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Kaarla McKenzie named chair of Executive Recruiters group

Kaarla McKenzie is the new chair of the global board of directors for the National Association of Executive Recruiters. McKenzie is president and managing director of Source Executive Search | Consulting Inc. in Tampa.

During her one-year term as chair, McKenzie’s primary duty will be to plan the association’s annual conference in Chicago in 2010.

The conference consists of both an educational training component open to non-members and a members-only meeting that includes electing the board and voting in potential member firms. McKenzie hopes to increase membership by fostering relationships with attendees and boosting public awareness of the NAER.

McKenzie accepted the chair position at the 2009 conference in April, replacing Deborah Hall-Kayler of Hall Associates Ltd.

The NAER is “almost an advising board of folks within the search industry,” said McKenzie. “Having the advice and support of other professionals who know the ups and downs of that business is very valuable.”

McKenzie began her recruiting career in 1994 with an initial focus on communications and information technology. In 1999, she joined PLA Inc., focusing on advertising and marketing recruitment.

In 2001, she assumed responsibility of the firm’s daily operations and, in 2004, changed its name to Source Executive Search | Consulting. The firm now focuses on recruitment for advertising, marketing, media, sales promotion and public relations.

Founded in 1985, NAER is a professional association of niche recruiting firms in the United States and Europe. It provides hiring assistance to its 15 member firms and helps to maintain the programs, services and outreach that will enhance members’ ability to provide quality service to clients.

>>> Tampa Bay Business Journal

InterSearch celebrates 20th anniversary

InterSearch celebrates 20th anniversary

InterSearch Worldwide, a leading international network of executive search firms, celebrated its 20th birthday during the organization's annual conference, held in Budapest between May 28-31.

Consultants from InterSearch offices across the globe gathered in the Hungarian capital to exchange views and information on the state of the executive search market in 2009 and beyond, and to celebrate two decades of offering top quality services and delighting clients.

This year the recipient of InterSearch's annual Excellence Award was Heinz-Dieter Hestermann from Germany, one of the founders of InterSearch Worldwide and a former Chairman and member of its Board of Directors. Heinz-Dieter was honored for his invaluable total contribution to the organization.

“A new generation of talented consultants are already contributing to InterSearch's success and will lead this organization for the next 20 years, inspired by the vision, principles and values our founders instilled,” commented Patricia Epperlein, Chairwoman of InterSearch Worldwide.

Intersearch’s Hungarian shareholder is the Dr. Pendl & Dr. Piswanger International Ltd. It’s managing director András Lipcsei told the BBJ:

“Following the annual conferences and due to the intensive personal contacts and networking the business volume usually increases in the host country. That was the reason why we invited – for the 2nd time during the history of Intersearch - the conference to Budapest. We wanted to demonstrate that despite the economic downturn the country functions and there are people in the business life who do a lot for preparing their organization and themselves for the upturn.”


Free Webinar - Google Resume Search - Tips, Tricks and Tools

eGrabber Cordially Invites You To A Free Webinar on

Google Resume Search
Tips, Tricks and Tools

Presenter :Mark E.Berger, CPC, AIRS CIR 
Internet Sourcing Expert
Date :Thursday, June 25, 2009
Time :1:00 PM Eastern
(10:00 AM Pacific | 12:00 PM Central)
Duration :60 mins
Register Now
Searching for resumes on the Internet can be quite frustrating if you are not an expert in boolean search commands and techniques. Today, most recruiters do not have the time required to learn complex search commands and algorithms. But being able to quickly zero in on relevant passive resumes on the Internet, without being a search expert, would be a tremendous competitive advantage for busy recruiters.

This free webinar will introduce you to

1)Google resume search basics
2)Tools that automatically search resumes from Google, Yahoo, Live, AltaVista, etc
3)Tools that automatically import, screen and transfer resumes to your database
4)Best practices in online recruiting, that will help raise the value you provide to your clients

Spending just 60 minutes on this webinar will open your eyes to simple solutions that will help you to source and process resumes in 1/5th of the time it would take, if you were to do it manually.

Webinar attendees will receive an exclusive discount on eGrabber's power tools for recruiting - ResumeFinder and ResumeGrabber Pro.
Register Now

Leadership & Management Training Funding

Leadership & Management Training Funding
Make sure you and your key people are managing your business and team to best effect - and have the government pay for the training!
Minimum £500 worth of FREE specialist recruitment training - grants available now!
Money is available to any company with between 5 and 250 staff to help support leadership and management training and development. Under the 'Train To Gain' initiative, the government, via Business Link (or their partners outside England) will release up to £1000 of funding per company. The money will pay for the first £500 of training & consultancy you receive from an approved supplier such as us and then another £500 is available as matched funding i.e. you invest up to £500 and they will match it.
Depending on your requirements, you have a number of options here at RMI available to you to maximise the benefits of what we have to offer. For example, you could put two people on ourIntroduction To Management open course at no cost to you at all. Other recent examples include a client who sent their management team on our Successful Head-Hunting course so that they could direct and train their team better. We've also gone in-house to work with the senior team of a recruiter to provide management consultancy services.
Essentially, you can receive up to £1500 of our training or consultancy services for just a £500 investment. As a minimum you will be able to receive £500 of FREE training funding to spend with us. Call us to discuss how you could best utilise the funding available. It's not too painful either to apply.
What's involved?
  • Your first step is to give us a call to discuss your interest and to enable us come up with an outline training/consultancy solution. You should then contact Business Link to register your interest in utilising RMI to deliver your training/consultancy requirements. To find your regional Business Link, please call the Business Link Helpline on Tel 0845 600 9006.
  • Once registered, a Leadership and Management specialist advisor will visit you in order to agree your skills needs and write a personal development plan (PDP) with the leader/manager which confirms the training and development identified. Funding is made available on the basis of the PDP. You will not have lots of forms to fill or paperwork to manage - your advisor will take care of everything on the visit.
  • After the PDP has been finalised, RMI will work with you to finalise your requirements to meet your objectives and put in place the training for you. We will then deliver this to our normal level of excellence and confirm the same for payment of funding to be expedited.
This is a highly cost-effective solution to help you get the training and advice you need to manage your business and your team to better effect in these challenging times.
What's the next step?
If you need more information or want to discuss your options further, please emailinfo@recruitmentmatters.com or call Matt or Ken on 0800 0749289.
See below for our full June - September 2009 open course training schedule. To download a booking form, please click here.
Don't forget that we offer in-house versions of all our courses and can tailor to your specific requirements. If this is of potential interest, please contact Ken ken@recruitmentmatters.com or call 0044 1945 461561 to discuss this option further.

To Contact Recruitment Matters International please use the form or the following information:

Postal address :
Recruitment Matters International Ltd
2 Oakfield Road
Coventry CV6 1ED

Tel: 0800 074 9289 from UK - ask for Emma/Ken
Tel: +44 (0) 1483 755559 from Overseas
Fax: +44 (0)1483 761709

Customer Consulting launches interim division

The specialist customer and change management company Customer Consulting Ltd (CCL) has launched an ‘interim division’ to provide highly skilled and knowledgeable staff to help solve organisations’ temporary skills shortages. Current interim management customers for CCL include Orange, BUPA and Aviva.
CCL’s managing director, Simon Rustom, explained: “In the current economic recessionary climate, ‘costs are king’. So, while all the ‘gurus’ tell us that we shouldn’t be cutting costs indiscriminately, the reality is that projects are being stopped in an attempt to cut costs; organisations are reducing their headcounts – making staff redundant, and so on.
“Because of cost cutting that has already taken place, many organisations are now realising that they have shortages in some of the skills that are key to their business. In looking to overcome this problem, these organisations want to have access to these skills – but on a more flexible basis and at a lower rate than they were used to paying.”
Sally Rustom, head of CCL’s interim division, commented that: “CCL’s interim division has staff working on projects in the private health, telecoms and financial services sectors. All of our clients in these sectors are buying our interims’ customer management expertise in a range of skills – including sales skills, contact centre management, IT, business strategists, project management, HR and training.
“This offers companies an excellent opportunity to bring in highly skilled and experienced people on a temporary, interim basis, rather than merely outsource these projects to large consultancies. CCL, with its expanding bank of highly knowledgeable and skilled consultants, is both able and happy to supply these high calibre people.
“We’re finding that companies are now keen to invest in customer-related projects,” she continued. “While, in the past, there was a great deal of interest in investing in IT systems and the latest technology, most of this new investment is being directed towards customer retention activities.
“Traditionally, selling IT systems on the basis of what they can do rather than what the business needs has resulted in disappointment because these systems could not deliver the results that were required. The key watchword today seems to be not what IT can do for a business but what the business needs from its IT.”
For further details of CCL’s ‘interim’ services contact Kathy Duxbury at CCL on 01908 441012 / 07976 405779, or emailkathy.duxbury@customerconsulting.com
About Customer Consulting Limited
Customer Consulting Ltd (CCL) is a specialist customer and change management company. It helps organisations to optimise their return on investment in customer management - especially contact centres and customer-orientated information and technology.
Its vision is to demonstrate that a best practice approach to customer management delivers sustainable business growth. CCL aims to deliver a combination of insight, intellect, wisdom and pragmatism - combined with a real understanding of people - to achieve commercial results that are beyond the norm. Using a joint project team approach, CCL offers advice and support to help companies develop and implement customer strategies that produce results.
With its 100 consultants averaging 20 years experience, CCL helps business leaders and their teams – including those at Norwich Union, BUPA, South West Trains and National Express Group – to activate their internal resources and ensure measurable success.

Customer Consulting Limited
500 Avebury Boulevard, CENTRAL MILTON KEYNES, Bucks, MK9 2BE
Kathy Duxbury, 
Customer Consulting, 
00 44 (0) 1908 441012
00 44 (0) 7976 405779

Korn/Ferry acquires Whitehead Mann

Korn/Ferry International has acquired City recruiter Whitehead Mann. Financial details of the merger have not been revealed.

Gary D Burnison, chief executive of Korn/Ferry International, says: “The combination of Korn/Ferry and Whitehead Mann represents a marriage between two of the industry’s most pre-eminent executive search and leadership firms. The strategic alignment of our firms brings together a more comprehensive, diversified organisation that will deliver unmatched capabilities and further extend our brand throughout the world.”

Piers Marmion, chief executive of Whitehead Mann, who is due to be appointed to the role of chairman of Europe Middle East and Africa for Korn/Ferry, says: “Whitehead Mann and Korn/Ferry are both leading brands closely aligned in practice areas, markets and our overall strategic approach to working with clients. This merger will extend our collective capabilities, build on our shared strengths and create more opportunities with clients who will benefit from our unparalleled, combined expertise.”

Recruitment Society chairman Steve Huxham, who runs his own executive search firm Hux Executive Recruitment, told Recruiter: “One would have to ask whether this is being done from a position of strength or weakness in the market.

“There has got to be questions over conflict of interest and off-limits agreements with the clients of both firms.

“I suspect that there will be an awful lot of big firms looking at their list of headhunters.”


Yahoo Names Ex-GE Veteran “Tim Morse” As New CFO

Yahoo Names Ex-GE Veteran “Tim Morse” As New CFO

Sunnyvale, California -- Yahoo! Inc., the leading second most U.S. Internet search engine, on Thursday named “Tim Morse,” a 15-year veteran of General Electric, and currently Altera Corp.'s chief financial officer as its finance chief, replacing the recently departed Blake Jorgensen, the latest move by the Internet company to rebuild itself in the image of its new chief executive.

Morse, who has worked at General Electric Co for 15 years, and was currently senior vice president and chief financial officer at Altera Corp., the Silicon Valley chip company.

Morse will start work at Yahoo on June 17 and take the CFO role on July 1, the Sunnyvale, California-based company said today in a statement. Morse will be reporting to CEO Carol Bartz, who has been reshuffling management and streamlining operations since she took over the helm of the company in January.

Morse, 40, will succeed Blake Jorgensen, who plans to join Levi Strauss & Co. as its finance chief on July 1.

“Tim has a proven ability to translate strategy into structure, process, and execution, and I am delighted that he will be joining my leadership team to help drive Yahoo!'s growth,” Bartz said.

Yahoo turned to Morse because of his ability to manipulate complex organizations, Chief Executive Officer Carol Bartz said. He is perhaps the most high-profile hire to date for Bartz; Yahoo announced Jorgensen's departure as part of a management shakeup in February, about a month after Bartz took over as CEO but has kept him on the job while she searched for his replacement. She has closed businesses, such as Yahoo's travel service FareChase and the storage site Briefcase.

Bernstein Research analyst Jeffrey Lindsay said the appointment of Morse suggested that Bartz wanted someone to focus on “no-frills financial management,” run a tight ship and get into the nuts and bolts of reducing operating expenses.

“The difference was, I think, Blake Jorgensen had come from the investment banking side. He was much more of the strategy and the big picture,” said Lindsay.

“This guy is going to bring a whole bunch of big mature company processes and procedures with him, and would be able to sort a lot of stuff out at Yahoo that has been a bit loose and lackadaisical if you will,” he said.

Morse, will receive an annual salary of $500,000, subject to annual review, and a sign-on bonus of $500,000. He has a target bonus of 100 percent of his base salary, of which 70 percent will be based on company performance and 30 percent on individual performance, Yahoo said in a regulatory filing.

Altera, based in San Jose, California, specializes in programmable chips for communications, industrial, and consumer applications, said a search for Morse's replacement is under way -- appointed James Callas, currently vice president of finance and corporate controller, as acting CFO.

Prior to joining Altera, Morse served as finance chief at General Electric Plastics during his 15-year career at the company. He has a bachelor’s degree in finance from Boston College.

Bartz is slowly filling out her roster of lieutenants, recently hired chief marketing officer Elisa Steele into the fold in February amid a significant reorganization. Yahoo is still searching for a head of international operations after hiring Jeff Russakow in April as the head of a new customer advocacy group created by Bartz.

Shares of Yahoo edged higher to $16.26 in extended trading, from their close of $16.19.


Positive outlook for executive search

The executive search sector is feeling positive about the second half of the year.
Key findings from the Association of Executive Search Consultants (AESC) Member Mid-Year Outlook Survey show that 64% of consultants held a neutral to positive outlook for the senior executive recruitment industry for the second half of 2009.
Even more promising was the 73% neutral to positive outlook for individual search practices for the same period. Half the respondents reported having seen an improved demand for retained executive search during April and May against the first three months of this year.
AESC president, Peter Felix, says: “Following an economic crisis of this severity, a neutral to positive outlook from AESC firms is most encouraging.
“Our members have been badly affected by the hiatus in hiring at the senior level but are ready to help those clients now re-entering the market to both upgrade their senior staff and to invest for the future.”
Sectors seeing significant improvements were consumer goods and services and life sciences/healthcare, followed by energy/natural resources.


Latin America: Driving Toward Sustainable Business Advantage

Like many other regions impacted by the global economic crisis, investors and business executives across Latin America have been forced to recalculate expectations of return on investment and corporate earnings.

In recent months, most financial analysts have revised growth expectations for the region downward. A recent survey of more than 100 executives from large, mid-sized and small banks from 19 Latin American and Caribbean countries by the Inter-American Development Bank and the Latin American Bank Federation (FELABAN) finds that most of these respondents expect to feel the impacts of the global financial crisis for one to three years.

The Organisation for Economic Co-Operation And Development (OECD), in its Latin American Economic Outlook 2009, acknowledges important challenges for the region, including “revenue generation that relies on volatile non-tax sources and regressive indirect taxes…” and recognizes the key linkage of fiscal policy and development as a key indicator of economic growth within the region’s high-potential economies.

The clear consensus among the region’s bankers and other business executives is that 2009 will, no doubt, be a challenging year for Latin America and other regional players in the world economy.

Yet the same OECD outlook report recognizes steps taken by Latin American governments since the end of the debt crisis of the 1980s that have “reduced deficits, lowered fiscal volatility, increased public expenditure and pioneered fiscal innovations.”

Lessons learned from the region’s past experiences with debt and currency crises and volatile commodity markets provide Latin American business executives the perspective, experience and agility to adapt to shifting business challenges and the resourcefulness to seek out new opportunities for business growth.
While the business community in some parts of the region remains in need of political and economic stability, there remains a significant growth story to tell.

Long overshadowed by the explosive growth of Asian economies, Latin America continues to reveal its market potential even amid the turbulence of the global economic dynamic...

Download the complete white paper here:
About Transearch International
Transearch International executive search firm has representation in most of the major economic centres of the world with 53 offices in 36 countries and is currently rated as the 9th largest global executive search firm by Executive Recruiter News (ERN). Transearch International was founded in 1982.

Boyden Names Lonnie Taylor as Managing Director in Washington, DC and Baltimore, MD Offices

Boyden Names Lonnie Taylor as Managing Director in Washington, DC and Baltimore, MD Offices

- Global Firm Deepens its Government Relations and Public Sector Practices -
Boyden, a global leader in retained executive search, has named Lonnie Taylor as Managing Director in its Washington, DC and Baltimore, MD offices. Taylor joins Boyden after his most recent service in conducting senior leadership searches for a major, international executive search firm, where as a partner he led their Government Affairs practice. He will lead the firm's Government Relations and Public Sector practice and will conduct senior management searches across-the-board for functions within government and for those firms and organizations that interact with government.
"We are excited about having Lonnie as a key member of our team," said Tim McNamara, Managing Partner in Boyden's Baltimore-Washington office. "He has the unique combination of government experience, business expertise, and executive search industry knowledge, which will make all the difference in helping to fulfill current and prospective client needs. Lonnie's strategic and managerial experience will be key in strengthening Boyden's presence nationally and in the metropolitan region."
Mr. Taylor stated that becoming a member of the Boyden team was a natural next step, given their 60 plus years of experience and boutique firm focus on client services, despite their global reach and offices in 70 cities worldwide. "Boyden's hands-on approach in working closely with its clients, anticipating their needs, and providing entrepreneurial search approaches are critical and timely as clients meet the challenge of surviving and growing in this harsh economic climate," Taylor said. "While there may be some restructuring and positioning within the search industry, it is clear that Boyden is well-positioned to play an enlarged, pivotal role in finding, placing, and maintaining senior talent in government-related roles. It is something that Boyden's senior management takes very seriously."
Prior to his search career, Lonnie was a government relations officer with the Nextel Corporation, Co-Chair of the Public Policy Practice of the law firm of Powell, Goldstein, Frazier and Murphy, and Senior Vice President- Congressional and Public Affairs of the US Chamber. Mr. Taylor has served in both the Legislative and Executive branches of the Federal government, including 17 years on Capitol Hill (both the Senate and the House) and as a presidential appointee with the U.S. General Services Administration.
About Boyden World Corporation
Boyden is a global leader in the executive search industry with more than 70 offices in over 40 countries. Founded in 1946, Boyden specializes in high level executive search, Interim Management and Human Capital consulting across a broad spectrum of industries. For further information, visit the firm's website at www.boyden.com .


John A. Boehmer, Technology Industry Executive Search Veteran, Joins Fairfield Partners

John A. Boehmer, Technology Industry Executive Search Veteran, Joins Fairfield Partners

Partnership Growth Shows Continued Momentum at Executive Search Firm/New Web Site Released

Fairfield Partners, an innovative retained executive search firm specializing in Technology and Consumer Products markets, today announced that John Boehmer has joined the firm as a Managing Partner.
John has a vast array of experience in technology and executive search. His career includes being a Principal and Partner with Russell Reynolds and Korn/Ferry respectively and extensive experience launching and growing three boutique search and professional services firms. Additionally, he built and led a global executive search organization inside a publicly traded Internet holding company.
John has successfully completed engagements across every function in an organization including CEO, COO, CFO, CTO, CMO as well as VP-level assignments in Sales, Marketing, Operations and Product Development. His undeterred focus on execution excellence has generated a reputation for performance, and a contact list 20 years deep. John's clients have spanned from venture-backed emerging and mature growth companies to global large-cap software and media firms.
"Eric Montgomery and I could not be more excited about John joining the management team of Fairfield Partners," states Brian Curry, firm co-founder. "John's formidable skills and proven industry leadership are an enormous asset that will accelerate the firm's impact in both traditional and emerging technology sectors."
In his role at Fairfield Partners, John will maintain his focus on executing senior level search assignments in Enterprise Software, SaaS, Internet eCommerce, Digital Media and other high growth areas in technology.
"In a challenging market environment where a company's ability to attract top talent is essential to its success, tech industry leaders turn to John for their most critical recruitment efforts," says Montgomery. "Making that kind of market impact is what Fairfield Partners is all about."
"I am thrilled to be a part of a team that includes Partners with a combined 40 years of operating experience within highly successful software and Internet companies, and the insight that will bring to our clients," says John.
About Fairfield Partners
Fairfield Partners is a retained executive search firm specializing in providing High Impact Leaders for today's growing Technology and Consumer Products companies. The firm works with early stage and mature growth companies and their associated Venture Capital and Private Equity firms, taking a highly customized approach to tackling the most demanding search assignments.
Eric Montgomery


Fairfield Partners retained executive search firm, Norwalk, CT

Jobs in Connecticut
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TheLadders.com Wins Webby Awards for Best Employment Website and Best Rich Media Advertising: Business-to-Business

TheLadders.com, the world's leading online service catering exclusively to the $100k+ job market, has won Webby Awards for Best Employment Website and Best Rich Media Advertising: Business-to-Business category for its “100K Experiment” interactive advertising campaign. The 13th Annual Webby Awards received nearly 10,000 entries from more than 60 countries and all 50 states. TheLadders.com and all other winners will be honored at a star-studded ceremony in New York City on June 8.

“We are truly honored to receive two Webby Awards this year,” said Alex Douzet, co-founder and President of TheLadders.com. “To be recognized as Best Employment Website honors the passion of TheLadders.com team and our ongoing commitment to provide the most effective online solution to help our members find their next executive level job.”

Hailed as the "Internet's highest honor" by The New York Times, The Webby Awards is the leading international award honoring excellence on the Internet, including websites, interactive advertising, online film and video, and mobile websites. The Webby Awards is presented by the International Academy of Digital Arts and Sciences, a 650-person judging academy whose members include Internet co-inventor Vint Cerf, R/GA's Chief Bob Greenberg, "Simpson's" creator Matt Groening, Arianna Huffington and Harvey Weinstein.

Founded in 2003 by Marc Cenedella, TheLadders.com only posts $100K+ job listings covering all major industries. The majority of the job postings are for C-level, vice president, director and manager positions. According to an independent survey of recruiters focusing on $100K+ talent, TheLadders.com ranked #1 for overall satisfaction when compared to all major online competitors.*

*ResearchNow Recruiter Usage Study, December 2008.

About TheLadders.com

TheLadders.com is the world's leading online service catering exclusively to the $100k+ job market. Our job is to make the search for senior talent and senior positions quick and effective. With access to the most $100k+ jobs in one place, senior level professionals can get to the next step in their careers faster. Top recruiters value the ability to quickly and easily connect with so much qualified talent in the sales, marketing, finance, HR, legal, tech and operations industries. In addition to traditional job search services, TheLadders.com also provides a host of specialized career development resources, including an executive resume service; advice from career experts; customized online profiles; and e-mail alerts. Founded in 2003 by Marc Cenedella, TheLadders.com is headquartered in New York with offices in London. For more information, please visit http://www.theladders.com.


Former Boyden players help DHR launch Michigan expansion

With several former employees of Boyden Executive Search's Michigan office in tow, Chicago-based DHR International is expanding DHR's presence in the state and subsidizing the operation until Michigan's economy rebounds.

“We believe in the area, ... the people ... and the businesses of Michigan, and we're willing to invest,” said David Hoffmann, CEO of DHR. 

The privately held company — which claims to be the fifth-largest executive search firm in the country, with revenue of “more than $100 million” and a presence in Asia and Europe — had many expansion sites from which to choose when it picked Michigan, Hoffmann said. 

“We absolutely believe ... the auto industry will recover, and we think there are other viable industries in Michigan that have been somewhat overlooked by the fact that no other top national executive search firm has an office there.” 

DHR will invest “whatever it takes for us to be successful” in Michigan, Hoffman said. “We think this is a unique opportunity for us, and we're seizing that opportunity.” 

He projects the Michigan office will grow to $2 million to $3 million in annual revenue. 

Doug Allen, who had been managing director and president of Sullivan & Associates in Birmingham when it operated as a Boyden licensee, left the firm in mid-May to join DHR as managing director of its new Michigan office.


Executive Job Market Intelligence Report: Second Half of 2009 Looks Better

Complacency Could Prevent Some Companies and Senior Executives From Benefitting 

Following a decline in executive search assignments in 2008, job growth for business leaders is expected to continue to contract through the first half of 2009 before confidence in an economic rebound builds late in the year, according to ExecuNet's 2009 Executive Job Market Intelligence Report. 

Published annually for the past seventeen years by ExecuNet, a private professional network for business leaders, the Executive Job Market Intelligence Report provides corporate leaders, human resource professionals, and executive recruiters with proprietary market intelligence on key trends and best practices in executive-level career development and executive recruitment and retention. Executive-level denotes professionals at the Director/Vice President/C-level with total annual compensation of $150,000 or greater. 

"The worst recession in decades is taking its toll on the executive employment market, but it is not affecting all industries or all companies equally," says Mark Anderson, President and Chief Economist at ExecuNet. "While the number of jobs is down and opportunities are harder to find, new leadership roles continue to be created - and found - by those who remain visible and connected. No one can afford to hit the snooze button on their career waiting for a recovery to arrive." 

According to the report, which is based on a simultaneous survey of 5,060 executives and 476 search firm consultants and corporate human resource professionals, executive recruiters expect search assignments to decrease 14 percent in the first six months of 2009 before rebounding to close the year down just 4 percent. However, just 8 percent of CEOs are preparing strategies for an economic upturn and 46 percent of all executives report that their highest priority is grappling with the uncertainties of the market. 

"Unprecedented economic uncertainty has many organizations and executives focused exclusively on survival,"says Dave Opton, CEO and Founder of ExecuNet. "While this bunker mentality is a well-traveled path during downturns, the consequences can be costly, as executives who are not building sustainable relationships in their network won't be able to revive it in time for the turnaround." 

Highlights From The 2009 Executive Job Market Intelligence Report: 
Employment Market Outlook
Despite the economic downturn, 60 percent of search consultants believe there's a shortage of qualified executive talent. The industries expected to generate the most executive job growth in 2009 include: Healthcare, Clean/Green Technology, Pharmaceuticals/Medical/Biotech, Energy/Utilities, and Business Services. 

Job Satisfaction
Job satisfaction is on the rise, as 70 percent of all employed executives report they are satisfied with their current jobs – up sharply from 53 percent in 2007. However, this may be more gratitude than true satisfaction, as 70 percent say they are ready to listen if a recruiter calls. To attract new executive talent, companies must appeal not only to the desire for challenging work and a great boss, but must also answer executive concerns surrounding industry prospects and job security, which together represent the biggest reason for dissatisfaction. 

Executive Compensation
Total executive compensation on average decreased 1.7 percent in 2008. Women executives showed closer compensation parity to men than in prior years, except at the top of the organization, where a 14 percent average pay differential is reported. Approximately one-third (34 percent) of all executive compensation packages negotiated in the past 12 months featured guaranteed severance lasting an average of just over eight months. Amid increasing public scrutiny, 39 percent of all executive compensation packages featured perks, including company cars, club memberships, housing, and favorable loans – down from 51 percent one year ago. 

The average executive tenure continues to decline from 3.2 years in 2007 to 2.8 years in 2008; a result of corporate belt tightening and increasing demand for different skill sets in key leadership functions. From preparation to landing, job search is taking longer. Executives in a job search now expect to spend an average of 10.1 months searching for their next position regardless of their employment status. 

Candidate Sourcing/Job Search Strategies
     Networking accounts for almost three-in-four (73 percent) job opportunities uncovered by executives - trumping job websites and other forms of advertising.
     Approximately one-in-five searches conducted by corporate HR professionals during the past 12 months was filled by a candidate from another industry, as companies focus on "trading up"for different skills to fill their existing executive positions. 

For more information on these topics and others including the fastest growing functions and regions, most effective networking strategies, and top professional priorities, a summary of the 2009 Executive Job Market Intelligence Report is available at www.execunet.com/marketreport. 

Founded in 1988, ExecuNet is a private network for business leaders who believe that the right connections can produce extraordinary results in their careers and organizations. A recognized authority in executive recruiting and human capital, ExecuNet provides members access to confidential six-figure job opportunities, proprietary research, and pragmatic advice. For more information, visitwww.execunet.com.

Twitter for Recruiters

Special Webinar - Tuesday, June 9 - 12:00 EDT
Twitter for Recruiters
With Mark Berger and Bill Radin
You've heard of Twitter. You've seen it promoted on CNN and other cable news shows. Maybe you're already getting Tweets.
But how much do you know about Twitter as a recruiting tool?
If you'd like to learn more about how to use Twitter —from a recruiter's perspective — please join us for a special Webinar on Tuesday, June 9 at 12:00 noon EDT. Here's a sample of what we'll cover:

What is Twitter?
How to set up your Twitter account
All about Tweets
How to source candidates on Twitter
Marketing on Twitter
Twitter's applications and resources
Twitter's special functions
How to increase the number of followers
Fact check: Tuesday's class is primarily for those with a beginning or intermediate level understanding of the Twitter service. We'll give a more advanced training class later this year.
For recruiters who want to take advantage of this emerging technology — or who simply want to learn more about Twitter and evaluate its potential — I highly recommend that you attend our Webinar. And I can guarantee you that our Webinar will be a smart investment in your career.
For more information, please call (513) 624-7501 orvisit www.billradin.com/webinars.htm. See you online!

Korn/Ferry to Report Quarterly Earnings via Live Webcast on June 9, 2009

Korn/Ferry to Report Quarterly Earnings via Live Webcast on June 9, 2009
LOS ANGELES, June 3, 2009 – Korn/Ferry International (NYSE:KFY), a premier global provider of talent management solutions, today announced that the firm will be conducting a conference call and simultaneous live webcast to investors to report Q4 fiscal year 2009 earnings on Tuesday, June 9, 2009 at 2:00 pm EDT. The call and webcast will be hosted by Gary D. Burnison, Chief Executive Officer.

What: Korn/Ferry International to Report Q4 FY2009 Earnings,
         Investor Conference Call and Live Webcast

Who: Gary D. Burnison, Chief Executive Officer

When: 2:00 pm EDT, Tuesday, June 9, 2009

Where: Live audio webcast will be available at the following site: http://www.kornferry.com/Webcasts

About Korn/Ferry International
Korn/Ferry International, with a presence throughout the Americas, Asia Pacific, Europe, the Middle East and Africa, is a premier global provider of talent management solutions. Based in Los Angeles, the firm delivers an array of solutions that help clients to attract, develop, retain and sustain their talent. Visit www.kornferry.com for more information on the Korn/Ferry International family of companies, and www.kornferryinstitute.com for thought leadership, intellectual property and research.


Positive signs for US executive search

The outlook for the executive employment market in the US is improving, according to the latest ExecuNet Recruiter Confidence Index (RCI).
The US-based RCI climbed higher for the third consecutive month in May, reaching the 50% mark for the first time since August last year.
Of those recruiters surveyed, 57% were confident or very confident the executive employment market would improve over the next six months, up from 41% in April, 38% in March and 28% in February.
Mark Anderson, president of ExecuNet, says: “While many recruiters are still wary about the economy, a growing number are beginning to see signs indicating that the worst of the recession may very well be over.
“Executive search firms, particularly those that specialise in high growth industries such as healthcare, biotech, energy, environmental services and clean technologies have seen a clear improvement in assignment growth in recent weeks.”
The RCI is based on a monthly survey of executive search firms conducted by ExecuNet, a private network for business leaders. Designed to forecast job growth at the executive level, a reading below 50% indicates recruiters expect the number of search assignments in the next six months will decrease

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