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Filed Under: Employment

Published on: Tuesday, April 15, 2014

Jobs Stabilizing Into Familiar Area

Posted By: Mark Anderson
Filed Under: mark anderson, job search, employment, jobs report
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The US Jobs report came in about expected at +192K jobs added in March. Some good news is that prior months were revised up an additional 37K jobs. Going back to December when many people worried about a change in job creation, we are now seeing a return to the norm of about 190K jobs/month which we have seen for the last year. It was just a blip in the normal up and down as October and November were higher.

 

Published on: Friday, April 04, 2014

How Long Does it Take Executives to Find Their Next Job?

Posted By: Mark Anderson
Filed Under: mark anderson, networking, job search, employment, careers, recruiters
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We are often asked, How long does it take executives to find their next job? There are too many individual variables to factor in, but you can be certain of one thing – it takes longer than you might think.

Why is this important? It means a lot actually – emotionally and economically. For someone making $175,000+ per year, a job search that takes one month longer means $15,000 or more in lost salary. So it's important to keep ahead of the projected landing time because it can save you tens of thousands of dollars.

We routinely survey members about how long they think it will take them to make a job change. We just completed a survey, and like in years past, they reported 6.4 months on average—a little shorter this year than during the recession.

 

Published on: Thursday, March 06, 2014

Where Executive Jobs are Expected to Be

Posted By: Mark Anderson
Filed Under: mark anderson, job search, market trends, employment, recruiters
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Even though the overall job growth is up and down, executive recruiters reported in our most recent surveys that things are looking up at the executive level.

As part of our mission is to keep you informed about the executive employment market, I've broken down some of the results of the survey here for you.

 

Published on: Wednesday, February 26, 2014

10 Ways to Know if You’ll Get the Job

Posted By: Carol Kinsey Goman
Filed Under: job search, employment, careers, interviews, resume, executive coaching, carol kinsey goman
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As the candidate in a job interviews, you're aware that you're being assessed for competence, confidence and candor. But what about the interviewer? Is he being totally upfront with you? Here are 10 cues that will tell you what the interviewer really thinks:

 

Published on: Friday, February 21, 2014

What Kind of Shadow Do You Cast?

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Recently we enjoyed the Super Bowl, but it was also Groundhog Day, an event that was doomed to be overshadowed by the hype of the big game. If one stops to think about it, getting "lost in the shadows" seems so appropriate for Groundhog Day. By now, we all know the groundhog saw his shadow, and we will be subjected to six more weeks of winter. But does that mean your job search or career advancement endeavors will also be subjected to frosty results? Not necessarily… if you mind your shadow.

Think of your online reputation as the shadow you cast: If the light is shining right, it goes ahead of you, preceding you in every encounter. However, if the light is not right, it looms behind you as a dark specter.

 

Published on: Friday, February 14, 2014

Recruiter Confidence Over 50 Percent in January

Posted By: Mark Anderson
Filed Under: mark anderson, recruiter confidence index, employment, careers, rci, recruiters
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For over three years, the monthly US Government Jobs Report has felt like the mythological story of Sisyphus. About every time, it seems we have "pushed the bolder up the hill and over the top, it rolls back down" — over us. December's and January's average overall growth in jobs frames that story and disappointment accurately: 94,000 jobs added, versus the previous 10 months which averaged around 180,000 per month.

Fortunately, in 2014, though overall job growth may be up and down, executive recruiters are starting to report a different story at the executive level — at least in the surveys we just completed that help us fulfill our mission to keep you informed about the executive employment market.

 

Published on: Wednesday, January 22, 2014

What the Disappointing December Jobs Report Means to You

Posted By: Mark Anderson
Filed Under: mark anderson, job search, market trends, employment, jobs report
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Last Friday's Jobs Report of 74K was disappointing. Disappointing as it surprised the markets and surprised economists who were looking for over 180K growth in jobs.

For the media, it was disappointing because they thought we were on the verge of a breakout to the upside and this did not happen. Remarkably, the unemployment rate declined from 7 percent to 6.7 percent as a large number of workers were discouraged and left the workforce — doubly disappointing for sure.

 

Published on: Friday, January 10, 2014

Six-Figure Hotline: 21 Years at One Company is a Good Thing!

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As part of ExecuNet membership, I conduct a weekly teleconference called Six-Figure Hotline where members call in to ask the questions keeping them up at night, and to gain market and trend insight from the career experts who join me in talking about issues that are important to executives today.

In one such teleconference, Linda Van Valkenburgh, an executive career strategist and an ExecuNet networking meetings facilitator, joined me. A member asked, "I think I am fighting the fact that I had 21 years at one major company, even though I had different positions in different divisions. Do you have any suggestions on how I can address this?"

 

Published on: Tuesday, December 10, 2013

Recruiters on How Job Seekers Can Use the Holiday Season to Their Advantage

Posted By: William Flammé
Filed Under: employment, careers, recruiters, william flammé, william flamme, holiday job search
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Your competitors may not know this, but hiring activity does not slow down during the holidays. In fact, 95 percent of the recruiters we surveyed say this is definitely not the time to shut your search down.

According to our latest survey of search consultants, the same amount of jobs are still being posted, and 75 percent of recruiters say they are available and returning calls. So use this time to begin building relationships with recruiters and get a jump on the competition. Here's a list of what recruiters recommend you do during the holiday season.

 

Published on: Monday, November 25, 2013

Job Creation Index Less Optimistic than Jobs Report

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ExecuNet's exclusive Executive Job Creation Index dipped slightly to +7 in October from +13 in September. This continues to be a pattern of up and down slow growth expectations by executive recruiters toward the executive employment section for the next six months. Recruiters still believe just one in five companies will add executive staff in the next six months and that has been basically true for the last 10 months.

 

Published on: Wednesday, November 20, 2013

Recruiter Confidence Index Shows More Uncertainties Ahead

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The most recent US Jobs Report was a very good one, indicating over 200K+ jobs were added to the economy in October. This job creation was a surprise to economists, as they were only expecting a little over 100,000 jobs to be added. The day before, the US government indicated that in the third quarter US GDP grew at 2.8 percent, again above economists' expectations.

What does it mean to executives in a job search or leaders looking to add to their teams?

 

Published on: Monday, November 11, 2013

Six-Figure Hotline: Are Recruiters Really Filling Jobs?

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As part of ExecuNet membership, I conduct a weekly teleconference called Six-Figure Hotline where members call in to ask the questions keeping them up at night, and to gain market and trend insight from the career experts who join me in talking about issues that are important to executives today.

In one such teleconference, a member asked, "How many jobs are filled through connections with recruiters?"

 

 
The executive jobs picture has not changed much as we march into the fourth quarter.

Despite, or as a result of, the uncertainty in Washington, there is no major robust change in the slow growth trend we have seen for employment in 2013. Forty-plus percent of executive recruiters think the executive job market is going to improve in the next six months (our exclusive Recruiter Confidence Index is at 42 percent in September and has been in the low 40 percent area for most of the year). History tells us that if our RCI gets above 50 percent, we'll see real growth in executive hiring.

 

 
The recent surge in the number of independent professionals in the US is evidence of a fundamental workplace shift. The traditional workplace structure, where employees work for the same employer for over 20 years, is disappearing. Do you understand the new norm? Can you learn how to successfully contract with multiple clients simultaneously on high-stakes projects that use your expert skills? This new "project economy" is creating opportunities for expert workers like you to find work success and control their own career destiny.

 

 
With the turning of the seasons, fall becomes a popular time to accelerate a job search: the leaves are changing; there's a slight bite in the air; kids have gone back to school. Since we were kids, fall has always been associated with new beginnings, so it's no surprise that while wandering the pumpkin patches, searching for the perfect pumpkin, thoughts turn to another much more important search. Members have been wondering, "What else is out there for me?"

Increasingly, members say they are considering career alternatives to a normal job as a part of thinking about what’s the right next step. They want more freedom, flexibility and control over their lives and time and the financial rewards that can go with it.

 

 
As part of ExecuNet membership, I conduct a teleconference called Six-Figure Hotline where members call in to ask the questions keeping them up at night, and to gain market and trend insight from the career experts who join me in talking about issues that are important to executives today.

In one such teleconference, Erica Smith, an executive career strategist joined me. A member asked, "How do I keep my résumé from getting lost in an ocean of other qualified candidates, and is it better to call or email?" Here's what we had to say:

 

 
Our monthly executive Job Creation Index ticked up slightly in September from +7 to +14 as recruiters felt that fewer companies would be delaying the filling of open positions over the next six months. You could say the good news is that recruiters are a bit more positive about company intentions to hire, despite the uncertainty coming out of Washington.

 

Published on: Friday, October 11, 2013

Six-Figure Hotline: Networking While in Job Search

Posted By: Dave Opton
Filed Under: networking, dave opton, six-figure hotline, employment, career advice
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As part of ExecuNet membership, I conduct a weekly teleconference called Six-Figure Hotline where members call in to ask the questions keeping them up at night, and to gain market and trend insight from the career experts who join me in talking about issues that are important to executives today.

In one such teleconference, Bart Wendell, an executive career strategist joined me. A member asked, "What does one actually do when networking while in job search?"

 

Published on: Thursday, October 03, 2013

Six-Figure Hotline: Job Search is About Networking

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As part of ExecuNet membership, I conduct a weekly teleconference called Six-Figure Hotline where members call in to ask the questions keeping them up at night, and to gain market and trend insight from the career experts who join me in talking about issues that are important to executives today.

In one such teleconference, Bart Wendell, an executive career strategist joined me. A member asked, "When in job search, what would a C-level executive's typical week look like?"

 

 
The tone of the executive hiring market turned less optimistic in August. After hovering for five months in the mid-40s, our Recruiter Confidence Index dropped to 39 percent. Importantly, the number of recruiters not confident that executive hiring would increase over the next 12 months climbed to 18 percent, the highest it has been since the end of last year.

 

Published on: Friday, September 13, 2013

Six-Figure Hotline: What’s in a Title Anyway?

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As part of ExecuNet membership, I conduct a weekly teleconference called Six-Figure Hotline where members call in to ask the questions keeping them up at night, and to gain market and trend insight from the career experts who join me in talking about issues that are important to executives today.

In one such teleconference, Bart Wendell, an executive career strategist joined me. A member asked, "I have been an IT director for seven years; now I have an opportunity— good company, good salary, role is perfect for what I am looking for but the title is senior manager. How concerned should I be that it might be perceived as a step down because of the titles?"

 

 
After a positive move upward in July to +21, our exclusive Executive Job Creation Index moved lower to +7 as recruiters reported that more companies were putting hiring plans on hold and slightly fewer companies were expected to add executive jobs in the next six months. We are back to where we were one year ago in terms of expected job creation at the executive level.

 

Published on: Wednesday, August 28, 2013

Six-Figure Hotline: Am I a Pest?

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As part of ExecuNet membership, I conduct a weekly teleconference called Six-Figure Hotline where members call in to ask the questions keeping them up at night, and to gain market and trend insight from the career experts who join me in talking about issues that are important to executives today.

In one such teleconference, Ford Myers, an executive career coach joined me. A member asked, "Once you have a contact within an organization for an open position, how frequently should contact be made to stay top of mind without being annoying?"

 

Published on: Friday, August 02, 2013

The Recruiter, the Bad Apple and the Job

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An executive recruiter friend of mine once told me that whenever he interviews someone for a C-suite role, he structures the interview to learn about their childhood, their upbringing, what's important to them and what they were like in high school and college.

At first, I have to admit some bewilderment upon hearing of his approach. How could our younger years really relate to the key performance indicators of a senior executive role? How could one's place in a family impact their view of an organization? And how could their lack of social skills at an earlier age really matter now during a critical interview for a major leadership role?

 

Published on: Thursday, July 25, 2013

The Top 5 Activities to Land Your Next Job

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I recently met a woman at a local networking meeting who wanted her next role to be in a non-profit or academic setting. She had a Basic ExecuNet membership — the level we offer that is free, but with limitations — and asked if she would have access to more non-profit/academia job listings if she upgraded to our paid Platinum membership.

 

 
At 43 percent, ExecuNet's exclusive Recruiter Confidence Index continues to show recruiter confidence for the next six months will improve. It has remained at this level for the third month in a row, which confirms no change in overall executive hiring. If the RCI were above 50 percent, we would be looking for a more broad-based expansion.

When you are used to being on a bit of a roller coaster, stability feels like good news, and certainly the solid and more consistent tone and remarks from the Federal Reserve about ending quantitative easing is a hopeful sign that the economy is becoming stronger.

 

 
The "tea leaves" for the next six months continue to point neither to an expansion of the executive job market, or to a further slowdown.

Our exclusive Recruiter Confidence Index continues to show that about 45 percent of recruiters think the executive job market is going to improve in the next six months. This has been constant for the last three months. Importantly, 43 percent are in the "middle" and only "somewhat confident" it will improve, and 12 percent are not confident at all that it is going to improve — clearly in industry sectors that are not showing signs of growth. The May US Job Market Report just came in and points to job creation at about 175,000 jobs per month — no breakthroughs seen there either.

 

Published on: Monday, June 17, 2013

While You Were Out…

Posted By: William Flammé, ExecuNet Managing Editor
Filed Under: executive recruiters, executive job search, most read, popular, employment, interviewing, salary, compensation, negotiation, william flammé
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How willing are employers to go beyond salary range for a position? That's what one ExecuNet member had to find out when he learned from a recruiter that he expected too much money for a role that met his qualifications and interest.

Recruiter Andy Borkin, President of Strategic Advancement, suggested the job seeker not worry about salary yet. "You need to concentrate on getting this company to believe you are the only person for this job, and you will do this by talking about your prior accomplishments and how they relate to the company's needs. If they feel you are the right person, there are many ways to get to the total compensation level you seek. It could be through base, bonus, a hiring bonus etc. None of this should be brought up until you get to the end of the process. If asked what you are looking for, just respond with, 'I am sure you will make me a fair and equitable offer.'"

 

 
Business and consumer confidence levels have, in recent years, become increasingly popular barometers of economic health. Whether it's a survey of CEOs' outlooks on growth and hiring, consumers' views on just how much they'll spend ahead of the holiday shopping season, or ExecuNet's own monthly tracking of what executive recruiters see over the horizon, confidence means a lot when uncertainty is high.

 

Published on: Wednesday, May 22, 2013

Job Creation Remains Constant

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The April jobs report showed a rebound in new jobs added back to the average we have seen for months — 165,000 jobs — and the unemployment rate declined slightly to 7.5 percent. Economists only expected 140,000 jobs to be added, and they thought the unemployment rate would remain steady. The good news is that the very negative initial estimate of jobs added in March of 88,000 was revised to 138,000 jobs added and February's strong showing of 268,000 jobs was revised up to 332,000 jobs added.

The government also recently released GDP growth for the first quarter at 2.5 percent up which was a rebound from +.4 percent from the fourth quarter and back to more consistent levels of the last year.

 

 
At 42 percent in April, ExecuNet's Recruiter Confidence Index, languished just below the 50 percent mark which indicates a major advance. Solid, but not breakout, job creation and economic growth is likely to continue into the second quarter, unlike last year when it did not follow through and dipped back after a fairly strong first quarter, averaging just 100,000 jobs added per month.

 

 
Want to know why you're not getting interviews for positions where you're sure you meet the qualifications? Your résumé is immediately being screened out for a reason you don't even realize or a detail you might think is minor, but is sending a huge red flag to a recruiter.

There's an active discussion underway in ExecuNet's Job Search and Career Roundtable about beating the applicant tracking system with great suggestions for how to maneuver through technology and get to the "human" who is involved with human capital decision-making.

But what if your résumé beats the technology system only to be tossed aside by the person responsible for calling you for an interview because you did one of the things that recruiters told us will screen you out?

 

Published on: Thursday, May 09, 2013

Where Recruiters are Going — You Should be There Too

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When I woke up in the Boston area the Friday after the marathon and heard about the manhunt underway, I immediately thought about the safety of the residents and how much they already endured over the past week.

Next, I remembered why I was there and wondered about the timing of the networking meeting we were having for ExecuNet members. The meeting was at 7am and members were traveling some distances; how could we reach all of them upon hearing there was a suspect loose and advisories not to travel around the immediate area?

Despite the circumstances, about 20 senior-level executives were already gathered for the meeting. Since most of the attendees were from out-of-town, many did not get the community notifications, phone calls or mobile alerts advising them to stay put.

As long as we were all there, however, we were determined to maximize the time together. Led by ExecuNet Managing Director Don Weintraub, the group of executives — including a senior VP of HR who provided the recruiter point-of-view — got some tactical solutions to the challenges they faced in their job searches.

 

 
Contrary to the song, one bad apple can spoil the whole bunch, much like a poor attitude can quickly become contagious in a close working environment. Conversely, happiness can be infectious. That's why when given a choice between an "A-Player" with a bad attitude and a "B-Player" with a good attitude, senior managers overwhelmingly choose disposition before qualifications.

Corporate business leaders are emphasizing the importance of cultural fit and think a positive attitude can have a great effect on team morale, particularly as economic factors cause companies to struggle with employee engagement and motivation.

 

Published on: Thursday, March 07, 2013

Are You Looking in the Right Place?

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Executives get where they are by staying a step ahead, by identifying opportunity or seeing the beginning of a trend before the mad rush. If you're looking at what's next for your career, ExecuNet's recent survey of executive recruiters revealed the growth industries and functions for 2013 — areas where they expect to see the most hiring for executive talent.

 

Published on: Thursday, January 31, 2013

Signs that the Business Cycle Remains Relevant

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Improvements in the US real estate market, higher rates of employment and hope for better economic conditions in the new year are combining in some really positive ways to give business leaders some level of confidence that the business cycle many of us learned about in college remains a relevant signpost of growth. What's that? Is it possible that some of you haven't heard of the 'business cycle' for years?

Well, if that's the case, it's probably because the US economy has, over the past four-and-a-half years, been stuck in a historic trough so deep and filled with bad news about business growth and pessimistic views of the economic landscape it's been hard to envision a return to the boom years we knew over a decade ago.

 

Published on: Monday, December 10, 2012

Recruiter Confidence Wanes Post-Election

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The increasing confidence that executive recruiters showed in October prior to the election reversed in November. Recruiter confidence plunged from 46 percent to just over 30 percent, dipping to the lowest level of confidence registered this year. Meanwhile, the number of executive recruiters who are not confident the executive job market will improve increased to the highest levels seen in the last four years.

 

Published on: Wednesday, November 14, 2012

Recruiter Confidence Jumps in October

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Even before the November election, recruiters were growing more confident that the executive job market would improve over the next six months. ExecuNet's exclusive Recruiter Confidence Index jumped to 46 percent in October, just below the important 50 percent level that would signal a more expansive and broad based recovery of the executive job market over the next six months.

 

Published on: Friday, September 28, 2012

Enlist Your Job Search Scouts to Help You

Posted By: Robyn Greenspan
Filed Under: robyn greenspan, executive job search, networking, employment, job search scouts
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In the article, Three Things You Can Do to Help Others Find You the Right Job, I made a reference to "job search scouts" as people you've deputized to help you seek new opportunities. An ExecuNet member fairly asked "who those job search scouts are?"

Job search scouts can be categorized into two groups:
  1. People you know — those who want to help
  2. People you don't know — those who can help


 

Published on: Thursday, May 17, 2012

3 Career Lessons from Vanilla Ice

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I think I spent a little too much time alone in the car recently, because Vanilla Ice was sending me career messages while I sang along to "Ice Ice Baby." Cast no judgment on his music, sense of style or dance moves; you can find some inspiration when you sift through the beats:

 

 
Howard Schultz, the former kid from Canarsie, is now mostly known as the king of coffee, but last year, he set his sights beyond Starbucks with social initiatives for cutting the debt, creating jobs and healthcare accessibility.

In just four years, Schultz took Starbucks out of a downward spiral and revitalized the brand, re-centering the focus on the core mission. In 2007, Schultz felt the Starbucks experience and the "theater" of the coffee shop were being diluted. The company was feeling the gravity from the impending financial crash, cutting 6,700 jobs and closing 800 stores worldwide.

 

Published on: Tuesday, April 24, 2012

President Clinton Positive about Interdependent Future

Posted By: Robyn Greenspan
Filed Under: world business forum, employment, wbf, future, world economy, president clinton
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Bill Clinton is uniquely qualified to offer perspective and potential solutions for bolstering the American economic system. His eight years in the White House have been followed by global volunteer work in places like Haiti, while his wife, Hillary Clinton, attends to her duties as Secretary of State.

"I'd like to give you framework for which I view the world, including the current economic crisis, not so you can agree with me but so you can form your own framework," the former president offered at the 2011 World Business Forum, where ExecuNet exclusively reported,. "We're experiencing the political equivalent of chaos theory in physics. It's inherently confusing and in need of clarity."

 

Published on: Friday, June 17, 2011

What You Said: Leadership

Posted By: Robyn Greenspan
Filed Under: robyn greenspan, leadership, employment, executive, vision, tony vlahos, integrity, mood
Comments (197)
 
In a recent blog post, Screaming, ExecuNet CMO Tony Vlahos shared what he thought were the characteristics that made a great leader. More than 100 of our readers responded, chiming in with the qualities they felt necessary for effective leadership.

 

Published on: Thursday, July 08, 2010

Slow but Steady

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Listening to the media's analysis of the job reports last Friday, where 125,000 jobs were lost in the economy, reminded me of the old story about the pessimist and the optimist and the glass filled only to the mid-point. Is it "half-empty" as the pessimist would call it or "half-full" as the optimist would?

Pessimists read into the employment numbers, as one Wall Street Journal headline did, that the number just passed "the crash test" — meaning that the numbers were barely encouraging except for those looking for a "double dip" in the economy.

Optimists saw "steady but slow" growth in private sector employment over the past six to nine months, and the wow for them was how much better things were than last year, even as recently as last fall.

 

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!


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