Bala
Posted by Teresa R. Shircliff
09/05 @ 05:16 PM
Growing up it was in-grained in my thinking to always give my best, go over and beyond, be honest, loyal and dedicated and you will advance in your career and be paid for what you are worth.
Well, I've done that. My question is; where's the money? Seems like it is expected that one devote all of his/her time to the job and yet compensation continues to decline. DO not understand this concept? Any insight?
Posted by Robyn Greenspan
05/11 @ 07:50 PM
Hi Barbara,

All the data in this infographic is derived from ExecuNet's recent survey of more than 5700 senior-level executives, search firm recruiters and talent managers. We'll be releasing more of these findings in our upcoming 20th annual Executive Job Market Intelligence Report.
Posted by barbara oliver
05/11 @ 07:21 PM
Of course it is music to the ears that fluidity would be restored
to the job market. However, this would be a more convincing
post if you acknowledged your research sources. Many do research and a significant percentage of that is flawed. Without sources except for "ExecuNet's research", the conclusion borders on wishful thinking.
Posted by Tom
05/11 @ 04:35 PM
Not only is this an issue with the executive level it is also quite apparent within the middle management and technical markets. With the re shoring of manufacturing in the USA it is going to become a greater issue. How does one receive a copy of the poster you have above. I cannot quite make it all out when I enlarged it. Thank you.
Posted by michael walter
04/05 @ 01:24 AM
I would like to explore opportunities with you.
Posted by Sheree
03/30 @ 06:23 PM
Looking for an executive position in marketing or sales. thank you
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Finding new ways to do business is always a challenge, but for success in an ever-changing world, business leaders today must be willing to try new things and remain extremely flexible. Read what some of the world's greatest innovators had to say in this ExecuNet exclusive.


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