Mais conteúdo relacionado Semelhante a Executive Employment Trends Report Q4 2016 (20) Executive Employment Trends Report Q4 20162. © BPI2
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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 that 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 2015 through Q3 2016.
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 advisory services, please connect with us at info@bpi-group.us.
Executive Employment Trends Report Q4 2016
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Q4 Reflections on Executive Employment Trends
Executives surveyed in Q4 landed new positions in an average of 4.4 months from the beginning of their services with BPI group.
Contrast this with the 7 month national average for executive job search length reported by the Bureau of Labor Statistics
1
, and the
impact of our high-touch approach is evident.
BPI group’s Executive Advisory Services provide comprehensive career transition and outplacement coaching for senior executives. We
recognize that career transition at the executive level is unique, and partner with each executive to develop a career plan that meets
their standards for success – whether that be a new position, a career change, or an entrepreneurial venture. Indeed, 12% of
executives surveyed this quarter decided to start their own business.
EXECUTIVE EMPLOYMENT TRENDS REPORT Q4 2016
1
Bureau of Labor Statistics, U.S. Department of Labor. “Table A-37. Unemployed persons by occupation, industry, and duration of unemployment.”
http://www.bls.gov/web/empsit/cpseea37.htm
Steve Spires
Managing Director, Career Services
BPI group
We understand the incredible opportunities and potential isolation that senior executives face.
Our Executive Advisory Services are uniquely designed to support the highest-level senior
executives – from CEOs considering their next move, to executives in a job search. Through BPI
group’s extensive international reach, executives also have access to our broad global network
of resources and connections.
As Q4 draws to a close and you consider the changes 2017 may bring, please connect if we can
be of service to you or senior team.
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About Our Executive Career Transition Clients
EXECUTIVE EMPLOYMENT TRENDS REPORT Q4 2016
About the executives:
This report is based on survey responses
from a sample of BPI group’s executive
career transition clients, representing:
– 151 executives, comprising 103 men
and 48 women
– 23 states
– 31 companies
All executives surveyed began and
completed their transition with BPI group
between Q2 2015 and Q3 2016.
Accounting/Finance/Insurance 11%
Biotech/R&D/Science 4%
Business/Strategic Management 14%
Education/Training 1%
Human Resources 4%
IT/Software Development 7%
Legal 5%
Manufacturing/Production/Operations 13%
Marketing/Product 17%
Medical/Health 3%
Quality Assurance/Safety 7%
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 Q4 2016
85% of our executive clients chose
to seek a new job within an
organization, and 12% decided to
launch their own businesses. 3% of
executives surveyed this quarter
decided to retire.
85%
3%
12%
Executive Career Transition Program Outcome
Landed new
employment
Retired
Started new
business
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Length of Job Search
EXECUTIVE EMPLOYMENT TRENDS REPORT Q4 2016
Executives spent an average of 4.4 months in the job search – about the same time as the previous quarter’s
average of 4.3 months. This was significantly less time than the Q3 national average of 7 months for those in
executive roles, and 6.3 months for the general U.S. workforce, as reported by the Bureau of Labor Statistics.
Salary at the new job:
• 58% rated the compensation at their new
job as Better than that of their previous job
• 22% rated the compensation at their new
job as the Same as that of their previous job
• 20% 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
71%
22%
2%
5%
How Executives Found their New Job
Networking
Search Firm
Other
Internet
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Base Salary
EXECUTIVE EMPLOYMENT TRENDS REPORT Q4 2016
Key Takeaway: The majority of executives surveyed this quarter made between $150,000-$250,000 as a base salary, and this
group landed new roles in the least amount of time - an average of 4.3 months.
10%
80%
10%
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 Q4 2016
Key Takeaway: The majority of executives surveyed (60%) held a Master’s degree. While we typically observe an inverse
relationship between level of education and time to new job, this quarter those with Master’s degrees took slightly longer
than those with Bachelor’s degrees to land new jobs - 4.5 and 4.1 months, respectively.
2%
35%
60%
3%
Survey Sample: Education Level
Some
College
Bachelor's
Master's
Ph.D
0
1
2
3
4
5
6
7
Some College Bachelor's Master's Ph.D
Months
Average Time to New Job by Education Level
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Age Group
EXECUTIVE EMPLOYMENT TRENDS REPORT Q4 2016
Key Takeaway: Mirroring the results of the previous quarter’s report, executives in the majority 41-50 and 51-60 age
ranges landed at the fastest rate, in 4.3 and 4.1 months, respectively. The youngest of the cohort, ranging in age from 31
to 40, tended to take the most time to land, an average of 6.7 months.
7%
50%
41%
2%
Survey Sample: Age Range
31-40
41-50
51-60
61+
0
1
2
3
4
5
6
7
8
31-40 41-50 51-60 61+Months
Average Time to New Job by Age Range
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About Executive Advisory Services
EXECUTIVE EMPLOYMENT TRENDS REPORT Q4 2016
BPI group offers a local boutique touch with a global network of
resources to ensure long-term career success for our executive career
transition and outplacement clients. In addition to job search coaching,
clients may also choose to focus on entrepreneurial ventures, prepare
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 us at info@bpi-group.us.
I would be very happy to tell folks what a tremendous resource
you have been. When I compare notes with relatives and other
execs who have been through the process, your approach
certainly seems to be a cut above the rest. In addition to the
standard market info, you gave me a substantial number of tools
concerning self-knowledge that were – and are – extremely
helpful.”
- Brian, landed as Finance Director
at a non-profit organization
A weekly session with my coach was a great shot in the arm, as
he provided me with useful guidance, support, and an
opportunity to laugh while reminding me that I’m on the right
track…I couldn’t be more pleased with the professional and
personal support I received from BPI group. I felt very fortunate
when I compared notes with colleagues of mine who did not work
with BPI group.
- Matthew, landed as Vice President of Marketing
at a manufacturing holding company
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About BPI group
EXECUTIVE EMPLOYMENT TRENDS REPORT Q4 2016
We are global management and human resources
consultants focused on helping individuals and
organizations navigate change.
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.