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Published on: Friday, March 23, 2012

Welcome Back, War for Talent?

Comments (5)
 
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.

 

 
Executive search firms want to see more sustained corporate hiring at the management level and more consistent economic data before they rebuild their own firms by adding new consulting and research staff.

In February, ExecuNet's benchmark Search Firm Hiring Index revealed that 23 percent of 130 responding executive recruiters indicated they would be adding new professional research and consulting staff over the next three months, a decline of five points from January.

 

 
A monthly ExecuNet survey of executive recruiters finds that 28 percent of companies are expected to add new executive jobs in the next six months, and only 1 percent are poised to cut top management positions during the same time.

 

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