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BPI group’s Executive Employment Trends Report offers 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 that we meet 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 Q1 2016 through Q2 2017.
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
• 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, please connect with us at info@bpi-group.us.
Executive Employment Trends Report Q3 2017
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Executive Job Market Continues Strong Growth
Executives in career transition continue to benefit from strong job growth in 2017. More than one million jobs have
been added to the economy since January, with more than six million job openings reported.1 With U.S.
unemployment at a 16-year low of 4.3%, the market for qualified talent continues to heat up.
BPI group’s executive career transition clients landed new roles in an average of 4.5 months in Q3—slightly shorter
than our Q2 average of 4.6 months, but significantly faster than the national average executive job search length of
5.9 months.
2
Our executive clients with a base salary greater than $250k landed new roles in an average of just 4.2
months this quarter—reflective of the competitive market for senior executive talent. In this environment, our
career transition consultants help executives carefully consider the next step in their career, leveraging assessment
tools and professional consulting to establish short- and long-term career direction, as well as skillfully negotiate
compensation packages.
EXECUTIVE EMPLOYMENT TRENDS REPORT Q3 2017
Steve Spires
Managing Director, Career Services
BPI group
Compared to Q2, we saw a 5% increase in the number of executives (85%) who chose to
seek a new job within an organization, with a concurrent 8% decrease in those who
decided to start their own businesses (10%). While entrepreneurship is still going strong
in the United States, this latest decline may be indicative of persistent uncertainties
about health care and global economies.3 Regardless of the career and life decisions
facing senior executives, BPI group consultants remain committed to supporting our
clients and executives every step of the way.
1. http://money.cnn.com/2017/08/04/news/economy/july-jobs-report/index.html
2. http://www.bls.gov/web/empsit/cpseea37.htm
3. https://www.inc.com/magazine/201612/leigh-buchanan/state-of-entrepreneurship-2017.html
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About Our Executive Career Transition Clients
EXECUTIVE EMPLOYMENT TRENDS REPORT Q3 2017
About the executives:
This report is based on survey responses
from a sample of BPI group’s executive
career transition clients, representing:
– 23 states
– 62% men and 38% women
All executives surveyed began and
completed their transition with BPI group
between Q1 2016 and Q2 2017.
Accounting/Finance/Insurance 9%
Biotech/R&D/Science 4%
Business/Strategic Management 23%
Education/Training 1%
Human Resources 4%
IT/Software Development 3%
Legal 1%
Manufacturing/Production/Operations 16%
Marketing/Product 17%
Medical/Health 8%
Sales/Retail/Business Development 14%
Executive respondents represent a
diverse array of occupations:
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Executive Career Transition Program Outcome
EXECUTIVE EMPLOYMENT TRENDS REPORT Q3 2017
85% of our executive clients chose
to seek a new job within an
organization, and 10% decided to
launch their own businesses. 4% of
executives surveyed this quarter
decided to retire and 1% decided to
go back to school. 85%
4%
10%
1%
Executive Career Transition Program Outcome
Landed new employment
Retired
Starting new business
Returning to school
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Length of Job Search
EXECUTIVE EMPLOYMENT TRENDS REPORT Q3 2017
Executives spent an average of 4.5 months in the job search – slightly shorter than the previous quarter’s average
of 4.6 months. This was significantly less time than the national average of 5.9 months for those in executive
roles, and 5.2 months for the general U.S. workforce, as reported by the Bureau of Labor Statistics in July.
Salary at the new job:
• 45% rated the compensation at their new
job as Better than that of their previous job
• 30% rated the compensation at their new
job as the Same as that of their previous job
• 25% rated the compensation at their new
job as Less than that of their previous job
Source: Bureau of Labor Statistics, U.S. Department of Labor. “Table A-12. Unemployed persons by duration of unemployment” http://www.bls.gov/news.release/empsit.t12.htm and
“Table A-37. Unemployed persons by occupation, industry, and duration of unemployment.” http://www.bls.gov/web/empsit/cpseea37.htm
82%
8%
7% 3%
How Executives Found their New Job
Networking
Search Firm
Internet
Other
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Base Salary
EXECUTIVE EMPLOYMENT TRENDS REPORT Q3 2017
Key Takeaway: Those making $250,000 or more as a base salary tended to have the shortest landing time with an average of
4.2 months, closely followed by the vast majority of our executives who fall into the $150,000-$250,000 base salary range,
with an average landing time of 4.4 months.
17%
59%
24%
Survey Sample: Base Salary Range
$75,000 -
$150,000
$150,000 -
$250,000
$250,000+
0
1
2
3
4
5
6
$75,000 - $150,000 $150,000 - $250,000 $250,000+
Months
Average Time to New Job by Base Salary Range
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Education Level
EXECUTIVE EMPLOYMENT TRENDS REPORT Q3 2017
Key Takeaway: The majority of executives surveyed held a master’s degree. Typically, the higher the education level, the
longer it takes for executives to land.
7%
32%
54%
7%
Survey Sample: Education Level
Some College
Bachelor's
Master's
Ph.D
0
1
2
3
4
5
6
Some College Bachelor's Master's Ph.D
Months
Average to New Job by Education Level
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Age Group
EXECUTIVE EMPLOYMENT TRENDS REPORT Q3 2017
Key Takeaway: The vast majority of executives surveyed were between 51 and 60 years of age (55%) and the landing time
for all of our executives went from 4.2 months to 4.7 months, resulting in an average landing time of 4.4 months.
13%
29%
55%
3%
Survey Sample: Age Range
31-40
41-50
51-60
61+
0
1
2
3
4
5
31-40 41-50 51-60 61+
Months
Average Time to New Job by Age Range
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BPI group offers a local boutique touch with a global network of resources to ensure long-term career
success for our executive career transition clients. In addition to job search coaching, clients may also
choose to focus on entrepreneurial ventures, prepare for retirement, or pursue other work alternatives.
Each client works with a personal career coach to develop a customized services plan, helping them to:
About Executive Outplacement
EXECUTIVE EMPLOYMENT TRENDS REPORT Q3 2017
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 us at +1.800.323.0206.
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About BPI group
EXECUTIVE EMPLOYMENT TRENDS REPORT Q3 2017
We are global management and human resources
consultants helping people and organizations
navigate the future of work.
Align + Engage
We help build optimal structures and get people
engaged in their roles.
Develop
We inspire individuals and teams to achieve
maximum performance.
Transition
We help individuals and organizations make the
most of change.
Connect with us at www.bpi-group.us to
learn more.