executive employment trends report q4 2016

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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 that 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 Q2 2015 through Q3 2016.

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

• 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 advisory services, please connect with us at [email protected].

Executive Employment Trends Report Q4 2016

mailto:[email protected]

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Q4 Reflections on Executive Employment Trends

Executives surveyed in Q4 landed new positions in an average of 4.4 months from the beginning of their services with BPI group.

Contrast this with the 7 month national average for executive job search length reported by the Bureau of Labor Statistics1

, and the

impact of our high-touch approach is evident.

BPI group’s Executive Advisory Services provide comprehensive career transition and outplacement coaching for senior executives. We

recognize that career transition at the executive level is unique, and partner with each executive to develop a career plan that meets

their standards for success – whether that be a new position, a career change, or an entrepreneurial venture. Indeed, 12% of

executives surveyed this quarter decided to start their own business.

EXECUTIVE EMPLOYMENT TRENDS REPORT Q4 2016

1

Bureau of Labor Statistics, U.S. Department of Labor. “Table A-37. Unemployed persons by occupation, industry, and duration of unemployment.”

http://www.bls.gov/web/empsit/cpseea37.htm

Steve Spires

Managing Director, Career Services

BPI group

We understand the incredible opportunities and potential isolation that senior executives face.

Our Executive Advisory Services are uniquely designed to support the highest-level senior

executives – from CEOs considering their next move, to executives in a job search. Through BPI

group’s extensive international reach, executives also have access to our broad global network

of resources and connections.

As Q4 draws to a close and you consider the changes 2017 may bring, please connect if we can

be of service to you or senior team.


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About Our Executive Career Transition Clients


About the executives:

This report is based on survey responses

from a sample of BPI group’s executive

career transition clients, representing:

– 151 executives, comprising 103 men

and 48 women

– 23 states

– 31 companies

All executives surveyed began and

completed their transition with BPI group

between Q2 2015 and Q3 2016.

Accounting/Finance/Insurance 11%

Biotech/R&D/Science 4%

Business/Strategic Management 14%

Education/Training 1%

Human Resources 4%

IT/Software Development 7%

Legal 5%

Manufacturing/Production/Operations 13%

Marketing/Product 17%

Medical/Health 3%

Quality Assurance/Safety 7%

Sales/Retail/Business Development 14%

Executive respondents represent a

diverse array of occupations:

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Executive Career Transition Program Outcome


85% of our executive clients chose

to seek a new job within an

organization, and 12% decided to

launch their own businesses. 3% of

executives surveyed this quarter

decided to retire.

85%

3%

12%

Executive Career Transition Program Outcome

Landed newemployment

Retired

Started newbusiness

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Length of Job Search


Executives spent an average of 4.4 months in the job search – about the same time as the previous quarter’s

average of 4.3 months. This was significantly less time than the Q3 national average of 7 months for those in

executive roles, and 6.3 months for the general U.S. workforce, as reported by the Bureau of Labor Statistics.

Salary at the new job:

• 58% rated the compensation at their new

job as Better than that of their previous job


job as the Same as that of their previous job


job as Less than that of their previous job

Source: Bureau of Labor Statistics, U.S. Department of Labor. “Table A-12. Unemployed persons by duration of unemployment” http://www.bls.gov/news.release/empsit.t12.htm and

“Table A-37. Unemployed persons by occupation, industry, and duration of unemployment.” http://www.bls.gov/web/empsit/cpseea37.htm

71%

22%

2%5%

How Executives Found their New Job

Networking

Search Firm

Other

Internet

http://www.bls.gov/news.release/empsit.t12.htm


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Base Salary


Key Takeaway: The majority of executives surveyed this quarter made between $150,000-$250,000 as a base salary, and this

group landed new roles in the least amount of time - an average of 4.3 months.

10%

80%

10%

Survey Sample: Base Salary Range

$75,000 -$150,000

$150,000 -$250,000

$250,000+

0

1

2

3

4

5

6

$75,000 - $150,000 $150,000 - $250,000 $250,000+

Mo

nth

s

Average Time to New Job by Base Salary Range

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Education Level


Key Takeaway: The majority of executives surveyed (60%) held a Master’s degree. While we typically observe an inverse

relationship between level of education and time to new job, this quarter those with Master’s degrees took slightly longer

than those with Bachelor’s degrees to land new jobs - 4.5 and 4.1 months, respectively.

2%

35%

60%

3%

Survey Sample: Education Level

SomeCollege

Bachelor's

Master's

Ph.D

0

1

2

3

4

5

6

7

Some College Bachelor's Master's Ph.D

Month

s

Average Time to New Job by Education Level

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Age Group


Key Takeaway: Mirroring the results of the previous quarter’s report, executives in the majority 41-50 and 51-60 age

ranges landed at the fastest rate, in 4.3 and 4.1 months, respectively. The youngest of the cohort, ranging in age from 31

to 40, tended to take the most time to land, an average of 6.7 months.

7%

50%

41%

2%

Survey Sample: Age Range

31-40

41-50

51-60

61+

0

1

2

3

4

5

6

7

8

31-40 41-50 51-60 61+M

onth

s

Average Time to New Job by Age Range

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About Executive Advisory Services


BPI group offers a local boutique touch with a global network of

resources to ensure long-term career success for our executive career

transition and outplacement clients. In addition to job search coaching,

clients may also choose to focus on entrepreneurial ventures, prepare

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 us at [email protected].

I would be very happy to tell folks what a tremendous resource

you have been. When I compare notes with relatives and other

execs who have been through the process, your approach

certainly seems to be a cut above the rest. In addition to the

standard market info, you gave me a substantial number of tools

concerning self-knowledge that were – and are – extremely

helpful.”

- Brian, landed as Finance Director

at a non-profit organization

A weekly session with my coach was a great shot in the arm, as

he provided me with useful guidance, support, and an

opportunity to laugh while reminding me that I’m on the right

track…I couldn’t be more pleased with the professional and

personal support I received from BPI group. I felt very fortunate

when I compared notes with colleagues of mine who did not work

with BPI group.

- Matthew, landed as Vice President of Marketing

at a manufacturing holding company

mailto:[email protected]

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About 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.

http://www.bpi-group.us/

executive employment trends report q4 2016

Recruiting & HR