WittKieffer: Report Finds Coronavirus Pandemic Ushered in New Era of Executive Recruiting
WittKieffer has released a new survey report that sheds light on how, and to what extent, the COVID-19 pandemic has changed the outlook of executives towards their jobs and careers. For the report “Executive Mobility and Hiring in a Pandemic”, the firm surveyed more than 1,250 executives and nearly 180 clients in the healthcare and education industries to learn more about their priorities, actions and decision-making during the pandemic, which could shape the executive search, recruiting and leadership landscape moving forward.
“The pandemic has really prompted executives to rethink their careers, what really matters to them, and to be open to job changes,” said Elizabeth Frye, M.D., WittKieffer Chief of Operations and a Physician Executive Consultant with the firm. “Instead of being conservative about their careers during the crisis, executives really seem open to moving jobs and location if it means finding work that is fulfilling to them.”
The report outlines nine specific changes taking place in executive careers and hiring. Key takeaways include:
- Executive roles have changed due to the pandemic, some of which may have lasting impact.
- Executives are motivated to find new work.
- Executives are open to relocating.
- Executive search has changed, primarily due to video technology.
- Workers, and leaders, are going remote.