New York - The recent BlueSteps Mid-Year Executive Outlook Report shows the majority of senior executives optimistic about both the economy (57% positive) and the job market (85% neutral to positive) for the rest of 2010, with 31% anticipating increased salary levels of as much as 6-10%. This positivity reflects the optimism shown by AESC member search consultants, 95% of whom reported a neutral to positive outlook for the executive search industry for the rest of 2010.
Reflecting this increased confidence in the economy and job market, 88% of executives are either as willing (28%), or more willing (60%) to make a career move now as compared to last year.
Della Giles, Director of BlueSteps, commented “Senior executives hold a very optimistic outlook for the rest of the year. Their increase in willingness to consider new opportunities and make a career transition is extremely encouraging and indicates stabilization in the executive job market. This will be well-received after the instability of the recession, and we hope that this upward trend in executive level recruiting will continue throughout 2010 and beyond.”
Increased compensation and a better role are the top requirements for those interested in making a career move, whilst 25% would welcome a better work environment and 26% would now consider an overseas opportunity. As we emerge from the recession, employers will need to review and place importance on senior executive compensation and job satisfaction to ensure they are able to retain their top executives and remain competitive in the marketplace.
Access the 2010 BlueSteps Mid-Year Outlook Report here.
BlueSteps.com is an online career management service for global senior executives. As an exclusive service of the Association of Executive Search Consultants (AESC), BlueSteps enables senior executives to be visible to over 6,000 AESC member retained executive search professionals. For more information, please visit www.BlueSteps.com.
Since 1959, the AESC has set the standard for quality and ethics in executive search and leadership consulting worldwide. Because AESC members must commit and adhere to the AESC's industry and government recognized Code of Ethics and Professional Practice Guidelines, clients can be assured that AESC members are able to serve as trusted advisors for their most important engagements. As the voice for executive search and leadership consulting worldwide, today the AESC is comprised of more than 350 member firms, representing 8,000 executive search professionals in 75 countries. To learn more about the AESC and its membership, visit www.aesc.org. For information about the AESC's career service for executive-level professionals, visit www.bluesteps.com.