Contenu connexe Similaire à BPI group Executive Employment Trends Q2 2013 Similaire à BPI group Executive Employment Trends Q2 2013 (20) BPI group Executive Employment Trends Q2 20132. 2 © BPI group
BPI group has established this Executive Employment Trends Report to offer visibility into the current
executive job market. We are committed to quality and results in our outplacement programs, and believe that
keeping a careful eye on trends in the market is an important way to ensure we are meeting the needs of our
career transition clients. The findings of this report are based on a survey of our executive clients who began
their job search from Q2 2012 through Q2 2013.
The Executive Employment Trends Report includes analysis of the following executive employment trends:
– Average length of the executive job search
– How the length of the job search is impacted by various factors, including:
• Base Salary Level
• Education Level
• Gender
• Age
We look forward to continuing to share the latest trends in executive employment. If you would like to learn
more about our approach to executive outplacement services, please contact Patricia Siderius, Managing
Director, Executive Outplacement Services, at psiderius@bpi-group.us or +1.630.613-6373.
EXECUTIVE EMPLOYMENT TRENDS REPORT
3. 3 © BPI group
About the executives:
This report is based on survey responses from a
sample of BPI group’s executive outplacement clients,
representing:
– 81 executives
– 16 states
– 46 companies
All executives surveyed began their career transition
with BPI group from Q2 2012 through Q2 2013.
ABOUT OUR EXECUTIVE OUTPLACEMENT CLIENTS
Accounting/Finance/Insurance 15%
Business/Strategic Management 1%
Engineering 1%
Human Resources 11%
IT/Software Development 12%
Legal 10%
Logistics/Transportation 1%
Manufacturing/Production/Operations 20%
Marketing/Product 7%
Medical/Health 1%
Project/Program Management 1%
Sales/Retail/Business Development 17%
Executive respondents represent a
diverse array of occupations:
4. 4 © BPI group
EXECUTIVE OUTPLACEMENT PROGRAM OUTCOME
While most of our executive
clients chose to seek a new job
within an organization, 5% chose
to retire, and 10% decided to
start their own business.
84%
5%
10%
1%
Executive Outplacement
Program Outcome
Landed New Job
Starting Own Business
Retired
Undetermined
5. 5 © BPI group
Executives spent an average of 4.9 months in the job search – up slightly from our
Q1 2012-2013 average of 4.5 months, but significantly less than the current national
average length of unemployment of 8.2 months.
EXECUTIVE EMPLOYMENT TREND: LENGTH OF JOB SEARCH
Status of the new job:
• 27% rated their new job as
Better than their previous job
• 60% rated their new job as the
Same as their previous job
• 4% rated their new job as
Less than their previous job
64%
14%
2%
20%
How Executives Found
Their New Job
Networking
Search Firm
Other
Undetermined
6. 6 © BPI group
EXECUTIVE EMPLOYMENT TREND: JOB SEARCH START MONTH
1
2
3
4
5
6
7
Months
Average Time to New Job
by Job Search Start Month
Key Takeaway: The average length of the job search decreased throughout 2012 and Q1 of
2013. This trend is consistent with the findings of our Q1 2013 report, as well as the national
average length of unemployment, which decreased from 9 months in June 2012 to 8.2
months in June 2013.
7. 7 © BPI group
EXECUTIVE EMPLOYMENT TREND: BASE SALARY
1
2
3
4
5
6
$75-150k $150-250k $250k+Months
Average Time to New Job
by Base Salary Range
33%
46%
21%
Survey Sample:
Base Salary Range
$75-150k
$150-250k
$250k+
Key Takeaway: Confirming the trend identified in our Q1 2013 report, executives in the $150-
250,000 base salary range continued to land new jobs the fastest, in an average of 4.6
months.
8. 8 © BPI group
EXECUTIVE EMPLOYMENT TREND: EDUCATION LEVEL
1
2
3
4
5
6
Bachelor's Master's Ph.D Some
College
Months
Average Time to New Job
by Education Level
7%
50%
38%
5%
Survey Sample:
Education Level
Some College
Bachelor's
Master's
Ph.D
Key Takeaway: Executives with Master’s Degrees landed new jobs in an average of 4.0 months
– 29% faster than those with Bachelor’s Degrees—a finding consistent with our Q1 2013 report.
9. 9 © BPI group
EXECUTIVE EMPLOYMENT TREND: GENDER
1
2
3
4
5
6
Women Men
Months
Average Time to New Job
by Gender
Women
25%
Men
75%
Survey Sample:
Gender
Key Takeaway: Women executives landed new jobs in an average of 3.5 months, 32% faster than the 5.2
month average for men. This was a reversal of our prior Q1 2012 – Q1 2013 findings, where women took an
average of 4.9 months in the job search, and men an average of 4.4 months. We believe these findings are
influenced by the pool of executive clients who responded to the survey in Q2, and are not indicative of a
larger trend.
10. 10 © BPI group
EXECUTIVE EMPLOYMENT TREND: AGE GROUP
1
2
3
4
5
6
7
8
31-40 41-50 51-60
Months
Average Time to New Job
by Age Range
5%
38%
53%
4%
Survey Sample:
Age Range
31-40
41-50
51-60
61+
Key Takeaway: Average length of the job search decreased progressively with age, with an average job
search of 5.9 months for 31-40 year-olds, 5.0 months for 41-50 year-olds, and 4.6 months for 51-60 year-
olds. This was also a change from Q1 2012 – Q1 2013, where average length of the job search increased
with age. The shorter job search time for executives in the 51-60 age range indicates an increase in the
market of senior-level positions in the first two quarters of 2013, particularly in the areas of finance,
operations, IT and sales.
11. 11 © BPI group
BPI group offers a local boutique touch with a global network of
resources to ensure long-term career success for our executive
outplacement clients. In addition to job search coaching, clients
may also choose to focus on entrepreneurial ventures, preparing for
retirement, or other work alternatives.
Each client works with a personal career coach to develop a
customized, winning services plan, helping them to:
• Focus on developing the next step in their career, leveraging
assessment tools and professional consulting to establish short
and long-term career direction.
• Learn how to effectively job search and thrive in the new world
of work.
• Search for the next opportunity, be it a new job, a business
acquisition or start-up, or a part-time career.
• Connect to high-quality job opportunities, through technology, a
team of job developers, social networks, in-person networking
events, personal introductions and direct placement activities.
• Succeed in their new role, by developing a 90-day onboarding
plan.
Interested in learning more?
Connect with Patricia Siderius, Managing Director, Executive
Outplacement Services, at psiderius@bpi-group.us or
+1.630.613.6373.
ABOUT EXECUTIVE OUTPLACEMENT SERVICES
Your support and professionalism helped me through a
period of my life when I needed a trusted advisor the
most. You were there for me. Always friendly, always
honest and always reliable and dependable; pushing me
when I needed the push, and challenging me when I
needed to be challenged.
I never doubted I would find a job, but I give you full
credit for helping me take my career well beyond I hoped
I would.
- José, landed as Chief Purchasing Officer
with a leading Metals and Plastics Distributor
There is no question that your guidance and consultation
were a significant influence toward my new position. Your
coaching had a profound influence on my entire family,
allowing me to demonstrate that life events, such as job
loss, can be overcome when the right support is sought.
For me, that support was you and the BPI group team.
- David, landed as Director of Market Analytics
with the Tourism Bureau of a major metropolis
12. 12 © BPI group
We are the global management and human resources
consultants that leading organizations rely on. We help
organizations align, engage, develop, and transition talent,
providing solutions that span the talent management
lifecycle.
A Comprehensive Perspective.
We offer clients a deep understanding of the full range of
HR processes and how they impact business results.
The Best Approach for You.
We provide custom solutions that align the objectives of the
individual and the enterprise to deliver sustainable results.
Leading-Edge Thinking.
We help businesses successfully manage change using
innovative practices and research.
Locations in 40 Countries.
We serve businesses no matter where they operate –
locally and worldwide.
Connect with us at www.bpi-group.us.
ABOUT BPI GROUP