1. great partnerships
Working With a recruiter. the advantages.
Great partnerships = Great placements
advantaGes to workinG with a recruiter
A Successful Partnership with Lucas Group Major Demographic Shifts from 2000 to 2010 Create New
• We Find Passive Top-Notch Candidates Diversity Hiring Initiatives
• We Provide Timely Feedback • The number of people who are between the ages of 45 and 64
• We Maintain Dialogue Throughout, and After, the Process will increase nearly 30%.*
• We Have a Long-Term Partnership Mind-Set • The Hispanic population is estimated to grow 34% from
• We Never Stop at the Placement 35.6 million to 47.8 million.
• The African-American and Asian populations are estimated to
Average Tenure Statistics outpace the growth of Whites.*
People holding bachelor’s degree or higher as of January 2008
average tenure with current their employer is less than three years. Most Common Reasons Why Executives Will Leave Their
If this trend continues, a 25 year old in 2008 will have held 15 Current Employer
positions within a 40-year career.* • Limited advancement opportunity
• Lack of support to get their job done
Average Age Average Tenure • Compensation
25 - 34 2.7 • Bad cultural fit
35 - 44 4.9
45 - 54 7.6 Recruiting Without a Recruiter
55 - 64 9.9 • Approximately 40% of executives fail or quit within 18 months.
65+ 10.2 • Approximately 40% of failures are due to bad cultural fits within
Overall Male Average Overall Female Average the company, not technical skills.
4.2 3.9 • Cost of a bad executive hire on average is three times their salary.
• Many companies have difficulty with retention directly related to
Private Sector Positions internal hiring processes.
• 3 out of 5 workers is over 35 years of age.* * Bureau of Labor Statistics **AARP ***USA Today
• As of May 2008, 27% of surveyed workers age 45+ stated the
economic slowdown has prompted them to postpone plans to retire.**
• 38% of workers expect to stay within their current position for at In Partnership With
least one year while 41% plan to stay until retirement.***
www.lucasgroup.com • (800) 515-0819
Troy O’Callaghan • TOCallaghan@LucasGroup.com • (713) 864-7733 Ext. 257