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BPI group has established this Executive Employment Trends Report to offer visibility into the current
executive job market. We are committed to quality and results in our outplacement programs, and believe that
keeping a careful eye on trends in the market is an important way to ensure we are meeting the needs of our
career transition clients. The findings of this report are based on a survey of our executive clients who began
their job search from Q3 2012 through Q4 2013.
The Executive Employment Trends Report includes analysis of the following executive employment trends:
– Average length of the executive job search
– How the length of the job search is impacted by various factors, including:
• Base Salary Level
• Education Level
• Gender
• Age
We look forward to continuing to share the latest trends in executive employment. If you would like to learn
more about our approach to executive outplacement services, please contact Patricia Siderius, Managing
Director, Executive Outplacement Services, at psiderius@bpi-group.us or +1.630.613-6373.
EXECUTIVE EMPLOYMENT TRENDS REPORT
3. 3 © BPI group
About the executives:
This report is based on survey responses from a
sample of BPI group’s executive outplacement
clients, representing:
– 110 executives
– 14 states
– 25 companies
All executives surveyed began and completed their
career transition with BPI group between Q3 2012
and Q4 2013.
ABOUT OUR EXECUTIVE OUTPLACEMENT CLIENTS
Accounting/Finance/Insurance 16%
Banking/Real Estate 1%
Engineering 1%
Human Resources 13%
IT/Software Development 18%
Legal 9%
Manufacturing/Production/Operations 21%
Marketing/Product 9%
Sales/Retail/Business Development 12%
Executive respondents represent a
diverse array of occupations:
4. 4 © BPI group
EXECUTIVE OUTPLACEMENT PROGRAM OUTCOME
While most of our executive
clients chose to seek a new job
within an organization, 5% chose
to retire, and 5% decided to
start their own business.
90%
5%
5%
Executive Outplacement
Program Outcome
Landed New Job
Starting Own Business
Retired
5. 5 © BPI group
Executives spent an average of 5.4 months in the job search – unchanged from the
Q3 2013 average. This was consistent with trends reported by the Bureau of Labor
Statistics, as the national average length of unemployment also remained steady
between Q3 2014 and Q4 2014, at 8.5 months.
EXECUTIVE EMPLOYMENT TREND: LENGTH OF JOB SEARCH
Status of the new job:
• 41% rated their new job as Better than their previous job
• 55% rated their new job as the Same as their previous job
• 4% rated their new job as Less than their previous job
6. 6 © BPI group
EXECUTIVE EMPLOYMENT TREND: HOW JOB WAS FOUND
Status of the new job:
• 41% rated their new job as
Better than their previous job
• 55% rated their new job as the
Same as their previous job
• 4% rated their new job as
Less than their previous job
71%
23%
5%
How Executives Found
Their New Job
Networking
Search Firm
Internet
Key Takeaway: Executives who found their job through networking landed new jobs in an
average of 4.6 months - much faster than those who landed through a search firm or the
internet. Executives using a search firm landed a new job in an average of 7 months, while
those who used the internet landed a new job within 7.5 months.
1
2
3
4
5
6
7
8
Networking Search Firm Internet
Months
Average Time to New Job
by How Job Was Found
7. 7 © BPI group
EXECUTIVE EMPLOYMENT TREND: BASE SALARY
1
2
3
4
5
6
$75-150k $150-250k $250k+
Months
Average Time to New Job
by Base Salary Range30%
51%
19%
7%
Survey Sample:
Base Salary Range
Under $75k
$75-150k
$150-250k
$250k+
Key Takeaway: Executives at all salary levels spent an average of 5.2 months in the job
search. Average job search length has remained similar across all salary levels since our Q3
2013 report.
8. 8 © BPI group
EXECUTIVE EMPLOYMENT TREND: EDUCATION LEVEL
1
2
3
4
5
6
7
Some
College
Bachelor's Master's Ph.DMonths
Average Time to New Job
by Education Level
6%
52%
37%
5%
Survey Sample:
Education Level
Some College
Bachelor's
Master's
Ph.D
Key Takeaway: Executives with post-graduate degrees continue to land jobs about one month
faster, finding new jobs in an average of 5 months, in contrast to the 6 months reported by those
with Bachelor’s Degrees. This advantage is an ongoing trend, which has remained consistent
since our Q2 2013 report.
9. 9 © BPI group
EXECUTIVE EMPLOYMENT TREND: GENDER
1
2
3
4
5
6
Female Male
Months
Average Time to New Job
by Gender
Women
27%
Men
72%
Survey Sample:
Gender
Key Takeaway: Men landed new jobs in an average of 5.2 months, slightly faster than the 5.8
month average for women.
10. 10 © BPI group
EXECUTIVE EMPLOYMENT TREND: AGE GROUP
1
2
3
4
5
6
7
8
9
31-40 41-50 51-60 61+
Months
Average Time to New Job
by Age Range
4%
44%48%
4%
Survey Sample:
Age Range
31-40
41-50
51-60
61+
Key Takeaway: Executives in the 41-50 and 51-60 year age ranges landed new jobs at a
similar rate – 4.6 and 5.4 months, respectively. Executives 31-40 and 61+ reported longer job
searches on average – a trend which has remained consistent since our Q2 2013 report.
11. 11 © BPI group
BPI group offers a local boutique touch with a global network of
resources to ensure long-term career success for our executive
outplacement clients. In addition to job search coaching, clients
may also choose to focus on entrepreneurial ventures, preparing for
retirement, or other work alternatives.
Each client works with a personal career coach to develop a
customized, winning services plan, helping them to:
• Focus on developing the next step in their career, leveraging
assessment tools and professional consulting to establish short
and long-term career direction.
• Learn how to effectively job search and thrive in the new world
of work.
• Search for the next opportunity, be it a new job, a business
acquisition or start-up, or a part-time career.
• Connect to high-quality job opportunities, through technology, a
team of job developers, social networks, in-person networking
events, personal introductions and direct placement activities.
• Succeed in their new role, by developing a 90-day onboarding
plan.
Interested in learning more?
Connect with Patricia Siderius, Managing Director, Executive
Outplacement Services, at psiderius@bpi-group.us or
+1.630.613.6373.
ABOUT EXECUTIVE OUTPLACEMENT SERVICES
Your support and professionalism helped me through a
period of my life when I needed a trusted advisor the
most. You were there for me. Always friendly, always
honest and always reliable and dependable; pushing me
when I needed the push, and challenging me when I
needed to be challenged.
I never doubted I would find a job, but I give you full
credit for helping me take my career well beyond I hoped
I would.
- José, landed as Chief Purchasing Officer
with a leading Metals and Plastics Distributor
There is no question that your guidance and consultation
were a significant influence toward my new position. Your
coaching had a profound influence on my entire family,
allowing me to demonstrate that life events, such as job
loss, can be overcome when the right support is sought.
For me, that support was you and the BPI group team.
- David, landed as Director of Market Analytics
with the Tourism Bureau of a major metropolis
12. 12 © BPI group
We are global management and human resources
consultants focused on helping individuals and
organizations navigate change.
Align + Engage
We help build optimal structures and get people
engaged in their roles.
Develop
We inspire individuals and teams to achieve
maximum performance.
Transition
We help individuals and organizations make the
most of change.
Connect with us at www.bpi-group.us to
learn more.
ABOUT BPI GROUP