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March 21, 2011

Hang on to your Executives

ExecuNet, Inc., an online networking site and job board that recruits executive talent, recently conducted a survey of 380 recruiters.  The survey indicated that over half of executive candidates seeking jobs are receiving more than one offer.  This is an increase of 16% from the 2010 survey results.

The industries that appear to heating up most are health-care and technology.   Job functions that are in demand are sales and business-development, along with marketing and engineering.  Additionally, competitive offers are being sweetened with increased compensation and additional perks such as flexible work hours.

Although this is a sign that times are getting better, executives are not receiving the multiple offers that were prevalent in 2006 and 2007.  But the data serves as a good reminder to review your executive compensation and rewards program to ensure you are competitive with external market.

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