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2© BPI2
©BPIgroup
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 Q3 2015 through Q4 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 info@bpi-group.us.
Executive Employment Trends Report Q1 2017
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©BPIgroup
A Positive 2017 Outlook for Executive Talent
2017 promises to be a great year for job seekers. With the unemployment rate remaining low—it’s been 5% or lower for 17
consecutive months1
—qualified job seekers are in high demand by employers seeking to fill an increasing number of open positions. As
of January, job growth has been positive for a record 75 consecutive months.2
As a result, job seekers also have an advantage in the
negotiation process to command higher salaries. In fact, in Q1 we found that over half of our executive career transition clients
landed new positions with greater compensation than that of their previous positions. It’s truly an employee’s market today.
National executive unemployment also remains low, on top of projected 6% growth of executive positions from 2014 to 2024.3
This
flourishing of management roles is a reflection of the bright outlook for the U.S. economy—the result of new business creation and
growth of existing organizations, all of which require experienced executive talent. Organizations are ever more pressed to hire and
place the right people in management positions. According to Gallup’s research, organizations may be failing to connect the right
executive talent to the right role as much as 82% of the time.4
The higher the level of management, the higher the stakes for the
organization.
This is why we at BPI group are dedicated to working with our executive clients to analyze a job offer
to ensure alignment of the offer and needs of both the individual and organization. In this job market,
our clients can afford to be discerning. We look forward to a successful 2017 for our executive clients,
as we renew our commitment to helping them find fulfillment in the next step in their career.
EXECUTIVE EMPLOYMENT TRENDS REPORT Q1 2017
1
Bureau of Labor Statistics, U.S. Department of Labor. Databases, Tables & Calculators by Subject. “Labor Force Statistics from the Current Population Survey.”
https://data.bls.gov/timeseries/LNS140000002
Glassdoor. “Looking Ahead: 5 Job Trends to Watch in 2017.” December 2016. https://research-
content.glassdoor.com/app/uploads/sites/2/2016/12/Glassdoor2017JobsTrends.pdf3
Bureau of Labor Statistics, U.S. Department of Labor. Occupational Outlook Handbook. “Top Executives.” https://www.bls.gov/ooh/management/top-executives.htm#tab-64
Gallup. “Why Great Managers Are So Rare.” http://www.gallup.com/businessjournal/167975/why-great-managers-rare.aspx
Steve Spires
Managing Director, Career Services
BPI group
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©BPIgroup
About Our Executive Career Transition Clients
EXECUTIVE EMPLOYMENT TRENDS REPORT Q1 2017
About the executives:
This report is based on survey responses
from a sample of BPI group’s executive
career transition clients, representing:
– 176 executives, comprising 116 men
and 60 women
– 25 states
– 30 companies
All executives surveyed began and
completed their transition with BPI group
between Q3 2015 and Q4 2016.
Accounting/Finance/Insurance 11%
Biotech/R&D/Science 3%
Business/Strategic Management 19%
Education/Training 1%
Human Resources 3%
IT/Software Development 5%
Legal 7%
Manufacturing/Production/Operations 13%
Marketing/Product 16%
Medical/Health 3%
Quality Assurance/Safety 4%
Sales/Retail/Business Development 15%
Executive respondents represent a
diverse array of occupations:
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Executive Career Transition Program Outcome
EXECUTIVE EMPLOYMENT TRENDS REPORT Q1 2017
81% of our executive clients chose
to seek a new job within an
organization, and 17% decided to
launch their own businesses. 2% of
executives surveyed this quarter
decided to retire.
81%
2%
17%
Executive Career Transition Program Outcome
Landed newemployment
Retired
Started newbusiness
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Length of Job Search
EXECUTIVE EMPLOYMENT TRENDS REPORT Q1 2017
Executives spent an average of 4.6 months in the job search – about the same time as the previous quarter’s
average of 4.4 months. This was significantly less time than the national average of 7 months for those in
executive roles, and 5.7 months for the general U.S. workforce, according to the Bureau of Labor Statistics
January 2017 survey data.
Salary at the new job:
• 58% rated the compensation at their new
job as Better than that of their previous job
• 23% rated the compensation at their new
job as the Same as that of their previous job
• 19% rated the compensation at their new
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
69%
21%
5%
5%
How Executives Found their New Job
Networking
Search Firm
Other
Internet
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Base Salary
EXECUTIVE EMPLOYMENT TRENDS REPORT Q1 2017
Key Takeaway: The vast majority of executives surveyed this quarter fell into the $150,000-$250,000 base salary range,
landing new jobs in an average of 4.5 months.
8%
80%
12%
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+
Month
s
Average Time to New Job by Base Salary Range
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Education Level
EXECUTIVE EMPLOYMENT TRENDS REPORT Q1 2017
Key Takeaway: Those holding either a Bachelor’s or Master’s degree landed new jobs at nearly equal rates of around 4.5
months. This continued the trend observed throughout 2016 of an equalization in average job search length across levels of
education. Historically, we have observed those with Master’s degrees landing the fastest. That those with Master’s and
Bachelor’s degrees are landing new jobs at comparable rates may reflect the increasingly competitive market for talent.
2%
38%
57%
3%
Survey Sample: Education Level
Some College
Bachelor's
Master's
Ph.D
0
1
2
3
4
5
6
Some College Bachelor's Master's Ph.DM
onth
s
Average Time to New Job by Education Level
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Age Group
EXECUTIVE EMPLOYMENT TRENDS REPORT Q1 2017
Key Takeaway: Those in the 41-50 age group, representing 44% of the cohort, landed at the fastest rate, an average of 4.3
months, with those in the majority 51-60 age range landed in an average of 4.8 months.
7%
48%
44%
1%
Survey Sample: Age Range
31-40
41-50
51-60
61+
0
1
2
3
4
5
6
31-40 41-50 51-60 61+M
onth
s
Average Time to New Job by Age Range
- Jean, landed as Director of Industrial Excellence
at a global agricultural corporation
Thank you for the excellent guidance and support you provided during
my job search. It was appreciated and so helpful! Especially as I got into
a negotiation with a French company…You connected me with BPI group
France, and on very short notice, the French team was able to provide
me with a lot of pertinent information, helping me to close the deal. I
start my new job in Paris in a few weeks! Please share my appreciation
with both the BPI group France and U.S. teams.
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BPI group offers a local boutique touch with a global network of resources to ensure long-term career
success for our executive career transition clients. In addition to job search coaching, clients may also
choose to focus on entrepreneurial ventures, prepare for retirement, or pursue other work alternatives.
Each client works with a personal career coach to develop a customized services plan, helping them to:
About Executive Advisory Services
EXECUTIVE EMPLOYMENT TRENDS REPORT Q1 2017
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 +1.800.323.0206.
12© BPI12
©BPIgroup
About BPI group
EXECUTIVE EMPLOYMENT TRENDS REPORT Q1 2017
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.
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