AltoPartners: Executive Hirings up 30% over Pre-COVID Levels
Companies are beefing up their management teams in the race towards funding and listing, prompted by the buoyant stock markets, which include start-ups and young companies that did not traditionally use executive search firms.
Industry sources said flustered companies that are losing good talent are being forced to shell out more for new candidates. Even mid-to lower levels are witnessing a cycle of resignations and replacement hiring.
AltoPartners notes how executive hiring is on the rise because of a few factors, such as:
- New opportunities opening up
- High demand for tech-related positions
- A need for new leadership