Job Market Intelligence Report

I just reviewed the summary report of the ExecuNet 2009 Job Market Intelligence Report. ExecuNet surveyed more than 5,000 executives, search consultants and corporate HR professionals in January 2009.

The annual report addresses changes in the job market and forward looking expectations for the coming year.  Career industry professionals have been beating the networking drum for years and the report validates its role in the executive search process. The report found that 73%  of executives find career options through networking.

I love this quote from Dave Opton, Execunet CEO & Founder which sums up my own views on networking:

“Time and again, the executive who ensures the fitness of his or her network will always be able to produce results. Let your network wither and no matter how much effort you flood it with, it will not revive quickly enough for you to respond to changing workplace conditions.”

Other findings from the report:

• The pay gap between men and women at mid-level executive ranks is narrowing but the discrepancy widens to 14 percent when they reach the president/CEO/COO/partner/chair level.
• 10.1 months is the amount of times executives in active job search expect to spend searching for their next position.
• Executives remain in their current job an average of 2.7 years. This number may also illuminate many of today’s corporate woes.

A large part of any marketing campaign, including career marketing, is market intelligence.  This report presents insights and trends that can help you prepare an effective strategy to attain your next position. Visit ExecuNet to read more highlights and get a copy of the report.