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While two-thirds of executive recruiters are confident the executive employment market activity will increase in the coming months, most remain cautious when it comes to rebuilding the recruiting and research teams they were forced to cut during the recession.

In April, ExecuNet's benchmark Search Firm Hiring Index revealed that 21 percent of 192 responding executive recruiters indicated they would be adding new professional research and consulting staff over the next three months, down five points from March.

 

Published on: Friday, May 13, 2011

Tell Them Why They Want You

 
Ever wish you had access to an executive recruiter just to ask that one question you've been wanting answered? Members routinely email us their questions, and we tap into our network of executive recruiters for their thoughts. This insight into the minds of executive recruiters is often rather fascinating.

One ExecuNet member wrote: "I have a background in sales and marketing with high-profile accounts. I recently became certified in Lean Manufacturing to complement prior VOC [voice-of-the-customer] training. I believe it gives me insight into offering more targeted solutions to clients. Additionally, my MBA will be finished in six weeks. I would like to go into sales or consulting for a business solutions-oriented company, as that is where my true passion lies. Are there any recommendations for a starting point?"

Executive recruiter Nick Corcodilos, in his usual straightforward manner, offered his thoughts on the topic. Here's an excerpt of what he had to say:

 

 






In case you hadn't noticed, an economic recovery is underway. Albeit, it's slow, but business and hiring growth is occurring. For the 16th consecutive month, ExecuNet's Executive Job Creation Index posted gains, and again, recruiter confidence is high.


 

 
Two leading indicators of future job market expansion — a monthly forecast of executive job creation and a separate reading on recruiter confidence — remain decidedly strong in the face of a variety of cautions about the continued growth of the broader economy.

In April, 38 percent of 192 executive recruiters who participated in an ExecuNet survey reported they expect companies to leverage the economic climate over the next six months by adding new executive-level jobs, the highest number since the monthly index was created in May 2009. An equal number forecasted that companies will "trade up" with new hires for existing management jobs. Another 17 percent indicated that companies would elect not to add new management jobs, while five percent anticipated employers would choose simply to avoid filling current management-level vacancies. Only two percent of executive recruiters expect companies to further eliminate executive jobs.

 

 
On Friday, the US government released its job report for April, and it was good news. They showed growth in overall job creation in the economy of 244,000 jobs and even stronger private sector job growth of 268,000 jobs. Unemployment increased slightly to 9 percent as more people came back to the job market with the continuing improvement in the jobs market.

It was Mother's Day yesterday, and in deference to this holiday you may have missed some news; here are seven things you might not have heard about that are important:

 



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